SiliConch

Bengaluru, India Founded: 2016 • Age: 10 yrs Minicorn Acquired By L&T Semiconductor Technologies
Semiconductor intellectual property cores and design services are provided.

About SiliConch

SiliConch is a Technology company based in Bengaluru (India) founded in 2016 by Rakesh Kumar Polasa, Jaswanth Ammineni, and Vishnu Mohan, and was acquired by L&T Semiconductor Technologies in July 2024. Semiconductor intellectual property cores and design services are provided. 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. SiliConch was last valued at $8.13 million in February 2021. Its chief executive, as recorded, is Vishnu Mohan. Its Indian entity Siliconch Systems Private Limited reported revenue of β‚Ή13.45 Cr. SiliConch offers products and services including Application Specific IP and Integrated Circuits. Its focus areas include Semiconductors, Electronic Design Automation Tools, IP Cores and Integrated Circuits.

Company details

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.

  • Headquarters Bengaluru, India
  • Employees 43
  • Founders Rakesh Kumar Polasa, Jaswanth Ammineni, Vishnu Mohan
  • Stage Acquired
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website siliconch.com
  • Social LinkedIn X Facebook
  • Acquired by L&T Semiconductor Technologies (Jul 2024)
  • Legal Name Siliconch Systems Private Limited
  • Date of Incorporation 21 Apr, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹13.45 Cr

    FY 2025 · -47% YoY

  • Net Loss
    -₹11.35 Cr

    FY 2025 · -84% margin

  • EBITDA
    -₹6.21 Cr

    FY 2025 · -46% margin

  • Total Equity Funding
    $3.35M (USD)

    in 4 rounds

  • Latest Funding Round
    $497.89K (USD), Series A

    Feb 2021

  • Investors
  • Employee Count
    43
  • Acquired by

Products & Services of SiliConch

SiliConch offers a comprehensive portfolio of products and services, including Application Specific IP and Integrated Circuits.

Application Specific IP
Intellectual Property

Provides confidential IP for USB Type-C ecosystems

Integrated Circuits
Hardware

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 $3.35M
  • Total Rounds 4
  • Last Round Series A β€” $497,891
  • First Round $297,442

    (Aug 2016)

  • Investors Count 7

All 4 funding rounds of SiliConch with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2021$497,891Series A$8.13MJoscue Castillo
May 2019$2.4MSeed$11.4MLixun Precision Industry
–
Sep 2017$148,186Seed$β€’β€’β€’β€’β€’Just In Time Services
–
Aug 2016$297,442Seed$β€’β€’β€’β€’β€’Startupxseed Ventures, Zaikenn
–
Valuation history
DateValuationStage
Feb 2021$8.13Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2019$11.4Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of SiliConch

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Last known valuation $8.13M (Feb 2021). 8 investors in total: 6 institutional and 2 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in deep tech and B2B early-stage startups.
2015startupxseed.inBengaluru, India
Real estate brokerage services are provided in Bengaluru, India.
ponnitechpark.tcc.modeBengaluru, India
Multi-category products for enterprises are distributed electronically.
2004luxshare-ict.comDongguan, China
Delivers comprehensive sanitation services solutions.
2012jitrental.comBulverde, United States
Delivers UX design, DevOps, system integration, and consulting services.
2015zaikenn.comBengaluru, India

Joscue Castillo

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S R Sujata

unknown_da9149c7b424406d8
ltsct.com
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Investor details for SiliConch

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Board of directors of Siliconch Systems Private Limited (SiliConch)

Siliconch Systems Private Limited is the primary company behind SiliConch. The boards of the 2 registered companies of SiliConch currently have 3 directors; the longest-serving is Vishnu Mohan Pusuluri, appointed in 2015. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vishnu Mohan Pusuluri
DIN 07265187
Director21 Sep 201511 yrs 1 moSiliconch Technology (Opc) Private Limited
Sandeep Kumar
DIN 02397368
Director09 Aug 20242 yrs 2 moSiliconch Systems Private Limited
Rahul Nilosey
DIN 10717073
Director09 Aug 20242 yrs 2 moSiliconch Systems Private Limited

People of SiliConch

3 people are tracked at SiliConch (3 in leadership); the tracked headcount is 43.

NameRoleGroup
Rakesh Kumar Polasa
FounderLeadership
FounderLeadership
Founder & CEOLeadership
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Financials of SiliConch

Figures of Siliconch Systems Private Limited, the primary company behind SiliConch, for FY 2025. Revenue was ₹13.45 Cr (-47% year on year). Net loss was -₹11.35 Cr (-84% margin). EBITDA was -₹6.21 Cr (-46% margin). Revenue has grown at a compounded annual rate of +7% over three years and +24% over five years.

  • ₹13.45 CrRevenue · FY 2025 · -47% YoY
  • -₹11.35 CrNet loss · -84% margin
  • -₹6.21 CrEBITDA · -46% margin
  • ₹3.5 LakhPaid-up capital
  • 66Employees (provident fund records)
  • +7%Revenue CAGR, 3 years
  • +24%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Siliconch Systems Private Limited are on its company page.

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Detailed financial statements for SiliConch

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Timeline of SiliConch

5 dated milestones of SiliConch across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded SiliConch is founded.
  2. Funding First funding round of $297K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $498K.
  5. Exit Acquired by L&T Semiconductor Technologies.
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Related news about Siliconch

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Frequently Asked Questions about SiliConch

SiliConch was founded in 2016.

SiliConch is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Vishnu Mohan is the CEO of SiliConch, as recorded in our data. They have also founded this 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 $297.44K, raised on Aug 2016.

SiliConch has 43 employees.

The primary company behind SiliConch, Siliconch Systems Private Limited, reported revenue of β‚Ή13.45 Cr for FY 2025, down 47% year on year.

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.

SiliConch offers Application Specific IP and Integrated Circuits.

SiliConch has 8 investors. Key investors include Lixun Precision Industry, Startupxseed Ventures, Zaikenn, Ponni Tech Park, and Joscue Castillo.

The valuation of SiliConch is $8.13M as of Feb 2021.

SiliConch is associated with 2 legal entities: Siliconch Systems Private Limited, Siliconch Technology (Opc) Private Limited.

Yes. SiliConch was acquired by L&T Semiconductor Technologies in July 2024.

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