About Irillic
Irillic is a company based in Bengaluru (India) founded in 2016 by Vijaya Devaiah Berera, Anant Cd, and Saish Kamat was acquired by Motherson Group in October 2023. Irillic has raised $941.12 thousand across 5 funding rounds from investors including Motherson, Ramaiah Capital and Karumbaiah Mapangada Somaiah. Irillic offers products and services including Fluorescence Imaging System and Laparoscopic Imaging System. Irillic operates in a competitive market with competitors including Olympus, Siemens Healthineers, Lantheus, Varex and Carestream, among others.
- Headquarter Bengaluru, India
- Founders Vijaya Devaiah Berera, Anant Cd, Saish Kamat
- Stage Minicorn
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Sectors
Healthcare
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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 Irillic Private Limited
- Date of Incorporation 20 Mar, 2017
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$267.16 K (USD)-3.17as on Mar 31, 2022
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Net Profit
-$165.03 K (USD)-112.55as on Mar 31, 2022
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EBITDA
-$60.53 K (USD)48.58as on Mar 31, 2022
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Total Equity Funding
$941.12 K (USD)
in 5 rounds
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Latest Funding Round
$66.72 K (USD), Seed
Jan 07, 2022
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Investors
Motherson
& 7 more
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Employee Count
Not available
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Acquired by
Motherson Group
(Oct 21, 2023)
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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.
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.
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Venture capital financing and ecosystem support for early-stage startups globally.
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Offers hassle-free personal and business loans via digital platforms to households.
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Electrical distribution systems and wiring harnesses for automobiles are manufactured.
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Investor details for Irillic
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Investments & Acquisitions by Irillic
Investment portfolio details for Irillic
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Financial Statements - Irillic
Detailed financials for Irillic
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Irillic Comparisons
Peer comparison for Irillic
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Competitors of Irillic
Irillic 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 Olympus, Siemens Healthineers, Lantheus, Varex and Carestream, among others.
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Manufacturer of imaging and surgical products
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AI-based medical diagnostics are developed for healthcare applications.
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Developer of diagnostic imaging agents and targeted therapeutics
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Developer of imaging equipment and accessories
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Developer of diagnostic imaging and healthcare information technology systems for hospital use
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Provider of portfolio of imaging devices for diagnostic and treatment purposes
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Detailed competitors of Irillic
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Latest news on Irillic
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 current CEO of Irillic. They have also founded this company.
Irillic is a funded company, having raised a total of $941.12K across 5 funding rounds to date.
Annual revenue of Irillic is $267.16K as on Mar 31, 2022.
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's top competitors include Olympus, Siemens Healthineers and United Imaging Healthcare.
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.