Tessolve Secures $75 Million as Revenue Crosses ₹1,500 Crore, Eyes Acquisitions

India's semiconductor engineering sector is gaining momentum as Bengaluru-based Tessolve Semiconductor secures $75 million from US-based Vector Line Capital to expand its global business and pursue strategic acquisitions. A Hero Electronix company, Tessolve has evolved from silicon testing into a full-service semiconductor engineering player, covering chip architecture, design, validation, testing and embedded systems. Its customer base includes 18 of the world's 20 largest semiconductor companies, highlighting its growing role in the global chip ecosystem.

The investment comes as Tessolve reports strong business growth, with revenue rising from ₹1,157 crore in FY25 to ₹1,526 crore in FY26. The company expects to cross ₹2,000 crore in revenue in FY27 and is already in advanced discussions for multiple acquisitions across India and international markets. With more than 3,500 engineers across 10 countries and nine laboratories worldwide, Tessolve is strengthening its capabilities to serve growing demand for AI and high-performance computing chips.

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