LazyLad

Gurugram, India Founded: 2015 • Age: 11 yrs
A mobile app designed for convenient local shopping experiences.

About LazyLad

LazyLad was a Retail company based in Gurugram (India) founded in 2015. A mobile app designed for convenient local shopping experiences. It operates on a B2C model. LazyLad has raised $600 thousand across 2 funding rounds from investors including GHV Accelerator. Its Indian entity Angular Technologies Private Limited reported revenue of β‚Ή7.4 Lakh. The company is recorded as dissolved. Its focus areas include E-Commerce, Retail Applications, Mobile Shopping and Local Services. Its competitors include HyperPure, WayCool and FarMart; 3 of its 3 listed competitors have raised funding.

Company details

LazyLad a mobile app designed for convenient local shopping experiences, focusing on e-commerce, retail applications, mobile shopping, and local services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Key Metrics
  • Annual Revenue
    ₹7.4 Lakh

    FY 2017 · +147% YoY

  • Net Loss
    -₹39.3 Lakh

    FY 2017 · -530% margin

  • EBITDA
    -₹33.7 Lakh

    FY 2017 · -454% margin

  • Total Equity Funding
    $600K (USD)

    in 2 rounds

  • Latest Funding Round
    $500K (USD), Seed

    Jul 2015

  • Investors

Funding Insights of LazyLad

LazyLad has successfully raised a total of $600K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in July 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 $600,000
  • Total Rounds 2
  • Last Round Seed β€” $500,000
  • First Round $100,000

    (May 2015)

  • Investors Count 1

All 2 funding rounds of LazyLad with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2015$500,000Seed––
–
May 2015$100,000Seed––
Valuation history

1 investors in total: 1 institutional.

Investors in LazyLad

LazyLad has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include GHV Accelerator.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Startup accelerator
2014ghvaccelerator.comGurugram, India
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Investor details for LazyLad

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Board of directors of Angular Technologies Private Limited (LazyLad)

Angular Technologies Private Limited is the primary company behind LazyLad. The board of Angular Technologies Private Limited currently have 2 directors; the longest-serving is Saurabh Singla, appointed in 2013. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Saurabh Singla
DIN 06708201
Director22 Nov 201312 yrs 11 moAngular Technologies Private Limited
Paresh Goel
DIN 06708222
Director22 Nov 201312 yrs 11 moAngular Technologies Private Limited

Financials of LazyLad

Figures of Angular Technologies Private Limited, the primary company behind LazyLad, for FY 2017. Revenue was ₹7.4 Lakh (+147% year on year). Net loss was -₹39.3 Lakh (-530% margin). EBITDA was -₹33.7 Lakh (-454% margin). Revenue has grown at a compounded annual rate of +72% over three years.

  • ₹7.4 LakhRevenue · FY 2017 · +147% YoY
  • -₹39.3 LakhNet loss · -530% margin
  • -₹33.7 LakhEBITDA · -454% margin
  • ₹1.6 LakhPaid-up capital
  • +72%Revenue CAGR, 3 years

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

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Detailed financial statements for LazyLad

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Timeline of LazyLad

3 dated milestones of LazyLad, from founding to its latest funding, stage changes and deals.

  1. Founded LazyLad is founded.
  2. Funding First funding round of $100K.
  3. Funding Latest funding round, Seed, of $500K.

Competitors of LazyLad

LazyLad has 3 listed competitors in our database, 3 of them funded. They include HyperPure, WayCool and FarMart.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hyperpure.com2015Delhi, India$1.11M3,302
Food industry ingredients are supplied via a B2B platform.
waycool.in2015Chennai, India$365.53M164
Provider of food supply chain management and farming solutions.
farmart.co2015Gurugram, India$51.11M296
SaaS-based B2B solutions for food supply chains are provided.
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Detailed competitors of LazyLad

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Top companies in Fashion & Lifestyle E-Commerce

3 companies that operate in the same segment as LazyLad (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
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Related news about Lazylad

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Frequently Asked Questions about LazyLad

LazyLad was founded in 2015.

LazyLad is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

LazyLad is a funded company, having raised a total of $600K across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on May 2015.

The primary company behind LazyLad, Angular Technologies Private Limited, reported revenue of β‚Ή7.4 Lakh for FY 2017, up 147% year on year.

LazyLad a mobile app designed for convenient local shopping experiences, focusing on e-commerce, retail applications, mobile shopping, and local services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

LazyLad's top competitors include FarMart, WayCool and HyperPure.

LazyLad has 1 investor. Key investors include GHV Accelerator.

LazyLad operates through Angular Technologies Private Limited.

The legal entities of LazyLad currently have 2 directors, including Saurabh Singla, Paresh Goel.

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