TNIFMC Invests ₹20 Cr in Chennai Chip Start-up Aheesa

Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC) has announced an investment of ₹20 crore in Aheesa Digital Innovations Private Ltd., a Chennai-based fabless semiconductor start-up.

The investment is being made through TNIFMC’s Tamil Nadu Emerging Sector Seed Fund and will support Aheesa Digital Innovations in advancing its semiconductor projects from the tape-out stage to commercialisation.

Founded in 2021 by Sridharan Mani, Sukha R. Ghosh, and Anil Raj Thulasi Das, the start-up is led by a founding team with over 25 years of experience each in semiconductors, deep-tech entrepreneurship, and global technology development.

The founders have previously worked with leading global technology companies, including Amazon, Microchip Technology, and American Megatrends, bringing extensive industry expertise to the venture.

News by Rahul Yelligetti.