HORIBA India Private Limited announced the completion of its acquisition of 100% of the shares of Pristine Deeptech Private Limited, effective January 14, 2026. The transaction makes Pristine Deeptech, a Gujarat-based startup, a wholly owned subsidiary of HORIBA India.
Pristine Deeptech, originally named Pristine Diamonds Private Limited, focuses on research and development involving lab-grown diamond as a material in semiconductor and quantum research fields. The company, established in October 2021 and headquartered in Vatva G.I.D.C. Phase I, Ahmedabad, Gujarat, had 7 employees as of January 14, 2026. Its CEO is Ashvani Kumar.
HORIBA India, established in 2006 and based in New Delhi, has 550 employees as of the end of December 2025. It handles sales, service, and manufacturing of analytical equipment in the energy & environment, bio & healthcare, and materials & semiconductor sectors. Rajeev Gautam serves as its president.
The acquisition follows a business relationship between the two companies since 2023. HORIBA cited diamond's properties, including high thermal conductivity and dielectric strength, as factors in the decision. Lab-grown diamond is expected to see expanded use in next-generation power semiconductors, quantum sensors, 5G/6G communications, electric vehicles, data centers, and aerospace and defense sectors over the coming decade.
Through the deal, HORIBA plans to establish an R&D hub in India for advanced materials. It intends to combine Pristine Deeptech's expertise in diamond research and vacuum technology with its own analytical and measurement technologies, such as Raman spectroscopy, to develop solutions for advanced materials, including diamond wafers.
The company outlined three main objectives:
1. Development of new analytical and measurement solutions to support the implementation and adoption of advanced materials.
2. Work on diamond-based components, such as sensors, for potential integration into HORIBA products and standalone sales.
3. Positioning HORIBA India as a core R&D hub for its advanced materials and semiconductor business through continued strategic investments and solutions addressing local needs.
HORIBA described the move as part of its long-term approach to R&D investment, with existing structures in France, the United States, and the United Kingdom, and now extending to India as a potential innovation hub given its growing industrial base. The acquisition aims to create synergy within HORIBA's "Semiconductor Woven Value Chain," which interconnects semiconductor production processes, advanced materials, sub-fab, and facilities.
