About AGNIT Semiconductors
AGNIT Semiconductors is a company based in Bengaluru (India) founded in 2019 by Hareesh Chandrasekar, Mayank Shrivastava, Shankar Kumar Selvaraja, Srinivasan Raghavan, Muralidharan Rangarajan, and Digbijoy Neelim Nath.. AGNIT Semiconductors has raised $4.87 million across 2 funding rounds from investors including 3one4 Capital, Zephyr Peacock and Lakshmi Narayanan. AGNIT Semiconductors offers products and services including Gallium Nitride Wafers and GaN RF Devices. AGNIT Semiconductors operates in a competitive market with competitors including LioniX International, Diamond Foundry, GaN Systems, Porotech and Comptek Solutions, among others.
- Headquarter Bengaluru, India
- Founders Hareesh Chandrasekar, Mayank Shrivastava, Shankar Kumar Selvaraja, Srinivasan Raghavan, Muralidharan Rangarajan, Digbijoy Neelim Nath
- Stage Minicorn
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Sectors
Chemicals & MaterialsTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Agnit Semiconductors Private Limited
- Date of Incorporation 30 Jul, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$53.7 K (USD)100.84as on Mar 31, 2023
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Net Profit
$21.05 K (USD)36.27as on Mar 31, 2023
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EBITDA
$-26.41 K (USD)-461.34as on Mar 31, 2023
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Total Equity Funding
$4.87 M (USD)
in 2 rounds
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Latest Funding Round
$3.5 M (USD), Seed
Sep 30, 2024
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Investors
3one4 Capital
& 2 more
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Employee Count
Employee Count
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Products & Services of AGNIT Semiconductors
AGNIT Semiconductors offers a comprehensive portfolio of products and services, including Gallium Nitride Wafers and GaN RF Devices. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Materials for manufacturing GaN electronic components in RF applications.
Devices for defense and telecom wireless systems performance.
Funding Insights of AGNIT Semiconductors
AGNIT Semiconductors has successfully raised a total of $4.87M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.5 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $3.5M
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First Round
First Round
(12 Feb 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Seed - AGNIT Semiconductors | Valuation | 3one4 Capital , Zephyr Peacock | |
| Feb, 2021 | Amount | Angel Round - AGNIT Semiconductors | Valuation | Lakshmi Narayanan |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AGNIT Semiconductors
AGNIT Semiconductors has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include 3one4 Capital, Zephyr Peacock and Lakshmi Narayanan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology sectors like SaaS and Fintech in India.
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Founded Year | Domain | Location | |
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Diversified asset management and private equity firm focused on small and medium sized enterprises
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Founded Year | Domain | Location | |
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LN
Lakshmi Narayanan |
Angel investor, ex-CEO of Cognizant, focused on tech and innovation
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AGNIT Semiconductors
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AGNIT Semiconductors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Agnit Semiconductors Comparisons
Competitors of AGNIT Semiconductors
AGNIT Semiconductors operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LioniX International, Diamond Foundry, GaN Systems, Porotech and Comptek Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Photonic ICs and microsystems are designed and manufactured.
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| domain | founded_year | HQ Location |
Technology company that specializes in creating diamonds using sustainable and eco-friendly methods
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| domain | founded_year | HQ Location |
Semiconductor and system solutions are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
GaN-based microLED displays for AR and wearables are developed.
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| domain | founded_year | HQ Location |
Provider of III-V compound semiconductor material
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| domain | founded_year | HQ Location |
Provider of Indium phosphide-based optical chips
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Agnit Semiconductors
Frequently Asked Questions about AGNIT Semiconductors
When was AGNIT Semiconductors founded?
AGNIT Semiconductors was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is AGNIT Semiconductors located?
AGNIT Semiconductors is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of AGNIT Semiconductors?
Hareesh Chandrasekar is the current CEO of AGNIT Semiconductors. They have also founded this company.
Is AGNIT Semiconductors a funded company?
AGNIT Semiconductors is a funded company, having raised a total of $4.87M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $1.37M, raised on Feb 12, 2021.
What is the annual revenue of AGNIT Semiconductors?
Annual revenue of AGNIT Semiconductors is $53.7K as on Mar 31, 2023.
What does AGNIT Semiconductors do?
AGNIT Semiconductors was established in 2019 in Bengaluru, India, as a manufacturer of gallium nitride (GaN) semiconductors targeted at radio-frequency uses. Operations involve the design and production of GaN materials, manufacturing processes, and electronic components, primarily for the defense and telecommunication industries. Research-driven technology is applied to create devices that support electronic subsystems and systems. Reliable, cost-effective solutions are offered to designers and manufacturers in these sectors.
Who are the top competitors of AGNIT Semiconductors?
AGNIT Semiconductors's top competitors include Diamond Foundry, Porotech and LioniX International.
What products or services does AGNIT Semiconductors offer?
AGNIT Semiconductors offers Gallium Nitride Wafers and GaN RF Devices.
Who are AGNIT Semiconductors's investors?
AGNIT Semiconductors has 3 investors. Key investors include 3one4 Capital, Zephyr Peacock, and Lakshmi Narayanan.
What is AGNIT Semiconductors's valuation?
The valuation of AGNIT Semiconductors is $13.09M as of Sep 2024.