Simelabs
Valuation
$62.7M
2025 Revenue
$20.9M
Funding
$0
Team
190
How Simelabs CEO Derrick Sebastian grew Simelabs to $20.9M revenue with a 190 person team in 2025.
Simelabs, now a part of the Astek Group, a global multinational corporation with 11,000 employees worldwide, is an emerging leader in software solutions. We specialize in business mobility, Artificial Intelligence, Data Science, Machine Learning, IoT, Cloud Computing, and AR/VR technologies. We excel at transforming traditional IT infrastructures and implementing innovative digital solutions at scale, empowering businesses to thrive in today’s dynamic digital landscape. Our mission is to equip you with tools and strategies that position your business as a leader, whether through connected services or advanced commerce platforms. At Simelabs, we believe that technology, when designed with your customers in mind, delivers value, fosters deeper connections, and drives sustainable growth. With expertise in consulting, UX design, application development, system integration, and testing, we provide customized solutions across diverse business verticals and global projects. Our passionate professionals redefine excellence by delivering sophisticated and impactful technological solutions. Headquartered in Kochi, Kerala, Simelabs proudly serves a global clientele, including six Fortune 500 companies. As part of the Astek Group, we are well-positioned to bring even greater innovation and scale to our services, strengthening our commitment to delivering transformative solutions.
Last updated
Simelabs Revenue
In 2025, Simelabs's revenue reached $20.9M. Since its launch, Simelabs has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2025 | Simelabs Hit $20.9m revenue in November 2025 |
Simelabs Valuation, Funding Rounds
Simelabs's most recent disclosed valuation is $62.7M.
Simelabs is a bootstrapped SaaS startup that has reached $20.9M in revenue with no outside investment.
No funding has been reported for Simelabs yet.
Simelabs Employees & Team Size
Simelabs employs approximately 190 people as of 2026.
Simelabs has 190 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2025 | Reached 190 employees (November 2025) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Simelabs yet.
Frequently Asked Questions about Simelabs
What is Simelabs's revenue?
Simelabs generates $20.9M in revenue.
Who founded Simelabs?
Simelabs was founded by Derrick Sebastian.
Who is the CEO of Simelabs?
The CEO of Simelabs is Derrick Sebastian.
How much funding does Simelabs have?
Simelabs raised $0.
How many employees does Simelabs have?
Simelabs has 190 employees.
Where is Simelabs headquarters?
Simelabs is headquartered in Kanayannur, Kerala, India.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .