About Svasti Innovation Labs
Svasti Innovation Labs is an Industrial Goods & Manufacturing company based in Hubli (India) founded in 2021. AI-driven supply chain management and warehouse automation for SMEs. It operates on a SaaS and B2B model in Industrial Goods & Manufacturing and Technology sectors. Svasti Innovation Labs offers products and services including Mercury, Iris, Arka, Shikshak Bandhu, and Europa. Its focus areas include Industrial Tech, Automation, Warehouse and Efficiency Tools. Its legal entity in India is Svasti Innovation Labs Private Limited (U72900KA2021PTC145262). Similar companies include Happiest Minds, GirnarSOFT and Datamatics; 3 of its 3 listed similar companies have raised funding.
Company details
Svasti Innovation Labs provides AI and IoT-based digital solutions to simplify operations for small and medium enterprises. They develop apps and systems for supply chain management, warehouse automation, and attendance tracking. Based in Hubli, India, the company offers subscription-based services like SCaaS to enhance efficiency and safety in logistics and industrial sectors, serving clients through web and cloud technologies.
- Headquarters Hubli, India
- Employees 1
- SectorsIndustrial Goods & ManufacturingTechnology
- Email••••••••
- Website svastilabs.com
- Social LinkedIn X Instagram YouTube
- Legal Name Svasti Innovation Labs Private Limited
- Date of Incorporation 13 Mar, 2021
- Jurisdiction Hubli, Karnataka, India
- Annual Revenue₹2,883
FY 2024 · +327% YoY
- Net Profit₹1,312
FY 2024 · 46% margin
- EBITDA₹1,580
FY 2024 · 55% margin
- Employee Count1
Associated legal entities of Svasti Innovation Labs
Svasti Innovation Labs is associated with 2 registered companies on The Company Check; the primary company is Svasti Innovation Labs Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Svasti Innovation Labs Private Limited CIN U72900KA2021PTC145262 | Active | 13 Mar 2021 | Hubli, Karnataka | ₹0.0 Cr | 3 | View details | |
| Svasti Innovations Private Limited CIN U52100KA2020PTC134169 | Active | 19 May 2020 | Hubli, Karnataka | ₹19.5 Cr | 3 | View details |
Products & Services of Svasti Innovation Labs
Svasti Innovation Labs offers a comprehensive portfolio of products and services, including Mercury, Iris, Arka, Shikshak Bandhu, and Europa.
System for optimizing supply chain operations and inventory control
App for monitoring employee attendance in real-time
App for overseeing business operations and performance metrics
App for teacher recruitment and management processes
Application for tracking business activities and data analytics
Apps and channels of Svasti Innovation Labs
its YouTube channel Svasti Innovation Labs Pvt. Ltd. has 7 subscribers.
Board of directors of Svasti Innovation Labs Private Limited (Svasti Innovation Labs)
Svasti Innovation Labs Private Limited is the primary company behind Svasti Innovation Labs. The boards of the 2 registered companies of Svasti Innovation Labs currently have 5 directors; the longest-serving is Suresh Sharanapp Angadi, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suresh Sharanapp Angadi DIN 07647446 | Director | 26 Oct 2020 | 6 yrs | Svasti Innovations Private Limited |
| Asha Vijaykumar Bhajantri DIN 08743250 | Director | 13 Mar 2021 | 5 yrs 7 mo | Svasti Innovation Labs Private Limited |
| Siddaling Latti DIN 09527780 | Director | 05 Mar 2022 | 4 yrs 8 mo | Svasti Innovation Labs Private Limited |
| Vijayakumar Bhajantri DIN 09527781 | Additional Director | 17 Jul 2024 | 2 yrs 3 mo | Svasti Innovations Private Limited, Svasti Innovation Labs Private Limited |
| Kiran Ronad DIN 11000780 | Additional Director | 14 Mar 2025 | 1 yr 7 mo | Svasti Innovations Private Limited |
Financials of Svasti Innovation Labs
Figures of Svasti Innovation Labs Private Limited, the primary company behind Svasti Innovation Labs, for FY 2024. Revenue was ₹2,883 (+327% year on year). Net profit was ₹1,312 (46% margin). EBITDA was ₹1,580 (55% margin).
- ₹2,883Revenue · FY 2024 · +327% YoY
- ₹1,312Net profit · 46% margin
- ₹1,580EBITDA · 55% margin
- ₹20Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Svasti Innovation Labs Private Limited are on its company page.
Detailed financial statements for Svasti Innovation Labs
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Verified entity values are shown only after access is granted.
Similar companies to Svasti Innovation Labs
Svasti Innovation Labs has 3 listed similar companies in our database, 3 of them funded. They include Happiest Minds, GirnarSOFT and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| girnarsoft.com | 2007 | Jaipur, India | $736.02M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed similar companies of Svasti Innovation Labs
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Frequently Asked Questions about Svasti Innovation Labs
Svasti Innovation Labs was founded in 2021.
Svasti Innovation Labs is headquartered in Hubli, India. It is registered at Hubli, Karnataka, India.
Svasti Innovation Labs has 1 employees.
The primary company behind Svasti Innovation Labs, Svasti Innovation Labs Private Limited, reported revenue of ₹2,883 for FY 2024, up 327% year on year.
Svasti Innovation Labs provides AI and IoT-based digital solutions to simplify operations for small and medium enterprises. They develop apps and systems for supply chain management, warehouse automation, and attendance tracking. Based in Hubli, India, the company offers subscription-based services like SCaaS to enhance efficiency and safety in logistics and industrial sectors, serving clients through web and cloud technologies.
Svasti Innovation Labs's top competitors include Happiest Minds, GirnarSOFT and Datamatics.
Svasti Innovation Labs offers Mercury, Iris, Arka, Shikshak Bandhu, and Europa.
Svasti Innovation Labs is associated with 2 legal entities: Svasti Innovation Labs Private Limited, Svasti Innovations Private Limited.
The legal entities of Svasti Innovation Labs currently have 5 directors, including Vijayakumar Bhajantri, Suresh Sharanapp Angadi, Kiran Ronad and others.