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simyog: SimYog raises Rs 20 crore in funding from Mela Ventures, 1Crowd, IdeaSpring

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SimYog, an IISc incubated firm, said it has raised Rs 20 crore funding led by Mela Ventures along with 1Crowd. Existing investor IdeaSpring also invested in the round.

Founded by Dipanjan Gope, Anant Devi, and Harikiran Muniganti, the company is delivering value to top and emerging companies and the collaboration among academia, corporate, and venture capitalists backs a deep tech solution out of India for the world, it said in a statement.

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“It clearly shows the overall confidence in the problem we are trying to solve and the solution itself. The mentorship from Mela Ventures is going to be invaluable in our global growth story. This investment will help us reach many customers who are facing the challenge of EMI/EMC testing and help them release quality products faster and cost effectively,” Gope, founder and CEO, SimYog, said.

Started in 2017, SimYog makes electromagnetic interference (EMI)/ electromagnetic compatibility (EMC) simulation software for front-loading at the early design stage.

“With higher expectations from consumers, product companies are packing more technology in constrained spaces, leading to potential challenges in signal interference. EMI/EMC simulation tools in the early stages of the design cycle are crucial. SimYog has cracked the code on that front, and we are delighted to see the rapid progress they are making in this space,” NS Parthasarathy, managing partner, Mela Ventures, said.

SimYog’s compliance-scope has saved a semiconductor company and its automotive tier-1 customers, time-to-market to the tune of one extra design sample.

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This translates to reduced lab iterations and bill-of-material reduction, leading to a saving in the order of $2-3 million for a single product line of sensors, it said.

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SimYog, an IISc incubated firm, said it has raised Rs 20 crore funding led by Mela Ventures along with 1Crowd. Existing investor IdeaSpring also invested in the round.

Founded by Dipanjan Gope, Anant Devi, and Harikiran Muniganti, the company is delivering value to top and emerging companies and the collaboration among academia, corporate, and venture capitalists backs a deep tech solution out of India for the world, it said in a statement.

Elevate Your Tech Prowess with High-Value Skill Courses

Offering College Course Website
Northwestern University Kellogg Post Graduate Certificate in Product Management Visit
IIM Lucknow IIML Executive Programme in FinTech, Banking & Applied Risk Management Visit
Indian School of Business ISB Professional Certificate in Product Management Visit

“It clearly shows the overall confidence in the problem we are trying to solve and the solution itself. The mentorship from Mela Ventures is going to be invaluable in our global growth story. This investment will help us reach many customers who are facing the challenge of EMI/EMC testing and help them release quality products faster and cost effectively,” Gope, founder and CEO, SimYog, said.

Started in 2017, SimYog makes electromagnetic interference (EMI)/ electromagnetic compatibility (EMC) simulation software for front-loading at the early design stage.

“With higher expectations from consumers, product companies are packing more technology in constrained spaces, leading to potential challenges in signal interference. EMI/EMC simulation tools in the early stages of the design cycle are crucial. SimYog has cracked the code on that front, and we are delighted to see the rapid progress they are making in this space,” NS Parthasarathy, managing partner, Mela Ventures, said.

SimYog’s compliance-scope has saved a semiconductor company and its automotive tier-1 customers, time-to-market to the tune of one extra design sample.

Discover the stories of your interest


This translates to reduced lab iterations and bill-of-material reduction, leading to a saving in the order of $2-3 million for a single product line of sensors, it said.

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.

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