Company lists
The India edition · 2026

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.

373 company profiles151 with reported revenue9 with recorded fundingOctober 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

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…

Electrical
ContractInfrastructure

Polymatech electronics · client: SIPCOT

Polymatech Electronics Limited (“Polymatech”) today announced the execution of a 99-year lease deed for additional land in the SIPCOT Medical Devices Park...

Medical devices
M&AAcquisition · Announced

Moschip technologies limited acquires Vayavya labs

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…

Semiconductor, automotive communication, consumer electronics
M&AAcquisition · Announced

Quest global acquires Bitsilica

Quest Global, the world’s largest independent pure-play engineering services company, announced the acquisition of BITSILICA, an India-based semiconductor design services company.

Semiconductor Design Services
ContractInfrastructure

Polymatech electronics · client: Government of tamil nadu

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…

Medical devices manufacturing infrastructure
ContractInfrastructure

Government of Chhattisgarh · client: Polymatech electronics

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

Medical Devices Manufacturing
FundingSeed

Aheesa Digital Innovations Private Limited

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…

Investors Tamil Nadu Infrastructure Fund Management Corporation
Semiconductor
ContractService

Digicomm · client: Felix Plaza

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…

Real Estate
M&AAcquisition · Completed

Virtusa acquires Smartsoc solutions

Virtusa Corporation bought Bengaluru-based SmartSoC Solutions, a firm specialising in chip engineering and integrated circuit (IC) design services

Chip engineering and IC design
M&AAcquisition · Completed

Virtusa acquires Smartsoc solutions

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
LaunchAgenticSky

Moschip technologies limited

MosChip Technologies Limited has launched AgenticSky, an advanced suite of Agentic AI accelerators and solutions designed to help companies develop adaptive, intelligent, and autonomous…

AI accelerators and solutions
ContractInfrastructure

Refex Renewables & Infrastructure · client: Tiruchirappalli City Corporation, Tamil Nadu

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…

Infrastructure
Funding

Tessolve

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…

Investors Tpg growth
Semiconductor Engineering Services
M&AAcquisition · Pending

TPG Inc acquires Tessolve

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,…

Semiconductor design and engineering
M&AAcquisition · Announced

Advent International, TPG Growth, Apax Digital, Primerica, Kedaara Capital, ChrysCapital acquires Tessolve

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.

Semiconductor
ContractSupply

Hind rectifiers · client: Indian railways

On June 27, 2025, Hind Rectifiers Limited announced that it had received a domestic supply order worth approximately Rs. 101 crores from Indian Railways.

Railways
M&AAcquisition · Completed

Sasken acquires BORQS International Holding Corp

Sasken Technologies Limited (NSE: SASKEN, BSE: 532663), a leading global provider of product engineering and digital transformation services, announced that it has completed acquisition…

Embedded Software, Internet of Things
M&AAcquisition · Announced

Sasken communication technologies acquires Botnia Hightech

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,…

Wireless R&D and testing services
M&AAcquisition · Completed

Micrologix acquires Origenix Technologies Inc.

Micrologix acquired the assets of bankrupt Origenix for $320,000

ContractTechnology

Strata · client: Micrologix

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

Biotechnology
ContractTechnology

MitoKor · client: Micrologix

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…

Biotechnology
M&AAcquisition · Announced

Sanlayan Technologies acquires Dexcel electronics designs

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)
ContractService

Integrated Service · client: Enerpure

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”),…

Recycling
Funding

Peacock technology

Oxford Innovation Finance’s EIS Growth Fund and OION Angel Network have invested over £315,000 in Peacock Technology

Investors Oxford Innovation Finance’s EIS Growth Fund, OION Angel Network
M&ABuyout · Rumored

Na acquires Tessolve semiconductor

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…

M&AAcquisition · Announced

Tessolve acquires Dream chip technologies

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…

Semiconductor chip design
LaunchHinton

Smartsoc solutions

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

Provider of electronics manufacturing and fabrication, offering precision electronic components to various industries

Semiconductor design and manufacturing services
₹66,600.60 crFY 2024-25
+1652%2024–2025
20,234LinkedIn · Oct 2026
6 yr2020
0none in 3 months

Provider of electronic product creation

Electronic manufacturing services
₹1,902.93 crFY 2024-25
+73%2024–2025
744-72% 12 mo to Jan 2022LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Power Semi-Conductors and power electronic equipment

Electronic components
₹518.16 crFY 2023-24
Not reported
736-8% 12 mo to Sep 2024LinkedIn · Oct 2026
68 yr1958
0none in 3 months · last posted May 2026

Provider of IT, product engineering and digital transformation services

It services
₹507.79 crFY 2024-25
+6%2024–2025
3,949+1% 12 mo to Mar 2024LinkedIn · Oct 2026
37 yr1989
0none in 3 months · last posted Jun 2026

Semiconductor design service provider

Semiconductor design and manufacturing services
₹470.81 crFY 2024-25
+58%2024–2025
1,750-5% 12 mo to Jul 2024LinkedIn · Oct 2026
27 yr1999
1postings · last posted Aug 2026

Semiconductor design and embedded software development services

Digital transformation services
₹387.80 crFY 2024-25
+34%2024–2025
1,998+22% 12 mo to Sep 2024LinkedIn · Oct 2026
22 yr2004
0none in 3 months · last posted Jul 2026

Provider of IP solutions, specialising in the design, development, and fabrication of feature IP products with enhanced performance

Semiconductor design and manufacturing services
₹159.86 crFY 2023-24
Not reported
35+39% 12 mo to Aug 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of semiconductor design and manufacturing services

Semiconductor design and manufacturing services
₹111.85 crFY 2024-25
+31%2024–2025
453+27% 12 mo to Sep 2024recorded Sep 2024
9 yr2017
0none in 3 months

Provider of engineering simulation and electro-mechanical designing system services

Semiconductor design and manufacturing services
₹102.34 crFY 2024-25
+16%2024–2025
177+13% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Nov 2025

Provider of design services for semiconductor industry

Semiconductor design and manufacturing services
₹63.36 crFY 2024-25
+68%2024–2025
349+29% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Developer of semiconductor intellectual property blocks and advanced system in package

Semiconductor design and manufacturing services
₹60.10 crFY 2024-25
+13%2024–2025
—Not available
4 yr2022
0none in 3 months

Provider of AI annotation, engineering design, and market research services.

Semiconductor design and manufacturing services
₹59.45 crFY 2024-25
+10%2024–2025
1,238+19% 12 mo to Sep 2024LinkedIn · Oct 2026
16 yr2010
0none in 3 months · last posted May 2026

Semiconductor design and verification services provider

Semiconductor design and manufacturing services
₹57.55 crFY 2024-25
+69%2024–2025
286+45% 12 mo to Sep 2024LinkedIn · Oct 2026
18 yr2008
0none in 3 months · last posted Jul 2026

Developer of silicon IPs and solutions for high-performance computing applications

Electronic design automation tools
₹53.65 crFY 2023-24
+407%2023–2024
40+7% 12 mo to Mar 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of design solutions for the semi-conductor industry, specializing in welding, high purity, gas panels, control boxes, valving, pump stands, and controls

Semiconductor design and manufacturing services
£4.85mJul 2022
+22%2021–2022
10+43% 12 mo to Jul 2021recorded Jul 2021
30 yr1996
0none in 3 months

Provider of semiconductor design services for embedded and turnkey requirements

Semiconductor design and manufacturing services
₹52.01 crFY 2024-25
+7%2024–2025
268+6% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Manufacturer of electrical distribution products & power transformers

Semiconductor design and manufacturing services
₹50.78 crFY 2024-25
-1%2024–2025
21LinkedIn · Oct 2026
44 yr1982
0none in 3 months

Provider of system on modules and single board computers for industrial, medical, and automotive vertical markets

Semiconductor design and manufacturing services
₹46.40 crFY 2022-23
+32%2022–2023
—Not available
27 yr1999
0none in 3 months

Divserse IoT products

Internet of things infrastructure
₹44.94 crFY 2024-25
-4%2024–2025
349LinkedIn · Jul 2026
17 yr2009
2postings · last posted Sep 2026

Provider of technology consulting services and chip design services for semiconductor companies

Semiconductor design and manufacturing services
₹37.72 crFY 2024-25
Not reported
151+17% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Jun 2026

A provider of advanced services and solutions for semiconductor chip design, production and strategic planning

Semiconductor design and manufacturing services
₹30.24 crFY 2024-25
+37%2024–2025
142+144% 12 mo to Nov 2023LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Apr 2026

Provider of silicon, system, and software product engineering services

Electronic manufacturing services
₹29.28 crFY 2024-25
+186%2024–2025
150LinkedIn · Jul 2026
5 yr2021
1postings · last posted Aug 2026

Provider of customized IP and verification solutions for chip design

Semiconductor design and manufacturing services
₹29.21 crFY 2024-25
-12%2024–2025
298LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of product design,development and engineering services

Semiconductor design and manufacturing services
₹25.50 crFY 2023-24
Not reported
1LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Provider of end to end VLSI design solutions

Semiconductor design and manufacturing services
₹25.23 crFY 2024-25
+406%2024–2025
204LinkedIn · Jul 2026
3 yr2023
0none in 3 months · last posted Jun 2026
50 of 373 companies shown here · the full list is on Radar
Fliar Radar

Explore all 373 semiconductor design and manufacturing services companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open semiconductor design and manufacturing services in India on Radar
  • 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.

  1. Tata Electronics

    Provider of electronics manufacturing and fabrication, offering precision electronic components to various industries

    Semiconductor design and manufacturing services
    See in list
  2. Neolync

    Provider of electronic product creation

    Electronic manufacturing services
    See in list
  3. Hind Rectifiers

    Power Semi-Conductors and power electronic equipment

    Electronic components
    See in list
  4. Sasken

    Provider of IT, product engineering and digital transformation services

    It services
    See in list
  5. Moschip

    Semiconductor design service provider

    Semiconductor design and manufacturing services
    See in list

IoT & embedded systems design companies

Teams building IoT products, embedded hardware and firmware.

  1. Sasken

    Provider of IT, product engineering and digital transformation services

    It services
    See in list
  2. Mirafra Software Technologies

    Semiconductor design and embedded software development services

    Digital transformation services
    See in list
  3. VotaryTech

    Divserse IoT products

    Internet of things infrastructure
    See in list
  4. Brl Labs

    Provider of semiconductor design, system software, and Internet of Things services

    Iot services
    Website
  5. Auckam

    Provides PCBs designing services

    Semiconductor design and manufacturing services
    Website

Chip design & VLSI companies

Companies designing ASICs, SoCs, IP cores and analog or digital ICs.

  1. Pradhi Semi

    Developer of semiconductor intellectual property blocks and advanced system in package

    Semiconductor design and manufacturing services
    See in list
  2. Truechip

    Semiconductor design and verification services provider

    Semiconductor design and manufacturing services
    See in list
  3. AISemiCon

    Developer of silicon IPs and solutions for high-performance computing applications

    Electronic design automation tools
    See in list
  4. Monk9 Tech

    Provider of semiconductor design and manufacturing services

    Semiconductor design and manufacturing services
    See in list
  5. AIonSi

    Provider of ASIC, embedded, and application software engineering services

    Diversified semiconductors
    See in list

PCB design & fabrication companies

Printed circuit board design, prototyping and assembly services.

  1. CircuitSutra

    Provider of SystemC based ESL methodologies, IP, services, and training

    Semiconductor design and manufacturing services
    See in list
  2. INNOVIX SYSTEMS

    Offers PCB design, assembling and fabrication services

    Semiconductor design and manufacturing services
    Website
  3. Embizon Technologies

    Provider of electronic engineering and PCB analysis services

    Printed circuit boards
    Website
  4. Copper Tracks

    Provider of electronic components, PCB prototyping, and 3D designing services

    Printed circuit boards
    Website
  5. Indrainsignia

    Provider of embedded systems and radio frequency engineering design services

    Electronic manufacturing services
    Website

IT, AI & engineering services for semiconductors

Software, AI and product engineering firms serving the chip and electronics industry.

  1. Sasken

    Provider of IT, product engineering and digital transformation services

    It services
    See in list
  2. rProcess

    Provider of AI annotation, engineering design, and market research services.

    Semiconductor design and manufacturing services
    See in list
  3. AIonSi

    Provider of ASIC, embedded, and application software engineering services

    Diversified semiconductors
    See in list
  4. YantraVision

    Provider of AI-based application and system development services

    Security & surveillance technology
    Website
  5. Asiczen Technologies

    Provider of IoT products, embedded, design, and manufacturing engineering services

    It services
    Website

Listed semiconductor & electronics companies

Publicly listed semiconductor design and electronics manufacturing companies.

  1. Hind Rectifiers

    Power Semi-Conductors and power electronic equipment

    Electronic components
    See in list
  2. Sasken

    Provider of IT, product engineering and digital transformation services

    It services
    See in list
  3. Moschip

    Semiconductor design service provider

    Semiconductor design and manufacturing services
    See in list
  4. Alfa

    Manufacturer of electrical distribution products & power transformers

    Semiconductor design and manufacturing services
    See in list
  5. Refex Renewables & Infrastructure

    Refex Renewables & Infrastructure Ltd is focused on the manufacturing of silicon wafers for semiconductors in the electronics industry.

    Semiconductor design and manufacturing services
    Website
5 companies in India

Semiconductor design startups in India

Recently founded semiconductor design and manufacturing services startups.

  1. Pradhi Semi

    Developer of semiconductor intellectual property blocks and advanced system in package

    Semiconductor design and manufacturing services
    See in list
  2. AISemiCon

    Developer of silicon IPs and solutions for high-performance computing applications

    Electronic design automation tools
    See in list
  3. Proxelera

    Provider of silicon, system, and software product engineering services

    Electronic manufacturing services
    See in list
  4. 7Rays

    Provider of end to end VLSI design solutions

    Semiconductor design and manufacturing services
    See in list
  5. Drutaya

    Emerging fabless SoC and IP design specializing in RISC-V based ASIC design services

    Semiconductor design and manufacturing services
    See in list
95 companies in India

Semiconductor companies hiring in India

Semiconductor design and manufacturing services companies with open roles.

  1. Hind Rectifiers

    Power Semi-Conductors and power electronic equipment

    Electronic components
    See in list
  2. Sasken

    Provider of IT, product engineering and digital transformation services

    It services
    See in list
  3. Moschip

    Semiconductor design service provider

    Semiconductor design and manufacturing services
    See in list
  4. Mirafra Software Technologies

    Semiconductor design and embedded software development services

    Digital transformation services
    See in list
  5. Entuple

    Provider of engineering simulation and electro-mechanical designing system services

    Semiconductor design and manufacturing services
    See in list
32 companies in India
Mobile reach

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.

1 of 6
1

Jewellers Calculator

by Basikz

Installs19K
Rating—
Last updatedMay 2025
View on Google Play ↗
Jewellers Calculator screenshot 1Jewellers Calculator screenshot 2Jewellers Calculator screenshot 3Jewellers Calculator screenshot 4Jewellers Calculator screenshot 5Jewellers Calculator screenshot 6
The business behind the activity

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.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Sahasra Semiconductors, SahasraSAHASRA SEMICONDUCTORS PRIVATE LIMITED
VConnecTech SystemsVCONNECTECH SYSTEMS PRIVATE LIMITED+233%₹42.42 cr
SiMaxTechSIMAXTECH PRIVATE LIMITED
ProxeleraPROXELERA PRIVATE LIMITED+186%₹29.28 cr
Sykatiya TechnologiesSYKATIYA TECHNOLOGIES PRIVATE LIMITED
Tata ElectronicsTATA ELECTRONICS PRIVATE LIMITED+111%₹2,787.36 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
IESAINDIA ELECTRONICS & SEMICONDUCTOR ASSOCIATION
DeFT SemiconductorsDEFT SEMICONDUCTORS PRIVATE LIMITED
PramuraPRAMURA SOFTWARE PRIVATE LIMITED
Centaurs SemiconductorsCENTAURS SEMICONDUCTORS PRIVATE LIMITED
Modernize Chip SolutionsMODERNIZE CHIP SOLUTIONS PRIVATE LIMITED
SmartdvtechSMARTDV TECHNOLOGIES INDIA PRIVATE LIMITED12.2%₹29.21 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Semiconductor design and manufacturing services122₹4,431.55 cr~₹3.6 cr69%-25.2%
Electronic manufacturing services5₹1,936.63 cr~₹3.3 cr60%-0.0%
Leaders

Largest semiconductor design and manufacturing services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Tata ElectronicsTATA ELECTRONICS PRIVATE LIMITED₹2,787.36 cr−₹997.87 cr-35.8%+111%
NeolyncNEOLYNC ELECTRONICS PRIVATE LIMITED₹1,902.93 cr₹2.72 cr0.1%+73%
Hind RectifiersHIND RECTIFIERS LIMITED₹656.85 cr₹37.27 cr5.7%+27%
SaskenSASKEN TECHNOLOGIES LIMITED₹507.79 cr₹48.75 cr9.6%+21%
MoschipMoschip Technologies Limited₹391.31 cr₹29.22 cr7.5%+73%
Mirafra Software TechnologiesMIRAFRA SOFTWARE TECHNOLOGIES PRIVATE LIMITED₹350.28 cr₹5.09 cr1.5%+31%
LeadSOCLEADSOC TECHNOLOGIES PRIVATE LIMITED₹111.85 cr₹74.72 lakh0.7%+31%
EntupleENTUPLE TECHNOLOGIES PRIVATE LIMITED₹102.34 cr₹13.85 lakh0.1%+16%
Pradhi SemiPRADHI SEMICONDUCTOR PRIVATE LIMITED₹60.10 cr₹1.92 cr3.2%+13%
rProcessRPROCESS OUTSOURCING SERVICES PRIVATE LIMITED₹59.45 cr₹6.31 cr10.6%+10%
Some figures are available to Radar members.Log in to Radar to see every figure

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.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the semiconductor design and manufacturing services landscape of India
For investors and data teams

Put this intelligence into your own tools

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
Electronic manufacturing servicesUS$2.70m1 rounds · 1 companies
Ai servicesUS$27k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

12Acquisition
1Buyout

Most active acquirers

  1. Sasken3
  2. Virtusa2
  3. Moschip technologies limited1
  4. Quest global1
  5. TPG Inc1

Most acquired or merged

  1. Smartsoc solutions2
  2. Tessolve2
  3. Vayavya labs1
  4. Bitsilica1
  5. BORQS International Holding Corp1

Each deal appears in the events strip at the top of the page.

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.

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.

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.

Keep exploring semiconductor design and manufacturing services in India and nearby markets.

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