India’s semiconductor chip design ecosystem is gaining momentum, with startups supported under the government’s Design Linked Incentive (DLI) Scheme attracting significant investor interest. In a major development, Bengaluru-based C2i Semiconductors has raised $15 million in a Series A funding round led by Peak XV Partners – marking the largest funding round secured by an Indian semiconductor startup to date.
The funding milestone signals growing confidence in India’s deep-tech semiconductor design capabilities, a sector traditionally considered high-risk due to long development cycles, heavy R&D investment and delayed revenue generation.
