ApproLabs

Chennai, India Founded: 2011 • Age: 15 yrs
Provides AI and ML solutions along with app development for startups and enterprises.

About ApproLabs

ApproLabs is a Technology company based in Chennai (India) founded in 2011. It provides AI and ML solutions along with app development for startups and enterprises. It operates on a B2B model. Its Indian entity Approlabs Private Limited reported revenue of β‚Ή89.3 Lakh. ApproLabs offers products and services including AI Solutions, ML Solutions, and App Development. Its focus areas include Information Technology, Software Development, Enterprise Applications and Custom Apps.

Company details

Approlabs specializes in AI and machine learning solutions, as well as app development, delivering over 50 next-generation applications. They serve startups and enterprises by fueling innovation through technology services. Based in the United States with a development center in India, they focus on creating advanced apps and solutions to meet client needs.

  • Headquarters Chennai, India
  • Employees 9
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website approlabs.com
  • Social X Facebook
  • Legal Name Approlabs Private Limited
  • Date of Incorporation 10 Oct, 2020
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹89.3 Lakh

    FY 2024 · +53% YoY

  • Net Loss
    -₹16.4 Lakh

    FY 2024 · -18% margin

  • EBITDA
    -₹15.8 Lakh

    FY 2024 · -18% margin

  • Employee Count
    9

Products & Services of ApproLabs

ApproLabs offers a comprehensive portfolio of products and services, including AI Solutions, ML Solutions, and App Development.

AI Solutions
AI Services

Delivers AI-based solutions for business innovation

ML Solutions
Machine Learning

Provides machine learning models for enterprises

App Development
Software Development

Develops next-gen apps for startups and businesses

Board of directors of Approlabs Private Limited (ApproLabs)

Approlabs Private Limited is the primary company behind ApproLabs. The board of Approlabs Private Limited currently have 2 directors; the longest-serving is Sivarajan Vishnu Prasad, appointed in 2020. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Sivarajan Vishnu Prasad
DIN 08912962
Director10 Oct 20206 yrsApprolabs Private Limited
Varatharajan Aishwarya
DIN 11275269
Director28 Nov 202510 moApprolabs Private Limited

Financials of ApproLabs

Figures of Approlabs Private Limited, the primary company behind ApproLabs, for FY 2024. Revenue was ₹89.3 Lakh (+53% year on year). Net loss was -₹16.4 Lakh (-18% margin). EBITDA was -₹15.8 Lakh (-18% margin). Revenue has grown at a compounded annual rate of +74% over three years.

  • ₹89.3 LakhRevenue · FY 2024 · +53% YoY
  • -₹16.4 LakhNet loss · -18% margin
  • -₹15.8 LakhEBITDA · -18% margin
  • ₹20,000Paid-up capital
  • 9Employees (provident fund records)
  • +74%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Approlabs Private Limited are on its company page.

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Detailed financial statements for ApproLabs

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Top companies in ERP & Enterprise Software Services

3 companies that operate in the same segment as ApproLabs (ERP & Enterprise Software Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Offers IT consulting, cloud technologies, data automation, AI, and engineering services worldwide.
2004Hyderabad, Telangana, India895
Offers SEO and digital marketing services for business growth online.
2006Delhi, Delhi, IndiaUSD 4.36 M144
Provides custom software and IT services to enterprises across industries worldwide.
2003Indore, Madhya Pradesh, IndiaUSD 4.44 M134
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Frequently Asked Questions about ApproLabs

ApproLabs was founded in 2011.

ApproLabs is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

ApproLabs has 9 employees.

The primary company behind ApproLabs, Approlabs Private Limited, reported revenue of β‚Ή89.3 Lakh for FY 2024, up 53% year on year.

Approlabs specializes in AI and machine learning solutions, as well as app development, delivering over 50 next-generation applications. They serve startups and enterprises by fueling innovation through technology services. Based in the United States with a development center in India, they focus on creating advanced apps and solutions to meet client needs.

ApproLabs offers AI Solutions, ML Solutions, and App Development.

ApproLabs operates through Approlabs Private Limited.

The legal entities of ApproLabs currently have 2 directors, including Sivarajan Vishnu Prasad, Varatharajan Aishwarya.

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