About Innovate Labs
Innovate Labs is a company based in Gurugram (India) founded in 2022 by Atul Marwaha and Krittika Marwaha. It operates as a B2B. The company has 1 employees. Innovate Labs offers products and services including Design Xperience Suite, Factory ViewAR, InnovatAR, VR Industrial Safety Suite, and AR Aircraft MRO Instructions. Innovate Labs operates in a competitive market with competitors including Bolverk XR, RaceRocks, SAFETYN, Infinite Passengers and Visionary Training Resources, among others.
- Headquarter Gurugram, India
- Employees 1 as on
- Founders Atul Marwaha, Krittika Marwaha
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Innovate Labs Private Limited
- Date of Incorporation 07 Apr, 2022
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
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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. 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.
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.
Funding Insights of Innovate Labs
| 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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Investments & Acquisitions by Innovate Labs
| 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 - Innovate Labs
| 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 |
Innovate Labs Comparisons
Competitors of Innovate Labs
Innovate 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 Bolverk XR, RaceRocks, SAFETYN, Infinite Passengers and Visionary Training Resources, 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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Virtual reality-based simulations for airline training are provided.
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AR/VR training solutions are provided for aerospace and defence sectors.
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Developer of life preservation systems and flight assistance tools solutions for pilots
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Virtual airline management tool for flight simulation and performance tracking.
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VR-based pilot training simulations are provided for aviation trainees.
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Provider of a VR-based visualization solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Innovate Labs
When was Innovate Labs founded?
Innovate Labs was founded in 2022.
Where is Innovate Labs located?
Innovate Labs is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
How many employees does Innovate Labs have?
As of the latest available data, the latest employee count at Innovate Labs is 1.
What does Innovate Labs do?
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.
Who are the top competitors of Innovate Labs?
Innovate Labs's top competitors include Bolverk XR, SAFETYN and RaceRocks.
What products or services does Innovate Labs offer?
Innovate Labs offers Design Xperience Suite, Factory ViewAR, InnovatAR, VR Industrial Safety Suite, and AR Aircraft MRO Instructions.