About Fermex
Fermex is an Industrial Goods & Manufacturing company based in Mohali (India) founded in 2016 by Vineet Gupta, Jaswinder Gondara, and Kashif Jameel. It manufactures fermenters and bioreactors for biotech, agriculture, and research applications. It operates on a B2B model in Industrial Goods & Manufacturing and Chemicals & Materials sectors. Its chief executive is Vineet Gupta. Its Indian entity Fermex Solutions Llp reported revenue of ₹10.18 Cr. Fermex offers products and services including Fermex BioFMA Series, Photobioreactor, and Solid State Fermenter. Its focus areas include Agriculture, Biofertilizer Production, Equipment Manufacturing and Fermenters. Its competitors include Unibio, MicrofluidX, Univercells Tech, Nirrin Technologies and Pow.Bio and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
Fermex Solutions LLP specializes in designing and producing fermenters and bioreactors for industries including pharmaceuticals, biotech, agriculture, and food processing. They provide innovative automation and software solutions for bioprocessing, serving clients such as universities and research institutions. Based in India, they offer equipment ranging from laboratory-scale to industrial systems, focusing on sustainability and efficiency in fermentation technology.
- Headquarters Mohali, India
- Employees 24
- Founders Vineet Gupta, Jaswinder Gondara, Kashif Jameel
- SectorsIndustrial Goods & ManufacturingChemicals & Materials
- Phone•••• ••••
- Website fermex.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Fermex Solutions Llp
- Date of Incorporation 14 Mar, 2016
- Jurisdiction Mohali, Punjab, India
- Annual Revenue₹10.18 Cr
FY 2023 · -9% YoY
- Net Profit₹65.1 Lakh
FY 2023 · 6% margin
- EBITDA₹60.9 Lakh
FY 2023 · 6% margin
- Employee Count24
Associated legal entities of Fermex
Fermex operates through Fermex Solutions Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fermex Solutions Llp CIN AAF-9268 | Active | 14 Mar 2016 | Mohali, Punjab | ₹10.2 Cr | 25 | 3 | View details |
Products & Services of Fermex
Fermex offers a comprehensive portfolio of products and services, including Fermex BioFMA Series, Photobioreactor, and Solid State Fermenter.
Laboratory-scale fermenters for pharmaceutical and biotech research
Systems for algae cultivation in research applications
Industrial fermenters for agriculture and waste management
Apps and channels of Fermex
its YouTube channel Fermex has 1.16K subscribers and 30 videos.
Videos from Fermex
The most watched videos on Fermex's YouTube channel, Fermex (1.16K subscribers). Click a video to play it here.
More on Fermex.
Board of directors of Fermex Solutions Llp (Fermex)
Fermex Solutions Llp is the primary company behind Fermex. The board of Fermex Solutions Llp currently have 3 directors; the longest-serving is Vineet Gupta, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vineet Gupta DIN 03073676 | Designated Partner | 14 Mar 2016 | 10 yrs 7 mo | Fermex Solutions Llp |
| Jaswinder Singh DIN 07448804 | Designated Partner | 14 Mar 2016 | 10 yrs 7 mo | Fermex Solutions Llp |
| Kashif Jameel DIN 07448876 | Designated Partner | 14 Mar 2016 | 10 yrs 7 mo | Fermex Solutions Llp |
People of Fermex
3 people are tracked at Fermex (3 in leadership); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
Jaswinder Gondara | Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Fermex
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Financials of Fermex
Figures of Fermex Solutions Llp, the primary company behind Fermex, for FY 2023. Revenue was ₹10.18 Cr (-9% year on year). Net profit was ₹65.1 Lakh (6% margin). EBITDA was ₹60.9 Lakh (6% margin). Revenue has grown at a compounded annual rate of +57% over three years and +54% over five years.
- ₹10.18 CrRevenue · FY 2023 · -9% YoY
- ₹65.1 LakhNet profit · 6% margin
- ₹60.9 LakhEBITDA · 6% margin
- 25Employees (provident fund records)
- +57%Revenue CAGR, 3 years
- +54%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fermex Solutions Llp are on its company page.
Detailed financial statements for Fermex
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Fermex
Fermex has 9 listed competitors in our database, 6 of them funded. They include Unibio, MicrofluidX, Univercells Tech, Nirrin Technologies and Pow.Bio, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| unibio.dk | 2001 | Odense, Denmark | $30M | 59 | Animal feed supplements are produced using proprietary fermentation technology. | |
| microfluidx.co.uk | 2018 | London, United Kingdom | $13.14M | 10 | MFX offers technology updates for the Cyto Engine product through its website. | |
| univercellstech.com | 2020 | Nivelles, Belgium | – | 74 | Intensified biomanufacturing technologies for viral production are developed and manufactured. | |
| nirrin.tech | 2018 | Billerica, United States | $4.82M | 17 | Developer of sensor and integration technologies for continuous control and bioprocess automation | |
| pow.bio | 2019 | Berkeley, United States | $9.5M | – | Intelligent fermentation services for industrial and synthetic biology are provided. | |
| caladan.bio | 2023 | Brooklyn, United States | $5.11M | – | Modular bioreactors are developed for biotechnology research applications. | |
| biozeen.com | 2005 | Bengaluru, India | – | 194 | Customized bioprocess equipment and automation solutions are provided for biopharmaceuticals. | |
| dab.bio | 2012 | Delft, Netherlands | $2.23M | – | Technology solutions for accelerated fermentation of renewable feedstocks are provided. | |
| brightpathlabs.com | 2019 | Santa Fe, United States | – | – | Spinning tube-in-tube continuous-flow reactors are developed for drug manufacturing. |
Detailed competitors of Fermex
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Top companies in Insect Farming Equipment
10 companies that operate in the same segment as Fermex (Insect Farming Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Climate risk management services focused on agriculture and businesses. | 2004 | Delhi, Delhi, India | – | USD 2.32 M | 95 | |
Beekeeping equipment, kits, and components are manufactured. | 1983 | Hackensack, New Jersey, United States | – | – | – | |
Tractor manufacturing and agricultural equipment services in India. | 1974 | Mohali, Punjab, India | – | – | – | |
Manufactures and supplies tractors and farm implements for agricultural use. | 1945 | Mumbai, Maharashtra, India | – | – | – | |
Multiple industries are served by the diversified conglomerate. | 1888 | Pune, Maharashtra, India | – | USD 4.03 M | 10 | |
Drone technology for mosquito control and agricultural applications in India. | 2019 | Hyderabad, Telangana, India | – | USD 654.12 K | 49 | |
Operates an online platform for manufacturing farm equipment. | 1969 | Hoshiarpur, Punjab, India | – | – | 1 | |
Hydroponics technology, AI-driven farming, and sustainable agriculture solutions in India and internationally. | 2017 | Bengaluru, Karnataka, India | – | USD 275.65 K | – | |
Manufacturing of pumps, motors, solar solutions, and electrical products in India. | 1981 | Rajkot, Gujarat, India | – | USD 107.69 M | 3,250 | |
Supplier of motion control and suspension solutions for various sectors worldwide. | 1987 | Pune, Maharashtra, India | – | USD 78.57 M | 320 |
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Related news about Fermex
Complete news archive for Fermex
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Frequently Asked Questions about Fermex
Fermex was founded in 2016.
Fermex is headquartered in Mohali, India. It is registered at Mohali, Punjab, India.
Vineet Gupta is the current CEO of Fermex. They have also founded this company.
Fermex has 24 employees.
The primary company behind Fermex, Fermex Solutions Llp, reported revenue of ₹10.18 Cr for FY 2023, down 9% year on year.
Fermex Solutions LLP specializes in designing and producing fermenters and bioreactors for industries including pharmaceuticals, biotech, agriculture, and food processing. They provide innovative automation and software solutions for bioprocessing, serving clients such as universities and research institutions. Based in India, they offer equipment ranging from laboratory-scale to industrial systems, focusing on sustainability and efficiency in fermentation technology.
Fermex's top competitors include Unibio, Univercells Tech and Nirrin Technologies.
Fermex offers Fermex BioFMA Series, Photobioreactor, and Solid State Fermenter.
Fermex operates through Fermex Solutions Llp.
The legal entities of Fermex currently have 3 directors, including Vineet Gupta, Jaswinder Singh, Kashif Jameel.