Neuu Labs

Bengaluru, India Founded: 2018 • Age: 8 yrs Minicorn
Payment solutions for vending machines

About Neuu Labs

Neuu Labs is a Financial Services company based in Bengaluru (India) founded in 2018 by Vallieswaran Vairavan and Kali Charan Shukla. Payment solutions for vending machines. Neuu Labs has raised $3.07 million across 2 funding rounds from investors including Lightspeed Venture Partners, Lightspeed India and Sujeet Kumar. The company has 3 employees. Neuu Labs was last valued at $11.38 million in October 2018. Its chief executive, as recorded, is Kali Charan Shukla. Its Indian entity Neuu Labs Private Limited reported revenue of β‚Ή22.3 Lakh. Neuu Labs offers products and services including Neuu Device, Cloud Software, and Touch Screen Interface. Its focus areas include FinTech, Payments, Business Payments and Industry Specific.

Company details

Neuu Labs was founded in 2018 in Bengaluru, India, focusing on the fintech sector for vending machine payments. Transactions are enabled through creditdebit cards and digital wallets at vending machines. Customizable solutions are supplied to operators for integration. Real-time analytics on machine operations and sales data are also delivered to support monitoring and decision-making.

  • Headquarters Bengaluru, India
  • Employees 3
  • Founders Vallieswaran Vairavan, Kali Charan Shukla
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website neuustore.com
  • Legal Name Neuu Labs Private Limited
  • Date of Incorporation 09 Mar, 2018
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹22.3 Lakh

    FY 2025 · -50% YoY

  • Net Loss
    -₹73.5 Lakh

    FY 2025 · -330% margin

  • EBITDA
    -₹44.9 Lakh

    FY 2025 · -202% margin

  • Total Equity Funding
    $3.07M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.84M (USD), Seed

    Oct 2018

  • Investors
  • Employee Count
    3

Products & Services of Neuu Labs

Neuu Labs offers a comprehensive portfolio of products and services, including Neuu Device, Cloud Software, and Touch Screen Interface.

Neuu Device
Smart Vending Solution

Enables cashless payments and remote analytics for vending machines

Cloud Software
Analytics Platform

Provides real-time data insights for machine and sales management

Touch Screen Interface
User Interface

Facilitates on-screen product selection and payment processing

Funding Insights of Neuu Labs

Neuu Labs has successfully raised a total of $3.07M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.84 million completed in October 2018. 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 $3.07M
  • Total Rounds 2
  • Last Round Seed β€” $2.84M
  • First Round $224,158

    (Apr 2018)

  • Investors Count 14

All 2 funding rounds of Neuu Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2018$2.84MSeed$11.38MLightspeed India, Lightspeed Venture Partners
–
Apr 2018$224,158Angel Round$2.26MSujeet Kumar
Valuation history
DateValuationStage
Oct 2018$11.38Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2018$2.26Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $11.38M (Oct 2018). 14 investors in total: 2 institutional and 12 angel.

Investors in Neuu Labs

Neuu Labs has secured backing from 14 investors, including venture fund and angel investors. Prominent investors backing the company include Lightspeed Venture Partners, Lightspeed India and Sujeet Kumar.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investing in innovative startups across technology sectors.
2008lsip.comBengaluru, India
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States

Sujeet Kumar

Co-founder of Udaan, prominent angel investor in Indian startups
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Mekin Maheshwari

Ex-CTO Flipkart, angel investor, founder of Udhyam Learning Foundation
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Amod Malviya

Co-founder of Udaan, tech innovator, and active angel investor in Indian startups.
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Tapas Rudrapatna

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Shashank Navalurkar Dattatreya

Angel investor and tech entrepreneur with focus on early-stage startups in India.
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Pradeep Dodle

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Prakash Thawani

Angel investor and entrepreneur, founder of Thawani Technologies, focused on tech startups
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Gaurav Bhalotia

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Investor details for Neuu Labs

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Neuu Labs Private Limited (Neuu Labs)

Neuu Labs Private Limited is the primary company behind Neuu Labs. The board of Neuu Labs Private Limited currently have 2 directors; the longest-serving is Vallieswaran Vairavan, appointed in 2018. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Vallieswaran Vairavan
DIN 07051012
Director09 Mar 20188 yrs 7 moNeuu Labs Private Limited
Kali Shukla Charan
DIN 08050902
Director09 Mar 20188 yrs 7 moNeuu Labs Private Limited

People of Neuu Labs

4 people are tracked at Neuu Labs (3 in leadership, 1 in team); the tracked headcount is 3.

NameRoleGroup
Co-Founder & CTOLeadership
Co-Founder & CEOLeadership
Sudong CHO
Chief Development Officer & Co-founderLeadership
Sachin Velaga
Senior Full Stack EngineerTeam
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Complete people profiles for Neuu Labs

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  • Full employee list
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Financials of Neuu Labs

Figures of Neuu Labs Private Limited, the primary company behind Neuu Labs, for FY 2025. Revenue was ₹22.3 Lakh (-50% year on year). Net loss was -₹73.5 Lakh (-330% margin). EBITDA was -₹44.9 Lakh (-202% margin). Revenue has grown at a compounded annual rate of -29% over three years and -40% over five years.

  • ₹22.3 LakhRevenue · FY 2025 · -50% YoY
  • -₹73.5 LakhNet loss · -330% margin
  • -₹44.9 LakhEBITDA · -202% margin
  • ₹5.4 LakhPaid-up capital
  • 3Employees (provident fund records)
  • -29%Revenue CAGR, 3 years
  • -40%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Neuu Labs Private Limited are on its company page.

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Detailed financial statements for Neuu Labs

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.

Timeline of Neuu Labs

4 dated milestones of Neuu Labs, from founding to its latest funding, stage changes and deals.

  1. Founded Neuu Labs is founded.
  2. Funding First funding round of $224K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $2.8M.

Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as Neuu Labs (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 2.81 BUSD 1.05 B39,368
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 BUSD 950.07 M12,265
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 741.62 MUSD 302.19 M2,850
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Frequently Asked Questions about Neuu Labs

Neuu Labs was founded in 2018.

Neuu Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Kali Charan Shukla is the CEO of Neuu Labs, as recorded in our data. They have also founded this company.

Neuu Labs is a funded company, having raised a total of $3.07M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $224.16K, raised on Apr 2018.

Neuu Labs has 3 employees.

The primary company behind Neuu Labs, Neuu Labs Private Limited, reported revenue of β‚Ή22.3 Lakh for FY 2025, down 50% year on year.

Neuu Labs was founded in 2018 in Bengaluru, India, focusing on the fintech sector for vending machine payments. Transactions are enabled through creditdebit cards and digital wallets at vending machines. Customizable solutions are supplied to operators for integration. Real-time analytics on machine operations and sales data are also delivered to support monitoring and decision-making.

Neuu Labs offers Neuu Device, Cloud Software, and Touch Screen Interface.

Neuu Labs has 14 investors. Key investors include Lightspeed Venture Partners, Lightspeed India, Sujeet Kumar, Mekin Maheshwari, and Amod Malviya.

The valuation of Neuu Labs is $11.38M as of Oct 2018.

Neuu Labs operates through Neuu Labs Private Limited.

The legal entities of Neuu Labs currently have 2 directors, including Vallieswaran Vairavan, Kali Shukla Charan.

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