India, July 24 -- Semiconductor startup Netrasemi has secured INR 107 Cr (around $12.4 Mn) in a Series A funding round led by Zoho Corporation, with additional participation from Unicorn India Ventures.

Netrasemi spokesperson told Inc42 that Zoho Corporation pumped INR 87 Cr ($10 Mn) and Unicorn India Ventures infused the remaining INR 20 Cr ($2.5 Mn).

The startup plans to use the fresh capital to accelerate its research and development initiatives, expand manufacturing capabilities and ramp up marketing efforts.

Further, it plans to bring in four system-on-chip (SoC) variants with advanced AI and video analytics features into production and address compute platform requirements of original equipment manufactures (OEMs) for surveillanc...