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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- 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.
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
People of Coreel
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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.
Investors in Coreel
Coreel has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include 360 One and ValueQuest.
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Investor details for Coreel
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Investments & Acquisitions by Coreel
Investment portfolio details for Coreel
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Financial Statements - Coreel
Detailed financials for Coreel
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Coreel Comparisons
Peer comparison for Coreel
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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.
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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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Processing acceleration cards are developed for AI, telecom, and storage.
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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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Embedded computing products and solutions are provided for industrial applications.
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Detailed competitors of Coreel
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Latest news on Coreel
Complete news archive for Coreel
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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 current CEO of Coreel. They have also founded this company.
Coreel is a funded company, having raised a total of $46M across 2 funding rounds to date.
As of Oct 09, 2025, the latest employee count at Coreel is 506.
Annual revenue of Coreel is $37.75M as on Mar 31, 2025.
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.