Lechal

Secunderabad, India Founded: 2011 • Age: 15 yrs
Smart footwear with haptic navigation and fitness tracking is provided.
Annual revenue $190,888 Latest available
Total funding $6.0M 4 rounds
Employees 8 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Lechal

Lechal is a company based in Secunderabad (India) founded in 2011 by Niharika Lawrence and Krispian Lawrence. Lechal has raised $5.96 million across 4 funding rounds from investors including GAIL, IQuest Enterprises and Hyacinth Lucy Emanuel. The company has 8 employees as of April 06, 2024. Lechal operates in a competitive market with competitors including SafelyYou, CarePredict, DomoSafety, Medical Guardian and UnaliWear, among others.

  • Headquarter Secunderabad, India
  • Employees 8 as on 06 Apr, 2024
  • Founders Niharika Lawrence, Krispian Lawrence
  • Stage Minicorn
  • Sectors
    Healthcare
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ducere Technologies Private Limited
  • Date of Incorporation 08 May, 2012
  • Jurisdiction Secunderabad, Telangana, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $190.89 K (USD)
    -74.04
    as on Mar 31, 2021
  • Net Profit
    -$297.39 K (USD)
    -448.16
    as on Mar 31, 2021
  • EBITDA
    -$158.49 K (USD)
    -153.99
    as on Mar 31, 2021
  • Total Equity Funding
    $5.96 M (USD)

    in 4 rounds

  • Latest Funding Round
    $388.08 K (USD), Seed

    May 10, 2022

  • Investors
    GAIL

    & 2 more

  • Employee Count
    8

    as on Apr 06, 2024

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Funding Insights of Lechal

Lechal has successfully raised a total of $5.96M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $388.08 thousand completed in May 2022. 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.

Investors in Lechal

Lechal has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include GAIL, IQuest Enterprises and Hyacinth Lucy Emanuel.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Natural gas exploration, production, transmission, marketing, and processing are conducted.
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Provider of foundations services
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Hyacinth Lucy Emanuel

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Investments & Acquisitions by Lechal

Investments
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Financial Statements - Lechal

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Lechal Comparisons

Lechal Primary company
Description
Smart footwear with haptic navigation and fitness tracking i...
Location
Secunderabad, India
Founded Year
2011
Annual Revenue
$190.89 K (USD)
Net Profit
-$297.39 K (USD)
EBITDA
-$158.49 K (USD)
Employees
8
As of 2024
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Peer comparison for Lechal

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Competitors of Lechal

Lechal 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 SafelyYou, CarePredict, DomoSafety, Medical Guardian and UnaliWear, among others.

Company Name Domain Founded year HQ Location Description
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AI-based fall detection and prevention technology is provided for clinics.
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Senior activities are monitored via AI wearables to detect anomalies.
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Offers digital platforms for remote monitoring, patient care, homecare, and biotech data analysis.
Locked Locked Locked
Provider of medical alert system for older adults
Locked Locked Locked
A voice-controlled watch for elderly care is developed by UnaliWear.
Locked Locked Locked
Mobility and falls risk assessment product for older adults
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Detailed competitors of Lechal

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Latest news on Lechal

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Frequently Asked Questions about Lechal

Lechal was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Lechal is headquartered in Secunderabad, India. It is registered at Secunderabad, Telangana, India.

Krispian Lawrence is the current CEO of Lechal. They have also founded this company.

Lechal is a funded company, having raised a total of $5.96M across 4 funding rounds to date.

As of Apr 06, 2024, the latest employee count at Lechal is 8.

Annual revenue of Lechal is $190.89K as on Mar 31, 2021.

Lechal was established in 2011 in Secunderabad, India, within the wearable technology sector. Smart footwear equipped with haptic navigation and fitness tracking is developed and supplied. Mobility and independent travel are supported, especially for visually impaired users, through intuitive vibration-based guidance. Operations focus on integrating these features into everyday footwear for practical use across various geographies.

Lechal's top competitors include SafelyYou, CarePredict and Medical Guardian.

Lechal has 3 investors. Key investors include GAIL, IQuest Enterprises, and Hyacinth Lucy Emanuel.

The valuation of Lechal is $9.01M as of May 2018.

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