MMRFIC

Bengaluru, India Founded: 2014 • Age: 12 yrs
Provider of millimetre wave ICs for communication applications
Annual revenue $910,256 Latest available
Total funding $5.3M 7 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About MMRFIC

MMRFIC is a company based in Bengaluru (India) founded in 2014 by Ravi Vijayaraghavan and Saravana Ganeshan. MMRFIC has raised $5.31 million across 7 funding rounds from investors including Sansera, Rakesh Sharma and Shashank Sharma. MMRFIC operates in a competitive market with competitors including Wavestream, Calterah Semiconductor, SiBEAM, Anokiwave and Mobix Labs, among others.

  • Headquarter Bengaluru, India
  • Founders Ravi Vijayaraghavan, Saravana Ganeshan
  • Stage Minicorn
  • Sectors
    Technology
    Aerospace, Defense & Maritime
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Mmrfic Technology Private Limited
  • Date of Incorporation 20 Nov, 2014
  • Jurisdiction Bangaluru, Karnataka, India
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Aerospace, Defense & Maritime → Defense Systems & Security Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $910.26 K (USD)
    2.07
    as on Mar 31, 2023
  • Net Profit
    $15.45 K (USD)
    -73.56
    as on Mar 31, 2023
  • EBITDA
    -$268.06 K (USD)
    -316.54
    as on Mar 31, 2023
  • Total Equity Funding
    $5.31 M (USD)

    in 7 rounds

  • Latest Funding Round
    $2.36 M (USD), Seed

    Sep 25, 2024

  • Investors
    Sansera

    & 5 more

  • Employee Count
    Not available
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Funding Insights of MMRFIC

MMRFIC has successfully raised a total of $5.31M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $2.36 million completed in September 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.

Investors in MMRFIC

MMRFIC has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include Sansera, Rakesh Sharma and Shashank Sharma.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Precision-engineered components are manufactured in Bengaluru, India.
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Rakesh Sharma

Angel investor and entrepreneur, known for early-stage tech investments in India.
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Shashank Sharma

Angel investor, ex-entrepreneur, focused on early-stage Indian startups
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Investor details for MMRFIC

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Investments & Acquisitions by MMRFIC

Investments
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Investment portfolio details for MMRFIC

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Financial Statements - MMRFIC

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Detailed financials for MMRFIC

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Mmrfic Comparisons

MMRFIC Primary company
Description
Provider of millimetre wave ICs for communication applicatio...
Location
Bengaluru, India
Founded Year
2014
Annual Revenue
$910.26 K (USD)
Net Profit
$15.45 K (USD)
EBITDA
-$268.06 K (USD)
Employees
Not available
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Peer comparison for MMRFIC

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Competitors of MMRFIC

MMRFIC 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 Wavestream, Calterah Semiconductor, SiBEAM, Anokiwave and Mobix Labs, among others.

Company Name Domain Founded year HQ Location Description
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Solide State Amplifiers and Small Cell Radio Nodes
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Developer of CMOS millimeter wave radar sensors
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Millimeter wave technology using the 60Ghz spectrum
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Semiconductor ICs and front ends for mmW markets.
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5G mmWave chips and integrated beamformers are provided for connectivity.
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Millimeter-wave technology is utilized for contactless data transfer.
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Detailed competitors of MMRFIC

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Latest news on Mmrfic

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Frequently Asked Questions about MMRFIC

MMRFIC was founded in 2014 and raised its 1st funding round 1 year after it was founded.

MMRFIC is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Saravana Ganeshan is the current CEO of MMRFIC. They have also founded this company.

MMRFIC is a funded company, having raised a total of $5.31M across 7 funding rounds to date.

Annual revenue of MMRFIC is $910.26K as on Mar 31, 2023.

Provider of millimetre wave ICs for communication applications. It designs and develops mm wave system on chips, amplifiers, cavity filters, and custom RFICs. Its products cater to the development of digital and 5G connectivity solutions.

MMRFIC's top competitors include Calterah Semiconductor, Mobix Labs and Otava.

MMRFIC has 6 investors. Key investors include Sansera, Rakesh Sharma, Shashank Sharma, Pradip Kumar, and Nithya Soundarajan.

The valuation of MMRFIC is $4.91M as of Sep 2022.

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