Tessolve, India’s leading semiconductor engineering business surpasses ₹1,000 crore revenue

Mumbai, India, July 01st, 2024: Tessolve, a leading global semiconductor and embedded engineering company for next-generation products, impressively surpassed ₹1,000 crore in revenue earlier this year, marking a significant milestone in the company’s journey.

Founded in 2004, Tessolve boasts a client list that includes 80% of the world’s 20 largest semiconductor firms, offering end to end solutions from semiconductor design to testing to production and embedded software. With plans to continue its double-digit growth trajectory, Tessolve is poised to solidify its position as a leader in the semiconductor industry.

“Surpassing ₹1,000 crore in revenue is a remarkable milestone for Tessolve and a reflection of our team’s commitment and long-term collaboration with customers. As we celebrate this achievement, we remain focused on continuing our path of leadership,” said Srini Chinamilli, Co-founder & CEO, Tessolve. “In the last few years, we have grown at a 20%+ CAGR, and we are on track to continue the growth path. The semiconductor industry has fresh momentum, and with our end-to-end engineering expertise, we are well positioned in this space. We are a trusted partner for most of the world’s largest companies. This truly reflects our commitment to excellence and the value-added solutions we offer,” he added.

Coinciding with the 20th anniversary of Tessolve, the milestone marks two decades of excellence and leadership in the semiconductor industry. In the semiconductor market, Tessolve distinguishes itself with comprehensive end-to-end engineering solutions and a steadfast commitment to innovation and customer satisfaction.

Ujjwal Munjal, Founder-Director, Hero Electronix, said, “This achievement is a remarkable testament to the dedication and hard work of the Tessolve team. Their relentless pursuit of excellence and engineering has been key to their success. We are excited to support Tessolve as they continue to push the boundaries further enhancing their leadership in semiconductor engineering.”

Over the years, Tessolve, with a presence in 10+ countries, has made significant investments in training semiconductor engineers, addressing the talent gap worldwide, beginning with India. Tessolve is India’s pioneering company in establishing state-of-the-art semiconductor test, characterization, and reliability qualification labs in India and overseas, empowering numerous customers to productize their chips. It is a global leader offering comprehensive capability to handle full-chip design (from RTL to GDSII) and productization and product design all under one roof.

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