Achira

Bengaluru, India Founded: 2009 • Age: 17 yrs
Provider of diagnostic medical devices for screening Covid 19
Annual revenue $452,134 Latest available
Total funding $10.0M 10 rounds
Employees 35 Tracked headcount
Investors 8 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Achira

Achira is a company based in Bengaluru (India) founded in 2009 by Suri Venkatachalam and Dhananjaya Dendukuri. Achira has raised $10 million across 10 funding rounds from investors including Cipla, Group Lifespring and Marti G Subrahmanyam. The company has 35 employees as of March 29, 2024. Achira offers products and services including ACIX and USelect.

  • Headquarter Bengaluru, India
  • Employees 35 as on 29 Mar, 2024
  • Founders Suri Venkatachalam, Dhananjaya Dendukuri
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Achira Labs Private Limited
  • Date of Incorporation 12 Nov, 2009
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $452.13 K (USD)
    -74.1
    as on Mar 31, 2023
  • Net Profit
    -$537.01 K (USD)
    -2276.3
    as on Mar 31, 2023
  • EBITDA
    -$605.89 K (USD)
    -1331.89
    as on Mar 31, 2023
  • Total Equity Funding
    $10 M (USD)

    in 10 rounds

  • Latest Funding Round
    Not available
  • Investors
    Cipla

    & 7 more

  • Employee Count
    35

    as on Mar 29, 2024

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Products & Services of Achira

Achira offers a comprehensive portfolio of products and services, including ACIX and USelect.

Product name locked
Category locked
Primary

ACIX is identified as a platform for point-of-care testing that employs microfluidics and hydrogel technology

Product name locked
Category locked
Locked

USelect is recognized as a product for assay development and manufacturing in the context of point-of-care solutions

People of Achira

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Dhananjaya Dendukuri
CEO & Co-founder

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Teams

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Funding Insights of Achira

Achira has successfully raised a total of $10M across 10 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Achira

Achira has secured backing from 8 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Cipla, Group Lifespring and Marti G Subrahmanyam.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Catamaran is engaged in venture capital and private equity investments.
Locked Locked Locked
APIs, generic drugs, and formulation services are manufactured.
Locked Locked Locked
The life science and healthcare division of the Nadathur Group, focusing on advanced solutions.
Locked Locked Locked
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Investor details for Achira

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Achira

Investments
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Investment portfolio details for Achira

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Financial Statements - Achira

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Detailed financials for Achira

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  • Profit trends
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Achira Comparisons

Achira Primary company
Description
Provider of diagnostic medical devices for screening Covid 1...
Location
Bengaluru, India
Founded Year
2009
Annual Revenue
$452.13 K (USD)
Net Profit
-$537.01 K (USD)
EBITDA
-$605.89 K (USD)
Employees
35
As of 2024
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Peer comparison for Achira

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Competitors of Achira

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Detailed competitors of Achira

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Latest news on Achira

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Complete news archive for Achira

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Frequently Asked Questions about Achira

Achira was founded in 2009.

Achira is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Dhananjaya Dendukuri is the current CEO of Achira. They have also founded this company.

Achira is a funded company, having raised a total of $10M across 10 funding rounds to date.

As of Mar 29, 2024, the latest employee count at Achira is 35.

Annual revenue of Achira is $452.13K as on Mar 31, 2023.

Provider of diagnostic medical devices for screening Covid 19. Platform combines disposable plastic components with embedded dry reagents and a cloud-connected fluorescent scanner, allowing for efficient testing at the point of care. Company developing fabric-based lateral flow assays that utilize woven materials for diagnostic testing.

Achira offers ACIX and USelect.

Achira has 8 investors. Key investors include Cipla, Group Lifespring, Marti G Subrahmanyam, Catamaran, and BIRAC.

The valuation of Achira is $3.53M as of Mar 2019.

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