Agrani Labs funding: Agrani in talks to raise Rs 800-850 crore from Samsung, 360 One, Peak XV
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Bengaluru-based semiconductor startup Agrani Labs is in talks to raise Rs 800-850 crore from Samsung, 360 One, and Peak XV Partners.
- ✓The company also plans to apply for Rs 120-130 crore under the government-backed RDI scheme.
- ✓This significant capital injection could boost India’s growing footprint in the global semiconductor manufacturing sector.
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- Category
- BUSINESS
- Reported By
- Economic Times
- Reading Speed
- 1 Minute(s)
- Market Focus
- India Economy
The Bengaluru-based company is also looking to apply for around Rs 120-130 crore under the government-backed Research, Development and Innovation (RDI) scheme as part of the fundraise, the sources said.
Bengaluru: South Korean conglomerate Samsung, 360 One Asset Management, and existing backer Peak XV Partners are in talks to participate in the Rs 800-850 crore funding round of semiconductor startup Agrani Labs, people aware of the matter told ET.The Bengaluru-based company is also looking to apply for around Rs 120-130 crore under the government-backed Research, Development and Innovation (RDI) scheme as part of the fundraise, the sources
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