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This Indian Startup is Reinventing Chip Design | Neel Gala, CTO/Co-Founder, InCore Semiconductors

In this compelling episode of The Best Place to Build, host Amrut sits down with Neel Gala, Co-founder and CTO of InCore Semiconductors and a key architect behind India's groundbreaking Shakti Processor project at IIT Madras. Neel reveals how microprocessors power our digital world. He explains why RISC-V—the revolutionary open-source instruction set architecture—has opened unprecedented opportunities for India to develop strategic, indigenous silicon capabilities. His journey from PhD researcher to startup founder exemplifies the grit, technical depth, and vision required to build world-class deep tech from India. 💡 Key themes covered: 00:00 Introduction 00:54 Welcome to the Best Place To Build Podcast 01:31 Introducing Neel Gala | CTO, Co-Founder of InCore Semiconductors 01:49 Understanding Microprocessors 03:04 What is the Shakti Processor? 10:25 The InCore Journey 15:15 What is an IP? 19:44 How is InCore Different From Companies like NVIDIA? 20:55 What Does a Microprocessor Design Life Cycle Look Like? 25:39 The Truth Behind Building Chips 28:00 Exploring the Concept of SoC Generator Platforms 32:00 Why Can’t AI Take Over the Semiconductor Industry 36:00 The Choice to Pursue Higher Studies at IITM Instead of Abroad 40:50 From the Lab to Market: A Journey 45:14 The Road to Being Silicon-Proof 49:21 Tackling the Fear of Attempting 50:20 Scaling Up in the Semiconductor Industry 51:52 The Shift Towards Innovation on Silicon 54:18 What Does RISC-V Mean in the Global Context 59:10 The Genesis of RISC-V 01:02:30 Closing Thoughts & Reflections . 🔧 Whether you’re a chip design enthusiast, aspiring founder, or just curious about RISC-V, semiconductors, or India's role in next-gen computing, this is an episode you can’t afford to miss. 🔔 Subscribe for more stories from the labs and founders shaping the future of innovation at IIT Madras and beyond. #BestPlacetoBuild #semiconductor #building #startup #strategy #techpodcast #chipdesign #business

Neel GalaguestAmruthost
Aug 7, 20251h 11mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

InCore uses RISC-V and generators to accelerate custom chip design

  1. The conversation demystifies what microprocessors, cores, subsystems, and SoCs are, and why chip development is slow, expensive, and uniquely risk-averse compared to software.
  2. Neel traces Shakti’s genesis at IIT Madras: limited access to modern proprietary ISAs pushed the team toward the emerging, simpler RISC-V ecosystem and an “if it doesn’t exist, build it” mindset.
  3. InCore positions itself as an IP and subsystem/SoC solutions company, emphasizing that customers buy usable, integrated building blocks—not just a CPU core—and that IP delivery is largely “software” (RTL) with practical protection trade-offs.
  4. The company’s SoC generator approach aims to cut the spec-to-RTL-freeze phase from months to weeks/days by enabling rapid PPA (power-performance-area) iteration and providing day-one collateral for software, emulation, and verification.
  5. RISC-V is framed as a global “open opportunity” that breaks ISA monopolies and enables Indian strategic autonomy, while AI is described as a useful co-pilot but not yet trustworthy enough to replace humans in chip generation due to data scarcity and hallucinations.

IDEAS WORTH REMEMBERING

5 ideas

Chip design is slow because failure is catastrophically expensive.

A single bug can invalidate a multi-million-dollar prototype and restart a 12–18 month cycle, which drives heavy verification and a deeply risk-averse culture unlike “fail fast” software.

ISAs are the choke point of hardware–software control.

Neel explains instruction sets as the shared “language” between hardware and software; keeping them proprietary enables ecosystem lock-in, licensing constraints, and monopoly-like market power.

RISC-V matters because it’s permissionless, not just open.

RISC-V’s small base (dozens of instructions) and non-copyleft openness lowers barriers for new entrants to implement, customize, and commercialize without paying for ISA access or fearing restrictive clauses.

A CPU core alone rarely sells; integrated subsystems win deals.

InCore’s thesis is that customers want a near-product SoC/subsystem—interconnect, peripherals, controllers, security, accelerators—so they can build chips quickly without stitching everything from scratch.

SoC generators turn architecture exploration into rapid iteration.

By making SoC composition and trade-offs (PPA) configurable—down to “YAML-like” changes—teams can do many design iterations in days/weeks instead of weeks/months of manual RTL edits and reintegration.

WORDS WORTH SAVING

5 quotes

Imagine a chip which has a million transistors. You have to ensure that all million of them are working.

Neel Gala

You spend $5 million getting the first prototype and it doesn't boot… Instead of 'Hello, world,' it says, 'Bye, bye, world.'

Neel Gala

Innovation warrants curiosity, but curiosity warrants funding, warrants resources.

Neel Gala

The transition… what academia teaches you to think is what's possible. What entrepreneurship demands you to think is what's needed.

Neel Gala

RISC-V, beyond an open standard, is an open opportunity.

Neel Gala

Microprocessor vs core vs subsystem vs SoCShakti processor origin story at IIT MadrasRISC-V adoption and global ecosystemFabless/IP business models and licensingIP delivery formats (Bluespec vs Verilog), obfuscation/encryptionChip design lifecycle: spec → RTL → verification → FPGA → physical design → tapeoutSoC generator platforms and rapid PPA iterationWhy semiconductor teams are risk-averse (bug cost, recalls)AI’s role in EDA: co-pilot, verification support, limitationsIndia’s tech sovereignty and strategic-sector trustFounder lessons: first customer, silicon-proofing, selling constantly

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