Coreel

Coreel

Developer of advanced electronic systems for aerospace, defense, and higher education

Founded

1999

Headquarters

Bengaluru

Status

Series B

Company Details

Website

Socials

Email

Phone

+91 - 8041970400

CoreEL Technologies is a systems engineering and technology solutions company specializing in advanced electronic system-level products. It serves defence and aerospace, digital video broadcast, high-performance computing, and higher education markets with innovative, customer-specific solutions.

Core Products and Services

  • Advanced electronic systems for airborne, ground, and naval applications in avionics, radars, sonars, electronic warfare, and missiles.

  • Intellectual Property (IP) cores, including video codec solutions.

  • Design and development services, system prototypes, FPGA/ASIC prototyping, and high-speed PCB design.

  • Low-volume manufacturing, system upgrades, obsolescence management, EDA tools, COTS products, and semiconductor solutions.

  • Technology training programs for higher education institutions.

Business Model and Revenue Streams

  • R&D-driven model focused on customer application-specific products and solutions (CASPS) for mission-critical applications in defence/aerospace (primary market), digital video, HPC, and education.

  • Revenue generated from product sales (systems/sub-systems), IP licensing, engineering services, manufacturing, COTS distribution, and training programs.

Key People

Vishwanath Padur

Ravi Sharma

Key Metrics

Total Equity Funding

$46Million

No. of Funding Rounds

2

Latest Funding Round

$30Million, Series B

as of December 23, 2025

Post Money Valuation

$80.3Million

as of November 24, 2023

Funding Multiple

-

as of N/A

Investors

ValueQuest

and 1 more

Employee Count

723

Similar Companies

Morphing Machines

Exit Details

No Exits

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
December 23, 2025Series B$30Million-$45.1Million- ValueQuest, 360 One

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