About Bioneeds
Bioneeds is a company based in Bengaluru (India) founded in 2006 by Vinay Babu was acquired by Veeda Clinical Research in July 2021. Bioneeds has raised $3.73 million across 2 funding rounds from investors including Veeda Clinical Research, Veeda Lifesciences and Canbank VC. The company has 483 employees as of March 27, 2024. Bioneeds offers products and services including Preclinical Drug Development, Biopharmaceutical Testing, Agrochemical Services, REACH Testing, and Clinical Research. Bioneeds operates in a competitive market with competitors including Evotec, Crown Bioscience, Alloy Therapeutics, Domainex and NIH, among others.
- Headquarter Bengaluru, India
- Employees 483 as on 27 Mar, 2024
- Founders Vinay Babu
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Bioneeds India Pvt. Ltd.
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$8.71 M (USD)-11.6as on Mar 31, 2021
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Net Profit
-$407.43 K (USD)-132.98as on Mar 31, 2021
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EBITDA
$1.24 M (USD)-54.07as on Mar 31, 2021
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Total Equity Funding
$3.73 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Veeda Clinical Research
& 2 more
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Employee Count
483
as on Mar 27, 2024
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Acquired by
Veeda Clinical Research
(Jul 16, 2021)
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Products & Services of Bioneeds
Bioneeds offers a comprehensive portfolio of products and services, including Preclinical Drug Development, Biopharmaceutical Testing, Agrochemical Services, REACH Testing, and Clinical Research.
Provides IND and NDA enabling studies for pharmaceutical development.
Offers characterization and testing for biopharmaceutical development.
Handles active ingredients and final products for regulatory compliance.
Conducts registration, evaluation, and restriction tests for chemicals.
Supports integrated research from discovery to clinical stages.
People of Bioneeds
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Funding Insights of Bioneeds
Bioneeds has successfully raised a total of $3.73M across 2 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 Bioneeds
Bioneeds has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Veeda Clinical Research, Veeda Lifesciences and Canbank VC.
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Venture capital investments are managed for promising startups.
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Provider of end-to-end CRO solutions for bio pharmaceutical companies
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Drug development services encompassing clinical trials, bioanalytical support, and real-world evidence in healthcare.
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Investor details for Bioneeds
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Investments & Acquisitions by Bioneeds
Investment portfolio details for Bioneeds
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Financial Statements - Bioneeds
Detailed financials for Bioneeds
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Bioneeds Comparisons
Peer comparison for Bioneeds
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Competitors of Bioneeds
Bioneeds 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 Evotec, Crown Bioscience, Alloy Therapeutics, Domainex and NIH, among others.
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Drug discovery and development services are provided to biopharma sector.
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Cancer and CVMD drugs are developed using PDX models.
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Drug discovery services are provided for therapeutic development.
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Drug discovery CRO company for epigenetic research and inflammatory diseases
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Drug discovery services are provided to the biopharma sector.
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Drug discovery and development research services are provided.
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Detailed competitors of Bioneeds
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Latest news on Bioneeds
Complete news archive for Bioneeds
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Frequently Asked Questions about Bioneeds
Bioneeds was founded in 2006 and raised its 1st funding round 9 years after it was founded.
Bioneeds is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Bioneeds is a funded company, having raised a total of $3.73M across 2 funding rounds to date.
As of Mar 27, 2024, the latest employee count at Bioneeds is 483.
Annual revenue of Bioneeds is $8.71M as on Mar 31, 2021.
Bioneeds was founded in 2006 in Bengaluru, India, as a GLP-certified contract research organization focused on pre-clinical services. Regulatory testing is conducted across sectors including pharmaceuticals, biopharmaceuticals, agrochemicals, industrial chemicals, medical devices, herbals, and nutraceuticals. Offerings encompass GLP toxicology studies, immunogenicity and PK assays, eco-toxicology, phys-chem analysis, and various toxicity evaluations such as cytotoxicity, sensitization, and implantation testing. Operations are centered in India to support global regulatory compliance.
Bioneeds's top competitors include Evotec, Crown Bioscience and NIH.
Bioneeds offers Preclinical Drug Development, Biopharmaceutical Testing, Agrochemical Services, REACH Testing, and Clinical Research.
Bioneeds has 3 investors. Key investors include Veeda Clinical Research, Veeda Lifesciences, and Canbank VC.
The valuation of Bioneeds is $13.31M as of Dec 2015.