Tieing up with DPIIT, chip giant Infineon eyes to back Indian startups in e-mobility, IoT and health tech to fast-track innovation and strengthen local ecosystems.
Infineon Technologies has signed a memorandum of understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) to expand support for India’s startup ecosystem. The agreement focuses on encouraging innovation in areas such as Internet of Things (IoT), e-mobility and security, with design challenges and access to Infineon’s technologies.
“We are committed to empowering India’s startup ecosystem in microelectronics,” said Vinay Shenoy, Managing Director of Infineon India.
This is a part of Infineon’s recent collaborations that focus on sustainable technology applications. Although, the company is yet to disclose more details on the collaboration.
“This will allow us to work with innovative startups, giving them access to state-of-the-art technologies and our local and global networks. In return, we tap into their agility and entrepreneurial spirit, driving mutual growth and strengthening India’s innovation ecosystem,” he said.
Infineon has previously worked with Indian incubators and research institutions, including IISc Bangalore’s Foundation for Science Innovation and Development, IIT Madras Incubation Cell, and Artpark. It has also collaborated with Startup India, NITI Aayog and the Ministry of Electronics and Information Technology (MeitY). Past initiatives include the AI Challenge with Startup India and AGNIi, the solar pump motor drive challenge, and an MoU with MeitY to support its startup hub.
Furthermore, companies like e-Drift Electric is developing energy-efficient EV charging modules using Infineon’s semiconductor portfolio. EYDelta is working on electric motors and controllers for mobility, drones and aerospace, integrating AI-based diagnostics and cloud connectivity.
Mimyk, a spin-off from IISc Bangalore, is using Infineon’s microcontrollers for metabolic health monitoring, aiming to make health tracking more accessible.
Headquartered in Germany, Infineon reported revenue of about €15 billion in FY2024 and employs roughly 58,000 people worldwide. Its India operations, with more than 2,500 staff across five locations, focus on semiconductor design, software development and sales.
