
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 βΉ89.3 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
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website approlabs.com
- Social X Facebook
- Legal Name Approlabs Private Limited
- Date of Incorporation 10 Oct, 2020
- Jurisdiction Chennai, Tamil Nadu, India
- 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 Count9
Associated legal entities of ApproLabs
ApproLabs operates through Approlabs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Approlabs Private Limited CIN U72900TN2020PTC138556 | Active | 10 Oct 2020 | Chennai, Tamil Nadu | ₹0.9 Cr | 9 | 2 | View details |
Products & Services of ApproLabs
ApproLabs offers a comprehensive portfolio of products and services, including AI Solutions, ML Solutions, and App Development.
Delivers AI-based solutions for business innovation
Provides machine learning models for enterprises
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sivarajan Vishnu Prasad DIN 08912962 | Director | 10 Oct 2020 | 6 yrs | Approlabs Private Limited |
| Varatharajan Aishwarya DIN 11275269 | Director | 28 Nov 2025 | 10 mo | Approlabs 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.
Detailed financial statements for ApproLabs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers IT consulting, cloud technologies, data automation, AI, and engineering services worldwide. | 2004 | Hyderabad, Telangana, India | 895 | |||
Offers SEO and digital marketing services for business growth online. | 2006 | Delhi, Delhi, India | USD 4.36 M | 144 | ||
Provides custom software and IT services to enterprises across industries worldwide. | 2003 | Indore, Madhya Pradesh, India | USD 4.44 M | 134 |
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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 βΉ89.3 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.