Fifty production tools,
built by two people
EasyChip Private Limited, Bengaluru. Pre-seed, and building.
We met at BITS Pilani Goa doing device-physics research on Cadence and Sentaurus TCAD. The tools were slow enough that the workaround became the company.
India holds roughly a fifth of the world’s chip design engineers and owns none of the tools they design with. Three vendors hold 74% of the market. That is a structural monopoly, not a competitive one.
Two founders who hit this problem before they named it
Rakshit Mishra
Product and frontend. Owns customer development, industry validation, and every conversation that has put a build in front of a practising engineer.
Parth Parekh
Backend, infrastructure and AI systems. Owns the orchestration layer, the delivery pipeline, and the ML layer now being built across the suite.
Forty-one engineers told us the same four things.
Surveys across CAD/EDA and RTL design roles, plus five to six sessions where we put a working build in front of a practising engineer and watched them use it.
This validates the infrastructure thesis - determinism, licensing, locality, consolidation. It does not yet validate our physical-design and reliability roadmap. That is precisely what the design-partner beta is scoped to test.
A $34.4B market, and the fastest-growing line in it is ours
| Segment | 2024 | CAGR | 2030 |
|---|---|---|---|
| EDA software | $15.4B | 9.4% | $26.5B |
| Semiconductor IP | $8.2B | 9.5% | $14.2B |
| Custom chip design | $5.9B | 10.6% | $10.8B |
| AI chip design acceleration | $1.8B | 38.0% | $13.3B |
| Total addressable | $34.4B | 12.3% | $69B |
Core signoff is a fortress - decades of foundry certification and customer trust sit behind it. The tier next to it carries most of the tool count and a large share of the licence spend, with none of that certification lock-in. That is the part a new entrant can actually take, and the part nobody has made AI-native.
The next eighteen months
Engineer-led, not booth-led
Any engineer should be able to go from idea to silicon without a $500,000 licence standing in the way.