Indian Semicon Startup InCore Secures $3 Mn Seed Fund

The Chennai-based startup was launched in 2018 to enable customers with turnkey processor IP solutions for automotive, industrial automation, and general electronics

India-based fabless-semiconductor startup, InCore Semiconductors recently raised $3 million in its seed funding round led by Sequoia Capital India. Focused on building class-leading RISC-V-based processor solutions, the company plans to utilize the newly-raised fund to accentuate its portfolio of Core-Hub generators and reference SoC (System-on-Chip) platforms aimed at multiple segments of the embedded chips space. The Chennai-based startup was launched by G S Madhusudan, Neel Gala, Gautam Doshi and Arjun Menon in 2018 and offers the AEON, AEGIS, and AXON classes of IPs, among others.

As per the startup’s CEO, G S Madhusudan, InCore’s RISC-V processors are not just designed for India but for the world. He commented on the occasion, “With a scalable, configurable, and extensible methodology, InCore’s RISC-V processor IP solutions can cater to a wide range of applications, including embedded systems, IoT devices, and industrial controllers. By offering world-class RISC-V processors, InCore is contributing to the global semiconductor industry and making India a key player in this highly competitive market.”

- Advertisement -

This 2018-born startup claims to enable its customers with turnkey processor IP solutions for strategic industrial segments like automotive, industrial automation, and general electronics. It is learnt that InCore has designed highly parameterized and configurable Core-Hub Generators, which facilitate the creation of RISC-V compatible solutions.

In a press release, the company noted that by joining hands with its partner network, it is pioneering a series of RISC-V platforms – InSoCs – for distinct embedded verticals. These platforms, stated InCore, align with the Indian government’s current initiatives, promoting and nurturing OEM/ODM-like entities under its Indian Semiconductor Mission.

- Advertisement -

MD of Sequoia India, Mohit Bhatnagar stated, “Indian chip design companies have a unique opportunity to set global benchmarks for reliability and performance to serve the burgeoning demand in domestic as well as export markets. With 20% of the global semiconductor engineers from India, we have a right to win this global opportunity. Incore’s team has sowed the seeds of India’s dream for indigenous processors with Project Shakti at IIT Madras and are well-renowned experts in the R&D and industrial corridors. It is rare to come by a team of this calibre going after such an audacious mission. We are excited to partner with them on this journey.”


 

- Advertisement -

Industry's Buzz

Semiconductor Chip (Representation Image)

Odisha Launches India’s First Advanced 3D Chip Unit

0
Amid India’s semiconductor push, Odisha has unveiled its first advanced 3D chip packaging unit, set to boost innovation, jobs, and critical technology sectors. Odisha broke...
ZTE

TVS Supply Chain Settles Debt Dispute with ZTE Telecom India

0
A mutual settlement brings closure to a long-running dispute linked to telecom logistics services. TVS Supply Chain Solutions has settled its long-standing debt dispute with...
Representational image.

SWELECT Energy Systems Eyes Entry into Solar Wafer Manufacturing

0
The Chennai-based company plans to explore wafer production within six months, betting on lower complexity and rising domestic solar demand. SWELECT Energy Systems is actively...
VinFast Philippines

VinFast Expands Philippines E-Scooter Dealer Network

0
VinFast signs MoUs with 14 dealers in the Philippines, claiming rapid network expansion ahead of its June 2026 e-scooter launch, with plans for showrooms...
Ericsson

Ericsson’s India Business Jumps 29% on Network Modernisation Demand

0
Rising 5G deployments and telecom upgrades drive strong quarterly revenue growth despite global forex headwinds. Ericsson reported a strong quarterly performance in India, recording nearly...

Learn From Leaders

Pragnesh Patel, Director, CircuitWala

“We Believe In Relationship Building More Than Business” – Pragnesh Patel, Director, CircuitWala

0
In an interaction with EFY’s Nitisha Dubey, Pragnesh Patel of CircuitWala shares insights into Gujarat’s PCB ecosystem, policy support, growth roadmap, expansion strategy, and...
Hareesh Ramanna, CXO, Sasken Technologies and President, Borqs Technologies (Sasken Group), India

“Nothing Works In Isolation Anymore; Everything Is Connected”- Hareesh Ramanna, Sasken Technologies 

0
From design in India to scale for the world, Hareesh Ramana of Sasken Technologies and Borqs Technologies reveals how AI is reshaping IoT innovation...
A. S. Rajgopal, CEO & MD at NxtGen

“AI Should Belong To All, Sovereignty Isn’t Optional” – A. S. Rajgopal, NxtGen

0
With AI and open source innovation reshaping enterprise infrastructure, NxtGen is redefining control and sovereignty in technology. In an exclusive conversation, A S Rajgopal...
Sumeet Kumar Co-Founder and CEO, Innatera

“We Bring Brain-Like Intelligence Directly To Sensors For Ultra-Low-Power AI Processing” – Sumeet Kumar,...

0
Sensors generate more data than the cloud can handle. Innatera’s neuromorphic chips shift AI to the edge, enabling always-on, ultra-low-power intelligence at the source....

Inside Raana Semiconductors $3M Bet On India’s Most Overlooked Semiconductor Bottleneck

0
As India expands semiconductor fabs and solar manufacturing, Raana Semiconductors is targeting the overlooked upstream gap of crystal growth technology. After raising $3 million...

Startups

Navajith Karkera, Co-founder and CEO of Rapture Innovation Labs, India

We Enable Sound Through Skin And Bone Conduction With Our Impulse Drivers” – Navajith...

0
Rewriting the rules of sound experience beyond traditional headphones, an Indian deep tech startup is transmitting audio through skin and bone! What are the...
Source: Brandworks

Brandworks, MeitY Unite to Boost AI and Electronics Startups

0
At the crossroads of AI and advanced electronics, Brandworks’ pact with MeitY Startup Hub promises a CoE to accelerate innovation and market-ready products. Brandworks Technologies...

This AI Wearable Startup Is Building Your Second Brain

0
In a world overflowing with information, NeoSapien presents an AI wearable designed to transform memory into a dynamic, evolving intelligence. NeoSapien Private Limited is a...
Lavanya Jagadeeswaran, CEO, Vyoma Systems, India

Reimagining Pre-Silicon Quality And Security For India’s RISC-V Era

0
As the RISC-V ecosystem expands, the startup advances a clear premise: hardware innovation must be matched by equal progress in trust, quality, and security. Reimagining...
(L-R) Duke Banerjee and Sumit Goswami, Founders, OneArvo Ventures Private Limited

ARVO: The Answer To Product Authenticity Challenges

0
A deep-tech startup using AI-powered physical patterns to combat counterfeiting and improve traceability. Founded in 2023 by Duke Banerjee and Sumit Goswami, OneArvo Ventures Private...