About Happylab Solutions Private Limited
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Happylab Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 19 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15490MH2020PTC344074. Its GSTIN is 27AAFCH3921H1ZO (Maharashtra). The company holds 12 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.28 Lakh. It is led by directors including Jinita Dharmen Sheth and Harpreet Baweja.
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 B/804 Ganga Jamuna Sangam Chsl, 14th Road Khar (West) Near 33rd Road Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.75 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net loss of ₹87.68 Lakh (net margin -23.4%) and EBITDA of -₹79.28 Lakh (EBITDA margin -21.2%). Revenue has grown at a compounded annual rate (CAGR) of 309% over three years.
The company is associated with 1 brand: YourHappyLife. The company has 1 deal on record (1 funding round), with disclosed funding of ₹7.89 Cr; the latest was in January 2025. Its 10 peer companies in the Ecommerce and Internet industry (Healthcare Products) are compared by revenue, 5 larger and 5 smaller; the largest is Healthbest Private Limited.
For more details, the company can be reached via its website yourhappylife.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB/804 Ganga Jamuna Sangam Chsl, 14th Road Khar (West) Near 33rd Road Mumbai, Maharashtra, India – 400052
- IndustryE-Commerce, Online Healthcare Product Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Happylab Solutions Private Limited
The main business activity of Happylab Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Happylab Solutions Private Limited FY 2024 filings available
Happylab Solutions Private Limited reported revenue of ₹3.75 Cr (up 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Happylab Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 309% over three years, including 62% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Happylab Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹79.28 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹87.68 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Happylab Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -21.2% | •••• | •••• | •••• |
| Net Profit Margin | -23.4% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Happylab Solutions are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Happylab Solutions Private Limited
Happylab Solutions Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Healthcare Products). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Healthbest Private Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Ram Esuper Store Private Limited | •••• | •••• | •••• | •••• | - | Sangli, Maharashtra, India |
| Apexvitals Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Medicrest Healthcare Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Reicuri Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Happylab Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Novocom Ventures Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| VMS Health Care Solutions Private Limited | •••• | •••• | •••• | •••• | - | Saroornagar, Telangana, India |
| Oxiclear Private Limited | •••• | •••• | •••• | •••• | - | Machiwara, Punjab, India |
| Adwitha Global Health Care Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Innovertus Nutrition Technologies (India) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Happylab Solutions by revenue in the Ecommerce and Internet industry (Healthcare Products), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Happylab Solutions Private Limited
Happylab Solutions Private Limited is audited by Arnav Kapadia & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Arnav Kapadia & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Happylab Solutions Private Limited
Happylab Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jinita Dharmen Sheth Also directs: Jenn (OPC) Private Limited | Director | 25 Nov 2022 | 3 Years 10 Months | Current |
| Harpreet Baweja Also directs: Roots Football Academy LLP, Aromathai Services Private Limited, Butter Events Private Limited and 2 more | Director | 19 Aug 2020 | 6 Years 1 Months | Current |
| Parag Ramesh Bhatia Also directs: Brevitas Ventures LLP, Bright Performance Nutrition Private Limited, Claris Distribution Private Limited and 1 more | Additional Director | 05 Jun 2025 | 1 Years 4 Months | Current |
Ownership and Shareholding of Happylab Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Happylab Solutions Private Limited
Happylab Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Happylab Solutions Private Limited
Happylab Solutions Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹7.89 Cr; the latest was in January 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Funding round · Seed | ₹7.89 Cr | Investors: Brevitas Ventures LLP , 3 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Happylab Solutions Private Limited
Happylab Solutions operates one associated brand: YourHappyLife. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Brand of health and beauty supplements | yourhappylife.com |
Employees and EPFO Compliance at Happylab Solutions Private Limited
Happylab Solutions Private Limited has a workforce of 0 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Happylab Solutions Private Limited
Happylab Solutions Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Parag Ramesh Bhatia was appointed as Additional Director on 05 Jun 2025.
Credit Ratings, Litigation & Regulatory Alerts for Happylab Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Happylab Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Happylab Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Happylab Solutions Private Limited
Happylab Solutions has 12 GST registrations: 11 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCH3921H1ZO | Maharashtra | Active | 03 Sep 2020 |
| 29AAFCH3921H1ZK | Karnataka | Active | 19 Feb 2022 |
| 06AAFCH3921H1ZS | Haryana | Active | 01 Mar 2023 |
| 07AAFCH3921H2ZP | Delhi | Active | 20 Jun 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Happylab Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Happylab Solutions Private Limited
Happylab Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 19 August 2020 (6+ years old) and is registered under CIN U15490MH2020PTC344074.
Happylab Solutions reported revenue of ₹3.75 Cr for FY 2024 (up 62% YoY).
Happylab Solutions has 3 current directors:
- Jinita Dharmen Sheth - Director
- Harpreet Baweja - Director
- Parag Ramesh Bhatia - Additional Director
Happylab Solutions reported a net loss of ₹87.68 Lakh (net margin -23.4%) and EBITDA of -₹79.28 Lakh (EBITDA margin -21.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Happylab Solutions is 309% over three years. In the latest year (FY 2024) revenue rose 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Happylab Solutions is 27AAFCH3921H1ZO, registered in Maharashtra. The company has 12 GST registrations in all, of which 11 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAFCH3921H1ZK (Karnataka), 06AAFCH3921H1ZS (Haryana), 07AAFCH3921H2ZP (Delhi).
The CIN (Corporate Identification Number) of Happylab Solutions is U15490MH2020PTC344074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Happylab Solutions was incorporated on 19 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Happylab Solutions has 1 deal on record (1 funding round), with disclosed funding of ₹7.89 Cr; the latest was in January 2025.
The peers of Happylab Solutions by revenue are Healthbest Private Limited, Ram Esuper Store Private Limited, Apexvitals Private Limited, Medicrest Healthcare Private Limited, Reicuri Private Limited and 5 more, all in the Ecommerce and Internet industry (Healthcare Products).
Parag Ramesh Bhatia was appointed as Additional Director on 05 Jun 2025. Jinita Dharmen Sheth ceased to be Additional Director on 29 Sep 2023. Santino Rocco Morea ceased to be Director on 30 Nov 2022. Happylab Solutions has 6 board changes on record in total.