Private Equity PE-VC Fund Investments
Cyient Semiconductors raises $30-M from Edelweiss at $500-M valuation
Source Business Line (opens in a new tab)Press Release (opens in a new tab)
Hyderabad-based Cyient Semiconductors , a unit of publicly listed Cyient Ltd, has raised USD 30 million from funds managed by EAAA India Alternatives Ltd (Edelweiss) and affiliated co-investors. The transaction includes an equity investment of about USD 10 million (about INR 100 crore) at a post-money equity valuation of USD 500 million (about INR 4,600 crore), alongside USD 20 million in structured debt.Founded in 2024, Cyient Semiconductors provides custom ASIC/ASSP solutions with a focus on analog mixed-signal and intelligent power platforms and operates design centres in India, Belgium, and the US.The company plans to deploy the capital to advance its product R&D roadmap for custom power semiconductors, build in-house semiconductor validation and testing infrastructure in India, and support working capital requirements for large global customer programmes.