Srini Chinamilli

Co-founder and Chief Executive Officer of Tessolve Semiconductor, a saas & tech company based in Bengaluru.

Co-founder and Chief Executive OfficerBengaluruSaaS & Tech

Founded

2004

Bengaluru, India

Raised to date

$265M

3 rounds on record

Latest round

Late-stage

$75M · Oct 2026

About

Srini Chinamilli is Co-founder and Chief Executive Officer of Tessolve Semiconductor, a saas & tech company based in Bengaluru, founded in 2004. Tessolve Semiconductor's most recent disclosed round was a Late-stage of $75M in Oct 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2004

Tessolve Semiconductor

SaaS & Tech · Bengaluru

Bengaluru semiconductor engineering services company providing chip architecture, design, validation, testing and embedded systems work. A Hero Electronix venture, it serves semiconductor firms, hyperscalers, chip startups and system companies across AI, high-performance computing, automotive, data centres and industrial applications.

Funding

Oct 2026Late-stage$75MVector Line Capital (lead), TPG, Novo Tellus Capital Partners

Sep 2025Growth$150MTPG

2021Growth$40MNovo Tellus Capital Partners

Company profile →3 rounds on record

Journey with Tessolve Semiconductor

1 milestone

Oct 2026Funding
Raises $75 million led by Vector Line Capital in the US firm's first India investment, with TPG and Novo Tellus participating, to fund acquisitions across the chip development cycle.

Also building Tessolve Semiconductor

UMUjjwal MunjalChairman of Tessolve and Founder of Hero Electronix→

Coverage

1 story

Funding · 12 Oct 2026 · 4 min read

India's Biggest Chip Investment This Week Went To A Company That Does Not Make Chips

Quick answers

Who is Srini Chinamilli?

Srini Chinamilli is a Co-founder and Chief Executive Officer of Tessolve Semiconductor, a saas & tech company based in Bengaluru, founded in 2004.

Who founded Tessolve Semiconductor?

Tessolve Semiconductor's founders and leadership on record at StartupFox are Srini Chinamilli and Ujjwal Munjal.

How much funding has Tessolve Semiconductor raised?

Tessolve Semiconductor has raised $265M across 3 disclosed rounds on record. The latest was a Late-stage of $75M in Oct 2026, with Vector Line Capital (lead), TPG, Novo Tellus Capital Partners.

Where is Tessolve Semiconductor based?

Tessolve Semiconductor is headquartered in Bengaluru, India.

What has StartupFox reported about Srini Chinamilli?

StartupFox has published 1 story naming Srini Chinamilli; the most recent is “India's Biggest Chip Investment This Week Went To A Company That Does Not Make Chips”.

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Sources & updates

This profile is compiled by the StartupFox desk from company announcements, regulatory filings and our own reporting. If this is you, you can verify it with LinkedIn and edit it.

Last updated: 12 October 2026
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