About SiliConch
SiliConch is a company based in Bengaluru (India) founded in 2016 by Rakesh Kumar Polasa, Jaswanth Ammineni, and Vishnu Mohan was acquired by L&T Semiconductor Technologies in July 2024.. SiliConch has raised $3.35 million across 4 funding rounds from investors including Lixun Precision Industry, Startupxseed Ventures and Zaikenn. The company has 43 employees as of December 23, 2024. SiliConch offers products and services including Application Specific IP and Integrated Circuits. SiliConch operates in a competitive market with competitors including Rambus, Navitas, VeriSilicon, Arteris IP and Flex Logix, among others.
- Headquarter Bengaluru, India
- Employees 43 as on 23 Dec, 2024
- Founders Rakesh Kumar Polasa, Jaswanth Ammineni, Vishnu Mohan
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Siliconch Systems Private Limited
- Date of Incorporation 21 Apr, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$3.25 M (USD)38.6as on Mar 31, 2024
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Net Profit
$-455.32 K (USD)-929.91as on Mar 31, 2024
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EBITDA
$209.51 K (USD)-73.11as on Mar 31, 2024
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Total Equity Funding
$3.35 M (USD)
in 4 rounds
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Latest Funding Round
$497.89 K (USD), Series A
Feb 24, 2021
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Investors
Lixun Precision Industry
& 7 more
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Employee Count
43
as on Dec 23, 2024
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Acquired by
L&T Semiconductor Technologies
(Jul 09, 2024)
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Products & Services of SiliConch
SiliConch offers a comprehensive portfolio of products and services, including Application Specific IP and Integrated Circuits. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides confidential IP for USB Type-C ecosystems
Delivers ICs for power delivery and datapath applications
Funding Insights of SiliConch
SiliConch has successfully raised a total of $3.35M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $497.89 thousand completed in February 2021. 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 Total Funding
- Total Rounds 4
- Last Round Series A — $497,891
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First Round
First Round
(24 Aug 2016)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series A - SiliConch | Valuation | Joscue Castillo | |
| May, 2019 | Amount | Seed - SiliConch | Valuation | Lixun Precision Industry |
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| Sep, 2017 | Amount | Seed - SiliConch | Valuation | Just In Time Services |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SiliConch
SiliConch has secured backing from 8 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Lixun Precision Industry, Startupxseed Ventures and Zaikenn. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in deep tech and B2B early-stage startups.
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Founded Year | Domain | Location | |
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Real estate brokerage services are provided in Bengaluru, India.
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Founded Year | Domain | Location | |
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Multi-category products for enterprises are distributed electronically.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SiliConch
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SiliConch
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Siliconch Comparisons
Competitors of SiliConch
SiliConch operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rambus, Navitas, VeriSilicon, Arteris IP and Flex Logix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based silicon IP and chip solutions are developed and licensed.
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| domain | founded_year | HQ Location |
GaN-based power management ICs are manufactured for electronic devices.
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| domain | founded_year | HQ Location |
Silicon platform-as-a-service is offered for SOC and SIP design solutions.
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| domain | founded_year | HQ Location |
Network-on-chip interconnect IP is provided for AI-enabled SoCs.
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| domain | founded_year | HQ Location |
Provider of a reconfigurable computing company that provides embedded FPGA (eFPGA) IP, architecture, and software to enable flexible and efficient computing solutions for a wide range of industries
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| domain | founded_year | HQ Location |
AI-based IP cores for system-on-chips are developed and supplied.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Siliconch
Frequently Asked Questions about SiliConch
When was SiliConch founded?
SiliConch was founded in 2016.
Where is SiliConch located?
SiliConch is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of SiliConch?
Vishnu Mohan is the current CEO of SiliConch. They have also founded this company.
Is SiliConch a funded company?
SiliConch is a funded company, having raised a total of $3.35M across 4 funding rounds to date. The company's 1st funding round was a Seed of $148.19K, raised on Aug 24, 2016.
How many employees does SiliConch have?
As of Dec 23, 2024, the latest employee count at SiliConch is 43.
What is the annual revenue of SiliConch?
Annual revenue of SiliConch is $3.25M as on Mar 31, 2024.
What does SiliConch do?
The company was founded in 2016 in Bengaluru, India, as a fabless semiconductor firm. Intellectual property cores for integrated circuits are supplied, including USB type-C power delivery and authentication IP, verification IP, and FPGA developer platforms. Design optimization services are also offered, such as regression debugging, RTL designing, and verification analysis, targeting the semiconductor sector.
Who are the top competitors of SiliConch?
SiliConch's top competitors include Navitas, VeriSilicon and Arteris IP.
What products or services does SiliConch offer?
SiliConch offers Application Specific IP and Integrated Circuits.
Who are SiliConch's investors?
SiliConch has 8 investors. Key investors include Lixun Precision Industry, Startupxseed Ventures, Zaikenn, Ponni Tech Park, and Joscue Castillo.
What is SiliConch's valuation?
The valuation of SiliConch is $8.13M as of Feb 2021.
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