About Lothal Labs
Lothal Labs is an Agriculture company based in Bengaluru (India) founded in 2017 by Sunil Mahendrakar and Sumeet Garnaik. It develops an online platform connecting urban buyers with farmers for direct agricultural transactions. It operates on a B2C model. Its focus areas include Agri-tech, Online Marketplace and Farmer-Consumer Connection. Its legal entity in India is Lothal Laboratories Private Limited (U74999KA2017PTC105756). Similar companies include Blinkit, Bigbasket, Swiggy, Dunzo and Otipy and 3 more; 8 of its 8 listed similar companies have raised funding.
Company details
Lothal Labs develops an online platform connecting urban buyers with farmers for direct agricultural transactions, focusing on engaging in agricultural activities, agri-tech, online marketplace, and farmer-consumer connection. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Bengaluru, India
- Founders Sunil Mahendrakar, Sumeet Garnaik
- SectorsAgriculture
- Website lothal-labs.com
- Social X Facebook
- Legal Name Lothal Laboratories Private Limited
- Date of Incorporation 22 Aug, 2017
- Jurisdiction Bangalore, Karnataka, India
- Net Loss-₹34,000
FY 2022 · 0% margin
- EBITDA-₹27,600
FY 2022 · 0% margin
Associated legal entities of Lothal Labs
Lothal Labs operates through Lothal Laboratories Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lothal Laboratories Private Limited CIN U74999KA2017PTC105756 | Active | 22 Aug 2017 | Bangalore, Karnataka | – | – | 2 | View details |
Board of directors of Lothal Laboratories Private Limited (Lothal Labs)
Lothal Laboratories Private Limited is the primary company behind Lothal Labs. The board of Lothal Laboratories Private Limited currently have 2 directors; the longest-serving is Sunil Kumar Mahendrakar, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunil Kumar Mahendrakar DIN 07902855 | Director | 22 Aug 2017 | 9 yrs 1 mo | Lothal Laboratories Private Limited |
| Sumeet Garnaik DIN 07916036 | Director | 22 Aug 2017 | 9 yrs 1 mo | Lothal Laboratories Private Limited |
People of Lothal Labs
2 people are tracked at Lothal Labs (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Lothal Labs
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Financials of Lothal Labs
Figures of Lothal Laboratories Private Limited, the primary company behind Lothal Labs, for FY 2022. Net loss was -₹34,000 (0% margin). EBITDA was -₹27,600 (0% margin).
- -₹34,000Net loss · 0% margin
- -₹27,600EBITDA · 0% margin
- ₹50,000Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Lothal Laboratories Private Limited are on its company page.
Detailed financial statements for Lothal Labs
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Similar companies to Lothal Labs
Lothal Labs has 8 listed similar companies in our database, 8 of them funded. They include Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blinkit.com | 2013 | Gurugram, India | $757.52M | 5,975 | Instant delivery of groceries and essentials is facilitated online. | |
| bigbasket.com | 2011 | Bengaluru, India | $943.07M | 22,095 | Personal and household products are delivered via an e-commerce platform. | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. | |
| dunzo.com | 2014 | Bengaluru, India | $449.13M | 195 | Operates an on-demand hyperlocal delivery app for food and groceries. | |
| otipy.com | 2020 | Gurugram, India | $44.2M | 87 | Grocery products are provided via an online digital storefront. | |
| pluckk.in | 2017 | Mumbai, India | $21.07M | 130 | Fresh produce and prepared meal kits are delivered online. | |
| deeprooted.co | 2018 | Bengaluru, India | $24.52M | 12 | Farm-based fruits and vegetables are delivered via an online platform. | |
| ondoor.com | 2014 | Bhopal, India | $3.42M | 36 | Provider of online platform offering grocery, household items, cakes, and flowers |
Detailed similar companies of Lothal Labs
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Top companies in AgriTech & Smart Farming
10 companies that operate in the same segment as Lothal Labs (AgriTech & Smart Farming), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Early-stage investments in digital, climate, and deep science technologies. | 2011 | Mumbai, Maharashtra, India | – | USD 1.11 M | – | |
Incubation of social enterprises in climate-smart agriculture, healthcare, and climate action sectors. | 2001 | Chennai, Tamil Nadu, India | – | USD 2.51 M | – | |
Bioscience research, innovation, and entrepreneurship facilitation in life sciences are conducted in India. | 2010 | Bengaluru, Karnataka, India | – | USD 2.02 M | – | |
Operates an online portal for sharing agriculture information. | 2007 | Mumbai, Maharashtra, India | USD 13.21 M | USD 452.25 K | 19 | |
Provides white-labeled solutions to enhance operations in the agriculture industry. | 2006 | Mumbai, Maharashtra, India | – | USD 5.26 M | 273 | |
Provides platforms for water management, agriculture, and disaster monitoring. | 2014 | Hyderabad, Telangana, India | – | USD 6.1 M | 63 | |
Supporting startups through incubation, funding, and innovation services in India. | 2016 | Hubli, Karnataka, India | – | USD 748.77 K | 58 | |
Provides hybrid rice seeds and sustainable farming solutions for Indian growers. | 2010 | Gurugram, Haryana, India | – | USD 28.07 M | 186 | |
Delivers a farm automation and business intelligence platform for Indian farmers. | 2014 | Bengaluru, Karnataka, India | USD 239.86 K | USD 53.44 K | 19 | |
Offers IoT-based automation for irrigation, climate control, and farm management. | 2017 | Pune, Maharashtra, India | – | USD 21.9 | – |
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Frequently Asked Questions about Lothal Labs
Lothal Labs was founded in 2017.
Lothal Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Lothal Labs develops an online platform connecting urban buyers with farmers for direct agricultural transactions, focusing on engaging in agricultural activities, agri-tech, online marketplace, and farmer-consumer connection. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Lothal Labs operates through Lothal Laboratories Private Limited.
The legal entities of Lothal Labs currently have 2 directors, including Sunil Kumar Mahendrakar, Sumeet Garnaik.