About Irillic
Irillic is a Healthcare company based in Bengaluru (India) founded in 2016 by Vijaya Devaiah Berera, Anant Cd, and Saish Kamat, and was acquired by Motherson Group in October 2023. Fluorescence imaging devices are provided for surgical applications. Irillic has raised $941.12 thousand across 5 funding rounds from investors including Motherson, Ramaiah Capital and Karumbaiah Mapangada Somaiah. Irillic was last valued at $3.32 million in January 2022. Its chief executive, as recorded, is Vijaya Devaiah Berera. Its Indian entity Irillic Private Limited reported revenue of ₹11.08 Cr. Irillic offers products and services including Fluorescence Imaging System and Laparoscopic Imaging System. Its focus areas include Life Sciences, Imaging Diagnostics and Diversified.
Company details
Irillic was founded in 2016 and is headquartered in Bengaluru, India. Fluorescence imaging systems are developed and supplied by the company within the medical technology sector. The flagship product, .nm, is employed in surgical oncology, lymphatic surgery, plastic surgery, and reconstructive surgery to support imaging needs during procedures. Operations focus on device provision for healthcare applications in these areas.
- Headquarters Bengaluru, India
- Founders Vijaya Devaiah Berera, Anant Cd, Saish Kamat
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website irillic.com
- Social LinkedIn X Facebook YouTube
- Acquired by Motherson Group (Oct 2023)
- Legal Name Irillic Private Limited
- Date of Incorporation 20 Mar, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹11.08 Cr
FY 2025 · +130% YoY
- Net Loss-₹13.81 Cr
FY 2025 · -125% margin
- EBITDA-₹13.09 Cr
FY 2025 · -118% margin
- Total Equity Funding$941.12K (USD)
in 5 rounds
- Latest Funding Round$66.72K (USD), Seed
Jan 2022
- InvestorsMotherson
& 7 more
- Acquired byMotherson Group
(Oct 2023)
Associated legal entities of Irillic
Irillic operates through Irillic Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Irillic Private Limited CIN U74999KA2017PTC101534 | Active | 20 Mar 2017 | Bangalore, Karnataka | ₹11.1 Cr | 23 | 5 | View details |
Products & Services of Irillic
Irillic offers a comprehensive portfolio of products and services, including Fluorescence Imaging System and Laparoscopic Imaging System.
Enables real-time visualization in surgeries for precise outcomes.
Provides advanced imaging for laparoscopic procedures and accuracy.
Funding Insights of Irillic
Irillic has successfully raised a total of $941.12K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $66.72 thousand completed in January 2022. 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 $941,124
- Total Rounds 5
- Last Round Seed — $66,723
- First Round $451,158
(Nov 2017)
- Investors Count 7
All 5 funding rounds of Irillic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $66,723 | Seed | $3.32M | Ramaiah Capital | – |
| Aug 2020 | $66,805 | Angel Round | $3.25M | Karumbaiah Mapangada Somaiah | – |
| Feb 2020 | Seed | – | Turbostart | – | |
| Apr 2019 | $356,438 | Angel Round | $••••• | M R Kodandaram | – |
| Nov 2017 | $451,158 | Angel Round | $••••• | M R Kodandaram, Subbaiah Cherumandanda |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2022 | $3.32M | •••••••• |
| Aug 2020 | $3.25M | •••••••• |
| Apr 2019 | $••••• | •••••••• |
| Nov 2017 | $••••• | •••••••• |
Full valuation and stage history of Irillic
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $3.32M (Jan 2022). 8 investors in total: 3 institutional and 5 angel.
Investors in Irillic
Irillic has secured backing from 8 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Motherson, Ramaiah Capital and Karumbaiah Mapangada Somaiah.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital financing and ecosystem support for early-stage startups globally. | 2019 | turbostart.co | ||
Offers hassle-free personal and business loans via digital platforms to households. | 2019 | ramaiahcapital.com | Bengaluru, India | |
Electrical distribution systems and wiring harnesses for automobiles are manufactured. | 1975 | motherson.com | Noida, India | |
KM Karumbaiah Mapangada Somaiah | unknown_07dd89668be048dca | |||
MR M R Kodandaram | unknown_4ec6656e21a340219 | |||
SC Subbaiah Cherumandanda | unknown_3af7697bbb844d42a | |||
RT Ravi T Achar | unknown_54b21e03d9f443b29 | |||
NK Natesh Kodancha | unknown_3e19aa8189e34741a |
Investor details for Irillic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Irillic Private Limited (Irillic)
Irillic Private Limited is the primary company behind Irillic. The board of Irillic Private Limited currently have 5 directors; the longest-serving is Vijaya Devaiah Berera, appointed in 2017. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijaya Devaiah Berera DIN 00713784 | Whole-time director | 20 Mar 2017 | 9 yrs 7 mo | Irillic Private Limited |
| Sandeep Digamber Jaipurkar DIN 00049738 | Director | 01 Sep 2020 | 6 yrs 1 mo | Irillic Private Limited |
| Rohitash Gupta DIN 01049454 | Director | 27 Apr 2024 | 2 yrs 5 mo | Irillic Private Limited |
| Sachin Prakash Nene DIN 08571651 | Director | 27 Apr 2024 | 2 yrs 5 mo | Irillic Private Limited |
| Ghanashyam Kamath Kundapur DIN 09076606 | Director | 28 Mar 2025 | 1 yr 6 mo | Irillic Private Limited |
People of Irillic
3 people are tracked at Irillic (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Anant Cd | Co-Founder | Leadership |
Saish Kamat | Co-Founder | Leadership |
Complete people profiles for Irillic
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Irillic
Figures of Irillic Private Limited, the primary company behind Irillic, for FY 2025. Revenue was ₹11.08 Cr (+130% year on year). Net loss was -₹13.81 Cr (-125% margin). EBITDA was -₹13.09 Cr (-118% margin). Revenue has grown at a compounded annual rate of +71% over three years and +69% over five years.
- ₹11.08 CrRevenue · FY 2025 · +130% YoY
- -₹13.81 CrNet loss · -125% margin
- -₹13.09 CrEBITDA · -118% margin
- ₹13.1 LakhPaid-up capital
- 23Employees (provident fund records)
- +71%Revenue CAGR, 3 years
- +69%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Irillic Private Limited are on its company page.
Detailed financial statements for Irillic
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Irillic
5 dated milestones of Irillic across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Irillic is founded.
- Funding First funding round of $451K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $67K.
- Exit Acquired by Motherson Group.
Web traffic of Irillic
The website of Irillic (irillic.com) receives about 1K visits a month.
- Monthly visits1K
▼ 83.5% vs previous month
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Complete news archive for Irillic
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Frequently Asked Questions about Irillic
Irillic was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Irillic is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vijaya Devaiah Berera is the CEO of Irillic, as recorded in our data. They have also founded this company.
Irillic is a funded company, having raised a total of $941.12K across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $451.16K, raised on Nov 2017.
The primary company behind Irillic, Irillic Private Limited, reported revenue of ₹11.08 Cr for FY 2025, up 130% year on year.
Irillic was founded in 2016 and is headquartered in Bengaluru, India. Fluorescence imaging systems are developed and supplied by the company within the medical technology sector. The flagship product, .nm, is employed in surgical oncology, lymphatic surgery, plastic surgery, and reconstructive surgery to support imaging needs during procedures. Operations focus on device provision for healthcare applications in these areas.
Irillic offers Fluorescence Imaging System and Laparoscopic Imaging System.
Irillic has 8 investors. Key investors include Motherson, Ramaiah Capital, Karumbaiah Mapangada Somaiah, Turbostart, and M R Kodandaram.
The valuation of Irillic is $3.32M as of Jan 2022.
Irillic operates through Irillic Private Limited.
Yes. Irillic was acquired by Motherson Group in October 2023.
The legal entities of Irillic currently have 5 directors, including Rohitash Gupta, Ghanashyam Kamath Kundapur, Sachin Prakash Nene and others.