2024 Epic Journey of Lystloc: A Year of Innovation and Achievement

It’s a great moment to look back on our journey, acknowledge our successes, and recognize the obstacles we’ve conquered as the year draws to a close. Collaboration, hard work, and commitment made our journey stronger. Looking back, we are excited to report that this year has seen several noteworthy achievements and expansions, laying the groundwork for an even more exciting future.

We saw obstacles as chances this year, transforming struggles into solutions to satisfy our partners and clients. We’ve pushed limits, examined crucial markets, and made endless efforts to produce the best possible products. From new product launches to customer-focused innovations, we have glimpsed our vision in ways that best suit the market industry with innovative ideas.

Our accomplishment is the result of the dynamic efforts made by each team member and partner who has helped tell our narrative story this year. As we reflect on our victories, we look forward to setting new goals, and continuing our development, innovation, and influence progress in the upcoming year.

Let’s examine in more detail some of this year’s achievements, turning points, and lessons learned that help us to grow.

Product release and growth summary for 2024 year-end review

We hit important benchmarks in 2024 in terms of both product development and market expansion, setting up our business for future success.

Important new product releases and developments:

New product: This year, we discovered a number of revolutionary products that are aligned to improve user experiences and supply to particular customer demands. Lystface, Lystface API, and Lystnow were three notable releases; their distinctive features made the apps more popular and notable to unwind the future of modern technology. Based on user input, we released significant upgrades to current products that increase performance, speed, and usability.

In response to customer requests, we diversified our offerings by adding new features such as:

1. Dynamic Dashboard

2. Task module

• Filter for custom fields
• Forms based on task status

3. Tracking page

• Fetch current location of users – Mobile

4. Reports

• 19 new reports

5. Mobile

• iOS business card reader

Growth and market expansion:

Revenue growth: 2024 was a financially successful year, with a massive 36% growth in revenue compared to 2023, due to both improved customer retention and the successful launch of new products/features.

New market penetration: We have effectively expanded our global presence and reached a larger customer base by entering 42 new geographic markets, such as Australia, Belgium, Cambodia, Canada, Christmas Island, Cote D’Ivoire, El Salvador, Germany, Indonesia, Iraq, Kenya, Malaysia, Mauritius, Morocco, Nepal, Nigeria, Pakistan, Papua New Guinea, Paraguay, Philippines, Qatar, Rwanda, Saudi Arabia, Singapore South Africa, Sri Lanka, United Arab Emirates, United Kingdom, United States, United States Minor Outlying Islands, Western Sahara, South Sudan, Guernsey, Isle of Man, Jersey. We would expand it more with our thoughtful process and streamlined application.

Customer base growth: We saw a significant increase in direct-to-customer sales and the formation of new partnerships, which led to significant growth in our customer base. We are thrilled to have 1640 total paid customers to date. Notably, we have 21 loyal customers who have been using Lystloc for a continuous 5+ years. Also, we have earned 3 multi-billion dollar clients this year, which is a fruitful success.

This growth was facilitated by long-term contracts and robust product acceptance from key clients, including:

• Bhansali Trust
• Below (Pine Labs)
• R B VELHAL INFRASTRUCTURES PVT LTD
• Mooving Smart Mobility Energy Pvt Ltd
• NOVA AGRITECH LIMITED
• Nilachal Credit Management Private Limited
• Hitachi Payment Services Private Limited
• Pothys Swarnamahal
• Qatar Pest

Some of the valuable feedback from our beloved clients:

Impact of innovation on growth:

Our growth strategy has been centered on the intersection of innovation and customer satisfaction. By staying ahead of industry trends and consistently improving our products, we were able to attract new users and increase customer loyalty, which led to a significant increase in market share and brand recognition. As we look to the future, we are eager to build on this momentum by using the lessons learned and achievements from 2024 to continue driving product innovation and attaining even greater growth in 2025. We would proudly mention that December 2024 is the highest revenue generated month in our Lystloc 7+ journey.

We have successfully integrated Kredily software with the Lystloc application which covers the features of payroll, attendance, leave management, and HR.

SEO achievements

• Lystloc and Lystface got listed organically on the 1st page in more than 83 keywords by Google.
• Our organic traffic improved by 40%.
• Our organic leads increased by 178%.
• Our organic signups increased by 140%.
• 934 organic signups have been created in total.
• 1200+ leads generated through organic sources only.
• 80+ leads through blog popups.
• 924 demos and 401 closures have been successfully done.
• We achieved the top position for 90% of field employee-related keywords.
• Our DR improved from 30 to 52.
• Our DA improved from 28 to 41.
• Our spam score was reduced from 6 to 1.
• Within a short period, our Lystface API website’s DA Improved from 0 to 11.
• The keyword “face recognition API” ranked in the top 10 position.

Social-media achievements

• We are widely growing across social media platforms.
• We have crossed – 26k followers on LinkedIn.
• One of our Instagram reels crossed 216k views across the global platform.
• Our CEO Bharath got featured in Startup Pedia, which is a great initiative of 2024.

Read the full article here: https://startuppedia.in/startup-stories/chennai-entrepreneur-builds-software-that-tracks-workforce-productivity-federal-bank-becomes-client-8439932

We have successfully conducted 7 webinars in total with engaging topics. The final webinar of 2024 was led by our CEO and filled with great insights.

Watch here: https://www.youtube.com/watch?v=UnxC0_UIDaI

Reflecting on our team growth in 2024

Our team has had incredible change in the last 12 months of 2024. We had 71 people on the team at the beginning of the year, but we expanded it as needed to meet our strategic objectives and business requirements. This eventual rescaling was done to build a more impactful, agile, and focused employee in addition to increasing efficiency.

2024 was footprinted with Lystler’s amazing work anniversary of 10+ years = 2, 8+ years = 1, 5+ years = 4, 4+ years = 3, 3+ years = 12 which is a remarkable achievement for both employees and the firm.

This year, one of our biggest achievements has been the start of the DMR Project, a ground-breaking project that has already raised the standard for us. This project’s success is a result of the hard work and devotion of our skilled team, which currently consists of 23 members, who have worked relentlessly to generate value for our clients as well as for the firm.

Because of this streamlining, we are now in a better position to fulfill our objective and take decisive action toward excellence and innovation. We are thrilled about the potential waiting ahead in 2025 and incredibly proud of what we have achieved as we wrap up the phase of 2024.

Here’s to scaling impact, not just numbers!

The year-end review of our Lystloc journey envelops not only the achievements but also areas for improvement. It provides a roadmap for future success while reflecting on the company’s pathway, ensuring we are prepared for the challenges and opportunities of the upcoming year. We hope that 2025 will be a great year for launching new products/features with customizable settings, and satisfying our customer needs with our powerful team. We set up our goal as minimum 3x growth revenue next year with our strategic ideas and tremendous workforce.

Waiting for another incredible year with a successful journey! Wishing you all a very happy new year 2025.