Advent, TPG, Kedaara among others in race to buy into Hero Group’s Semiconductor arm TessolveSeveral private equity firms are vying for a stake in Tessolve. Hero Electronix is considering divesting a 30% share in the semiconductor c...
17 Jul, 2025, 11.42 AM IST
Tessolve to buy German chip designer for Rs 400 croreThis acquisition aims to position Tessolve as a leading design firm capable of delivering advanced turnkey solutions, particularly in Syste...
06 Nov, 2024, 06.00 AM IST
Hero Electronix, backed by Suman Kant Munjal, plans to sell 30% stake in chip design firm TessolveHero Electronix, led by Suman Kant Munjal, is exploring the sale of a 25-30% stake in Tessolve, a semiconductor design firm. The deal could...
05 Nov, 2024, 10.59 AM IST
ETtech Deals Digest: Razorpay, Chargebee raise fundsIndia’s fast-growing fintech and digital payments sector continues to attract investors.
23 Apr, 2021, 07.37 PM IST
Tessolve raises $40 million in funding from Novo TellusTessolve plans to utilise the capital to beef up its semiconductor design and engineering capabilities inorganically through acquisitions i...
22 Apr, 2021, 02.13 PM IST
Gift of the jabAlso in today's ETtech Morning Dispatch: TCS, Infosys, Wipro and Tech Mahindra are kicking off covid vaccination drives; Social media is In...
22 Apr, 2021, 08.21 AM IST
Hero Electronix arm acquires chip design services firm T&VSThe acquisition provides impetus to Tessolve’s chip design offering taking its overall company strength to over 2,000 engineers and cements...
18 Mar, 2020, 04.39 PM IST
Hero Electronix sets up semiconductor chip design centre in BengaluruThe Bengaluru centre will work in close association with Tessolve's other design centres to develop innovative chip solutions across vertic...
19 Feb, 2019, 02.08 PM IST
Hero Electronix acquires Zenatix, forays into IoT spaceFounded in 2013 by IIT-Delhi engineers, Zenatix has built its own proprietary Internet of Things (IoT) stack, which includes hardware, clou...
29 May, 2018, 11.54 PM IST
Hero Electronix acquires analog design business of AnalogSemiThe acquisition - whose financial details have not been disclosed - was made through the company's engineering services venture, Tessolve, ...
08 Nov, 2017, 01.00 AM IST
Hero Electronix eyes $1-billion business in next 4 yearsHero Electronix expects acquisitions and partnerships to boost revenue, which was Rs 600 crore in the last fiscal year.
30 Aug, 2017, 02.06 PM IST
Hero Electronix buys India business of Germany's TES DST HoldingThe new division, Tessolve Embedded Systems, will focus on supporting the design and manufacture of innovative electronic products for glob...
27 Jul, 2016, 03.33 PM IST
Hero Electronix acquires Tessolve SemiconductorHero Electronix and its group companies plan to invest Rs 1000-2000 crore in the next 5-7 years to fund its expansion plans.
29 Apr, 2016, 03.14 AM IST
- $75 bn global risk capital to flow into India: IDG
Industry watchers are linking large inflows to opening up of more sectors such as retail to overseas PE & VC funds.
28 Apr, 2010, 06.40 AM IST