Innovin Labs

What Innovin Labs does

Innovin Labs (legally InnoAI Technologies Pvt. Ltd., CIN: U72900KL2023PTC078123) is a technology consulting and custom software development firm founded in 2023, headquartered in Trivandrum, Kerala, India near the Technopark IT campus, with additional offices in Melbourne, Australia and San Francisco, USA. The firm operates with approximately 15 employees and serves startups and small businesses through four interconnected service lines: Smart Product Development (MVP builds to enterprise-grade scaling), AI-Enhanced Design and Prototyping, Strategic Technology Consulting, and Strategic AI Consulting.

The company's technology stack spans modern full-stack web and mobile development using React, Next.js, React Native, Python, Django, FastAPI, Node.js, NestJS, and Go, with cloud infrastructure on AWS, GCP, and Azure, and AI capabilities layered on top via OpenAI APIs, GitHub Copilot Enterprise, LangChain, TensorFlow, and Claude. Internal tooling includes Mixpanel, Hotjar, Google Analytics, and Slack integrations for analytics and team collaboration. Notable technical components are the AI coding assistant workflow and a Celery-based asynchronous processing pipeline used in client applications.

The business model is professional services and project-based consulting, with flexible engagement models including Project-Based Execution, Remote CTO & Technology Team, and Build-Operate-Transfer arrangements. Pricing is custom and not publicly disclosed; the firm is bootstrapped and founder-owned, with no institutional funding disclosed. Go-to-market is sales-led via direct engagement, supported by a content marketing blog (Knowledge Hub) for inbound demand. The leadership team comprises Founder/CEO Vidyanand Krishnan, CTO Stallon Selvan, COO Harihara S, and MD for South & Oceania/ANZ Sujith Chellappan, with advisory support from Himanshu Verma (Eventbrite VP Engineering) and AI advisor Sreekanth Sreedharan.

Name

Innovin Labs

Legal name

InnoAI Technologies Pvt. Ltd.

Website

https://innovinlabs.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Innovin Labs is a bootstrapped, India-headquartered technology consulting firm founded in 2023 that provides AI-accelerated custom software development, MVP building, and strategic AI/technology advisory services primarily to startups and small businesses across India, Australia, and the United States.

Ownership category

akta.pro rank

Product category

Technology Consulting Services

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Other Scientific and Technical Consulting Services (54169)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371), Services-Management Consulting Services (8742)

akta.pro primary industry

AI/ML Solution Integration & MLOps Enablement (BPAEAAAJ)

akta.pro secondary industry

Enterprise Architecture & IT Operating Model (BPAHAEAB)

Keywords

• Technology consulting services
• Custom software development
• AI consulting services
• MVP development
• Product engineering services

Headquarters

HQ city

Trivandrum

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Technology Consulting & Professional Services: Project-based consulting engagements providing technology strategy, AI consulting, and custom software development services to startups and small businesses. Revenue is generated through fixed-price projects or time and materials engagements where clients pay for dedicated development teams and technology advisory services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Innovin Labs is a technology consulting and software development firm that helps startups and small businesses build, scale, and modernize digital products. The company provides end-to-end services spanning MVP development, full-stack web and mobile engineering, AI integration, strategic technology consulting, and dedicated remote CTO/team augmentation engagements. They operate under flexible engagement models including Project-Based Execution, Remote CTO & Technology Team, and Build-Operate-Transfer arrangements.

Product overview

Innovin Labs is a technology consulting and software development firm offering four interconnected service lines: Smart Product Development (MVP builds to enterprise scaling), AI-Enhanced Design and Prototyping (AI-powered creative design), Strategic Technology Consulting (architecture and roadmap planning), and Strategic AI Consulting (custom AI solution implementation). The firm differentiates by infusing AI capabilities across all services, leveraging tools like GitHub Copilot, OpenAI APIs, and LangChain. Their engagement models include project-based execution, remote CTO services, and build-operate-transfer arrangements, primarily serving startups and small businesses.

Differentiator

Problem solved

Functional benefit

Products and services

• Smart Product Development Full-stack software development service for startups and small businesses, handling end-to-end product delivery from initial MVP builds to scaling enterprise-grade solutions. Leverages AI tools like GitHub Copilot to boost coding productivity and streamline development workflows.
• Strategic Technology Consulting Technology advisory service that guides clients' technical roadmap, helping them choose the right architecture and technology stack to future-proof their businesses. Includes custom technology planning, smart off-the-shelf solutions, and capacity building.
• Strategic AI Consulting AI advisory service that empowers clients with intelligent solutions tailored to specific business problems and strategic goals. Combines expert-driven AI tools with deep industry knowledge for solutions that integrate with existing operations.
• AI-Enhanced Design and Prototyping Creative design service that blends AI-powered insights with rapid prototyping tools to transform ideas into intuitive, data-driven designs. Generates multiple design solutions based on AI algorithms and simulates user journeys using AI-based modeling to inform design iterations.

Quantifiable outcome

• Zirkly achieved significantly shorter time to app launch
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability10 records

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Infosys: India-headquartered global IT services and consulting giant offering AI, cloud, and digital transformation services. Comparable to Innovin Labs in its India-origin delivery model and AI consulting capability, though at vastly larger enterprise scale and with broader service portfolio.
• Globant: Global digital transformation and technology services firm delivering software engineering, AI, and consulting across industries. Comparable to Innovin Labs at the broad-services layer (AI consulting, custom development, strategy) but operating at much larger scale with enterprise focus.
• Wipro: India-based global IT services and consulting firm offering application development, AI, cloud, and technology consulting. Comparable to Innovin Labs in its India delivery base, broad technology consulting, and AI integration practices, though at much larger enterprise scale.
• Thoughtworks: Global technology consultancy that designs, builds, and runs digital products and platforms for enterprises and growth-stage companies. Comparable to Innovin Labs for its full-stack product engineering and technology strategy consulting focus, though at vastly larger scale and primarily serving enterprise clients.

Emerging players

• Toptal: Network of top freelance software developers, designers, and consultants serving startups, SMBs, and enterprises on flexible engagements. Comparable to Innovin Labs for its on-demand senior talent positioning and project-based/team-augmentation go-to-market, though Toptal operates as a talent marketplace rather than a services firm.

Direct peers

• Net Solutions: Digital product development firm delivering web, mobile, and AI-enabled software for startups and growth-stage businesses. Comparable to Innovin Labs in its end-to-end product development services, technology stack breadth, and startup/SMB customer focus.
• Simform: Digital product engineering and software development firm offering custom software, MVP development, and cloud/AI services to startups and SMBs. Closely mirrors Innovin Labs in target customer (startups/SMBs), MVP delivery focus, and broad full-stack + AI/ML capability.
• Rapidops: Digital product development and technology consulting firm specializing in MVP development, product design, and full-stack engineering for startups and enterprises. Direct competitor in MVP/rapid-delivery niche with overlapping technology consulting and AI capability.
• Andela: Global talent marketplace that connects companies with vetted remote engineers, with delivery hubs in Africa and emerging markets. Comparable to Innovin Labs in its team-augmentation/Remote CTO model and emerging-market talent positioning for startup/SMB clients.
• BairesDev: Nearshore technology solutions company providing dedicated engineering teams and custom software development, with delivery leveraging Latin American talent. Comparable to Innovin Labs for its team-augmentation model, project-based engagements, and global client reach from a cost-arbitrage delivery base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/innovinlabs

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Innovin Labs