When was Corvi founded?

Corvi was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Where is Corvi located?

Corvi is headquartered in Mumbai, India. It is registered at Ground Floor, Ganesh Building Nr. Adhyaru Ind Estate, Sun Mill Compd, S.J Marg, Lower Parel, Delisle Road, Mumbai, Mumbai, Maharashtra, India, 400013.

Who is the current CEO of Corvi?

Vimal Soni of Corvi. They have also founded 1 company.

Which legal entities is Corvi associated with?

Corvi is associated with Corvi Led Limited.

How many employees does Corvi have?

As of Sep 30, 2026, the latest employee count at Corvi is 122.

Is Corvi a funded company?

Corvi is a funded company, having raised a total of $18.7M across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Oct 31, 2016.

How much is Corvi worth?

The latest valuation of Corvi is ₹***** as of Jun 21, 2024. This marks a decline of 69% from its peak valuation of ₹179Cr in Oct, 2016. This marks a decline of 69% from its peak valuation of ₹179Cr in Oct, 2016.

When was the latest funding round of Corvi?

Corvi's latest funding was a $***** Series B round on Jun 21, 2024, with participation from 3 investors. Its primary sector is Energy Efficiency Tech. In India, the Energy Efficiency Tech sector has seen $24.4M in funding in 2026 to date.

What is the annual revenue of Corvi?

Annual revenue of Corvi is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Corvi rank among its competitors?

Corvi ranks 1st amongst 807 active competitors, of which 27 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Corvi, which secured $8M in Jun, 2024.

Who are the top competitors of Corvi?

Corvi's top competitors include Yeelight, Brilia and Acuity Brands. Among them, Corvi secured the most recent funding round in June, 2024.

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

Company Details

Provider of high-efficiency LED lighting solutions with a focus on innovative design and manufacturing processes. They provide products like tube lights,down lights,flat lights,surface lights,spot lights. They uses 3d printing technology and digital simulations to develop new products.

Website: www.corvi.com
Social
Email ID: *****@corvi.com
Phone Number: +91 **********
Registered Address: Ground Floor, Ganesh Building Nr. Adhyaru Ind Estate, Sun Mill Compd, S.J Marg, Lower Parel, Delisle Road, Mumbai, Mumbai, Maharashtra, India, 400013

Key Metrics

Founded Year

2012

Location

Mumbai, India

Stage

Series B

Total Funding

$18.7M in 3 rounds

Latest Funding Round

Series B, Jun 21, 2024, $*****

Post Money Valuation

₹***** as on Jun 21, 2024

Investors

Enam Holdings & 7 more

Ranked

1^st among 807 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

122 as on Sep 30, 2026

Similar Companies

Bridgelux & 349 more

View Corvi's full profile

Corvi is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Corvi Led Limited CIN: U74900MH2014PLC256575 , India, Active	Jul 25, 2014	₹10 - ₹50 Cr (As on Mar 31, 2025)	65 (As on May 01, 2026)

Corvi has raised a total funding of $18.7M over 3 rounds. Its first funding round was on Oct 31, 2016. Its latest funding round was a Series B round on Jun 21, 2024 for $*****. 3 investors participated in its latest round. Corvi has 3 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Corvi:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 21, 2024	3533334	Series B	7190965	7981293	7178563	4820787
Jul 25, 2017	1703803	Series A	3719608	6944805	7141929	8043383
Oct 31, 2016	8916180	Angel	6895921	7450432	Jayantilal Rathod	8112248

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View details of Corvi's funding rounds and investors

The founders of Corvi are Vimal Soni, Bhakti Vimal Soni, Tara Jayant Soni and Jayant Purshottam Soni. Vimal Soni is the CEO of Corvi.

Here are the details of Corvi's key team members:

Vimal Soni: Co-Founder & CEO of Corvi. They serve on the board of 1 company.
Contact Info: 1 email address
Bhakti Vimal Soni: Co-Founder of Corvi. They serve on the board of 1 company.
Tara Jayant Soni: Co-Founder of Corvi. They are also an angel investor in 1 startup.
Jayant Purshottam Soni: Co-Founder of Corvi.

Corvi's Board of Directors

Corvi's board has 2 active members. Vimal Soni and Bhakti Vimal Soni are part of team.

Here is the list of Corvi's board of directors:

Name	Type	Representing	Status	Duration
Vimal Soni	Team	-	Current	12y 3m
Bhakti Vimal Soni	Team	-	Current	12y 3m

View details of Corvi's Founder profiles and Board Members

Corvi's employee count trend

Corvi has 122 employees as of Sep 26. Here is Corvi's employee count trend over the years:

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Top competitors of Corvi include Yeelight, Brilia and Acuity Brands. Here is the list of Top 10 competitors of Corvi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Corvi 2012, Mumbai (India), Series B	Provider of high-efficiency LED lighting solutions with a focus on innovative design and manufacturing processes	$18.7M	Enam Holdings, Dhoot Instruments & 6 others	62/100
2nd	Yeelight 2012, Qingdao (China), Series E	Provider of app-based internet-connected smart bulbs	$47.1M	Cathay Capital, HAX & 13 others	60/100
3rd	Brilia 2008, Pinheiros (Brazil), Late Stage	LED lighting and controller manufacturer	$12.3M	Cartesian Capital Group, Stelac	58/100
4th	Acuity Brands 2001, Atlanta (United States), Public	Manufacturer of diverse lighting products, controls, and components for various applications	-	Triodos Investment Management	57/100
5th	Bridgelux 2002, Fremont (United States), Acquired	Manufacturer and developer of LED chips	$235M	Novus Energy Partners, Passport Capital & 11 others	57/100
6th	Philips Hue 2011, Eindhoven (Netherlands), Unfunded	Manufacturer of smart lighting products, systems, and related accessories	-	-	56/100
7th	Osram 1919, Munich (Germany), Acquired	Manufacturer of light and sensor solutions for automotive, industrial, and medical	-	Bmbf, OSTI & 1 others	56/100
8th	Tridonic 1956, Dornbirn (Austria), Funding Raised	LED products and components manufacturer	-	Europa	55/100
9th	AwoX 2003, Montpellier (France), Public	Provider of wifi-enabled smart home appliances	$5.13M	Draper Esprit, TempoCap & 6 others	54/100
10th	Lumenpulse 2006, Longueuil (Canada), Public	SaaS-driven smart LED lighting products for commercial, institutional and urban environments	$21M	Fonds de solidarite FTQ, SVB & 2 others	51/100

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Corvi Led Limited, the legal entity associated with Corvi, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of Corvi Led Limited has a compounded annual growth rate (CAGR) of 95% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	6641	9339	6772	8126	7106
Total Sales	7901	4641	3082	7124	4840
Total Expenses	8875	6922	6636	9756	5972
Operating Expenses	3499	9374	4739	5836	7107
Employee Expenses	4575	2192	9561	3103	2634
Marketing Expenses	1702	2717	6388	1764	4638
Operating Income (EBIT)	8011	1049	7100	7467	1754
Interest Expenses	1720	7238	9735	2781	3083
Expenses from other activities	8995	4351	9361	3648	2657
Information Technology Expenses	8582	9415	7208	4534	8479
EBITDA	1053	2185	7738	1629	8234
Taxes	3220	6501	7458	9633	1780
Net Profit	5784	2758	8663	9714	5657
Balance Sheet
Assets	2881	1535	5689	5060	2913
Cash Equivalent	8206	7985	4670	7722	7396
Accounts Receivables	3801	6591	5228	3249	8153
Inventory	2002	8882	8647	5115	2435
Liabilities	2281	4403	5115	6070	8427
Total Debt	1549	7860	4578	8192	3193
Accounts Payable	1038	6540	1946	9956	2451
Equities	6267	2671	9937	9420	9762
Cashflow Statement
Cash from Operating activities	5055	2917	2755	3117	9273
Cash from Investing activities	3304	9119	8171	6118	2072
Net cash from Financing activities	1579	8978	1662	7559	8963

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

Founders own 31.65%, Funds own 18.38%, Enterprises own 4.55% and Angels (largest shareholder) own 45.24%. The net worth of Corvi's founders is INR 16.6Cr as of Jun 21, 2024. The cap table displayed below is for Corvi Led Limited which is the legal entity associated with Corvi.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	31.65%	16.6Cr	7435518	1094489	2149341	1132332
Vimal Soni	1803684	7631346	1009863	7476165	7013343	4233126
Jayant Purshottam Soni	0	0	0	0	0	0
Fund	18.38%	9.61Cr	6759055	8497645	7526119	2950665
Hero Enterprise	9688052	8618422	7769905	3620983	3996950	8598702
Enam Holdings	0	0	0	0	0	0
Enterprise	4.55%	2.38Cr	9523	8471	6291	5877
Angel	45.24%	23.7Cr	4687547	7096240	6825006	3939528
Arun Nahar	383276	456754	328549	639513	817445	671262
Jayantilal Rathod	27	98	61	84	43	18
Other People	0.18%	9.81L	0	0	0	0
Total	100.00%	52.3Cr	2817437	8366976	6698354	9670228