About LYK
LYK is a Technology company based in Manhasset (United States) founded in 2017 by Adris Chakraborty and Megha Chakraborty. It serves as a private social networking platform for users. It operates on a B2C model. The company has 5 employees. Its chief executive, as recorded, is Adris Chakraborty. Its Indian entity Lyk App India Private Limited reported revenue of ₹44.6 Lakh. Its focus areas include Social Media, Networking Platforms and Private Networks. Its competitors include Facebook, Tagged and VK; 2 of its 3 listed competitors have raised funding.
Company details
LYK operates with a B2C model, focusing on leveraging cutting-edge technology, managing social media platforms, networking platforms, and private networks. Serves as a private social networking platform for users. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Manhasset, United States
- Employees 5
- Founders Adris Chakraborty, Megha Chakraborty
- SectorsTechnology
- Website lykapp.com
- Social X Facebook
- Legal Name Lyk App India Private Limited
- Date of Incorporation 04 Mar, 2014
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹44.6 Lakh
FY 2024 · -43% YoY
- Indian entity net loss-₹43.1 Lakh
FY 2024 · -97% margin
- Indian entity EBITDA-₹43 Lakh
FY 2024 · -96% margin
- Employee Count5
Associated legal entities of LYK
LYK operates through Lyk App India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lyk App India Private Limited CIN U74120MH2014PTC253804 | Active | 04 Mar 2014 | Mumbai, Maharashtra | ₹0.4 Cr | 5 | 2 | View details |
Board of directors of Lyk App India Private Limited (LYK)
Lyk App India Private Limited is the primary company behind LYK. The board of Lyk App India Private Limited currently have 2 directors; the longest-serving is Adris Chakraborty, appointed in 2014. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Adris Chakraborty DIN 02180963 | Director | 04 Mar 2014 | 12 yrs 7 mo | Lyk App India Private Limited |
| Poulami Mukherjee DIN 07397864 | Director | 21 Dec 2015 | 10 yrs 10 mo | Lyk App India Private Limited |
People of LYK
2 people are tracked at LYK (2 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
Megha Chakraborty | Co-Founder | Leadership |
Complete people profiles for LYK
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Financials of LYK
Figures of Lyk App India Private Limited, the primary company behind LYK, for FY 2024. Revenue was ₹44.6 Lakh (-43% year on year). Net loss was -₹43.1 Lakh (-97% margin). EBITDA was -₹43 Lakh (-96% margin). Revenue has grown at a compounded annual rate of -26% over three years and +48% over five years.
- ₹44.6 LakhRevenue · FY 2024 · -43% YoY
- -₹43.1 LakhNet loss · -97% margin
- -₹43 LakhEBITDA · -96% margin
- ₹1.63 CrPaid-up capital
- 5Employees (provident fund records)
- -26%Revenue CAGR, 3 years
- +48%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lyk App India Private Limited are on its company page.
Detailed financial statements for LYK
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of LYK
LYK has 3 listed competitors in our database, 2 of them funded. They include Facebook, Tagged and VK.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| facebook.com | 2004 | Menlo Park, United States | $1.77B | 67,317 | Online social networking and communication services are provided globally. | |
| tagged.com | 2004 | San Francisco, United States | $23.5M | 299 | Mobile/web social discovery website | |
| vk.com | 2006 | St Petersburg, United States | Photos and videos are shared via an app-based social platform. |
Detailed competitors of LYK
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Frequently Asked Questions about LYK
LYK was founded in 2017.
LYK is headquartered in Manhasset, United States. It is registered at Manhasset, New York, United States.
Adris Chakraborty is the CEO of LYK, as recorded in our data. They have also founded this company.
The primary company behind LYK, Lyk App India Private Limited, reported revenue of ₹44.6 Lakh for FY 2024, down 43% year on year.
LYK operates with a B2C model, focusing on leveraging cutting-edge technology, managing social media platforms, networking platforms, and private networks. Serves as a private social networking platform for users. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
LYK operates through Lyk App India Private Limited.
The legal entities of LYK currently have 2 directors, including Poulami Mukherjee, Adris Chakraborty.