About Sparse Labs
Sparse Labs is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2014, and was acquired by Zomato in September 2016. GPS trackers and API software are supplied for delivery operations. It operates in the Transportation, Automotive & Logistics and Technology sectors. Its Indian entity Sparse Labs Private Limited reported revenue of ₹31 Lakh. Its focus areas include Enterprise Infrastructure, Open Source, Application Software and Supply chain.
Company details
Sparse Labs was founded in 2014 in Gurugram, India, within the food-tech and hyper-local delivery sector. A combined hardware and software solution is offered, featuring proprietary GPS trackers installed on bikes and powered by vehicle batteries. These devices, equipped with GPS chips and SIM cards, capture location data at 20-30 second intervals and transmit it to a central server. An open-source API-based software enables plug-and-play integration into existing systems.
- Headquarters Gurugram, India
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsTechnology
- Website sparselabs.com
- Social LinkedIn X
- Acquired by Zomato (Sep 2016)
- Legal Name Sparse Labs Private Limited
- Date of Incorporation 25 Sep, 2014
- Jurisdiction Gurgaon, Haryana, India
Associated legal entities of Sparse Labs
Sparse Labs operates through Sparse 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 |
|---|---|---|---|---|---|---|---|
| Sparse Labs Private Limited CIN U74140HR2014PTC053453 | Active | 25 Sep 2014 | Gurgaon, Haryana | ₹0.3 Cr | 2 | View details |
Investors in Sparse Labs
Sparse Labs has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Zomato.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | zomato.com | Gurugram, India |
Investor details for Sparse Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Sparse Labs Private Limited (Sparse Labs)
Sparse Labs Private Limited is the primary company behind Sparse Labs. The board of Sparse Labs Private Limited currently have 2 directors; the longest-serving is Pankaj Batra, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankaj Batra DIN 06959705 | Director | 25 Sep 2014 | 12 yrs | Sparse Labs Private Limited |
| Ashwani Kumar DIN 06661548 | Director | 19 Feb 2021 | 5 yrs 8 mo | Sparse Labs Private Limited |
Financials of Sparse Labs
Figures of Sparse Labs Private Limited, the primary company behind Sparse Labs, for FY 2024. Revenue was ₹31 Lakh. Net profit was ₹10.3 Lakh (33% margin). EBITDA was ₹14.8 Lakh (48% margin).
- ₹31 LakhRevenue · FY 2024
- ₹10.3 LakhNet profit · 33% margin
- ₹14.8 LakhEBITDA · 48% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Sparse Labs Private Limited are on its company page.
Detailed financial statements for Sparse 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 Sparse Labs
2 dated milestones of Sparse Labs across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Sparse Labs is founded.
- Exit Acquired by Zomato.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Sparse Labs (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.37 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Sparse Labs
Complete news archive for Sparse Labs
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sparse Labs
Sparse Labs was founded in 2014.
Sparse Labs is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
The primary company behind Sparse Labs, Sparse Labs Private Limited, reported revenue of ₹31 Lakh for FY 2024.
Sparse Labs was founded in 2014 in Gurugram, India, within the food-tech and hyper-local delivery sector. A combined hardware and software solution is offered, featuring proprietary GPS trackers installed on bikes and powered by vehicle batteries. These devices, equipped with GPS chips and SIM cards, capture location data at 20-30 second intervals and transmit it to a central server. An open-source API-based software enables plug-and-play integration into existing systems.
Sparse Labs has 1 investor. Key investors include Zomato.
Sparse Labs operates through Sparse Labs Private Limited.
Yes. Sparse Labs was acquired by Zomato in September 2016.
The legal entities of Sparse Labs currently have 2 directors, including Ashwani Kumar, Pankaj Batra.