Press Release

Banashree Joins SFAL’s Semiconductor Revolution as Incubatee

Semiconductor Fabless Accelerator Lab (SFAL) is delighted to announce the addition of Banashree Renewable Energy System to its esteemed list of incubatees. Banashree is developing innovative System On Chip (SOC) Solutions, has also established itself as an Intellectual Property (IP) vendor for SFAL, presenting groundbreaking Power Purchase Agreement (PPA) Enhancement solutions for startups within the SFAL ecosystem.

 

Banashree’s success exemplifies the strength of the Indian Semiconductor Ecosystem, showcasing startups supporting one another in enhancing the intellectual property incubated by the Government of India in SFAL, as part of the Atmanirbhar Bharath initiative. In addition to serving various Public Sector Undertakings (PSUs) and Defence and Space customers, Banashree has extended its expertise to top Internet of Things (IoT), Artificial Intelligence (AI) startups, and Fabrication facilities (Fabs). The company has achieved a significant milestone by creating India’s first Electronic Design Automation (EDA) Solution and the world’s first Custom Libraries, enhancing the Power, Performance, and Area (PPA) of any SOC.

“We are thrilled to welcome Banashree Renewable Energy System as our incubatee and IP vendor,” said 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 focus on developing indigenous technology solutions tailored to India’s specific needs, such as Avionics, Defence, and Telecom, contributes to the realization of a self-reliant and secure India under the Atmanirbhar Bharath initiative. The company, having received a patent for its work, is well-positioned to develop custom libraries exclusively to serve these critical sectors.

In the semiconductor vertical, Banashree is actively engaged in developing advanced datapath architectures to achieve optimal PPA for SOCs, particularly those used in Renewable Energy Systems. The company has demonstrated its technology from 180nm down to 7nm Technology Nodes, making it a key player in the field. With a focus on reducing power and lowering costs for datapath-intensive ICs, Banashree’s unique silicon IP significantly improves silicon efficiency, complementing current design methodologies without compromising on performance. The company has successfully completed proof-of-concept stages with leading multinational and Indian customers, such as SCL, Xilinx, Infinera, Open-Silicon, Saankhya Labs, Rambus, and Avatar Design Automation.

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.