When was Polymatech Electronics founded?

Polymatech Electronics was founded in 2007 and raised its 1st funding round 16 years after it was founded.

Where is Polymatech Electronics located?

Polymatech Electronics is headquartered in Kanchipuram, India. It is registered at Plot OZ-13, SIPCOT Hi-Tech SEZ, Kancheepuram, Oragadam, Tamil Nadu, India, 602105.

Who is the current CEO of Polymatech Electronics?

Eswara Rao Nandam of Polymatech Electronics. They have also founded 2 companies.

Which legal entities is Polymatech Electronics associated with?

Polymatech Electronics is associated with POLYMATECH ELECTRONICS LIMITED..

How many employees does Polymatech Electronics have?

As of Sep 30, 2026, the latest employee count at Polymatech Electronics is 37.

Is Polymatech Electronics a funded company?

Polymatech Electronics is a funded company, having raised a total of $37.3M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 30, 2023.

How much is Polymatech Electronics worth?

The latest valuation of Polymatech Electronics is ₹***** as of Sep 26, 2023.

When was the latest funding round of Polymatech Electronics?

Polymatech Electronics' latest funding was a $***** Series C round on Aug 03, 2023, with participation from 26 investors.

What is the annual revenue of Polymatech Electronics?

Annual revenue of Polymatech Electronics is more than ₹1,000 Cr as on Mar 31, 2025

Where does Polymatech Electronics rank among its competitors?

Polymatech Electronics ranks 7th amongst 1507 active competitors, of which 99 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Liquid Instruments, which secured $70M in Apr, 2026.

Who are the top competitors of Polymatech Electronics?

Polymatech Electronics' top competitors include Tessolve Semiconductor, Wadiz and Imec. Among them, Liquid Instruments secured the most recent funding round in April, 2026.

Polymatech Electronics - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of semiconductor design and development services. The company specializes in manufacturing semiconductor chips and LED lights and operates a facility. They emphasize advanced automation, aiming to reduce human intervention in manufacturing. It also engages in R&D across healthcare, agriculture, and telecommunications, with alliances worldwide.

Website: www.polymatech.sg/
Social
Email ID: *****@polymatech.in
Phone Number: +91 **********
Registered Address: Plot OZ-13, SIPCOT Hi-Tech SEZ, Kancheepuram, Oragadam, Tamil Nadu, India, 602105

Key Metrics

Founded Year

2007

Location

Kanchipuram, India

Stage

Series C

Total Funding

$37.3M in 4 rounds

Latest Funding Round

Series C, Aug 03, 2023, $*****

Post Money Valuation

₹***** as on Sep 26, 2023

Investors

Pesopie & 90 more

Ranked

7^th among 1507 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

37 as on Sep 30, 2026

Similar Companies

Tessolve Semiconductor & 1372 more

View Polymatech Electronics' full profile

Polymatech Electronics is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
POLYMATECH ELECTRONICS LIMITED. CIN: U32107TN2007PLC063706 , India, Active	May 29, 2007	₹1,000+ Cr (As on Mar 31, 2025)	22 (As on May 01, 2026)

Polymatech Electronics has raised a total funding of $37.3M over 4 rounds. Its first funding round was on Jan 30, 2023. Its latest funding round was a Series C round on Aug 03, 2023 for $*****. 26 investors participated in its latest round. Polymatech Electronics has 30 institutional investors and 61 angel investors.

Here is the list of recent funding rounds of Polymatech Electronics:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 03, 2023	9346385	Series C	9812429	2840507	8536884	1500919
Jun 16, 2023	5482110	Series B	6774400	1224472	6474371	Auxano & 1 more
Mar 27, 2023	9048087	Series B	3375401	7149547	Pesopie	Walkaroo & 1 more

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View details of Polymatech Electronics's funding rounds and investors

The founders of Polymatech Electronics are Eswara Rao Nandam and Uma Nandam. Eswara Nandam is the CEO of Polymatech Electronics.

Here are the details of Polymatech Electronics' key team members:

Eswara Rao Nandam: Co-Founder & CEO & Managing Director of Polymatech Electronics and founder of 1 other company.
Uma Nandam: Co-Founder & Director of Polymatech Electronics.
Contact Info: 1 phone number

Polymatech Electronics' Board of Directors

Polymatech Electronics's board has 3 active members. Eswara Rao Nandam is part of team and Selvamani Shri Janani and Ryan Alexander Young are independent board members.

Here is the list of Polymatech Electronics' board of directors:

Name	Type	Representing	Status	Duration
Eswara Rao Nandam	Team	-	Current	8y 9m
Selvamani Shri Janani	Independent board member	-	Current	3y 0m
lehvylm	Independent board member	-	Current	6y 5m

View details of Polymatech Electronics's Founder profiles and Board Members

Polymatech Electronics' employee count trend

Polymatech Electronics has 37 employees as of Sep 26. Here is Polymatech Electronics's employee count trend over the years:

Employee count trend for Polymatech Electronics

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Top competitors of Polymatech Electronics include Tessolve Semiconductor, Wadiz and Imec. Here is the list of Top 10 competitors of Polymatech Electronics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tessolve Semiconductor 2004, Bengaluru (India), Acquired	Provider of semiconductor engineering services	$213M	Qualcomm Ventures, JAFCO Asia & 18 others	70/100
2nd	Wadiz 2012, Seongnam-si (South Korea), Series D	Equity and revenue-based crowdfunding platform	$128M	Smile Gate Investment, DS Investment Management ... & 14 others	66/100
3rd	Imec 1984, Leuven (Belgium), Funding Raised	Provider of semiconductor design and development services	-	Samsung Catalyst Fund, Flanders & 6 others	65/100
4th	Atomica 2000, United States, Series C	Manufacturer of MEMS, photonics, biochips, and sensors.	$30M	Cerium Technology, Military Health & 3 others	61/100
5th	Liquid Instruments 2014, San Diego (United States), Series C	Reconfigurable test and measurement instruments for advanced research and development	$135M	Acorn Capital, Anzu Partners & 15 others	59/100
6th	SMART Photonics 2012, Eindhoven (Netherlands), Series D	Provides services for manufacturing photonic ICs	$244M	ING, NXP Semiconductors & 14 others	59/100
7th	Polymatech Electronics 2007, Kanchipuram (India), Series C	Provider of semiconductor design and development services	$37.3M	Singhvi Heritage, ITUS Capital & 89 others	58/100
8th	Funraise 2015, Costa Mesa (United States), Series A	Developer of fundraising platform providing donor management and engagement tools	$12.7M	Toba Capital, Tech Coast Angels & 3 others	57/100
9th	DreamBigSemi 2019, San Jose (United States), Acquired	Provider of semiconductor manufacturing services	$75M	Samsung Catalyst Fund, Grandfull Fund & 9 others	57/100
10th	Enthuse 2011, San Francisco (United States), Acquired	Cloud-based suite solutions for fundraising	$10.4M	Praetura Ventures, Bee Partners & 2 others	57/100

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Founders (largest shareholder) own 41.57%, Funds own 2.84%, Enterprises own 3.51% and Angels own 2.91%. The net worth of Polymatech Electronics's founders is INR 994Cr as of Sep 26, 2023. The cap table displayed below is for POLYMATECH ELECTRONICS LIMITED. which is the legal entity associated with Polymatech Electronics.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	41.57%	994Cr	4690170	9037024	2969700	2855249
Fund	2.84%	67.8Cr	71	56	23	21
Turning Leaf Asset Management	49	30	52	87	12	34
SKG	0	0	0	0	0	0
Auxano	0	0	0	0	0	0
Enterprise	3.51%	84Cr	256	458	708	800
Angel	2.91%	69.6Cr	17	33	90	15
Other Investors	49.18%	1,180Cr	2519782	5776681	5291398	9709808
Total	100.00%	2,390Cr	7187337	7217885	5097465	9918795