Neuu Labs

Bengaluru, India Founded: 2018 • Age: 8 yrs
Payment solutions for vending machines
Annual revenue $76,199 Latest available
Total funding $3.1M 2 rounds
Employees 3 Tracked headcount
Investors 14 Known backers
Products 3 Services tracked
Competitors 3 Brand Intelligence

About Neuu Labs

Neuu Labs is a company based in Bengaluru (India) founded in 2018 by Vallieswaran Vairavan and Kali Charan Shukla. 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 as of April 07, 2024. Neuu Labs offers products and services including Neuu Device, Cloud Software, and Touch Screen Interface. Neuu Labs operates in a competitive market with competitors including OTI and KPay Innovation, among others.

  • Headquarter Bengaluru, India
  • Employees 3 as on 07 Apr, 2024
  • Founders Vallieswaran Vairavan, Kali Charan Shukla
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Neuu Labs Private Limited
  • Date of Incorporation 09 Mar, 2018
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $76.2 K (USD)
    -57.32
    as on Mar 31, 2022
  • Net Profit
    -$339.04 K (USD)
    39.82
    as on Mar 31, 2022
  • EBITDA
    -$205.79 K (USD)
    63.82
    as on Mar 31, 2022
  • Total Equity Funding
    $3.07 M (USD)

    in 2 rounds

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

    Oct 26, 2018

  • Investors
  • Employee Count
    3

    as on Apr 07, 2024

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Products & Services of Neuu Labs

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

Product name locked
Category locked
Primary

Enables cashless payments and remote analytics for vending machines

Product name locked
Category locked
Locked

Provides real-time data insights for machine and sales management

Product name locked
Category locked
Locked

Facilitates on-screen product selection and payment processing

People of Neuu Labs

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Sachin Velaga
Senior Full Stack Engineer
People
Kali Charan Shukla
Co-Founder & CEO
People
Sudong CHO
Chief Development Officer & Co-founder
People
Vallieswaran Vairavan
Co- Founder & CTO

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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.

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
Investor Description Founded Year Domain Location
Venture capital investing in innovative startups across technology sectors.
Locked Locked Locked
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
Locked Locked Locked

Sujeet Kumar

Co-founder of Udaan, prominent angel investor in Indian startups
Locked Locked Locked
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Investor details for Neuu Labs

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Investments & Acquisitions by Neuu Labs

Investments
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Investment portfolio details for Neuu Labs

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  • Transaction dates
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Financial Statements - Neuu Labs

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Detailed financials for Neuu Labs

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Neuu Labs Comparisons

Neuu Labs Primary company
Description
Payment solutions for vending machines
Location
Bengaluru, India
Founded Year
2018
Annual Revenue
$76.2 K (USD)
Net Profit
-$339.04 K (USD)
EBITDA
-$205.79 K (USD)
Employees
3
As of 2024
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Peer comparison for Neuu Labs

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Competitors of Neuu Labs

Neuu Labs 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 OTI and KPay Innovation, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Payments for wearable devices are enabled via cloud-integrated platform.
Locked Locked Locked
Pay-as-you-go platform for device payments and accessibility without upfront costs.
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Detailed competitors of Neuu Labs

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Latest news on Neuu Labs

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Complete news archive for Neuu Labs

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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 current CEO of Neuu Labs. 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.

As of Apr 07, 2024, the latest employee count at Neuu Labs is 3.

Annual revenue of Neuu Labs is $76.2K as on Mar 31, 2022.

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's top competitors include OTI and KPay Innovation.

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.

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