About EFRAC
EFRAC is a company based in Kolkata (India) founded in 1921 by Balwinder Singh Bajwa was acquired by QIMA in August 2024. EFRAC has raised $5.62 million across 4 funding rounds from investors including Keventer, QIMA and DSK Legal. The company has 202 employees as of April 05, 2024. EFRAC offers products and services including Food Testing, Water Testing, and Drug Testing. EFRAC operates in a competitive market with competitors including Centivo, Access Healthcare, MultiPlan, Omega Healthcare and Light Wave Dental, among others.
- Headquarter Kolkata, India
- Employees 202 as on 05 Apr, 2024
- Founders Balwinder Singh Bajwa
- Stage Minicorn
-
Sectors
HealthcareBusiness Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Edward Food Research & Analysis Centre Limited
- Date of Incorporation 29 Aug, 1921
- Jurisdiction Kolkata, West Bengal, India
-
Annual Revenue
$3.61 M (USD)19.39as on Mar 31, 2023
-
Net Profit
$107 K (USD)122.56as on Mar 31, 2023
-
EBITDA
$1.3 M (USD)33.32as on Mar 31, 2023
-
Total Equity Funding
$5.62 M (USD)
in 4 rounds
-
Latest Funding Round
$2.77 M (USD), Private Equity Round
Jun 23, 2016
-
Investors
Keventer
& 7 more
-
Employee Count
202
as on Apr 05, 2024
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of EFRAC
EFRAC offers a comprehensive portfolio of products and services, including Food Testing, Water Testing, and Drug Testing.
Conducts analysis for food safety and nutritional content
Performs testing for water purity and contaminants
Analyzes pharmaceutical products for quality assurance
People of EFRAC
Unlock access to complete
Funding Insights of EFRAC
EFRAC has successfully raised a total of $5.62M across 4 strategic funding rounds. The most recent funding activity was a Private Equity Round of $2.77 million completed in June 2016. 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 EFRAC
EFRAC has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Keventer, QIMA and DSK Legal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Tech & Offline focused VC firm investing in geographies such as India
|
Locked | Locked | Locked | |
|
Trading stainless steel products with focus on domestic business in India.
|
Locked | Locked | Locked | |
|
Purchase and sale of securities and real estate services in India.
|
Locked | Locked | Locked |
Investor details for EFRAC
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by EFRAC
Investment portfolio details for EFRAC
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - EFRAC
Detailed financials for EFRAC
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Efrac Comparisons
Peer comparison for EFRAC
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of EFRAC
EFRAC 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 Centivo, Access Healthcare, MultiPlan, Omega Healthcare and Light Wave Dental, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of self funded health plan
|
|
| Locked | Locked | Locked |
Provider of revenue cycle management, BPO, IT, and finance and accounting services
|
|
| Locked | Locked | Locked |
Medical payment integrity and analytics services are provided by MultiPlan.
|
|
| Locked | Locked | Locked |
Healthcare outsourcing services are provided to various sectors.
|
|
| Locked | Locked | Locked |
Dental practice brokerage services are provided to facilitate transactions.
|
|
| Locked | Locked | Locked |
Software solutions for laboratory diagnostics are provided to healthcare.
|
Detailed competitors of EFRAC
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Efrac
Complete news archive for EFRAC
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about EFRAC
EFRAC was founded in 1921 and raised its 1st funding round 89 years after it was founded.
EFRAC is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Balwinder Singh Bajwa is the current CEO of EFRAC. They have also founded this company.
EFRAC is a funded company, having raised a total of $5.62M across 4 funding rounds to date.
As of Apr 05, 2024, the latest employee count at EFRAC is 202.
Annual revenue of EFRAC is $3.61M as on Mar 31, 2023.
EFRAC was founded in 1921 in Kolkata, India, and operates in the food and drug testing sector. Services encompass detection of heavy metals, mycotoxins, PAHs, PCBs, pesticide residues, synthetic dyes, and ethylene oxide. Pathogen testing covers Salmonella, EHEC, Listeria monocytogenes, and total plate count. Additional offerings include allergen detection for egg, milk proteins, gluten, nuts, and soy, along with food packaging safety assessments and training programs.
EFRAC's top competitors include Centivo, Access Healthcare and Rennova Health.
EFRAC offers Food Testing, Water Testing, and Drug Testing.
EFRAC has 8 investors. Key investors include Keventer, QIMA, DSK Legal, MKJ Enterprises, and Madanlal.
The valuation of EFRAC is $3.22M as of Mar 2013.