Rashi Peripherals Announces Joint Venture with Restar Corporation, a Leading Japanese Technology Company, to Accelerate Embedded and Semiconductor Business Growth
In a strategic move to strengthen its semiconductor and embedded solutions business, Rashi Peripherals Limited, one of the leading national distribution partners for global technology brands in India, has entered into a joint venture (“JV”) with Restar Corporation, a leading Japanese electronics and technology company.
As part of the transaction, Rashi Peripherals will transfer its semiconductor business division into a wholly owned subsidiary headquartered in Bengaluru and step-down subsidiary headquartered in Singapore. Restar Corporation – a ≈US$4 billion conglomerate, will subsequently acquire a 26% equity stake in the subsidiary, with the JV scheduled to officially commence operations in October 2026.
The partnership will focus on delivering advanced Image Sensing Solutions for Industrial and Automotive applications, supported by localized engineering, design, and technical services tailored to the Indian market.
Key Highlights:
- Governance Structure:74% shareholding with RP tech and 26% with Restar Corporation, with a 4-member Board (3 RP tech and...
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