Cyient Semiconductors, the chip design arm of engineering services group Cyient, has secured a strategic financing package of about $30 million from funds managed by Edelweiss and affiliated co-investors, valuing the Hyderabad based business at roughly $500 million post-funding.
The deal is structured as an equity investment of about $10 million, around ?100 crore, alongside $20 million in structured debt, aimed at strengthening the company’s capital base and accelerating its growth in power semiconductors and custom silicon.
The fresh capital is targeted at three key priorities.
First, Cyient Semiconductors plans to deepen its product R&D roadmap across custom power semiconductors and application specific standard products (ASSPs), where sustained IP development can create long term advantage across multiple product cycles.
Second, it will build in-house semiconductor validation and testing infrastructure in India, strengthening its ability to design, qualify, and support chips for global customers without relying heavily on external labs.
Third, the funding will support working capital needs as the company scales larger, longer duration programs with international clients, especially in automotive, industrial, AI infrastructure, and communications markets.
This move comes just months after Cyient Semiconductors completed an $85 million majority stake investment in Kinetic Technologies, a US based power management IC specialist, underscoring its ambition to become a globally relevant, India rooted power semiconductor player.
Taken together, the Kinetic deal and the Edelweiss backed capital package position Cyient Semiconductors to offer end to end, power efficient silicon solutions across analog, mixed signal, RF, and digital domains, from architecture and design through validation and production support.
Leadership Comments
“Power is the defining constraint on AI’s next decade and solving it requires semiconductor companies that combine deep custom silicon capability with proprietary power IP,” Suman Narayan, Chief Executive Officer of Cyient Semiconductors, said.
“That is exactly what the company is building. This financing from Edelweiss accelerates our journey toward becoming a globally relevant power semiconductor company, built from India, competing on the world stage,” Narayan added.
