When was Pegasus Semiconductor founded?

Pegasus Semiconductor was founded in 2004 and raised its 1st funding round 5 years after it was founded.

Where is Pegasus Semiconductor located?

Pegasus Semiconductor is headquartered in Ahmedabad, India. It is registered at 10, SUMERU BUNGLOWS, NR. SARTHI HOTEL, VASTRAPUR, AHMEDABAD, Gujarat, India, 380054.

Which legal entities is Pegasus Semiconductor associated with?

Pegasus Semiconductor is associated with PEGASUS SEMICONDUCTOR LIMITED.

Is Pegasus Semiconductor a funded company?

Pegasus Semiconductor is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 05, 2009.

How much is Pegasus Semiconductor worth?

The latest valuation of Pegasus Semiconductor is ₹***** as of Aug 28, 2012.

When was the latest funding round of Pegasus Semiconductor?

Pegasus Semiconductor's latest funding was a $***** Seed round on Jan 05, 2009, with participation from 1 investor.

What is the annual revenue of Pegasus Semiconductor?

Annual revenue of Pegasus Semiconductor is ₹59L as on Mar 31, 2025.

Where does Pegasus Semiconductor rank among its competitors?

Pegasus Semiconductor ranks 10th amongst 690 active competitors, of which 11 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was UpEnergy, which secured $1.16M in Nov, 2025.

Who are the top competitors of Pegasus Semiconductor?

Pegasus Semiconductor's top competitors include GRE Renew Enertech, UpEnergy and Boond. Among them, UpEnergy secured the most recent funding round in November, 2025.

Pegasus Semiconductor - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Pegasus Semiconductor is involved in developing energy efficient lighting solutions using LED and solar technology. Company is building a range of affordable LED based lighting products by using amorphous silicon solar panels to power these LEDs. Company's product can be used for home lighting, street lighting etc. Company also designs and installs solar power packs for industries.

Website: pegasus-semiconductor.com
Registered Address: 10, SUMERU BUNGLOWS, NR. SARTHI HOTEL, VASTRAPUR, AHMEDABAD, Gujarat, India, 380054

Key Metrics

Founded Year

2004

Location

Ahmedabad, India

Stage

Seed

Total Funding

$147K in 1 round

Latest Funding Round

Seed, Jan 05, 2009, $*****

Post Money Valuation

₹***** as on Aug 28, 2012

Investors

Gujarat Venture Finance & 3 more

Ranked

10^th among 690 active competitors

Annual Revenue

₹59L as on Mar 31, 2025

Similar Companies

GRE Renew Enertech & 488 more

View Pegasus Semiconductor's full profile

Pegasus Semiconductor is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PEGASUS SEMICONDUCTOR LIMITED CIN: U32105GJ2004PLC044611 , India, Active	Aug 17, 2004	$69.8K (As on Mar 31, 2025)	-

Pegasus Semiconductor has raised a total funding of $147K over 1 round. Its latest funding round was a Seed round on Jan 05, 2009 for $*****. 1 investor participated in its latest round. Pegasus Semiconductor has 1 institutional investor and 3 angel investors.

Here is the list of recent funding rounds of Pegasus Semiconductor:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 05, 2009	9955027	Seed	6174479	7336475	9121903	7364532

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View details of Pegasus Semiconductor's funding rounds and investors

The founders of Pegasus Semiconductor is Sudhindra Tatti.

Here are the details of Pegasus Semiconductor's key team members:

Sudhindra Tatti: Founder & MD of Pegasus Semiconductor. They are also an angel investor in 1 startup and serve on the board of 1 company.

Pegasus Semiconductor's Board of Directors

Pegasus Semiconductor's board has 3 active members. Sudhindra Tatti is part of team and Ravi Iyer and Meenakshi Tatti are independent board members.

Here is the list of Pegasus Semiconductor's board of directors:

Name	Type	Representing	Status	Duration
Sudhindra Tatti	Team	-	Current	21y 6m
Ravi Iyer	Independent board member	-	Current	7y 10m
pslqfad	Independent board member	-	Current	2y 6m

View details of Pegasus Semiconductor's Founder profiles and Board Members

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Top competitors of Pegasus Semiconductor include GRE Renew Enertech, UpEnergy and Boond. Here is the list of Top 10 competitors of Pegasus Semiconductor, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GRE Renew Enertech 1999, Ahmedabad (India), Public	Manufacturer of solar panels and indoor LED lights	$389K	Persistent Growth Fund, Chanakya Fund & 1 others	49/100
2nd	UpEnergy 2011, Kampala (Uganda), Series A	Rural solar electrification and promoting clean energy	-	Finnfund, Boma Investments & 3 others	44/100
3rd	Boond 2010, Delhi (India), Seed	provider of solar products	$452K	OPES-LCEF, IIMA Ventures & 9 others	42/100
4th	Sunna Design 2011, Blanquefort (France), Series B	Manufacturer of solar lighting solutions for public and private sector	$15.9M	Demeter, BNP Paribas & 5 others	42/100
5th	Mpowerd 2012, New York City (United States), Acquired	BioLite: Outdoor gear, power solutions, and lighting for adventures	$700K	SVC, Vast Ventures & 3 others	40/100
6th	Inovus 2007, Boise (United States), Acquired	Online gaming platform offering poker, domino, baccarat, and slot games	$4.53M	Arnold Venture Group, Point b	39/100
7th	EcoEnergy 2009, Karachi (Pakistan), Seed	Solar solutions for rural communities	$500K	Persistent, Social Investment Managers & Advisors ... & 2 others	37/100
8th	Solight 2013, Haifa (Israel), Seed	Solar daylight solutions	-	SIBF, EIC Fund & 2 others	37/100
9th	LuminAID 2010, Chicago (United States), Acquired	Solar lanterns and phone chargers for disaster relief and everyday use	-	Victor Capital Partners, MassChallenge	36/100
10th	Pegasus Semiconductor 2004, Ahmedabad (India), Seed	Provider of LED and solar based lighting solutions	$147K	Gujarat Venture Finance & 3 others	35/100

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Founders (largest shareholder) own 74.64%, Funds own 15.79% and Other People own 9.58%. The net worth of Pegasus Semiconductor's founders is INR 3.55Cr as of Aug 28, 2012.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	74.64%	3.55Cr	7957299	2340342	5831211	7688635
Sudhindra Tatti	9026936	9807013	9913660	1201575	7031484	9670973
Fund	15.79%	75L	2307344	7581497	9030222	5296092
Gujarat Venture Finance	9955974	3161287	3337630	1637116	4078686	9990409
Other People	9.58%	45.4L	9483815	6827701	1656680	4728755
Total	100.00%	4.75Cr	1704767	5269667	9894410	9451353