Thiruvananthapuram, July 2025 — Kerala‑based semiconductor startup Netrasemi has secured ₹107 crore in a Series A round co-led by Zoho Corporation (₹87 Cr) and Unicorn India Ventures (₹20 Cr). The funding will accelerate R&D, manufacturing scale-up, marketing, and the launch of four advanced Edge‑AI chips.
A Leap Towards Smarter, On‑Device AI
Since 2020, founders Jyothis Indirabhai, Sreejith Varma, and Deepa Geetha have developed a lineup of energy-efficient SoCs including A2000 and R1000 capable of advanced video and AI analytics directly on IoT devices. Two of these chips are in the tape‑out stage on TSMC’s 12 nm node.
These chips equip surveillance cameras, industrial robotics, and smart‑infrastructure products with low-power, real-time AI reducing reliance on cloud connectivity and addressing privacy, latency, and data costs.
Proven Traction and Early Profits
With a 61‑member technical team, Netrasemi has already generated $0.75 million in revenue through chip design and porting services. It projects 150% revenue growth in FY25, with further scale expected in FY27 upon mass production.
Strategically located in Kerala and backed by the government’s semiconductor incentives (Design‑Linked Incentive, TTA), the company is carving a path in India’s nascent deep‑tech hardware sector.
Why Zoho & Unicorn India Are All‑In
Zoho co‑founder Sridhar Vembu and Unicorn India Ventures see Netrasemi as a rare Indian edge-AI semiconductor company with in‑house IP, strong execution, and real product-market fit. Their investment reflects growing confidence in India’s shift towards homegrown AI infrastructure.
What’s Next
Capital will be used to pilot four SoC variants, expand manufacturing, increase market engagement, and support global adoption across sectors like surveillance, robotics, and smart homes.
Strategic Insight:
Netrasemi marks a breakthrough in India’s semiconductor narrative combining deep engineering, commercial traction, and institutional backing. In the race to build India’s AI hardware stack, Netrasemi is emerging as a front-runner.
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