MosChip to Acquire 73% Stake in Belagavi-Based Vayavya Labs for ₹245.49 Crore
In a major development in the semiconductor and engineering services sector, MosChip Technologies Limited has approved the acquisition of a 73% stake in Vayavya Labs Private Limited for a total consideration of ₹245.49 crore, according to an exchange filing dated April 16.
The transaction will be carried out through a mix of ₹148.52 crore in cash and an equity swap worth ₹96.97 crore. As part of the share swap arrangement, MosChip will issue 50.5 lakh equity shares priced at ₹192 each to the existing shareholders of Vayavya Labs.
The company has also outlined plans to acquire the remaining 27% stake after March 2028, with the final valuation linked to Vayavya Labs’ financial performance in the coming years.
Strong Belagavi Presence
Founded in 2006 and headquartered in Belagavi, Vayavya Labs has built a strong reputation as a “Silicon-to-System” engineering partner, catering to industries such as semiconductors, automotive, consumer electronics, EDA, and communications.
The company operates delivery centres in Belagavi and Bengaluru, with a global presence across the United States, Europe, Israel, and Japan.
Financial Growth and Expertise
Vayavya Labs has shown steady financial growth, reporting a provisional turnover of ₹83 crore in FY26, compared to ₹64.4 crore in FY25.
Its core expertise includes advanced engineering domains such as:
- Embedded systems
- Virtualization
- Digital twin solutions
- ADAS validation
Strategic Boost for MosChip
MosChip stated that the acquisition will enhance its software-led engineering capabilities, drive revenue growth, and improve EBITDA margins. The move is also expected to help the company climb higher in the product engineering value chain.
Following the acquisition, the combined entity is projected to have a workforce of over 2,000 employees, significantly strengthening its scale and execution capabilities.
