India’s deep tech ecosystem has received a significant boost as fabless semiconductor startup Vervesemi has raised $10 million (approximately ₹83 crore) in its Series A funding round. The round was led by noted stock market investor Ashish Kacholia and venture capital firm Unicorn India Ventures, along with participation from other investors including Roots Ventures, Caperize Fina and MAIQ Growth Scheme.
The fresh investment signals growing confidence in India’s semiconductor design capabilities, especially in high-value, innovation-driven segments such as analog and mixed-signal chip architecture. At a time when global supply chains are being restructured and countries are pushing for semiconductor self-reliance, this funding round underlines India’s ambitions in the fabless chip design space.
Strengthening India’s Position in Advanced Chip Design
Founded in 2017, Vervesemi focuses on developing high-performance analog and mixed-signal integrated circuits (ICs) enhanced with machine learning-driven architectures. Unlike chip manufacturers that own fabrication plants, fabless semiconductor companies concentrate on design and innovation, outsourcing the manufacturing process. This asset-light model enables companies to scale faster while focusing heavily on intellectual property and R&D.
The company’s product portfolio includes advanced data converters, signal chain solutions, intelligent power modules and precision sensing technologies. These are used across mission-critical sectors such as smart energy systems, industrial automation, motor control, aerospace, and avionics. By targeting high-reliability industries, Vervesemi is positioning itself in segments that demand precision engineering and robust performance.
With the newly raised capital, the startup plans to accelerate product commercialisation and move validated silicon designs into full-scale production. The funds will also support rigorous qualification cycles required for industrial and aerospace applications, ensuring compliance with global standards.
Expansion of Engineering and R&D Capabilities
A major portion of the capital will be deployed to strengthen the company’s research and development capabilities. Vervesemi already holds multiple patents and is actively expanding its intellectual property portfolio. By building proprietary chip architectures, the company aims to create long-term technological advantages and defend its innovations in a competitive global market.
In addition, the startup plans to expand its engineering and applications teams to better serve customers across different geographies. Strengthening customer support and field application engineering will be critical as the company transitions from prototype validation to large-scale commercial deployment.
The funding will also enable Vervesemi to deepen its engagement with global original equipment manufacturers (OEMs), particularly in the United States and other key Asian markets. Expanding its global footprint is expected to drive export-led revenue growth and enhance India’s reputation as a hub for semiconductor design expertise.
Investor Confidence in India’s Deep Tech Future
Ashish Kacholia’s participation in the round reflects strong investor belief in the founding team’s technical depth and long-term vision. Known for backing high-growth companies, Kacholia has expressed confidence in India’s ability to produce globally competitive semiconductor innovations.
Similarly, Unicorn India Ventures has highlighted the importance of supporting deep tech startups that focus on core engineering and intellectual property creation. As capital increasingly flows into AI, IoT, robotics and industrial automation, semiconductor design startups like Vervesemi are seen as foundational enablers of future technologies.
A Positive Signal for the Semiconductor Ecosystem
India has been actively working toward strengthening its semiconductor ecosystem through policy support and increased investor participation. The Vervesemi funding round adds momentum to this movement by demonstrating that indigenous chip design startups can attract substantial private investment.
As demand for advanced chips continues to rise across industries, companies that combine analog expertise with machine learning-driven innovation are well-positioned for global relevance. With fresh capital, an expanding IP base and international growth plans, Vervesemi appears poised to emerge as a key player in India’s growing deep tech and semiconductor landscape.
Overall, this funding milestone not only accelerates the startup’s growth journey but also reinforces confidence in India’s expanding role in the global semiconductor value chain.

