Ameliorate Biotech

Bengaluru, India Founded: 2015 • Age: 11 yrs
Developer of recombinant therapeutic proteins and diagnostic kits
Annual revenue $37,917 Latest available
Total funding $549,337 6 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Ameliorate Biotech

Ameliorate Biotech is a company based in Bengaluru (India) founded in 2015 by Binita Shrivastava Tunga and Rashbehari Tunga. Ameliorate Biotech has raised $549.34 thousand across 6 funding rounds from investors including LetsVenture, Padup Ventures and DERBI Foundation. Ameliorate Biotech operates in a competitive market with competitors including Avidity Biosciences, Univercells, Sutro Biopharma, Vividion Therapeutics and Straumann Group, among others.

  • Headquarter Bengaluru, India
  • Founders Binita Shrivastava Tunga, Rashbehari Tunga
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Ameliorate Biotech Private Limited
  • Date of Incorporation 20 Oct, 2015
  • Jurisdiction Off Kanakapura Road Tataguni, Karnataka, India
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $37.92 K (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    -$57.43 K (USD)
    21.27
    as on Mar 31, 2023
  • EBITDA
    -$90.68 K (USD)
    -30.66
    as on Mar 31, 2023
  • Total Equity Funding
    $549.34 K (USD)

    in 6 rounds

  • Latest Funding Round
    $128.28 K (USD), Seed

    Mar 19, 2021

  • Investors
    LetsVenture

    & 10 more

  • Employee Count
    Not available
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People of Ameliorate Biotech

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Rashbehari Tunga
Leader, Founder & CEO

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Teams

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Funding Insights of Ameliorate Biotech

Ameliorate Biotech has successfully raised a total of $549.34K across 6 strategic funding rounds. The most recent funding activity was a Seed round of $128.28 thousand completed in March 2021. 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 Ameliorate Biotech

Ameliorate Biotech has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LetsVenture, Padup Ventures and DERBI Foundation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Empowering tech startups through funding and support services.
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Support for innovation and entrepreneurship through incubation programs in Bangalore.
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Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
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Investor details for Ameliorate Biotech

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Investments & Acquisitions by Ameliorate Biotech

Investments
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Investment portfolio details for Ameliorate Biotech

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Financial Statements - Ameliorate Biotech

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Detailed financials for Ameliorate Biotech

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Ameliorate Biotech Comparisons

Ameliorate Biotech Primary company
Description
Developer of recombinant therapeutic proteins and diagnostic...
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
$37.92 K (USD)
Net Profit
-$57.43 K (USD)
EBITDA
-$90.68 K (USD)
Employees
Not available
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Peer comparison for Ameliorate Biotech

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Competitors of Ameliorate Biotech

Ameliorate Biotech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Avidity Biosciences, Univercells, Sutro Biopharma, Vividion Therapeutics and Straumann Group, among others.

Company Name Domain Founded year HQ Location Description
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Antibody-siRNA complexes are developed for cancer treatment.
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Biomanufacturing technologies are supplied for biopharma antibody and vaccine production.
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Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
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Developing novel drugs based on a proteome-wide ligand and target discovery platform
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Dental implants and regenerative dentistry products are developed.
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RNA-editing technologies are provided for precision medicine applications.
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Detailed competitors of Ameliorate Biotech

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Latest news on Ameliorate Biotech

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Complete news archive for Ameliorate Biotech

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Frequently Asked Questions about Ameliorate Biotech

Ameliorate Biotech was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Ameliorate Biotech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Rashbehari Tunga is the current CEO of Ameliorate Biotech. They have also founded this company.

Ameliorate Biotech is a funded company, having raised a total of $549.34K across 6 funding rounds to date.

Annual revenue of Ameliorate Biotech is $37.92K as on Mar 31, 2023.

Ameliorate Biotech was founded in 2015 in Bengaluru, India, within the biotechnology sector. Recombinant therapeutic proteins and diagnostic kits are produced using an antibiotic-free process. Biosimilar products are being developed to address treatments in oncology, autoimmune diseases, ophthalmology, and nephrology. Operations focus on advancing therapeutic solutions through recombinant technology.

Ameliorate Biotech's top competitors include Sutro Biopharma, Synthego and Avidity Biosciences.

Ameliorate Biotech has 11 investors. Key investors include LetsVenture, Padup Ventures, DERBI Foundation, Startup Karnataka, and SINE.

The valuation of Ameliorate Biotech is $1.65M as of Mar 2021.

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