News on Medial

Edgehax raises Rs 1.39 Cr in seed round from IPV

EntrackrEntrackr · 2m ago
Edgehax raises Rs 1.39 Cr in seed round from IPV
Medial

Edgehax, an Edge AI computing startup, has raised Rs 1.39 crore in seed funding from Inflection Point Ventures (IPV). The proceeds will be used to scale manufacturing, accelerate new product development, and expand into international markets including Singapore, the US, and Europe. Founded in 2025 by Prabhu Stavarmath and Savitri Patil, Edgehax builds modular edge hardware that combines compute, connectivity, and storage on a single board. Its platform enables startups, OEMs, and enterprises to develop hardware products faster without relying on overseas supply chains. Edgehax is already serving over 150 enterprises and has distributed developer kits to more than 100,000 students and faculty across 30 universities and IITs, contributing to India’s skilling ecosystem. The startup’s hardware is applied in industrial gateways, autonomous vehicles, humanoid robots, drones, defense systems, and 4G/5G connectivity. Its in-house DvarOS supports industrial edge gateways. Recently, Edgehax won the NXP Silicon Seeds Startup Program 2025 to build low-cost Edge AI compute modules for automotive and consumer IoT and also secured the MeitY Bhashini Startup Velocity 1.0 award. Edgehax competes with global players like NVIDIA Jetson, Qualcomm Robotics RB5, and Raspberry Pi.

Related News

The Artment raises Rs 10 Cr in pre-Series A round led by IPV

EntrackrEntrackr · 10d ago
The Artment raises Rs 10 Cr in pre-Series A round led by IPV
Medial

Snippets The Artment raises Rs 10 Cr in pre-Series A round led by IPV Home décor and lifestyle brand The Artment has raised Rs 10 crore in pre-Series A funding round led by Inflection Point Ventures. The round also witnessed participation from Siyaram Family Office, ESV, Capitar Ventures and others. IPV made its investment in this round through IPV International as well, utilizing the GIFT City route. The Gurugram-based company had previously raised $527K in a seed funding round from Harshit Poddar and others. The proceeds will be deployed over category expansion, investment in ‘Art Lab’ – a tech-platform to crunch data, launch products and towards channel expansion, The Artment said in a press release. Co-founded in 2019 by Aditya Agarwal and Aanchal Agarwal, The Artment offers a wide range of artistic home furnishings, including dining, lighting, and wall art, designed with various art movements in mind. The brand maintains a strong online presence through its website and major e-commerce platforms, and has expanded into offline luxury retail through a partnership with Taj Hotels. “At Artment, we invested early in building a strong data analytics infrastructure called Art Lab, which powers our ability to launch the right assortment efficiently and stay close to evolving consumer preferences,” said Aditya Agarwal, founder & CEO, The Artment. As per a market research, India’s home & living market, currently valued at $3.7 billion, is growing at a 15% CAGR, with 12% of sales occurring online. The Artment claims that it is EBITDA positive and is aiming to reach 100 crore ARR in the next six months. The brand has a repeat customer rate of 20%, showing trust and steady demand from the existing users. The Artment is backed by a deep supply chain network present in most key art and manufacturing clusters across India such as Moradabad, Khurja, Firozabad, and Jodhpur.

Download the medial app to read full posts, comements and news.