+
Chip Design Startups in India Attract Rs 3.8 Bn in Funding
Technology

Chip Design Startups in India Attract Rs 3.8 Bn in Funding

India’s semiconductor design ecosystem is gaining steady momentum, with startups supported by the Ministry of Electronics and IT’s (MeitY) Design Linked Incentive (DLI) Scheme and Chips to Startup (C2S) Programme now securing substantial venture capital (VC) funding.
One such firm, Netrasemi, which is developing chips for smart vision, CCTV systems, and Internet of Things (IoT) applications, has received Rs 1.07 billion in VC investment.
Union Minister for Electronics and IT, Shri Ashwini Vaishnaw, welcomed the investment, highlighting India’s strong design capabilities and noting that the success of Netrasemi would encourage more innovation under the India Semiconductor Mission.
Since the launch of the DLI Scheme in 2022, the government has committed Rs 2.34 billion towards chip design projects proposed by 22 companies, with a combined project cost of Rs 6.9 billion. These chips are intended for a wide range of uses including CCTV cameras, mobile networks, satellites, automobiles, and smart devices.
Collectively, these startups have raised more than Rs 3.8 billion in private funding. Five have already built and tested their chip designs in partnership with global semiconductor manufacturers. Over 72 companies have been granted access to advanced chip design software tools.
Other startups receiving VC backing include Mindgrove Technologies (Rs 850 million for CCTV chip design), and Fermionic Design (Rs 500 million for satellite communication chips). Firms such as Morphing Machines, InCore Semiconductors, and BigEndian Semiconductors are also progressing towards production stages.
The government aims to position India as a ‘product nation’ by supporting young companies to take bold strides in semiconductor design, with private investors increasingly stepping in to help scale and commercialise their innovations.

India’s semiconductor design ecosystem is gaining steady momentum, with startups supported by the Ministry of Electronics and IT’s (MeitY) Design Linked Incentive (DLI) Scheme and Chips to Startup (C2S) Programme now securing substantial venture capital (VC) funding.One such firm, Netrasemi, which is developing chips for smart vision, CCTV systems, and Internet of Things (IoT) applications, has received Rs 1.07 billion in VC investment.Union Minister for Electronics and IT, Shri Ashwini Vaishnaw, welcomed the investment, highlighting India’s strong design capabilities and noting that the success of Netrasemi would encourage more innovation under the India Semiconductor Mission.Since the launch of the DLI Scheme in 2022, the government has committed Rs 2.34 billion towards chip design projects proposed by 22 companies, with a combined project cost of Rs 6.9 billion. These chips are intended for a wide range of uses including CCTV cameras, mobile networks, satellites, automobiles, and smart devices.Collectively, these startups have raised more than Rs 3.8 billion in private funding. Five have already built and tested their chip designs in partnership with global semiconductor manufacturers. Over 72 companies have been granted access to advanced chip design software tools.Other startups receiving VC backing include Mindgrove Technologies (Rs 850 million for CCTV chip design), and Fermionic Design (Rs 500 million for satellite communication chips). Firms such as Morphing Machines, InCore Semiconductors, and BigEndian Semiconductors are also progressing towards production stages.The government aims to position India as a ‘product nation’ by supporting young companies to take bold strides in semiconductor design, with private investors increasingly stepping in to help scale and commercialise their innovations. 

Next Story
Infrastructure Transport

Cabinet Clears Rs 15.07 Bn Greenfield Airport Project in Kota-Bundi

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the Airports Authority of India’s (AAI) proposal for the development of a Greenfield Airport at Kota-Bundi, Rajasthan, at an estimated cost of Rs 15.07 billion.Kota, located on the banks of the Chambal River, is widely recognised as the industrial capital of Rajasthan and a prominent educational coaching hub. To support the region’s growing needs, the Government of Rajasthan has handed over 440.06 hectares of land to AAI for the project.The new Greenfield Airport will be designed to handle oper..

Next Story
Infrastructure Urban

Govt may extend MSME NPA classification period to 180 days

The Union government is considering a proposal to extend the non-performing asset (NPA) classification period for loans to micro, small and medium enterprises (MSMEs) from the existing 90 days to 180 days, according to a senior government official who requested anonymity.“The proposal to extend the loan default period for MSMEs from 90 days to 180 days is likely to be taken up by the Cabinet soon,” the official said.The move is expected to provide relief to cash-strapped MSMEs, especially against the backdrop of steep US tariffs, giving them more time to regularise their loan repayments.Ne..

Next Story
Infrastructure Urban

FedEx, IIT Madras Launch SMART Centre for Sustainable, AI-led Logistics

FedEx has partnered with the Indian Institute of Technology (IIT) Madras to inaugurate the SMART Centre (Supply Chain Modelling, Algorithms, Research and Technology Centre) on the institute’s campus. The facility will drive innovation in sustainable and AI-driven logistics solutions. Backed by a five-year $5 million grant from FedEx, the SMART Centre aims to combine advanced research, digital technologies, and industry expertise to transform supply chains with a focus on agility, resilience, and environmental responsibility.The centre will also spearhead interdisciplinary projects in ar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?