India, March 24 -- Nuclear energy startup Pranos has raised $6.8 Mn (around Rs.63 Cr) in its fresh funding round co-led by pi Ventures and Ankur Capital, along with participation from Groww cofounder Lalit Keshre, the founders of Razorpay, and Bhukhanwala Industries.

The Bengaluru-based startup is planning to deploy the freshly raised capital to strengthen its R&D, with a major focus on developing high-temperature superconducting (HTS) magnets. 

The startup will also fuel the process of commissioning a Tokamak, with first delivery targeted for 2026. Additionally, it will deploy a chunk of the capital to expand its team and build its testing facilities. 

For context, a Tokanak is generally a reactor that uses powerful magnetic...