Record Investment in Indian Semiconductor Startups
The semiconductor design ecosystem in India is thriving, with startups under the Ministry of Electronics and IT's support attracting significant investments. Notably, Netrasemi secured ₹107 crore in VC funding for chip development in smart vision and IoT applications. The government has committed ₹234 crore to support 22 chip design projects, which collectively raised over ₹380 crore from investors. This initiative aims to bolster India's capabilities in chip design and production, encouraging a new wave of innovation in the sector.
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