Get All Access for $5/mo

Aarna.ml Raises USD 6.7 Mn in Series A Round Led by Exfinity Venture Partners This funding round follows Aarna.ml's previous raise of USD 5.5 million in October 2023, co-led by NVIDIA, LDV Partners, 3Lines, CARAT Venture Partners, and others.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

[L-R] Amar Kapadia & Sriram Rupanagunta, Co-founders of Aarna.ml

Aarna.ml, an open-source GPU-as-a-Service (GPUaaS) AI cloud software platform, has secured USD 1.25 million in its Series A funding round. The investment was led by Exfinity Venture Partners, a leading venture capital firm known for its deep-tech investments.

This funding round follows Aarna.ml's previous raise of USD 5.5 million in October 2023, co-led by NVIDIA, LDV Partners, 3Lines, CARAT Venture Partners, and others.

The proceeds will be used to extend its platform to the GPU reference architectures that include high-speed networks and storage.

Amar Kapadia, Co-founder and CEO of Aarna.ml, said, "Beyond the financial support, Exfinity's expertise in scaling deep-tech startups in cross-border settings will significantly aid our expansion. With Exfinity's backing, we are poised to extend our reach and enhance our impact in the industry."

Founded in 2018 by Amar Kapadia and Sriram Rupanagunta, Aarna.ml enables GPU-as-a-service providers and NVIDIA Cloud Partners (NCP) to offer hyperscaler-grade multi-tenant GPU instances with full isolation while leveraging a common underlying GPU pool.

The Bengaluru-based platform's client roster includes prominent names such as Tigo, LGE, Equinix, Keysight, CableLabs, and CapGemini Engineering.

Chinnu Senthilkumar, Managing Partner at Exfinity Ventures, stated, "Our investment in Aarna.ml underscores the immense potential and value of Aarna's innovative solutions in the AI Cloud sector. The collaboration aims to drive forward the adoption of multi-tenant GPU instances, ensuring robust and isolated environments for diverse AI workloads."

Sriram Rupanagunta, Co-founder and SVP of Engineering at Aarna.ml, added, "This investment will strengthen our commitment to delivering the most advanced GPU cloud management software in the market. We are eager to explore the new opportunities this partnership presents."
Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Most Popular

See all
Marketing

What America's No. 1 Beer Can Teach Entrepreneurs About Effective Marketing

Modelo upended Bud Light's 20-year reign as America's favorite beer. How they did it is a masterclass in marketing — let me explain.

By Joy Gendusa
By Amanda Breen
Entrepreneurs

Our Plan is to Become India's Next Samsung: Cellecor Gadgets MD

Ravi Agarwal, Managing Director of Cellecor, recently shed light on the company's stellar performance in the last fiscal year, their ambitious growth targets for the future, and how they plan to dominate India's tech landscape.

By Aditya Pran Mahanta
Franchise

Self-Service Kiosks Are Changing Fast Food — But Not Without Unexpected Consequences

Designed to streamline ordering, self-service kiosks have inadvertently increased the workload for kitchen staff by generating larger and more customized orders, particularly during peak hours.

By Carl Stoffers
Growing a Business

Treating Your Business Like a Temporary Endeavor Can Boost Your Entrepreneurial Success — Here's How

Here's the mindset shift you need to make to truly succeed as an entrepreneur.

By Majeed Javdani
Starting a Business

How Saying 'Yes' to Every Opportunity Helped My Startup Make $1 Million in the First Year

The conventional wisdom for entrepreneurs to say "no" to opportunities can be counterproductive early on. Embracing "yes" can lead to discovering your strengths, finding valuable collaborators and identifying your business niche — ultimately earning you the privilege to say "no" later.

By Rob Grazioli