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MMRFIC - About the company

MMRFIC is a seed company based in Bengaluru (India), founded in 2014 by Ravi Vijayaraghavan and Rakesh Yc. It operates as a Developer of custom radio frequency integrated circuits and system solutions. MMRFIC has raised $5.23M in funding from Sansera, with a current valuation of *****. The company has 1656 active competitors, including 44 funded and 140 that have exited. Its top competitors include companies like Foxconn Electronics, Kaynes Technology and Dixon Technologies.

Company Details

Developer of custom radio frequency integrated circuits and system solutions. The company provides design and manufacturing for mission-critical networks and millimeter-wave technology. Services include RF and mm-Wave solutions, ML and AI driven solutions, and MMIC and RF SOC design. The company supports clients from conception to prototype.
Website
mmrfic.com
Social
X
Email ID
*****@mmrfic.com
Phone Number
+91 **********
Registered Address
Maruthi Oynx 1st Floor West Wing No. 12, Doddanekundi Industrial Area 2nd Phase, Hoodi, Bangalore, Bangalore North, Karnataka, India, 560048
Key Metrics
Founded Year
2014
Location
Bengaluru, India
Stage
Seed
Total Funding
$5.23M in 7 rounds
Latest Funding Round
Post Money Valuation
***** as on Apr 21, 2025
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
55 as on Aug 31, 2025
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MMRFIC's funding and investors

MMRFIC has raised a total funding of $5.23M over 7 rounds. Its first funding round was on Nov 16, 2015. Its latest funding round was a Seed round on Sep 25, 2024 for $*****. 1 investor participated in its latest round. MMRFIC has 2 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of MMRFIC:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 25, 2024
8318644
Seed
3095834
8073913
7438049
1769981
Mar 29, 2023
1651295
Seed
7684497
6203825
6351953
4904637
Sep 29, 2022
5070991
Angel
9522430
4651412
2449053
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MMRFIC's founders and board of directors

Founder? Claim Profile
The founders of MMRFIC are Ravi Vijayaraghavan and Rakesh Yc.
Here are the details of MMRFIC's key team members:

MMRFIC's Board of Directors

MMRFIC's board has 2 active members. Ravi Vijayaraghavan and Saravana Ganeshan are part of team.
Here is the list of MMRFIC's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 6m
fmonoru
Team
-
Past
4y 2m
hpzbomm
Independent board member
-
Past
9y 3m
kkrsbyk
Independent board member
-
Past
8y 9m
xzxtogv
Independent board member
-
Past
2y 9m

MMRFIC's employee count trend

MMRFIC has 55 employees as of Aug 25. The total employee count is 2.0% more than what it was in Aug 24. Here is MMRFIC's employee count trend over the years:
Employee count trend for MMRFIC
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MMRFIC's Competitors and alternates

Top competitors of MMRFIC include Foxconn Electronics, Kaynes Technology and Dixon Technologies. Here is the list of Top 10 competitors of MMRFIC, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Foxconn Electronics
Foxconn Electronics
1974, Taipei (Taiwan), Public
Electronic products manufacturer
-
72/100
2nd
Logo for Kaynes Technology
Kaynes Technology
2008, Mysuru (India), Public
Integrated electronics manufacturer offering end-to-end and IoT solutions across various industries
$22.4M
69/100
3rd
Logo for Dixon Technologies
Dixon Technologies
1993, Noida (India), Public
Provider of electronics manufacturing services
$9.32M
68/100
4th
Logo for Astra Microwave Products
Astra Microwave Products
1993, Hyderabad (India), Public
RF and microwave sub-systems provider
$2M
65/100
5th
Logo for Brandworks Technologies
Brandworks Technologies
2017, Palghar (India), Series A
Provider of electronics manufacturing services
$11.3M
64/100
6th
Logo for SFO Technologies
SFO Technologies
1990, Kochi (India), Late Stage
Provider of ODM Plus solutions
$120M
64/100
7th
Logo for Frequentis
Frequentis
1947, Vienna (Austria), Public
Provider of communication and information systems for safety-critical applications
-
63/100
8th
Logo for AnySignal
AnySignal
2022, Los Angeles (United States), Series A
Communication hardware for military applications
$35.7M
62/100
9th
Logo for Mekr Technologies
Mekr Technologies
2022, Sonipat (India), Series A
Manufacturer of kitchen appliances
$8.58M
62/100
10th
Logo for Calterah Semiconductor
Calterah Semiconductor
2014, Shanghai (China), Series D
Developer of CMOS millimeter wave radar sensors
-
61/100
47th
Logo for MMRFIC
MMRFIC
2014, Bengaluru (India), Seed
Developer of custom radio frequency integrated circuits and system solutions
$5.23M
47/100
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MMRFIC's Latest cap tables and shareholding

Founders own 23.06%, Enterprises (largest shareholder) own 34.85%, Angels own 11.34% and Other People own 19.22%. The net worth of MMRFIC's founders is INR 27.8Cr as of Apr 21, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
23.06%
27.8Cr
6450154
8891470
9046460
5086958
8147053
6501149
1154376
2547554
4819353
9323221
Enterprise
34.85%
42Cr
9267439
9517294
9604538
9239060
Angel
11.34%
13.7Cr
6304062
7207888
1614766
1040389
713
380
322
463
758
635
0
0
0
0
0
0
Other People
19.22%
23.2Cr
6586342
7681428
8708333
4136989
ESOP Pool
11.53%
13.9Cr
2005188
7276861
9222861
7972151
Total
100.00%
121Cr
1533771
8108964
8013818
7751042
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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 MMRFIC's Shareholding

MMRFIC's Investments and acquisitions

MMRFIC has made no investments or acquisitions yet.

News related to MMRFIC

MMRFIC Technology partners IIT MadrasBusiness StandardApr 01, 2025MMRFIC, IIT Madras
Nexus Start-up Hub to expand soonNew Indian ExpressDec 17, 2019MMRFIC
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