DPIIT recognised startup Government of India
Startup India
Innovate Labs Private Limited - information technology in Gurugram, Haryana, India. Directors, charges & compliance details.
Revenue · FY 2025
₹2.36 Cr
▲ 39% YoY
Net profit · FY 2025
₹28.2 Lakh
Net margin 11.9%
EBITDA · FY 2025
₹50.16 Lakh
EBITDA margin 21.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Brands
1
Associated brands
About Innovate Labs Private Limited
Data last updated:
Innovate Labs Private Limited is a private limited company based in Gurugram, Haryana, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 07 April 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2022PTC102647.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Atul Marwaha (Managing Director) and Krittika Marwaha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 428 Fourth Floor Suncity Success Tower Sector – 65, Gurugram, Haryana, India – 122018.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.36 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹28.2 Lakh (net margin 11.9%) and EBITDA of ₹50.16 Lakh (EBITDA margin 21.2%).
The company is associated with 1 brand: Innovate Labs. Court records list 2 cases involving the company, including 2 filed against it.
Innovate Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0041840). For more details, the company can be reached via its website innovate-labs.com.
Company details
CIN U72900HR2022PTC102647
Registration Number 102647
Incorporation Date 07 April 2022
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-HR-05-0041840
Recognitions & Rankings of Innovate Labs
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-05-0041840
Contact details
Innovate Labs Private Limited's registered office is in Gurugram, Haryana.
- Social Media
- Registered AddressUnit No. 428 Fourth Floor Suncity Success Tower Sector – 65, Gurugram, Haryana, India – 122018
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
Innovate Labs Private Limited - one report that includes everything
- Company details, directors and signatories
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- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Innovate Labs operates one associated brand: Innovate Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides AR, VR, and MR solutions for industrial, educational, and defense applications. | innovate-labs.com |
Business activity
The main business activity of Innovate Labs is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Innovate Labs Private Limited, buy the company report.
Financials of Innovate Labs Private Limited
FY 2025 filings availableInnovate Labs Private Limited reported revenue of ₹2.36 Cr (up 39% YoY) for FY 2025.
Revenue · FY 2025
₹2.36 Cr ▲ 39%
Net profit · FY 2025
₹28.2 Lakh margin 11.9%
EBITDA · FY 2025
₹50.16 Lakh margin 21.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
EBITDA CAGR growth
1 year
▲ 23%
Revenue rose 39% in the latest year. EBITDA rose 23% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹50.16 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹28.2 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 21.2% | ||
| Net Profit Margin | 11.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Innovate Labs Private Limited, buy the company report.
Board of directors of Innovate Labs Private Limited
Innovate Labs has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Marwaha Also directs: Landscape Outsource Marketing Private Limited | Managing Director | 07 Apr 2022 | 4 Years 7 Months | Current |
| Krittika Marwaha Also directs: Landscape Outsource Marketing Private Limited | Director | 07 Apr 2022 | 4 Years 7 Months | Current |
| Aanya Marwaha | Director | 05 Aug 2024 | 2 Years 3 Months | Current |
Peer comparison
Innovate Labs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spendkey India Private Limited | ₹2.37 Cr (FY 2025) | -16.0% | Pune, Maharashtra, India | |||
| Rumbum Software Service Private Limited | ₹2.37 Cr (FY 2025) | 20.0% | Ahmedabad, Gujarat, India | |||
| Agileintelli Network India Private Limited | ₹2.37 Cr (FY 2025) | -32.0% | Bangalore, Karnataka, India | |||
| Punit Advertising Private Limited | ₹2.37 Cr (FY 2025) | 688.0% | Indore, Madhya Pradesh, India | |||
| Expertia AI Technologies Private Limited | ₹2.36 Cr (FY 2025) | 125.0% | Bangalore, Karnataka, India | |||
| Innovate Labs Private Limitedthis company | ₹2.36 Cr (FY 2025) | ₹28.2 Lakh | 11.9% | 39.0% | Gurugram, Haryana, India | |
| Go2cloud Solutions Private Limited | ₹2.36 Cr (FY 2025) | 140.0% | New Delhi, Delhi, India | |||
| Hightech Broadband Services Private Limited | ₹2.36 Cr (FY 2025) | 37.0% | Valappad, Kerala, India | |||
| Tyasuite Software Solutions Private Limited | ₹2.36 Cr (FY 2024) | 12.0% | Bangalore, Karnataka, India | |||
| Qualex Consulting India Private Limited | ₹2.36 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Infohire Business Solutions Private Limited | ₹2.36 Cr (FY 2025) | -39.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Innovate Labs Private Limited, buy the company report.
Legal cases
Innovate Labs Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by Vijaya Sao Laboratories India Pvt Ltd Rep. by L. Narasinga Rao | Disposed |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by Vijaya Sao Laboratories India Pvt Ltd Rep. by L. Narasinga Rao | Disposed |
To see the full case history of Innovate Labs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovate Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Innovate Labs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Innovate Labs Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Aanya Marwaha ceased to be Additional Director on 29 Sep 2024.
AGM
Innovate Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovate Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Aanya Marwaha ceased to be Additional Director.
Appointed
Aanya Marwaha was appointed as Director.
Appointed
Atul Marwaha was appointed as Managing Director.
Appointed
Krittika Marwaha was appointed as Director.
Incorporation
07 Apr 2022
Innovate Labs Private Limited was registered on 07 Apr 2022 with Roc Delhi & aged 4 years 7 months as per MCA records.
Frequently asked questions
Innovate Labs is an active private limited company based in Gurugram, Haryana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 07 April 2022 (4+ years old) and is registered under CIN U72900HR2022PTC102647.
Innovate Labs has 3 current directors:
- Atul Marwaha - Managing Director
- Krittika Marwaha - Director
- Aanya Marwaha - Director
The latest financial statements of Innovate Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Innovate Labs is U72900HR2022PTC102647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovate Labs has 2 court cases on record: 2 filed against it.
Innovate Labs was incorporated on 07 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Innovate Labs by revenue are Spendkey India Private Limited, Rumbum Software Service Private Limited, Agileintelli Network India Private Limited, Punit Advertising Private Limited, Expertia AI Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Aanya Marwaha ceased to be Additional Director on 29 Sep 2024. Aanya Marwaha was appointed as Director on 05 Aug 2024. Atul Marwaha was appointed as Managing Director on 07 Apr 2022. Innovate Labs has 4 board changes on record in total.
Yes, Innovate Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Innovate Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0041840).
Innovate Labs can be reached through the website innovate-labs.com. Its registered office is in Gurugram, Haryana, India.
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