Pranos raises seed funding co-led by pi Venture, Ankur Capital
24 Mar 2026, 01:38 PMThe round also saw participation from Industrial47 and angel investors such as Lalit Keshre, co-founder of Groww, Razorpay founders and Bhukhanwala Industries.
Team Head&Tale
Share the story on
Pranos Fusion, a nuclear fusion deep tech startup, has raised $6.8 million in a seed funding round co-led by pi Ventures and Ankur Capital.
The round also saw participation from Industrial47 and angel investors such as Lalit Keshre, co-founder of Groww, Razorpay founders and Bhukhanwala Industries.
The startup had earlier secured Rs 3.5 crore in pre-seed funding from Industrial47, and received Rs 20 lakh grant money from Startup India Seed Fund.
It will use the fresh capital to develop its technology stack such as magnet systems and software-led design and control capabilities, expand their team, and build out testing facilities, a press release said.
Pranos Fusion was founded in 2024 by Dr Shaurya Kaushal and Roshan George to commercialise nuclear fusion energy. The Bengaluru-based company is developing fusion reactors based on 'low aspect ratio' tokamaks, which offer better performance and form factor advantages.
It wants to develop engineering solutions that will place nuclear fusion technology as a viable solution to meet India's rising energy demands sustainably.
The startup is presently collaborating with institutions such as the Institute of Plasma Research and the Jawaharlal Nehru Centre for Advanced Scientific Research, as well as the global fusion program ITER.
“We stand on the shoulders of brilliant fusion physics. Now, the world needs the commercial infrastructure to bring it to the grid—the technology to design, construct, and operate fusion power plants at scale. At Pranos, we are building exactly that, and we are beginning our contribution today, from India,” said Shaurya Kaushal, co-founder and CEO of Pranos Fusion.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
Related News