DLI-Backed Vervesemi Microelectronics Raises ₹90 Crore Series A Funding

Vervesemi Microelectronics

New Delhi: Vervesemi Microelectronics has raised $10 million (about ₹90 crore) in a Series A funding round, reinforcing India’s growing semiconductor design ecosystem under the Design Linked Incentive (DLI) Scheme.

The Series A funding round was led by Ashish Kacholia and Unicorn India Ventures, with participation from Roots Ventures, Caperize Fina, and MAIQ Growth Scheme.

The funding marks a major milestone for Vervesemi Microelectronics, which continues to expand its chip design capabilities for strategic and commercial applications.

Semiconductor chip design remains a critical value driver across the semiconductor value chain, defining system architecture, performance, functionality, and security.

It contributes up to half of the overall value addition in electronics manufacturing and accounts for 15–35% of the bill of materials (BOM) cost of electronic products.

With this investment, Vervesemi Microelectronics strengthens its position in India’s deep-tech semiconductor landscape.

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Under the Semicon India Programme, the Design Linked Incentive (DLI) Scheme has approved 24 semiconductor design projects from domestic startups and MSMEs.

These companies are developing chips for satellite communications, drones, surveillance cameras, IoT devices, LED drivers, AI systems, telecom equipment, and smart meters.

Through this ecosystem, Vervesemi Microelectronics has emerged as one of the early success stories.

More than 400 organisations, including over 100 startups and 300 academic institutions, have been granted access to advanced chip design tools hosted centrally at C-DAC Bengaluru, collectively logging 2.25 crore hours of tool usage, making it one of the largest semiconductor design user bases globally.

This infrastructure has supported companies such as Vervesemi Microelectronics in accelerating silicon design and validation.

Founded in 2017, Vervesemi Microelectronics was the first company approved under the Government of India’s DLI Scheme and also received support under the Chips to Startup Programme.

The company holds a strong portfolio of 140+ semiconductor IPs, 25 IC products, 10 granted patents, and 5 trade secrets, focusing on chips for space, defence, industrial, and smart energy applications.

Recent tape-outs include motor controller chips for BLDC fans, EVs, and drones, as well as data acquisition chips for avionics and space systems, demonstrating the commercial and strategic relevance of Vervesemi Microelectronics.

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The investment highlights growing investor confidence in DLI-supported semiconductor startups such as Vervesemi Microelectronics.

The funds will be deployed across three strategic priorities. First, Vervesemi Microelectronics will accelerate commercialisation of its machine-learning-enhanced analog signal chain chip portfolio, including advanced data converters and intelligent sensing and power solutions for industrial, smart energy, motor control, and avionics applications.

Second, the company will focus on production readiness and qualification of existing silicon, while expanding engineering and applications teams to serve global customers.

Third, Vervesemi Microelectronics will expand its IP portfolio and R&D in next-generation precision analog architectures, while strengthening its market presence across Asia and the United States.

Vervesemi Microelectronics: Commercial Viability of DLI-Supported Semiconductor Startups

India’s design-led semiconductor vision gained momentum when Ashwini Vaishnaw awarded the BLDC motor controller chip project to Vervesemi Microelectronics on March 20, 2025.

During the award ceremony, the Minister emphasised three national priorities: India’s transition from a service nation to a product nation, innovation driven by academia, startups, students, and researchers, and incremental development across the technology spectrum, from high-volume chips such as BLDC motor controllers to strategic platforms like RISC-V-based processors.

In less than a year since the announcement, Vervesemi Microelectronics has demonstrated strong progress through investment traction, chip tape-outs, silicon-proven designs, patents, reusable IP blocks, trained talent, and operational design infrastructure.

The company’s growth reflects the commercial viability of DLI-supported semiconductor startups and reinforces India’s ambition to build a globally competitive semiconductor design ecosystem.

As the ecosystem moves toward productization and volume manufacturing, Vervesemi Microelectronics is positioned to contribute to domestic supply-chain resilience, reduced import dependence, and technology self-reliance in strategic sectors including defence, telecom, AI, and mobility.

Some of the key chips designed by Vervesemi Microelectronics are:

#ChipFoundryApplicationStatusTargeted production schedule
1Data Acquisition avionic chip(Multi-function)55nm, UMCIdentified Space customerFabricated and undergoing customer evaluation2027-Q1
2BLDC Controller chipset90% indigenous BOM with Chip-1 (Using indigenous RISC-V Microprocessor) and Chip-2 (Quad Gate Driver chip with DC-DC) and Chip-3 (Power MOSFET)110nm, UMCFan, Exhaust, Solar, Power InverterController chip in Fabrication.Gate Driver-MOSFET chip Fabricated and undergoing customer evaluation2026 -Q4
3Precision Motor-Control chip using RISC-V Microprocessor55nm, UMCDrones, EV and industrial automationFabricated and undergoing testing2026 -Q3
4Energy metering chip180nm, TSMCEnergy meterFabricated and tested2026 -Q4
5Bridge Applications chip180nm, TSMCWeighing scale and Force Touch applicationFabricated and tested2026 -Q3

Author

  • Salil Urunkar

    Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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