About Waypals
Waypals is a Technology company based in Noida (India) founded in 2015 by Sukhvinder Lamba. It offers vehicle tracking, security alerts, and emergency services through mobile app. It operates on a B2C and D2C model. Its Indian entity Waypals Systems Private Limited reported revenue of ₹7 Lakh. Waypals offers products and services including Waypals App, WPL OBD 01, and WPL BB01. Its focus areas include Consumer, Automotive Tech, Connected Vehicles and Security and Monitoring. Its competitors include ACKO, CarIQ and CaRPM; 3 of its 3 listed competitors have raised funding.
Company details
Waypals is a platform that delivers connected car solutions using devices like OBD plugs and apps for features such as secure parking, real-time location tracking, emergency calling, and vehicle immobilization. It processes vehicle data to provide alerts for crashes, battery issues, and unauthorized movements. Based in New Delhi, India, it serves individual consumers and possibly insurers through a user-friendly mobile app and web portal, focusing on enhancing safety and convenience.
- Headquarters Noida, India
- Founders Sukhvinder Lamba
- SectorsTechnology
- Website waypals.com
- Social LinkedIn Facebook
- Legal Name Waypals Systems Private Limited
- Date of Incorporation 29 May, 2019
- Jurisdiction Chandigarh, India
- Annual Revenue₹7 Lakh
FY 2024 · +21% YoY
- Net Profit₹6,272
FY 2024 · 1% margin
- EBITDA₹66,001
FY 2024 · 9% margin
Associated legal entities of Waypals
Waypals operates through Waypals Systems 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 |
|---|---|---|---|---|---|---|---|
| Waypals Systems Private Limited CIN U72900CH2019PTC042549 | Active | 29 May 2019 | Chandigarh, Chandigarh | ₹0.1 Cr | 2 | View details |
Products & Services of Waypals
Waypals offers a comprehensive portfolio of products and services, including Waypals App, WPL OBD 01, and WPL BB01.
App for vehicle security and tracking services
Device for plugging into cars to enable tracking features
Hard-wired device for non-OBD vehicles with immobilization
Board of directors of Waypals Systems Private Limited (Waypals)
Waypals Systems Private Limited is the primary company behind Waypals. The board of Waypals Systems Private Limited currently have 2 directors; the longest-serving is Jasleen Kaur, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jasleen Kaur DIN 06773279 | Director | 29 May 2019 | 7 yrs 5 mo | Waypals Systems Private Limited |
| Suukhvinder Singh Lammba DIN 01295608 | Director | 29 May 2019 | 7 yrs 5 mo | Waypals Systems Private Limited |
People of Waypals
1 people are tracked at Waypals (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Waypals
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Financials of Waypals
Figures of Waypals Systems Private Limited, the primary company behind Waypals, for FY 2024. Revenue was ₹7 Lakh (+21% year on year). Net profit was ₹6,272 (1% margin). EBITDA was ₹66,001 (9% margin). Revenue has grown at a compounded annual rate of +114% over three years.
- ₹7 LakhRevenue · FY 2024 · +21% YoY
- ₹6,272Net profit · 1% margin
- ₹66,001EBITDA · 9% margin
- ₹6 LakhPaid-up capital
- +114%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Waypals Systems Private Limited are on its company page.
Detailed financial statements for Waypals
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Competitors of Waypals
Waypals has 3 listed competitors in our database, 3 of them funded. They include ACKO, CarIQ and CaRPM.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| acko.com | 2016 | Bengaluru, India | $746.17M | 1,261 | Insurance products for vehicles, health, travel, and life are offered. | |
| mycariq.com | 2013 | Pune, India | $16.63M | 2,972 | Vehicle diagnostics solutions are delivered via a SaaS-based OBD platform. | |
| carpm.in | 2015 | Gurugram, India | $100,000 | 28 | Car performance is monitored using OBD-II technology for real-time data. |
Detailed competitors of Waypals
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Top companies in Consumer Internet & IoT
3 companies that operate in the same segment as Waypals (Consumer Internet & IoT) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment in technology sectors focusing on semiconductors, AI, and IoT. | 2015 | Delhi, Delhi, India | USD 115 M | 101 | ||
Technology solutions provider focusing on electronics, mobiles, and smart devices in India. | 2009 | Hyderabad, Telangana, India | USD 73.47 M | 61 | ||
Provides IoT solutions for smart lighting, asset management, and telecom software services. | 2012 | Chennai, Tamil Nadu, India | USD 1.13 M | 58 |
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Related news about Waypals
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Frequently Asked Questions about Waypals
Waypals was founded in 2015.
Waypals is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
The primary company behind Waypals, Waypals Systems Private Limited, reported revenue of ₹7 Lakh for FY 2024, up 21% year on year.
Waypals is a platform that delivers connected car solutions using devices like OBD plugs and apps for features such as secure parking, real-time location tracking, emergency calling, and vehicle immobilization. It processes vehicle data to provide alerts for crashes, battery issues, and unauthorized movements. Based in New Delhi, India, it serves individual consumers and possibly insurers through a user-friendly mobile app and web portal, focusing on enhancing safety and convenience.
Waypals offers Waypals App, WPL OBD 01, and WPL BB01.
Waypals operates through Waypals Systems Private Limited.
The legal entities of Waypals currently have 2 directors, including Jasleen Kaur, Suukhvinder Singh Lammba.