About MMRFIC
MMRFIC is a Technology company based in Bengaluru (India) founded in 2014 by Ravi Vijayaraghavan and Saravana Ganeshan. It operates in the Technology and Aerospace, Defense & Maritime sectors. MMRFIC has raised $5.31 million across 7 funding rounds from investors including Sansera, Rakesh Sharma and Shashank Sharma. MMRFIC was last valued at $4.91 million in September 2022. Its chief executive is Saravana Ganeshan. Its Indian entity Mmrfic Technology Private Limited reported revenue of ₹23.44 Cr. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, Communication ICs and Millimeter Wave. Its competitors include Wavestream, Calterah Semiconductor, SiBEAM, Anokiwave and Mobix Labs and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Founders Ravi Vijayaraghavan, Saravana Ganeshan
- Stage Minicorn
- SectorsTechnologyAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website mmrfic.com
- Social X
- Legal Name Mmrfic Technology Private Limited
- Date of Incorporation 20 Nov, 2014
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹23.44 Cr
FY 2025 · +53% YoY
- Net Profit₹1.89 Cr
FY 2025 · 8% margin
- EBITDA₹9.70 Cr
FY 2025 · 41% margin
- Total Equity Funding$5.31M (USD)
in 7 rounds
- Latest Funding Round$2.36M (USD), Seed
Sep 2024
- InvestorsSansera
& 5 more
Associated legal entities of MMRFIC
MMRFIC operates through Mmrfic Technology 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 |
|---|---|---|---|---|---|---|---|
| Mmrfic Technology Private Limited CIN U72200KA2014PTC077359 | Active | 20 Nov 2014 | Bangalore, Karnataka | ₹23.4 Cr | 57 | 4 | View details |
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.
- Total Funding $5.31M
- Total Rounds 7
- Last Round Seed — $2.36M
- First Round $52,966
(Nov 2015)
- Investors Count 6
All 7 funding rounds of MMRFIC 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 |
|---|---|---|---|---|---|
| Sep 2024 | $2.36M | Seed | – | Sansera | – |
| Mar 2023 | $2.43M | Seed | – | Sansera | – |
| Sep 2022 | $122,398 | Angel Round | $4.91M | Rakesh Sharma | – |
| Apr 2021 | $68,050 | Angel Round | $5.24M | Shashank Sharma | – |
| Dec 2018 | $265,072 | Angel Round | $••••• | Rakesh Sharma | |
| Sep 2016 | $15,062 | Angel Round | – | Sahana Rakesh, Nithya Soundarajan | – |
| Nov 2015 | $52,966 | Angel Round | $••••• | Sahana Rakesh |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2022 | $4.91M | •••••••• |
| Apr 2021 | $5.24M | •••••••• |
| Dec 2018 | $••••• | •••••••• |
Full valuation and stage history of MMRFIC
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 $4.91M (Sep 2022). 6 investors in total: 1 institutional and 5 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Precision-engineered components are manufactured in Bengaluru, India. | 1981 | sansera.in | Bengaluru, India | |
RS Rakesh Sharma | Angel investor and entrepreneur, known for early-stage tech investments in India. | – | unknown_50c55c697f26481ab | - |
SS Shashank Sharma | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | – | unknown_449736f66ce34f5aa | - |
PK Pradip Kumar | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_eed183b7a3834c08a | - |
NS Nithya Soundarajan | - | – | unknown_6bb2a73d956f406f8 | - |
SR Sahana Rakesh | - | – | unknown_48c0ea615f1548ec8 | - |
Investor details for MMRFIC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Mmrfic Technology Private Limited (MMRFIC)
Mmrfic Technology Private Limited is the primary company behind MMRFIC. The board of Mmrfic Technology Private Limited currently have 4 directors; the longest-serving is Saravana Kumar Ganeshan, appointed in 2014. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saravana Kumar Ganeshan DIN 06877397 | Director | 20 Nov 2014 | 11 yrs 11 mo | Mmrfic Technology Private Limited |
| Ravi Commandur Vijayaraghavan DIN 07811598 | Director | 04 May 2017 | 9 yrs 5 mo | Mmrfic Technology Private Limited |
| Subramonia Sekhar Vasan DIN 00361245 | Nominee Director | 18 Aug 2023 | 3 yrs 2 mo | Mmrfic Technology Private Limited |
| Samir Purushottam Inamdar DIN 00481968 | Nominee Director | 18 Aug 2023 | 3 yrs 2 mo | Mmrfic Technology Private Limited |
People of MMRFIC
2 people are tracked at MMRFIC (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO & CTO | Leadership |
Complete people profiles for MMRFIC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of MMRFIC
Figures of Mmrfic Technology Private Limited, the primary company behind MMRFIC, for FY 2025. Revenue was ₹23.44 Cr (+53% year on year). Net profit was ₹1.89 Cr (8% margin). EBITDA was ₹9.70 Cr (41% margin). Revenue has grown at a compounded annual rate of +47% over three years and +58% over five years.
- ₹23.44 CrRevenue · FY 2025 · +53% YoY
- ₹1.89 CrNet profit · 8% margin
- ₹9.70 CrEBITDA · 41% margin
- ₹1.60 CrPaid-up capital
- 57Employees (provident fund records)
- +47%Revenue CAGR, 3 years
- +58%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mmrfic Technology Private Limited are on its company page.
Detailed financial statements for MMRFIC
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 MMRFIC
4 dated milestones of MMRFIC across 10 years, from founding to its latest funding, stage changes and deals.
- Founded MMRFIC is founded.
- Funding First funding round of $53K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $2.4M.
Competitors of MMRFIC
MMRFIC has 9 listed competitors in our database, 6 of them funded. They include Wavestream, Calterah Semiconductor, SiBEAM, Anokiwave and Mobix Labs, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wavestreamwireless.com | 2001 | San Dimas, United States | $35M | – | Solide State Amplifiers and Small Cell Radio Nodes | |
| calterah.com | 2014 | Shanghai, China | – | – | Developer of CMOS millimeter wave radar sensors | |
| sibeam.com | 2004 | Sunnyvale, United States | $149.8M | – | Millimeter wave technology using the 60Ghz spectrum | |
| anokiwave.com | 1999 | San Diego, United States | $40.06M | 117 | Semiconductor ICs and front ends for mmW markets. | |
| mobixlabs.com | 2020 | Irvine, United States | $12.5M | 43 | 5G mmWave chips and integrated beamformers are provided for connectivity. | |
| keyssa.com | 2009 | Campbell, United States | $42.03M | – | Millimeter-wave technology is utilized for contactless data transfer. | |
| sivers-semiconductors.com | 1951 | Stockholm, Sweden | – | – | ICs and integrated modules are supplied by Sivers Semiconductors. | |
| ommic.com | 2000 | Limeil Brevannes, France | – | – | Manufacturer of III-V microwave and millimeter wave MMICs | |
| otavainc.com | 2017 | Moorestown, United States | $11.57M | – | Provider of millimetre wave ICs |
Detailed competitors of MMRFIC
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of MMRFIC
The website of MMRFIC (mmrfic.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 16.4% vs previous month
Top companies in Semiconductors & ICs
10 companies that operate in the same segment as MMRFIC (Semiconductors & ICs), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,820 | |
Provider of cloud and AI-based cellular communication ICs | 1985 | San Diego, California, United States | – | USD 44.28 B | 49,000 | |
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | Berkeley, California, United States | USD 195.62 M | USD 7.09 M | 140 | |
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 36,000 | |
High-performance CPUs and GPUs are developed for computing applications. | 1969 | Santa Clara, California, United States | – | USD 25.79 B | 28,000 | |
Diverse semiconductor manufacturers | 1987 | Geneve, Geneve, Switzerland | – | USD 12.29 B | 49,600 | |
Internet first brand offering analog, mixed-signal, and audio DSP integrated circuits | 1984 | Austin, Texas, United States | – | USD 2 B | 1,660 | |
GaN-based power management ICs are manufactured for electronic devices. | 2014 | Dublin, Ireland | USD 49.6 M | USD 83.3 M | 280 | |
Semiconductor ICs and microprocessors are designed and manufactured. | 1968 | Santa Clara, California, United States | – | USD 52.85 B | 108,900 | |
CMOS-based image sensors are developed for autonomous vision applications. | 2017 | Israel | USD 96 M | – | – |
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Related news about Mmrfic
Complete news archive for 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. The company's 1st funding round was a Angel Round of $52.97K, raised on Nov 2015.
The primary company behind MMRFIC, Mmrfic Technology Private Limited, reported revenue of ₹23.44 Cr for FY 2025, up 53% year on year.
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.
MMRFIC operates through Mmrfic Technology Private Limited.
The legal entities of MMRFIC currently have 4 directors, including Subramonia Sekhar Vasan, Saravana Kumar Ganeshan, Ravi Commandur Vijayaraghavan and others.