BendFlex

Bengaluru, India Founded: 2015 • Age: 11 yrs
A medical device is developed to enhance IVF success rates.

About BendFlex

BendFlex is a Healthcare company based in Bengaluru (India) founded in 2015 by Santosh D B Bhargav and Ramnath Babu. A medical device is developed to enhance IVF success rates. It operates on a HealthTech and Direct-to-Consumer (D2C) model. Its Indian entity Bendflex Research And Development Private Limited reported revenue of β‚Ή10 Lakh. BendFlex offers products and services including Compliant Mechanism Kit, Bioreactors and Miniature Pumps, Micron, Micro-grippers, and CUTT. Its focus areas include Technology, Biotechnology and Medical Devices.

Company details

BendFlex is focused on the development of innovative devices using compliant mechanisms, which are monolithic and scalable with tunable stiffness. These mechanisms are applied across various sectors, including biotechnology and medical devices. Solutions provided include force sensors, bioreactors, micro-grippers, and tissue testing devices, catering to industries like In-Vitro Fertilization (IVF) and cell culture systems. The portfolio is built to address specific needs with portable, low-cost, and efficient tools.

Key Metrics
  • Annual Revenue
    ₹10 Lakh

    FY 2024

  • Net Profit
    ₹3.3 Lakh

    FY 2024 · 33% margin

  • EBITDA
    ₹3.4 Lakh

    FY 2024 · 34% margin

  • Latest Funding Round
    $76.11K (USD), Grant

    May 2017

  • Investors

Products & Services of BendFlex

BendFlex offers a comprehensive portfolio of products and services, including Compliant Mechanism Kit, Bioreactors and Miniature Pumps, Micron, Micro-grippers, and CUTT.

Compliant Mechanism Kit
Design Tools

Used to verify intuition of mechanism designers quickly.

Bioreactors and Miniature Pumps
Biotech Equipment

Designed for portable perfusion-based cell culture systems.

Micron
Force Sensors

Micro-newton sensor applied in diverse industry applications.

Micro-grippers
Biotech Tools

Utilized to immobilize and palpate biological cells effectively.

CUTT
Testing Devices

Portable tissue tester based on compliant mechanisms.

Forceps
Medical Tools

Clamp-based tweezers designed for precise handling tasks.

Funding Insights of BendFlex

  • Total Rounds 1
  • Last Round Grant β€” $76,109
  • First Round $76,109

    (May 2017)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2017$76,109Grant––
Valuation history

1 investors in total: 1 institutional.

Investors in BendFlex

BendFlex has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Startup Karnataka.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Support for startups in Karnataka is delivered through policies, funding, and networking services.
2004missionstartupkarnataka.orgBengaluru, India
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Investor details for BendFlex

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Board of directors of Bendflex Research And Development Private Limited (BendFlex)

Bendflex Research And Development Private Limited is the primary company behind BendFlex. The board of Bendflex Research And Development Private Limited currently have 2 directors; the longest-serving is Santosh Bhargav Dharmapuri Bhuvaraha Murthi, appointed in 2015. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Santosh Bhargav Dharmapuri Bhuvaraha Murthi
DIN 06996473
Director27 Feb 201511 yrs 7 moBendflex Research And Development Private Limited
Thoppaen Ramnath Babu Jothilingam
DIN 06996436
Director27 Feb 201511 yrs 7 moBendflex Research And Development Private Limited

People of BendFlex

2 people are tracked at BendFlex (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of BendFlex

Figures of Bendflex Research And Development Private Limited, the primary company behind BendFlex, for FY 2024. Revenue was ₹10 Lakh. Net profit was ₹3.3 Lakh (33% margin). EBITDA was ₹3.4 Lakh (34% margin). Revenue has grown at a compounded annual rate of -2% over three years and -10% over five years.

  • ₹10 LakhRevenue · FY 2024
  • ₹3.3 LakhNet profit · 33% margin
  • ₹3.4 LakhEBITDA · 34% margin
  • ₹1 LakhPaid-up capital
  • -2%Revenue CAGR, 3 years
  • -10%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Bendflex Research And Development Private Limited are on its company page.

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Detailed financial statements for BendFlex

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Timeline of BendFlex

2 dated milestones of BendFlex across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded BendFlex is founded.
  2. Funding First funding round of $76K.
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Related news about Bendflex

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Frequently Asked Questions about BendFlex

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

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

The primary company behind BendFlex, Bendflex Research And Development Private Limited, reported revenue of β‚Ή10 Lakh for FY 2024.

BendFlex is focused on the development of innovative devices using compliant mechanisms, which are monolithic and scalable with tunable stiffness. These mechanisms are applied across various sectors, including biotechnology and medical devices. Solutions provided include force sensors, bioreactors, micro-grippers, and tissue testing devices, catering to industries like In-Vitro Fertilization (IVF) and cell culture systems. The portfolio is built to address specific needs with portable, low-cost, and efficient tools.

BendFlex offers Compliant Mechanism Kit, Bioreactors and Miniature Pumps, Micron, Micro-grippers, and 2 more products and services.

BendFlex has 1 investor. Key investors include Startup Karnataka.

BendFlex operates through Bendflex Research And Development Private Limited.

The legal entities of BendFlex currently have 2 directors, including Santosh Bhargav Dharmapuri Bhuvaraha Murthi, Thoppaen Ramnath Babu Jothilingam.

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