About Quro Labs
Quro Labs is a Technology company based in Pune (India) founded in 2020. It provides comprehensive electronic product design and manufacturing services. It operates on a B2B model. Quro Labs has raised $88.77 thousand across 1 funding round. Its Indian entity Quro Labs Private Limited reported revenue of ₹80.4 Lakh. Its focus areas include Manufacturing, Electronics, Product Design and Manufacturing Services.
Company details
Quro Labs provides comprehensive electronic product design and manufacturing services through producing manufactured goods, electronics, product design, and manufacturing services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Pune, India
- SectorsTechnology
- Website qurolabs.com
- Social X Facebook
- Legal Name Quro Labs Private Limited
- Date of Incorporation 25 Feb, 2020
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹80.4 Lakh
FY 2024 · +75% YoY
- Net Loss-₹54.5 Lakh
FY 2024 · -68% margin
- EBITDA-₹48.4 Lakh
FY 2024 · -60% margin
- Total Equity Funding$88.77K (USD)
in 1 rounds
- Latest Funding Round$88.77K (USD), Seed
Apr 2022
Associated legal entities of Quro Labs
Quro Labs operates through Quro Labs 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 |
|---|---|---|---|---|---|---|---|
| Quro Labs Private Limited CIN U74999PN2020PTC190104 | Active | 25 Feb 2020 | Pune, Maharashtra | ₹0.8 Cr | 2 | View details |
Funding Insights of Quro Labs
Quro Labs has successfully raised a total of $88.77K through 1 strategic funding round. The most recent funding activity was a Seed round of $88.77 thousand completed in April 2022. 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 $88,766
- Total Rounds 1
- Last Round Seed — $88,766
- First Round $88,766
(Apr 2022)
All 1 funding rounds of Quro Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $88,766 | Seed | – | – | – |
Board of directors of Quro Labs Private Limited (Quro Labs)
Quro Labs Private Limited is the primary company behind Quro Labs. The board of Quro Labs Private Limited currently have 2 directors; the longest-serving is Saswat Kumar Sahu, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saswat Kumar Sahu DIN 08491531 | Director | 25 Feb 2020 | 6 yrs 8 mo | Quro Labs Private Limited |
| Pramodkalyan Ramsudhakar Palla DIN 07928867 | Director | 25 Feb 2020 | 6 yrs 8 mo | Quro Labs Private Limited |
Financials of Quro Labs
Figures of Quro Labs Private Limited, the primary company behind Quro Labs, for FY 2024. Revenue was ₹80.4 Lakh (+75% year on year). Net loss was -₹54.5 Lakh (-68% margin). EBITDA was -₹48.4 Lakh (-60% margin). Revenue has grown at a compounded annual rate of +151% over three years.
- ₹80.4 LakhRevenue · FY 2024 · +75% YoY
- -₹54.5 LakhNet loss · -68% margin
- -₹48.4 LakhEBITDA · -60% margin
- ₹1 LakhPaid-up capital
- +151%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Quro Labs Private Limited are on its company page.
Detailed financial statements for Quro 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 Quro Labs
2 dated milestones of Quro Labs across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Quro Labs is founded.
- Funding First funding round of $89K.
Top companies in Electronic Manufacturing & Components
3 companies that operate in the same segment as Quro Labs (Electronic Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of ODM plus solutions for diverse industries | 1990 | Kochi, Kerala, India | USD 119.5 M | USD 253.11 M | 2,400 | |
Integrated electronics manufacturing and IoT solutions are delivered across industries. | 2008 | Mysuru, Karnataka, India | USD 22.44 M | USD 386.47 M | 3,850 | |
Electronics manufacturing services are provided for consumer and home products. | 1993 | Noida, Uttar Pradesh, India | USD 9.32 M | USD 5.17 B | 8,890 |
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Frequently Asked Questions about Quro Labs
Quro Labs was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Quro Labs is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Quro Labs is a funded company, having raised a total of $88.77K across 1 funding round to date. The company's 1st funding round was a Seed of $88.77K, raised on Apr 2022.
The primary company behind Quro Labs, Quro Labs Private Limited, reported revenue of ₹80.4 Lakh for FY 2024, up 75% year on year.
Quro Labs provides comprehensive electronic product design and manufacturing services through producing manufactured goods, electronics, product design, and manufacturing services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Quro Labs operates through Quro Labs Private Limited.
The legal entities of Quro Labs currently have 2 directors, including Saswat Kumar Sahu, Pramodkalyan Ramsudhakar Palla.