India’s semiconductor start-up ecosystem is witnessing a gradual shift in investor sentiment, driven largely by government initiatives like the India Semiconductor Mission (ISM) and the Design Linked Incentive (DLI) scheme. While funding levels still lag global peers, industry leaders say the conversation around semiconductor investments has become significantly easier than it was just a few years ago.

“Funding interest is growing, and it’s easier to have conversations now than it was a few years ago. Investors are learning the language of semiconductors and building up a knowledge base of how to value such companies,” said Shashwath TR, Co-founder and CEO of Mindgrove Technologies. “But there’s still a long way to go to tap the full potential of both the start-ups and of the funding ecos

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