RLABS

Hyderabad, India Founded: 2013 • Age: 13 yrs Acquired By FirstMeridian
AI services are provided by RLABS to various clients.

About RLABS

RLABS is a Technology company based in Hyderabad (India) founded in 2013 by Vinodh Venkatesan, and was acquired by FirstMeridian in February 2022. It operates as an AI services are provided by RLABS to various clients. The company has 800 employees. Its chief executive is Vinodh Venkatesan. Its Indian entity Rlabs Enterprise Services Limited reported revenue of β‚Ή102 Cr. RLABS offers products and services including IT Staff Augmentation, IT Managed Services, Hire Train and Deploy, and SAP Services. Its focus areas include Business Services, AI Services, Consulting and Data Science. Its competitors include Intechnica, MathCo, Axion Ray, VoyagerX and Augtera and 5 more; 9 of its 10 listed competitors have raised funding.

Company details

RLABS was established in 2013 in Hyderabad, India, by Vinodh Venkatesan, who serves as founder and CEO. Operations are centered on delivering AI services within the technology sector. The company is based in India and maintains an online presence through rlabsglobal.com. Focus is placed on AI solutions for business applications, with activities conducted from the Hyderabad location. Key personnel include the founding leader overseeing strategic direction.

Key Metrics
  • Annual Revenue
    ₹102 Cr

    FY 2023 · -13% YoY

  • Net Profit
    ₹5.00 Cr

    FY 2023 · 5% margin

  • EBITDA
    ₹11.25 Cr

    FY 2023 · 11% margin

  • Investors
  • Employee Count
    800
  • Acquired by
    FirstMeridian

    (Feb 2022)

Products & Services of RLABS

RLABS offers a comprehensive portfolio of products and services, including IT Staff Augmentation, IT Managed Services, Hire Train and Deploy, and SAP Services.

IT Staff Augmentation
Staffing Services

Provides skilled IT professionals for global client projects.

IT Managed Services
Managed Services

Delivers cost-saving IT solutions with quantifiable results.

Hire Train and Deploy
Recruitment Services

Recruits and deploys talents for contingent client needs.

SAP Services
Consulting Services

Offers expertise in SAP portfolio for business solutions.

Investors in RLABS

RLABS has secured backing from 1 investor. Prominent investors backing the company include FirstMeridian.

All
InvestorDescriptionFounded YearDomainLocation
Provider of recruitment and managed services
2018firstmeridian.comBengaluru, India
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Investor details for RLABS

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Board of directors of Rlabs Enterprise Services Limited (RLABS)

Rlabs Enterprise Services Limited is the primary company behind RLABS. The board of Rlabs Enterprise Services Limited currently have 3 directors; the longest-serving is Pooja Prabhakar, appointed in 2022. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Pooja Prabhakar
DIN 08403819
Director07 Sep 20224 yrs 1 moRlabs Enterprise Services Limited
Nilay Pratik
DIN 07692750
Director10 Sep 20224 yrs 1 moRlabs Enterprise Services Limited
Sudhakar Balakrishnan
DIN 00062956
Director10 Sep 20224 yrs 1 moRlabs Enterprise Services Limited

People of RLABS

8 people are tracked at RLABS (1 in leadership, 7 in team); the tracked headcount is 800.

NameRoleGroup
Vinodh Venkatesan
Founder and CEOLeadership
Kusuma A
Staffing SpecialistTeam
Bhanu Prakash Reddy Varla
Chairman Of The Audit CommitteeTeam
Rose Malini
Human Resources Team LeadTeam
Sravya Tumuluri
HR RecruiterTeam
Madhavi Nama
Sr.it RecruiterTeam
Arshitha Nagaraj
Staffing AnalystTeam
Robin Pusp
Senior Talent Acquisition SpecialistTeam
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Financials of RLABS

Figures of Rlabs Enterprise Services Limited, the primary company behind RLABS, for FY 2023. Revenue was ₹102 Cr (-13% year on year). Net profit was ₹5.00 Cr (5% margin). EBITDA was ₹11.25 Cr (11% margin). Revenue has grown at a compounded annual rate of +4% over five years.

  • ₹102 CrRevenue · FY 2023 · -13% YoY
  • ₹5.00 CrNet profit · 5% margin
  • ₹11.25 CrEBITDA · 11% margin
  • ₹8.35 CrPaid-up capital
  • 800Employees (provident fund records)
  • +4%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Rlabs Enterprise Services Limited are on its company page.

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Detailed financial statements for RLABS

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Timeline of RLABS

2 dated milestones of RLABS across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded RLABS is founded.
  2. Exit Acquired by FirstMeridian.

Competitors of RLABS

RLABS has 10 listed competitors in our database, 9 of them funded. They include Intechnica, MathCo, Axion Ray, VoyagerX and Augtera, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
intechnica.com2006Manchester, United Kingdom$22.8M62
Bespoke software development and cloud consultancy services are provided.
mathco.com2016Bengaluru, India$56.41M1,163
AI and analytics services are delivered globally to enterprises.
axionray.com2021Brooklyn, United States$25M–
AI-based data analytics solutions are provided for OEMs and suppliers.
voyagerx.com2017Seoul, South Korea$39.26M–
AI-based software solutions are provided through an innovative platform.
augtera.com2017San Francisco, United States$17M–
AI development services are provided to clients by Augtera.
sia-partners.com1999Brussels, Belgium$262.69M–
Management consulting services are provided for business transformations.
micropole.com1987Levallois Perret, France––
Cloud, security, and data analytics services are provided to businesses.
relational.ai2017Berkeley, United States$75M–
Knowledge graph coprocessor is developed for data cloud environments.
ridge-i.com2016Chiyoda, Japan$7.97M–
AI development services are provided by Ridge-i in Japan.
mojo.cx2022Manchester, United Kingdom$2.74M24
Cloud based conversational analytics platform
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Detailed competitors of RLABS

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Latest news on Rlabs

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Complete news archive for RLABS

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Top companies in AI Core Platforms & Infrastructure

10 companies that operate in the same segment as RLABS (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
OpenAI is engaged in developing advanced artificial intelligence technologies.
2015San Francisco, California, United StatesUSD 167.95 B––
AI models and chatbots are offered for industry applications.
2021San Francisco, California, United StatesUSD 66.81 B––
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
AI-powered graphical processing units and SoCs
1993Santa Clara, California, United StatesUSD 5 MUSD 130.5 B36,000
A platform for the AI community to collaborate and build.
2016Paris, FranceUSD 399.91 M––
Digital marketing, data analytics, and IT services are provided globally.
1981Bengaluru, Karnataka, India–USD 19.08 B323,580
Machine learning model development and management solutions are provided.
2017San Francisco, California, United StatesUSD 250 M–150
Provider of website, web & mobile application development, BI, and digital marketing services
2007Jaipur, Rajasthan, IndiaUSD 570.12 MUSD 102.68 M461
AI-based robotic arms are developed for industrial automation tasks.
2010San Francisco, California, United StatesUSD 123.02 M––
Enterprise observability solutions are delivered via cloud and AI platforms.
2008San Francisco, California, United StatesUSD 196.44 M––
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Frequently Asked Questions about RLABS

RLABS was founded in 2013.

RLABS is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Vinodh Venkatesan is the current CEO of RLABS. They have also founded this company.

RLABS has 800 employees.

The primary company behind RLABS, Rlabs Enterprise Services Limited, reported revenue of β‚Ή102 Cr for FY 2023, down 13% year on year.

RLABS was established in 2013 in Hyderabad, India, by Vinodh Venkatesan, who serves as founder and CEO. Operations are centered on delivering AI services within the technology sector. The company is based in India and maintains an online presence through rlabsglobal.com. Focus is placed on AI solutions for business applications, with activities conducted from the Hyderabad location. Key personnel include the founding leader overseeing strategic direction.

RLABS's top competitors include MathCo, VoyagerX and Intechnica.

RLABS offers IT Staff Augmentation, IT Managed Services, Hire Train and Deploy, and SAP Services.

RLABS has 1 investor. Key investors include FirstMeridian.

RLABS operates through Rlabs Enterprise Services Limited.

Yes. RLABS was acquired by FirstMeridian in February 2022.

The legal entities of RLABS currently have 3 directors, including Pooja Prabhakar, Nilay Pratik, Sudhakar Balakrishnan.

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