TOP 10 BIOTECHNOLOGY STARTUPS IN INDIA - LetsDiskuss
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TOP 10 BIOTECHNOLOGY STARTUPS IN INDIA

India is among the top 12 destinations for biotechnology worldwide At the moment India biotechnology industry makes up just 3 of the overall global biotech market 111 billion81680 crore but this number is expected to go up to 19 by 2025 100 billion75lakh crore thats almost onefifth of the worlds biotech sector The biotechnology industry in India comprises 2700 biotech startups and is estimated to reach 10000 by 2024 which aims to provide high quality drugs better diagnosis MedTec products available at reasonable priceLets take a look at Indias top 10 biotechnology startups that are making India the world a healthier placeXCode Life SciencesFounded by Mohammed Saleem Abdur Rab Abdur Rahman Ramabadran narayanan in 2010 It focuses on preventive healthcare by enabling individuals to understand their genetic makeup and helping them to improve their lives by creating personalized health nutrition and fitness plan based on their genetic markers and disease risk A couple of years back XCode also launched the worlds first ever South Asian ancestry genetic test which enables south Asian people to trace their ancestry So far XCode life science has raised 170 million 125 crore from round glass partners and shade holdingsMapMyGenomeFounded by Anu Acharya in 2013 It is a personal genomics startup that offers their customers DNAbased immunity report which offer insights about your risk towards certain immune system diseases as well as life style diseases they might be susceptible to These reports also tell which drugs will be most effective for them based on their DNA Make My Genome has raised 1 million 7 crore from investors Singapore angel network sequoia capitals MD Rajan AnandanOncostem DiagnosticsFounded by Manjiri Bakre in 2011 Oncostem is a cancer treatment startup that offers innovative prognostic preventive solutions Its flagship product CanAssist Breast is a prognostic test for early stage breast cancer patients which provide vital insights about breast tumors as well as benefits risks of chemotherapy and hormonal therapy It is working on developing tests for other type of cancer like oral ovarian cancer Oncostem diagnostic has raised 7 million 515 crore from Artiman VenturesSea6 EnergyThe company was founded by 4 IIT Madras students Sailaja Nori Nelson Vadasseri Sayash Kumar Sowmya Balendiran and their professor Shrikumar Suryanarayan in 2010 Sea6 Energy calls itself an ocean operating system because it has managed to harness the seaweed grown in oceans in a sustainable way to create a range of bioproducts that can boost agriculture enhance animal plant immunity and provide an alternative source of energy It has raised 89 million 655 crore from investors like Tata Capital Biocons founder and CEO Kiran Mazumdar ShawPandorum TechnologiesFounded by Arun Chandru and Dr Tuhin Bhowmick in 2011 Pandorum Technologies is a biotech company that focuses on tissue engineering regenerative medicine It is the 1st Indian company to design 3D print human liver tissue for medical research Till date the startup has raised 92 million 6775 crore from investors like 500 startups 021 Capital Indian Angel Network and Binny BansalBugworks ResearchFounded by Anand Anandkumar in 2014 Bugworks Research is a drug discovery startup that is designing antibiotics that can fight the superbugs which are immune to our traditional drugs To date this biopharma startup has raised 165 million 1215 crore from University of Tokyo Edge Capital Global Brain Corporation and Aquipharma HoldingsZumutor BiologicsFounded by Kavitha Iyer Rodrigues in 2013 Zumutor Biologics is one of the leading immuneoncology startups that help in treating cancer by targeting the bodys immune system To date it has raised 416 million 3064 crore from Accel Chiratae Ventures Bharat Innovation FundVyome TherapeuticsFounded by Shiladitya Sengupta Venkateswarlu Nelabhotla in 2010 Vyome Therapeutics is focused on treating inflammatory diseases like acne using its innovative nextgeneration therapeutic solutions It has raised 483 million 3557 crore from Iron Pillar Sabre Partners and Aarin CapitalFarcast BiosciencesFounded by Pradip K Majumder Mallikarjun Sundaram in 2010 Farcast Biosciences was formely known as Mitra Biotech The startup has developed its flagship platform called CANScript which helps oncologists to identify which drug will be most effective for their patients They have raised 76 million 560 crore from Northpond Ventures Tata Capital AccelMedGenomeFounded by Sam Santhosh in 2013 MedGenome is a biotech startup that offers genomebased diagnostics and research solutions It uses DNA sequencing to help pharmaceutical companies develop personalised medicines for diseases like Cancer Diabetes and other rare diseases To date MedGenome has raised 119 million 8764 crore from investors like LeapFrog Investments Sequoia Capital and Zodius CapitalThese biotechnology startups are working at a speed of light to reach the sky heights by expanding their network The advent of digitization artificial intelligence has advanced the way science can deal with health issues Lets hope that in future more innovation discoveries and development will be carried out in the biotech industry in order to advance the healthcare system worldwide.

Dr. B. Lal Institute of Biotech

Dr. B. Lal Institute of Biotech

@ executive | Posted 05 May, 2021 | Education