Blod

Chennai, India Founded: 2021 • Age: 5 yrs Acquired By Lytus
Blood management is streamlined via a platform for healthcare organizations.
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About Blod

Blod is a company based in Chennai (India) founded in 2021 by Adithya Vikram and Varun Nair was acquired by Lytus in April 2025.. Blod has raised $114.49 thousand across 2 funding rounds from investors including Lytus, Ideas to Impacts and Samitshankar Shetty. The company has 1 employees as of April 05, 2024. Blod operates in a competitive market with competitors including Strides Software, LifeBank, Bloodbuy, IDONATE and Sigma Blood, among others.

  • Headquarter Chennai, India
  • Employees 1 as on 05 Apr, 2024
  • Founders Adithya Vikram, Varun Nair
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Blodin Private Limited
  • Date of Incorporation 18 May, 2022
  • Jurisdiction Chennai City Corporation, Tamil Nadu, India
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $114.49 K (USD)

    in 2 rounds

  • Latest Funding Round
    $60.42 K (USD), Seed

    Aug 08, 2023

  • Investors
    Lytus

    & 13 more

  • Employee Count
    1

    as on Apr 05, 2024

  • Acquired by
    Lytus

    (Apr 30, 2025)

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Funding Insights of Blod

Blod has successfully raised a total of $114.49K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $60.42 thousand completed in August 2023. 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
  • Total Rounds 2
  • Last Round Seed — $60,423
  • First Round

    (02 Dec 2022)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2023 Amount Seed - Blod Valuation Ideas to Impacts
Dec, 2022 Amount Seed - Blod Valuation Shyam Siddarth , Praveen Krishna
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Blod

Blod has secured backing from 14 investors, including angel and institutional investors. Prominent investors backing the company include Lytus, Ideas to Impacts and Samitshankar Shetty. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Provides ERP software for grant accounting and project consulting services to institutions.
Founded Year Domain Location

Samitshankar Shetty

-
Founded Year Domain Location

Shyam Siddarth

Angel investor and entrepreneur, focused on tech startups in India.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Blod

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Blod

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Blod Comparisons

Employees
+
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Competitors of Blod

Blod 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 Strides Software, LifeBank, Bloodbuy, IDONATE and Sigma Blood, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Software solutions for tissue banking operations are provided.
domain founded_year HQ Location
Medical products for healthcare are procured through an online platform.
domain founded_year HQ Location
Hospitals and blood centers are connected through a cloud-based platform.
domain founded_year HQ Location
Non-profit NGO focused on blood donation, tribal care, and youth empowerment in India.
domain founded_year HQ Location
Online blood bank management system for healthcare organizations
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Blod

Frequently Asked Questions about Blod

When was Blod founded?

Blod was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Blod located?

Blod is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Who is the current CEO of Blod?

Varun Nair is the current CEO of Blod. They have also founded this company.

Is Blod a funded company?

Blod is a funded company, having raised a total of $114.49K across 2 funding rounds to date. The company's 1st funding round was a Seed of $54.06K, raised on Dec 02, 2022.

How many employees does Blod have?

As of Apr 05, 2024, the latest employee count at Blod is 1.

What does Blod do?

Blod was founded in 2021 in Chennai, India, within the healthcare technology sector. A platform is provided to track blood units, manage documentation, and ensure traceability during plasma fractionation processes. Operations connect hospitals, blood centers, and biopharmaceutical companies to facilitate efficient blood supply chain management across these entities.

Who are the top competitors of Blod?

Blod's top competitors include Strides Software, LifeBank and IDONATE.

Who are Blod's investors?

Blod has 14 investors. Key investors include Lytus, Ideas to Impacts, Samitshankar Shetty, Shyam Siddarth, and Praveen Krishna.

What is Blod's valuation?

The valuation of Blod is $1.07M as of Aug 2023.

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