Emergent was valued at $300 million during its Series B funding round in January this year. The latest fundraise takes its total capital raised to $230 million across three funding rounds.

The Cabinet approved Semicon 2.0 with a Rs 1,27,500 crore outlay for chip manufacturing. A Rs 62,500 crore scheme will boost mobile phone manufacturing and local value addition.…

India's Cabinet approves ₹1.27 lakh crore for Semicon Mission 2.0, aiming to boost semiconductor investment and production significantly.