MosChip Technologies Board Approves ₹245.49 Crore Acquisition of 73% Stake in Vayavya Labs

MosChip to acquire a 73% controlling stake in Vayavya Labs Private Limited following approval by its Board of Directors. The transaction remains subject to statutory and regulatory approvals.

According to an exchange filing dated April 16, the acquisition of the 73% stake in the Belagavi-based company is valued at a total consideration of ₹245.49 crore. 

Vayavya Labs, founded in 2006 and headquartered in Belagavi, operates as a “Silicon-to-System” engineering partner serving the semiconductors, automotive, consumer electronics, EDA, and communications industries. It maintains delivery centers in Belagavi and Bengaluru. The company holds nine granted patents and drives key industry standards in the semiconductor and automotive verticals. 

Early 2026 MosChip Technologies had announced the successful silicon bring-up of ISRO’s Space Applications Centre custom SoC in 28nm technology node, completing an end-to-end turnkey ASIC program from Netlist to packaged silicon.