Tessolve Surpasses Rs 1,000 Crore in Revenue: A 20-Year Journey of Excellence

Tessolve focuses on offering a comprehensive suite of services, acting as a one-stop shop for semiconductor development .


Tessolve, a prominent semiconductor engineering company, achieved a significant milestone this year by surpassing Rs 1,000 crore in revenue.

Tessolve focuses on offering a comprehensive suite of services, acting as a one-stop shop for semiconductor development .

This includes:

  • Pre-silicon expertise: This involves design aspects like RTL coding, Design Verification (DV), and physical design, essentially getting the chip ready for manufacturing.
  • Post-silicon expertise: This involves testing the manufactured chips, ensuring functionality and reliability, and potentially integrating them with other systems.
  • Embedded Software: Tessolve offers development of software specifically designed to run on these chips.

This accomplishment aligns with the company’s 20th anniversary, marking two decades of innovation, growth, and leadership in the semiconductor industry.

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Background: Tessolve’s Remarkable Journey

Founded in 2004, Tessolve has steadily climbed the ranks to become a prominent player in the global semiconductor market.

The company serves 80 percent of the top 20 semiconductor companies worldwide. It provides comprehensive solutions, from embedded software to production, testing, and semiconductor design.

Tessolve’s journey from a startup to a key industry player underscores its dedication to technological advancement and customer satisfaction.

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What is the Matter?

Earlier this year, Tessolve achieved a noteworthy milestone by exceeding Rs 1,000 crore in revenue.

This success showcases Tessolve’s robust growth and its ability to meet the demands of the evolving semiconductor market.

The company’s wide range of services, from embedded software development to complete semiconductor design, has made it a trusted partner for major semiconductor companies worldwide.

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Why is it Important?

This milestone is significant for several reasons.

Firstly, it highlights Tessolve’s successful business model and strategic vision, which have allowed it to grow consistently over the past two decades.

Secondly, it underscores the company’s importance in the global semiconductor industry, where it plays a critical role in enabling technological advancements.

Tessolve’s achievement also reflects the broader momentum within the semiconductor industry, which is crucial for various sectors, including consumer electronics, automotive, and healthcare.

Leadership and Vision

Srini Chinamilli, Co-founder and CEO of Tessolve, highlighted the company’s strategic positioning in the semiconductor industry.

“With fresh momentum in the semiconductor sector and our end-to-end engineering expertise, Tessolve is well-positioned to continue its growth trajectory,”

Srini Chinamilli, Co-founder and CEO of Tessolve

This milestone celebrates Tessolve’s two decades of excellence and leadership in the semiconductor industry.

Support from Hero Electronix

Ujjwal Munjal, Founder-Director of Hero Electronix, expressed his excitement about supporting Tessolve’s continued advancements.

We are thrilled to support Tessolve as they push the boundaries further, enhancing their leadership in semiconductor engineering,”

Ujjwal Munjal, Founder-Director of Hero Electronix

Hero Electronix’s backing underscores the confidence in Tessolve’s capabilities and future prospects.

Global Operations and Education Initiatives

Tessolve operates in more than ten countries, reflecting its global reach and influence.

Over the years, the company has heavily invested in semiconductor engineering education, particularly in India, to bridge the global talent gap.

Tessolve’s commitment to education has played a crucial role in developing a skilled workforce capable of meeting the industry’s evolving demands.

Pioneering Semiconductor Labs

Tessolve has pioneered the establishment of modern semiconductor test, characterization, and reliability qualification labs both domestically and internationally. These labs have enabled numerous clients to bring their chips to market efficiently.

Tessolve’s extensive capabilities allow the company to manage product design, productization, and full-chip design (from RTL to GDSII) under one roof, solidifying its position as a world leader in semiconductor engineering.

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Tessolve’s journey from its inception in 2004 to surpassing Rs 1,000 crore in revenue in 2024 is a testament to its commitment to innovation, excellence, and leadership in the semiconductor industry.

As the company celebrates its 20th anniversary, it is poised to continue driving advancements in semiconductor technology.

Tessolve’s success is supported by its comprehensive solutions, global operations, and dedication to education and talent development..

Editorial Team
Editorial Team
Articles: 1925