Startup Atlas · Biotechnology

Mylab Discovery Solutions

Mylab Discovery Solutions Private Limited Pune, Maharashtra Founded 2016 mylabglobal.com ↗
Hasmukh Rawal · Co-Founder & Managing Director Shailendra Kawade · Co-Founder & Chairman
UndisclosedTotal funding (tracked)
2Funding rounds
23 Jun 2023Last round

Mylab Discovery Solutions: Financial Breakdown

Figures below are FY2023, standalone basis, compiled from filings and disclosures — every year cited to its source.

Rs 95 croreTotal revenue · -63.6% YoY
Rs 185 croreTotal expenses
loss of Rs 47 croreNet loss · swung to a loss (was a profit)

Revenue by fiscal year

0255075100125$MRs 8.2 crore: $1.2M1.2FY2020Rs 825.42 crore: $111.2M111FY2021Rs 260.71 crore: $35M35FY2022Rs 95 crore: $11.8M12FY2023

Net profit / loss by fiscal year

-100102030$MRs 10.9 crore: $1.5M1.5FY2020Rs 177.14 crore: $23.9M24FY2021Rs 15.84 crore: $2.1M2.1FY2022loss of Rs 47 crore: $-5.8M-5.8FY2023

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2023 Rs 95 crore Rs 185 crore loss of Rs 47 crore source
FY2022 Rs 260.71 crore Rs 249.99 crore Rs 15.84 crore source
FY2021 Rs 825.42 crore Rs 600.34 crore Rs 177.14 crore source
FY2020 Rs 8.2 crore Rs 8 crore Rs 10.9 crore source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: en.wikipedia.org · Last verified 9 Sep 2026. · Report a correction