Mobilise App Lab IPO

Incorporated in April 2013, Mobilise App Lab is a SaaS-based enterprise software company providing digital platforms to institutional and corporate clients. The company operates on a pure B2B model and offers four core products - EduPro (ERP for educational institutions), OpsSuite (Computerised Maintenance Management System - CMMS), SCMPro (Supply Chain & Procurement solution) and HRevo (HRMS & employee lifecycle management platform).

EduPro is subscription-based software to manages admissions, attendance, exams, transport, fees and payroll for schools whereas OpsSuite handles asset lifecycle, preventive maintenance and IoT-based monitoring.

OpsSuite integrates IoT devices, RFID, GPS and barcode systems and currently manages 9.60 lakh assets across multiple state-level healthcare projects and other engagements. HRevo manages active employee data of over 4.11 lakh individuals globally, including about 3.0 lakh in India whereas EduPro serves 34,303 students across 15 schools as of Aug 2025. The company provides ERP solutions to B2B clients who further deliver services to its end customers.

In FY25, HRevo contributed 52.79% followed by OpsSuite at 29.72%, SCMPro at 13.60% and EduPro at 3.89%. It is entirely service-based and largely domestic with Maharashtra contributing 68.35% and West Bengal contributing 7.03%, followed by others. The top 10 customers contributed 97.39% of revenue in FY25.