Tessolve Semiconductor, a Hero Electronix firm, has secured a $75 million funding from US-based Vector Line Capital to assist its enlargement plans, together with strategic acquisitions geared toward strengthening its semiconductor engineering capabilities and international operations.

The corporate stated it’s in superior discussions to finish a number of acquisitions over the subsequent two quarters. The proposed offers are anticipated to enrich its current capabilities, broaden its providers and increase its worldwide presence.

The funding marks Vector Line Capital’s first investment in India. The agency, which focuses solely on semiconductors and the semiconductor provide chain, joins TPG and Singapore-based Novo Tellus as buyers in Tessolve.

The corporate has not disclosed its valuation following the funding or the scale of the stake acquired by Vector Line Capital.

What does Tessolve Semiconductor do?

Based in 2004, Tessolve gives semiconductor engineering providers overlaying chip structure, design, validation, testing and embedded programs.

The corporate, led by co-founder and CEO Srini Chinamilli, develops chips utilized in AI, high-performance computing (HPC), automotive, information centres and industrial purposes.

Its capabilities embrace the design of full semiconductor chips, together with AI, HPC, and analog and mixed-signal chips.

Tessolve stated it really works with main hyperscalers, chip startups, system firms and 18 of the world’s prime 20 semiconductor firms.

The corporate employs greater than 3,500 engineers throughout 10 nations and operates 9 laboratories globally. It additionally companions with semiconductor foundries, mental property (IP) suppliers, digital design automation (EDA) firms and check gear producers.

Tessolve stated it makes use of in-house semiconductor platforms and design processes to shorten chip improvement cycles.

What did the corporate and buyers say?

Tessolve co-founder and CEO Srini Chinamilli stated the corporate had developed from providing silicon check engineering providers to designing and creating full chips for companies constructing AI infrastructure.

“This funding will assist acquisitions that additional strengthen our choices, and Vector Line’s give attention to the sector and their relationships will add vital worth,” he stated.

Vector Line Capital founder and CEO Geoffrey Baldwin stated growing semiconductor complexity was creating demand for engineering companions able to supporting completely different phases of chip improvement.

“Semiconductors have gotten extraordinarily advanced, making them more durable to design, validate and check. Main know-how firms are more and more turning to engineering companions who can carry work throughout the entire improvement cycle,” Baldwin stated.

Ujjwal Munjal, chairman of Tessolve and founding father of Hero Electronix, stated the corporate’s progress mirrored the power of India-based engineering companies to compete internationally.

“Tessolve has proven that an engineering enterprise constructed from India can compete and lead globally,” he stated.

Tessolve’s earlier funding and enlargement in India

The most recent investment follows a $150 million funding spherical from international funding agency TPG in September 2025. Earlier, Singapore-based Novo Tellus Capital Companions invested $40 million in Tessolve in 2021.

Tessolve has additionally expanded by means of acquisitions. In November 2024, it acquired Germany-based chip design firm Dream Chip Applied sciences for about Rs 400 crore.

In India, the corporate is working with rising semiconductor foundries, outsourced semiconductor meeting and testing (OSAT) firms, and chip startups, offering engineering assist throughout completely different phases of semiconductor improvement.

The enlargement comes as India seeks to strengthen its home semiconductor trade, with investments in chip manufacturing, meeting, testing and design.