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India’s chip startups struggle to fund leap from design to commercial production

India’s chip startups struggle to fund leap from design to commercial production

India’s chip startups struggle to fund leap from design to commercial production


Indian semiconductor and physical-AI companies, which develop AI-powered machines and robots, raised $523.3 million across 44 deals in 2025, up from $114.4 million across 48 deals in 2024, according to Tracxn data reviewed by Mint. They raised another $193.3 million across 26 deals through 10 August this year.