OneLabs

Gurugram, India Founded: 2015 • Age: 11 yrs Minicorn
Multiple local services are aggregated online via an Android app.

About OneLabs

OneLabs is a Technology company based in Gurugram (India) founded in 2015 by Aashish gupta, Rahul Gupta, and Ankit Sharma. Multiple local services are aggregated online via an Android app. OneLabs has raised $313.9 thousand across 3 funding rounds from investors including Micromax Informatics, Puneet Gupta and Savio Joseph. OneLabs was last valued at $2.59 million in March 2017. Its Indian entity Red Ginger Technologies Private Limited reported revenue of β‚Ή58.9 Lakh. Its focus areas include Consumer, Mobile App Studios and Mobile.

Company details

OneLabs was founded in 2015 in Gurugram, India, focusing on the service aggregation sector. Local services are aggregated through an online platform, where users search and book them using an Android app. AI-enabled personal assistant bot solutions are provided to support user interactions. Operations center on facilitating access to various local services in the Indian market.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹58.9 Lakh

    FY 2019 · +2863% YoY

  • Net Loss
    -₹8.4 Lakh

    FY 2019 · -14% margin

  • EBITDA
    ₹14.7 Lakh

    FY 2019 · 25% margin

  • Total Equity Funding
    $313.9K (USD)

    in 3 rounds

  • Latest Funding Round
    $153.22K (USD), Seed

    Mar 2018

  • Investors

Funding Insights of OneLabs

OneLabs has successfully raised a total of $313.9K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $153.22 thousand completed in March 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 $313,899
  • Total Rounds 3
  • Last Round Seed β€” $153,222
  • First Round $24,487

    (Oct 2015)

  • Investors Count 6

All 3 funding rounds of OneLabs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2018$153,222Seed–Micromax Informatics
–
Mar 2017$136,190Seed$2.59MMicromax Informatics
–
Oct 2015$24,487Angel Round$1.52MPuneet Gupta, Puneet Gupta
Valuation history
DateValuationStage
Mar 2017$2.59Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2015$1.52Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.59M (Mar 2017). 6 investors in total: 1 institutional and 5 angel.

Investors in OneLabs

OneLabs has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include Micromax Informatics, Puneet Gupta and Savio Joseph.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Manufacturer of consumer electronics and home appliances
2000micromaxinfo.comGurugram, India

Puneet Gupta

Angel investor, ex-entrepreneur, focused on tech startups in India
unknown_6ada1cc71f1540af8

Savio Joseph

Angel investor and mentor focused on early-stage Indian startups.
unknown_7cf9d922af08410e9

Vinay Gupta

unknown_1d07ffbb02b049738

Puneet Gupta

Angel investor, ex-entrepreneur, focused on tech startups in India
unknown_8a8eb4a1c7214d47b

Vinay Gupta

Angel investor and entrepreneur, focused on tech startups in India.
unknown_97b90c6fa1014df69
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Investor details for OneLabs

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Board of directors of Red Ginger Technologies Private Limited (OneLabs)

Red Ginger Technologies Private Limited is the primary company behind OneLabs. The board of Red Ginger Technologies Private Limited currently have 2 directors; the longest-serving is Rahul Gupta, appointed in 2015. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rahul Gupta
DIN 02972992
Director15 Jan 201511 yrs 9 moRed Ginger Technologies Private Limited
Prashant Gupta
DIN 07060430
Director15 Jan 201511 yrs 9 moRed Ginger Technologies Private Limited

People of OneLabs

3 people are tracked at OneLabs (3 in leadership).

NameRoleGroup
Aashish gupta
Co-FounderLeadership
Co-FounderLeadership
Ankit Sharma
Co-FounderLeadership
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Financials of OneLabs

Figures of Red Ginger Technologies Private Limited, the primary company behind OneLabs, for FY 2019. Revenue was ₹58.9 Lakh (+2863% year on year). Net loss was -₹8.4 Lakh (-14% margin). EBITDA was ₹14.7 Lakh (25% margin). Revenue has grown at a compounded annual rate of +389% over three years.

  • ₹58.9 LakhRevenue · FY 2019 · +2863% YoY
  • -₹8.4 LakhNet loss · -14% margin
  • ₹14.7 LakhEBITDA · 25% margin
  • ₹1.7 LakhPaid-up capital
  • +389%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Red Ginger Technologies Private Limited are on its company page.

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Detailed financial statements for OneLabs

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Timeline of OneLabs

4 dated milestones of OneLabs across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded OneLabs is founded.
  2. Funding First funding round of $24K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $153K.

Top companies in Mobile App Studios

2 companies that operate in the same segment as OneLabs (Mobile App Studios) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Mobile content services, including music, are provided across APAC.
2000Bengaluru, Karnataka, IndiaUSD 46.3 MUSD 55.1 M335
Offers IT solutions including mobile apps, web, eCommerce, and blockchain development.
2011Ahmedabad, Gujarat, IndiaUSD 4.14 M1
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Related news about Onelabs

Micromax invests in AI startup One Labs
Times Of India β€’ 8 years ago
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Verified entity values are shown only after access is granted.

Frequently Asked Questions about OneLabs

OneLabs was founded in 2015.

OneLabs is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

OneLabs is a funded company, having raised a total of $313.9K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $24.49K, raised on Oct 2015.

The primary company behind OneLabs, Red Ginger Technologies Private Limited, reported revenue of β‚Ή58.9 Lakh for FY 2019, up 2863% year on year.

OneLabs was founded in 2015 in Gurugram, India, focusing on the service aggregation sector. Local services are aggregated through an online platform, where users search and book them using an Android app. AI-enabled personal assistant bot solutions are provided to support user interactions. Operations center on facilitating access to various local services in the Indian market.

OneLabs has 6 investors. Key investors include Micromax Informatics, Puneet Gupta, Savio Joseph, Vinay Gupta, and Puneet Gupta.

The valuation of OneLabs is $2.59M as of Mar 2017.

OneLabs operates through Red Ginger Technologies Private Limited.

The legal entities of OneLabs currently have 2 directors, including Rahul Gupta, Prashant Gupta.

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