About Semiconductor Design and Manufacturing Services sector in Bengaluru, India
The Semiconductor Design and Manufacturing Services sector in Bengaluru, India comprises 186 companies, including 19 funded companies having collectively raised $260M in venture capital money and private equity. Out of these, 21 are Series A+ funded.
Semiconductor Design and Manufacturing Services sector in Bengaluru, India has seen 19 acquisitions and 1 IPO. This represents almost 10.8% of all such companies - which is higher than the 4.5% exit rate of tech companies in general.
This sector includes precision engineering firms, original equipment manufacturers (OEMs), or material refiners fabricating specialized hardware, assembly tools, or components for the Semiconductor Design and Manufacturing Services ecosystem.
Semiconductor Design and Manufacturing Services sector is also known as Advanced Semiconductor Design and Manufacturing Services Systems, Industrial Semiconductor Design and Manufacturing Services Tech or Precision Semiconductor Design and Manufacturing Services Hardware.
Includes high-precision automated manufacturing tools, complex sub-component packages, calibrated measurement instruments, and dedicated process validation telemetry layers built for Semiconductor Design and Manufacturing Services fabrication. Excludes general raw unrefined metals, consumer electronic end devices (like personal smartphones), standard uncalibrated laboratory benches, and third-party repair workshops.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions
Also known as
Advanced Semiconductor Design and Manufacturing Services Systems or Industrial Semiconductor Design and Manufacturing Services Tech
Top Semiconductor Design and Manufacturing Services Companies in Bengaluru, India
There are 186 Semiconductor Design and Manufacturing Services startups in Bengaluru, India which include Tessolve Semiconductor, Sasken, SmartSoC, Signoff Semiconductors, Dexceldesigns. Out of these, 19 startups are funded, with 21 having secured Series A+ funding.
2026 has seen the creation of 2 Semiconductor Design and Manufacturing Services startups in Bengaluru, India. Over the past 10 years, an average of 10 new companies have been launched annually. Notably, several of these startups have been founded by alumni of BITS Pilani, IIM Bangalore and IIT Bombay.
Here is the list of top Semiconductor Design and Manufacturing Services startups in Bengaluru, India
Semiconductor engineering services company. It is a leading provider of semiconductor solutions worldwide. Chip design, testing, and PCB engineering are some of its offerings. Along with offering other services like failure analysis and systems design, it also has a staff of specialists and internal infrastructure.
Key facts about Tessolve Semiconductor
- Founded Year: 2004
- Location: Bengaluru (India)
- Stage: Acquired
- Total Funding till date: $213M
- Investors: JAFCO Asia, Qualcomm Ventures and 18 Others
- Latest Funding Round: PE, Sep 01, 2025, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 2 of 1,690 Competitors
2. Sasken
Provider of IT, product engineering and digital transformation services. Its other services include IOT, mobility, analytics, blockchain and devops. It offers services to global leaders in semiconductor, automotive, industrials, smart devices & wearables, enterprise grade devices, satcom and transportation industries.
Key facts about Sasken
- Founded Year: 1989
- Location: Bengaluru (India)
- Stage: Public
- Total Funding till date: $26M
- Investors: New Enterprise Associates, NGP Capital and 3 Others
- Latest Funding Round: Post IPO, Feb 06, 2013, $*****
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 43 of 158,611 Competitors
3. SmartSoC
Key facts about SmartSoC
- Founded Year: 2016
- Location: Bengaluru (India)
- Stage: Acquired
- Tracxn Score: 55/100 What is this?
- Competitors Rank: 2 of 1,036 Competitors
Provider of semiconductor design services for embedded and turnkey requirements. It offers services in physical design, synthesis, automation, and flow for intelligent and connected devices. It specializes in end-to-end semiconductor and embedded systems design solutions, covering a full spectrum from silicon, system to hardware services all under one roof.
Key facts about Signoff Semiconductors
- Founded Year: 2015
- Location: Bengaluru (India)
- Stage: Unfunded
- Tracxn Score: 55/100 What is this?
- Competitors Rank: 3 of 1,036 Competitors
Developer of embedded systems, FPGA solutions, and rugged hardware platforms. The company delivers designs for aerospace, defense, industrial, automotive, and wireless sectors. It provides solutions including high-speed embedded computes, edge AI, rugged modular systems, and secure industrial systems. The company offers services such as system and hardware design, embedded software, and lifecycle management.
Key facts about Dexceldesigns
- Founded Year: 2000
- Location: Bengaluru (India)
- Stage: Acquired
- Investors: Three G Systems, Dbs Finmax and 27 Others
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 15 of 1,690 Competitors
Companies founded year-on-year in the Semiconductor Design and Manufacturing Services sector in Bengaluru
2 new startups have been founded so far in 2026 in the Semiconductor Design and Manufacturing Services sector in Bengaluru. 25 Semiconductor Design and Manufacturing Services startups in Bengaluru were founded in 2023 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 2 |
2025 | 4 |
2024 | 9 |
2023 | 25 |
2022 | 12 |
2021 | 13 |
2020 | 10 |
2019 | 9 |
2018 | 10 |
2017 | 13 |
Stage-wise distribution of Semiconductor Design and Manufacturing Services sector companies in Bengaluru
Out of the total 186 Semiconductor Design and Manufacturing Services companies in Bengaluru, 19 have secured funding. Among them, 21 have reached Series A or higher, and 20 to Series B or beyond.
Founded - 186
Funded - 19
Series A+ - 21
Series B+ - 20
Series C+ - 20
Company Stage | No. of companies |
|---|---|
Founded | 186 |
Funded | 19 |
Series A+ | 21 |
Series B+ | 20 |
Series C+ | 20 |
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Funding Trends in the Semiconductor Design and Manufacturing Services sector in Bengaluru
Total funding year-on-year in the Semiconductor Design and Manufacturing Services sector in Bengaluru
The Semiconductor Design and Manufacturing Services sector in Bengaluru saw a total funding of more than $198M in the last 10 years. The most amount of funding was in 2025 at more than $150M. There has been a total funding of $238K in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $238K |
2025 | $150M |
2023 | $672K |
2022 | $107K |
2021 | $40.3M |
2020 | $4.33M |
2019 | $913K |
2018 | $757K |
2017 | $626K |
Recent Funding Rounds in Semiconductor Design and Manufacturing Services in Bengaluru
In the year 2026, till January 2026, Semiconductor Design and Manufacturing Services companies in Bengaluru have raised $238K in equity funding across 2 rounds.
Here are some recent, important funding rounds in Semiconductor Design and Manufacturing Services companies in Bengaluru:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 7666 | Jan 31, 2026 | ||
Seed | 3583 | Jan 10, 2026 | ||
PE | 8524 | Sep 01, 2025 | ||
Seed | 7675 | Jul 28, 2025 | ||
Series A | 5234 | 2025 | - |
Top Investors in Semiconductor Design and Manufacturing Services in Bengaluru
Qualcomm Ventures is the top investor in Semiconductor Design and Manufacturing Services companies in Bengaluru based on number of companies invested.
Here are some top investors in Semiconductor Design and Manufacturing Services companies in Bengaluru:
Investor | Location | Top Portfolio Companies |
|---|---|---|
San Diego (United States) | ||
Bengaluru (India) | ||
Bengaluru (India) | ||
Bengaluru (India) | ||
Bengaluru (India) |
M&A activity in Semiconductor Design and Manufacturing Services sector in Bengaluru
In the year 2025, till December 2025, 2 acquisitions happened in Semiconductor Design and Manufacturing Services sector in Bengaluru. Last year, in 2024, a total of 4 acquisitions happened in Semiconductor Design and Manufacturing Services sector in Bengaluru.
Here are some recent, important acquisitions in Semiconductor Design and Manufacturing Services sector in Bengaluru:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Dec 10, 2025 | ||
Business Acquisition | Jan 22, 2025 | ||
Business Acquisition | Jul 10, 2024 | ||
Business Acquisition | Jul 08, 2024 | ||
Business Acquisition | Jan 22, 2024 |
Acquisition trends in Semiconductor Design and Manufacturing Services sector in Bengaluru
Here are the acquisition trends in Semiconductor Design and Manufacturing Services sector in Bengaluru:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 2 |
2024 | 4 |
2023 | - |
2022 | 2 |
2021 | - |
2020 | 3 |
2019 | - |
2018 | 2 |
2017 | - |
IPOs in Semiconductor Design and Manufacturing Services in Bengaluru
In the year 2005, till September 2005, 1 IPO happened in Semiconductor Design and Manufacturing Services sector in Bengaluru.
Here are some recent, important IPOs in Semiconductor Design and Manufacturing Services sector in Bengaluru:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 09, 2005 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) |
Colleges which produce the most Semiconductor Design and Manufacturing Services companies in Bengaluru
Companies founded by alumni from top colleges in the Semiconductor Design and Manufacturing Services in Bengaluru
Most number of Semiconductor Design and Manufacturing Services startups in Bengaluru have been founded by alumni from BITS Pilani, IIM Bangalore and IIT Bombay.
College | No. of companies |
|---|---|
BITS Pilani | 4 |
IIM Bangalore | 2 |
IIT Bombay | 2 |
IIT Delhi | 2 |
IIT Kanpur | 2 |
BIT Mesra | 1 |
IIM Calcutta | 1 |
IIT Kharagpur | 1 |
IIT Roorkee | 1 |
Indian Institute of Science | 1 |
Total funding in Semiconductor Design and Manufacturing Services companies founded by alumni from top colleges in Bengaluru
In the last 10 years, BIT Mesra graduates' Semiconductor Design and Manufacturing Services companies in Bengaluru have raised the most funding among top colleges. IIT Kharagpur alumni are second.
College | Total Funding |
|---|---|
BIT Mesra | $213M |
IIT Kharagpur | $184K |
BITS Pilani | - |
IIM Bangalore | - |
IIM Calcutta | - |
IIT Bombay | - |
IIT Delhi | - |
IIT Kanpur | - |
IIT Roorkee | - |
Indian Institute of Science | - |
Top News in Semiconductor Design and Manufacturing Services in Bengaluru
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Tessolve Achieves Great Place to Work® Certification for the Third Consecutive YearTessolve Semiconductor•Jan 30, 2026•Tessolve Semiconductor
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Tessolve Joins the eSync Alliance to Accelerate Connected Automotive InnovationsExpress Computer•Oct 07, 2025•Tessolve Semiconductor, eSync
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Capital A launches Rs 400 Cr fund to invest in manufacturing, climate startupsEntrackr•Sep 20, 2024•Entuple, Bambrew, Chargeup, Capital-A
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Tessolve partners with SigmaSense to develop DSP-based sensing ASICBusiness Line•Jul 29, 2024•Tessolve Semiconductor, SigmaSense
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Tessolve, India’s leading semiconductor engineering business surpasses ₹1,000 crore revenueMedia Bulletins•Jul 01, 2024•Tessolve Semiconductor
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Tessolve, India’s Leading Semiconductor Engineering Business Surpasses ₹1,000 Crore RevenueOnline Media Cafe•Jul 01, 2024•Tessolve Semiconductor
