Cirel Systems is a Bengaluru-based semiconductor company, founded in 2013 by Sumeet Mathur. Specializing in the design and development of power management integrated circuits (ICs), Cirel Systems plays a key role in enabling energy-efficient electronics across various applications. The company has secured $4.87 million in funding from Torex Semiconductor and currently holds a valuation of ₹113 crore. Over the years, Cirel Systems has established itself in a competitive landscape, with 159 active competitors—of which 31 are funded and 47 have successfully exited. Notable competitors include Navitas, SiliConch, and Alpha & Omega Semiconductor. In addition to its commercial success, Cirel Systems contributes to the startup ecosystem through its (CSR) initiatives. The company recently contributed ₹15 lakhs to the Centre for Entrepreneurship Development and Incubation (CEDI) to support incubation operations and Activities.