Devgen

Secunderabad, India Founded: 1997 • Age: 29 yrs Acquired By Syngenta
Hybrid field crop seeds are provided to farmers via biotechnology.
Annual revenue $88,974 Latest available
Total funding - 4 rounds
Employees 2 Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Devgen

Devgen is a company based in Secunderabad (India) founded in 1997 was acquired by Syngenta in December 2013. The company has 2 employees as of April 01, 2024. Devgen operates in a competitive market with competitors including Benson Hill, Cibus, Ceres, Pairwise and Inari, among others.

  • Headquarter Secunderabad, India
  • Employees 2 as on 01 Apr, 2024
  • Sectors
    Healthcare
    Agriculture
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Devgen Seeds And Crop Technology Private Limited
  • Date of Incorporation 28 Mar, 2007
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $88.97 K (USD)
    2.78
    as on Mar 31, 2023
  • Net Profit
    -$306.6 K (USD)
    -40.11
    as on Mar 31, 2023
  • EBITDA
    -$113.02 K (USD)
    1.05
    as on Mar 31, 2023
  • Latest Funding Round
    $50.77 K (USD), Grant

    Jan 01, 2021

  • Investors
    Syngenta

    & 9 more

  • Employee Count
    2

    as on Apr 01, 2024

  • Acquired by
    Syngenta

    (Dec 15, 2013)

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Funding Insights of Devgen

Investors in Devgen

Devgen has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Syngenta, KBC Bank & Verzekering and Gimv.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are directed by Capricorn Partners into European tech ventures.
Locked Locked Locked
Early stage venture capital firm investing in US
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Private equity firm focused on multiple sectors
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Investments & Acquisitions by Devgen

Investments
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Investment portfolio details for Devgen

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Financial Statements - Devgen

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Detailed financials for Devgen

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Devgen Comparisons

Devgen Primary company
Description
Hybrid field crop seeds are provided to farmers via biotechn...
Location
Secunderabad, India
Founded Year
1997
Annual Revenue
$88.97 K (USD)
Net Profit
-$306.6 K (USD)
EBITDA
-$113.02 K (USD)
Employees
2
As of 2024
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Peer comparison for Devgen

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Competitors of Devgen

Devgen 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 Benson Hill, Cibus, Ceres, Pairwise and Inari, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of plant-based food ingredients
Locked Locked Locked
Gene editing solutions are provided for agriculture.
Locked Locked Locked
Beers are produced and branded by Ceres in Italy.
Locked Locked Locked
New crop varieties are developed using gene-editing for agrigenomics.
Locked Locked Locked
Breeding technology is provided by Inari to design seeds.
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Production and distribution of GM and non-GMO seeds and other farm inputs
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Detailed competitors of Devgen

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Latest news on Devgen

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Complete news archive for Devgen

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Frequently Asked Questions about Devgen

Devgen was founded in 1997 and raised its 1st funding round 2 years after it was founded.

Devgen is headquartered in Secunderabad, India. It is registered at Secunderabad, Telangana, India.

Bipin Solanki is the current CEO of Devgen.

As of Apr 01, 2024, the latest employee count at Devgen is 2.

Annual revenue of Devgen is $88.97K as on Mar 31, 2023.

Devgen was founded in 1997 in Secunderabad, India, and operates in the agriculture sector. Hybrid seeds for field crops are developed using advanced biotechnology and molecular breeding techniques, with a focus on rice varieties. Nematicides are also produced to protect crops from parasitic nematodes. The product portfolio encompasses hybrid rice, sunflower, sorghum, pearl millet, and cotton seeds.

Devgen's top competitors include Benson Hill, Cibus and Inari.

Devgen has 10 investors. Key investors include Syngenta, KBC Bank & Verzekering, Gimv, European Union, and Abingworth.

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