Latest news with #JyothisIndirabhai
The Hindu
27-07-2025
- Business
- The Hindu
TrEST Research Park-incubated semiconductor start-up Netrasemi secures Series A funding
Fabless semiconductor start-up Netrasemi Pvt. Ltd., incubated at the State-run TrEST Research Park, has successfully raised ₹107 crore in an achievement that could fuel Kerala's deep-tech ambitions. Higher Education Minister R. Bindu said the investment in the start-up's Series A funding round (first round of venture capital funding after a start-up receives initial seed funding) was led by Zoho Corporation and Unicorn India Ventures. 'This is a significant leap for Kerala's growing semiconductor ecosystem. Netrasemi's success adds momentum to the State's deep-tech vision and proves the value of fostering innovation through academic-industry collaboration,' the Minister said. Founded in 2020 by Jyothis Indirabhai, Sreejith Varma and Deep Geetha, Netrasemi is developing a new generation of domain-specific, power-efficient Edge-AI System-on-Chips (SoCs). These chips are being widely adopted in sectors such as robotics, autonomous systems, smart IoT devices and surveillance technologies. Flagship products like Netra A2000 and R1000 are already in commercial use, offering cutting-edge solutions powered by a patented heterogeneous parallel processing architecture capable of supporting over 100 AI/ML applications, the Minister added in a statement. The start-up has also received backing from the Ministry of Electronics and Information Technology (MeitY) under its Design Linked Incentive (DLI) and Chips to Start-up (C2S) schemes. Modelled after the IIT Madras Research Park, TrEST Research Park was established to offer world-class R&D infrastructure and mentorship, and turn academic research into market-ready solutions.
New Indian Express
26-07-2025
- Business
- New Indian Express
Thiruvananthapuram startup Netrasemi raises Rs 107 crore from Zoho Corp, Unicorn India Ventures
KOCHI: Kerala-based semiconductor startup Netrasemi has raised Rs 107 crore in the Series A round from Zoho Corporations Ltd & Unicorn India Ventures. This is the single largest funding raised by the startup compared to the earlier rounds. In the earlier rounds, the company had raised a total of Rs 125 crore. Speaking to TNIE, Jyothis Indirabhai, co-founder and CEO of Netrasemi, said, 'The funds raised will be used for accelerating research and development initiatives, expand manufacturing capabilities, enhance marketing efforts to capture larger domestic and global market share, bring four system-on-chip variants with advanced AI and video analytics features into production and address compute platform requirements of original equipment manufactures (OEMs) for surveillance, industrial robotics, and smart infrastructure products.' According to him, the startup has successfully completed the development of two System on a Chip (SoC) products. 'The company is focused on developing SoCs that enable optimal computing for smart IoT products, particularly for addressing complex workloads like video processing. These chips can be used in devices, making them capable of performing advanced AI-based analytics directly, eliminating the need to send data to servers or the cloud.' This capability is powered by Netrasemi's energy-efficient deep-neural AI acceleration core (NPU) and comprehensive portfolio of in-house silicon intellectual properties. In the last 12 months, the company has completed development of two Edge-AI chips with advanced video capabilities, initiated development of CCTV AI camera chip for Indian market, established partner agreements for evaluation boards and platform development, signed multiple MOUs with global partners for sample release and product R&D and secured interest and requirements from multiple OEMs for platform development using Netrasemi SoCs.
Time of India
24-07-2025
- Business
- Time of India
Edge AI chip startup Netrasemi raises Rs 107 crore from Zoho, Unicorn India Ventures
Chennai: Amid the efforts to indigenise CCTV equipment supply chain, Kerala-based chip startup Netrasemi has raised Rs 107 crore in Series A round from Zoho Corporations and Unicorn India Ventures. It develops an integrated circuit called system on chips (SoC), which enables computing in internet of things (IoT) products for applications such as surveillance, industrial robotics, and smart home and retail devices. Founded in 2020, Netrasemi is building SOCs that can process video and AI workloads directly on devices without sending them to the cloud. It has developed two SoC products, a video analytics chip and a microcontroller chip for IoT sensors, currently in the prototyping stage. 'The first chip has advanced video capabilities and we have initiated development of CCTV AI camera chips for the Indian market. The govt's push to localise CCTV supply chains is driving the demand. The trustworthiness of being an Indian player helps both domestic and international markets,' Jyothis Indirabhai, co-founder and chief executive of Netrasemi told TOI. 'We have established partner agreements for evaluation boards and platform development and in talks with global original equipment makers and have agreements with at least eight OEMs,' he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo The funds raised will be used for research and development of new variants, expand manufacturing capabilities and marketing, he added. Supported by the Ministry of electronics and information technology's (Meity) design linked incentive program, it has previously raised Rs 18.3 crore in earlier rounds. Zoho has invested an undisclosed sum in the startup with capabilities in robotics, adding to its portfolio of Kerala-based startups Asimov Robotics and Genrobotics. It plans to tap the robotics, artificial intelligence and edge processing capabilities of the startup and collaborate on R&D projects with Netrasemi. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
24-07-2025
- Business
- Time of India
Semiconductor startup Netrasemi raises Rs 107 crore from Zoho, Unicorn India Ventures
Academy Empower your mind, elevate your skills Kerala-based semiconductor startup Netrasemi has raised Rs 107 crore from Zoho Corporation and Unicorn India Ventures The edge artificial intelligence (AI) semiconductor technology company is building system-on-chip (SoC) circuits to enable optimal computing for Internet of things (IoT) products. Edge AI refers to artificial intelligence that processes data generated by a hardware device locally, rather than on the company largely works in sectors such as surveillance, robotics, and smart in 2020 by Jyothis Indirabhai, Sreejith Varma and Deepa Geetha, Netrasemi is currently in its prototyping and research and development (R&D) phase. The company plans to launch its product by early had raised Rs18.3 crore in its last two rounds from various investors, including Medimicrochip Labs, Indian Institute of Management (IIM) – Kozhikode, and Unicorn India Venture, according to deeptech venture plans to use the fresh funds to build its R&D capabilities and enhance manufacturing capacity. 'We will use the funding to focus on improving our R&D facility in Kerala. The Edge AI market is already seeing growth projections compared to Cloud AI,' Indirabhai, the company's chief executive officer, told ET.'Netrasemi chips enable solution players to develop advanced ML and vision application use cases faster and with ease. We not only make advanced System-on-Chips but own the IP cores that go inside to make them achieve edge-efficient computing," he on the funding infusion, Shailesh Davey, Co-founder and CEO, Zoho Corporation, said, 'Our interests with Netrasemi … align on the R&D front, especially in areas such as robotics, AI and edge processing.''Through this investment, we are supporting the development of indigenous intellectual property (IP) and innovation, paving the way for globally competitive products to be built in India,' Davey added.
