India’s semiconductor chip design ecosystem received a major boost as C2i Semiconductors, a startup backed by the Government’s Design Linked Incentive (DLI) Scheme, raised $15 million in Series A funding led by Peak XV Partners. The investment marks the largest funding round secured by an Indian semiconductor startup to date…
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India’s Chip Design Gets DLI Scheme Boost
India’s ambition to become a global semiconductor powerhouse is gaining momentum through the Design Linked Incentive (DLI) Scheme, a flagship initiative under the Semicon India Programme. Focused on chip design the most value-intensive segment of the semiconductor supply chain the scheme is enabling domestic startups, MSMEs and companies to move…