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Business Standard
11-08-2025
- Business
- Business Standard
Graas.ai raises $9 million to expand AI agent platform Agent Foundry
a platform that provides artificial intelligence (AI)-based analytics solutions for e-commerce businesses, announced on Monday that it had raised $9 million in a pre-Series B funding round. The round was led by Tin Men Capital, with participation from Incred Wealth, Orzon, and existing investors Integra Partners and Yuj Ventures. 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 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 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.
Entrepreneur
11-08-2025
- Business
- Entrepreneur
Graas.ai Secures USD 9 Mn to Launch Agent Foundry in India
The pre-Series B funding round was led by Tin Men Capital, with participation from Incred Wealth, Orzon, and existing backers Integra Partners and Yuj Ventures. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. has secured over USD 9 million in a pre-Series B funding round led by Tin Men Capital, with participation from Incred Wealth, Orzon, and existing backers Integra Partners and Yuj Ventures. The funds will be deployed to launch Agent Foundry in India, a proprietary platform for building autonomous agents to help e-commerce brands automate key business functions. The initiative will focus on reducing customer acquisition costs, optimising pricing, protecting margins, and improving inventory management. "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 allows us to create bespoke agents solving commerce's toughest problems," said Prem Bhatia, Co-founder and CEO of was founded in 2022 by Prem Bhatia and Ashwin Puri and is headquartered in Singapore. The company specialises in AI-native data and automation for e-commerce, replacing fragmented dashboards, disconnected tools, and manual workflows with intelligent agents that observe, decide, and execute autonomously. These agents integrate with more than 100 platforms, including marketplaces, direct-to-consumer sites, and advertising channels across India and Southeast Asia. has processed over USD 1 billion (about INR 8,350 crore) in gross merchandise value, supports over 2,000 brands, and operates in seven countries in the region. Within Agent Foundry, agents are trained using real-world workflows, prompt chaining, and detailed evaluation processes. Each serves a distinct purpose: hoppr functions as an in-house analyst; Cartlyst processes B2B orders using optical recognition to convert unstructured inputs; Chattr handles customer support with natural language processing; Turbo unifies sales, advertising, inventory, and operations data; and Extract delivers cleaned datasets to Google Sheets or databases. Murli Ravi, Managing Partner at Tin Men Capital, said, "The end of cheap capital has resulted in brands focusing on sustainable growth without sacrificing margins. We backed Graas because they've built the data infrastructure and understand the context engineering required to build enterprise-grade agents for retailers." Jinesh Patel, Managing Partner at Integra Partners, added, "Integra backed Graas in 2022 when making data as the primary driver of decision-making was still a major challenge for most eCommerce brands. Today, as agent-led systems gain traction, Graas is uniquely positioned with the vertical data depth to lead this shift across SE Asia and India."
Economic Times
11-08-2025
- Business
- Economic Times
Ecommerce tech startup Graas AI raises $9 million from Tin Men Capital, others
Graas AI, a Singapore-based ecommerce technology company founded in 2022, has raised $9 million in a funding round led by venture capital fund Tin Men Capital. Other investors participating in the round include Incred Wealth, Orzon, Integra Partners and Yuj Ventures. The company plans to use the fresh capital to expand Agent Foundry, Graas' platform for building autonomous agents. The agents are designed to solve operational challenges such as customer acquisition costs, pricing, margin management, and inventory optimisation for commerce brands in India and Southeast Asia. Graas AI offers agents such as "Chattr", a customer support tool powered by natural language processing, and "Extract", a solution for data engineers to deliver cleaned data directly into databases or Google Sheets. The company claims that its multi-agent framework enables autonomous performance analysis and decision-making for both direct-to-consumer (D2C) and marketplace brands. Graas runs under its holding company Solv and was cofounded by Prem Bhatia and Ashwin Puri. The company said it supports over 2,000 brands, has processed more than $1 billion in gross merchandise value (GMV), and operates across seven countries in the Bhatia highlighted the startup's focus on actionable agents rather than traditional dashboards. 'Commerce doesn't need another AI copilot or prettier dashboard. It needs agents that actually 'run' the play. We've spent two years building the data backbone, and now with Agent Foundry, we're helping brands act on it,' he said in a statement.
