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
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Sectors
Retail
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Email
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- Legal Name First Source Laboratory Solutions Llp
- Date of Incorporation 14 Jan, 2011
- Jurisdiction Hyderabad, Telangana, India
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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.
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 |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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.
| Investor | Description | Founded Year | Domain | Location |
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Provider of laboratory tests for physicians
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FirstSource
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FirstSource
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Firstsource Comparisons
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 |
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| domain | founded_year | HQ Location |
Provides a platform for bulk buying of supplements and sports nutrition.
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| domain | founded_year | HQ Location |
Over 5,000 chemical products are sold via an online marketplace.
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| domain | founded_year | HQ Location |
Chemicals and laboratory equipment are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Provides technical sales and support for scientific instruments and materials.
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| domain | founded_year | HQ Location |
Operates an online platform offering a wide range of scientific instruments and lab products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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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