Zoho backs Netrasemi; SuperK snags $11.7m

Semiconductor startup Netrasemi Technologies has secured Rs 107 crore ($12.5 million) in a Series A round co-led by Zoho Corporation and existing investor Unicorn India Ventures. Separately, SuperK has raised Rs 100 crore ($11.7 million) in a Series B round led by Binny Bansal’s 3STATE Ventures and CaratLane founder Mithun Sacheti.

Netrasemi raises $12.5m

Semiconductor startup Netrasemi Technologies has secured Rs 107 crore ($12.5 million) in a Series A round co-led by Zoho Corporation and existing investor Unicorn India Ventures.

The company had earlier raised Rs 10 crore in a pre-Series A from Unicorn India Ventures and Rs 8.3 crore across prior seed rounds.

The fresh capital will support Netrasemi’s R&D efforts, bolster its manufacturing capabilities, and scale marketing and OEM-focused compute platform development.

Founded in 2020 by Jyothis Indirabhai, Sreejith Varma, and Deepa Geetha, the Kerala-headquartered firm designs system-on-chip (SoCs) for smart IoT devices, targeting high-performance computing needs such as video processing.

SuperK raises $11.7m

Value-focused retail chain SuperK has raised Rs 100 crore ($11.7 million) in a Series B round led by Binny Bansal’s 3STATE Ventures and CaratLane founder Mithun Sacheti.

Indian cricketer Shubman Gill also joined the round, alongside existing backers Blume Ventures and Xeed Ventures.

The Bengaluru-based startup plans to use the capital to strengthen its team across key functions—including marketing, category management, and store operations—as it eyes expansion into 300 additional small towns.

SuperK operates a branded, tech-enabled franchise model targeting underserved retail markets in India’s smaller cities and towns. With organised retail still capturing under 5% of the $600 billion grocery market—most of which is concentrated in non-metro regions—SuperK sees significant headroom for growth.

This round follows a $6 million Series A raised in March 2023, led by Blume Ventures.

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