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Coreel - About the company

Coreel is a series B company based in Bengaluru (India), founded in 1999 by Vishwanath Padur and Ravi Sharma. It operates as a Provider of advanced electronic system-level products and technology solutions. Coreel has raised $46M in funding from ValueQuest and 360 One, with a current valuation of $*****. The company has 541 active competitors, including 46 funded and 61 that have exited. Its top competitors include companies like Palantir, Sanlayan and BBBS.

Company Details

Provider of advanced electronic system-level products and technology solutions. It caters to defense, aerospace, and high-performance computing. This entity designs and manufactures electronic systems for airborne, ground, and naval applications, including avionics, radars, sonars, electronic warfare systems, missiles, and video applications. It also provides video codec intellectual property cores and customized audio-video products. It also offers manufacturing services, from printed circuit boards to complex systems, including mid-life redesign and automated test equipment. Distribution and representation services are provided, along with university solutions focused on enhancing technical education through access to cutting-edge electronics design platforms.
Website
coreel.com
Social
X
Email ID
*****@coreel.com
Phone Number
+91 **********
Registered Address
21, 7TH MAIN, 1ST BLOCK KORAMANGALA, BANGALORE, Karnataka, India, 560034
Key Metrics
Founded Year
1999
Location
Bengaluru, India
Stage
Series B
Total Funding
$46M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 17, 2025
Investors
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
601 as on Aug 31, 2025
Similar Companies
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Coreel's funding and investors

Coreel has raised a total funding of $46M over 2 rounds. Its first funding round was on Nov 24, 2023. Its latest funding round was a Series B round on Dec 17, 2025 for $*****. 3 investors participated in its latest round. Coreel has 2 institutional investors and 40 angel investors.

Here is the list of recent funding rounds of Coreel:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 17, 2025
4186475
Series B
9605786
3921191
6943495
2374963
Nov 24, 2023
8483925
Series A
2435125
2695901
2292300
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Coreel's founders and board of directors

Founder? Claim Profile
The founders of Coreel are Vishwanath Padur and Ravi Sharma. Vishwanath Padur and are the CEOs of Coreel.
Here are the details of Coreel's key team members:

Coreel's Board of Directors

Coreel's board has 6 active members. Vishwanath Padur and Umesh Devendrakumar Agrawal are part of team and Chetan Sanghvi, Venkateswara Gowtama Mannava, Subramaniam Sundaram and Suryanarayanan Neelakantan are independent board members.
Here is the list of Coreel's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
22y 1m
Investor
-
Current
2y 3m
Independent board member
-
Current
27y 2m
twsvytx
Independent board member
-
Current
4y 3m
zdxtvnk
Independent board member
-
Current
9y 4m
cwbzfqw
Independent board member
-
Current
8y 2m

Coreel's employee count trend

Coreel has 601 employees as of Aug 25. The total employee count is 13.0% more than what it was in Aug 24. Here is Coreel's employee count trend over the years:
Employee count trend for Coreel
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Coreel's Competitors and alternates

Top competitors of Coreel include Palantir, Sanlayan and BBBS. Here is the list of Top 10 competitors of Coreel, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Palantir
Palantir
2003, Denver (United States), Public
Platform that provides data analysis and management solutions
$2.46B
84/100
2nd
Logo for Sanlayan
Sanlayan
2023, Bengaluru (India), Series A
Manufacturer of electronic systems for defense and aerospace technology applications
$26.7M
68/100
3rd
Logo for BBBS
BBBS
2018, Chennai (India), Series C
Manufacturer of electronic warfare systems and autonomous defense technology platforms
$37.7M
65/100
4th
Logo for Coreel
Coreel
1999, Bengaluru (India), Series B
Provider of advanced electronic system-level products and technology solutions
$46M
63/100
5th
Logo for Cubic
Cubic
1951, San Diego (United States), Acquired
Provider of integrated solutions for public transportation and defence sectors
-
63/100
6th
Logo for Govini
Govini
2011, San Francisco (United States), Series D
Developer of software for defense acquisition, supply chain, and logistics
$170M
62/100
7th
Logo for Constelli
Constelli
2017, Hyderabad (India), Series A
Developer of signal processing solutions for defense and aerospace
$23.9M
61/100
8th
Logo for Forterra
Forterra
2002, Clarksburg (United States), Series C
Autonomous vehicle systems for defense and commercial use
$263M
59/100
9th
Logo for Scout AI
Scout AI
2024, Sunnyvale (United States), Series A
AI-powered robotic systems for defense and related applications
$115M
59/100
10th
Logo for Atech
Atech
2009, Sao Paulo (Brazil), Acquired
Provides air traffic management and mission-critical support tools
$22.8M
59/100
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Coreel's Latest cap tables and shareholding

Founders (largest shareholder) own 55.66%, Funds own 25.73%, Angels own 3.91% and Other People own 6.23%. The net worth of Coreel's founders is INR 976Cr as of Dec 17, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
55.66%
976Cr
3304305
8180327
4702237
6765275
82358
62774
96023
27328
17775
88972
Fund
25.73%
451Cr
4343403
6673498
5659528
2733604
24273
38291
29016
35624
48079
89494
615
816
487
875
503
458
Angel
3.91%
68.5Cr
818
168
793
624
Other People
6.23%
109Cr
482841
569391
319794
934629
ESOP Pool
4.34%
76.1Cr
2271
2203
7825
8085
Other Investors
4.14%
72.6Cr
2770
9405
9386
4602
Total
100.00%
1,750Cr
6213293
6611985
7003507
4100842
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Coreel's Shareholding

Coreel's Investments and acquisitions

Coreel has made no investments or acquisitions yet.

Reports related to Coreel

Here is the latest report on Coreel's sector:

News related to Coreel

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Media has covered Coreel for a total of 5 events in the last 1 year, 1 of them has been about company updates.
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