About Velectron labs
Velectron labs is a company based in Bengaluru (India) founded in 2018. Velectron labs has raised $40.89 thousand across 1 funding round from investors including Bioinnovation Centre. Velectron labs offers products and services including Addictofree. Velectron labs operates in a competitive market with competitors including Pivot, Chrono Therapeutics, e-Nicotine Technology, Neurotype and Lana Exprience, among others.
- Headquarter Bengaluru, India
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website voidelectron.com
- Social X Instagram
- Legal Name Velectron Labs Private Limited
- Date of Incorporation 25 Oct, 2018
- Jurisdiction Ramamurthy Nagar, Karnataka, India
- Annual Revenue₹3 Lakh
FY 2025 · +451% YoY
- Net Loss-₹19.1 Lakh
FY 2025 · -637% margin
- EBITDA-₹15.9 Lakh
FY 2025 · -531% margin
- Total Equity Funding$40.89K (USD)
in 1 rounds
- Latest Funding Round$40.89K (USD), Seed
Jun 2021
- Investors
Associated legal entities of Velectron labs
Velectron labs operates through Velectron Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Velectron Labs Private Limited CIN U31900KA2018PTC117988 | Active | 25 Oct 2018 | Bangalore, Karnataka | ₹0.0 Cr | – | 2 | View details |
Products & Services of Velectron labs
Velectron labs offers a comprehensive portfolio of products and services, including Addictofree.
Wearable instrument to help combat addiction and support user health.
Funding Insights of Velectron labs
Velectron labs has successfully raised a total of $40.89K through 1 strategic funding round. The most recent funding activity was a Seed round of $40.89 thousand completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $40,890
- Total Rounds 1
- Last Round Seed — $40,890
- First Round $40,890
(Jun 2021)
- Investors Count 1
All 1 funding rounds of Velectron labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $40,890 | Seed | $818,814 | Bioinnovation Centre | – |
Last known valuation $818,814 (Jun 2021). 1 investors in total: 1 institutional.
Investors in Velectron labs
Velectron labs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bioinnovation Centre.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Govt backed startup incubator focused on the Life Science sector | 2015 | bioinnovationcentre.com | Bengaluru, India |
Investor details for Velectron labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Velectron Labs Private Limited (Velectron labs)
Velectron Labs Private Limited is the primary company behind Velectron labs. The board of Velectron Labs Private Limited currently have 2 directors; the longest-serving is Abhijit Nair, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhijit Nair DIN 08266339 | Director | 25 Oct 2018 | 7 yrs 11 mo | Velectron Labs Private Limited |
| Raghavendra Swamy Srirama DIN 08266340 | Director | 25 Oct 2018 | 7 yrs 11 mo | Velectron Labs Private Limited |
Financials of Velectron labs
Figures of Velectron Labs Private Limited, the primary company behind Velectron labs, for FY 2025. Revenue was ₹3 Lakh (+451% year on year). Net loss was -₹19.1 Lakh (-637% margin). EBITDA was -₹15.9 Lakh (-531% margin).
- ₹3 LakhRevenue · FY 2025 · +451% YoY
- -₹19.1 LakhNet loss · -637% margin
- -₹15.9 LakhEBITDA · -531% margin
- ₹1.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Velectron Labs Private Limited are on its company page.
Detailed financial statements for Velectron labs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Velectron labs
2 dated milestones of Velectron labs across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Velectron labs is founded.
- Funding First funding round of $41K.
Competitors of Velectron labs
Velectron labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pivot, Chrono Therapeutics, e-Nicotine Technology, Neurotype and Lana Exprience, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pivot.co | 2015 | San Carlos, United States | $43.3M | 60 | Digital health solutions for tobacco cessation are provided by Pivot. | |
| chronothera.com | 2004 | Waltham, United States | $82.2M | – | Develops transdermal nicotine replacement therapy for smoking cessation. | |
| enicotinetechnology.com | 2012 | Los Gatos, United States | $3.98M | – | Nicotine Delivery with e-health tools to help individuals transition from smoking. | |
| neurotype.io | 2019 | Minneapolis, United States | – | – | Next-generation neurofeedback and tools are provided to address craving triggers. | |
| lanaexperience.com | 2022 | Oman | – | – | Offers smart solutions for individuals dealing with substance use disorders. | |
| odenhealthsolutions.com | 2020 | Coquitlam, Canada | – | – | Delivers comprehensive drug overdose detection devices for addiction treatment programs. |
Detailed competitors of Velectron labs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Velectron labs
10 companies that operate in the same segment as Velectron labs (Health Monitoring & Wearables), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,660 | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Health-tracking smart rings and biosensors are developed for biometric monitoring. | 2013 | Oulu, North Ostrobothnia, Finland | USD 1.32 B | – | – | |
Wearable glucose monitoring patches are provided for real-time data tracking. | 1999 | San Diego, California, United States | USD 52.5 M | USD 4.66 B | 10,300 | |
AI-based mobile app tracks and predicts menstrual cycles. | 2015 | London, England, United Kingdom | USD 269 M | – | – | |
Smartphone-enabled glucometers and diabetes management apps are provided. | 2015 | Delhi, Delhi, India | USD 50.83 M | USD 2.74 M | 142 | |
Provider of a fertility tracking app that doubles as birth control | 2013 | Stockholm, Sweden | USD 99.5 M | – | – | |
Diabetes management is enabled via glucose meters and mobile apps. | 2010 | Palo Alto, California, United States | USD 201 M | – | – |
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Frequently Asked Questions about Velectron labs
Velectron labs was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Velectron labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Velectron labs is a funded company, having raised a total of $40.89K across 1 funding round to date. The company's 1st funding round was a Seed of $40.89K, raised on Jun 2021.
The primary company behind Velectron labs, Velectron Labs Private Limited, reported revenue of ₹3 Lakh for FY 2025, up 451% year on year.
Velectron Labs was established in 2018 in Bengaluru, India, within the health technology sector. A wearable device intended to assist individuals with addiction challenges is produced and distributed by the company. Operations emphasize the provision of this technology to address addiction issues, with access facilitated through the domain voidelectron.com. Focus remains on device-based solutions for behavioral health support.
Velectron labs's top competitors include Pivot, e-Nicotine Technology and Neurotype.
Velectron labs offers Addictofree.
Velectron labs has 1 investor. Key investors include Bioinnovation Centre.
The valuation of Velectron labs is $818.81K as of Jun 2021.
Velectron labs operates through Velectron Labs Private Limited.
The legal entities of Velectron labs currently have 2 directors, including Abhijit Nair, Raghavendra Swamy Srirama.