TOP 10
MOST INNOVATIVE BIOTECH STARTUPS IN INDIA
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•Nov
23, 2020
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At the
moment, India’s biotechnology industry makes up just 3% of the world’s
biotechnology market but this number is expected to go up to 19% by 2025. Let’s
take a look at India’s top 10 innovative biotechnology startups that are making
India and the world a healthier place.
00:00
Introduction
01:20 #10
Xcode Life Sciences
02:05 #9
MapMyGenome
02:45 #8
Oncostem Diagnostics
03:37 #7 Sea6
Energy
04:41 #6
Pandorum Technologies
05:32 #5
Bugworks Research
06:32 #4
Zumutor Biologics
07:17 #3
Vyome Therapeutics
08:08 #2
Farcast Biosciences
09:11 #1
MedGenome #10 Xcode Life Sciences: Founded by Saleem Mohammed, Dr Abdur Rub and
Naru Narayanan in 2010, XCode Life Sciences 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 risks. #9 MapMyGenome: Founded by
Anu Acharya in 2013, MapMyGenome is a personal genomics startup that offers a
Genomepatri Immunity report which helps you understand your genetic make-up
while offering insights about your risk towards certain immune system diseases
as well as lifestyle diseases. #8 Oncostem Diagnostics: Founded by Manjiri
Bakre in 2011, Oncostem Diagnostics is a cancer treatment startup that offers
innovative prognostic and preventive solutions. Its flagship product CanAssist
Breast is a prognostic test for early-stage breast cancer patients. To date,
Oncostem Diagnostics has raised $7 million (Rs 51.5 crore) from Sequoia Capital
and Artiman Ventures. #7 Sea6 Energy: The company was founded by four 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 and that’s 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 and plant immunity and provide an alternative
source of energy. It has raised $8.9 million (Rs 65.5 crore) from investors
like Tata Capital and Biocon’s founder and CEO Kiran Mazumdar Shaw. #6 Pandorum
Technologies: Founded by Arun Chandru and Dr. Tuhin Bhowmick in 2011, Pandorum
Technologies is a biotech company that focuses on tissue engineering and
regenerative medicine. Back in 2015, it made the headlines when it became the
first Indian company to design and 3D print human liver tissue for medical
research. Till date, the startup has raised $9.2 million (Rs 67.75 crore) from
investors like 500 Startups, 021 Capital, Indian Angel Network and Binny
Bansal. #5 Bugworks Research: Founded 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 $16.5 million (Rs 121.5 crore) from University of
Tokyo Edge Capital, CARB-X, 3one4 Capital and Global Brain Corporation, and
Aquipharma Holdings. #4 Zumutor Biologics: Founded by Kavitha Iyer Rodrigues in
2013, Zumutor Biologics is one of the leading immune-oncology startups that
help in treating cancer by targeting the body’s immune system. To date, Zumutor
Biologics has raised $41.6 million (Rs 306.4 crore) from Accel, Aarin Capital,
Chiratae Ventures, and Bharat Innovation Fund. #3 Vyome Therapeutics: Founded
by Shiladitya Sengupta and Venkateswarlu Nelabhotla in 2010, Vyome Therapeutics
is focused on treating inflammatory diseases like acne using its innovative
next-generation therapeutic solutions. To date, Vyome Therapeutics has raised
$48.3 million (Rs 355.7 crore) from Iron Pillar, Sabre Partners, Kalaari
Capital and Aarin Capital. #2 Farcast Biosciences: Founded by Pradip K.
Majumder and Mallikarjun Sundaram in 2010, Farcast Biosciences was formerly
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 (Rs 560 crore) from Northpond
Ventures, Accel, Sequoia Capital, Sands Capital Ventures and TataCapital. #1
MedGenome: Founded by Sam Santhosh in 2013, MedGenome is a biotech startup that
offers genome-based diagnostics and research solutions. It uses DNA sequencing
to help pharmaceutical companies develop personalized medicines for diseases
like can cancer, diabetes and other rare diseases. To date, MedGenome has
raised $119 million (Rs 876.4 crore) from investors like LeapFrog Investments,
Sequoia Capital, InnoVen Capital and Zodius Capital. Follow Backstage with
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