Vervesemi Microelectronics has secured 10 million (mn) dollars and about Rs900 million (900 mn) in a Series A round led by Ashish Kacholia and Unicorn India Ventures with participation from Roots Ventures, Caperize Fina and MAIQ Growth Scheme. The funding follows its approval as the first company under the Design Linked Incentive Scheme and support from the Chips to Startup programme. The company was founded in 2017 by industry veterans and develops chips for space, defence, industrial and smart energy applications. Vervesemi holds a portfolio of over 140 intellectual properties, 25 integrated circuit products, 10 granted patents and five trade secrets while working on data acquisition, motor control and energy metering chips. It has taped out multiple designs including a data acquisition avionic chip, a BLDC motor controller family using an indigenous RISC-V microprocessor and a precision motor control device for drones and electric vehicles. Manufacturing uses foundry nodes such as 55 nanometre, 110 nanometre and 180 nanometre processes. The DLI Scheme has approved 24 semiconductor design projects and granted access to centralised design tools at C-DAC Bengaluru to more than 400 organisations, including over 100 startups and 300 academic institutions, collectively utilising 22.5 million (22.5 mn) hours of tool usage. Structured support under the scheme is reported to have improved investor confidence and commercial viability for domestic design firms. Vervesemi will use the proceeds to accelerate commercialisation of machine learning-enhanced analogue signal chain chips, qualify silicon for production readiness and expand engineering and applications teams. The company also plans to broaden its intellectual property portfolio, pursue next generation precision analogue architectures and build market presence across Asia and the United States to engage original equipment manufacturers and system companies. Progress since ministerial award of a BLDC motor controller project in March 2025 is cited as evidence of the ecosystem moving from announcement to productisation. The DLI Scheme is intended to reduce import dependence, enhance supply chain resilience and support long term economic growth in strategic technology segments.