Lavelle Networks Private Limited

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Lavelle Networks Private Limited - overview

Established

2015

Location

Bangalore, Karnataka, India

Primary Industry

Software

About

Lavelle Networks Private Limited is an Indian company focusing on advanced Software-Defined Wide Area Network (SD-WAN) solutions, enhancing network performance and security for enterprises across various industries. Founded in 2015 and headquartered in Bangalore, India, Lavelle Networks provides SD-WAN solutions that streamline network performance for businesses. The company has engaged in 8 total deals, with a notable Series B funding round of INR 150. 000 mn led by Bharti Airtel Limited on January 31, 2022.


The co-founders are Karthik Madhava and Shyamal Kumar, who also serves as CEO. The total amount raised by the company stands at INR 150. 000 mn, with a current valuation of INR 1215. 181 mn.


Lavelle Networks specializes in providing advanced Software-Defined Wide Area Network (SD-WAN) solutions through its core product, ScaleAOn. This platform optimizes network performance and security for enterprises by enabling the use of the Internet as a bandwidth service, eliminating reliance on traditional MPLS connections. ScaleAOn includes components such as CloudPort Edge for connectivity, CloudPort Gateway for interoperability, and CloudStation Controller for network management. The company serves a diverse client base, including major brands in retail, healthcare, finance, and manufacturing across North America, Europe, and Asia.


In the most recent year, Lavelle Networks reported revenue of INR 2,760,486. 90 and an EBITDA of INR -1,419,417. 30, reflecting its operational performance within the SD-WAN sector. Lavelle Networks aims to accelerate product development following its recent funding from Bharti Airtel Limited, which acquired a 25% stake.


This investment is expected to enhance their product offerings and facilitate expansion into new markets. The company plans to focus on launching new features for the ScaleAOn platform and is targeting increased penetration in North America and Europe by the end of 2023.


Current Investors

ShoreTel, Ideaspring Capital, ASM Technologies Limited

Primary Industry

Software

Sub Industries

Connectivity Software

Website

www.lavellenetworks.com

Verticals

Cloud Computing

Total Amount Raised

Subscriber access only

Lavelle Networks Private Limited - timeline of key events

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Lavelle Networks Private Limited - financials

Fiscal Year EndedMar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)-38,211,70123,139,2096,530,32260,538,831170,530,065105,838,357---
% Revenue Growth (YoY)--(39.4%)(71.8%)827.0%181.7%(37.9%)---
EBITDA (USD)(1,120,890)1,729,0743,864,956(43,098,063)(51,043,160)(122,952,608)(61,111,759)---
Operating Income (USD)(1,177,271)54,0462,232,300(47,646,316)(60,774,504)(140,911,367)(88,301,679)---
Operating Margin-0.1%9.6%(729.6%)(100.4%)(82.6%)(83.4%)---
% EBITDA Margin-4.5%16.7%(660.0%)(84.3%)(72.1%)(57.7%)---
NET Income (USD)(1,177,271)54,0462,111,121(36,157,304)(45,642,693)(105,861,515)(74,103,713)---
% Net Margin-0.1%9.1%(553.7%)(75.4%)(62.1%)(70.0%)---

Lavelle Networks Private Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleAnnouncedLavelle Networks Private Limited-

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Lavelle Networks Private Limited - employee data

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