This marks a significant leap from $12.9 million in 2023 and $1.5 million in 2022.
The year also witnessed four Series A funding rounds, compared to just one in 2023 and none the year prior. Chennai-based Mindgrove Technologies, a fabless semiconductor design startup, led the funding race with $8 million raised in a Series A round. Bengaluru's FermionIC Design, specialising in chipsets for wireline and wireless communication systems, followed with $6 million in seed funding. Top investors, including Peak XV Partners, Speciale Invest, and Celesta Capital, have actively backed the sector.
Diese Geschichte stammt aus der January 01, 2025-Ausgabe von Financial Express Chennai.
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Diese Geschichte stammt aus der January 01, 2025-Ausgabe von Financial Express Chennai.
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Tenuous Gaza ceasefire
A permanent cessation of hostilities to facilitate reconstruction, however, is an open question
Inflection point
GenAI has unlocked a new dimension of efficiency & innovation
Analysts Remain Bullish on Zomato Despite Share Dip
Expect sustainable growth profitability in the coming years
DPDP Act will be outdated before it's passed
The Act targets entities which are complex adaptive platforms that have embedded AI in their processes. To expect them to adhere to static regulations is a mistake
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