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DashamLabs - About the company

DashamLabs is a seed company based in Gurugram (India), founded in 2024 by Apoorv Balwani, Devakar Dhingra, Ankit Jhanwar and Neha Hebalkar. It operates as a Manufacturer of silica aerogel insulation materials for various industrial applications. DashamLabs has raised $1.37M in funding from Speciale Invest, with a current valuation of $*****. The company has 46 active competitors, including 7 funded and 6 that have exited. Its top competitors include companies like Aspen Aerogel, Tecnoglass and KROSSLINKER.

Company Details

Manufacturer of silica aerogel insulation materials for various industrial applications. The company focuses on producing cost-efficient and scalable insulation solutions. These materials are designed for use in energy, oil and gas, automotive, aerospace, and construction industries. The company's products offer thermal stability, fire resistance, and hydrophobic properties.
Email ID
*****@dashamlabs.com
Phone Number
+91 **********
Registered Address
12, INDIA EXCHANGE PLACE, IST FLOOR, ROOM NO. 105, Kolkatta G.P.O., Kolkata, Kolkata, West Bengal, India, 700001
Key Metrics
Founded Year
2024
Location
Gurugram, India
Stage
Seed
Total Funding
$1.37M in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Mar 14, 2026
Ranked
Employee Count
11 as on May 31, 2026
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DashamLabs's funding and investors

DashamLabs has raised a total funding of $1.37M over 1 round. Its latest funding round was a Seed round on Aug 25, 2025 for $*****. 3 investors participated in its latest round. DashamLabs has 4 institutional investors.

Here is the list of recent funding rounds of DashamLabs:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 25, 2025
9716391
Seed
8126085
3888022
5439898
2504734
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DashamLabs' founders and board of directors

Founder? Claim Profile
The founders of DashamLabs are Apoorv Balwani, Devakar Dhingra, Ankit Jhanwar and Neha Hebalkar. Ankit Jhanwar is the CEO of DashamLabs.
Here are the details of DashamLabs' key team members:

DashamLabs' employee count trend

DashamLabs has 11 employees as of May 26. Here is DashamLabs's employee count trend over the years:
Employee count trend for DashamLabs
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DashamLabs's Competitors and alternates

Top competitors of DashamLabs include Aspen Aerogel, Tecnoglass and KROSSLINKER. Here is the list of Top 10 competitors of DashamLabs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aspen Aerogel
Aspen Aerogel
2001, Northborough (United States), Public
Provider of thermal insulation solutions
$198M
72/100
2nd
Logo for Tecnoglass
Tecnoglass
1994, Barranquilla (Colombia), Public
Manufacturer of insulating, laminated, monolithic, low-E, and curved glass
-
-
57/100
3rd
Logo for KROSSLINKER
KROSSLINKER
2019, Singapore (Singapore), Seed
Manufacturer of insulation materials
$1.3M
50/100
4th
Logo for Svenska Aerogel
Svenska Aerogel
2000, Gavle (Sweden), Public
Manufacturer of aerogel material, Quartzene, for thermal insulation and fire resistance
$2.29M
50/100
5th
Logo for DashamLabs
DashamLabs
2024, Gurugram (India), Seed
Manufacturer of silica aerogel insulation materials for various industrial applications
$1.37M
45/100
6th
Logo for KEEY Aerogel
KEEY Aerogel
2015, Habsheim (France), Series A
Provider of aerogel based solutions
$18.9M
40/100
7th
Logo for JIOS Aerogel
JIOS Aerogel
2013, Osan si (South Korea), Unfunded
Provider of lithium-ion battery systems for commercial purposes
-
-
38/100
8th
Logo for Blueshift
Blueshift
2013, San Antonio (United States), Seed
Manufacturer of polymer-based aerogel materials
$100K
-
38/100
9th
Manufacturer of silica aerogels
$1.18M
38/100
10th
Logo for Mettech
Mettech
1990, Surrey (Canada), Unfunded
Thermal Barrier Coatings
-
-
33/100
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DashamLabs's Latest cap tables and shareholding

Founders (largest shareholder) own 65.97%, Funds own 25.20%, Enterprises own 2.07% and Other People own 0.95%. The net worth of DashamLabs's founders is INR 36.3Cr as of Mar 14, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
65.97%
36.3Cr
2207911
9806015
9618303
3073584
5693812
8425312
6466818
3506874
7102446
8877091
5870183
2778731
2252403
6675191
3154055
7501023
7997979
5337091
5445873
6095202
5005236
2468235
491
804
623
354
208
803
Fund
25.20%
13.9Cr
1100220
7896797
9073412
9951424
2699881
4298285
2016097
5003255
1858880
7946347
0
0
0
0
0
0
Enterprise
2.07%
1.14Cr
16
25
81
11
Other People
0.95%
52L
0
0
0
0
ESOP Pool
5.82%
3.2Cr
84923
42674
47892
90737
Total
100.00%
55Cr
7334256
5751702
9601068
1469321
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of DashamLabs's Shareholding

DashamLabs's Investments and acquisitions

DashamLabs has made no investments or acquisitions yet.

News related to DashamLabs

Media has covered DashamLabs for 1 event in last 1 year.
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FAQs about DashamLabs

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