Agappe

Ernakulam, India Founded: 1994 • Age: 32 yrs Minicorn
In-vitro diagnostic reagents and equipment are manufactured and distributed.

About Agappe

Agappe is a Healthcare company based in Ernakulam (India) founded in 1994. In-vitro diagnostic reagents and equipment are manufactured and distributed. Agappe has raised $7.83 million across 1 funding round from investors including Sycamore Partners and Konark Capital Partners. The company has 1,298 employees. Agappe was last valued at $33.77 million in May 2015. Its website agappe.com draws about 46 thousand monthly visits. Its Indian entity Agappe Diagnostics Limited reported revenue of β‚Ή521 Cr. Agappe offers products and services including Diagnostic Solutions. Its focus areas include Diversified Diagnostics and Tests.

Company details

Agappe was founded in 1994 in Ernakulam, India, and operates in the in-vitro diagnostics sector. Over 300 distributors support its presence across Asia, Africa, and America. Revenue reached Rs 93.5 crore in FY15. An equipment manufacturing unit is maintained, with another being established near Kochi. Products cover biochemistry, immunochemistry, serology, blood grouping, coagulation, hematology, system agents, urinalysis, and microbiology. Clinical laboratories, hospitals, and pathologists are served as primary customers.

  • Headquarters Ernakulam, India
  • Employees 1,298
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website agappe.com
  • Social LinkedIn Facebook
  • Legal Name Agappe Diagnostics Limited
  • Date of Incorporation 18 Jun, 1998
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹521 Cr

    FY 2025 · +17% YoY

  • Net Profit
    ₹31.28 Cr

    FY 2025 · 6% margin

  • EBITDA
    ₹73.51 Cr

    FY 2025 · 14% margin

  • Total Equity Funding
    $7.83M (USD)

    in 1 rounds

  • Latest Funding Round
    $7.83M (USD), Private Equity Round

    May 2015

  • Investors
  • Employee Count
    1,298

Products & Services of Agappe

Agappe offers a comprehensive portfolio of products and services, including Diagnostic Solutions.

Diagnostic Solutions
Medical Diagnostics

Offers tools and services for laboratory and hospital testing needs.

Funding Insights of Agappe

Agappe has successfully raised a total of $7.83M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $7.83 million completed in May 2015. 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.

  • Total Funding $7.83M
  • Total Rounds 1
  • Last Round Private Equity Round β€” $7.83M
  • First Round $7.83M

    (May 2015)

  • Investors Count 2

All 1 funding rounds of Agappe with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2015$7.83MPrivate Equity Round$33.77MKonark Capital Partners, Sycamore Partners
–
Valuation history
DateValuationStage
May 2015$33.77Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $33.77M (May 2015). 2 investors in total: 2 institutional.

Investors in Agappe

Agappe has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Sycamore Partners and Konark Capital Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investments are directed toward retail and consumer sectors.
2011sycamorepartners.comNew York, United States
Limited information is available on core activities.
konarkpartners.comEbene City, Mauritius
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Investor details for Agappe

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Board of directors of Agappe Diagnostics Limited (Agappe)

Agappe Diagnostics Limited is the primary company behind Agappe. The board of Agappe Diagnostics Limited currently have 9 directors; the longest-serving is Sangeeta Joseph, appointed in 2006. 18 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sangeeta Joseph
DIN 00684485
Whole-time director15 Dec 200619 yrs 10 moAgappe Diagnostics Limited
Meena Thomas
DIN 01665997
Whole-time director31 May 200719 yrs 5 moAgappe Diagnostics Limited
Thomas John
DIN 00138331
Managing Director01 Jun 201214 yrs 5 moAgappe Diagnostics Limited
Joseph John
DIN 07926271
Director26 Sep 20179 yrs 1 moAgappe Diagnostics Limited
Mary Baby Meleth
DIN 01882175
Whole-time director01 Jan 20215 yrs 10 moAgappe Diagnostics Limited
Rhema Elizabeth Thomas
DIN 09140518
Whole-time director10 May 20215 yrs 6 moAgappe Diagnostics Limited
Joseph Vadakkekara Antony
DIN 00181554
Director30 Jun 20215 yrs 4 moAgappe Diagnostics Limited
Thomas Jacob Kalappila
DIN 00812892
Director18 Apr 20224 yrs 6 moAgappe Diagnostics Limited
Damodaran Madhavi Vasudevan
DIN 02948429
Whole-time director06 Jun 20233 yrs 5 moAgappe Diagnostics Limited

People of Agappe

92 people are tracked at Agappe (19 in leadership, 73 in team); the tracked headcount is 1,298.

NameRoleGroup
Managing DirectorLeadership
Majesh Mammen
Zonal Sales HeadLeadership
Jiby Kuriakose
Business Unit HeadLeadership
Suryakanta Nanda
Associate Vice PresidentLeadership
Jaison Varghese
General Manager - Product Evaluation ReagentsLeadership
Saji Daniel Mathew
Vice President - Institutional BusinessLeadership
Sanjay Chhabra
Zonal Business Head(sales)Leadership
Bijoy C J
Associate Vice PresidentLeadership
Rajesh Kv
Zonal Sales HeadLeadership
Biju Philip
Vice President - SalesLeadership
Sreevisakh K L
Associate Vice PresidentLeadership
Vikram Tandon
Business Head (executive Vice President) - IndiaLeadership
Mohammed Salim Soudagar
Regional Business HeadLeadership
Bhaskar Malladi
Head - StrategyLeadership
Juby Jacob
Group General Manager Finance And AccountsLeadership
Vijay Kumar Nalla
Channel PartnerLeadership
Navin Chainani
Sr Vice President- Specialty DiagnosticsLeadership
Raj Kishore
Sales Head-north IndiaLeadership
Jayesh Kumar
Head - Digital Marketing CommunicationsLeadership
Dil Sabu
Zonal Service ManagerTeam

72 more people are available in the full profile.

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Complete people profiles for Agappe

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Financials of Agappe

Figures of Agappe Diagnostics Limited, the primary company behind Agappe, for FY 2025. Revenue was ₹521 Cr (+17% year on year). Net profit was ₹31.28 Cr (6% margin). EBITDA was ₹73.51 Cr (14% margin). Revenue has grown at a compounded annual rate of +6% over three years and +20% over five years.

  • ₹521 CrRevenue · FY 2025 · +17% YoY
  • ₹31.28 CrNet profit · 6% margin
  • ₹73.51 CrEBITDA · 14% margin
  • ₹6.13 CrPaid-up capital
  • 929Employees (provident fund records)
  • +6%Revenue CAGR, 3 years
  • +20%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Agappe Diagnostics Limited are on its company page.

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Detailed financial statements for Agappe

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Agappe

3 dated milestones of Agappe across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded Agappe is founded.
  2. Funding First funding round of $7.8M.
  3. Milestone Reaches Minicorn status.

Web traffic of Agappe

The website of Agappe (agappe.com) receives about 46.2K visits a month.

  • Monthly visits
    46.2K

    ▼ 0.6% vs previous month

Similar websites

Websites whose visitors overlap most with Agappe. Affinity shows how closely the audiences match.

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atlas-medical.com
100%
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medlabsgroup.com
97%
#670,332View details
tulipgroup.com
95%
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fortressdiagnostics.com
92%
#3,973,986View details
kimssunshine.co.in
kimssunshine.co.in
91%
#853,402–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Frequently Asked Questions about Agappe

Agappe was founded in 1994 and raised its 1st funding round 21 years after it was founded.

Agappe is headquartered in Ernakulam, India. It is registered at Ernakulam, Kerala, India.

Agappe is a funded company, having raised a total of $7.83M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $7.83M, raised on May 2015.

Agappe has 1,298 employees.

The primary company behind Agappe, Agappe Diagnostics Limited, reported revenue of β‚Ή521 Cr for FY 2025, up 17% year on year.

Agappe was founded in 1994 in Ernakulam, India, and operates in the in-vitro diagnostics sector. Over 300 distributors support its presence across Asia, Africa, and America. Revenue reached Rs 93.5 crore in FY15. An equipment manufacturing unit is maintained, with another being established near Kochi. Products cover biochemistry, immunochemistry, serology, blood grouping, coagulation, hematology, system agents, urinalysis, and microbiology. Clinical laboratories, hospitals, and pathologists are served as primary customers.

Agappe offers Diagnostic Solutions.

Agappe has 2 investors. Key investors include Sycamore Partners, and Konark Capital Partners.

The valuation of Agappe is $33.77M as of May 2015.

Agappe operates through Agappe Diagnostics Limited.

The legal entities of Agappe currently have 10 directors, including Mary Baby Meleth, Rhema Elizabeth Thomas, Meena Thomas and others.

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