About Blod
Blod is a Healthcare company based in Chennai (India) founded in 2021 by Adithya Vikram and Varun Nair, and was acquired by Lytus in April 2025. Blood management is streamlined via a platform for healthcare organizations. 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. Blod was last valued at $1.07 million in August 2023. Its chief executive, as recorded, is Varun Nair. Its Indian entity Blodin Private Limited reported revenue of ₹27.2 Lakh. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include Strides Software and IDONATE; 1 of its 2 listed competitors has raised funding.
Company details
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.
- Headquarters Chennai, India
- Employees 1
- Founders Adithya Vikram, Varun Nair
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website blod.in
- Social LinkedIn X
- Acquired by Lytus (Apr 2025)
- Legal Name Blodin Private Limited
- Date of Incorporation 18 May, 2022
- Jurisdiction Chennai, Tamil Nadu, India
Associated legal entities of Blod
Blod operates through Blodin Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Blodin Private Limited CIN U72900TN2022PTC152304 | Active | 18 May 2022 | Chennai, Tamil Nadu | ₹0.3 Cr | 3 | View details |
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 $114,487
- Total Rounds 2
- Last Round Seed — $60,423
- First Round $54,064
(Dec 2022)
- Investors Count 13
All 2 funding rounds of Blod with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2023 | $60,423 | Seed | $1.07M | Ideas to Impacts | |
| Dec 2022 | $54,064 | Seed | $1.02M | Shyam Siddarth, Praveen Krishna |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2023 | $1.07M | •••••••• |
| Dec 2022 | $1.02M | •••••••• |
Last known valuation $1.07M (Aug 2023). 14 investors in total: 3 institutional and 11 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides ERP software for grant accounting and project consulting services to institutions. | 2010 | sthiraits.com | Bengaluru, India | |
SS Samitshankar Shetty | unknown_5e0e13af0fac42cba | |||
SS Shyam Siddarth | Angel investor and entrepreneur, focused on tech startups in India. | unknown_4704bf502b4c4c468 | ||
PK Praveen Krishna | Angel investor and entrepreneur, focused on tech startups in India. | unknown_5a52cdb653ae485c8 | ||
PR Prabhu Rangarajan | Co-founder of M2P Fintech, active angel investor in Indian startups | unknown_3ba0bd5a663445019 | ||
MK Mohan K | unknown_3ce903a3d4ec4e2db | |||
VP Vijay Pravin | Founder of bitsCrunch, AI-driven blockchain analytics, active angel investor in tech startups | unknown_bf09cf2f76c948dca | ||
AV Ashok Vardharajan | unknown_e2402600768048008 | |||
SR Savitha Ramasamy | unknown_165087fc8e794cb1b | |||
KS Karthick Sivaram | unknown_af427a286e3d4ca7b |
Investor details for Blod
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Blodin Private Limited (Blod)
Blodin Private Limited is the primary company behind Blod. The board of Blodin Private Limited currently have 3 directors; the longest-serving is Shreyas Niranjan Shah, appointed in 2024. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shreyas Niranjan Shah DIN 09061186 | Additional Director | 05 Dec 2024 | 1 yr 10 mo | Blodin Private Limited |
| Hanish Dinesh Talsania DIN 10864878 | Additional Director | 05 Dec 2024 | 1 yr 10 mo | Blodin Private Limited |
| Nimish Gulabrai Pandya DIN 00326966 | Additional Director | 18 Sep 2025 | 1 yr 1 mo | Blodin Private Limited |
People of Blod
2 people are tracked at Blod (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Adithya Vikram | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for Blod
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Blod
Figures of Blodin Private Limited, the primary company behind Blod, for FY 2024. Revenue was ₹27.2 Lakh (+454% year on year). Net loss was -₹93.7 Lakh (-345% margin). EBITDA was -₹92.7 Lakh (-341% margin).
- ₹27.2 LakhRevenue · FY 2024 · +454% YoY
- -₹93.7 LakhNet loss · -345% margin
- -₹92.7 LakhEBITDA · -341% margin
- ₹11,700Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Blodin Private Limited are on its company page.
Detailed financial statements for Blod
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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Verified entity values are shown only after access is granted.
Timeline of Blod
5 dated milestones of Blod across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Blod is founded.
- Funding First funding round of $54K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $60K.
- Exit Acquired by Lytus.
Competitors of Blod
Blod has 2 listed competitors in our database, 1 of them funded. They include Strides Software and IDONATE.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stridessoftware.com | 2010 | Aurangabad, India | $300,000 | 27 | Software solutions for tissue banking operations are provided. | |
| idonate.org.in | 2012 | Guntur, India | Non-profit NGO focused on blood donation, tribal care, and youth empowerment in India. |
Detailed competitors of Blod
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- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Blod
The website of Blod (blod.in) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 42.4% vs previous month
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Related news about Blod
Complete news archive for Blod
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- Full article archive
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Frequently Asked Questions about Blod
Blod was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Blod is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Varun Nair is the CEO of Blod, as recorded in our data. They have also founded this 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 2022.
Blod has 1 employees.
The primary company behind Blod, Blodin Private Limited, reported revenue of ₹27.2 Lakh for FY 2024, up 454% year on year.
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.
Blod's top competitors include Strides Software and IDONATE.
Blod has 14 investors. Key investors include Lytus, Ideas to Impacts, Samitshankar Shetty, Shyam Siddarth, and Praveen Krishna.
The valuation of Blod is $1.07M as of Aug 2023.
Blod operates through Blodin Private Limited.
Yes. Blod was acquired by Lytus in April 2025.