About First Principle Labs
First Principle Labs is a Business Services company based in Kozhikode (India) founded in 2021. Human-centered design services are provided through behavioral science and psychology. The company has 52 employees. Its Indian entity Affordable Business Solutions Private Limited reported revenue of ₹19.32 Cr. Its focus areas include Management Consulting Services, Function Specific and Human Resources.
Company details
First Principle Labs was founded in 2021 in Kozhikode, India, within the behavioral science and experience design sector. Data-driven insights and evidence-based methods are utilized by its multi-disciplinary team to assist organizations in enhancing human experiences. Behavioral economics, psychology, and design thinking are applied to develop solutions focused on resilience and decision-making, supporting improved business performance across various operations.
- Headquarters Kozhikode, India
- Employees 52
- SectorsBusiness Services
- Website firstprinciplelabs.in
- Social LinkedIn Facebook YouTube
- Legal Name Affordable Business Solutions Private Limited
- Date of Incorporation 24 Jun, 2004
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹19.32 Cr
FY 2025 · +9% YoY
- Net Profit₹64,402
FY 2025 · 0% margin
- EBITDA₹31.9 Lakh
FY 2025 · 2% margin
- Employee Count52
Associated legal entities of First Principle Labs
First Principle Labs operates through Affordable Business Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Affordable Business Solutions Private Limited CIN U72200KA2004PTC034199 | Active | 24 Jun 2004 | Bangalore, Karnataka | ₹19.3 Cr | 52 | 2 | View details |
Apps and channels of First Principle Labs
its YouTube channel First Principle Labs has 50 subscribers and 17 videos.
Videos from First Principle Labs
The most watched videos on First Principle Labs's YouTube channel, First Principle Labs (50 subscribers). Click a video to play it here.
More on First Principle Labs.
Funding Insights of First Principle Labs
- Total Rounds 1
All 1 funding rounds of First Principle 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 |
|---|---|---|---|---|---|
| Jul 2020 | Series A | – | – | – |
Board of directors of Affordable Business Solutions Private Limited (First Principle Labs)
Affordable Business Solutions Private Limited is the primary company behind First Principle Labs. The board of Affordable Business Solutions Private Limited currently have 2 directors; the longest-serving is Ravindra Bailur Kini, appointed in 2004.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravindra Bailur Kini DIN 00021972 | Director | 24 Jun 2004 | 22 yrs 4 mo | Affordable Business Solutions Private Limited |
| Srikant Satyanarayana Rao DIN 00891641 | Director | 24 Jun 2004 | 22 yrs 4 mo | Affordable Business Solutions Private Limited |
Financials of First Principle Labs
Figures of Affordable Business Solutions Private Limited, the primary company behind First Principle Labs, for FY 2025. Revenue was ₹19.32 Cr (+9% year on year). Net profit was ₹64,402 (0% margin). EBITDA was ₹31.9 Lakh (2% margin). Revenue has grown at a compounded annual rate of +16% over three years and +10% over five years.
- ₹19.32 CrRevenue · FY 2025 · +9% YoY
- ₹64,402Net profit · 0% margin
- ₹31.9 LakhEBITDA · 2% margin
- ₹36.4 LakhPaid-up capital
- 52Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Affordable Business Solutions Private Limited are on its company page.
Detailed financial statements for First Principle Labs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of First Principle Labs
2 dated milestones of First Principle Labs across 1 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round.
- Founded First Principle Labs is founded.
Top companies in Professional Consulting & Advisory
3 companies that operate in the same segment as First Principle Labs (Professional Consulting & Advisory) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of end-to-end solutions encompassing talent acquisition, workspace design and management, business operations, and payroll services | 2008 | Bengaluru, Karnataka, India | USD 197.78 M | USD 81.57 M | 341 | |
Provider of facility & project management, advisory, general contracting, and real estate development services | 2010 | Mumbai, Maharashtra, India | USD 117.79 M | USD 62.85 M | 15,502 | |
IT consulting, data analytics, and digital transformation services are provided. | 1990 | Pune, Maharashtra, India | USD 18.8 M | USD 1.59 B | 24,594 |
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Related news about First Principle Labs
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Frequently Asked Questions about First Principle Labs
First Principle Labs was founded in 2021.
First Principle Labs is headquartered in Kozhikode, India. It is registered at Kozhikode, Kerala, India.
First Principle Labs has 52 employees.
The primary company behind First Principle Labs, Affordable Business Solutions Private Limited, reported revenue of ₹19.32 Cr for FY 2025, up 9% year on year.
First Principle Labs was founded in 2021 in Kozhikode, India, within the behavioral science and experience design sector. Data-driven insights and evidence-based methods are utilized by its multi-disciplinary team to assist organizations in enhancing human experiences. Behavioral economics, psychology, and design thinking are applied to develop solutions focused on resilience and decision-making, supporting improved business performance across various operations.
First Principle Labs operates through Affordable Business Solutions Private Limited.
The legal entities of First Principle Labs currently have 2 directors, including Ravindra Bailur Kini, Srikant Satyanarayana Rao.