FirstSource

Hyderabad, India Founded: 2010 • Age: 16 yrs Acquired By LabCorp
Scientific equipment and supplies are distributed online by FirstSource.
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About FirstSource

FirstSource is a company based in Hyderabad (India) founded in 2010 was acquired by LabCorp in September 2010.. The company has 104 employees as of March 29, 2024. FirstSource offers products and services including Analytical Instruments, Fluid Handling, Centrifuges, Microscopes, and Pipettes. FirstSource operates in a competitive market with competitors including Pigi, Chemkart, Chemical Shoppe, Wee Scientifics and Sciencekatta, among others.

  • Headquarter Hyderabad, India
  • Employees 104 as on 29 Mar, 2024
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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  • Legal Name First Source Laboratory Solutions Llp
  • Date of Incorporation 14 Jan, 2011
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    104

    as on Mar 29, 2024

  • Acquired by
    LabCorp

    (Sep 14, 2010)

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Products & Services of FirstSource

FirstSource offers a comprehensive portfolio of products and services, including Analytical Instruments, Fluid Handling, Centrifuges, Microscopes, and Pipettes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Devices for chemical analysis and measurement in laboratories.

Equipment for precise liquid handling and transfer.

Machines for separating substances via spinning.

Tools for magnifying and examining samples.

Instruments for accurate volume measurement.

Funding Insights of FirstSource

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in FirstSource

FirstSource has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include LabCorp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Provider of laboratory tests for physicians
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by FirstSource

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FirstSource

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Firstsource Comparisons

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Competitors of FirstSource

FirstSource 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 Pigi, Chemkart, Chemical Shoppe, Wee Scientifics and Sciencekatta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provides a platform for bulk buying of supplements and sports nutrition.
domain founded_year HQ Location
Over 5,000 chemical products are sold via an online marketplace.
domain founded_year HQ Location
Chemicals and laboratory equipment are offered via an online marketplace.
domain founded_year HQ Location
Provides technical sales and support for scientific instruments and materials.
domain founded_year HQ Location
Operates an online platform offering a wide range of scientific instruments and lab products.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Firstsource

Frequently Asked Questions about FirstSource

When was FirstSource founded?

FirstSource was founded in 2010.

Where is FirstSource located?

FirstSource is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

How many employees does FirstSource have?

As of Mar 29, 2024, the latest employee count at FirstSource is 104.

What does FirstSource do?

FirstSource was established in 2010 in Hyderabad, India, as an e-distributor in the scientific sector. Analytical instruments, cooling and heating equipment, fluid handling tools, sterilizing accessories, and lab essentials are offered through its platform. Associated brands include LabNet, BrightMax, Contech, Finar, and Optika. Operations focus on providing these supplies to research and laboratory environments across the region.

Who are the top competitors of FirstSource?

FirstSource's top competitors include Chemkart, Chemical Shoppe and Pigi.

What products or services does FirstSource offer?

FirstSource offers Analytical Instruments, Fluid Handling, Centrifuges, Microscopes, and Pipettes.

Who are FirstSource's investors?

FirstSource has 1 investor. Key investors include LabCorp.

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