About Thocess
Thocess is a Business Services company. Thocess provides accelerator services for early-stage companies in India, focusing on strategy, growth, and funding support. It operates in the Business Services and Financial Services sectors. Its Indian entity Thocess Innovation Lab Limited reported revenue of ₹1.81 Cr. Thocess offers products and services including Startup Acceleration Services and Funding and Marketing Solutions. Its focus areas include Marketing and Branding, Digital Solutions, Advertisement Services and Technology and Innovation.
Company details
Thocess is recognized as a multi-sector accelerator in India, where partnerships are formed with early-stage companies at pre-seed to pre-series A stages. Assistance is extended in areas such as strategy, business development, growth, and investment access, while end-to-end solutions are offered for non-core operations including branding, marketing, and digital services. Funds are sourced and risks are managed to support startups and micro industries effectively.
- SectorsBusiness ServicesFinancial Services
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- Legal Name Thocess Innovation Lab Limited
- Date of Incorporation 02 Jul, 2011
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹1.81 Cr
FY 2023 · +70% YoY
- Indian entity net profit₹5.2 Lakh
FY 2023 · 3% margin
- Indian entity EBITDA₹47.5 Lakh
FY 2023 · 26% margin
Associated legal entities of Thocess
Thocess operates through Thocess Innovation Lab Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Thocess Innovation Lab Limited CIN U74110MH2011PLC219351 | Active | 02 Jul 2011 | Mumbai, Maharashtra | ₹1.8 Cr | 4 | View details |
Products & Services of Thocess
Thocess offers a comprehensive portfolio of products and services, including Startup Acceleration Services and Funding and Marketing Solutions.
Support is provided for early-stage companies in strategy, growth, and investment access to facilitate business challenges.
Assistance is offered in branding, advertisement, marketing, and fund sourcing for startups and micro industries.
Board of directors of Thocess Innovation Lab Limited (Thocess)
Thocess Innovation Lab Limited is the primary company behind Thocess. The board of Thocess Innovation Lab Limited currently have 4 directors; the longest-serving is Pravin Salvi Prakash, appointed in 2011. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pravin Salvi Prakash DIN 03346896 | Director | 02 Jul 2011 | 15 yrs 3 mo | Thocess Innovation Lab Limited |
| Imtiyaz Niyaz Qureshi DIN 03347074 | Director | 02 Jul 2011 | 15 yrs 3 mo | Thocess Innovation Lab Limited |
| Sneha Sawarkar Uttam DIN 06993048 | Director | 23 Feb 2015 | 11 yrs 8 mo | Thocess Innovation Lab Limited |
| Pranali Pravin Sawarkar DIN 09102548 | Director | 01 Apr 2021 | 5 yrs 6 mo | Thocess Innovation Lab Limited |
Financials of Thocess
Figures of Thocess Innovation Lab Limited, the primary company behind Thocess, for FY 2023. Revenue was ₹1.81 Cr (+70% year on year). Net profit was ₹5.2 Lakh (3% margin). EBITDA was ₹47.5 Lakh (26% margin). Revenue has grown at a compounded annual rate of +1021% over three years and +12% over five years.
- ₹1.81 CrRevenue · FY 2023 · +70% YoY
- ₹5.2 LakhNet profit · 3% margin
- ₹47.5 LakhEBITDA · 26% margin
- ₹90 LakhPaid-up capital
- +1021%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Thocess Innovation Lab Limited are on its company page.
Detailed financial statements for Thocess
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Frequently Asked Questions about Thocess
The primary company behind Thocess, Thocess Innovation Lab Limited, reported revenue of ₹1.81 Cr for FY 2023, up 70% year on year.
Thocess is recognized as a multi-sector accelerator in India, where partnerships are formed with early-stage companies at pre-seed to pre-series A stages. Assistance is extended in areas such as strategy, business development, growth, and investment access, while end-to-end solutions are offered for non-core operations including branding, marketing, and digital services. Funds are sourced and risks are managed to support startups and micro industries effectively.
Thocess offers Startup Acceleration Services and Funding and Marketing Solutions.
Thocess operates through Thocess Innovation Lab Limited.
The legal entities of Thocess currently have 4 directors, including Pranali Pravin Sawarkar, Pravin Salvi Prakash, Imtiyaz Niyaz Qureshi and others.