About Cytespace Research
Cytespace Research is a Healthcare company based in Bengaluru (India) founded in 2011. Site-solutions organization offering its services in India, Africa and Singapore. Cytespace Research has raised $4.7 million across 4 funding rounds from investors including Jacesa Investments, Antelope Summit Investments and Bhavesh Acharya. The company has 1 employees. Cytespace Research was last valued at $11.22 million in May 2013. Its Indian entity Cytespace Research Private Limited reported revenue of ₹93 Lakh. Cytespace Research offers products and services including Site Solutions, Biometric Solutions, Clinical Data Management, and Biostatistics. Its focus areas include Biopharma Outsourcing, CRO, Clinical Development and Functional Services.
Company details
Cytespace Research offers a range of site-related services to bio-pharmaceutical sponsors and CROs. They partner with networks of hospitals, doctors, and patients, create scalable technology platforms to access clinical research sites and patient networks in emerging markets, and deploy best-in-class clinical research site solutions for the conduct of efficient, predictable, auditable and ethical clinical trials. They offer trial solutions such as feasibility studies, regulatory services, supply chain solutions, and site solutions such as site start-up, trial management, patient recruitment and retention.
- Headquarters Bengaluru, India
- Employees 1
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website cytespace.com
- Social LinkedIn
- Legal Name Cytespace Research Private Limited
- Date of Incorporation 11 Mar, 2011
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹93 Lakh
FY 2025 · -34% YoY
- Net Loss-₹1.92 Cr
FY 2025 · -207% margin
- EBITDA-₹1.90 Cr
FY 2025 · -205% margin
- Total Equity Funding$4.7M (USD)
in 4 rounds
- Latest Funding Round$1.49M (USD), Series A
May 2013
- InvestorsJacesa Investments
& 9 more
- Employee Count1
Associated legal entities of Cytespace Research
Cytespace Research operates through Cytespace Research Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cytespace Research Private Limited CIN U73100GJ2011PTC064350 | Active | 11 Mar 2011 | Ahmedabad, Gujarat | ₹0.9 Cr | 1 | 6 | View details |
Products & Services of Cytespace Research
Cytespace Research offers a comprehensive portfolio of products and services, including Site Solutions, Biometric Solutions, Clinical Data Management, and Biostatistics.
Platform for efficient clinical trial site management and recruitment.
Services for EDC and verifiable clinical data processing.
Tools for managing and analyzing clinical trial data securely.
Statistical programming and analysis for clinical research studies.
Funding Insights of Cytespace Research
Cytespace Research has successfully raised a total of $4.7M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.49 million completed in May 2013. 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 $4.7M
- Total Rounds 4
- Last Round Series A — $1.49M
- First Round $1.02M
(Sep 2011)
- Investors Count 10
All 4 funding rounds of Cytespace Research 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 |
|---|---|---|---|---|---|
| May 2013 | $1.49M | Series A | $11.22M | Jacesa Investments | – |
| Oct 2012 | $1.64M | Series A | $9.34M | Antelope Summit Investments | |
| May 2012 | $550,914 | Seed | $••••• | Antelope Summit Investments | |
| Sep 2011 | $1.02M | Seed | $••••• | Endeavour Financial, Oppel Greeff |
| Date | Valuation | Stage |
|---|---|---|
| May 2013 | $11.22M | •••••••• |
| Oct 2012 | $9.34M | •••••••• |
| May 2012 | $••••• | •••••••• |
| Sep 2011 | $••••• | •••••••• |
Full valuation and stage history of Cytespace Research
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $11.22M (May 2013). 10 investors in total: 3 institutional and 7 angel.
Investors in Cytespace Research
Cytespace Research has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Jacesa Investments, Antelope Summit Investments and Bhavesh Acharya.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage investments are targeted by Jacesa Investments venture capital firm. | jacesainvestments.tcc.mode | Zug, Switzerland | ||
Venture capital is provided to tech startups by the fund. | antelopesummitinvestments.tcc.mode | Road Town, British Virgin Islands | ||
Middle-market investment banking services are focused on the mining sector. | endeavourfinancial.com | London, United Kingdom | ||
BA Bhavesh Acharya | Angel investor and entrepreneur, focused on early-stage Indian startups. | unknown_43be5ffa69b54600a | ||
OG Oppel Greeff | unknown_0c77dcc0504f4d6e8 | |||
VS Vikas Shah | unknown_68e5a7927d8e4c47b | |||
KJ Koranchath Jayashankar | unknown_544b2cb7458646b6b | |||
NM Narges Mahaluxmivala | unknown_b30129e27a0f4892a | |||
FE Ferzaan Engineer | Co-founder of Cytecare Hospitals, angel investor in healthcare and tech startups | unknown_4bb7f36101e34d0b9 | ||
LP Lalit Pai | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_2f942dbe0b1c4e9fb |
Investor details for Cytespace Research
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Cytespace Research Private Limited (Cytespace Research)
Cytespace Research Private Limited is the primary company behind Cytespace Research. The board of Cytespace Research Private Limited currently have 6 directors; the longest-serving is Suresh Ramu, appointed in 2011. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suresh Ramu DIN 00240963 | Director | 11 Mar 2011 | 15 yrs 7 mo | Cytespace Research Private Limited |
| Himanshu Madhusudan Shah DIN 00025793 | Director | 11 Mar 2011 | 15 yrs 7 mo | Cytespace Research Private Limited |
| Gerardus Adrianus Hoogland DIN 06673807 | Director | 01 Nov 2013 | 12 yrs 11 mo | Cytespace Research Private Limited |
| Ferzaan Nariman Engineer DIN 00025758 | Director | 01 Apr 2014 | 12 yrs 6 mo | Cytespace Research Private Limited |
| Gillian Margaret Morrow Corken DIN 06940674 | Director | 01 Sep 2014 | 12 yrs 1 mo | Cytespace Research Private Limited |
| Oppel Bernhardt Wilhelm Greeff DIN 07252369 | Director | 03 Aug 2015 | 11 yrs 2 mo | Cytespace Research Private Limited |
People of Cytespace Research
5 people are tracked at Cytespace Research (3 in leadership, 2 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Bhavesh Acharya | COO | Leadership |
| Co-founder And CFO | Leadership | |
Rashim Sharma | Site Solution Executive | Team |
Gaurav Gupta | Site Solution Executive | Team |
Complete people profiles for Cytespace Research
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 Cytespace Research
Figures of Cytespace Research Private Limited, the primary company behind Cytespace Research, for FY 2025. Revenue was ₹93 Lakh (-34% year on year). Net loss was -₹1.92 Cr (-207% margin). EBITDA was -₹1.90 Cr (-205% margin). Revenue has grown at a compounded annual rate of -46% over three years and -44% over five years.
- ₹93 LakhRevenue · FY 2025 · -34% YoY
- -₹1.92 CrNet loss · -207% margin
- -₹1.90 CrEBITDA · -205% margin
- ₹4.3 LakhPaid-up capital
- 1Employees (provident fund records)
- -46%Revenue CAGR, 3 years
- -44%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cytespace Research Private Limited are on its company page.
Detailed financial statements for Cytespace Research
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Cytespace Research
4 dated milestones of Cytespace Research across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Cytespace Research is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.5M.
Top companies in Biopharma Outsourcing & Drug Delivery
3 companies that operate in the same segment as Cytespace Research (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of integrated contract research development and manufacturing services | 2007 | Bengaluru, Karnataka, India | USD 35.74 M | USD 226.38 M | 1,820 | |
Pharmaceutical and biotechnology company | 2005 | Hyderabad, Telangana, India | USD 229.73 M | USD 726.15 M | 12,470 | |
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 4,260 |
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Frequently Asked Questions about Cytespace Research
Cytespace Research was founded in 2011.
Cytespace Research is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Cytespace Research is a funded company, having raised a total of $4.7M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.02M, raised on Sep 2011.
Cytespace Research has 1 employees.
The primary company behind Cytespace Research, Cytespace Research Private Limited, reported revenue of ₹93 Lakh for FY 2025, down 34% year on year.
Cytespace Research offers a range of site-related services to bio-pharmaceutical sponsors and CROs. They partner with networks of hospitals, doctors, and patients, create scalable technology platforms to access clinical research sites and patient networks in emerging markets, and deploy best-in-class clinical research site solutions for the conduct of efficient, predictable, auditable and ethical clinical trials. They offer trial solutions such as feasibility studies, regulatory services, supply chain solutions, and site solutions such as site start-up, trial management, patient recruitment and retention.
Cytespace Research offers Site Solutions, Biometric Solutions, Clinical Data Management, and Biostatistics.
Cytespace Research has 10 investors. Key investors include Jacesa Investments, Antelope Summit Investments, Bhavesh Acharya, Endeavour Financial, and Oppel Greeff.
The valuation of Cytespace Research is $11.22M as of May 2013.
Cytespace Research operates through Cytespace Research Private Limited.
The legal entities of Cytespace Research currently have 6 directors, including Gerardus Adrianus Hoogland, Suresh Ramu, Ferzaan Nariman Engineer and others.