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.

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 Jun 30, 2026, the latest employee count at Polymatech Electronics is 35.

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 25 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 5th amongst 1486 active competitors, of which 94 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was GSME, which secured $35M in Jan, 2026.

Who are the top competitors of Polymatech Electronics?

Polymatech Electronics' top competitors include Wadiz, Tessolve Semiconductor and Imec. Among them, GSME secured the most recent funding round in January, 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/
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

5^th among 1486 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

35 as on Jun 30, 2026

Similar Companies

Tessolve Semiconductor & 1361 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	Documents
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 $*****. 25 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	5738138	Series C	4664506	6442951	2895571	1839980
Jun 16, 2023	3615887	Series B	1458016	7389713	1495104	Auxano & 1 more
Mar 27, 2023	7757340	Series B	4766142	3607664	Pesopie	Walkaroo & 1 more

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View details of Polymatech Electronics's funding rounds and investors

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

Eswara Rao Nandam: CEO of Polymatech Electronics.

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 7m
Selvamani Shri Janani	Independent board member	-	Current	2y 10m
huxzmhb	Independent board member	-	Current	7y 9m

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

Polymatech Electronics' employee count trend

Polymatech Electronics has 35 employees as of Jun 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 Wadiz, Tessolve Semiconductor 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	Wadiz 2012, Seongnam-si (South Korea), Series D	Equity and revenue-based crowdfunding platform	$128M	Smile Gate Investment, DS Investment Management ... & 14 others	76/100
2nd	Tessolve Semiconductor 2004, Bengaluru (India), Acquired	Semiconductor engineering services company	$213M	JAFCO Asia, Qualcomm Ventures & 18 others	70/100
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, St. Cloud Capital & 3 others	62/100
5th	Polymatech Electronics 2007, Kanchipuram (India), Series C	Provider of semiconductor design and development services	$37.3M	Singhvi Heritage, ITUS Capital & 89 others	58/100
6th	SMART Photonics 2012, Eindhoven (Netherlands), Series D	Provides services for manufacturing photonic ICs	$244M	ING, Innovation Industries & 14 others	59/100
7th	DreamBigSemi 2019, San Jose (United States), Acquired	Provider of semiconductor manufacturing services	$75M	Samsung Catalyst Fund, Grandfull Fund & 9 others	57/100
8th	GSME 2021, San Jose (United States), Series B	GSME is a global provider of customized silicon solutions, specializing in RF design and power	$53M	Maverick Silicon, ITHCA	57/100
9th	Enthuse 2011, San Francisco (United States), Acquired	Cloud-based suite solutions for fundraising	$10.4M	Praetura Ventures, Bee Partners & 2 others	56/100
10th	OnePlanetCrowd 2012, Amsterdam (Netherlands), Acquired	Online crowdfunding platform for social causes	$1.16M	Energy & Environment Investment, Oost NL & 5 others	56/100

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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.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	41.57%	994Cr	7625273	5024628	5984860	6366755
Fund	2.84%	67.8Cr	78	74	54	71
Turning Leaf Asset Management	33	89	51	55	29	12
SKG	0	0	0	0	0	0
Auxano	0	0	0	0	0	0
Enterprise	3.51%	84Cr	787	433	746	832
Angel	2.91%	69.6Cr	30	45	49	68
Other Investors	49.18%	1,180Cr	4851597	1733441	4918795	7403848
Total	100.00%	2,390Cr	9780883	5827118	7224802	6283402