About FortiGate
FortiGate is a company based in Bengaluru (India) founded in 2000 was acquired by Rallis in December 2010.. FortiGate has raised $7.56 million across 5 funding rounds from investors including Rallis, Nadathur and Department of Biotechnology. FortiGate operates in a competitive market with competitors including Benson Hill, Cibus, Pairwise, Ceres and Inari, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
HealthcareAgriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Metahelix Life Sciences Limited
- Date of Incorporation 11 Dec, 2000
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$47.76 M (USD)5.45as on Mar 31, 2019
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Net Profit
$3.34 M (USD)1.24as on Mar 31, 2019
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EBITDA
$4.55 M (USD)-9.58as on Mar 31, 2019
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Total Equity Funding
$7.56 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Rallis
& 3 more
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Employee Count
Employee Count
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Acquired by
Rallis
(Dec 09, 2010)
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Funding Insights of FortiGate
FortiGate has successfully raised a total of $7.56M across 5 strategic funding rounds. 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 Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(06 Aug 2006)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2012 | Amount | Grant - FortiGate | Valuation |
investors |
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| Nov, 2010 | Amount | Seed - FortiGate | Valuation |
investors |
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| Jul, 2009 | Amount | Seed - FortiGate | Valuation | Nadathur |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FortiGate
FortiGate has secured backing from 4 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Rallis, Nadathur and Department of Biotechnology. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments and philanthropy services offered by Nadathur Group.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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MS
Marthi Subramanyam |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by FortiGate
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FortiGate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fortigate Comparisons
Competitors of FortiGate
FortiGate 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, Pairwise, Ceres and Inari, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of plant-based food ingredients
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| domain | founded_year | HQ Location |
Gene editing solutions are provided for agriculture.
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| domain | founded_year | HQ Location |
New crop varieties are developed using gene-editing for agrigenomics.
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| domain | founded_year | HQ Location |
Beers are produced and branded by Ceres in Italy.
|
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| domain | founded_year | HQ Location |
Breeding technology is provided by Inari to design seeds.
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| domain | founded_year | HQ Location |
Production and distribution of GM and non-GMO seeds and other farm inputs
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fortigate
Frequently Asked Questions about FortiGate
When was FortiGate founded?
FortiGate was founded in 2000 and raised its 1st funding round 6 years after it was founded.
Where is FortiGate located?
FortiGate is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is FortiGate a funded company?
FortiGate is a funded company, having raised a total of $7.56M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.66M, raised on Aug 06, 2006.
What is the annual revenue of FortiGate?
Annual revenue of FortiGate is $47.76M as on Mar 31, 2019.
What does FortiGate do?
Detailed insights into FortiGates operations, sectors, or solutions are not provided on the website. No specific data regarding activities or offerings is available for review.
Who are the top competitors of FortiGate?
FortiGate's top competitors include Benson Hill, Cibus and Inari.
Who are FortiGate's investors?
What is FortiGate's valuation?
The valuation of FortiGate is $22.03M as of Nov 2010.