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

Lavelle Networks Private Limited - financials
| Fiscal Year Ended | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 38,211,701 | 23,139,209 | 6,530,322 | 60,538,831 | 170,530,065 | 105,838,357 | - | - | - |
| % Revenue Growth (YoY) | - | - | (39.4%) | (71.8%) | 827.0% | 181.7% | (37.9%) | - | - | - |
| EBITDA (USD) | (1,120,890) | 1,729,074 | 3,864,956 | (43,098,063) | (51,043,160) | (122,952,608) | (61,111,759) | - | - | - |
| Operating Income (USD) | (1,177,271) | 54,046 | 2,232,300 | (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) | 54,046 | 2,111,121 | (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 Type | Deal Status | Target (s) | Deal Date | Investor(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 Sale | Announced | Lavelle Networks Private Limited | - |
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Lavelle Networks Private Limited - employee data


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