Trilegal and Cyril Amarchand Mangaldas (CAM) advised on Vector Line Capital’s USD 75 million investment in Tessolve Semiconductor.
Tessolve Semiconductor Private Limited, a leading global semiconductor engineering services company backed by Hero Electronix, received a USD 75 million investment from US-based Vector Line Capital.
The investment marks Vector Line Capital’s first investment in India and brings the semiconductor-focused investor into Tessolve’s existing investor group, alongside TPG and Novo Tellus Capital Partners.
Trilegal advised Tessolve Semiconductor and Hero Electronix, its majority shareholder, on the investment by Vector Line Capital.
The Corporate team advising on the matter was led by Partner Vishruta Kaul and comprised Counsel Sanchita Mishra and Associate Harshit Meena.
CAM advised Novo Tellus Capital Partners, an existing shareholder of Tessolve Semiconductor Private Limited, in connection with Vector Line Capital’s USD 75 million investment in Tessolve.
The transaction team was led by Partner Abhishek Kalra, with strategic guidance from Partner Aditi Manchanda and support from Senior Associate Kaushik Raichura.
