About IgluLabs
IgluLabs was a Technology company based in Bengaluru (India) founded in 2011 by Avyakt Agarwal and Smit Raturi. Software development firm builds custom tech products for enterprises and clients. It operates on a B2B model. The company has 14 employees. Its Indian entity Iglulabs Software Private Limited reported revenue of ₹1.47 Cr. The company is recorded as dissolved. IgluLabs offers products and services including E-commerce Platforms and IoT Systems. Its focus areas include Information Technology, Software Development, Custom Applications and IoT Systems.
Company details
Iglulabs is a software development company operating in Bengaluru, Pune, and the UK, specializing in transforming business ideas into reality through tailored solutions like e-commerce platforms and IoT systems. They focus on efficient execution across various domains, delivering projects quickly with expertise. The company has worked with clients such as Decathlon, providing reliable support for product creation and expansion needs.
- Headquarters Bengaluru, India
- Employees 14
- Founders Avyakt Agarwal, Smit Raturi
- SectorsTechnology
- Email••••••••
- Website iglulabs.com
- Social LinkedIn X Facebook
- Legal Name Iglulabs Software Private Limited
- Date of Incorporation 13 Oct, 2011
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.47 Cr
FY 2024 · -19% YoY
- Net Loss-₹11.8 Lakh
FY 2024 · -8% margin
- EBITDA-₹19.9 Lakh
FY 2024 · -13% margin
- Employee Count14
Associated legal entities of IgluLabs
IgluLabs operates through Iglulabs Software 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 |
|---|---|---|---|---|---|---|---|
| Iglulabs Software Private Limited CIN U72900KA2011PTC060811 | Active | 13 Oct 2011 | Bangalore, Karnataka | ₹1.5 Cr | 14 | 5 | View details |
Products & Services of IgluLabs
IgluLabs offers a comprehensive portfolio of products and services, including E-commerce Platforms and IoT Systems.
Custom platforms for online business operations and sales.
Development of IoT-based systems for efficient data and device management.
Board of directors of Iglulabs Software Private Limited (IgluLabs)
Iglulabs Software Private Limited is the primary company behind IgluLabs. The board of Iglulabs Software Private Limited currently have 5 directors; the longest-serving is Smit Kant Raturi, appointed in 2011. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Smit Kant Raturi DIN 03610375 | Director | 13 Oct 2011 | 15 yrs | Iglulabs Software Private Limited |
| Avyakt Kumar Agarwal DIN 05332833 | Director | 29 Jun 2012 | 14 yrs 4 mo | Iglulabs Software Private Limited |
| Vasuta Agarwal DIN 07480674 | Director | 17 Oct 2016 | 10 yrs | Iglulabs Software Private Limited |
| Sangeeta Narayan Sinha DIN 06829355 | Director | 04 Mar 2019 | 7 yrs 8 mo | Iglulabs Software Private Limited |
| Mohammad Arif Siddiqui DIN 07884400 | Director | 04 Mar 2019 | 7 yrs 8 mo | Iglulabs Software Private Limited |
People of IgluLabs
2 people are tracked at IgluLabs (2 in leadership); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
| Co-Founder, Director | Leadership | |
| Founder | Leadership |
Complete people profiles for IgluLabs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of IgluLabs
Figures of Iglulabs Software Private Limited, the primary company behind IgluLabs, for FY 2024. Revenue was ₹1.47 Cr (-19% year on year). Net loss was -₹11.8 Lakh (-8% margin). EBITDA was -₹19.9 Lakh (-13% margin). Revenue has grown at a compounded annual rate of -4% over three years and -7% over five years.
- ₹1.47 CrRevenue · FY 2024 · -19% YoY
- -₹11.8 LakhNet loss · -8% margin
- -₹19.9 LakhEBITDA · -13% margin
- ₹1 LakhPaid-up capital
- 14Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- -7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Iglulabs Software Private Limited are on its company page.
Detailed financial statements for IgluLabs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about IgluLabs
IgluLabs was founded in 2011.
IgluLabs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
IgluLabs has 14 employees.
The primary company behind IgluLabs, Iglulabs Software Private Limited, reported revenue of ₹1.47 Cr for FY 2024, down 19% year on year.
Iglulabs is a software development company operating in Bengaluru, Pune, and the UK, specializing in transforming business ideas into reality through tailored solutions like e-commerce platforms and IoT systems. They focus on efficient execution across various domains, delivering projects quickly with expertise. The company has worked with clients such as Decathlon, providing reliable support for product creation and expansion needs.
IgluLabs offers E-commerce Platforms and IoT Systems.
IgluLabs operates through Iglulabs Software Private Limited.
The legal entities of IgluLabs currently have 5 directors, including Avyakt Kumar Agarwal, Sangeeta Narayan Sinha, Smit Kant Raturi and others.