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India’s semiconductor startup seed funding rises six-fold to US$28 million in 2024-report
India’s semiconductor startup seed capital rose from US$5 million in 2023 to US$28 million in 2024, and US$44 million by mid-2025, signalling investor interest.
Funding for early-stage semiconductor startups in India soared nearly six-fold—from roughly US$5 million in 2023 to US$28 million in 2024—according to a report by Capital‑A reported on November 13. As of mid-2025 the sector had already crossed US$44 million in commitments. Most funding occurred in seed rounds averaging US$3 million each, reflecting increased investor confidence in India’s chip ecosystem.
The trend aligns with government efforts to boost local manufacturing and global supply chain shifts. Analysts say the jump points to India gaining ground in the semicon race despite persistent structural challenges.