Shiv Technolabs Private Limited

Background

Shiv Technolabs Private Limited, established on June 8, 2016, is a prominent IT services company headquartered in Ahmedabad, Gujarat, India. The company specializes in delivering a comprehensive suite of digital solutions, including web and mobile application development, UI/UX design, and digital marketing services. With a mission to provide innovative and customized IT solutions, Shiv Technolabs has positioned itself as a trusted partner for startups, SMEs, and enterprise-level businesses globally.

Key Strategic Focus

Shiv Technolabs concentrates on several core areas:

Mobile App Development: Expertise in creating high-performance applications across platforms such as React Native, Flutter, Android, iOS, Hybrid, and Cross-Platform.

Web Development: Proficiency in developing dynamic websites using technologies like PHP, Laravel, Python, React.js, Node.js, WordPress, and Angular.

eCommerce Development: Specialization in platforms including Shopify, Magento, WooCommerce, OpenCart, and PrestaShop, offering end-to-end solutions for online businesses.

UI/UX Design: Delivering exceptional design services encompassing prototype and wireframe design, brand logo creation, and both web and mobile UI/UX design.

Digital Marketing: Comprehensive services covering brand marketing, SEO, content marketing, paid marketing, social media marketing, and mobile app marketing.

Financials and Funding

As of the financial year ending March 31, 2023, Shiv Technolabs reported operating revenues in the range of INR 1 crore to 100 crore. The company experienced a decrease in EBITDA by 147.95% and a decline in net worth by 169.08% compared to the previous year. The authorized and paid-up capital stands at INR 1.00 lakh.

Technological Platform and Innovation

Shiv Technolabs leverages a diverse array of technologies to deliver innovative solutions:

Mobile Technologies: Utilization of React Native, Flutter, Android, iOS, and Hybrid platforms for app development.

Web Technologies: Deployment of PHP, Laravel, Python, React.js, Node.js, WordPress, and Angular for web development projects.

eCommerce Platforms: Expertise in Shopify, Magento, WooCommerce, OpenCart, and PrestaShop for developing robust online stores.

Design Tools: Application of advanced UI/UX design tools to create engaging user experiences.

Leadership Team

Kishan Rameshchandra Mehta: Serving as the Managing Director and Founder since June 8, 2016, Mr. Mehta brings over a decade of experience in technology, marketing, mentoring, business strategy, and mobile and web development.

Sheetal Mehta: Appointed as Director on February 23, 2022, contributing to the company's strategic direction.

Competitor Profile

Market Insights and Dynamics

The IT services industry is characterized by rapid technological advancements and increasing demand for digital transformation solutions. Companies are continually innovating to meet the evolving needs of businesses seeking to enhance their digital presence.

Competitor Analysis

Key competitors include:

Technource: A company with 34 employees and revenue of $5 million, focusing on custom software and IT services.

Kody Technolab Pvt: Employing 97 individuals with a revenue of $4.2 million, specializing in web and mobile app development.

Fortunesoft IT Innovations: With 91 employees and $20 million in revenue, offering comprehensive IT solutions.

Stark Digital Media Services Pvt: A team of 74 employees generating $7.2 million in revenue, providing digital media services.

Unified Infotech: Employing 200 professionals with a revenue of $48.7 million, delivering end-to-end IT services.

Strategic Collaborations and Partnerships

Shiv Technolabs has established a global presence with offices in Canada and Australia, enabling the company to cater to a diverse clientele and expand its market reach.

Operational Insights

The company differentiates itself through:

Comprehensive Service Offerings: Providing a wide range of services from development to digital marketing, offering clients a one-stop solution.

Global Reach: Serving clients across various countries, including Australia, the USA, and Canada, demonstrating adaptability to different market needs.