About LBIT Labs
LBIT Labs is a Technology company based in Hyderabad (India) founded in 2014. It operates as an automated platform for managing receivables. It operates on a B2B model. The company has 10 employees. Its Indian entity Lbit Labs Private Limited reported revenue of ₹25 Lakh. Its focus areas include FinTech, Financial Software and Receivable Management. Its competitors include Model N, Nomba, Cerillion, Cacheflow and Xifin and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
LBIT Labs operates with a B2B model, focusing on leveraging cutting-edge technology, innovating financial technology, financial software, and receivable management. Operates as an automated platform for managing receivables. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Hyderabad, India
- Employees 10
- SectorsTechnology
- Website lbitlabs.com
- Social X
- Legal Name Lbit Labs Private Limited
- Date of Incorporation 28 Nov, 2014
- Jurisdiction Visakhapatnam, Andhra Pradesh, India
- Annual Revenue₹25 Lakh
FY 2025 · +2% YoY
- Net Loss-₹52.5 Lakh
FY 2025 · -210% margin
- EBITDA₹23.1 Lakh
FY 2025 · 92% margin
- Employee Count10
Associated legal entities of LBIT Labs
LBIT Labs operates through Lbit 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 |
|---|---|---|---|---|---|---|---|
| Lbit Labs Private Limited CIN U67190AP2014PTC095719 | Active | 28 Nov 2014 | Visakhapatnam, Andhra Pradesh | ₹0.2 Cr | 10 | 2 | View details |
Board of directors of Lbit Labs Private Limited (LBIT Labs)
Lbit Labs Private Limited is the primary company behind LBIT Labs. The board of Lbit Labs Private Limited currently have 2 directors; the longest-serving is Tagorji Yerneni, appointed in 2015. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tagorji Yerneni DIN 07045627 | Director | 06 Feb 2015 | 11 yrs 8 mo | Lbit Labs Private Limited |
| Rajiv Mahesh Sanghvi DIN 00322203 | Director | 30 Sep 2019 | 7 yrs | Lbit Labs Private Limited |
Financials of LBIT Labs
Figures of Lbit Labs Private Limited, the primary company behind LBIT Labs, for FY 2025. Revenue was ₹25 Lakh (+2% year on year). Net loss was -₹52.5 Lakh (-210% margin). EBITDA was ₹23.1 Lakh (92% margin). Revenue has grown at a compounded annual rate of -23% over three years and -4% over five years.
- ₹25 LakhRevenue · FY 2025 · +2% YoY
- -₹52.5 LakhNet loss · -210% margin
- ₹23.1 LakhEBITDA · 92% margin
- ₹20 LakhPaid-up capital
- 10Employees (provident fund records)
- -23%Revenue CAGR, 3 years
- -4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lbit Labs Private Limited are on its company page.
Detailed financial statements for LBIT Labs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of LBIT Labs
LBIT Labs has 9 listed competitors in our database, 8 of them funded. They include Model N, Nomba, Cerillion, Cacheflow and Xifin, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| modeln.com | 1999 | San Mateo, United States | $37M | 544 | Cloud-based revenue management solution for life sciences and hi-tech companies | |
| nomba.com | 2016 | Lagos, Nigeria | $37.71M | – | App-based payment solutions are offered for small and medium businesses. | |
| cerillion.com | 1999 | London, United Kingdom | $9M | 252 | Cloud-based billing and customer management solutions are provided for businesses. | |
| getcacheflow.com | 2021 | Los Altos, United States | $16M | – | Cloud-based quote-to-cash solutions are offered for invoice management. | |
| xifin.com | 1997 | San Diego, United States | $6M | 861 | Cloud-based billing & revenue cycle management solutions for diagnostic service providers | |
| parasut.com | 2013 | Istanbul, Turkey | $3.99M | – | Cloud-based invoice management and collection solutions for small & medium businesses | |
| apttus.com | 2006 | San Mateo, United States | $474.25M | 680 | Quote-to-cash solutions for businesses | |
| trovata.io | 2016 | San Diego, United States | $56.83M | 104 | Cash flow analysis is automated for businesses using open banking. | |
| klarity.in | 2017 | Mumbai, India | – | – | Career guidance and resume writing services are provided by Klarity. |
Detailed competitors of LBIT Labs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as LBIT Labs (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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Frequently Asked Questions about LBIT Labs
LBIT Labs was founded in 2014.
LBIT Labs is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
LBIT Labs has 10 employees.
The primary company behind LBIT Labs, Lbit Labs Private Limited, reported revenue of ₹25 Lakh for FY 2025, up 2% year on year.
LBIT Labs operates with a B2B model, focusing on leveraging cutting-edge technology, innovating financial technology, financial software, and receivable management. Operates as an automated platform for managing receivables. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
LBIT Labs operates through Lbit Labs Private Limited.
The legal entities of LBIT Labs currently have 2 directors, including Tagorji Yerneni, Rajiv Mahesh Sanghvi.