About Innovate Labs
Innovate Labs is a Technology company based in Gurugram (India) founded in 2022 by Atul Marwaha and Krittika Marwaha. It provides AR, VR, and MR solutions for industrial, educational, and defense applications. It operates on a B2B model. Its Indian entity Innovate Labs Private Limited reported revenue of ₹2.36 Cr. Innovate Labs offers products and services including Design Xperience Suite, Factory ViewAR, InnovatAR, VR Industrial Safety Suite, and AR Aircraft MRO Instructions. Its focus areas include XR Tech, Virtual Reality, Education and Training and Augmented Reality.
Company details
Innovate Labs specializes in extended reality technologies, including augmented reality, virtual reality, and mixed reality, to enhance operational efficiency in sectors such as automotive, aerospace, and education. They offer customized applications like Design Xperience Suite for engineering reviews and Factory ViewAR for real-time monitoring. Based in Gurugram, India, they serve enterprises by integrating XR with IoT to improve safety, reduce costs, and accelerate development cycles, focusing on practical solutions for global clients.
- Headquarters Gurugram, India
- Employees 1
- Founders Atul Marwaha, Krittika Marwaha
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website innovate-labs.com
- Social LinkedIn X YouTube
- Legal Name Innovate Labs Private Limited
- Date of Incorporation 07 Apr, 2022
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹2.36 Cr
FY 2025 · +39% YoY
- Net Profit₹28.2 Lakh
FY 2025 · 12% margin
- EBITDA₹50.2 Lakh
FY 2025 · 21% margin
- Employee Count1
Associated legal entities of Innovate Labs
Innovate Labs operates through Innovate Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innovate Labs Private Limited CIN U72900HR2022PTC102647 | Active | 07 Apr 2022 | Gurugram, Haryana | ₹2.4 Cr | 3 | View details |
Products & Services of Innovate Labs
Innovate Labs offers a comprehensive portfolio of products and services, including Design Xperience Suite, Factory ViewAR, InnovatAR, VR Industrial Safety Suite, and AR Aircraft MRO Instructions.
No-code tool for engineering design and review processes.
Integrates IoT for real-time industrial monitoring and efficiency.
Platform for deploying and managing enterprise AR applications.
Simulates safety procedures for industrial worker training.
Provides step-by-step guides for aircraft maintenance and repairs.
Apps and channels of Innovate Labs
its YouTube channel Innovate Labs has 13 subscribers and 4 videos.
Videos from Innovate Labs
The most watched videos on Innovate Labs's YouTube channel, Innovate Labs (13 subscribers). Click a video to play it here.
More on Innovate Labs.
Board of directors of Innovate Labs Private Limited (Innovate Labs)
Innovate Labs Private Limited is the primary company behind Innovate Labs. The board of Innovate Labs Private Limited currently have 3 directors; the longest-serving is Atul Marwaha, appointed in 2022. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Atul Marwaha DIN 03574062 | Managing Director | 07 Apr 2022 | 4 yrs 7 mo | Innovate Labs Private Limited |
| Krittika Marwaha DIN 03574066 | Director | 07 Apr 2022 | 4 yrs 7 mo | Innovate Labs Private Limited |
| Aanya Marwaha DIN 10729600 | Director | 05 Aug 2024 | 2 yrs 3 mo | Innovate Labs Private Limited |
People of Innovate Labs
2 people are tracked at Innovate Labs (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder, Managing Director | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Innovate Labs
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 Innovate Labs
Figures of Innovate Labs Private Limited, the primary company behind Innovate Labs, for FY 2025. Revenue was ₹2.36 Cr (+39% year on year). Net profit was ₹28.2 Lakh (12% margin). EBITDA was ₹50.2 Lakh (21% margin).
- ₹2.36 CrRevenue · FY 2025 · +39% YoY
- ₹28.2 LakhNet profit · 12% margin
- ₹50.2 LakhEBITDA · 21% margin
- ₹15 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Innovate Labs Private Limited are on its company page.
Detailed financial statements for Innovate Labs
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.
Web traffic of Innovate Labs
The website of Innovate Labs (innovate-labs.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 64.7% vs previous month
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Frequently Asked Questions about Innovate Labs
Innovate Labs was founded in 2022.
Innovate Labs is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Innovate Labs has 1 employees.
The primary company behind Innovate Labs, Innovate Labs Private Limited, reported revenue of ₹2.36 Cr for FY 2025, up 39% year on year.
Innovate Labs specializes in extended reality technologies, including augmented reality, virtual reality, and mixed reality, to enhance operational efficiency in sectors such as automotive, aerospace, and education. They offer customized applications like Design Xperience Suite for engineering reviews and Factory ViewAR for real-time monitoring. Based in Gurugram, India, they serve enterprises by integrating XR with IoT to improve safety, reduce costs, and accelerate development cycles, focusing on practical solutions for global clients.
Innovate Labs offers Design Xperience Suite, Factory ViewAR, InnovatAR, VR Industrial Safety Suite, and AR Aircraft MRO Instructions.
Innovate Labs operates through Innovate Labs Private Limited.
The legal entities of Innovate Labs currently have 3 directors, including Atul Marwaha, Krittika Marwaha, Aanya Marwaha.