Intentar ORO - Gratis
Chip firm Tessolve secures $150 mn to expand business
Mint Hyderabad
|September 02, 2025
Bengaluru-based Tessolve, which offers semiconductor engineering services, has secured $150 million from investment firm TPG Inc.’s growth arm for acquisitions, expanding its test labs, and strengthening its global delivery centres, the companies said in a statement on Monday.
Tessolve, majorly owned by Hero Electronix, has attracted several institutional backers, including Singapore-based Novo Tellus Capital Partners, which invested $40 million in the company in 2021. The company’s revenue increased from $25 million in 2015-16 to over $150 million in FY25.
Esta historia es de la edición September 02, 2025 de Mint Hyderabad.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Hyderabad
Mint Hyderabad
Gold hits life-time high of ₹1.05 lakh
Rising for the sixth consecutive session, gold prices rallied ₹1,000 to hit yet another record high of ₹1,05,670 per 10 gms in Delhi on Monday, lifted by expectations of a rate cut by the US Fed this month and robust demand in overseas markets.
1 min
September 02, 2025
Mint Hyderabad
Mfg PMI surge to be short-lived
Temporary cheer?
2 mins
September 02, 2025
Mint Hyderabad
Chip firm Tessolve secures $150 mn to expand business
Bengaluru-based Tessolve, which offers semiconductor engineering services, has secured $150 million from investment firm TPG Inc.’s growth arm for acquisitions, expanding its test labs, and strengthening its global delivery centres, the companies said in a statement on Monday.
1 min
September 02, 2025
Mint Hyderabad
Karnataka HC bars Byju Raveendran from selling assets
The order follows Qatar Holdings Llc's plea seeking enforcement in India of a $235 million arbitral award
2 mins
September 02, 2025
Mint Hyderabad
Sanjay Singh named NHPC interim CMD
Sanjay Kumar Singh, National Hydroelectric Power Corporation's (NHPC) director (projects), has been appointed interim chairman and managing director (CMD) of the state-run hydropower company.
1 min
September 02, 2025
Mint Hyderabad
Rupee slips to record low of 88.10 against USD
The rupee depreciated just 1 paisa to close at an all-time low of 88.10 against the US dollar on Monday amid Indo-US trade deal uncertainties and higher dollar demand from importers.
1 min
September 02, 2025
Mint Hyderabad
Account Aggregators: All set now to multiply our digital dividends
This digital public infrastructure enables affordable microcredit and should turbocharge lending
3 mins
September 02, 2025
Mint Hyderabad
Longevity is a disciplined daily practice: Dr Shriram Nene
In an interview with Mint, the heart specialist talks about why longevity is not just about science but resilience as well
3 mins
September 02, 2025
Mint Hyderabad
August GST collections up 6.5% at ₹1.86 trillion
India's central and state governments collected a total of ₹1.86 trillion as goods and services tax (GST) in August, 6.5% more than a year ago, recording its second slowest pace so far this fiscal year, official data showed.
1 min
September 02, 2025
Mint Hyderabad
Inside that 'healthy' label are empty calories
Food products like low-fat yogurts and energy bars that claim to be 'healthy' are ultra-processed. Avoid them if better health is your goal
5 mins
September 02, 2025
Listen
Translate
Change font size