Sensors, EMS & PCB, components & distributors, chip & hardware design, displays & photonics and more: the companies building semiconductors in Ahmedabad, Gujarat, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 2,514 semiconductors companies in India, last 24 months: 52 Contracts · 47 M&A deals · 39 funding rounds · 8 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…
Semiconductor startup Morphing Machines raised $4.4 million to advance its reconfigurable processor technology, targeting high‑performance computing use cases.
Semiconductor startup Morphing Machines has raised about ₹42 Cr (about $4.4 Mn) as part of its Series A funding round to close the fundraise at ₹80 Cr.
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.
Semiconductor Design Services
M&AMerger · Completed
Larsen & Toubro Semiconductor Technologies Limited (LTSCT) acquires Siliconch systems
Larsen & Toubro (L&T) has announced the successful completion of the merger of its step-down subsidiary, SiliConch Systems Private Limited (SSPL), into L&T Semiconductor Technologies…
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
Kochi-headquartered electronics manufacturing services company SFO Technologies has raised approximately $82 million in a funding round led by growth-stage private equity fund Trident…
Bharat Forge and VVDN Technologies have signed an memorandum of understanding (MoU) to explore collaboration across automotive, defence, and data centre sectors.
Fabless Semiconductor startup Vervesemi has raised $10 million in a series A round led by ace market investor Ashish Kacholia and Unicorn India Ventures. The round also saw participation…
Ahmedabad-headquartered Mefron Technologies, an electronics design and manufacturing services (EMS) company, has raised its maiden private equity round for an undisclosed amount from…
Bcc fuba india acquires Iogems Technologies Private Limited
BCC Fuba India Limited has successfully completed the acquisition of a majority stake in Iogems Technologies Private Limited, marking a strategic expansion into the Electronic…
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…
Milexia has entered into a definitive agreement to acquire Syratron Technologies Private Ltd, an Indian distributor of electronic solutions, marking the company’s expansion beyond Europe…
Sensesemi Technologies Private Limited, a DLI-approved fabless semiconductor startup, has raised INR 25 crore (approximately USD 2.75 million) in a seed funding round led by Piper Serica.
InvestorsPiper Serica, LetsVenture Angel Fund, Sun Icon Ventures, MyAsiaVC
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.
Across the border in India, Bengaluru-based defence electronics firm CoreEL Technologies secured $30 million in a Series B round. Led by ValueQuest Scale Fund with participation from 360…
Defence electronics firm CoreEL Technologies has raised $30 million to strengthen its R&D capabilities, develop next-generation defence products, and expand its market presence.
InvestorsNa
Defence electronics / Technology
Semiconductors companies in Ahmedabad, by funding and team
Few semiconductors companies in Ahmedabad, Gujarat publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 76 active companies.
Showing 25 of 50
Company & businessRecorded fundingHeadcount & growthRevenue modelAgeJobs · last 3 months
Manufacturer of PCB layout, fabrication, stencil, assembly, and more
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.
Online store specializing in robotics and electronic supplies, offering a wide range of products including sensors, motors, modules, drone parts, 3D printers, and Arduino Raspberry Pi boards.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Company that provides embedded product design, PCB design, and embedded software development services to clients globally, with expertise in IoT, automotive, and industrial electronics
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of industrial automation components and drives. This entity produces temperature controllers, indicators, AC and DC drives, servo motors, relays, and programmable logic controllers. The manufacturing process adheres to industry standards, utilizing premium components and advanced technology. Products are known for precise design, ease of installation, and low maintenance requirements. The company also engages in trading, distribution, and export of these products.
Every company, not just 50All 76 semiconductors companies in Ahmedabad, 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.
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Explore semiconductors companies in Ahmedabad by what you are looking for
Find semiconductor companies in Ahmedabad, from sensor makers and PCB manufacturers to chip design houses. Browse semiconductor manufacturing companies, startups and firms that are hiring.
Company that provides embedded product design, PCB design, and embedded software development services to clients globally, with expertise in IoT, automotive, and industrial electronics
Online store specializing in robotics and electronic supplies, offering a wide range of products including sensors, motors, modules, drone parts, 3D printers, and Arduino Raspberry Pi boards.
Manufacturer of industrial automation components and drives. This entity produces temperature controllers, indicators, AC and DC drives, servo motors, relays, and programmable logic controllers. The manufacturing process adheres to industry standards, utilizing premium components and advanced technology. Products are known for precise design, ease of installation, and low maintenance requirements. The company also engages in trading, distribution, and export of these products.
Firms offering ASIC and VLSI design, embedded hardware and IoT engineering services.
Design Solutions
Provider of design solutions for the semi-conductor industry, specializing in welding, high purity, gas panels, control boxes, valving, pump stands, and controls
Revenue, profit and growth from the filed annual accounts of 11 semiconductors companies in Ahmedabad, Gujarat for FY24-25 — 13 of the 76 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 95% of the revenue, so medians describe the typical company better than totals.
combined revenue, FY24-25₹183.20 cr
11 companies filing accounts
combined net profit₹10.84 cr
5.9% aggregate margin
are profitable73%
8 of 11 companies
median revenue~₹2.6 cr
the typical company
median revenue growth+0%
into FY24-25
earned by the top five95%
revenue concentration
Six-year view
Combined revenue of filing companies
₹173.20 crFY19-209 filers
₹194.21 crFY20-219 filers
₹166.74 crFY21-228 filers
₹105.54 crFY22-239 filers
₹143.60 crFY23-2411 filers
₹183.20 crFY24-2511 filers
The number of companies filing changes each year; the three-year cohort below compares like with like.
Like-for-like
The same 8 companies over three years
+72%
FY22-23₹105.42 cr₹12.06 cr net
FY23-24₹141.75 cr₹11.69 cr net
FY24-25₹180.97 cr₹12.17 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 cr20% profitable
₹1–10 cr580% profitable
₹10–100 cr4100% profitable
₹100–1,000 cr0—
Over ₹1,000 cr0—
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
Momentum
How fast revenue moved into FY24-25
Shrinking5
0–20%2
20–50%0
50–100%1
Doubled+2
10 companies with accounts for both years; median growth +0%.
Profitability
Profit is concentrated at the top
8profitable
3loss-making
5.9%aggregate margin
1.5%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
Company
Growth
Revenue
MefronMEFRON TECHNOLOGIES (INDIA) PRIVATE LIMITED
+190%
₹79.27 cr
Glide TechnologyGLIDE TECHNOLOGY PRIVATE LIMITED
+5%
₹12.48 cr
Motif EngineersMOTIF ENGINEERS PRIVATE LIMITED
Power PalazzoPOWER PALAZZO PRIVATE LIMITED
-19%
₹36.29 cr
Profit leaders · ₹10 cr+ revenue
Highest net margins, FY24-25
Company
Margin
Revenue
Power PalazzoPOWER PALAZZO PRIVATE LIMITED
7.6%
₹36.29 cr
MefronMEFRON TECHNOLOGIES (INDIA) PRIVATE LIMITED
7.4%
₹79.27 cr
Motif EngineersMOTIF ENGINEERS PRIVATE LIMITED
Glide TechnologyGLIDE TECHNOLOGY PRIVATE LIMITED
5.8%
₹12.48 cr
Leaders
Largest semiconductors companies by revenue, FY24-25
Company · legal entity
Revenue
Net result
Margin
Growth
MefronMEFRON TECHNOLOGIES (INDIA) PRIVATE LIMITED
₹79.27 cr
₹5.90 cr
7.4%
+190%
Motif EngineersMOTIF ENGINEERS PRIVATE LIMITED
Power PalazzoPOWER PALAZZO PRIVATE LIMITED
₹36.29 cr
₹2.77 cr
7.6%
-19%
Glide TechnologyGLIDE TECHNOLOGY PRIVATE LIMITED
₹12.48 cr
₹72.45 lakh
5.8%
+5%
Nakalank Digital IndiaNAKALANK DIGITAL INDIA PRIVATE LIMITED
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
Semiconductors Industry Landscape of India
The financials above are one chapter. The full semiconductors landscape of Ahmedabad 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
Semiconductors funding and M&A across India
279 recorded equity rounds have gone to 2,514 semiconductors companies in India — how much, at which stage, into which sub-sectors, from whom, and how Ahmedabad compares. Debt, IPO and grant rounds are excluded.
equity rounds, last 12 months20
US$177.23m
equity rounds, last 24 months53
US$569.44m
raised over five yearsUS$848.77m
140 rounds in India
M&A deals, India47
last 24 months
Capital by year
Equity funding into semiconductors in India
amount rounds
$6.7m201813
$44m201914
$18m202017
$45m202115
$8.5m202216
$144m202325
$92m202435
$413m202531
$147m202618
Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$412.90m across 31 rounds.
The funding ladder · five years
Rounds and typical cheque by stage
AngelUS$7.88m21 rounds · median US$107k
SeedUS$97.87m83 rounds · median US$646k
Series AUS$119.04m18 rounds · median US$6.16m
Series BUS$47.72m4 rounds · median US$7.41m
Series CUS$69.93m5 rounds · median US$15.43m
Series D+US$274.33m7 rounds · median US$30.12m
Private equityUS$232.00m2 rounds · median US$116.00m
Where the money went · five years
Most-funded sub-sectors
Semiconductor design and manufacturing servicesUS$292.59m15 rounds · 8 companies
Meet the people behind semiconductors companies in Ahmedabad. 21 of 76 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Recently founded
Semiconductors companies in Ahmedabad founded in the last four years, newest first.
Sensors
Manufacturer of precision load cells and industrial weighing solutions
Founded2026Unfunded
Leadership · 1
AK
Ashish KumarCEO
Semiconductor manufacturing equipment
Developer of lithography and mask-making technologies for semiconductor manufacturing
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Electronic components · 9
9 semiconductors companies in Ahmedabad work in electronic components. Shown: the best-documented.
Electronic components
Developer of software for protein and antibody engineering and optimization
RevenueFY 2024-25
Founders
Details not available
Consumer electronics e-commerce
Online store specializing in robotics and electronic supplies, offering a wide range of products including sensors, motors, modules, drone parts, 3D printers, and Arduino Raspberry Pi boards.
Developer of control systems and related technologies for various applications
Revenue modelSubscription
Founders
Details not available
Electronic components
Manufacturer of industrial automation components and drives. This entity produces temperature controllers, indicators, AC and DC drives, servo motors, relays, and programmable logic controllers. The manufacturing process adheres to industry standards, utilizing premium components and advanced technology. Products are known for precise design, ease of installation, and low maintenance requirements. The company also engages in trading, distribution, and export of these products.
Revenue modelAdvertising / Commission on transaction
Founders
Details not available
Electronic components
Provider of standard series melt pressure sensors and transmitters for industrial applications
Revenue modelPhysical commerce
Founders
Details not available
Electronic components
Electronic Components Distributor & amp Dealer in Gujarat | ACTIVATO POWER ELECTRONICS PRIVATE LIMITED India
Manufacturer of ferrite coils and related electronic components. They produce a wide variety of transformers, including SMPS, pulse, and high-voltage transformers, as well as inductors, chokes, and EMI filters. These components are used in diverse applications across numerous industries, such as power supplies, lighting, automotive systems, and telecommunications equipment. The company offers customized products and has a dedicated research and development facility.
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