About Flabs
Data last updated:
Flabs is a company based in Noida (India) founded in 2023 by Ayush Chauhan, Harsh Jha, Dhwaj Gupta, and Yash Chaudhary. Flabs has raised $160 thousand across 1 funding round from investors including 100X.VC. Flabs operates in a competitive market with competitors including Waters Corporation, Ovation, Labvantage, KareXpert and Azenta, among others.
- Headquarter Noida, India
- Founders Ayush Chauhan, Harsh Jha, Dhwaj Gupta, Yash Chaudhary
- SectorsHealthcare
- EmailLocked
- PhoneLocked
- Website flabslis.com
- Social LinkedIn X
- Legal Name Diagnoshuttle Private Limited
- Date of Incorporation 31 May, 2023
- Jurisdiction Haridwar, Uttarakhand, India
- Annual Revenue$15.53 K (USD)0as on Mar 31, 2024
- Net Profit-$29.6 K (USD)0as on Mar 31, 2024
- EBITDA-$38.04 K (USD)0as on Mar 31, 2024
- Total Equity Funding$160 K (USD)
in 1 rounds
- Latest Funding Round$160 K (USD), Seed
Oct 28, 2023
- Investors
Associated legal entities of Flabs
Flabs operates through Diagnoshuttle Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Report |
|---|---|---|---|---|---|---|---|
| Diagnoshuttle Private Limited CIN U62013UT2023PTC015722 | Active | 31 May 2023 | Haridwar, Uttarakhand | ₹0.1 Cr | – | 2 | Buy report |
People of Flabs
4 people are tracked at Flabs (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Harsh Jha | Co-Founder | Leadership |
Dhwaj Gupta | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for Flabs
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Board of directors of Diagnoshuttle Private Limited (Flabs)
Diagnoshuttle Private Limited is the primary company behind Flabs. The board of Diagnoshuttle Private Limited currently have 2 directors; the longest-serving is Yash Chaudhary, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yash Chaudhary DIN 10184390 | Director | 31 May 2023 | 3 yrs 4 mo | Diagnoshuttle Private Limited |
| Ayush Chauhan DIN 10184389 | Director | 31 May 2023 | 3 yrs 4 mo | Diagnoshuttle Private Limited |
Financials of Flabs
Figures of Diagnoshuttle Private Limited, the primary company behind Flabs, for FY 2024. Revenue was ₹0.13 Cr. Net loss was -₹0.25 Cr (-191% margin). EBITDA was -₹0.31 Cr (-245% margin).
- ₹0.13 CrRevenue · FY 2024
- -₹0.25 CrNet loss · -191% margin
- -₹0.31 CrEBITDA · -245% margin
- ₹0.01 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Diagnoshuttle Private Limited are on its company page.
Buy the company report of Diagnoshuttle Private LimitedDetailed financial statements for Flabs
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Funding Insights of Flabs
Flabs has successfully raised a total of $160K through 1 strategic funding round. The most recent funding activity was a Seed round of $160 thousand completed in October 2023. 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.
- Total Funding $160,000
- Total Rounds 1
- Last Round Seed — $160,000
- First Round $160,000
(28 Oct 2023)
- Investors Count 1
All 1 funding rounds of Flabs with amounts, post-money valuations and investors.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 28 Oct 2023 | $160,000 | Seed | $991,274 | – |
Last known valuation $991,274 (Oct 2023). 1 investors in total: 1 institutional.
Investors in Flabs
Flabs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 100X.VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by 100X.VC venture capital firm. | – | 100x.vc | Mumbai, India |
Investor details for Flabs
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Timeline of Flabs
2 dated milestones of Flabs, from founding to its latest funding, stage changes and deals.
- Flabs is founded.
- First funding round of $160K.
Competitors of Flabs
Flabs 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 Waters Corporation, Ovation, Labvantage, KareXpert and Azenta, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| waters.com | 1958 | Milford, United States | – | 9,341 | Provider of laboratory management system for researchers and clinicians | |
| ovation.io | 2009 | Cambridge, United States | $33.3M | 35 | Cloud-based platform for laboratory data management and collaboration is provided. | |
| labvantage.com | 1989 | Somerset, United States | – | 100 | LIMS, Quality ELN and Business Intelligence solutions for laboratory | |
| karexpert.com | 2014 | Gurugram, India | $7.0M | 159 | Cloud-based software suite for healthcare providers is offered. | |
| azenta.com | 1978 | Burlington, United States | – | – | Sample storage and management solutions are provided globally. | |
| genemod.net | 2017 | Seattle, United States | $7.2M | 2 | Provider of cloud-based laboratory management software for research labs | |
| luminatehealth.com | 2012 | San Francisco, United States | $4.7M | – | Luminate Health is focused on patient engagement through lab data access. | |
| cirdan.com | 2010 | Lisburn, United Kingdom | $23.6M | 1 | Medical imaging and informatics technology is supplied for cancer diagnosis. | |
| elementalmachines.com | 2015 | Cambridge, United States | $46.6M | – | Provider of data driven drug discovery and development platform for various industries | |
| labforward.io | 2013 | Berlin, Germany | $4.9M | 45 | Laboratory collaboration platforms for data, devices, and researchers are provided. |
Detailed competitors of Flabs
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Frequently Asked Questions about Flabs
Flabs was founded in 2023.
Flabs is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Yash Chaudhary is the current CEO of Flabs. They have also founded this company.
Flabs is a funded company, having raised a total of $160K across 1 funding round to date. The company's 1st funding round was a Seed of $160K, raised on Oct 28, 2023.
Annual revenue of Flabs is $15.53K as on Mar 31, 2024.
Flabs was founded in 2023 in Noida, India, within the health technology sector. Pathology lab management software is offered to handle patient registration, automate lab analysis, and enable secure storage of medical data. QR-coded reports are generated for straightforward patient access, while connections between labs and patients are supported. Operations are thus optimized across various lab functions in the Indian market.
Flabs's top competitors include Ovation, Waters Corporation and KareXpert.
Flabs has 1 investor. Key investors include 100X.VC.
The valuation of Flabs is $991.27K as of Oct 2023.
Flabs operates through Diagnoshuttle Private Limited.
The legal entities of Flabs currently have 2 directors, including Yash Chaudhary, Ayush Chauhan.