Company lists
The Mumbai edition · 2026

Semiconductorscompanies in Mumbai

Components, chip design & manufacturing, sensors, EMS & PCB, displays and more: the companies building semiconductors in Mumbai, Maharashtra, with their founders, funding, team size and business models.

149 company profiles52 with reported revenue6 with recorded fundingOctober 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent semiconductors business events in India

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…

Electrical
FundingSeries A

Morphing machines

Morphing Machines has secured approximately ₹420 million in fresh funding as part of its ongoing Series A round, taking the total raise to ₹800 million.

Investors Hero Enterprise Partner Ventures, Colossa Ventures, Navam Capital
Semiconductors
FundingSeries A

Morphing machines

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.

Investors Hero Enterprise Partner Ventures, Colossa Ventures, Navam Capital
Semiconductor
ContractTechnology

Avalon · client: LG Energy

Related Avalon and LG Energy sign MOU to boost Ont.’s lithium battery supply

Lithium battery supply
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
ContractSupply

Vinyas innovative technologies · client: HAL-Korwa

Vinyas Innovative Technologies has entered into a Long-Term Agreement (LTA) with HAL-Korwa for the supply of electronic systems.

Defence
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
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…

Semiconductor
ContractSupply

Advanced Rail Controls · client: Indian railways

Concord Control Systems Limited has secured an order worth Rupees 84.68 crore from Indian Railways through its subsidiary on March 26, 2026.

Railway
ContractInfrastructure

Polymatech electronics · client: Government of Chhattisgarh

Polymatech announced the execution of a 99-year lease deed for additional land in the SIPCOT Medical Devices Park,

Medical Devices Manufacturing
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
M&AAcquisition · Completed

Karkhana acquires Micron ems tech pvt ltd

Manufacturing startup Karkhana has completely acquired Micron EMS Tech Pvt Ltd, an electronics manufacturing company based in Bengaluru.

Electronics manufacturing
M&AAcquisition · Completed

Karkhana acquires Micron EMS Tech

B2B contract manufacturing startup Karkhana has acquired electronics manufacturing services (EMS) firm Micron EMS Tech for an undisclosed amount.

Electronics manufacturing services
Funding

Sfo technologies

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…

Investors Trident growth partners, Amicus Capital Partners, Anicut Continuum Equity Fund, HDFC AMC Select AIF FOF-1
Electronics Manufacturing Services
ContractTechnology

Bharat forge · client: Vvdn technologies

Bharat Forge and VVDN Technologies have signed an memorandum of understanding (MoU) to explore collaboration across automotive, defence, and data centre sectors.

Automotive, Defence, Data Centre
FundingSeries A

Vervesemi

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…

Investors Ashish Kacholia, Unicorn india ventures, Roots Ventures, Caperize Fina
Semiconductors
FundingPrivate equity

Mefron technologies

Ahmedabad-headquartered Mefron Technologies, an electronics design and manufacturing services (EMS) company, has raised its maiden private equity round for an undisclosed amount from…

Investors Motilal Oswal Principal Investments, India sme investments
Electronics manufacturing services
M&AAcquisition · Completed

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…

Electronic Manufacturing Services
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 · Announced

Milexia acquires Syratron Technologies

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…

Electronics
FundingSeed

Sensesemi Technologies Private Limited

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.

Investors Piper Serica, LetsVenture Angel Fund, Sun Icon Ventures, MyAsiaVC
Semiconductors
FundingSeries B

CoreEL Technologies

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…

Investors ValueQuest Scale Fund, 360 ONE Asset
Defense electronics / Aerospace
M&AMerger · Announced

Avalon acquires YOOV Group Holding Limited

This communication relates to the proposed merger (the “proposed Merger”) of Avalon and YOOV Group Holding Limited (“YOOV”).

Precision diagnostic consumer products
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
FundingQIP

Centum electronics

However, only one company in this list, Centum Electronics, has doubled from its QIP issue price, with returns of 101% so far.

Investors Na
FundingFunding round (unspecified)

CoreEL Technologies

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.

Investors Na
Defence electronics / Technology

Semiconductors companies in Mumbai, by revenue

Browse semiconductors companies in Mumbai 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 52 semiconductors companies in Mumbai, Maharashtra 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
18,834LinkedIn · Jul 2026
6 yr2020
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

Developer of memory chips. It designs and manufactures RAM and SSD chips for computing devices.

Digital ics
₹290.82 crFY 2024-25
+58%2024–2025
110LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Manufacturer and exporter of process instrumentation products, automation systems, and control panels

Industrial automation equipment
₹140.80 crFY 2024-25
+20%2024–2025
—Not available
13 yr2013
0none in 3 months

Provider of digital signage solutions

Display technology
₹128.43 crFY 2024-25
+5%2024–2025
258+48% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Develops temperature sensors and automation components

Auto components
₹98.19 crFY 2021-22
Not reported
394+8% 12 mo to Feb 2024LinkedIn · Jul 2026
46 yr1980
0none in 3 months

Provider of custom plastic extrusion and injection products

Electronic components
₹74.66 crFY 2021-22
Not reported
14LinkedIn · Jul 2026
38 yr1988
0none in 3 months

Provider of testing, and maintenance of electrical equipment services

Electricity transmission & distribution project developer
₹80.04 crFY 2024-25
-7%2024–2025
326LinkedIn · Jul 2026
38 yr1988
0none in 3 months

Provider of turnkey electronics and custom parts contract manufacturing services

Electronic manufacturing services
₹76.67 crFY 2024-25
+8%2024–2025
92+55% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jul 2026

Manufacturer of House Wires, Flexible Single/Multi Core Cables, Submersible Cables, and Co-axial Cables.

Manufacturing services
₹70.63 crFY 2023-24
-20%2023–2024
—Not available
13 yr2013
0none in 3 months

Provider of marketing and distribution services for electronic components from leading semiconductor manufacturers

Electronic manufacturing services
₹64.50 crFY 2022-23
Not reported
—Not available
23 yr2003
—No postings tracked

Manufacturer of key starting materials and advanced intermediates

Diversified chemicals
₹65.45 crFY 2024-25
-21%2024–2025
5+31% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

One of the largest manufacturers of conductors

Diversified semiconductors
₹46.93 crFY 2022-23
Not reported
—Not available
55 yr1971
—No postings tracked

Wholesaler and distributor of electronic components and semiconductors. This entity supplies a wide variety of products including integrated circuits, MOSFET transistors, voltage regulators, diodes, and LEDs. The business model focuses on sourcing these components from reliable vendors and offering them to clients at competitive prices. Their product portfolio caters to diverse applications within the electronics industry.

Electronic components
₹33.76 crFY 2024-25
-6%2024–2025
13LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Manufacturer of multi-layer printed circuit boards

Printed circuit boards
₹30.38 crFY 2024-25
+25%2024–2025
36LinkedIn · Oct 2026
37 yr1989
0none in 3 months

Provider of electronic manufacturing services

Electronic manufacturing services
₹28.95 crFY 2024-25
+37%2024–2025
—Not available
14 yr2012
0none in 3 months

Distributor of electronic components, offering a wide range of products including integrated circuits, electronic components, and mosfets

Electronic components
₹25.47 crFY 2021-22
Not reported
—Not available
36 yr1990
0none in 3 months

Distributor and stockist of electronic components

Electronic components
₹24.17 crFY 2021-22
Not reported
—Not available
22 yr2004
0none in 3 months

Manufacturer of specialty cables, including instrumentation, signal, data transmission, and fire survival cables

Electronic components
₹23.36 crFY 2022-23
Not reported
18+6% 12 mo to Sep 2024recorded Sep 2024
48 yr1978
—No postings tracked

Provider of PCB and electronics manufacturing services

Electronic manufacturing services
₹23.62 crFY 2024-25
Not reported
—Not available
32 yr1994
0none in 3 months

Manufacturer of multiple types of industrial lasers

Photonics
₹21.93 crFY 2024-25
+9%2024–2025
19+0% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Manufacturer of printed electronics

Printed electronics
₹18.89 crFY 2024-25
+11%2024–2025
48+25% 12 mo to Sep 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Manufacturer of proximity sensors and switches

Sensors
₹17.19 crFY 2023-24
+26%2023–2024
—Not available
40 yr1986
0none in 3 months

Provider of printed circuit board repair services

Printed circuit boards
₹8.35 crFY 2024-25
-2%2024–2025
64-41% 12 mo to Sep 2024LinkedIn · Jul 2026
34 yr1992
0none in 3 months · last posted Jun 2026

Provider of diverse display systems

Display technology
₹7.27 crFY 2024-25
+26%2024–2025
—Not available
5 yr2021
0none in 3 months
50 of 149 companies shown here · the full list is on Radar
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Explore all 149 semiconductors companies in Mumbai on Radar

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

Open semiconductors in Mumbai on Radar
  • Every company, not just 50All 149 semiconductors companies in Mumbai, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore semiconductors companies in Mumbai by what you are looking for

Browse semiconductors companies in Mumbai, from electronic component makers and sensor manufacturers to PCB and chip design firms. Find semiconductor companies in India's Mumbai region by what they make or the services they offer.

8 ways to explore semiconductors in Mumbai

Electronic components & semiconductor devicesSemiconductor design & manufacturing servicesSensor manufacturersElectronics manufacturing services & PCB makersDisplay & LED screen manufacturersTest equipment & photonics companies

Electronic components & semiconductor devices

Makers and distributors of electronic components, power semiconductors and diodes.

  1. Hind Rectifiers

    Power Semi-Conductors and power electronic equipment

    Electronic components
    See in list
  2. Abacus Peripherals

    Developer of memory chips. It designs and manufactures RAM and SSD chips for computing devices.

    Digital ics
    See in list
  3. Al-Aziz

    Provider of custom plastic extrusion and injection products

    Electronic components
    See in list
  4. Hemflex Cables

    Manufacturer of House Wires, Flexible Single/Multi Core Cables, Submersible Cables, and Co-axial Cables.

    Manufacturing services
    See in list
  5. Smita Conductors

    One of the largest manufacturers of conductors

    Diversified semiconductors
    See in list

Semiconductor design & manufacturing services

Companies offering chip design, VLSI, fabrication and packaging services.

  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. Hind Rectifiers

    Power Semi-Conductors and power electronic equipment

    Electronic components
    See in list
  3. J.P.Electronic Devices

    Provider of marketing and distribution services for electronic components from leading semiconductor manufacturers

    Electronic manufacturing services
    See in list
  4. Pradeep Sales & Service

    Provider of electronic manufacturing services

    Electronic manufacturing services
    See in list
  5. Vital Electronics & Manufacturing

    Provider of PCB and electronics manufacturing services

    Electronic manufacturing services
    See in list

Sensor manufacturers

Makers of temperature, proximity, gas and industrial process sensors.

  1. Radix Electrosystems Private Limited

    Manufacturer and exporter of process instrumentation products, automation systems, and control panels

    Industrial automation equipment
    See in list
  2. Accent Controls

    Manufacturer of proximity sensors and switches

    Sensors
    See in list
  3. Cool Guard

    Provider of cloud-based thermal sensors for cold chain logistics

    Sensors
    See in list
  4. Whirlybird

    Provider of technology products for sensors

    Sensors
    See in list
  5. ACD Machine Control Company

    Manufacturer of multi-purpose sensors

    Sensors
    See in list

Electronics manufacturing services & PCB makers

Contract electronics manufacturers and printed circuit board suppliers.

  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. Karkhana.io

    Provider of turnkey electronics and custom parts contract manufacturing services

    Electronic manufacturing services
    See in list
  3. Fine-Line Circuits

    Manufacturer of multi-layer printed circuit boards

    Printed circuit boards
    See in list
  4. Pradeep Sales & Service

    Provider of electronic manufacturing services

    Electronic manufacturing services
    See in list
  5. Vital Electronics & Manufacturing

    Provider of PCB and electronics manufacturing services

    Electronic manufacturing services
    See in list

Display & LED screen manufacturers

Companies making digital signage, LED, LCD and specialized displays.

  1. Xtreme Media

    Provider of digital signage solutions

    Display technology
    See in list
  2. Nevon Express

    Provider of diverse display systems

    Display technology
    See in list
  3. SuperUs Systems

    Manufacturer of E Ink electronic shelf labels and digital signage

    Display services
    See in list
  4. Beyondinfinite

    Provider of LCD modules, displays, and related components

    Display services
    See in list
  5. Signext Display Systems

    Developer of outdoor advertising displays

    Display technology
    Website
8 companies in Mumbai

Test equipment & photonics companies

Providers of electronic test equipment, lasers and optical components.

  1. SCOPE T&M

    Provider of testing, and maintenance of electrical equipment services

    Electricity transmission & distribution project developer
    See in list
  2. Coherent Laser India

    Manufacturer of multiple types of industrial lasers

    Photonics
    See in list
  3. FOSS

    Provider of fiber optic sensing systems for security and industrial applications

    Security & surveillance technology
    See in list
  4. Syncthreads

    Provider of artificial intelligence, photonics, embedded systems, and RF services

    Ai services
    See in list
  5. Photoquip India

    Photoquip India Ltd is engaged in the business of manufacturing Digital Studio Flash Lights and Photographic Accessories. The Company sells its products in the domestic as well as export markets. Company has one operating segment i.e. Digital Studio Flash-Lights and Photographic Accessories.

    Photonics
    Website
9 companies in Mumbai

Semiconductors startups in Mumbai

Newer semiconductors companies founded in the last few years.

  1. Numelo Technologies

    Provider of semiconductor manufacturing services

    Electronic manufacturing services
    See in list
  2. L&T Semiconductor Technologies

    Provider of semiconductor design and manufacturing services

    Semiconductor design and manufacturing services
    See in list
  3. SenseQube

    Developer of an IoT and AI-based smart irrigation and nutrition assistant

    Crop tech
    See in list
  4. MatterWave

    Developer of gallium nitride semiconductors for communication, sensing, and power applications

    Semiconductor design and manufacturing services
    Website
  5. Mumbaisemi

    Provider of integrated semiconductor solutions for various applications

    Semiconductor design and manufacturing services
    Website
17 companies in Mumbai

Listed semiconductors companies in Mumbai

Publicly listed semiconductors companies based in Mumbai.

  1. Hind Rectifiers

    Power Semi-Conductors and power electronic equipment

    Electronic components
    See in list
  2. Ruttonsha International Rectifier

    Manufacturer of power semiconductor devices

    Electronic components
    Website
  3. Fine-Line Circuits

    Manufacturer of multi-layer printed circuit boards

    Printed circuit boards
    See in list
  4. Mystic Electronics

    Manufactures and supplies computer hardware and other electronic products

    Electronic components
    See in list
  5. Oseaspre Consultants

    Supplier of electronic components

    Electronic components
    See in list
7 companies in Mumbai
Mobile reach

Top 4 semiconductors apps from Mumbai

The most-installed Android apps published by semiconductors companies headquartered in Mumbai — 6K installs between them. 4 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 4
1

SEEPZ Visitor

by SEEPZ

Installs5K
Rating—
Last updatedMar 2026
View on Google Play ↗
SEEPZ Visitor screenshot 1SEEPZ Visitor screenshot 2SEEPZ Visitor screenshot 3SEEPZ Visitor screenshot 4SEEPZ Visitor screenshot 5SEEPZ Visitor screenshot 6
2

TAMS Students

by Imbeddex

Installs478
Rating—
Last updatedJan 2026
View on Google Play ↗
TAMS Students screenshot 1TAMS Students screenshot 2TAMS Students screenshot 3TAMS Students screenshot 4
4

Asset_Finder

by SIWI

Installs5
Rating—
Last updatedMay 2026
View on Google Play ↗
Asset_Finder screenshot 1Asset_Finder screenshot 2Asset_Finder screenshot 3Asset_Finder screenshot 4Asset_Finder screenshot 5Asset_Finder screenshot 6
The business behind the activity

Semiconductors financials in Mumbai

Revenue, profit and growth from the filed annual accounts of 48 semiconductors companies in Mumbai, Maharashtra for FY24-25 — 55 of the 149 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 83% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹4,863.81 cr

48 companies filing accounts

combined net profit−₹1,065.38 cr

-21.9% aggregate margin

are profitable75%

36 of 48 companies

median revenue~₹6.2 cr

the typical company

median revenue growth+8%

into FY24-25

earned by the top five83%

revenue concentration

Six-year view

Combined revenue of filing companies

₹701.55 crFY19-2041 filers
₹682.36 crFY20-2141 filers
₹1,319.92 crFY21-2243 filers
₹1,890.38 crFY22-2345 filers
₹3,163.99 crFY23-2447 filers
₹4,863.81 crFY24-2548 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 42 companies over three years

+172%
FY22-23₹1,786.94 cr−₹492.41 cr net
FY23-24₹3,073.78 cr−₹943.56 cr net
FY24-25₹4,855.73 cr−₹903.89 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 cr1450% profitable
₹1–10 cr1486% profitable
₹10–100 cr1486% profitable
₹100–1,000 cr5100% profitable
Over ₹1,000 cr10% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking17
0–20%12
20–50%9
50–100%3
Doubled+3

44 companies with accounts for both years; median growth +8%.

Profitability

Profit is concentrated at the top

36profitable
12loss-making
-21.9%aggregate margin
1.2%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
Tata ElectronicsTATA ELECTRONICS PRIVATE LIMITED+111%₹2,787.36 cr
SEEPZSUNFLOWER JEWELLERY PRIVATE LIMITED₹163.72 cr
Abacus PeripheralsABACUS PERIPHERALS PRIVATE LIMITED+58%₹290.82 cr
Pradeep Sales & ServicePRADEEP SALES & SERVICE PRIVATE LIMITED+37%₹28.95 cr
J.P.Electronic DevicesJ.P.ELECTRONIC DEVICES (INDIA ) PRIVATE LIMITED+30%₹71.45 cr
Ruttonsha International RectifierRIR POWER ELECTRONICS LIMITED₹88.25 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Smita ConductorsSMITA CONDUCTORS PRIVATE LIMITED68.3%₹14.90 cr
Radix Electrosystems, Radix Electrosystems Private LimitedRADIX ELECTROSYSTEMS PVT LTD13.8%₹140.76 cr
Ruttonsha International RectifierRIR POWER ELECTRONICS LIMITED9.4%₹88.25 cr
Sustainable SciencesSUSTAINABLE SCIENCES PRIVATE LIMITED7.7%₹62.92 cr
Pradeep Sales & ServicePRADEEP SALES & SERVICE PRIVATE LIMITED6.7%₹28.95 cr
Hind RectifiersHIND RECTIFIERS LIMITED5.7%₹656.85 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Semiconductor design and manufacturing services5₹2,791.45 cr~₹78 lakh40%-41.6%
Electronic components10₹832.75 cr~₹12.9 cr90%5.6%
Electronic manufacturing services8₹348.97 cr~₹17.7 cr75%-0.5%
Sensors5₹60.63 cr~₹4.0 cr80%0.4%
Leaders

Largest semiconductors companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Tata ElectronicsTATA ELECTRONICS PRIVATE LIMITED₹2,787.36 cr−₹997.87 cr-35.8%+111%
Hind RectifiersHIND RECTIFIERS LIMITED₹656.85 cr₹37.27 cr5.7%+27%
Abacus PeripheralsABACUS PERIPHERALS PRIVATE LIMITED₹290.82 cr₹11.07 cr3.8%+58%
SEEPZSUNFLOWER JEWELLERY PRIVATE LIMITED₹163.72 cr
Radix Electrosystems, Radix Electrosystems Private LimitedRADIX ELECTROSYSTEMS PVT LTD₹140.76 cr₹19.36 cr13.8%+20%
Xtreme MediaXTREME MEDIA PRIVATE LIMITED₹128.56 cr₹1.35 cr1.1%+5%
Ruttonsha International RectifierRIR POWER ELECTRONICS LIMITED₹88.25 cr₹8.28 cr9.4%
SCOPE T&MSCOPE T&M PRIVATE LIMITED₹80.04 cr₹1.65 cr2.1%-7%
Karkhana.ioBENDABLE TECHNOLOGY SOLUTIONS PRIVATE LIMITED₹76.67 cr−₹8.34 cr-10.9%+8%
J.P.Electronic DevicesJ.P.ELECTRONIC DEVICES (INDIA ) PRIVATE LIMITED₹71.45 cr₹68.47 lakh1.0%+30%
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

Semiconductors Industry Landscape of India

The financials above are one chapter. The full semiconductors landscape of Mumbai 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 semiconductors landscape of Mumbai
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

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 Mumbai 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
Electronic manufacturing servicesUS$240.65m18 rounds · 8 companies
Manufacturing servicesUS$82.00m1 rounds · 1 companies
Embedded systemsUS$58.66m15 rounds · 6 companies
Analog and mixed signal icsUS$53.05m9 rounds · 5 companies
SensorsUS$26.88m13 rounds · 6 companies
Electronic design automation toolsUS$16.75m10 rounds · 4 companies
Corporate activity · last 24 months

M&A in India

42Acquisition
4Merger
1Buyout

Most active acquirers

  1. Dixon technologies7
  2. Kaynes technology6
  3. Avalon3
  4. Syrma sgs technology3
  5. Sasken3

Most acquired or merged

  1. Iskraemeco India3
  2. Siliconch systems2
  3. Smartsoc solutions2
  4. Ksolare2
  5. Tessolve2

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

Semiconductors funding in Mumbai

6 semiconductors companies in Mumbai have recorded equity funding, US$12.77m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Mumbai

Meet the people behind semiconductors companies in Mumbai. 48 of 149 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai semiconductors companies by sub-sector

The most common specialisations among semiconductors companies in Mumbai. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring semiconductors in India and nearby markets.

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