Tessolve Semiconductor, a Hero Electronix company, has raised $75 million in a funding round led by US-based Vector Line Capital. The semiconductor engineering provider says the investment will support growth, including strategic acquisitions, broader services and global expansion. BusinessLine reports that Vector Line joins existing investors TPG and Novo Tellus, and that Tessolve is in advanced discussions on multiple acquisitions. The reports do not name a formal funding series.

DTT summary based on Entrackr's report. The full article is on the publisher's site.