Semiconductor design and manufacturing servicescompanies in India
Electronics manufacturing, IoT & embedded, chip design, PCB, IT & AI services and more: the companies building semiconductor design and manufacturing services in India, with their founders, funding, team size and business models.
Recent semiconductor design and manufacturing services business events in India
Funding, M&A, contract wins and launches involving 452 semiconductor design and manufacturing services companies in India, last 24 months: 13 Contracts · 13 M&A deals · 5 funding rounds · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.
ContractSupply
Alfa transformers · client: TP Southern Odisha Distribution (TPSODL)
Alfa Transformers has secured contract worth around Rs 3.00 crore from TP Southern Odisha Distribution (TPSODL) on May 20, 2026. The contract involves supply of various capacity of…
Polymatech Electronics Limited (“Polymatech”) today announced the execution of a 99-year lease deed for additional land in the SIPCOT Medical Devices Park...
MosChip Technologies Limited has approved the acquisition of a 73% stake in Vayavya Labs Private Limited (VLPL) for a total consideration of ₹245.49 crore, the company said in an…
Quest Global, the world’s largest independent pure-play engineering services company, announced the acquisition of BITSILICA, an India-based semiconductor design services company.
Polymatech, India's leading semiconductor manufacturer; today announced the execution of a 99-year lease deed for additional land in the SIPCOT Medical Devices Park, located in the…
Polymatech Electronics Limited, India’s leading semiconductor manufacturer on Monday announced the execution of a 99-year lease deed for additional land in the SIPCOT Medical Devices Park
Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC), an investment management firm backed by the government of Tamil Nadu, has invested Rs 200 million in Chennai based fabless…
InvestorsTamil Nadu Infrastructure Fund Management Corporation
The Group’s digital arm, Digicomm Marketing Services LLP (DigiComm), has bagged the digital marketing mandate for Felix Plaza, ensuring integrated outreach across PR & communication and…
Entuple Technologies ’s $1.44 million raise from Varanium Capital Advisors Private Limited and Blue Ashva Capital may be modest in size, but it carries strategic significance.
Virtusa Corporation, an IT services company specialising in AI, cloud, and data analytics, has acquired Bengaluru-based SmartSoC Solutions, a leader in semiconductor engineering and…
Semiconductor engineering and integrated circuit (IC) design services
MosChip Technologies Limited has launched AgenticSky, an advanced suite of Agentic AI accelerators and solutions designed to help companies develop adaptive, intelligent, and autonomous…
Refex Renewables & Infrastructure Ltd has received a domestic order from Tiruchirappalli City Corporation, Tamil Nadu, for the establishment of a 100 TPD municipal solid waste-based…
Tessolve, a Hero Electronix venture and the largest independent semiconductor engineering services company globally today announced it has secured $150 million in funding from leading…
Mumbai: TPG Inc has emerged as the frontrunner to buy a significant minority stake in Tessolve , the semiconductor design and engineering company majority owned by Hero Electronix,…
As Hero Electronix look to sell 30% stake of its chip arm Tessolve, several PE companies express interest, eyeing growth in the expanding semiconductor sector.
On June 27, 2025, Hind Rectifiers Limited announced that it had received a domestic supply order worth approximately Rs. 101 crores from Indian Railways.
Sasken Technologies Limited (NSE: SASKEN, BSE: 532663), a leading global provider of product engineering and digital transformation services, announced that it has completed acquisition…
Micrologix Biotech Inc. raised $10.1 million (C$15 million) in a "bought deal" financing that will allow it to fund the Phase II trial of its lead compound, MBI 226, as well as other…
In an all cash deal, Sasken Communication Technologies Ltd., a pioneer in the telecom R&D and support space, has agreed to pay €35.5 million to acquire Finland based Botnia Hightech Oy,…
Micrologix has sealed another deal - this one worth up to C$42 million (US$31.5 million) with Strata Pharmaceuticals Inc. for development and marketing of the same product
In the works is Micrologix's buyout of MitoKor Inc., of San Diego, for about 5.5 million common shares. The transaction, disclosed in April, also would include the payment of 4 million…
Sanlayan Technologies, a fast-growing strategic electronics company in India, announced its acquisition of a majority stake in Dexcel Electronics Designs, a trusted and leading…
Electronics System Design and Manufacturing (ESDM)
EnerPure Inc. (“EnerPure” or the “Company”), is pleased to announce that it has, with the support of Ascent Engineering Inc. (“Ascent”) and Integrated Service Company LLC (“InServ”),…
Hero Electronix Pvt. Ltd. is planning to sell a 25% to 30% stake in Indian semiconductor designer Tessolve Semiconductor Pvt. Ltd. for between $120 million and $150 million, The Economic…
Tessolve today announced the signing of a definitive agreement to acquire 100 per cent of Dream Chip Technologies, a semiconductor chip design firm headquartered in Germany, for a…
SmartSoC Solutions has launched an AI-driven co-pilot ‘Hinton’ that offers enterprises intuitive, voice-guided tools for managing AI on edge devices.
AI co-pilot
Semiconductor design and manufacturing services companies in India, by revenue
Browse semiconductor design and manufacturing services companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 151 semiconductor design and manufacturing services companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.
Showing 25 of 50
Company & businessRevenueRevenue growthHeadcount & growthAgeJobs · last 3 months
Provider of electronics manufacturing and fabrication, offering precision electronic components to various industries
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of design solutions for the semi-conductor industry, specializing in welding, high purity, gas panels, control boxes, valving, pump stands, and controls
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Semiconductor product and services company with expertise in chip development process including RTL design, functional verification, GLS, FPGA emulation, and post-silicon
Every company, not just 50All 373 semiconductor design and manufacturing services companies in India, filterable by stage, funding, team size, revenue model and age.
Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
Save and exportBuild lists, compare companies side by side and export them from your Radar account.
Explore semiconductor design and manufacturing services companies in India by what you are looking for
Browse semiconductor design and manufacturing services companies in India, from chip design and VLSI firms to electronics manufacturing and PCB specialists. See semiconductor startups in India and listed companies alongside the top semiconductor manufacturing companies.
8 ways to explore semiconductor design and manufacturing services in India
Electronics manufacturing services companiesIoT & embedded systems design companiesChip design & VLSI companiesPCB design & fabrication companiesIT, AI & engineering services for semiconductorsListed semiconductor & electronics companies
Electronics manufacturing services companies
Contract manufacturers that build and assemble electronic products and components.
Tata Electronics
Provider of electronics manufacturing and fabrication, offering precision electronic components to various industries
Top 6 semiconductor design and manufacturing services apps from India
The most-installed Android apps published by semiconductor design and manufacturing services companies headquartered in India — 32K installs between them. 6 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
Semiconductor design and manufacturing services financials in India
Revenue, profit and growth from the filed annual accounts of 144 semiconductor design and manufacturing services companies in India for FY24-25 — 180 of the 373 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 78% of the revenue, so medians describe the typical company better than totals.
combined revenue, FY24-25₹7,965.54 cr
144 companies filing accounts
combined net profit−₹1,024.95 cr
-12.9% aggregate margin
are profitable67%
97 of 144 companies
median revenue~₹3.3 cr
the typical company
median revenue growth+17%
into FY24-25
earned by the top five78%
revenue concentration
Six-year view
Combined revenue of filing companies
₹1,247.42 crFY19-20103 filers
₹1,496.36 crFY20-21107 filers
₹2,083.91 crFY21-22123 filers
₹2,762.47 crFY22-23129 filers
₹5,324.08 crFY23-24141 filers
₹7,965.54 crFY24-25144 filers
The number of companies filing changes each year; the three-year cohort below compares like with like.
Like-for-like
The same 108 companies over three years
+203%
FY22-23₹2,426.58 cr−₹322.59 cr net
FY23-24₹4,668.98 cr−₹867.91 cr net
FY24-25₹7,363.73 cr−₹876.57 cr net
Companies with accounts for all three years, so growth is not an artefact of who filed.
Scale and profit
Bigger companies are far more often profitable
Under ₹1 cr4743% profitable
₹1–10 cr5175% profitable
₹10–100 cr3884% profitable
₹100–1,000 cr6100% profitable
Over ₹1,000 cr250% profitable
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
Momentum
How fast revenue moved into FY24-25
Shrinking45
0–20%22
20–50%16
50–100%17
Doubled+26
126 companies with accounts for both years; median growth +17%.
Profitability
Profit is concentrated at the top
97profitable
47loss-making
-12.9%aggregate margin
2.9%median margin
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.
Industry landscape report
Accounting and Tax Software Industry Landscape of India
The financials above are one chapter. The full semiconductor design and manufacturing services landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.
The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.
Capital & corporate activity
Semiconductor design and manufacturing services funding and M&A across India
41 recorded equity rounds have gone to 452 semiconductor design and manufacturing services companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.
equity rounds, last 12 months1
US$27k
equity rounds, last 24 months6
US$170.17m
raised over five yearsUS$295.31m
17 rounds in India
M&A deals, India13
last 24 months
Capital by year
Equity funding into semiconductor design and manufacturing services in India
amount rounds
$757k20182
$913k20191
$4.3m20202
$43m20213
$107k20221
$38m20235
$44m20242
$170m20255
$27k20261
Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$170.15m across 5 rounds.
The funding ladder · five years
Rounds and typical cheque by stage
AngelUS$134k3 rounds · median US$67k
SeedUS$11.51m4 rounds · median US$1.59m
Series AUS$6.01m1 rounds · median US$6.01m
Series BUS$17.72m3 rounds · median US$3.93m
Series CUS$69.93m4 rounds · median US$15.43m
Series D+US$40.00m1 rounds · median US$40.00m
Private equityUS$150.00m1 rounds · median US$150.00m
Where the money went · five years
Most-funded sub-sectors
Semiconductor design and manufacturing servicesUS$292.59m15 rounds · 8 companies
Semiconductor design and manufacturing services funding in India
9 semiconductor design and manufacturing services companies in India have recorded equity funding, US$39.47m in total. Totals and round dates describe the historical record; they are not current valuations.
Most funded
Largest recorded equity totals, with the latest recorded round.
It services
Provider of IT, product engineering and digital transformation services
Recorded equity fundingUS$26.00mSeries A · May 2005
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Founders and momentum in India
Meet the people behind semiconductor design and manufacturing services companies in India. 146 of 373 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Fastest revenue growth
Semiconductor design and manufacturing services companies in India with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
Semiconductor design and manufacturing services
Provider of electronics manufacturing and fabrication, offering precision electronic components to various industries
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Growing teams
Companies whose recorded headcount rose the most between the two most recent team-size snapshots. A larger team is a signal of momentum, not of profitability.
Semiconductor design and manufacturing services
IBI Chematur is a Joint venture with Chematur Engineering AB, Sweden offering various Technologies and Engineering Consultancy Services for last 4 decades.
Team size175Up from 87 in the previous snapshot
Founders
Details not available
Semiconductor design and manufacturing services
Provider of analog & digital design and engineering services
Team size126Up from 79 in the previous snapshot
Founders · 2
BR
Balasubramanyam RCo-Founder
SP
Suresh PatilCo-Founder & CEO
Semiconductor design and manufacturing services
Provider of turnkey and augmentation semiconductor design services
Dyuti Technologies - India is a company based out of #25/1, Lotus , 2nd Floor, Bull Temple Rd, above Fab India, Basavanagudi, Bengaluru, Karnataka 560004
Team size113Up from 77 in the previous snapshot
Founders
Details not available
Semiconductor design and manufacturing services
Provider of design services for semiconductor industry
Siliciom is born out by Experience & Energetic talents with a desire to provide end-to-end solutions to the semiconductor industry and producing high-quality first-pass silicon.
Team size32Up from 26 in the previous snapshot
Founders
Details not available
Semiconductor design and manufacturing services
Provider of semiconductor process equipment manufacturing services
Team size42Up from 35 in the previous snapshot
Founders
Details not available
Semiconductor design and manufacturing services
Orbit is a global provider of engineering design, process, and equipment technology services for the semiconductor and solar industries.
Team size177Up from 149 in the previous snapshot
Founders
Details not available
Semiconductor design and manufacturing services
Semiconductor design service provider
Team size1,096Up from 937 in the previous snapshot
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Women-founded
Semiconductor design and manufacturing services companies in India with at least one woman on the founding team. Expand a profile to meet the founders; teams can include both women and men.
Semiconductor design and manufacturing services
Provider of AI annotation, engineering design, and market research services.
Revenue₹59.45 crFY 2024-25
Founders · 2
VK
Venu Kallur in ↗Vice President & Co-Founder - Rempower / Rprocess
Provider of leading-edge semiconductor design services to the global semiconductor industry, committed to driving and enriching the semiconductor industry
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Explore India semiconductor design and manufacturing services companies by sub-sector
The most common specialisations among semiconductor design and manufacturing services companies in India. Open a company to see what it sells, who runs it and how far it has come.
Electronic manufacturing services · 18
18 semiconductor design and manufacturing services companies in India work in electronic manufacturing services. Shown: the best-documented.
Ai services
Provider of artificial intelligence, photonics, embedded systems, and RF services
Provider of electronics design, testing, and manufacturing services
Revenue₹44.40 lakhFY 2021-22
Founders
Details not available
Semiconductor design and manufacturing services
Provider of electronics manufacturing and fabrication, offering precision electronic components to various industries
Revenue₹66,600.60 crFY 2024-25
Founders
Details not available
Semiconductor design and manufacturing services
Provider of electronic manufacturing services and design prototyping. This entity offers electronic contract manufacturing (EMS) services, encompassing concept-to-design prototyping and surface mount technology (SMT) design. Contract manufacturing capabilities extend to various industries, including telecommunications, medical equipment, and automotive sectors. The company also supplies hard-to-find and obsolete electronic components. Services are supported by robust infrastructure for seamless production, testing, and delivery.
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