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
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Sectors
HealthcareTechnology
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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 Ducere Technologies Private Limited
- Date of Incorporation 08 May, 2012
- Jurisdiction Secunderabad, Telangana, India
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Annual Revenue
$190.89 K (USD)-74.04as on Mar 31, 2021
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Net Profit
$-297.39 K (USD)-448.16as on Mar 31, 2021
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EBITDA
$-158.49 K (USD)-153.99as on Mar 31, 2021
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Total Equity Funding
$5.96 M (USD)
in 4 rounds
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Latest Funding Round
$388.08 K (USD), Seed
May 10, 2022
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Investors
GAIL
& 2 more
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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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $388,083
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First Round
First Round
(01 Nov 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - Lechal | Valuation | GAIL |
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| May, 2018 | Amount | Seed - Lechal | Valuation | IQuest Enterprises |
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| Jun, 2014 | Amount | Angel Round - Lechal | Valuation | Hyacinth Lucy Emanuel |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Natural gas exploration, production, transmission, marketing, and processing are conducted.
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Founded Year | Domain | Location | |
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Provider of foundations services
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Founded Year | Domain | Location | |
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HL
Hyacinth Lucy Emanuel |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lechal
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Lechal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Lechal Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based fall detection and prevention technology is provided for clinics.
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| domain | founded_year | HQ Location |
Senior activities are monitored via AI wearables to detect anomalies.
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| domain | founded_year | HQ Location |
Offers digital platforms for remote monitoring, patient care, homecare, and biotech data analysis.
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| domain | founded_year | HQ Location |
Provider of medical alert system for older adults
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| domain | founded_year | HQ Location |
A voice-controlled watch for elderly care is developed by UnaliWear.
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| domain | founded_year | HQ Location |
Mobility and falls risk assessment product for older adults
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lechal
Frequently Asked Questions about Lechal
When was Lechal founded?
Lechal was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Lechal located?
Lechal is headquartered in Secunderabad, India. It is registered at Secunderabad, Telangana, India.
Who is the current CEO of Lechal?
Krispian Lawrence is the current CEO of Lechal. They have also founded this company.
Is Lechal a funded company?
Lechal is a funded company, having raised a total of $5.96M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $846.66K, raised on Nov 01, 2013.
How many employees does Lechal have?
As of Apr 06, 2024, the latest employee count at Lechal is 8.
What is the annual revenue of Lechal?
Annual revenue of Lechal is $190.89K as on Mar 31, 2021.
What does Lechal do?
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.
Who are the top competitors of Lechal?
Lechal's top competitors include SafelyYou, CarePredict and Medical Guardian.
Who are Lechal's investors?
Lechal has 3 investors. Key investors include GAIL, IQuest Enterprises, and Hyacinth Lucy Emanuel.
What is Lechal's valuation?
The valuation of Lechal is $9.01M as of May 2018.