Cyient Semiconductors has raised a total of $30 million from funds managed by EAA India Alternatives (Edelweiss) to strengthen its product research and development initiatives, build in-house validation and testing infrastructure, and support business expansion requirements.
According to the company, the transaction includes an equity investment of around $10 million at a post-money valuation of nearly $500 million (approximately Rs 46 billion), along with about $20 million in structured debt aimed at supporting long-term growth.
