About Empower Labs
Empower Labs is a company based in Hyderabad (India) founded in 2015 by Krishna Milan and Srinivas Isola. 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 as of April 05, 2024. Empower Labs operates in a competitive market with competitors including Niantic, Six to Start, Aglet, Illumix and Blue Hat Interactive Entertainment Technology, among others.
- Headquarter Hyderabad, India
- Employees 12 as on 05 Apr, 2024
- Founders Krishna Milan, Srinivas Isola
- Stage Minicorn
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Sectors
TechnologyMedia & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Empower Labs Private Limited
- Date of Incorporation 02 Feb, 2015
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$34.58 (USD)-99.2as on Mar 31, 2021
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Net Profit
-$4.51 K (USD)99.28as on Mar 31, 2021
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EBITDA
-$4.54 K (USD)99.09as on Mar 31, 2021
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Total Equity Funding
$1.91 M (USD)
in 3 rounds
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Latest Funding Round
$565.74 K (USD), Angel Round
Dec 10, 2018
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Investors
Inventcorp
& 16 more
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Employee Count
12
as on Apr 05, 2024
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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.
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.
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Venture capital fund focused on multiple sectors
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Multiple investments are managed by Ayon Capital single-family office.
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Inventcorp builds internet products for users to connect and grow businesses.
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Investor details for Empower Labs
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Investments & Acquisitions by Empower Labs
Investment portfolio details for Empower Labs
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Financial Statements - Empower Labs
Detailed financials for Empower Labs
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Empower Labs Comparisons
Peer comparison for Empower Labs
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Competitors of Empower Labs
Empower Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Niantic, Six to Start, Aglet, Illumix and Blue Hat Interactive Entertainment Technology, among others.
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Augmented reality mobile games are designed and developed.
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Game and application development studio
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AR Sneaker shopping game
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AR-enabled mobile games are developed for Android and iOS devices.
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AR-based educational games are provided for interactive user experiences.
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Augmented reality-based games are offered for interactive experiences.
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Detailed competitors of Empower Labs
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Latest news on 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 current CEO of Empower Labs. 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.
As of Apr 05, 2024, the latest employee count at Empower Labs is 12.
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's top competitors include Niantic, Six to Start and Illumix.
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.