India, Feb. 17 -- Multi-agent GenAI-powered platform CraftifAI has raised $3 Mn (about Rs.27.2 Cr) in its seed funding round led by Ankur Capital, with participation from IvyCap Ventures, Capital-A, Antler, among others.

The startup plans to use the funds to scale its hiring in engineering and go-to-market teams and expand its footprint across global markets.

Founded in 2025 by former PhonePe executive Pratik Sharda and ex-Xilinx senior system design engineer Yashwant Dagar, CraftifAI is building CraftifAI Orbit - an agentic AI platform designed to automate embedded software development for Edge, IoT, and AI-powered devices.

For context, embedded software development is the process of writing software that runs on dedicated hardware de...