India, Feb. 17 -- India's semiconductor chip design ecosystem is steadily strengthening, with startups supported under the Design Linked Incentive (DLI) Scheme drawing growing interest from both investors and the user community.

Semiconductor ventures traditionally involve long development timelines, substantial R&D investment and higher technical risk before revenues begin, often making early-stage investors cautious - and consequently, prior to 2021, venture capital investment in this sector in India remained limited.

The Government of India's DLI Scheme, announced in 2022, addresses this challenge by reducing upfront risk through financial support, access to advanced EDA tools, IP cores etc. and greater ecosystem awareness of semicon...