About Bueno Labs Private Limited
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Bueno Labs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC094967. Its GSTIN is 29AAGCB8247H1ZC (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.78 Lakh. It is led by directors Ashwin Kumar Mallesh Koorakula and Shravani Nutalapati.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹22.74 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.57 Cr and EBITDA of -₹1.33 Cr.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Xpresslane. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.45 Cr; the latest was in August 2021. Its 3 peer companies in the Ecommerce and Internet industry (Online Service Providers), with the same principal business activity (other information & communication service activities) are compared by revenue, 2 larger and 1 smaller; the largest is Wmart Online Services Private Limited with revenue of ₹23.32 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website buenolabs.in.
Company details
Contact details
Bueno Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is buenolabs.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLn Coworks 481 5th Cross Rd Kothanur Dba, Rbi Layout, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Bueno Labs Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Bueno Labs operates one associated brand: Xpresslane. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| One-click checkout platform is integrated with online transaction systems. | xpresslane.in |
Business activity
The main business activity of Bueno Labs is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Bueno Labs Private Limited, buy the company report.
Financials of Bueno Labs Private Limited
FY 2024 filings availableBueno Labs Private Limited reported revenue of ₹22.74 Lakh (up 6633% YoY) for FY 2023.
Financial Statement Summary
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| EBITDA | -₹1.33 Cr | ||||
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| Net Profit (PAT) | -₹1.57 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Bueno Labs Private Limited, buy the company report.
Board of directors of Bueno Labs Private Limited
Bueno Labs has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Kumar Mallesh Koorakula | Director | 13 Jul 2016 | 10 Years 3 Months | Current |
| Shravani Nutalapati | Director | 15 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Bueno Labs Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wmart Online Services Private Limited | ₹23.32 Lakh (FY 2015) | 117.0% | Vasai West, Maharashtra, India | |||
| Uniqin AI Private Limited | ₹23.01 Lakh (FY 2024) | 57.0% | Bangalore, Karnataka, India | |||
| Bueno Labs Private Limitedthis company | ₹22.74 Lakh (FY 2023) | -₹1.57 Cr | 6633.0% | 8 | Bangalore, Karnataka, India | |
| Divinvite Tech Private Limited | ₹22.73 Lakh (FY 2024) | 8.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Bueno Labs Private Limited, buy the company report.
Auditor
Bueno Labs Private Limited is audited by RAKCHAMPS & CO LLP. Chartered Accountants for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKCHAMPS & CO LLP. Chartered Accountants | FY 2022 | 0131904W |
Shareholding
The shareholding of Bueno Labs Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Bueno Labs Private Limited, buy the company report.
Deals & funding
Bueno Labs Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.45 Cr; the latest was in August 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Funding round · Seed | ₹3.15 Cr | Investors: Opus Software Solutions Private Limited , Manipal Technologies Limited , PointOne Capital |
| Jul 2020 | Funding round | ₹30 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Bueno Labs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bueno Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bueno Labs Private Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Bueno Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCB8247H1ZC | Karnataka | Active | 19 Mar 2019 |
To see the full GST registrations and return filing status of Bueno Labs Private Limited, buy the company report.
Recent activity
Bueno Labs Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Shravani Nutalapati was appointed as Director on 15 Feb 2023.
Frequently asked questions
Bueno Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 July 2016 (10+ years old) and is registered under CIN U72200KA2016PTC094967.
Bueno Labs has 2 current directors:
- Ashwin Kumar Mallesh Koorakula - Director
- Shravani Nutalapati - Director
The latest financial statements of Bueno Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Bueno Labs is 29AAGCB8247H1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Bueno Labs is U72200KA2016PTC094967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bueno Labs was incorporated on 13 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Bueno Labs has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.45 Cr; the latest was in August 2021.
The peers of Bueno Labs by revenue are Wmart Online Services Private Limited, Uniqin AI Private Limited, Divinvite Tech Private Limited, all in the Ecommerce and Internet industry (Online Service Providers), with the same principal business activity (other information & communication service activities).
Shravani Nutalapati was appointed as Director on 15 Feb 2023. Madhukar Reddimasi ceased to be Director on 29 Sep 2022. Shravani Nutalapati ceased to be Director on 01 Jul 2021. Bueno Labs has 5 board changes on record in total.
Bueno Labs can be reached through the website buenolabs.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Bueno Labs is at Ln Coworks 481 5th Cross Rd Kothanur Dba, Rbi Layout, Bangalore, Karnataka, India – 560078.
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