Vector Line Capital has made an investment of $75 million in Tessolve Semiconductor Private Limited.

Khaitan & Co advised Vector Line Capital on this investment.

The core team consisted of Kapish Mandhyan (Partner), Reshma Abraham (Counsel), Deep Shah (Principal Associate), Aanya Desai (Associate) and Krisha Devani (Associate). The following provided support:  

Funds: Divaspati Singh (Partner), Khusboo Agarwal (Counsel), Samarth Chopra (Senior Associate) and Parv Pancholi (Associate);

Tax: Rahul Jain (Partner), Jinisha Jain (Senior Associate), Krishnal Shailesh Agrawal (Associate) and Krunal Himanshu Mehta (Associate); and

Antitrust: Anshuman Sakle (Partner), Alisha Mehra (Principal Associate) and Vidhi Maharishi (Associate).

Founded in India in 2004, and late acquired by Hero Electronix in 2016, Tessolve is a leading semiconductor engineering services company, working with 18 of the world’s top 20 semiconductor firms.

The fresh funds will be used by the Company for acquisition purposes.

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