Velectron labs - About the company
Velectron labs is a seed company based in Bengaluru (India), founded in 2018 by Abhijit Nair. It operates as a Provider of anti-addiction device. Velectron labs has raised $40.9K in funding from Bioinnovation Centre, with a current valuation of $*****. The company has 7 active competitors, including 3 that are funded. Its top competitors include companies like Pivot, Chrono Therapeutics and e-Nicotine Technology.
Company Details
Provider of anti-addiction device. The company has created a wearable anti-addiction device that aids customers with their addiction issues.
- Website
- voidelectron.com
- Social
- Email ID
- *****@gmail.com
- Phone Number
- +91 **********
- Registered Address
- H.N. 115-C,The Mark Residences, NRI Layout Main Rd, 1st Block, Bangalore, RAMAMURTHY NAGAR, Karnataka, India, 560016
Key Metrics
Founded Year
2018
Location
Bengaluru, India
Stage
Seed
Total Funding
$40.9K in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Jun 16, 2021
Investors
Ranked
3rd among 7 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2026
Employee Count
3 as on Sep 30, 2026
Legal entities associated with Velectron labs
Velectron labs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
VELECTRON LABS PRIVATE LIMITED CIN: U31900KA2018PTC117988 , India, Active | Oct 25, 2018 | 0 - ₹10 Cr (As on Mar 31, 2026) | - |
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Velectron labs's funding and investors
Velectron labs has raised a total funding of $40.9K over 1 round. Its latest funding round was a Seed round on Jun 16, 2021 for $*****. 1 investor participated in its latest round. Velectron labs has 5 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Velectron labs:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 16, 2021 | 6527923 | Seed | 5435378 | 4572932 | 1942450 | 6084014 |
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Velectron labs' founders and board of directors
Founder? Claim ProfileThe founders of Velectron labs is Abhijit Nair.
Here are the details of Velectron labs' key team members:
- Abhijit Nair: Co-Founder & CEO of Velectron labs. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Velectron labs' Board of Directors
Velectron labs's board has 2 active members. Abhijit Nair and Srirama Raghavendra Swamy are part of team.Here is the list of Velectron labs' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 11m | |
Team | - | Current | 7y 11m |
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Velectron labs' employee count trend
Velectron labs has 3 employees as of Sep 26. Here is Velectron labs's employee count trend over the years:
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Velectron labs's Competitors and alternates
Top competitors of Velectron labs include Pivot, Chrono Therapeutics and e-Nicotine Technology. Here is the list of Top 10 competitors of Velectron labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Pivot 2015, San Carlos (United States), Series B | Provider of application for smoking de-addiction | $37.5M | 66/100 | |
2nd | Chrono Therapeutics 2004, Waltham (United States), Deadpooled | A transdermal nicotine replacement therapy for smoking cessation. | $82.2M | 35/100 | |
3rd |  Velectron labs 2018, Bengaluru (India), Seed | Provider of anti-addiction device | $40.9K | 35/100 | |
4th | e-Nicotine Technology 2012, Los Gatos (United States), Series A | Nicotine Delivery with e-health tools to help individuals transition from smoking. | $3.98M | 28/100 | |
5th | Neurotype 2019, Minneapolis (United States), Funding Raised | Provider of next-generation neurofeedback and tools to overcome triggers for craving | - | 25/100 | |
6th | Predictwatch 2016, Poland, Unfunded | Developer of technology for predicting and reducing relapse risk in addictions | - | - | 17/100 |
7th |  ODEN Health Solutions 2020, Coquitlam (Canada), Deadpooled | Provider of drug overdose detection device for drug deaddiction | - | - | 16/100 |
8th |  Biseach 2024, United Kingdom, Unfunded | Developer of wearable sensors and instruments monitoring real alcohol consumption | - | - | 16/100 |
9th |  Lana Exprience 2022, Oman, Deadpooled | Provider of a smart solution for people dealing with substance use disorder | - | - | 15/100 |
10th |  Better Step 2025, Tbilisi (Georgia), Unfunded | Developer of wearable devices monitoring biometric indicators for addiction recovery | - | - | 14/100 |
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Financials of Velectron labsFY 26 Available
VELECTRON LABS PRIVATE LIMITED, the legal entity associated with Velectron labs, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of VELECTRON LABS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 645% in the last 1 year.
Financial Statement Summary
Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 7666 | 8148 | 2309 | 9249 | 9606 |
Total Sales | 6603 | 3560 | 9519 | 2924 | 8563 |
Total Expenses | 7626 | 6661 | 5261 | 5319 | 2600 |
Operating Expenses | 4008 | 5336 | 4695 | 6667 | 4890 |
Employee Expenses | 4041 | 1324 | 5720 | 1268 | 9504 |
Operating Income (EBIT) | 2263 | 3970 | 8629 | 1616 | 5914 |
Interest Expenses | 7459 | 9129 | 3663 | 9435 | 8169 |
Expenses from other activities | 3334 | 1816 | 3106 | 3625 | 3017 |
EBITDA | 2493 | 6640 | 8295 | 6709 | 3779 |
Taxes | 8805 | 9519 | 8466 | 1135 | 3226 |
Net Profit | 2799 | 1132 | 8043 | 1855 | 7902 |
Balance Sheet | |||||
Assets | 8037 | 2346 | 5117 | 5329 | 4382 |
Accounts Receivables | 9402 | 7445 | 9437 | 1891 | 7923 |
Inventory | 3773 | 1531 | 7393 | 2717 | 8764 |
Liabilities | 7197 | 7295 | 7396 | 8904 | 2487 |
Total Debt | 1377 | 6423 | 6866 | 7803 | 6565 |
Accounts Payable | 5703 | 8732 | 1987 | 1589 | 3079 |
Equities | 7180 | 5112 | 4622 | 5565 | 7047 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Velectron labs's Investments and acquisitions
Velectron labs has made no investments or acquisitions yet.
Reports related to Velectron labs
Here is the latest report on Velectron labs's sector:
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