Letsmobility

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Letsmobility - overview

Established

2015

Location

Hyderabad, Telangana, India

Primary Industry

Software

About

Based in Telangana, India, and founded in 2015, Letsmobility Private Limited is a provider of software product engineering services that specialize in web and mobile app development solutions. In January 2022, ISTHARA Parks Private acquired Limited Letsmobility.   The company's services encompass UI/UX design, mobile app development, web app development, testing, and the creation of the mobile application called "Younify," which is a social network built on blockchain technology for educational purposes. Additionally, they offer AI-powered personalized style assistants named Ria, Lilly, and Anik, designed to assist with clothing and makeup choices for any occasion.


These assistants are developed for the lifestyle industry and are part of the flagship offerings of the company. Another product they provide is "Avaasa," a suite for hostel management that includes features such as booking, AI-powered search, property management, and more.


Current Investors

ISTHARA Parks Private Limited

Primary Industry

Software

Sub Industries

Web Development, Systems Management Software, Software

Website

www.letsmobility.com

Verticals

Blockchain, Cloud Computing, Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Letsmobility - timeline of key events

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Letsmobility - financials

Fiscal Year EndedMar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)-644,452958,5014,362,7504,288,1242,817,099---
% Revenue Growth (YoY)--48.7%355.2%(1.7%)(34.3%)---
EBITDA (USD)-168,091(1,343,529)(105,555)(4,281,573)(2,144,999)---
Operating Income (USD)-129,967(1,392,267)(178,309)(4,395,715)(2,253,555)---
Operating Margin-20.2%(145.3%)(4.1%)(102.5%)(80.0%)---
% EBITDA Margin-26.1%(140.2%)(2.4%)(99.8%)(76.1%)---
NET Income (USD)-89,808(1,392,267)(178,309)(4,376,166)(2,250,524)---
% Net Margin-13.9%(145.3%)(4.1%)(102.1%)(79.9%)---

Letsmobility - employee data

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