Ashish Kacholia Leads $10 Million Series A in Fabless Semiconductor Startup Vervesemi

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Ashish Kacholia Leads $10 Million Series A in Fabless Semiconductor Startup Vervesemi

Fabless semiconductor startup Vervesemi has raised $10 million (about ₹83 crore) in a Series A round led by investor Ashish Kacholia and Unicorn India Ventures, with participation from Roots Ventures, Caperize Fina and MAIQ Growth Scheme. The funding underscores rising investor confidence in India’s chip-design capabilities, particularly in analog and mixed-signal technologies.

Focus on high-value analog and mixed-signal design

Founded in 2017, Vervesemi develops high-performance analog and mixed-signal integrated circuits (ICs) that incorporate machine learning-driven architectures. As a fabless company, Vervesemi concentrates on chip design and intellectual property (IP), outsourcing manufacturing to foundries—an asset-light model that enables faster scaling and deeper investment in R&D.

The startup’s product suite includes advanced data converters, signal-chain solutions, intelligent power modules and precision sensing technologies. These offerings target mission-critical sectors such as smart energy, industrial automation, motor control, aerospace and avionics, where reliability and precision are essential.

Use of funds and commercialisation plans

Vervesemi will use the fresh capital to accelerate product commercialisation and transition validated silicon designs into full-scale production. Funding will also support the rigorous qualification and certification cycles required for industrial and aerospace applications to meet global standards.

R&D and IP expansion

A substantial portion of the investment will strengthen research and development capabilities and expand the company’s patent portfolio. Building proprietary chip architectures is central to Vervesemi’s strategy to secure technological advantage and defend its innovations in a competitive market.

Engineering, applications and global go-to-market

The company plans to expand engineering and field applications teams to support customers across geographies as it moves from prototype validation to commercial deployments. Enhanced customer support and application engineering will be critical during this scale-up phase.

Vervesemi also intends to deepen engagement with global original equipment manufacturers (OEMs), particularly in the United States and key Asian markets, to drive export-led revenue and bolster India’s reputation in semiconductor design.

Investor endorsement and ecosystem impact

Ashish Kacholia’s participation signals confidence in Vervesemi’s founding team and technical roadmap. Unicorn India Ventures emphasised the importance of backing deep tech startups that generate core engineering and IP, aligning with broader investor interest in AI, IoT, robotics and industrial automation.

The funding round is a positive indicator for India’s semiconductor ecosystem, which has been receiving policy support and increased private capital. As demand for advanced chips grows across industries, firms combining analog expertise with ML-driven innovation are well placed to capture global opportunities.

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