When was Coreel founded?

Coreel was founded in 1999 and raised its 1st funding round 24 years after it was founded.

Where is Coreel located?

Coreel is headquartered in Bengaluru, India. It is registered at No. 3, Salarpuria Citadel, Hosur Road, Adugodi, Bangalore, Bangalore South, Karnataka, India, 560030.

Who is the current CEO of Coreel?

Vishwanath Padur of Coreel. They have also founded 1 company.

Which legal entities is Coreel associated with?

Coreel is associated with COREEL TECHNOLOGIES (INDIA) PRIVATE LIMITED.

How many employees does Coreel have?

As of Aug 31, 2025, the latest employee count at Coreel is 601.

Is Coreel a funded company?

Coreel is a funded company, having raised a total of $46M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 24, 2023.

How much is Coreel worth?

The latest valuation of Coreel is $***** as of Dec 17, 2025.

When was the latest funding round of Coreel?

Coreel's latest funding was a $***** Series B round on Dec 17, 2025, with participation from 3 investors.

What is the annual revenue of Coreel?

Annual revenue of Coreel is between ₹100 Cr and ₹500 Cr as on Mar 31, 2026

Where does Coreel rank among its competitors?

Coreel ranks 4th amongst 541 active competitors, of which 46 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Scout AI, which secured $100M in Apr, 2026.

Who are the top competitors of Coreel?

Coreel's top competitors include Palantir, Sanlayan and BBBS. Among them, Scout AI secured the most recent funding round in April, 2026.

Coreel - 2026 Company Profile, Team, Funding, Competitors & Financials

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
Email ID: *****@coreel.com
Phone Number: +91 **********
Registered Address: No. 3, Salarpuria Citadel, Hosur Road, Adugodi, Bangalore, Bangalore South, Karnataka, India, 560030

Key Metrics

Founded Year

1999

Location

Bengaluru, India

Stage

Series B

Total Funding

$46M in 2 rounds

Latest Funding Round

Series B, Dec 17, 2025, $*****

Post Money Valuation

$***** as on Dec 17, 2025

Investors

ValueQuest & 41 more

Ranked

4^th among 541 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2026

Employee Count

601 as on Aug 31, 2025

Similar Companies

Palantir & 371 more

View Coreel's full profile

Coreel is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
COREEL TECHNOLOGIES (INDIA) PRIVATE LIMITED CIN: U72200KA1999PTC033050 , India, Active	Apr 20, 1999	₹100 - ₹500 Cr (As on Mar 31, 2026)	601 (As on Aug 31, 2025)

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	5214870	Series B	7088875	7022086	4111287	9981436
Nov 24, 2023	6541549	Series A	1885676	9864571	360 One	7676501

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View details of Coreel's funding rounds and investors

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:

Vishwanath Padur: Founder & CEO of Coreel. They serve on the boards of 2 companies.
Contact Info: 1 email address
Ravi Sharma: Co-Founder of Coreel.

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
Vishwanath Padur	Team	-	Current	22y 1m
Umesh Devendrakumar Agrawal	Investor	-	Current	2y 3m
Chetan Sanghvi	Independent board member	-	Current	27y 2m
xzkyffl	Independent board member	-	Current	6y 2m
cbqiwyb	Independent board member	-	Current	2y 7m
jqtycnw	Independent board member	-	Current	3y 4m

View details of Coreel's Founder profiles and Board Members

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:

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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	Palantir 2003, Denver (United States), Public	Platform that provides data analysis and management solutions	$2.46B	Founders Fund, Artis Ventures & 170 others	84/100
2nd	Sanlayan 2023, Bengaluru (India), Series A	Manufacturer of electronic systems for defense and aerospace technology applications	$26.7M	Jungle Ventures, Rba Finance & 20 others	68/100
3rd	BBBS 2018, Chennai (India), Series C	Manufacturer of electronic warfare systems and autonomous defense technology platforms	$37.7M	Mumbai Angels, 35North Ventures & 88 others	65/100
4th	Coreel 1999, Bengaluru (India), Series B	Provider of advanced electronic system-level products and technology solutions	$46M	360 One, ValueQuest & 40 others	64/100
5th	Cubic 1951, San Diego (United States), Acquired	Provider of integrated solutions for public transportation and defence sectors	-	De Incubator, Military Health	63/100
6th	Govini 2011, San Francisco (United States), Series D	Developer of software for defense acquisition, supply chain, and logistics	$170M	Salesforce Ventures, Accel & 3 others	62/100
7th	Constelli 2017, Hyderabad (India), Series A	Developer of signal processing solutions for defense and aerospace	$23.9M	Pravega Ventures, General Catalyst & 13 others	61/100
8th	Forterra 2002, Clarksburg (United States), Series C	Autonomous vehicle systems for defense and commercial use	$263M	Moore Strategic Ventures, Hedosophia & 17 others	59/100
9th	Scout AI 2024, Sunnyvale (United States), Series A	AI-powered robotic systems for defense and related applications	$115M	Align Ventures, Draper & 17 others	59/100
10th	Atech 2009, Sao Paulo (Brazil), Acquired	Provides air traffic management and mission-critical support tools	$22.8M	Embraer, Pelican Capital	59/100

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COREEL TECHNOLOGIES (INDIA) PRIVATE LIMITED, the legal entity associated with Coreel, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of COREEL TECHNOLOGIES (INDIA) PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 60% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	8429	6636	7503	2049	8342
Total Sales	3239	8251	7186	1284	6893
Total Expenses	8434	8338	4648	1002	6001
Operating Expenses	9343	7509	7049	4679	2780
Employee Expenses	6363	9836	8409	9563	6619
Marketing Expenses	1962	3431	5975	6881	6026
Operating Income (EBIT)	6423	7341	8921	9863	9329
Interest Expenses	3922	4472	3854	2524	2521
Expenses from other activities	3213	6386	4882	6035	7283
EBITDA	6812	5916	2877	5657	3367
Taxes	6610	7902	3481	4845	2191
Net Profit	3213	5580	4623	8063	4883
Balance Sheet
Assets	4669	6475	7794	3767	3410
Cash Equivalent	7528	1848	4947	6795	3588
Accounts Receivables	3287	9549	7568	2558	5030
Inventory	1763	3926	5496	2716	3736
Liabilities	1600	6360	9746	8491	5349
Total Debt	9244	8650	4346	8680	8376
Accounts Payable	2648	7191	1468	3001	7625
Equities	1322	2358	4579	1638	2458
Cashflow Statement
Cash from Operating activities	8780	7639	1128	5578	7998
Cash from Investing activities	6050	5476	8539	2672	7896
Net cash from Financing activities	3286	1117	9192	8481	8748

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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. The cap table displayed below is for COREEL TECHNOLOGIES (INDIA) PRIVATE LIMITED which is the legal entity associated with Coreel.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	55.66%	976Cr	8422597	3199998	7693202	2100237
Vishwanath Padur	69931	60342	96072	44841	17975	11233
Fund	25.73%	451Cr	6056764	1897007	9800050	6943067
ValueQuest	60169	66337	25910	47574	78910	56331
360 One	222	538	313	235	244	797
Angel	3.91%	68.5Cr	577	347	634	928
Other People	6.23%	109Cr	616005	845597	381457	464930
ESOP Pool	4.34%	76.1Cr	9901	4399	2063	4609
Other Investors	4.14%	72.6Cr	4676	7131	8931	5542
Total	100.00%	1,750Cr	8571856	7466248	1897845	5854964