About TRUSTlab
TRUSTlab is a Healthcare company based in Hyderabad (India) founded in 2020. It operates a chain of pathology laboratory centers for diagnostic services. It operates on a B2B model. The company has 150 employees. Its Indian entity Trustlab Diagnostics Private Limited reported revenue of ₹7.97 Cr. Its focus areas include Medical Services, Laboratory Services and Pathology. Its competitors include Thyrocare, Vijaya Diagnostic Centre and Suraksha Diagnostics; 2 of its 3 listed competitors have raised funding.
Company details
TRUSTlab operates with a B2B model, focusing on providing healthcare solutions, medical services, laboratory services, and pathology. Operates a chain of pathology laboratory centers for diagnostic services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Hyderabad, India
- Employees 150
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website mytrustlab.com/index
- Social LinkedIn
- Legal Name Trustlab Diagnostics Private Limited
- Date of Incorporation 22 Aug, 2020
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹7.97 Cr
FY 2024 · +35% YoY
- Net Loss-₹4.59 Cr
FY 2024 · -58% margin
- EBITDA-₹2.04 Cr
FY 2024 · -26% margin
- Employee Count150
Associated legal entities of TRUSTlab
TRUSTlab operates through Trustlab Diagnostics 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 |
|---|---|---|---|---|---|---|---|
| Trustlab Diagnostics Private Limited CIN U85100TG2020PTC143059 | Active | 22 Aug 2020 | Secunderabad, Telangana | ₹8.0 Cr | 150 | 2 | View details |
Board of directors of Trustlab Diagnostics Private Limited (TRUSTlab)
Trustlab Diagnostics Private Limited is the primary company behind TRUSTlab. The board of Trustlab Diagnostics Private Limited currently have 2 directors; the longest-serving is Cherukuri Venkata Suman, appointed in 2021. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Cherukuri Venkata Suman DIN 01959747 | Managing Director | 01 Jan 2021 | 5 yrs 9 mo | Trustlab Diagnostics Private Limited |
| Bapineedu Tummala DIN 09675423 | Director | 01 Aug 2022 | 4 yrs 2 mo | Trustlab Diagnostics Private Limited |
Financials of TRUSTlab
Figures of Trustlab Diagnostics Private Limited, the primary company behind TRUSTlab, for FY 2024. Revenue was ₹7.97 Cr (+35% year on year). Net loss was -₹4.59 Cr (-58% margin). EBITDA was -₹2.04 Cr (-26% margin).
- ₹7.97 CrRevenue · FY 2024 · +35% YoY
- -₹4.59 CrNet loss · -58% margin
- -₹2.04 CrEBITDA · -26% margin
- ₹6.39 CrPaid-up capital
- 150Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Trustlab Diagnostics Private Limited are on its company page.
Detailed financial statements for TRUSTlab
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Competitors of TRUSTlab
TRUSTlab has 3 listed competitors in our database, 2 of them funded. They include Thyrocare, Vijaya Diagnostic Centre and Suraksha Diagnostics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thyrocare.com | 1996 | Mumbai, India | $63.59M | 1,889 | Diagnostic testing centers for pathology and health screenings are operated. | |
| vijayadiagnostic.com | 1981 | Hyderabad, India | Diagnostic services are offered via a chain of centers. | |||
| surakshanet.com | 2005 | Kolkata, India | $49M | 1,180 | Pathology, molecular diagnostics, and imaging services are provided. |
Detailed competitors of TRUSTlab
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Top companies in Diagnostics Laboratories
3 companies that operate in the same segment as TRUSTlab (Diagnostics Laboratories) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diagnostic testing centers for pathology and health screenings are operated. | 1996 | Mumbai, Maharashtra, India | USD 63.59 M | USD 88.36 M | 1,950 | |
Chain of pathology and radiology labs | 1949 | Gurugram, Haryana, India | USD 13.9 M | USD 294.49 M | 5,310 | |
Home-based diagnostic tests are booked via an online platform. | 2018 | Noida, Uttar Pradesh, India | USD 116.42 M | USD 41.86 M | 2,308 |
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Related news about Trustlab
Complete news archive for TRUSTlab
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Frequently Asked Questions about TRUSTlab
TRUSTlab was founded in 2020.
TRUSTlab is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
TRUSTlab has 150 employees.
The primary company behind TRUSTlab, Trustlab Diagnostics Private Limited, reported revenue of ₹7.97 Cr for FY 2024, up 35% year on year.
TRUSTlab operates with a B2B model, focusing on providing healthcare solutions, medical services, laboratory services, and pathology. Operates a chain of pathology laboratory centers for diagnostic services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
TRUSTlab's top competitors include Thyrocare, Suraksha Diagnostics and Vijaya Diagnostic Centre.
TRUSTlab operates through Trustlab Diagnostics Private Limited.
The legal entities of TRUSTlab currently have 2 directors, including Cherukuri Venkata Suman, Bapineedu Tummala.