About Tequed Labs
Tequed Labs is a Consumer company based in Bengaluru (India) founded in 2018. Online casino services encompassing games, betting, and bonuses. Its Indian entity Tequed Labs Private Limited reported revenue of ₹14.1 Lakh. Tequed Labs offers products and services including Online Casino Games and Sports Betting. Its focus areas include Entertainment and Leisure, Sports and Betting, Sports Wagering and Online Betting.
Company details
In 2017, Vavada online casino was established as a platform for gambling entertainment, attracting users from CIS countries and expanding to global markets. It is supported in 20 languages and offers features like easy registration via social networks, diverse payment methods including cryptocurrencies, and daily withdrawal limits up to 1,000. Games from over 40 providers are made available, with transparency ensured through a Curacao license and clear terms of service. Bonuses such as free spins and cashback are provided to enhance user experience, while adherence to rules is emphasized to maintain fair operations.
- Headquarters Bengaluru, India
- SectorsConsumer
- Website tequedlabs.com
- Social YouTube
- Legal Name Tequed Labs Private Limited
- Date of Incorporation 22 Jan, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹14.1 Lakh
FY 2022 · -56% YoY
- Net Loss-₹10.7 Lakh
FY 2022 · -75% margin
- EBITDA-₹10 Lakh
FY 2022 · -71% margin
Associated legal entities of Tequed Labs
Tequed Labs operates through Tequed Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tequed Labs Private Limited CIN U72900KA2018PTC109769 | Active | 22 Jan 2018 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
Products & Services of Tequed Labs
Tequed Labs offers a comprehensive portfolio of products and services, including Online Casino Games and Sports Betting.
A variety of slot machines and table games are provided for entertainment purposes
Wagering options on sports events and e-sports are offered through the platform
Apps and channels of Tequed Labs
its YouTube channel VAVADA — Официальный канал has 3.47K subscribers and 17 videos.
Videos from Tequed Labs
The most watched videos on Tequed Labs's YouTube channel, VAVADA — Официальный канал (3.47K subscribers). Click a video to play it here.
More on VAVADA — Официальный канал.
Board of directors of Tequed Labs Private Limited (Tequed Labs)
Tequed Labs Private Limited is the primary company behind Tequed Labs. The board of Tequed Labs Private Limited currently have 2 directors; the longest-serving is Aditya Shivasharanappa, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aditya Shivasharanappa DIN 08059046 | Director | 22 Jan 2018 | 8 yrs 9 mo | Tequed Labs Private Limited |
| Supreeth Yerriswamy DIN 08059047 | Director | 22 Jan 2018 | 8 yrs 9 mo | Tequed Labs Private Limited |
Financials of Tequed Labs
Figures of Tequed Labs Private Limited, the primary company behind Tequed Labs, for FY 2022. Revenue was ₹14.1 Lakh (-56% year on year). Net loss was -₹10.7 Lakh (-75% margin). EBITDA was -₹10 Lakh (-71% margin). Revenue has grown at a compounded annual rate of +12% over three years.
- ₹14.1 LakhRevenue · FY 2022 · -56% YoY
- -₹10.7 LakhNet loss · -75% margin
- -₹10 LakhEBITDA · -71% margin
- ₹1 LakhPaid-up capital
- +12%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Tequed Labs Private Limited are on its company page.
Detailed financial statements for Tequed 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.
Top companies in Gambling & Entertainment Platforms
3 companies that operate in the same segment as Tequed Labs (Gambling & Entertainment Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online skill-based games are developed across platforms and genres. | 2010 | Delhi, Delhi, India | USD 1.79 M | USD 166.95 M | 699 | |
An online platform for skill-based gaming competitions is provided. | 2019 | Gurugram, Haryana, India | USD 25.96 M | USD 11.28 M | 39 | |
Provider of online skill-based gaming platforms | 2005 | Hyderabad, Telangana, India | USD 81.87 M | USD 128.91 M | 529 |
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Frequently Asked Questions about Tequed Labs
Tequed Labs was founded in 2018.
Tequed Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Tequed Labs, Tequed Labs Private Limited, reported revenue of ₹14.1 Lakh for FY 2022, down 56% year on year.
In 2017, Vavada online casino was established as a platform for gambling entertainment, attracting users from CIS countries and expanding to global markets. It is supported in 20 languages and offers features like easy registration via social networks, diverse payment methods including cryptocurrencies, and daily withdrawal limits up to 1,000. Games from over 40 providers are made available, with transparency ensured through a Curacao license and clear terms of service. Bonuses such as free spins and cashback are provided to enhance user experience, while adherence to rules is emphasized to maintain fair operations.
Tequed Labs offers Online Casino Games and Sports Betting.
Tequed Labs operates through Tequed Labs Private Limited.
The legal entities of Tequed Labs currently have 2 directors, including Aditya Shivasharanappa, Supreeth Yerriswamy.