AGNIT Semiconductors - About the company
AGNIT Semiconductors is a seed company based in Bengaluru (India), founded in 2021 by Srinivasan Raghavan, Muralidharan Rangarajan, Hareesh Chandrasekar, Madhusudan Atre, Mayank Shrivastava, Shankar Kumar Selvaraja and Digbijoy Neelim Nath. It operates as a Developer of Gallium Nitride wafers, components, and modules for strategic and telecommunication sectors. AGNIT Semiconductors has raised $7.47M in funding from investors like Zephyr Peacock, 3one4 Capital and Shastra, with a current valuation of $*****. The company has 108 active competitors, including 23 funded and 14 that have exited. Its top competitors include companies like Diamond Foundry, Cambridge GaN Devices and SweGaN.
Company Details
Developer of Gallium Nitride wafers, components, and modules for strategic and telecommunication sectors. The company designs and develops semiconductor technology including devices, circuit design, and unique device processing to optimize power, efficiency, and bandwidth for wireless transmit and power conversion applications.
- Website
- www.agnitsemi.com/
- Email ID
- *****@agnitsemi.com
- Registered Address
- First Floor, No. 531, 8th Main Road 3rd Block, HMT Layout, Vidyaranyapura, Bangalore, Bangalore, Karnataka, India, 560097
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Seed
Total Funding
$7.47M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 09, 2026
Investors
Ranked
2nd among 108 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
33 as on May 01, 2026
Similar Companies
Legal entities associated with AGNIT Semiconductors
AGNIT Semiconductors is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AGNIT SEMICONDUCTORS PRIVATE LIMITED CIN: U31909KA2019PTC126674 , India, Active | Jul 30, 2019 | 0 - ₹10 Cr (As on Mar 31, 2025) | 33 (As on May 01, 2026) |
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AGNIT Semiconductors's funding and investors
AGNIT Semiconductors has raised a total funding of $7.47M over 4 rounds. Its first funding round was on Feb 12, 2021. Its latest funding round was a Seed round on Mar 16, 2026 for $*****. 3 investors participated in its latest round. AGNIT Semiconductors has 5 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of AGNIT Semiconductors:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 16, 2026 | 9857643 | Seed | 2130747 | 5208925 | 5761889 | 9737854 |
Sep 30, 2024 | 4826920 | Seed | 9322075 | 8542798 | 5809088 | |
Dec 02, 2023 | 4220040 | Grant (prize money) | 1632906 | 1848038 | 8885125 |
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AGNIT Semiconductors' founders and board of directors
Founder? Claim ProfileThe founders of AGNIT Semiconductors are Srinivasan Raghavan, Muralidharan Rangarajan, Hareesh Chandrasekar, Madhusudan Atre, Mayank Shrivastava, Shankar Kumar Selvaraja and Digbijoy Neelim Nath. Hareesh Chandrasekar is the CEO of AGNIT Semiconductors.
Here are the details of AGNIT Semiconductors' key team members:
- Srinivasan Raghavan: Co-Founder & Director of AGNIT Semiconductors. They serve on the boards of 2 companies.Contact Info: 1 email address
- Muralidharan Rangarajan: Former Co-Founder of AGNIT Semiconductors. They serve on the board of 1 company.Contact Info: 1 email address
- Hareesh Chandrasekar: Co-Founder & CEO of AGNIT Semiconductors. They serve on the board of 1 company.Contact Info: 1 email address
- Madhusudan Atre: Co-Founder & Director of AGNIT Semiconductors. They serve on the board of 1 company.
- Mayank Shrivastava: Co-Founder of AGNIT Semiconductors. Contact Info: 1 email address
AGNIT Semiconductors' Board of Directors
AGNIT Semiconductors's board has 6 active members. Srinivasan Raghavan, Muralidharan Rangarajan, Hareesh Chandrasekar and Madhusudan Atre are part of team and Aman Agrawal and Rangarajan Muralidharan are independent board members.Here is the list of AGNIT Semiconductors' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 2m | |
Team | - | Current | 7y 2m | |
Team | - | Current | 5y 9m | |
akfhjro | Team | - | Past | 1y 3m |
Independent board member | - | Current | 7y 1m | |
yqflehs | Independent board member | - | Current | 6y 5m |
View details of AGNIT Semiconductors's Founder profiles and Board Members
AGNIT Semiconductors' employee count trend
AGNIT Semiconductors has 33 employees as of May 26. The total employee count is 83.0% more than what it was in May 25. Here is AGNIT Semiconductors's employee count trend over the years:
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AGNIT Semiconductors's Competitors and alternates
Top competitors of AGNIT Semiconductors include Diamond Foundry, Cambridge GaN Devices and SweGaN. Here is the list of Top 10 competitors of AGNIT Semiconductors, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Diamond Foundry 2012, San Francisco (United States), Series D | Technology company that specializes in creating diamonds using sustainable and eco-friendly methods | $315M | 69/100 | |
2nd | AGNIT Semiconductors 2021, Bengaluru (India), Seed | Developer of Gallium Nitride wafers, components, and modules for strategic and telecommunication sectors | $7.47M | 65/100 | |
3rd |  Cambridge GaN Devices 2016, Taiwan, Series C | Developer of gallium nitride transistors and semiconductors for power electronics | $60M | 62/100 | |
4th | Manufacturer of custom-made epitaxial wafers | $41M | 57/100 | ||
5th | Wolfspeed 2015, Durham (United States), Public | Provider of radio frequency-based ICs | - | 57/100 | |
6th | HexaTech 2001, United States, Series B | Manufacturer of high-quality aluminum nitride substrates for semiconductor devices | $11.6M | 54/100 | |
7th | _1564738892757.png?devicePixelRatio=2&height=30&width=30){kind=logo} Hyperion 2018, Worthington (United States), Acquired | Manufacturer of metal cutting and drilling equipment | - | - | 51/100 |
8th | Porotech 2018, Cambridge (United Kingdom), Series A | Developer of GaN-based microLED displays | $25.4M | 50/100 | |
9th | _1522215246929.png?devicePixelRatio=2&height=30&width=30){kind=logo} Pallidus 2015, Houston (United States), Series B | Innovating silicon carbide wafer technology for next-generation power electronics applications | $94.6M | 49/100 | |
10th |  Axenic 2015, Sedgefield (United Kingdom), Seed | Developer of gallium arsenide based electro-optic modulator device | $673K | 49/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on AGNIT Semiconductors's competitors? Click here to see the top ones
AGNIT Semiconductors's Latest cap tables and shareholding
Founders own 24.26%, Funds (largest shareholder) own 39.96%, Angels own 11.09% and Other People own 6.11%. The net worth of AGNIT Semiconductors's founders is INR 44.3Cr as of Apr 09, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 24.26% | 44.3Cr | 1442993 | 9572302 | 5414422 | 4272342 |
6767278 | 4275922 | 6407694 | 6965584 | 5613835 | 9599358 | |
5 | 2 | 8 | 7 | 3 | 1 | |
3 | 7 | 2 | 5 | 8 | 7 | |
Fund | 39.96% | 73Cr | 6240120 | 4978180 | 4953862 | 6341122 |
3171672 | 4270024 | 7981868 | 8515640 | 6233890 | 7131882 | |
8644094 | 8007871 | 7396910 | 7323802 | 9693156 | 9998032 | |
258 | 599 | 173 | 105 | 181 | 426 | |
Angel | 11.09% | 20.3Cr | 5095839 | 3431248 | 4091519 | 2529346 |
3355052 | 4462405 | 8971663 | 7568835 | 8948679 | 5516934 | |
Other People | 6.11% | 11.2Cr | 966046 | 844135 | 487799 | 245759 |
ESOP Pool | 18.59% | 34Cr | 4546836 | 3923616 | 4417627 | 7912152 |
Total | 100.00% | 183Cr | 5355812 | 7798070 | 2034567 | 3759577 |
To unlock detailed Cap Table of AGNIT Semiconductors Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of AGNIT Semiconductors's Shareholding
AGNIT Semiconductors's Investments and acquisitions
AGNIT Semiconductors has made no investments or acquisitions yet.
Reports related to AGNIT Semiconductors
Here is the latest report on AGNIT Semiconductors's sector:
News related to AGNIT Semiconductors
Filter this listMedia has covered AGNIT Semiconductors for a total of 4 events in the last 1 year, 2 of them have been about company updates.
•
AGNIT Semiconductors Opens Advanced GaN Testing Lab at IISc BengaluruBusiness Line•Jun 09, 2026•AGNIT Semiconductors
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AGNIT Semiconductors Nets $2.6 Mn To Foray Into Telecom, Power ElectronicsInc42•Mar 16, 2026•AGNIT Semiconductors, Shastra, Zephyr Management, 3one4 Capital
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Agnit Semiconductors bags $3.5M in seed round co-led by 3one4 Capital and Zephyr PeacockYourStory•Oct 07, 2025•AGNIT Semiconductors, Zephyr Management, 3one4 Capital
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AGNIT Advances GaN Technology for Next-Gen RF & Microwave Systemseverything RF•Aug 13, 2025•AGNIT Semiconductors
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Semiconductor startups address talent shortage with local solutionsBISinfotech•Jun 23, 2025•Nvidia, Qualcomm, Intel, AGNIT Semiconductors and 1 other
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Indo-Pak war spurs call for FAME-like push to defence startups
Financial Express•Mar 22, 2025•ideaForge, AGNIT Semiconductors
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AGNIT wins IESA's 2025 Semiconductors Technovation Startup Award.Asian News International•Mar 07, 2025•AGNIT Semiconductors
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AGNIT Semiconductors raises $3.5mn in seed round marking first investmentBusiness Standard•Oct 17, 2024•AGNIT Semiconductors, 3one4 Capital, Zephyr Peacock, Zephyr Management and 1 other
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AGNIT Semiconductors, IISC | Conducting a tech symphonyIndia Today•Jan 19, 2024•AGNIT Semiconductors
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