India’s semiconductor startups raised ₹380-cr funding since 2022
The Indian semiconductor design ecosystem has been gaining significant traction in recent years, driven in part by the support of the Ministry of Electronics’ DLI scheme and Chips to Startup (C2S) programme. These initiatives have helped foster a thriving startup ecosystem, and the results are starting to show. Since the launch of the DLI Scheme in 2022, 22 semiconductor startups have collectively raised over ₹380 crore from venture capital funding. This is a testament to the growth and potential of India’s semiconductor industry.
One notable example is Netrasemi, a startup under the C2S programme, which has received a significant venture capital investment of ₹107 crore. This funding will enable the company to further develop its cutting-edge semiconductor design capabilities and expand its operations.
The success of these startups is not limited to one or two companies. The DLI scheme has supported a wide range of startups, each with its unique strengths and areas of focus. Some of these startups are working on developing customised chipsets for specific industries, while others are focused on creating innovative solutions for the Internet of Things (IoT) and artificial intelligence (AI) applications.
The Indian government’s initiatives have been instrumental in creating a conducive environment for semiconductor startups to grow and thrive. The DLI scheme, in particular, has been designed to provide financial and technical support to startups involved in the design of semiconductors and their applications. The scheme has been instrumental in helping startups overcome the initial hurdles of funding and scaling up their operations.
The Chips to Startup (C2S) programme, on the other hand, is aimed at accelerating the growth of semiconductor startups by providing them with access to funding, mentorship, and networking opportunities. The programme has been highly effective in helping startups build connections with industry leaders, investors, and other stakeholders.
The success of India’s semiconductor startups is not limited to just the funding they have received. The country’s startup ecosystem has also seen a significant increase in the number of partnerships and collaborations between startups and established companies. This has led to the development of innovative solutions that are being adopted by industries across the country.
One of the key factors driving the growth of India’s semiconductor industry is the increasing demand for electronic products and services. The country’s growing middle class, coupled with the rise of e-commerce and digital payment platforms, has created a huge demand for electronic goods and services. This has led to a surge in the production of electronic components, including semiconductors.
The Indian government has also played a crucial role in promoting the growth of the semiconductor industry. The government has launched several initiatives aimed at promoting the development of the industry, including the National Policy on Electronics (NPE) 2019. The policy aims to promote the growth of the electronics industry, including the development of the semiconductor sector.
In addition to the government’s initiatives, the private sector has also been playing a key role in promoting the growth of the semiconductor industry. Many private companies, including those in the IT and electronics sectors, are investing heavily in the development of semiconductor technology.
The growth of India’s semiconductor industry is also being driven by the country’s growing talent pool. The country has a large pool of skilled engineers and technologists who are well-equipped to handle the complex challenges of semiconductor design and development.
In conclusion, India’s semiconductor startups have made significant progress since the launch of the DLI scheme in 2022. The scheme has provided a boost to the startup ecosystem, and the results are starting to show. With the government’s continued support and the growing talent pool, India is well-positioned to become a major player in the global semiconductor industry.
Source: https://yourstory.com/2025/07/india-semiconductor-startups-vc-funding-dli-scheme-2025
