IT firm Cyient’s subsidiary Cyient Semiconductors has raised $30 million in a mix of equity and debt from funds managed by EAAA India Alternatives (Edelweiss) and affiliated co-investors.The transaction includes an equity investment of around $10 million at a post-money valuation of about $500 million (₹4,600 crore) alongside around $20 million in structured debt designed to support long-duration growth, Cyient Semiconductors said.The funds will be deployed to advance the company’s product research and development roadmap across custom power semiconductors and custom ASSP’s; building in-house semiconductor validation and testing infrastructure in India to strengthen development and qualification capabilities; and supporting working capital requirements, it said.This investment is focused on scaling proprietary capabilities in power semiconductors and custom silicon; areas where sustained R&D and IP translate into long-term competitive advantage across multiple product cycles. It positions the company to accelerate execution, expand product platform and capture a larger share of the global opportunity while retaining the flexibility to pursue future strategic growth.The financing from Edelweiss accelerates our journey toward becoming a globally relevant power semiconductor company, built from India, competing on the world stage, CEO Suman Narayan said in a release. Published - May 25, 2026 08:17 pm IST