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Lumen Labs · Series A Announcement
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Bengaluru, India — March 14, 2026 — Lumen Labs, the Bengaluru-based AI infrastructure startup, today announced an $18 million Series A round led by Peak XV Partners with participation from Lightspeed India and existing investors. The capital will be used to expand the company's GPU-backed inference platform across APAC, hire 40 new engineers, and accelerate enterprise rollouts with three Fortune India 500 customers. "India is becoming the inference capital of the world," said Karan Bhatia, co-founder and CEO. "We're building the infrastructure layer that makes that real." Lumen Labs has grown 6× in the last twelve months and now serves over 200 enterprise customers across financial services, healthcare and consumer internet. — ends — About Lumen Labs Lumen Labs is building the AI inference cloud for enterprises in emerging markets. The company is headquartered in Bengaluru with offices in Singapore and Jakarta.
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