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Graas.ai raises $9 million to expand AI agent platform Agent Foundry
The company plans to use the investment to expand Agent Foundry in India. This is its platform for building agents that address challenges in modern commerce, including rising customer acquisition costs, pricing optimisation, margin erosion, and inventory mismanagement, the company said in a statement.
It added that Agent Foundry can independently analyse real-time performance across sales channels, stock-keeping units (SKUs), and advertising campaigns, then execute decisions for both direct-to-consumer (D2C) and marketplace brands.
The Graas.ai agents cater to distinct business needs. For instance, Hoppr serves as an in-house analyst for performance analysis; Chattr functions as a customer support agent; Extract delivers cleaned data into Google Sheets or databases for data engineers; Cartlyst operates as a business-to-business order specialist; and Turbo brings together sales, advertising, inventory, and operations data in one unified view. Domain experts then fine-tune the behaviour of these agents.
Prem Bhatia, co-founder and chief executive officer of Graas.ai, said, 'Commerce does not need another AI copilot or prettier dashboard. It needs agents that actually 'run' the play. We have spent two years building the data backbone, and now with Agent Foundry, we are helping brands act on it. This multi-agent framework lets us create bespoke agents solving commerce's toughest problems. Despite the challenging fundraising climate, we are grateful our investors share our vision for an agentic world.'
Founded in 2022 and headquartered in Singapore, the AI-native data and automation company primarily serves e-commerce businesses. The data show that the company has so far processed over $1 billion in gross merchandise value (GMV) and provides services to over 2,000 brands, operating in seven countries in India and Southeast Asia.
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