DLI-backed C2i Semiconductors raises $15 million from Peak XV, marking largest funding round for Indian chip startup

February 16, 2026 11:47 AM

DLI-backed C2i Semiconductors raises $15 million from Peak XV, marking largest funding round for Indian chip startup

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 semiconduc...

Centre pushes semiconductor innovation with 23 new chip-design projects

July 31, 2025 10:57 AM

Centre pushes semiconductor innovation with 23 new chip-design projects

The Government of India has sanctioned 23 chip-design projects under the Design Linked Incentive (DLI) Scheme as part of its effort to boost the country’s semiconductor design capabilities. These projects, led by domestic companies, startups, and MSMEs, will receive financial assistance to develop chip solutions for areas such as surveillance cameras, energy meters, microprocessor IPs, and networking applications. The announcement was made in the Lok Sabha by Union Minister of Electronics and...