Coreel

Bengaluru, India Founded: 1999 • Age: 27 yrs Minicorn
Advanced electronic systems are developed for aerospace, defense, and education.

About Coreel

Coreel is a Technology company based in Bengaluru (India) founded in 1999 by Vishwanath Padur. Advanced electronic systems are developed for aerospace, defense, and education. Coreel has raised $30 million across 2 funding rounds from investors including 360 One and ValueQuest. The company has 506 employees. Coreel was last valued at $80.34 million in November 2023. Its chief executive, as recorded, is Vishwanath Padur. Its website coreel.com draws about 15 thousand monthly visits. Its Indian entity Coreel Technologies (India) Private Limited reported revenue of ₹335 Cr. Coreel offers products and services including Electronic System Design, Digital Video Solutions, Manufacturing Services, and HPC Solutions. Its focus areas include Semiconductors, Embedded Systems, Embedded Hardware and Horizontal.

Company details

Developer of advanced electronic systems for aerospace, defense, and higher education. This entity designs and manufactures electronic systems for airborne, ground, and naval applications, including avionics, radars, sonars, electronic warfare systems, missiles, and video applications. It also provides video codec intellectual property cores and customized audio-video products. Furthermore, it offers manufacturing services, from printed circuit boards to complex systems, including mid-life redesign and automated test equipment. Distribution and representation services are provided, along with university solutions focused on enhancing technical education through access to cutting-edge electronics design platforms.

  • Headquarters Bengaluru, India
  • Employees 506
  • Founders Vishwanath Padur
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website coreel.com
  • Social LinkedIn X Facebook
  • Legal Name Coreel Technologies (India) Private Limited
  • Date of Incorporation 20 Apr, 1999
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹335 Cr

    FY 2025 · +31% YoY

  • Net Profit
    ₹52.33 Cr

    FY 2025 · 16% margin

  • EBITDA
    ₹60.86 Cr

    FY 2025 · 18% margin

  • Total Equity Funding
    $30M (USD)

    in 2 rounds

  • Latest Funding Round
    $30M (USD), Series B

    Dec 2025

  • Investors
    360 One

    & 1 more

  • Employee Count
    506

Products & Services of Coreel

Coreel offers a comprehensive portfolio of products and services, including Electronic System Design, Digital Video Solutions, Manufacturing Services, and HPC Solutions.

Electronic System Design
Design Services

Develops electronics for defense and aerospace applications

Digital Video Solutions
Software Solutions

Provides video codec IP cores for various industries

Manufacturing Services
Production Services

Handles electronics manufacturing and system production

HPC Solutions
Computing Services

Offers high-performance computing for specialized markets

Funding Insights of Coreel

Coreel has successfully raised a total of $30M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $30M
  • Total Rounds 2
  • Last Round Series B — $30M
  • First Round $16M

    (Nov 2023)

  • Investors Count 2

All 2 funding rounds of Coreel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2025$30MSeries B–ValueQuest
Nov 2023$16MUnspecified$80.34M360 One
–
Valuation history
DateValuationStage
Nov 2023$80.34M••••••••

Last known valuation $80.34M (Nov 2023). 2 investors in total: 2 institutional.

Investors in Coreel

Coreel has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include 360 One and ValueQuest.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Asset and wealth management software is provided for businesses.
2008360.oneMumbai, India
valuequest.in
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Investor details for Coreel

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Coreel Technologies (India) Private Limited (Coreel)

Coreel Technologies (India) Private Limited is the primary company behind Coreel. The board of Coreel Technologies (India) Private Limited currently have 8 directors; the longest-serving is Chetan Vadilal Sanghvi, appointed in 1999. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Chetan Vadilal Sanghvi
DIN 02813779
Director01 Jul 199927 yrs 3 moCoreel Technologies (India) Private Limited
Kewal Krishan Nohria
DIN 00060015
Director29 Aug 200026 yrs 1 moCoreel Technologies (India) Private Limited
Vishwanath Padur
DIN 00390160
Managing Director16 Jul 200422 yrs 3 moCoreel Technologies (India) Private Limited
Venkateswara Gowtama Mannava
DIN 07628039
Director20 Oct 20224 yrsCoreel Technologies (India) Private Limited
Suryanarayanan Neelakantan
DIN 07210501
Director24 Jan 20242 yrs 9 moCoreel Technologies (India) Private Limited
Umesh Devendrakumar Agrawal
DIN 08110192
Nominee Director10 May 20242 yrs 5 moCoreel Technologies (India) Private Limited
Vibhas Pande
DIN 10787077
Additional Director16 Jul 20251 yr 3 moCoreel Technologies (India) Private Limited
Pushkar Jauhari
DIN 06391650
Nominee Director17 Dec 202510 moCoreel Technologies (India) Private Limited

People of Coreel

29 people are tracked at Coreel (7 in leadership, 5 in board & advisors, 17 in team); the tracked headcount is 506.

NameRoleGroup
Founder & CEOLeadership
Ramesh Nagisetty
CEOLeadership
Sadiya Arshad
Senior Director Education And Skill DevelopmentLeadership
Suchitra Thyagaraj
Human Resources DirectorLeadership
Venu Gopalacharyulu
DirectorLeadership
Aravind Pamali
Director Of Business DevelopmentLeadership
Rajesh Lalwani
Head - India | Embedded And EDA BusinessLeadership
K. K. Nohria
ChairmanBoard & advisors
SS Sundaram
DirectorBoard & advisors
Vice ChairmanBoard & advisors
M V Gowtama
DirectorBoard & advisors
T.S.N.Murthy
DirectorBoard & advisors
Nagendra H P
Senior Executive Talent AcquisitionTeam
Dhananjay To
Lead - AdminTeam
Madhu K M
Marketing ManagerTeam
Vignesh D
Senior Executive Human ResourcesTeam
Archana Ks
Associate Manager HRBPTeam
Sneha M S
Talent Acquisition LeadTeam
Nandinivas R
Hr/ IT RecruiterTeam
Chetan Biluve
Project LeadTeam

9 more people are available in the full profile.

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Complete people profiles for Coreel

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Financials of Coreel

Figures of Coreel Technologies (India) Private Limited, the primary company behind Coreel, for FY 2025. Revenue was ₹335 Cr (+31% year on year). Net profit was ₹52.33 Cr (16% margin). EBITDA was ₹60.86 Cr (18% margin). Revenue has grown at a compounded annual rate of +24% over three years and +24% over five years.

  • ₹335 CrRevenue · FY 2025 · +31% YoY
  • ₹52.33 CrNet profit · 16% margin
  • ₹60.86 CrEBITDA · 18% margin
  • ₹10.41 CrPaid-up capital
  • 506Employees (provident fund records)
  • +24%Revenue CAGR, 3 years
  • +24%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Coreel Technologies (India) Private Limited are on its company page.

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Detailed financial statements for Coreel

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Coreel

4 dated milestones of Coreel across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Coreel is founded.
  2. Funding First funding round of $16.0M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $30.0M.

Web traffic of Coreel

The website of Coreel (coreel.com) receives about 15.4K visits a month.

  • Monthly visits
    15.4K

    ▲ 138.9% vs previous month

Similar websites

Websites whose visitors overlap most with Coreel. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ivi.sourceforge.net
ivi.sourceforge.net
100%
–
nefdesign.com
100%
View details
atrenta.com
100%
View details
realintent.com
100%
3.2K#5,465,334View details
forteds.com
100%
View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 21 similar websites and full traffic analytics for Coreel

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  • 21 similar websites
  • Audience overlap
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Frequently Asked Questions about Coreel

Coreel was founded in 1999 and raised its 1st funding round 24 years after it was founded.

Coreel is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Vishwanath Padur is the CEO of Coreel, as recorded in our data. They have also founded this company.

Coreel is a funded company, having raised a total of $30M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $16M, raised on Nov 2023.

Coreel has 506 employees.

The primary company behind Coreel, Coreel Technologies (India) Private Limited, reported revenue of ₹335 Cr for FY 2025, up 31% year on year.

Developer of advanced electronic systems for aerospace, defense, and higher education. This entity designs and manufactures electronic systems for airborne, ground, and naval applications, including avionics, radars, sonars, electronic warfare systems, missiles, and video applications. It also provides video codec intellectual property cores and customized audio-video products. Furthermore, it offers manufacturing services, from printed circuit boards to complex systems, including mid-life redesign and automated test equipment. Distribution and representation services are provided, along with university solutions focused on enhancing technical education through access to cutting-edge electronics design platforms.

Coreel offers Electronic System Design, Digital Video Solutions, Manufacturing Services, and HPC Solutions.

Coreel has 2 investors. Key investors include 360 One, and ValueQuest.

The valuation of Coreel is $80.34M as of Nov 2023.

Coreel operates through Coreel Technologies (India) Private Limited.

The legal entities of Coreel currently have 9 directors, including Suryanarayanan Neelakantan, Chetan Vadilal Sanghvi, Umesh Devendrakumar Agrawal and others.

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