Singapore-based Graas.ai raises $9 million in funding led by Tin Men Capital, others

Graas.ai, a Singapore-based data-for-commerce company, has raised more than $9 million in a Series B funding round led by Tin Men Capital, with participation from Incred Wealth, Orzon, and existing investors Integra Partners and Yuj Ventures.

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Founded in 2022 by Prem Bhatia and Ashwin Puri, the startup develops an “agentic” AI stack that replaces fragmented dashboards and manual workflows with autonomous software agents. These agents are designed to address rising customer acquisition costs, margin erosion, inventory mismanagement and pricing optimisation.

The startup claims to work with over 2,000 brands across seven countries in India and Southeast Asia, processing more than $1 billion in gross merchandise value.

Its core product, Agent Foundry, is a proprietary environment for building and refining AI agents. These agents analyse real-time performance across sales channels, SKUs, and advertising campaigns, and can take autonomous action for both direct-to-consumer and marketplace brands. Each agent is trained using domain-specific workflows, prompt chaining, and evaluation frameworks.

Graas.ai's current portfolio includes hoppr, an analyst for SKU, GMV, and campaign performance analysis; Cartlyst, a B2B order tool that converts unstructured inputs such as handwritten notes, voice messages, and WhatsApp orders into structured orders using optical recognition; Chattr, a natural-language customer support agent aimed at sales conversion; Turbo, a unified dashboard for sales, advertising, inventory, and operations data; and Extract, a data-cleaning utility that outputs structured information to databases or Google Sheets.

“Commerce doesn’t need another AI copilot or prettier dashboard. It needs agents that actually ‘run’ the play,” Bhatia said. “We’ve spent two years building the data backbone, and now with Agent Foundry, we’re helping brands act on it.”

Murli Ravi, managing partner at Tin Men Capital, said the shift to sustainable growth in retail favored Graas.ai’s approach. “They’ve built the data infrastructure and understand the context engineering required to build enterprise-grade agents for retailers,” he said.

Graas.ai last raised $40 million in its Series A funding round, which funded the acquisitions of Shoptimize and SELLinALL and supported expansion in Southeast Asia.