About Movin Labs
Movin Labs is a Healthcare company based in Chennai (India) founded in 2017. Online supplier of medical lab equipment, diagnostics, and veterinary products. It operates on a B2B and D2C model. The company has 141 employees. Its Indian entity Medsource Ozone Biomedicals Private Limited reported revenue of ₹173 Cr. Movin Labs offers products and services including Blood Collection Tubes, PCR Kits, and Diagnostic Devices. Its focus areas include Veterinary, Animal Health, Diagnostics and Rapid Tests. Similar companies include Entero Healthcare, Keimed and Sandor Medicaids; 3 of its 3 listed similar companies have raised funding.
Company details
Movin Labs is an online platform based in Chennai, India, specializing in supplying medical lab equipment, diagnostic kits, and veterinary products. They offer a wide range of items including blood collection tubes, PCR kits, and instruments for clinical diagnostics. The company serves customers in healthcare, research, and veterinary sectors, providing procurement services with fast delivery options in India and Singapore.
- Headquarters Chennai, India
- Employees 141
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website movinlabs.com
- Social Facebook
- Legal Name Medsource Ozone Biomedicals Pvt Ltd
- Date of Incorporation 07 May, 2003
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹173 Cr
FY 2024 · +22% YoY
- Net Profit₹22.20 Cr
FY 2024 · 13% margin
- EBITDA₹31.19 Cr
FY 2024 · 18% margin
- Employee Count141
Associated legal entities of Movin Labs
Movin Labs operates through Medsource Ozone Biomedicals 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 |
|---|---|---|---|---|---|---|---|
| Medsource Ozone Biomedicals Private Limited CIN U85100DL2003PTC120213 | Active | 07 May 2003 | New Delhi, Delhi | ₹173 Cr | 141 | 3 | View details |
Products & Services of Movin Labs
Movin Labs offers a comprehensive portfolio of products and services, including Blood Collection Tubes, PCR Kits, and Diagnostic Devices.
Tubes used for blood sample collection in medical diagnostics
Kits for polymerase chain reaction testing of infectious diseases
Devices for biochemical and serological testing in labs
Board of directors of Medsource Ozone Biomedicals Private Limited (Movin Labs)
Medsource Ozone Biomedicals Private Limited is the primary company behind Movin Labs. The board of Medsource Ozone Biomedicals Private Limited currently have 3 directors; the longest-serving is Shailesh Kumar Mittal, appointed in 2004. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shailesh Kumar Mittal DIN 00432708 | Director | 04 Mar 2004 | 22 yrs 8 mo | Medsource Ozone Biomedicals Private Limited |
| Prateek Kumar Mittal DIN 00639787 | Director | 02 Apr 2007 | 19 yrs 7 mo | Medsource Ozone Biomedicals Private Limited |
| Devinjit Singh DIN 02275778 | Director | 02 Dec 2021 | 4 yrs 11 mo | Medsource Ozone Biomedicals Private Limited |
Financials of Movin Labs
Figures of Medsource Ozone Biomedicals Private Limited, the primary company behind Movin Labs, for FY 2024. Revenue was ₹173 Cr (+22% year on year). Net profit was ₹22.20 Cr (13% margin). EBITDA was ₹31.19 Cr (18% margin). Revenue has grown at a compounded annual rate of +15% over three years and +20% over five years.
- ₹173 CrRevenue · FY 2024 · +22% YoY
- ₹22.20 CrNet profit · 13% margin
- ₹31.19 CrEBITDA · 18% margin
- ₹1.82 CrPaid-up capital
- 141Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Medsource Ozone Biomedicals Private Limited are on its company page.
Detailed financial statements for Movin Labs
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Similar companies to Movin Labs
Movin Labs has 3 listed similar companies in our database, 3 of them funded. They include Entero Healthcare, Keimed and Sandor Medicaids.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| enterohealthcare.com | 2018 | Mumbai, India | $59.67M | 817 | India's leading healthcare products distribution platform | |
| keimed.com | 2000 | Hyderabad, India | $16.62M | 588 | Temperature-sensitive medicines are distributed via cold chain logistics by Keimed. | |
| sandor.co.in | 1995 | Hyderabad, India | $8.98M | 161 | Provider of medical equipment, devices, and drugs distribution services |
Detailed similar companies of Movin Labs
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Top companies in Diagnostics Laboratories
3 companies that operate in the same segment as Movin Labs (Diagnostics Laboratories) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diagnostic testing centers for pathology and health screenings are operated. | 1996 | Mumbai, Maharashtra, India | USD 63.59 M | USD 90.17 M | 1,979 | |
Chain of pathology and radiology labs | 1949 | Gurugram, Haryana, India | USD 13.9 M | USD 294.49 M | 5,310 | |
Home-based diagnostic tests are booked via an online platform. | 2018 | Noida, Uttar Pradesh, India | USD 116.42 M | USD 41.86 M | 2,308 |
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Frequently Asked Questions about Movin Labs
Movin Labs was founded in 2017.
Movin Labs is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Movin Labs has 141 employees.
The primary company behind Movin Labs, Medsource Ozone Biomedicals Private Limited, reported revenue of ₹173 Cr for FY 2024, up 22% year on year.
Movin Labs is an online platform based in Chennai, India, specializing in supplying medical lab equipment, diagnostic kits, and veterinary products. They offer a wide range of items including blood collection tubes, PCR kits, and instruments for clinical diagnostics. The company serves customers in healthcare, research, and veterinary sectors, providing procurement services with fast delivery options in India and Singapore.
Movin Labs's top competitors include Entero Healthcare, Keimed and Sandor Medicaids.
Movin Labs offers Blood Collection Tubes, PCR Kits, and Diagnostic Devices.
Movin Labs operates through Medsource Ozone Biomedicals Private Limited.
The legal entities of Movin Labs currently have 3 directors, including Prateek Kumar Mittal, Devinjit Singh, Shailesh Kumar Mittal.