With 500% Y-o-Y growth, GoodWorkLabs strengthens foothold as one of the most successful

bootstrap startups in India with projected revenue of $10 Million by 2018

Delivering cutting-edge technology to both Fortune 500 companies and innovative start-ups, the organization looks to
expand its market presence in Europe, Africa and APAC regions
Bangalore, 10 June, 2016: After its completion of 3 years, GoodWorkLabs, an award-winning new-age software lab
and UX design studio has announced its expansion plans today with a projected revenue of $10 Million by 2018. The
company offering a wide range of services from designing & developing mobile apps and games to cloud-based tech
products, initially saw a rolling revenue of $0.5 million in 2014-15, which grew on to become five-fold to $2.5 million in
2015-16, making it one of the most successful bootstrapped startup companies in India. GoodWorkLabs provides
solutions for premium clientele globally, and is deepening its presence across industries, both domestically and in
several regions across the globe. Serving customers both in India and the US, the organization is now setting its
footprints and exploring partnerships with leading innovative technology companies in the markets across Europe, Africa
and Asia Pacific regions in the year 2016-17.
Born in 2013, GoodWorkLabs started off with an initial investment of Rs. 25 Lakhs and now with offices in Bangalore,
Kolkata and San Francisco Bay Area, remains upbeat about its further growth. Being self-funded, GoodWorkLabs
specializes in innovation outsourcing by providing cutting edge products and solutions that cover developing and
customizing mobile apps, software products, games and UX design.
Announcing the organizations robust growth and expansion plans, Vishwas Mudagal, CEO & Co-Founder,
GoodWorkLabs said, Our ongoing engagement with our clients across verticals, has brought in positive results as we
continue to grow 500% year-on-year. This year we look forward to expanding our market presence across various
verticals, with possible partnership opportunities in new markets in Europe, Africa and the APAC regions.
Our mindshare in the high-end consulting and technology space is growing significantly in India and the US and we will
leverage this to expand into other markets, globally stated Sonia Sharma, MD & Co-founder, GoodWorkLabs. She
added, By building our proprietary Enterprise Mobility Platform that customers can use to roll-out mobile apps and
solutions in record time, we are scaling up our operations and plan to double our headcount over the next six-months.
The power duo feel that it is not only their innovative, agile and scalable approach to product making but also their
artistic approach to product designing which sets them apart- a principle they are determined to hold on to disrupt the
status quo of every product space they work in.
About GoodWorkLabs:

GoodWorkLabs is a world-leading outsourced product development company that designs and builds mobile apps,
software products and games for top clientele globally. With offices in Bangalore, Kolkata and San Francisco Bay Area,
the company is growing at 500% year-on-year and has established itself as a premium tech provider for Fortune 500
companies and startups alike, including Flipkart, Hindustan Unilever, CommonFloor, Ekstep, Avaya, Sesame Street and
Canvera. The company is led by industry veterans Vishwas Mudagal, CEO & Co-founder, and Sonia Sharma, MD & Cofounder, and is a valued member of NASSCOM.
GoodWorkLabs has added to its credit several Awards and Recognition, with the recent ones Among Indias Top 10
UX Design Studios of India by POOL Magazine in 2015, Hot 50 Bangalore Brands Award 2015- Hindustan Times and
Bangalore Brand Summit, 20 Most valuable Mobile Applications Solution Provider 2015- Insights Success and was
conferred with Fastest Growing India Company Award 2014 IAC.

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