About CynLr
CynLr is a company based in Bengaluru (India) founded in 2019 by Gokul N A and Nikhil Ramaswamy.. CynLr has raised $15.28 million across 4 funding rounds from investors including Venture Catalysts, Infinyte Club and LetsVenture. The company has 29 employees as of May 20, 2025. CynLr operates in a competitive market with competitors including Carbon Robotics, Agile Robots, Osaro, Vaarst and Intuition Robotics, among others.
- Headquarter Bengaluru, India
- Employees 29 as on 20 May, 2025
- Founders Gokul N A, Nikhil Ramaswamy
- Stage Minicorn
-
Sectors
Industrial Goods & ManufacturingTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Vyuti Systems Private Limited
- Date of Incorporation 10 Apr, 2015
- Jurisdiction Bangaluru, Karnataka, India
-
Annual Revenue
$361.76 K (USD)173.54as on Mar 31, 2024
-
Net Profit
$-1.09 M (USD)-85.3as on Mar 31, 2024
-
EBITDA
$-978.41 K (USD)-42.75as on Mar 31, 2024
-
Total Equity Funding
$15.28 M (USD)
in 4 rounds
-
Latest Funding Round
$10 M (USD), Series A
Nov 05, 2024
-
Investors
Venture Catalysts
& 31 more
-
Employee Count
29
as on May 20, 2025
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of CynLr
CynLr has successfully raised a total of $15.28M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in November 2024. 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 4
- Last Round Series A — $10.0M
-
First Round
First Round
(06 Aug 2019)
- Investors Count 32
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series A - CynLr | Valuation | Pavestone Capital , Athera | |
| Apr, 2022 | Amount | Series A - CynLr | Valuation | Speciale Invest , Growx | |
| Dec, 2021 | Amount | Angel Round - CynLr | Valuation | Kavit Sutariya |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CynLr
CynLr has secured backing from 32 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Venture Catalysts, Infinyte Club and LetsVenture. 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 |
|---|---|---|---|---|
|
Venture capital investments in technology and growth sectors are managed by Pavestone.
|
Founded Year | Domain | Location | |
|
Early-stage venture capital investments are provided by Athera.
|
Founded Year | Domain | Location | |
|
Investing in deep tech startups with a focus on early-stage innovations in technology and engineering.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by CynLr
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - CynLr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cynlr Comparisons
Competitors of CynLr
CynLr 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 Carbon Robotics, Agile Robots, Osaro, Vaarst and Intuition Robotics, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based autonomous weeder robots are developed for agriculture.
|
|
| domain | founded_year | HQ Location |
Deep learning-based vision for autonomous robot perception is provided.
|
|
| domain | founded_year | HQ Location |
Provider of pick and place robotic solutions
|
|
| domain | founded_year | HQ Location |
AI-based robotic analysis solutions for marine applications are provided.
|
|
| domain | founded_year | HQ Location |
AI-based social robots are provided as companions for the elderly.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Cynlr
Frequently Asked Questions about CynLr
When was CynLr founded?
CynLr was founded in 2019.
Where is CynLr located?
CynLr is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of CynLr?
Nikhil Ramaswamy is the current CEO of CynLr. They have also founded this company.
Is CynLr a funded company?
CynLr is a funded company, having raised a total of $15.28M across 4 funding rounds to date.
How many employees does CynLr have?
As of May 20, 2025, the latest employee count at CynLr is 29.
What is the annual revenue of CynLr?
Annual revenue of CynLr is $361.76K as on Mar 31, 2024.
What does CynLr do?
CynLr was founded in 2019 in Bengaluru, India, focusing on the industrial robotics sector. AI-based robotic vision solutions are provided to support operations in unstructured environments. A visual object intelligence platform is offered, allowing robotic arms to detect, interpret, and manipulate objects. Additionally, an object recognition platform is utilized, incorporating deep neural network models and motion feedback within an eye-brain framework. Services target industrial automation needs across various applications.
Who are the top competitors of CynLr?
CynLr's top competitors include Carbon Robotics, Agile Robots and Osaro.
Who are CynLr's investors?
CynLr has 32 investors. Key investors include Venture Catalysts, Infinyte Club, LetsVenture, Z Nation Lab, and Anicut Capital.
What is CynLr's valuation?
The valuation of CynLr is $24.37M as of Nov 2024.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.