Biosense

Mumbai, India Founded: 2008 • Age: 18 yrs Acquired By Tulip Diagnostics
Diagnostic devices for multiple diseases are developed and provided.
Annual revenue $7.3M Latest available
Total funding $4.8M 17 rounds
Employees 64 Tracked headcount
Investors 26 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Biosense

Biosense is a company based in Mumbai (India) founded in 2008 by Darshan Hammanna Nayak was acquired by Tulip Diagnostics in November 2019. It operates as a HealthTech and Direct-to-Consumer (D2C). Biosense has raised $4.77 million across 17 funding rounds from investors including Prudent, Kae Capital and HHS. The company has 64 employees as of April 09, 2024. Biosense offers products and services including SYNC Glucometer, Uchek, and ToucHb. Biosense operates in a competitive market with competitors including Jana Care, i-SENS, Telcare, Beurer UK and EzeRx, among others.

  • Headquarter Mumbai, India
  • Employees 64 as on 09 Apr, 2024
  • Founders Darshan Hammanna Nayak
  • Stage Minicorn
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Biosense Technologies Private Limited
  • Date of Incorporation 05 Dec, 2008
  • Jurisdiction Thane, Maharashtra, India
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $7.34 M (USD)
    -39.29
    as on Mar 31, 2022
  • Net Profit
    -$397.92 K (USD)
    52.94
    as on Mar 31, 2022
  • EBITDA
    -$220.82 K (USD)
    -235.76
    as on Mar 31, 2022
  • Total Equity Funding
    $4.77 M (USD)

    in 17 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    Apr 11, 2018

  • Investors
    Prudent

    & 25 more

  • Employee Count
    64

    as on Apr 09, 2024

  • Acquired by
    Tulip Diagnostics

    (Nov 15, 2019)

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Products & Services of Biosense

Biosense offers a comprehensive portfolio of products and services, including SYNC Glucometer, Uchek, and ToucHb.

Product name locked
Category locked
Primary

A compact glucometer is designed for personal use.

Product name locked
Category locked
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A smartphone-based system is used for urine analysis.

Product name locked
Category locked
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A non-invasive device is used for anaemia screening.

Funding Insights of Biosense

Biosense has successfully raised a total of $4.77M across 17 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in April 2018. 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 Biosense

Biosense has secured backing from 26 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Prudent, Kae Capital and HHS.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments in social impact sectors such as agriculture, healthcare, and education in India.
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Sector agnostic startup incubator
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Provider of impact investment firm based in Singapore focused on investing in startups and early-stage social businesses
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Investor details for Biosense

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Biosense

Investments
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Investment portfolio details for Biosense

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Biosense

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Detailed financials for Biosense

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Biosense Comparisons

Biosense Primary company
Description
Diagnostic devices for multiple diseases are developed and p...
Location
Mumbai, India
Founded Year
2008
Annual Revenue
$7.34 M (USD)
Net Profit
-$397.92 K (USD)
EBITDA
-$220.82 K (USD)
Employees
64
As of 2024
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Peer comparison for Biosense

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Biosense

Biosense 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 Jana Care, i-SENS, Telcare, Beurer UK and EzeRx, among others.

Company Name Domain Founded year HQ Location Description
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Mobile-based diagnostics for diabetes prevention and management are provided.
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Blood glucose monitoring systems and clinical chemistry analyzers are developed.
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Diabetes is managed via cellular technology and social networking.
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Manufactures health devices, beauty tools, wellbeing products, and medical aids for consumers worldwide.
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Non-invasive IoT diagnostic devices are manufactured for accessible health screening.
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Provides blood glucose monitoring systems and diabetes care solutions worldwide.
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Detailed competitors of Biosense

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  • Domains and locations
  • Full company profiles
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Latest news on Biosense

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Complete news archive for Biosense

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Biosense

Biosense was founded in 2008.

Biosense is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Biosense is a funded company, having raised a total of $4.77M across 17 funding rounds to date.

As of Apr 09, 2024, the latest employee count at Biosense is 64.

Annual revenue of Biosense is $7.34M as on Mar 31, 2022.

Biosense is focused on creating technologically advanced, user-friendly medical devices for screening and managing health conditions. The company targets critical areas such as diabetes, anaemia, and malnutrition through products like SYNC Glucometer, Uchek, and ToucHb. Solutions are designed to reduce the burden on primary healthcare services while empowering users with real-time health management tools. Operations are centered in the healthcare sector, emphasizing diagnostic equipment for widespread conditions in India and beyond.

Biosense's top competitors include i-SENS, KRIYA and Telcare.

Biosense offers SYNC Glucometer, Uchek, and ToucHb.

Biosense has 26 investors. Key investors include Prudent, Kae Capital, HHS, Artha Venture Fund, and Tulip Diagnostics.

The valuation of Biosense is $5.65M as of Oct 2017.

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