About Velmenni
Velmenni is a company based in Delhi (India) founded in 2013 by Ujjwal Minocha and Deepak Solanki. Velmenni has raised $3.67 million across 7 funding rounds from investors including Rosmerta Technologies, Ministry of Defence and Department of Telecommunications. The company has 18 employees as of April 04, 2024. Velmenni offers products and services including LiFi for Indoors and LC for Outdoors. Velmenni operates in a competitive market with competitors including pureLiFi, Lucibel, Lightbee, Luciom and VLNcomm, among others.
- Headquarter Delhi, India
- Employees 18 as on 04 Apr, 2024
- Founders Ujjwal Minocha, Deepak Solanki
- Stage Minicorn
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Sectors
TechnologyTelecommunications
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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 Velmenni Research & Development Private Limited
- Date of Incorporation 21 Aug, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$108.25 K (USD)-68.93as on Mar 31, 2021
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Net Profit
-$123.98 K (USD)-1338.06as on Mar 31, 2021
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EBITDA
-$150.85 K (USD)-421.17as on Mar 31, 2021
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Total Equity Funding
$3.67 M (USD)
in 7 rounds
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Latest Funding Round
$3.3 M (USD), Seed
Mar 17, 2026
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Investors
Rosmerta Technologies
& 5 more
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Employee Count
18
as on Apr 04, 2024
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Products & Services of Velmenni
Velmenni offers a comprehensive portfolio of products and services, including LiFi for Indoors and LC for Outdoors.
High-speed indoor data transmission using light to avoid RF interference.
Outdoor light-based solutions for secure data transfer in various settings.
People of Velmenni
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Funding Insights of Velmenni
Velmenni has successfully raised a total of $3.67M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $3.3 million completed in March 2026. 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 Velmenni
Velmenni has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Rosmerta Technologies, Ministry of Defence and Department of Telecommunications.
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Investor details for Velmenni
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Investments & Acquisitions by Velmenni
Investment portfolio details for Velmenni
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Financial Statements - Velmenni
Detailed financials for Velmenni
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Velmenni Comparisons
Peer comparison for Velmenni
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Competitors of Velmenni
Velmenni 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 pureLiFi, Lucibel, Lightbee, Luciom and VLNcomm, among others.
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LiFi technology is developed for wireless data transmission using light.
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Manufactures LED lighting products and offers technical services for offices, health, and industry sectors.
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LiFi products and solutions are provided for LED-based communications.
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LiFi infrastructure enables data transmission via light networks.
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VLC systems are developed for homes and urban public spaces.
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Detailed competitors of Velmenni
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Latest news on Velmenni
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Frequently Asked Questions about Velmenni
Velmenni was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Velmenni is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Deepak Solanki is the current CEO of Velmenni. They have also founded this company.
Velmenni is a funded company, having raised a total of $3.67M across 7 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Velmenni is 18.
Annual revenue of Velmenni is $108.25K as on Mar 31, 2021.
Velmenni was founded in 2013 in Delhi, India, focusing on the visible light communications sector. Li-Fi technology is utilized to transmit data through light rather than radio frequencies. File sharing, high-speed internet access, and communication are facilitated via this system. Applications encompass indoor positioning, mapping, security, and localized advertising. Operations are centered on developing and deploying these light-based solutions.
Velmenni offers LiFi for Indoors and LC for Outdoors.
Velmenni has 6 investors. Key investors include Rosmerta Technologies, Ministry of Defence, Department of Telecommunications, Buildit, and pi Ventures.
The valuation of Velmenni is $7.42M as of Jul 2023.