About GloVerse Labs
GloVerse Labs is a company based in Udaipur (India) founded in 2020. It operates as a B2B. GloVerse Labs operates in a competitive market with competitors including Tractor Zoom, Amazone, CLAAS, Perten Instruments and FluroTech, among others.
- Headquarter Udaipur, India
- SectorsAgriculture
- Website gloverselabs.com
- Social Facebook
- Legal Name Gloverse Labs Private Limited
- Date of Incorporation 06 Apr, 2020
- Jurisdiction Udaipur, Rajasthan, India
- Annual Revenue₹11.3 Lakh
FY 2024 · +1058% YoY
- Net Loss-₹3.9 Lakh
FY 2024 · -34% margin
- EBITDA-₹3.5 Lakh
FY 2024 · -31% margin
Associated legal entities of GloVerse Labs
GloVerse Labs operates through Gloverse Labs 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 | Company page |
|---|---|---|---|---|---|---|---|
| Gloverse Labs Private Limited CIN U73100RJ2020PTC068645 | Active | 06 Apr 2020 | Udaipur, Rajasthan | ₹0.1 Cr | – | 2 | View details |
Board of directors of Gloverse Labs Private Limited (GloVerse Labs)
Gloverse Labs Private Limited is the primary company behind GloVerse Labs. The board of Gloverse Labs Private Limited currently have 2 directors; the longest-serving is Deepak Joshi, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepak Joshi DIN 07469076 | Director | 04 Aug 2020 | 6 yrs 2 mo | Gloverse Labs Private Limited |
| Rajendra Prakash Kanthalia DIN 10556488 | Director | 19 Mar 2024 | 2 yrs 6 mo | Gloverse Labs Private Limited |
Financials of GloVerse Labs
Figures of Gloverse Labs Private Limited, the primary company behind GloVerse Labs, for FY 2024. Revenue was ₹11.3 Lakh (+1058% year on year). Net loss was -₹3.9 Lakh (-34% margin). EBITDA was -₹3.5 Lakh (-31% margin). Revenue has grown at a compounded annual rate of +125% over three years.
- ₹11.3 LakhRevenue · FY 2024 · +1058% YoY
- -₹3.9 LakhNet loss · -34% margin
- -₹3.5 LakhEBITDA · -31% margin
- ₹1 LakhPaid-up capital
- +125%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Gloverse Labs Private Limited are on its company page.
Detailed financial statements for GloVerse Labs
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Competitors of GloVerse Labs
GloVerse 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 Tractor Zoom, Amazone, CLAAS, Perten Instruments and FluroTech, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tractorzoom.com | 2017 | Ames, United States | $25.13M | – | Online listing platform for farm equipment | |
| amazone.net | 1883 | Hasbergen, Germany | – | – | Precision farming equipment is developed and produced by Amazone. | |
| claas.com | 1913 | Surabaya, Indonesia | – | – | Farm machinery is manufactured and supplied by CLAAS. | |
| perten.com | 1962 | Stockholm, Sweden | – | – | Instruments and solutions for food quality testing are supplied. | |
| flurotech.com | 2018 | Calgary, Canada | – | – | Smart devices for in-house cannabis and hemp testing are provided. | |
| solisworld.com | 1969 | Hoshiarpur, India | – | 6,317 | Operates an online platform for manufacturing farm equipment. | |
| nutricontrol.com | 1992 | Cartagena, Spain | – | – | Climate control equipment and irrigation automation solutions are provided. | |
| fedepulverizadores.com | 1967 | Valencia, Spain | – | – | Manufacturer of atomizers and nebulizers for special crop protection | |
| vanderknaap.info | 1980 | Kwintsheul, Netherlands | $4.65M | – | Grow media for commercial horticulture and soil-less farming are supplied. |
Detailed competitors of GloVerse Labs
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Similar companies to GloVerse Labs
10 companies that operate in the same segment as GloVerse Labs (Crop Tech & Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Cannabis products are provided to support consumer wellness and health. | 2013 | Smiths Falls, Ontario, Canada | – | USD 204.24 M | 960 | |
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | – | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 983.39 M | – | – | |
Manufacturer and distributor of irrigation equipment | 1963 | Jalgaon, Maharashtra, India | – | USD 679.04 M | 12,280 | |
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 | |
Crop protection solutions and hybrid seeds are provided for farming. | 2000 | Basel, Basel-stadt, Switzerland | – | – | – | |
SaaS-based B2B solutions for food supply chains are provided. | 2015 | Gurugram, Haryana, India | USD 51.11 M | USD 124.42 M | 373 | |
DeHaat is recognized as an online marketplace for farmers. | 2012 | Patna, Bihar, India | USD 223.57 M | USD 240.09 M | 2,011 |
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Frequently Asked Questions about GloVerse Labs
GloVerse Labs was founded in 2020.
GloVerse Labs is headquartered in Udaipur, India. It is registered at Udaipur, Rajasthan, India.
The primary company behind GloVerse Labs, Gloverse Labs Private Limited, reported revenue of ₹11.3 Lakh for FY 2024, up 1058% year on year.
GloVerse Labs operates with a B2B model, focusing on food and agriculture, engaging in agricultural activities, farming equipment, and tech-enabled solutions. Produces high-quality, technology-enabled equipment for modern farming. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
GloVerse Labs's top competitors include Tractor Zoom, CLAAS and Solis Tractors.
GloVerse Labs operates through Gloverse Labs Private Limited.
The legal entities of GloVerse Labs currently have 2 directors, including Deepak Joshi, Rajendra Prakash Kanthalia.