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India's semiconductor sector has attracted USD 1.4 billion in all-time equity funding across 281 funded companies, with nearly half of this amount - USD 701 million - raised since 2025 alone, according to data from Tracxn. The findings come days ahead of SEMICON India 2026, the country's flagship semiconductor conference and exhibition, which will be held from September 17-19 at Yashobhoomi in Dwarka, New Delhi. Prime Minister Narendra Modi will inaugurate the fifth edition of SEMICON India 2026 on September 17, a mega-event set to bring together global semiconductor industry leaders, government officials, state representatives, and sector experts as India builds on the momentum of its growing semiconductor ecosystem. India is home to 3,557 companies in the sector, of which 142 have raised equity funding, out of 281 funded companies. The sector recorded USD 228 million in funding in 2026 year-to-date (YTD), according to Tracxn. Tessolve Semiconductor leads the sector in cumulative
Centricity, a technology-first wealth management company, on Thursday announced that it has raised Rs 280 crore in its Series A funding round, led by SMBC Asia Rising. In addition, existing investors, including Lightspeed India Partners, Burman Family Office, RAAY Investments, Stride Venture, and Innoven Capital, also participated in the funding round, Centricity said in a statement. The funds will be used to strengthen the company's proprietary technology stack, expand its B2B2C wealth distribution platform, accelerate the growth of its private wealth and NRI global private client businesses, and deepen its presence across domestic and international markets. Founded in 2022, Centricity is a wealth management company that manages more than Rs 15,000 crore in Assets Under Management (AUM).Earlier, it raised USD 4 million in pre-seed funding in 2022, followed by a USD 18 million seed round in 2024.