About Faclon Labs
Faclon Labs is a company based in Mumbai (India) founded in 2016 by Rishi Sharma, Archit Naraniwal, and Utkarsh Srivastava. Faclon Labs has raised $3.26 million across 7 funding rounds from investors including LetsVenture, Empower India and thinQbate. The company has 112 employees as of April 07, 2024. Faclon Labs operates in a competitive market with competitors including Particle, PTC, Software AG, Relayr and Ayla Networks, among others.
- Headquarter Mumbai, India
- Employees 112 as on 07 Apr, 2024
- Founders Rishi Sharma, Archit Naraniwal, Utkarsh Srivastava
- Stage Minicorn
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Sectors
EnvironmentTechnology
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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 Faclon Labs Private Limited
- Date of Incorporation 13 Jun, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$939.37 K (USD)60.64as on Mar 31, 2023
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Net Profit
-$294.38 K (USD)-1204.8as on Mar 31, 2023
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EBITDA
-$324.37 K (USD)-2547.2as on Mar 31, 2023
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Total Equity Funding
$3.26 M (USD)
in 7 rounds
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Latest Funding Round
$466.57 K (USD), Angel Round
Aug 08, 2024
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Investors
LetsVenture
& 69 more
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Employee Count
112
as on Apr 07, 2024
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People of Faclon Labs
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Funding Insights of Faclon Labs
Faclon Labs has successfully raised a total of $3.26M across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $466.57 thousand completed in August 2024. 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 Faclon Labs
Faclon Labs has secured backing from 70 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include LetsVenture, Empower India and thinQbate.
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Private equity firm focused on multiple sectors
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Private equity investments are managed across diverse sectors.
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Multiple sectors are invested in by Anim's private equity approach.
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Investor details for Faclon Labs
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Investments & Acquisitions by Faclon Labs
Investment portfolio details for Faclon Labs
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Financial Statements - Faclon Labs
Detailed financials for Faclon Labs
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Faclon Labs Comparisons
Peer comparison for Faclon Labs
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Competitors of Faclon Labs
Faclon 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 Particle, PTC, Software AG, Relayr and Ayla Networks, among others.
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IoT connectivity platform from prototype to production is developed.
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PTC is recognized as a global leader in product lifecycle management software.
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Provider of data integration, application modernization, and digital transformation solutions
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Middleware and IoT solutions are provided for enterprise digital transformation.
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Provider of a platform for IoT and edge computing applications
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Detailed competitors of Faclon Labs
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Latest news on Faclon Labs
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Frequently Asked Questions about Faclon Labs
Faclon Labs was founded in 2016.
Faclon Labs is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rishi Sharma is the current CEO of Faclon Labs. They have also founded this company.
Faclon Labs is a funded company, having raised a total of $3.26M across 7 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Faclon Labs is 112.
Annual revenue of Faclon Labs is $939.37K as on Mar 31, 2023.
Faclon Labs was founded in 2016 in Mumbai, India, and operates in the industrial sector. An AI-driven platform is provided to connect and monitor assets, analyze data, and deliver insights for managing energy, water, processes, and sustainability compliance. Integration is supported through industrial protocols, IoT gateways, and APIs. Operating costs for utilities are reduced, downtime for critical assets is minimized, and machine productivity is enhanced.
Faclon Labs's top competitors include Particle, Software AG and PTC.
Faclon Labs has 70 investors. Key investors include LetsVenture, Empower India, thinQbate, Supreme Overseas, and Empower India Foundation.
The valuation of Faclon Labs is $12.05M as of Sep 2023.