India's Chip Startups Shift to Commercialisation

India’s startup landscape is buzzing. Recent policy reforms, big funding rounds, and new tech entrants signal rapid growth across sectors.

• MSME boost: NCDC reform aims to level the playing field for small firms (source).
• Semiconductor shift: Chip startups move from tape‑out to commercial products, highlighted at SEMICON India 2026 (source).
• AI venture: IIT Delhi grads raise $1 M for a new AI coding platform (source).
• Biotech grant: Balrampur Chini secures a Rs 75 crore BioE3 grant for PLA co‑polymer R&D (source).
• Insurance overhaul: IRDAI proposes sweeping reforms to clean up the sector (source).
• Unicorn surge: Six new Indian unicorns emerge as tech funding hits $10.3 bn (source).
• Budget focus: FY26‑27 Union Budget pushes services exports and IT reforms (source).
• New chip player: Mythic AI enters India targeting data‑center and robotics markets (source).
• Labour code change: New codes reshape worker‑employer ties (source).
• Bengaluru funding: City’s startups raise $4.4 bn, nearly matching next five cities combined (source).