About Empower Labs
Empower Labs is a Technology company based in Hyderabad (India) founded in 2015 by Krishna Milan and Srinivas Isola. An AR-based mobile game integrating real-world GPS locations is offered. It operates in the Technology and Media & Entertainment sectors. Empower Labs has raised $1.91 million across 3 funding rounds from investors including Inventcorp, Balraj Vasudevan and Vinod Dasari. The company has 12 employees. Empower Labs was last valued at $4.59 million in December 2018. Its chief executive, as recorded, is Krishna Milan. Its focus areas include High Tech, Augmented Reality, Applications and Entertainment. Its legal entity in India is Empower Labs Private Limited (U72200TG2015PTC097463).
Company details
Empower Labs was founded in 2015 in Hyderabad, India, focusing on augmented reality in mobile gaming. The company operates Delta-T, a free-to-play game where players real locations are mapped via GPS to initiate gameplay. Interactions with physical environments, people, and objects are required for progression. Recognition was received as part of the ALPHA class at the 2016 Surge Conference in Bangalore.
- Headquarters Hyderabad, India
- Employees 12
- Founders Krishna Milan, Srinivas Isola
- Stage Minicorn
- SectorsTechnologyMedia & Entertainment
- Email••••••••
- Phone•••• ••••
- Website empowerlabs.ooo
- Social LinkedIn X Facebook
- Legal Name Empower Labs Private Limited
- Date of Incorporation 02 Feb, 2015
- Jurisdiction Hyderabad, Telangana, India
- Net Loss-₹55,394
FY 2022 · -13643% margin
- EBITDA-₹55,394
FY 2022 · -13643% margin
- Total Equity Funding$1.91M (USD)
in 3 rounds
- Latest Funding Round$565.74K (USD), Angel Round
Dec 2018
- InvestorsInventcorp
& 16 more
- Employee Count12
Associated legal entities of Empower Labs
Empower Labs operates through Empower Labs Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Empower Labs Private Limited CIN U72200TG2015PTC097463 | Strike Off | 02 Feb 2015 | Hyderabad, Telangana | ₹0.0 Cr | 12 | 2 | View details |
Funding Insights of Empower Labs
Empower Labs has successfully raised a total of $1.91M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $565.74 thousand completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.91M
- Total Rounds 3
- Last Round Angel Round — $565,737
- First Round $470,838
(Jun 2015)
- Investors Count 17
All 3 funding rounds of Empower Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $565,737 | Angel Round | $4.59M | Srinivas Isola | |
| Aug 2017 | $874,491 | Seed | $4.59M | Byrraju Radha | |
| Jun 2015 | $470,838 | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2018 | $4.59M | •••••••• |
| Aug 2017 | $4.59M | •••••••• |
Last known valuation $4.59M (Dec 2018). 17 investors in total: 5 institutional and 12 angel.
Investors in Empower Labs
Empower Labs has secured backing from 17 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Inventcorp, Balraj Vasudevan and Vinod Dasari.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on multiple sectors | vatarukshamagrofarms.tcc.mode | Hyderabad, India | ||
Multiple investments are managed by Ayon Capital single-family office. | ayon.com | Clearwater, United States | ||
Inventcorp builds internet products for users to connect and grow businesses. | 2000 | inventcorp.com | Hyderabad, India | |
| vishayengineeringendholdings.tcc.mode | ||||
BV Balraj Vasudevan | unknown_f447a524a4e64e2da | |||
VD Vinod Dasari | unknown_78a55b4d724c48658 | |||
KM Krishna Milan Rao | Angel investor and tech leader, ex-Google, focused on Indian startups | unknown_5c788a6dc34c47b69 | ||
SI Srinivas Isola | unknown_4ab4b0ef60ba42418 | |||
KI Karthik Isola | Angel investor and tech entrepreneur, focused on early-stage Indian startups | unknown_5802dbd1bdfb4c348 | ||
VK Vinod K Dasari | unknown_a0b3be8b93ff4cab8 |
Investor details for Empower Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Empower Labs Private Limited (Empower Labs)
Empower Labs Private Limited is the primary company behind Empower Labs. The board of Empower Labs Private Limited currently have 2 directors; the longest-serving is Krishna Kalvakuntla Milan Rao, appointed in 2015. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishna Kalvakuntla Milan Rao DIN 07061104 | Director | 02 Feb 2015 | 11 yrs 8 mo | Empower Labs Private Limited |
| Karthik Isola Chandra DIN 07160730 | Director | 05 Jun 2015 | 11 yrs 4 mo | Empower Labs Private Limited |
People of Empower Labs
2 people are tracked at Empower Labs (2 in leadership); the tracked headcount is 12.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Empower Labs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Empower Labs
Figures of Empower Labs Private Limited, the primary company behind Empower Labs, for FY 2022. Net loss was -₹55,394 (-13643% margin). EBITDA was -₹55,394 (-13643% margin). Revenue has grown at a compounded annual rate of -95% over three years and -42% over five years.
- -₹55,394Net loss · -13643% margin
- -₹55,394EBITDA · -13643% margin
- ₹1.53 CrPaid-up capital
- 12Employees (provident fund records)
- -95%Revenue CAGR, 3 years
- -42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Empower Labs Private Limited are on its company page.
Detailed financial statements for Empower Labs
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
Verified entity values are shown only after access is granted.
Timeline of Empower Labs
4 dated milestones of Empower Labs across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Empower Labs is founded.
- Funding First funding round of $471K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $566K.
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Related news about Empower Labs
Complete news archive for Empower Labs
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Frequently Asked Questions about Empower Labs
Empower Labs was founded in 2015.
Empower Labs is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Krishna Milan is the CEO of Empower Labs, as recorded in our data. They have also founded this company.
Empower Labs is a funded company, having raised a total of $1.91M across 3 funding rounds to date. The company's 1st funding round was a Seed of $470.84K, raised on Jun 2015.
Empower Labs has 12 employees.
Annual revenue of Empower Labs is $34.58 as on Mar 31, 2021.
Empower Labs was founded in 2015 in Hyderabad, India, focusing on augmented reality in mobile gaming. The company operates Delta-T, a free-to-play game where players real locations are mapped via GPS to initiate gameplay. Interactions with physical environments, people, and objects are required for progression. Recognition was received as part of the ALPHA class at the 2016 Surge Conference in Bangalore.
Empower Labs has 17 investors. Key investors include Inventcorp, Balraj Vasudevan, Vinod Dasari, Krishna Milan Rao, and Srinivas Isola.
The valuation of Empower Labs is $4.59M as of Dec 2018.
Empower Labs operates through Empower Labs Private Limited.
The legal entities of Empower Labs currently have 2 directors, including Krishna Kalvakuntla Milan Rao, Karthik Isola Chandra.