COREEL TECHNOLOGIES (INDIA) PRIVATE LIMITED
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COREEL TECHNOLOGIES (INDIA) PRIVATE LIMITED - overview
Established
1999
Location
Bangalore, -, India
Primary Industry
Electronics
About
Founded in 1999 and based in India, CoreEL Technologies is a systems engineering and technology solutions company that develops advanced electronic system-level products for various industries. In December 2025, CoreEL Technologies raised USD 30 million in series B funding led by ValueQuest, with participation from 360 ONE. The firm specializes in developing advanced electronic system-level products for defense and aerospace, digital video solutions, HPC, and higher education. The firm’s offerings include electronic systems design for airborne, ground, and naval applications, electronic manufacturing, mid-life redesign, and distribution in defense, aerospace, and semiconductors.
The company will use the December 2025 funding to expand manufacturing capacity, strengthen research and development, advance product engineering, and support participation in large aerospace and defense programs.
Current Investors
360 ONE, ValueQuest
Primary Industry
Electronics
Sub Industries
Aerospace, Defence, Electronics
Website
www.coreel.com/
Verticals
Artificial Intelligence, IoT (Internet of Things), Manufacturing, Research (Non-Medical)
Company Stage
Series B
Total Amount Raised
Subscriber access only
COREEL TECHNOLOGIES (INDIA) PRIVATE LIMITED - timeline of key events
COREEL TECHNOLOGIES (INDIA) PRIVATE LIMITED - financials
| Fiscal Year Ended | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 852,864,000 | 893,597,754 | 1,092,937,513 | 1,092,337,318 | 1,061,794,084 | 1,086,311,000 | 1,130,841,000 | 1,064,538,000 | - | - | - |
| % Revenue Growth (YoY) | - | 4.8% | 22.3% | (0.1%) | (2.8%) | 2.3% | 4.1% | (5.9%) | - | - | - |
| EBITDA (USD) | 58,376,055 | 55,104,794 | 83,839,584 | 121,983,413 | 154,640,268 | 94,124,000 | 84,763,000 | 88,249,000 | - | - | - |
| Operating Income (USD) | 38,027,931 | 20,929,962 | 54,596,594 | 82,182,784 | 108,131,914 | 50,630,000 | 41,701,000 | 47,978,000 | - | - | - |
| Operating Margin | 4.5% | 2.3% | 5.0% | 7.5% | 10.2% | 4.7% | 3.7% | 4.5% | - | - | - |
| % EBITDA Margin | 6.8% | 6.2% | 7.7% | 11.2% | 14.6% | 8.7% | 7.5% | 8.3% | - | - | - |
| NET Income (USD) | 15,629,000 | 1,047,549 | 18,930,919 | 46,412,035 | 59,253,979 | 9,820,000 | 1,667,000 | 11,316,000 | - | - | - |
| % Net Margin | 1.8% | 0.1% | 1.7% | 4.2% | 5.6% | 0.9% | 0.1% | 1.1% | - | - | - |
COREEL TECHNOLOGIES (INDIA) PRIVATE LIMITED - employee data
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