• Startup Pulse
    Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating.
  • Semicon India 2025 Showcases Chip Design Startups Driving Self-Reliance under DLI Scheme

    Semicon India 2025

    New Delhi: Day 2 of Semicon India 2025, held at Yashobhoomi in New Delhi, spotlighted India’s growing semiconductor ecosystem with startups unveiling groundbreaking indigenous chip design solutions.

    Prime Minister Narendra Modi, accompanied by Union Minister Ashwini Vaishnaw and Minister of State Jitin Prasada, toured the exhibition and underscored the critical role of startups in shaping India’s semiconductor ambitions and strengthening domestic intellectual property creation.

    DLI-Backed Startups at Semicon India 2025 Accelerate Chip Self-Reliance

    Startups supported by the Government of India’s Design Linked Incentive (DLI) Scheme showcased their innovations across broadband, surveillance, smart energy meters, motor control, and space applications.

    Also Read: India Deep Tech Investment Alliance to Drive Capital into Semiconductors, AI, and Space

    To date, 23 chip design projects have been sanctioned, while 72 companies have secured access to Electronic Design Automation (EDA) tools. These advancements reflect India’s steady progress toward becoming a full-stack semiconductor nation.

    Breakthrough RISC-V SoC Generator Platform Unveiled

    InCore Semiconductors, founded by the creators of the SHAKTI processors, introduced a RISC-V based System-on-Chip (SoC) Generator Platform at Semicon India 2025. This platform significantly reduces chip design cycles from months to minutes, lowers costs, and minimizes risks, marking a transformative leap in chip design automation.

    The platform’s test chip on TSMC’s 40nm process node integrates six heterogeneous RISC-V cores, a custom Network-on-Chip, multiple peripherals, and a full software stack, showcasing its robustness and scalability.

    Also Read: India Approves INR 4600 Crore Semiconductor Manufacturing Projects in Odisha, Punjab, Andhra Pradesh

    Indigenous SoC Roadmaps Across Critical Sectors

    • Networking & Broadband: Aheesa Digital Innovations will deliver its 64-bit C-DAC RISC-V based Vihaan SoC by Q1 2026, enabling OEMs and ODMs to build Made-in-India broadband solutions.
    • Surveillance & CCTV: Startups such as 3rdiTech, Netrasemi, BigEndian Semiconductors, and Mindgrove Technologies are developing SoCs for CCTV applications, collectively raising over ₹300 crore in VC funding.
    • Smart Energy Meters: MosChip Technologies is developing Vidyut, a fully indigenous smart energy meter chip, targeted for completion by 2026.
    • Motor Control: Vervesemi is advancing indigenous SoCs for EVs, drones, and space-grade ASICs, with volume production slated between 2026–27.
    • 4G-LTE Modem: MBit Wireless has indigenously developed and certified a 4G-LTE modem chipset, now undergoing field trials with leading telecom companies.

    India’s Semiconductor Vision at Semicon India 2025

    Under Prime Minister Modi’s leadership, India is transitioning from backend services to full-stack semiconductor design and manufacturing.

    The momentum showcased at Semicon India 2025 demonstrates how DLI-supported startups are advancing India’s vision of designing chips in India for the world, paving the way for reduced import dependence and stronger technological sovereignty.

    Shashwath T R, CEO of Mindgrove Technologies said, “PM Modi’s statement on the world trusting, believing and being ready to build the semiconductor future with India has highlighted the global confidence in India’s semiconductor capabilities. With deep talent, strong design skills, and clear policy support, India is bound to become a global chip leader. From design to packaging, we can build for the world, create high-quality jobs, and make supply chains stronger.

    As a part of the Indian semiconductor ecosystem, we are committed not just to achieve self-reliance, but to also be able to strengthen the global ecosystem with our innovations. Last year, when we launched India’s first indigenously designed commercial chip, we took our first step in proving that ‘India’s smallest innovations can drive the world’s biggest changes.’ At Mindgrove, we’re proud to be part of this collective journey toward making India a global leader in semiconductors.”

    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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