The venture capital division of Applied Materials, Inc., Applied Ventures, LLC, announced today that it has invested growth stock in VVDN Technologies, one of the top Indian firms for electronics product design, software, and manufacturing. With the help of Applied Ventures’ strategic expansion capital, VVDN will be able to increase its research and development of electronic products and solutions, including next-generation semiconductor technology.
President of Applied Ventures, LLC, made the following statement regarding the investment: “Applied Ventures has a great opportunity to work with and invest in innovative deep-tech companies because of the thriving Indian technology ecosystem.” Our partnership and investment with VVDN are in line with Applied Ventures’ mission to develop India’s capacity for electronic device engineering and design as well as to support entrepreneurship and innovation in order to build a robust semiconductor ecosystem.
Applied Ventures, LLC’s vice president and global head, Anand Kamannavar, stated that the firm prefers to invest in businesses that have the potential to see rapid growth. Due to its robust production and design skills, VVDN is well-positioned to grow into a significant participant in the worldwide electronics design and manufacturing market, as well as in India. Applied Ventures is advancing the global semiconductor and electronics manufacturing ecosystem through this investment.
VVDN Technologies Pvt. Ltd. CEO Puneet Agarwal expressed his happiness at Applied Ventures, LLC’s strategic investment. Our dedication to innovation and promoting growth in areas that are undergoing significant change is demonstrated by our relationship.
In an effort to increase its influence in the global semiconductor ecosystem, India has seen strong growth in the electronics sector in recent years. Because of its distinct set of skills in design, production, and testing, VVDN can be a valuable partner in engineering, software, and manufacturing for businesses in a variety of industries, including medtech, automotive, datacenter, telecom, IoT, security surveillance, and industrial. Concerning Applied Ventures, LLC The venture capital division of Applied Materials, Applied Ventures, LLC, makes investments in cutting-edge technological businesses throughout the world that are anticipated to provide significant growth as well as outstanding financial and strategic returns.
Applied Ventures has been funding innovative startups in the fields of semiconductor and display technologies, high-performance computing, smartphones, augmented and virtual reality, AI/ML, big data, life sciences, fab automation software, robotics, sensors, advanced materials, and environmental science and ethics (ESG) for over ten years, including those in India. Visit www.appliedventures.com to learn more, or follow
Product engineering and manufacturing firm VVDN specialises in creating end-to-end solutions for a number of vertical sectors in technology (5G, Datacenter, Networking, Wi-Fi, Vision, Automotive, IoT, Cloud, and Apps). The headquarters of VVDN are in Gurgaon, India, while Fremont, California, USA, is home to its North American headquarters. Serving clients worldwide, VVDN has operations in the US, Canada, Europe, Asia, Vietnam, Korea, and Japan, among other regions. VVDN boasts 11 state-of-the-art product engineering centres in India, each fully furnished to design and test every piece of hardware and piece of software needed to create a finished product or solution.
The seven manufacturing facilities of VVDN are situated in Manesar, Gurgaon, and Pollachi, Tamil Nadu, India. These facilities comprise an in-house SMT factory that is among the best in the industry, as well as mould and tooling, die casting, antenna assembly, product assembly, and product certification labs. The engineering and manufacturing facilities of VVDN are fully equipped to develop and produce goods of automotive, consumer, industrial, and enterprise grade.