Bengaluru, 25th January 2024 – In a significant development for India’s burgeoning semiconductor industry, the Semiconductor Fabless Accelerator Lab (SFAL) has proudly announced the inclusion of Banashree Renewable Energy System in its prestigious roster of incubatees. This move marks a notable stride in the nation’s journey towards semiconductor self-reliance under the Atmanirbhar Bharath initiative.
Banashree Renewable Energy System, known for its cutting-edge System On Chip (SOC) Solutions, has also established a strong foothold as an Intellectual Property (IP) vendor for SFAL. The company is making waves with its groundbreaking Power Purchase Agreement (PPA) Enhancement solutions, aimed at bolstering startups within the SFAL ecosystem.
The success story of Banashree is a testament to the robustness of the Indian Semiconductor Ecosystem. It highlights the collaborative spirit among startups, working in synergy to augment the intellectual property fostered by the Government of India through SFAL. Banashree’s expertise isn’t limited to the semiconductor realm; the company has extended its services to various Public Sector Undertakings (PSUs), as well as customers in the Defence and Space sectors. Furthermore, it has made significant contributions to top Internet of Things (IoT), Artificial Intelligence (AI) startups, and Fabrication facilities (Fabs).
A remarkable achievement of Banashree is the creation of India’s first Electronic Design Automation (EDA) Solution and the world’s first Custom Libraries. These innovations are pivotal in enhancing the Power, Performance, and Area (PPA) of any SOC, setting new benchmarks in the industry.
“We are thrilled to welcome Banashree Renewable Energy System as our incubatee and IP vendor,” expressed Sridhar Kaip, CEO of SFAL. “Their innovative solutions and dedication to developing indigenous technology align perfectly with SFAL’s mission to foster a self-reliant semiconductor ecosystem in India.”
Banashree’s commitment to developing indigenous technology solutions, particularly for sectors like Avionics, Defence, and Telecom, is a significant step towards realizing a self-reliant and secure India, as envisioned by the Atmanirbhar Bharath initiative. The company’s patent for its innovative work positions it uniquely to develop custom libraries catering to these critical sectors.
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In the semiconductor vertical, Banashree is making strides in developing advanced datapath architectures to optimize PPA for SOCs, especially in Renewable Energy Systems. The company’s technology, scalable from 180nm down to 7nm Technology Nodes, positions it as a key player in the semiconductor field. Focused on reducing power consumption and lowering costs for datapath-intensive ICs, Banashree’s unique silicon IP significantly enhances silicon efficiency, complementing existing design methodologies without sacrificing performance.
Having successfully completed proof-of-concept stages with leading multinational and Indian customers, including SCL, Xilinx, Infinera, Open-Silicon, Saankhya Labs, Rambus, and Avatar Design Automation, Banashree Renewable Energy System is poised to make a substantial impact in the semiconductor industry.
This development is a clear indicator of India’s growing prowess in the semiconductor sector, with SFAL and Banashree leading the charge in innovation and collaboration. As the industry continues to evolve, the contributions of these entities will undoubtedly play a crucial role in shaping the future of technology in India and beyond.
For more information on Banashree Renewable Energy System and its innovative semiconductor solutions, please visit www.banashreesystems.com.
About SFAL:
Semiconductor Fabless Accelerator Lab (SFAL), is a K-Tech CoE for Fabless community. An initiative funded by the Department of Electronics, IT, Bt and S and T of Government of Karnataka through its Karnataka Innovation Technology Society (KITS), in collaboration with India Electronics and Semiconductor Association (IESA) towards developing and enhancing the fabless ecosystem in India. Focus of SFAL is around enabling fabless startups, across India and encourage creation and development of Products/IPs from India.
