Chip Design Startups in India Attract Rs 3.8 Bn in Funding

26 Jul 2025 CW Team

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.

Infrastructure Urban

15 Sep 2025

Adani Road to Acquire D P Jain TOT Toll Roads for Rs 13.42B

Adani Road Transport Limited (ARTL), a wholly owned subsidiary of Adani Enterprises, has executed a Share Purchase Agreement (SPA) on 11 September 2025 to acquire a 100 per cent stake in D P Jain TOT Toll Roads Private Limited (DPJTOT). The acquisition, valued at an enterprise value not exceeding Rs 13.42 billion, is subject to regulatory approvals and customary conditions.Under the agreement, ARTL will acquire the stake from D P Jain TOT Toll Roads Pvt. Ltd (DPJTOT), D P Jain & Co Infrastructure Pvt. Ltd., and DPJ-DRA Tollways Pvt. Ltd.The transaction details have been disclosed pursuant ..

All-Women Team Commissions 100-Tonne Dump Truck at Tata Steel

In a record-setting development in India’s mining and construction equipment sector, an all-women team from Larsen & Toubro’s Construction & Mining Machinery business (L&T CMB) has commissioned a 100-tonne dump truck at Tata Steel’s Noamundi iron ore mine in Jharkhand.This marks the first instance in India where a machine of such scale and complexity has been assembled, tested and commissioned entirely by women technicians. The milestone reflects L&T’s commitment to fostering gender inclusivity and empowering women in traditionally male-dominated industries.The Komatsu ..

Kochi Metro Pauses Work for Rs 50 Million Pipeline Shift

Kochi Metro Rail Limited (KMRL) will pause its piling works in the Padamugal and Vazhakkala regions for ten days to allow the Kerala Water Authority (KWA) to complete its pipeline relocation work.The decision follows frequent pipe bursts in the area and disruptions to water supply in Thrikkakara municipality.During this period, the KWA will carry out pipeline relocation from Kunnumpuram to Kumaranasan Road. KMRL will resume piling work only after the pipeline has been relocated and tested.The decision was made during a meeting between KMRL and KWA to address the recurring pipe burst issues in ..