Chip design, components, EMS & PCB, sensors, embedded & IoT and more: the companies building semiconductors in India, 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: 53 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 India, by revenue
Browse semiconductors 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 748 semiconductors 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.
Distributor of electronic components and solutions. It provides a wide selection of semiconductors, interconnects, passives, and electromechanical components. The company offers distribution solutions, logistics support, and customer support to facilitate timely delivery and compliance. It serves various application segments, including industrial, automotive, consumer, IoT, railways, medical, aerospace, and defense. The business model focuses on enabling customers to bring products to market efficiently.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Distributor of electronic components and provider of electronic solutions. This company offers a broad portfolio of active and passive components, LEDs, and electromechanical parts. They also develop and supply electronic solutions for various sectors, including automotive, industrial, and IoT applications. Their offerings encompass systems such as advanced vehicle tracking, smart locks, and battery management systems. The company's expertise extends to motor control and solar charging solutions.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Distributor of industrial electronic components and related products. This company provides procurement and supply chain management services, sourcing electronic devices globally and delivering them within a short timeframe. They offer kitting services, warehousing, and logistics solutions to support customers' component needs. The company works closely with suppliers and customers to ensure timely delivery of genuine quality electronic components and products. Their services encompass a wide range of electronic components, including but not limited to, integrated circuits, connectors, passive
Every company, not just 50All 2,097 semiconductors 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 semiconductors companies in India by what you are looking for
Browse semiconductors companies in India, from semiconductor design and manufacturing companies to electronic component makers and PCB manufacturers. Find top semiconductor companies in India for chips, sensors, displays and embedded systems.
Manufacturers and suppliers of electronic parts and components.
Smetgroup
Distributor of electronic components and solutions. It provides a wide selection of semiconductors, interconnects, passives, and electromechanical components. The company offers distribution solutions, logistics support, and customer support to facilitate timely delivery and compliance. It serves various application segments, including industrial, automotive, consumer, IoT, railways, medical, aerospace, and defense. The business model focuses on enabling customers to bring products to market efficiently.
Distributor of electronic components and provider of electronic solutions. This company offers a broad portfolio of active and passive components, LEDs, and electromechanical parts. They also develop and supply electronic solutions for various sectors, including automotive, industrial, and IoT applications. Their offerings encompass systems such as advanced vehicle tracking, smart locks, and battery management systems. The company's expertise extends to motor control and solar charging solutions.
The most-installed Android apps published by semiconductors companies headquartered in India — 2.1M installs between them. 41 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
Revenue, profit and growth from the filed annual accounts of 699 semiconductors companies in India for FY24-25 — 821 of the 2,097 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 41% of the revenue, so medians describe the typical company better than totals.
combined revenue, FY24-25₹79,187.45 cr
699 companies filing accounts
combined net profit₹2,158.55 cr
2.7% aggregate margin
are profitable74%
514 of 699 companies
median revenue~₹6.3 cr
the typical company
median revenue growth+11%
into FY24-25
earned by the top five41%
revenue concentration
Six-year view
Combined revenue of filing companies
₹52,048.59 crFY19-20576 filers
₹27,723.09 crFY20-21616 filers
₹44,412.76 crFY21-22647 filers
₹53,578.10 crFY22-23677 filers
₹71,151.87 crFY23-24710 filers
₹79,187.45 crFY24-25699 filers
The number of companies filing changes each year; the three-year cohort below compares like with like.
Like-for-like
The same 605 companies over three years
+53%
FY22-23₹51,187.08 cr₹1,972.63 cr net
FY23-24₹68,477.14 cr₹1,495.04 cr net
FY24-25₹78,436.62 cr₹2,323.70 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 cr17340% profitable
₹1–10 cr22377% profitable
₹10–100 cr21589% profitable
₹100–1,000 cr7692% profitable
Over ₹1,000 cr1292% profitable
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
Momentum
How fast revenue moved into FY24-25
Shrinking233
0–20%162
20–50%112
50–100%71
Doubled+77
655 companies with accounts for both years; median growth +11%.
Profitability
Profit is concentrated at the top
514profitable
183loss-making
2.7%aggregate margin
2.3%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
Semiconductors Industry Landscape of India
The financials above are one chapter. The full semiconductors 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
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 India compares. Debt, IPO and grant rounds are excluded.
equity rounds, last 12 months23
US$194.62m
equity rounds, last 24 months59
US$580.73m
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
89 semiconductors companies in India have recorded equity funding, US$750.08m 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.
Electronic manufacturing services
Manufacturer of metal, plastic, and electronic precision parts
Recorded equity fundingUS$130.08mSeries D · May 2025
Founder · 1
MS
Muthu SivanFounder & Managing Director
Electronic manufacturing services
Provider of software, product engineering, and electronic manufacturing services & solutions
Recorded equity fundingUS$128.68mSeries D · Jun 2024
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 semiconductors companies in India. 725 of 2,097 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
Semiconductors 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
Expansion new facility at Sanand reflects commitment to capacity enhancement and expanding manufacturing footprint
From the company’s LinkedIn posts
Technology
jQuery
Detected on the company website
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.
Embedded systems
Network equipment, automation, and embedded computing solutions provider
Team size8,379Up from 120 in the previous snapshot
Developer of software facilitating data management and workflow automation solutions
Team size75Up from 37 in the previous snapshot
Founders
Details not available
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.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Women-founded
Semiconductors 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.
Scm software
Provider of blockchain solutions for supply chain transparency and efficiency
AT&S has become the technology leader in the PCB industry with Core businesses of Mobile Devices, Automotive, Industrial, Medical, Aviation, and Advanced Packaging.
News events · last 24 months25Across tracked business press
Distributor of industrial electronic components and related products. This company provides procurement and supply chain management services, sourcing electronic devices globally and delivering them within a short timeframe. They offer kitting services, warehousing, and logistics solutions to support customers' component needs. The company works closely with suppliers and customers to ensure timely delivery of genuine quality electronic components and products. Their services encompass a wide range of electronic components, including but not limited to, integrated circuits, connectors, passive
Manufacturer of elevator control and operating panels. It designs, manufactures, and supplies control and operating panels for elevators and industrial electronic products. The company also provides elevator monitoring systems and backup systems. Products include various types of touch screen and dot matrix operating panels, as well as integrated control panels. Technical support services are offered to customers and partners.
Manufacturer of power semiconductors and related devices. They produce diodes, thyristors, modules, and bridge rectifiers for various applications including alternators, generators, welding machines, and battery chargers. The company also manufactures other electrical and engineering goods. Their focus is on providing customized products with quick turnaround times and reasonable costs.
Provider of product lifecycle management services for automotive and security sectors. These services encompass design, manufacturing, fulfillment, and after-market support. The company partners with original equipment manufacturers (OEMs) to deliver quality engineering and rapid service turnaround. A focus on timely communication and program management underpins its customer relationships. The company offers solutions including application products and parts, and security systems.
Designer and manufacturer of rugged electronic systems and sub-systems. This company provides design consultancy, electronic design, electronic manufacturing, and system integration services. Their products include backplanes, embedded PCs, rugged laptops and tablets, radar computers, power supply units, panel PCs, rugged displays, cases, joysticks, single-board computers, HMIs, and vehicle monitors. They serve various sectors, including aerospace & defense, naval systems, energy, automation & robotics, medical automation, and railways. The company also offers chassis and enclosure and graphit
Services and solution provider in the semiconductor sub-domain, offering expertise in hardware modeling, virtual prototyping, and related IP development and training
We will reply with coverage, fields and pricing for your use case.
Radar members
Log in to see every figure
Filed revenue, profit and growth for every company on this page are available with a Radar account. Log in and you will come straight back here with all figures open.