# Silvan Innovation Labs Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/silvan-innovation-labs-pvt

- Industry: Consumer Products
- Headquarters: Bangalore, India
- Website: www.silvan.co.in
- Total disclosed funding: $0.7M
- Latest round: Series A (Jun 5, 2018)
- Investors on record: 2

## About

Silvan Innovation Labs Pvt. Ltd. specializes in developing innovative solutions for diverse industries, enhancing operational efficiency and user experience. The company integrates technology into its offerings, serving clients globally across various sectors.Founded in 2008 and headquartered in Bangalore, India, Silvan Innovation Labs Pvt. Ltd. focuses on providing advanced technological solutions tailored to industry-specific challenges. The company was fully acquired by Polycab India Limited in a TRADE SALE for INR 182 million on June 18, 2021. CEO Avinash Gautam leads the firm, which has successfully executed 7 deals since its inception.Silvan Innovation Labs Pvt. Ltd. delivers core offerings centered on innovative technology solutions tailored to meet the needs of various industries. Their products focus on enhancing operational efficiency, catering to a diverse clientele that includes large enterprises and small to medium-sized businesses. The company extends its services beyond India, reaching key markets in North America, Europe, and Asia, ensuring effective integration into clients' existing workflows.In the most recent fiscal year 2023, Silvan Innovation Labs Pvt. Ltd. reported a revenue of INR 268,918.5 and an EBITDA of INR 26,340.4. The company's revenue model includes partnerships and direct sales, offering customizable pricing plans that facilitate subscription agreements for continuous access to their products and services. This approach supports a solid revenue stream from a diverse client base, ranging from large corporations to startups.Silvan Innovation Labs Pvt. Ltd. aims to launch several new products designed to address emerging industry needs, with specific release dates expected in the next 12 months. The company plans to expand its market presence into regions within Europe and South East Asia by the end of 2025. The recent acquisition by Polycab India Limited for INR 182 million will provide the necessary funding to accelerate these expansion initiatives and support the development of new products.

## Funding rounds

- Series A, Jun 5, 2018, $0.7M — Infuse Ventures, 1Crowd

## Investors

- Infuse Ventures (https://capitalatlas.ai/funds/infuse-ventures) — Series A
- 1Crowd (https://capitalatlas.ai/funds/1crowd) — Series A