Bangalore (Karnataka) [India], September 12: FermionIC Design Pvt. Ltd., a Bangalore-based fabless RFIC design company, today announced a strategic partnership with Tata Electronics for advanced wafer-level testing, packaging, and post-silicon validation. The collaboration supports the production ramp of FermionIC’s indigenously designed and fully owned 4-Channel X-Band Beamformer IC, developed specifically for next-generation TDD Phased Array Antennas.
This Beamformer IC FD3R4411 is a first-of-its-kind innovation from India, representing a significant milestone for India’s semiconductor and radar technology ecosystem. By enabling compact, high-performance phased array systems, this chip addresses the needs of ranging radars, imaging radars, and next-generation surveillance platforms. Already adopted by multiple public and private organizations, the IC is accelerating India’s capability to develop indigenous phased array radar solutions.
Under this partnership, Tata Electronics serves as the Outsourced Semiconductor Assembly and Test (OSAT) partner, providing flip-chip ball grid array (FcBGA) assembly and wafer-level testing. This partnership between FermionIC Design and Tata Electronics underscores the growing collaboration between India’s semiconductor design innovators and advanced manufacturing partners.
“Our partnership with Tata Electronics allows us to take this complex IC, fully designed and developed in India, from design to staggered volume production starting in Q4 2025 on an accelerated timeline, while ensuring that nearly the entire manufacturing value chain remains within India.” said Gautam Kumar Singh, CEO, FermionIC Design.
Bengaluru based Fermionic Design Private Limited, a semiconductor chip design Company, has entered into an agreement to raise about INR 50 Crores / USD 6 million (in two tranches) in an investment round led by Ashish Kacholia and associates. Fermionic Design will use the funds to expand its product range within the domestic market and diversify into international markets.
Prime Securities Limited was the sole and exclusive Investment Banker to this transaction whereas S Dayma & Co was sole and exclusive legal and financial advisor to Ashish Kacholia and associates.
Fermionic Design is engaged in the business of design, development and commercialization of integrated chips/semiconductor chips used in diverse applications such as radars for defense, radio frequency-based communication, satellite communication, weather monitoring/forecasting, remote sensing, etc.
Ashish Kacholia of Lucky Investment Managers is a prominent investor in India, with an extensive portfolio in both listed and unlisted equities, as well as alternative asset classes.
Fermionic Team
Commenting on the deal, Mr. Ashish Kacholia said, “I and my associates are delighted to partner with young founders of Fermionic who are bringing cutting edge RF or Radio Frequency chips to the Indian defense and space establishments. These analog and mixed signal chips require deep tech skills which Fermionic has developed over time. These capabilities have been hitherto imported and Fermionic has developed best in class solutions to cater to Indian and global customers. This investment is made with the conviction that the Indian tech ecosystem has come of age and will create great value for India.”
Mr. Gautam Kumar Singh, CEO & Co-Founder of Fermionic Design, enthusiastically welcomed the new investors, stating, “We are truly honoured to welcome such esteemed and high-quality investors into the Fermionic family. Their confidence in our vision and capabilities is a strong validation of the innovative work we are doing in the semiconductor space. At Fermionic, we are developing cutting-edge RF (X/Ku/K/Ka Band Beamformer and FEM-ICs) and mixed-signal silicon platform ICs that address the advanced needs of AESA Radar systems, satcom, weather monitoring/forecasting, remote sensing, Maritime-Surveillance, telecom and consumer systems. We are deeply committed to building differentiated solutions that meet the system requirements of these specialized sectors and deliver high-performance results compared to available solutions in the market. This investment not only strengthens our capacity to accelerate product development but also fuels our ambitions to serve the global semiconductor landscape. We are excited about the path ahead and confident that with the support of our new partners, Fermionic will continue to set new benchmarks in building RF and mixed-signal IC products.”
Mr. Ganesh Agarwal, MD – M&A and PE at Prime Securities, delighted with this association, said, “The Indian semiconductor industry is set for a massive transformation driven by various government initiatives and large-scale investments from several corporates. We believe that Fermionic Design has developed cutting edge technology and products that will enable it to be at the forefront of this revolution and thus create significant value for all its stakeholders”.
