About Virtual Logic Systems
Virtual Logic Systems is a Technology company based in Bengaluru (India) founded in 2006 by Sudarshan Ramachandraiah. VR solutions are developed for manufacturing and real estate sectors. Virtual Logic Systems has raised $1.89 million across 5 funding rounds from investors including Swarnim Multiventures, Pratap Kunda and Sreenidhi G. Virtual Logic Systems was last valued at $3.02 million in March 2014. Its Indian entity Virtual Logic Systems Private Limited reported revenue of ₹83.4 Lakh. Its focus areas include High Tech, Virtual Reality, Applications and Real Estate & Architecture. Its competitors include Flipspaces, Trezi and Foyr; 3 of its 3 listed competitors have raised funding.
Company details
Virtual Logic Systems was founded in 2006 and is based in Bengaluru, India. VR solutions tailored for manufacturing and real estate applications are developed by the company. Emphasis is placed on products involving virtual reality, simulation, mechatronics, and 3D stereoscopic technologies. Operations center on creating specialized tools to support industry-specific virtual environments and simulations.
- Headquarters Bengaluru, India
- Founders Sudarshan Ramachandraiah
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website virtuallogicsys.com
- Social LinkedIn
- Legal Name Virtual Logic Systems Private Limited
- Date of Incorporation 16 Jan, 2006
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹83.4 Lakh
FY 2017 · +56% YoY
- Net Loss-₹40.2 Lakh
FY 2017 · -48% margin
- EBITDA-₹11 Lakh
FY 2017 · -13% margin
- Total Equity Funding$1.89M (USD)
in 5 rounds
Associated legal entities of Virtual Logic Systems
Virtual Logic Systems operates through Virtual Logic Systems Private Limited (dissolved (liquidated)). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Virtual Logic Systems Private Limited CIN U72200KA2006PTC038258 | Dissolved (Liquidated) | 16 Jan 2006 | Bangalore, Karnataka | ₹0.8 Cr | 41 | 2 | View details |
Funding Insights of Virtual Logic Systems
Virtual Logic Systems has successfully raised a total of $1.89M across 5 strategic funding rounds. 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 $1.89M
- Total Rounds 5
- First Round $80,301
(Aug 2007)
- Investors Count 31
All 5 funding rounds of Virtual Logic Systems 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 2015 | Seed | – | – | ||
| Feb 2015 | $581,576 | Seed | – | – | – |
| Mar 2014 | $1.18M | Angel Round | $3.02M | Pratap Kunda, Vishnu Bhoopal Gorantala | |
| Sep 2009 | $45,907 | Angel Round | $1.42M | Rucha Prasanna Kabra | – |
| Aug 2007 | $80,301 | Angel Round | $••••• | Bhagyashree Govindaraj, Asha B S |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2014 | $3.02M | •••••••• |
| Sep 2009 | $1.42M | •••••••• |
Last known valuation $3.02M (Mar 2014). 31 investors in total: 1 institutional and 30 angel.
Investors in Virtual Logic Systems
Virtual Logic Systems has secured backing from 31 investors, including venture fund and angel investors. Prominent investors backing the company include Swarnim Multiventures, Pratap Kunda and Sreenidhi G.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward multiple sectors. | swarnimmultiventures.tcc.mode | Hyderabad, India | ||
PK Pratap Kunda | Angel investor and entrepreneur with focus on Indian startups and technology. | unknown_39514013f1fc4888b | ||
SG Sreenidhi G | unknown_3bc881c68cc64577b | |||
AB Asha B S | unknown_ed3ccc2940c345b49 | |||
AB Abhay B R | unknown_779b3f087a434d71a | |||
ST Sudhindra T C | unknown_9959c275760448eca | |||
KB Kavitha B | unknown_c6d2a3d10207423e9 | |||
RD Ronald D'Souza | Angel investor and entrepreneur, focused on tech startups in India. | unknown_e3da9c09b503482ea | ||
VS Venkatesh Swatantra | unknown_ae140d74ff86423c8 | |||
MR Madhwa Raj MB | unknown_6705f2dbcd4545678 |
Investor details for Virtual Logic Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Virtual Logic Systems Private Limited (Virtual Logic Systems)
Virtual Logic Systems Private Limited is the primary company behind Virtual Logic Systems. The board of Virtual Logic Systems Private Limited currently have 2 directors; the longest-serving is Surya Prakash Mysore Srinivasa Murthy, appointed in 2006. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Surya Prakash Mysore Srinivasa Murthy DIN 00994065 | Director | 16 Jan 2006 | 20 yrs 9 mo | Virtual Logic Systems Private Limited |
| Sudarshan Ramachandraiah DIN 00836903 | Managing Director | 16 Jan 2006 | 20 yrs 9 mo | Virtual Logic Systems Private Limited |
People of Virtual Logic Systems
1 people are tracked at Virtual Logic Systems (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Managing Director | Leadership |
Complete people profiles for Virtual Logic Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Virtual Logic Systems
Figures of Virtual Logic Systems Private Limited, the primary company behind Virtual Logic Systems, for FY 2017. Revenue was ₹83.4 Lakh (+56% year on year). Net loss was -₹40.2 Lakh (-48% margin). EBITDA was -₹11 Lakh (-13% margin). Revenue has grown at a compounded annual rate of -41% over three years.
- ₹83.4 LakhRevenue · FY 2017 · +56% YoY
- -₹40.2 LakhNet loss · -48% margin
- -₹11 LakhEBITDA · -13% margin
- ₹5.54 CrPaid-up capital
- 41Employees (provident fund records)
- -41%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Virtual Logic Systems Private Limited are on its company page.
Detailed financial statements for Virtual Logic Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Virtual Logic Systems
4 dated milestones of Virtual Logic Systems across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Virtual Logic Systems is founded.
- Funding First funding round of $80K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
Competitors of Virtual Logic Systems
Virtual Logic Systems has 3 listed competitors in our database, 3 of them funded. They include Flipspaces, Trezi and Foyr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flipspaces.com | 2011 | Mumbai, India | $21.3M | 293 | Provider of interior design, product supply, and project management services for facilities | |
| trezi.com | 2014 | Noida, India | $6.51M | 42 | Immersive AR/VR platform for collaborative design is developed. | |
| foyr.com | 2014 | Hyderabad, India | $5.86M | Provider of cloud-based interior design software platform |
Detailed competitors of Virtual Logic Systems
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Related news about Virtual Logic Systems
Complete news archive for Virtual Logic Systems
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Frequently Asked Questions about Virtual Logic Systems
Virtual Logic Systems was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Virtual Logic Systems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Virtual Logic Systems is a funded company, having raised a total of $1.89M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $80.3K, raised on Aug 2007.
The primary company behind Virtual Logic Systems, Virtual Logic Systems Private Limited, reported revenue of ₹83.4 Lakh for FY 2017, up 56% year on year.
Virtual Logic Systems was founded in 2006 and is based in Bengaluru, India. VR solutions tailored for manufacturing and real estate applications are developed by the company. Emphasis is placed on products involving virtual reality, simulation, mechatronics, and 3D stereoscopic technologies. Operations center on creating specialized tools to support industry-specific virtual environments and simulations.
Virtual Logic Systems's top competitors include Flipspaces, Foyr and Trezi.
Virtual Logic Systems has 31 investors. Key investors include Swarnim Multiventures, Pratap Kunda, Sreenidhi G, Asha B S, and Abhay B R.
The valuation of Virtual Logic Systems is $3.02M as of Mar 2014.
Virtual Logic Systems operates through Virtual Logic Systems Private Limited.
The legal entities of Virtual Logic Systems currently have 2 directors, including Surya Prakash Mysore Srinivasa Murthy, Sudarshan Ramachandraiah.