Tessolve, a Bengaluru-based chip design and testing company, achieved double-digit growth in 2023 despite a 10% industry decline, driven by a 25% CAGR over the past five years and increasing demand for AI custom chips. The company attributes its success to overcoming early challenges, establishing a strong training infrastructure, and securing major clients like Qualcomm and Intel.
With over 3,000 employees, Tessolve continues to expand its presence in India and globally, benefiting from India’s favourable position in the semiconductor industry and ongoing government initiatives.
