AGNIT Semiconductors

Bengaluru, India Founded: 2019 • Age: 7 yrs
Manufacturer of gallium nitride (GaN) semiconductors for radio-frequency applications
Annual revenue $53,698 Latest available
Total funding $7.5M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

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 $7.47 million across 3 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
  • Sectors
    Chemicals & Materials
    Technology
  • Email
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  • Phone
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  • Website
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  • Legal Name Agnit Semiconductors Private Limited
  • Date of Incorporation 30 Jul, 2019
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Chemicals & Materials → Advanced & Functional Materials Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $53.7 K (USD)
    100.84
    as on Mar 31, 2023
  • Net Profit
    $21.05 K (USD)
    36.27
    as on Mar 31, 2023
  • EBITDA
    -$26.41 K (USD)
    -461.34
    as on Mar 31, 2023
  • Total Equity Funding
    $7.47 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.6 M (USD), Seed

    Mar 16, 2026

  • Investors
  • Employee Count
    Not available
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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.

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Category locked
Primary

Materials for manufacturing GaN electronic components in RF applications.

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Devices for defense and telecom wireless systems performance.

Funding Insights of AGNIT Semiconductors

AGNIT Semiconductors has successfully raised a total of $7.47M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.6 million completed in March 2026. 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.

Investors in AGNIT Semiconductors

AGNIT Semiconductors has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include 3one4 Capital, Zephyr Peacock and Lakshmi Narayanan.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital investments in technology sectors like SaaS and Fintech in India.
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Diversified asset management and private equity firm focused on small and medium sized enterprises
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Investor details for AGNIT Semiconductors

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Investments & Acquisitions by AGNIT Semiconductors

Investments
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Investment portfolio details for AGNIT Semiconductors

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Financial Statements - AGNIT Semiconductors

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Detailed financials for AGNIT Semiconductors

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Agnit Semiconductors Comparisons

AGNIT Semiconductors Primary company
Description
Manufacturer of gallium nitride (GaN) semiconductors for rad...
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
$53.7 K (USD)
Net Profit
$21.05 K (USD)
EBITDA
-$26.41 K (USD)
Employees
Not available
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Peer comparison for AGNIT Semiconductors

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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.

Company Name Domain Founded year HQ Location Description
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Photonic ICs and microsystems are designed and manufactured.
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Technology company that specializes in creating diamonds using sustainable and eco-friendly methods
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Semiconductor and system solutions are manufactured for diverse applications.
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GaN-based microLED displays for AR and wearables are developed.
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Provider of III-V compound semiconductor material
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Provider of Indium phosphide-based optical chips
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Detailed competitors of AGNIT Semiconductors

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Latest news on Agnit Semiconductors

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Complete news archive for AGNIT Semiconductors

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Frequently Asked Questions about AGNIT Semiconductors

AGNIT Semiconductors was founded in 2019 and raised its 1st funding round 2 years after it was founded.

AGNIT Semiconductors is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Hareesh Chandrasekar is the current CEO of AGNIT Semiconductors. They have also founded this company.

AGNIT Semiconductors is a funded company, having raised a total of $7.47M across 3 funding rounds to date.

Annual revenue of AGNIT Semiconductors is $53.7K as on Mar 31, 2023.

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.

AGNIT Semiconductors's top competitors include Diamond Foundry, Porotech and LioniX International.

AGNIT Semiconductors offers Gallium Nitride Wafers and GaN RF Devices.

AGNIT Semiconductors has 4 investors. Key investors include 3one4 Capital, Zephyr Peacock, Lakshmi Narayanan, and Shastra VC.

The valuation of AGNIT Semiconductors is $13.09M as of Sep 2024.

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