About Sankalp semi
Sankalp semi is a Technology company based in Hubli (India) founded in 2005 by Samir Anuprasad Patel, Mrinal Das, and Alok Kumar Pugalia, and was acquired by HCL Technologies in September 2019. Customized designing and modeling solutions are provided for manufacturing. Sankalp semi has raised $5 million across 1 funding round from investors including HCL Technologies and Stakeboat Capital. The company has 119,879 employees. Sankalp semi has completed 1 acquisition, including Interra EDA Solutions. Sankalp semi was last valued at $8.36 million in June 2017. Its Indian entity Sankalp Semiconductor Private Limited reported revenue of ₹155 Cr. Its focus areas include Semiconductors and Diversified Semiconductors.
Company details
Sankalp Semi was founded in 2005 and is located in Hubli, India. Customized designing and modeling solutions are offered to the manufacturing industry. Operations focus on tailored services that support product development and prototyping needs. The company was co-founded by Samir Anuprasad Patel, Mrinal Das, and Alok Kumar Pugalia, with expertise directed toward industrial applications across various sectors.
- Headquarters Hubli, India
- Employees 119,879
- Founders Samir Anuprasad Patel, Mrinal Das, Alok Kumar Pugalia
- Stage Acquired
- SectorsTechnology
- Website sankalpsemi.com
- Social LinkedIn Facebook
- Acquired by HCL Technologies (Sep 2019)
- Legal Name Sankalp Semiconductor Private Limited
- Date of Incorporation 31 Oct, 2005
- Jurisdiction Hubli, Karnataka, India
- Annual Revenue₹155 Cr
FY 2025 · -6% YoY
- Net Profit₹19.82 Cr
FY 2025 · 13% margin
- EBITDA₹32.60 Cr
FY 2025 · 21% margin
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Series A
Jun 2017
- InvestorsHCL Technologies
& 1 more
- Employee Count119,879
- Investments & Acquisitions
- Acquired byHCL Technologies
(Sep 2019)
Associated legal entities of Sankalp semi
Sankalp semi operates through Sankalp Semiconductor Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sankalp Semiconductor Private Limited CIN U72100KA2005PTC037574 | Active | 31 Oct 2005 | Hubli, Karnataka | ₹155 Cr | 752 | 3 | View details |
Funding Insights of Sankalp semi
Sankalp semi has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in June 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5M
- Total Rounds 1
- Last Round Series A — $5M
- First Round $5M
(Jun 2017)
- Investors Count 1
All 1 funding rounds of Sankalp semi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | $5M | Series A | $8.36M | Stakeboat Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2017 | $8.36M | •••••••• |
Last known valuation $8.36M (Jun 2017). 2 investors in total: 2 institutional.
Investors in Sankalp semi
Sankalp semi has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include HCL Technologies and Stakeboat Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in healthcare, manufacturing, and B2B technology with a focus on strategic growth and sustainability. | 2016 | stakeboat.com | Bengaluru, India | |
Provider of data analytics, cloud, networking, cyber security, support, and other outsourcing services | 1976 | hcltech.com | Noida, India |
Investor details for Sankalp semi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Board of directors of Sankalp Semiconductor Private Limited (Sankalp semi)
Sankalp Semiconductor Private Limited is the primary company behind Sankalp semi. The board of Sankalp Semiconductor Private Limited currently have 3 directors; the longest-serving is Goutam Rungta, appointed in 2022. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Goutam Rungta DIN 08599656 | Director | 11 Jan 2022 | 4 yrs 9 mo | Sankalp Semiconductor Private Limited |
| Rahul Singh DIN 00053875 | Director | 15 Dec 2023 | 2 yrs 10 mo | Sankalp Semiconductor Private Limited |
| Praveen Seth DIN 09715344 | Director | 25 Oct 2024 | 2 yrs | Sankalp Semiconductor Private Limited |
People of Sankalp semi
3 people are tracked at Sankalp semi (3 in leadership); the tracked headcount is 119,879.
| Name | Role | Group |
|---|---|---|
Samir Anuprasad Patel | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Alok Kumar Pugalia | Co-Founder | Leadership |
Complete people profiles for Sankalp semi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Sankalp semi
Figures of Sankalp Semiconductor Private Limited, the primary company behind Sankalp semi, for FY 2025. Revenue was ₹155 Cr (-6% year on year). Net profit was ₹19.82 Cr (13% margin). EBITDA was ₹32.60 Cr (21% margin). Revenue has grown at a compounded annual rate of -10% over three years and +1% over five years.
- ₹155 CrRevenue · FY 2025 · -6% YoY
- ₹19.82 CrNet profit · 13% margin
- ₹32.60 CrEBITDA · 21% margin
- ₹1.52 CrPaid-up capital
- 752Employees (provident fund records)
- -10%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sankalp Semiconductor Private Limited are on its company page.
Detailed financial statements for Sankalp semi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Investments & Acquisitions by Sankalp semi
Sankalp semi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Interra EDA Solutions.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Semiconductor EDA solutions and digital media software are developed. | interradesign.com | Cupertino, United States | 1998 | Feb 2016 | •••• |
Complete acquisition details for Sankalp semi
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Sankalp semi
5 dated milestones of Sankalp semi across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Sankalp semi is founded.
- Acquisition Acquires Interra EDA Solutions.
- Funding First funding round of $5.0M.
- Milestone Reaches Minicorn status.
- Exit Acquired by HCL Technologies.
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Frequently Asked Questions about Sankalp semi
Sankalp semi was founded in 2005 and raised its 1st funding round 12 years after it was founded.
Sankalp semi is headquartered in Hubli, India. It is registered at Hubli, Karnataka, India.
Sankalp semi is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Jun 2017.
Sankalp semi has 119,879 employees.
The primary company behind Sankalp semi, Sankalp Semiconductor Private Limited, reported revenue of ₹155 Cr for FY 2025, down 6% year on year.
Sankalp Semi was founded in 2005 and is located in Hubli, India. Customized designing and modeling solutions are offered to the manufacturing industry. Operations focus on tailored services that support product development and prototyping needs. The company was co-founded by Samir Anuprasad Patel, Mrinal Das, and Alok Kumar Pugalia, with expertise directed toward industrial applications across various sectors.
Sankalp semi has made 1 acquisition, including Interra EDA Solutions.
Sankalp semi has 2 investors. Key investors include HCL Technologies, and Stakeboat Capital.
The valuation of Sankalp semi is $8.36M as of Jun 2017.
Sankalp semi operates through Sankalp Semiconductor Private Limited.
Yes. Sankalp semi was acquired by HCL Technologies in September 2019.
The legal entities of Sankalp semi currently have 3 directors, including Praveen Seth, Rahul Singh, Goutam Rungta.