About Coreel
Coreel is a company based in Bengaluru (India) founded in 1999 by Vishwanath Padur.. Coreel has raised $46 million across 2 funding rounds from investors including 360 One and ValueQuest. The company has 506 employees as of October 09, 2025. Coreel offers products and services including Electronic System Design, Digital Video Solutions, Manufacturing Services, and HPC Solutions. Coreel operates in a competitive market with competitors including Xilinx, Advantech, Kalray, SECO and congatec, among others.
- Headquarter Bengaluru, India
- Employees 506 as on 09 Oct, 2025
- Founders Vishwanath Padur
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Coreel Technologies (India) Private Limited
- Date of Incorporation 20 Apr, 1999
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$37.75 M (USD)31.18as on Mar 31, 2025
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Net Profit
$5.9 M (USD)379.9as on Mar 31, 2025
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EBITDA
$6.86 M (USD)165.38as on Mar 31, 2025
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Total Equity Funding
$46 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series B
Dec 23, 2025
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Investors
360 One
& 1 more
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Employee Count
506
as on Oct 09, 2025
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Develops electronics for defense and aerospace applications
Provides video codec IP cores for various industries
Handles electronics manufacturing and system production
Offers high-performance computing for specialized markets
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Funding Insights of Coreel
Coreel has successfully raised a total of $46M 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 Total Funding
- Total Rounds 2
- Last Round Series B — $30.0M
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First Round
First Round
(24 Nov 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series B - Coreel | Valuation | ValueQuest | |
| Nov, 2023 | Amount | Unspecified - Coreel | Valuation | 360 One |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Coreel
Coreel has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include 360 One and ValueQuest. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Asset and wealth management software is provided for businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Coreel
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Coreel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Coreel Comparisons
Competitors of Coreel
Coreel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xilinx, Advantech, Kalray, SECO and congatec, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Programmable logic devices and embedded solutions are provided.
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Network equipment, automation, and embedded computing solutions are provided.
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| domain | founded_year | HQ Location |
Processing acceleration cards are developed for AI, telecom, and storage.
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| domain | founded_year | HQ Location |
Multiple embedded hardware solutions for diverse applications are manufactured.
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Single-board computers and computer-on-modules are manufactured for industrial applications.
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| domain | founded_year | HQ Location |
Embedded computing products and solutions are provided for industrial applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Coreel
Frequently Asked Questions about Coreel
When was Coreel founded?
Coreel was founded in 1999 and raised its 1st funding round 24 years after it was founded.
Where is Coreel located?
Coreel is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Coreel?
Vishwanath Padur is the current CEO of Coreel. They have also founded this company.
Is Coreel a funded company?
Coreel is a funded company, having raised a total of $46M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $16M, raised on Nov 24, 2023.
How many employees does Coreel have?
As of Oct 09, 2025, the latest employee count at Coreel is 506.
What is the annual revenue of Coreel?
Annual revenue of Coreel is $37.75M as on Mar 31, 2025.
What does Coreel do?
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.
What products or services does Coreel offer?
Coreel offers Electronic System Design, Digital Video Solutions, Manufacturing Services, and HPC Solutions.
Who are Coreel's investors?
Coreel has 2 investors. Key investors include 360 One, and ValueQuest.
What is Coreel's valuation?
The valuation of Coreel is $80.34M as of Nov 2023.
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