Edgehax raises ₹1.39 cr in seed funding

Mumbai, Sep 03

Edgehax, an Edge AI hardware platform, has raised ₹1.39 crore in a seed funding round led by Inflection Point Ventures (IPV). The funds will be used to boost manufacturing, accelerate product development, and scale into international markets across Singapore, US and Europe. The milestone not only boosts India’s indigenous hardware ecosystem but also reflects the impact of the Next Generation Incubation Scheme (NGIS) by the Software Technology Parks of India (STPI).

Edgehax is among the beneficiaries of NGIS, STPI’s flagship initiative designed to nurture promising startups from Tier 2 and Tier 3 cities. By providing structured mentoring, market linkages, and funding support of up to ₹25 lakh, NGIS ensures that innovative ventures like Edgehax can scale globally while contributing to the government’s ‘Make in India’ and ‘Digital India’ missions. Edgehax has recently won NXP Silicon Seeds Startup Program 2025 to build an exclusive low-cost Edge AI compute module based on NXP chips for global automotive and consumer IoT applications and also secured the MeitY Bhashini Startup Velocity 1.0 program award to build hardware that enables mass-market adoption of the Digital India Bhashini Voice AI platform.

Speaking about the achievement, Arvind Kumar, Director General, STPI, said: “Edgehax’s success reinforces the mission of NGIS to empower startups from across India with the resources, mentorship, and funding needed to scale globally. By building a domestic Edge AI hardware platform, Edgehax is addressing a critical gap in India’s technology ecosystem, reducing reliance on imports and strengthening our ‘Make in India’ journey. At STPI, we are committed to ensuring that talent from Tier 2 and Tier 3 cities gets equal opportunities to innovate and compete on the world stage.”

Over the past three years, NGIS has supported more than 680 startups, of which about 138 have received direct financial assistance. These ventures span sectors such as healthcare, agritech, edtech, and Industry 4.0, generating high-skilled employment, attracting investors, and strengthening India’s innovation landscape. The scheme is operational across 12 STPI centres, including Bhubaneswar, Jaipur, Dehradun, and Guwahati, creating a truly inclusive startup ecosystem beyond the traditional metro hubs.

Founded in 2025 by Prabhu Stavarmath and Savitri Patil, Edgehax positions itself as a full-stack Edge AI hardware platform, integrating compute, connectivity, and storage on a single board. This enables startups, OEMs, and enterprises to bring hardware products to market faster, without depending on overseas supply chains. The company already serves over 150 startups, OEMs, and large enterprises who use its boards for rapid prototyping and scaling. Edgehax has also distributed developer kits to 100,000 students and faculty across 30 universities and IITs, contributing to India’s skilling ecosystem. With locally manufactured hardware, assured long-term supply, and on-ground technical support, the startup is helping reduce import dependency and strengthening India’s hardware innovation base.

Prabhu Stavarmath, CEO and Co-founder of Edgehax added, “At Edgehax, our goal is to become a global pioneer in Edge AI Gateways and Single Board Computers by delivering fully integrated hardware platforms with open-source firmware and scalable cloud software - enabling rapid product development for startups, enterprises, and OEMs worldwide. By 2029, Edgehax aims to empower over 100 million developers using its boards and tools across APAC, the US, and Europe.”

The infusion of seed capital will allow Edgehax to further scale manufacturing, accelerate product development, and expand into international markets across Singapore, the US, and Europe. Its trajectory highlights the role of STPI and NGIS in turning ideas into global products and demonstrates how a robust incubation ecosystem is crucial for India’s emergence as a trusted player in next-gen hardware solutions.

EoM