India
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Mindgrove Technologies Raises $8 Million for Chip Development and Expansion Mindgrove Technologies, a Chennai-based fabless semiconductor design startup has raised $8 million in its Series A funding round. The round was co-led by Rocketship.vc, Speciale Invest and additional participation from Mela Ventures, Peak XV Partners, Whiteboard Capital, Nishchay Goel and new investor Anshul Goel. This new funding will help the company to accelerate… |
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embedUR Systems Partners with Synaptics Inc for AI Solutions in India US-based embedUR Systems has teamed up with Synaptics Inc., a Nasdaq-listed semiconductor company, to offer affordable AI-powered edge solutions in India. This partnership aims to meet the growing demand for smart technologies in areas like smart homes, medical monitoring, manufacturing and driver assistance systems. With embedUR’s Chennai-based team and global semiconductor expertise of… |
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C-DOT Partners with Silizium Circuits to Develop LEO Satellite Components in India The Centre for Development of Telematics (C-DOT), India’s leading telecom research and development organization has partnered with semiconductor startup Silizium Circuits to advance the development of Low Earth Orbit (LEO) satellite components. This agreement, signed under the Telecom Technology Development Fund (TTDF) scheme focuses on creating indigenous… |
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India Started its Semiconductor Journey with SCL in 1984, even before TSMC was set up – What went Wrong? In 1984, India laid the foundation for its semiconductor dream by establishing Semiconductor Complex Limited (SCL) in Chandigarh. This bold move came three years before Taiwan’s TSMC, now a global leader in semiconductor manufacturing, was even founded. With strong engineering talent and a growing electronics market, India seemed poised to become a major player in… |
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SolarSquare Raises $40 Million to Drive Residential Solar Adoption in India SolarSquare, a Mumbai-based solar installation startup, has raised $40 million in a Series B funding round with Lightspeed Venture Partners leading the investment and additional support from Lightrock, Elevation Capital and other investors. Founded in 2015, SolarSquare specializes in residential solar installations and has already helped over 20,000 homes and 200… |
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Silicon Labs Partners with GITAM University to Set Up an IoT Innovation Centre Silicon Labs, a prominent semiconductor design and manufacturing company based in the USA has partnered with India’s Gandhi Institute of Technology and Management (GITAM) University to establish a Centre of Innovation in the Internet of Things (IoT). The lab will be equipped with advanced hardware and software tools, aiming to promote innovation in connected… |
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Magenta Mobility to Add 10,000 EVs in FY25 Expansion Across India Magenta Mobility plans to add 10,000 electric vehicles in FY25, including three and four-wheelers. The company currently has over 500 electric cargo four-wheelers and offers logistics services across routes like Rajasthan-Haryana-Delhi (180 km) and Mumbai-Pune-Mumbai (422 km). Magenta Mobility has announced its plan to add 10,000… |
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Suchi Semicon Inaugurates Semiconductor Plant in Gujarat with $100M Investment Plan in Next 3 Years Suchi Semicon, a Gujarat-based company, has officially inaugurated its semiconductor manufacturing plant, marking a significant milestone for India’s semiconductor industry. The company, founded by Ashok Mehta, has decided to commence production without waiting for central government incentives. It has announced an ambitious investment plan of $100 million (around ₹… |
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Tata Power Renewable Energy and Tivolt Electric Vehicles Sign MoU to Strengthen EV Charging Infrastructure Tata Power Renewable Energy Limited and Tivolt Electric Vehicles have signed a Memorandum of Understanding (MoU) to develop a strong charging infrastructure for commercial electric vehicles across India. This partnership combines Tata Power’s expertise in renewable energy and charging solutions with Tivolt’s expanding network of small electric commercial vehicles.… |
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Indian Army Develops Cost-Effective KHARGA Kamikaze Drone The Indian Army has developed the KHARGA Kamikaze Drone, a cost-effective and efficient aerial system designed to meet the needs of modern battlefield operations. Costing just Rs 30,000, the KHARGA drone is intended for Intelligence, Surveillance and Reconnaissance (ISR) tasks, as well as accurate kamikaze attacks. The drone’s simple design focuses on affordability… |
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Unicorn India Ventures Invests INR 10 Cr in Netrasemi Kerala-based semiconductor startup Netrasemi has successfully raised INR 10 crore in a pre-Series A funding round led by Unicorn India Ventures. Established in 2020 by Jyothis Indirabhai, Sreejith Varma and Deepa Geetha, the startup focuses on building advanced system-on-chip (SoC) solutions designed for the growing needs of Edge AI applications in smart Internet of… |
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India’s Dilemma of 6GHz band - Licensing VS De-Licensing The world of connectivity is in the middle of a crucial decision over a desired piece of the radio spectrum - the 6GHz frequency band. But what exactly is 6GHz and why is it sparking a heated debate in India? This article takes you through the significance of the 6GHz band, what’s at risk for India and why the nation is facing a dilemma over how it should be… |
