LabInApp

Hubli, India Founded: 2014 • Age: 12 yrs Acquired By BYJU'S
3D virtual lab platform interact, visualize and explore experiments

About LabInApp

LabInApp is an Education company based in Hubli (India) founded in 2014 by Vinayak Hulabutti, and was acquired by BYJU'S in September 2020. 3D virtual lab platform interact, visualize and explore experiments. LabInApp has raised $94.34 thousand across 1 funding round from investors including BYJU'S, Sylvant Advisors and Capria. LabInApp was last valued at $541.45 thousand in June 2015. The company was acqui-hired. Its focus areas include EdTech, K-12 EdTech, B2B2C Learning Solutions and School Curriculum. Its legal entity in India is Labinapp Technology Private Limited (U72200KA2014PTC077692). Its competitors include Sparsha Learning Technologies and Scholarlab; 1 of its 2 listed competitors has raised funding.

Company details

LabInApp was founded in 2014 in Hubli, India, operating in the edtech sector. A cloud-based 3D virtual laboratory platform, iLab, is provided for schools and educational institutions. Science experiments for 11th and 12th standards are simulated according to the CBSE syllabus, enabling performance on computers or mobile devices via Windows and Mac apps. Interactive diagrams are correlated with theoretical concepts in real-time, bypassing physical lab constraints.

Key Metrics
  • Annual Revenue
    ₹24,100

    FY 2023 · -100% YoY

  • Net Loss
    -₹5.9 Lakh

    FY 2023 · -2429% margin

  • EBITDA
    -₹5.8 Lakh

    FY 2023 · -2427% margin

  • Total Equity Funding
    $94.34K (USD)

    in 1 rounds

  • Latest Funding Round
    $94.34K (USD), Seed

    Jun 2015

  • Investors
    BYJU'S

    & 3 more

  • Acquired by
    BYJU'S

    (Sep 2020)

Funding Insights of LabInApp

LabInApp has successfully raised a total of $94.34K through 1 strategic funding round. The most recent funding activity was a Seed round of $94.34 thousand completed in June 2015. 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 $94,338
  • Total Rounds 1
  • Last Round Seed β€” $94,338
  • First Round $94,338

    (Jun 2015)

  • Investors Count 3

All 1 funding rounds of LabInApp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2015$94,338Seed$541,452Capria
Valuation history

Last known valuation $541,452 (Jun 2015). 4 investors in total: 3 institutional and 1 angel.

Investors in LabInApp

LabInApp has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include BYJU'S, Sylvant Advisors and Capria.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in applied generative AI
capria.vcSeattle, United States
Advisory services are offered by Sylvant Advisors in India.
2012gosylvant.comBengaluru, India
Online learning programs for K-12 education are delivered.
2011byjus.comBengaluru, India

Madan Padaki

Co-founder of Head Held High, angel investor, social impact advocate
unknown_6e97f0eeaf0b4bdf8
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Investor details for LabInApp

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Board of directors of Labinapp Technology Private Limited (LabInApp)

Labinapp Technology Private Limited is the primary company behind LabInApp. The board of Labinapp Technology Private Limited currently have 4 directors; the longest-serving is Pavan Sadashiv Shindhe, appointed in 2014.

DirectorDesignationAppointedTenureEntity
Pavan Sadashiv Shindhe
DIN 07007788
Director09 Dec 201411 yrs 10 moLabinapp Technology Private Limited
Pramod Damodar Ramdurg
DIN 07007790
Director09 Dec 201411 yrs 10 moLabinapp Technology Private Limited
Girish Basavaraj Shirigannavar
DIN 07007903
Director09 Dec 201411 yrs 10 moLabinapp Technology Private Limited
Ganesh Pai Panduranga
DIN 06802813
IRP/RP/Liquidator15 May 20242 yrs 5 moLabinapp Technology Private Limited

People of LabInApp

1 people are tracked at LabInApp (1 in leadership).

NameRoleGroup
Vinayak Hulabutti
Co-Founder & CMOLeadership
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Financials of LabInApp

Figures of Labinapp Technology Private Limited, the primary company behind LabInApp, for FY 2023. Revenue was ₹24,100 (-100% year on year). Net loss was -₹5.9 Lakh (-2429% margin). EBITDA was -₹5.8 Lakh (-2427% margin). Revenue has grown at a compounded annual rate of -82% over three years and -62% over five years.

  • ₹24,100Revenue · FY 2023 · -100% YoY
  • -₹5.9 LakhNet loss · -2429% margin
  • -₹5.8 LakhEBITDA · -2427% margin
  • ₹1.2 LakhPaid-up capital
  • -82%Revenue CAGR, 3 years
  • -62%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Labinapp Technology Private Limited are on its company page.

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Detailed financial statements for LabInApp

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Timeline of LabInApp

3 dated milestones of LabInApp across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded LabInApp is founded.
  2. Funding First funding round of $94K.
  3. Exit Acquired by BYJU'S.

Competitors of LabInApp

LabInApp has 2 listed competitors in our database, 1 of them funded. They include Sparsha Learning Technologies and Scholarlab.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sparsha-learning.com2010Kharagpur, India
Sparsha Learning Technologies provides activity-based learning through interactive simulations.
scholarlab.in2018Pune, India$146,664
Online platform for virtual science labs
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Detailed competitors of LabInApp

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Web traffic of LabInApp

The website of LabInApp (labinapp.com) receives about 3.3K visits a month.

  • Monthly visits
    3.3K

    ▲ 1139.8% vs previous month

Top companies in Education Technology Platforms

3 companies that operate in the same segment as LabInApp (Education Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 275 MUSD 415.66 M15,046
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 107.78 M
Integrated edtech systems are provided for K-12 schools.
2012Mumbai, Maharashtra, IndiaUSD 172.33 MUSD 45.8 M1,140
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Related news about Labinapp

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Frequently Asked Questions about LabInApp

LabInApp was founded in 2014 and raised its 1st funding round 1 year after it was founded.

LabInApp is headquartered in Hubli, India. It is registered at Hubli, Karnataka, India.

LabInApp is a funded company, having raised a total of $94.34K across 1 funding round to date. The company's 1st funding round was a Seed of $94.34K, raised on Jun 2015.

The primary company behind LabInApp, Labinapp Technology Private Limited, reported revenue of β‚Ή24,100 for FY 2023, down 100% year on year.

LabInApp was founded in 2014 in Hubli, India, operating in the edtech sector. A cloud-based 3D virtual laboratory platform, iLab, is provided for schools and educational institutions. Science experiments for 11th and 12th standards are simulated according to the CBSE syllabus, enabling performance on computers or mobile devices via Windows and Mac apps. Interactive diagrams are correlated with theoretical concepts in real-time, bypassing physical lab constraints.

LabInApp's top competitors include Sparsha Learning Technologies and Scholarlab.

LabInApp has 4 investors. Key investors include BYJU'S, Sylvant Advisors, Capria, and Madan Padaki.

The valuation of LabInApp is $541.45K as of Jun 2015.

LabInApp operates through Labinapp Technology Private Limited.

Yes. LabInApp was acquired by BYJU'S in September 2020.

The legal entities of LabInApp currently have 4 directors, including Ganesh Pai Panduranga, Pavan Sadashiv Shindhe, Pramod Damodar Ramdurg and others.

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