Genesis Ingredients

Mumbai, India Founded: 2009 • Age: 17 yrs Minicorn
Pharmaceutical ingredients are manufactured by Genesis Ingredients in India.

About Genesis Ingredients

Genesis Ingredients is a Healthcare company based in Mumbai (India) founded in 2009 by Deepak Grover. Pharmaceutical ingredients are manufactured by Genesis Ingredients in India. Genesis Ingredients has raised $254.79 thousand across 3 funding rounds from investors including VANS Skilling & Advisory, Vans Investments and Sheel Oil & Fats. Genesis Ingredients was last valued at $4.14 million in October 2021. Its Indian entity Kriska Genesis Ingredients Private Limited reported revenue of β‚Ή94.1 Lakh. Its focus areas include Biopharma Outsourcing, CDMO, Small Molecules & Peptides and API Production. Its competitors include Laurus Labs, Symbiotec and SeQuent; 2 of its 3 listed competitors have raised funding.

Company details

Genesis Ingredients was established in 2009 in Mumbai, India, by Deepak Grover. Operations are centered on the production of pharmaceutical ingredients for the healthcare sector. Manufacturing processes are conducted in Mumbai, with a focus on essential components used in drug formulation. The company serves domestic and international markets through its specialized facilities, adhering to industry standards for quality and compliance.

Key Metrics
  • Annual Revenue
    ₹94.1 Lakh

    FY 2025 · +21% YoY

  • Net Loss
    -₹63.2 Lakh

    FY 2025 · -67% margin

  • EBITDA
    -₹29.4 Lakh

    FY 2025 · -31% margin

  • Total Equity Funding
    $254.79K (USD)

    in 3 rounds

  • Latest Funding Round
    $122.65K (USD), Seed

    Oct 2021

  • Investors

Funding Insights of Genesis Ingredients

Genesis Ingredients has successfully raised a total of $254.79K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $122.65 thousand completed in October 2021. 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 $254,792
  • Total Rounds 3
  • Last Round Seed β€” $122,647
  • First Round $89,065

    (Feb 2020)

  • Investors Count 26

All 3 funding rounds of Genesis Ingredients with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2021$122,647Seed$4.14MKarim Smadi
Mar 2021$43,080Seed$785,383Karim Smadi
Feb 2020$89,065Seed$β€’β€’β€’β€’β€’Simmarpal Singh
Valuation history
DateValuationStage
Oct 2021$4.14Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $4.14M (Oct 2021). 26 investors in total: 3 institutional and 23 angel.

Investors in Genesis Ingredients

Genesis Ingredients has secured backing from 26 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include VANS Skilling & Advisory, Vans Investments and Sheel Oil & Fats.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital fund investing in tech startups
2018vansinvestments.co.inMumbai, India
Oil processing products are supplied by Sheel Oil & Fats.
sheelchandgroup.com

Karim Smadi

unknown_a51a5468072344128

Richard Smith

Indian angel investor with focus on early-stage startups.
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Sanchit Agarwal

Angel investor, ex-Google, co-founder of TravelTriangle, active in Indian startup ecosystem
unknown_5b2295142d304ffeb

Sujan Sinha

unknown_f5a89cd777b24129b

Najah El Jamil

unknown_07f0b870930246168

Michael Cooke

unknown_e3422f4ae18b4e6e9

Meenu Ramesh Bhatia

unknown_dfd360f12d494df9a

Tarun Grover

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Investor details for Genesis Ingredients

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Board of directors of Kriska Genesis Ingredients Private Limited (Genesis Ingredients)

Kriska Genesis Ingredients Private Limited is the primary company behind Genesis Ingredients. The board of Kriska Genesis Ingredients Private Limited currently have 2 directors; the longest-serving is Jyoti Grover, appointed in 2017. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Jyoti Grover
DIN 07680960
Director24 Jun 20179 yrs 4 moKriska Genesis Ingredients Private Limited
Deepak Grover
DIN 05351053
Director24 Jun 20179 yrs 4 moKriska Genesis Ingredients Private Limited

People of Genesis Ingredients

1 people are tracked at Genesis Ingredients (1 in leadership).

NameRoleGroup
FounderLeadership
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Financials of Genesis Ingredients

Figures of Kriska Genesis Ingredients Private Limited, the primary company behind Genesis Ingredients, for FY 2025. Revenue was ₹94.1 Lakh (+21% year on year). Net loss was -₹63.2 Lakh (-67% margin). EBITDA was -₹29.4 Lakh (-31% margin). Revenue has grown at a compounded annual rate of +14% over three years and +15% over five years.

  • ₹94.1 LakhRevenue · FY 2025 · +21% YoY
  • -₹63.2 LakhNet loss · -67% margin
  • -₹29.4 LakhEBITDA · -31% margin
  • ₹1.3 LakhPaid-up capital
  • +14%Revenue CAGR, 3 years
  • +15%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Kriska Genesis Ingredients Private Limited are on its company page.

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Detailed financial statements for Genesis Ingredients

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Timeline of Genesis Ingredients

4 dated milestones of Genesis Ingredients across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Genesis Ingredients is founded.
  2. Funding First funding round of $89K.
  3. Funding Latest funding round, Seed, of $123K.
  4. Milestone Reaches Minicorn status.

Competitors of Genesis Ingredients

Genesis Ingredients has 3 listed competitors in our database, 2 of them funded. They include Laurus Labs, Symbiotec and SeQuent.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
lauruslabs.com2005Hyderabad, India$229.73M6,035
Pharmaceutical and biotechnology company
symbiotec.in2002Indore, India$61.01M1,822
Non-sterile steroid hormone-based APIs and intermediates are manufactured.
sequent.in2002Bengaluru, India
APIs are developed and manufactured for therapeutic areas.
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Detailed competitors of Genesis Ingredients

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Top companies in Biopharma Outsourcing & Drug Delivery

3 companies that operate in the same segment as Genesis Ingredients (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of integrated contract research development and manufacturing services
2007Bengaluru, Karnataka, IndiaUSD 35.74 MUSD 226.38 M2,062
Pharmaceutical and biotechnology company
2005Hyderabad, Telangana, IndiaUSD 229.73 MUSD 726.15 M12,470
India's leading healthcare products distribution platform
2018Mumbai, Maharashtra, IndiaUSD 59.67 MUSD 702.49 M557
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Related news about Genesis Ingredients

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Frequently Asked Questions about Genesis Ingredients

Genesis Ingredients was founded in 2009 and raised its 1st funding round 11 years after it was founded.

Genesis Ingredients is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Genesis Ingredients is a funded company, having raised a total of $254.79K across 3 funding rounds to date. The company's 1st funding round was a Seed of $89.07K, raised on Feb 2020.

The primary company behind Genesis Ingredients, Kriska Genesis Ingredients Private Limited, reported revenue of β‚Ή94.1 Lakh for FY 2025, up 21% year on year.

Genesis Ingredients was established in 2009 in Mumbai, India, by Deepak Grover. Operations are centered on the production of pharmaceutical ingredients for the healthcare sector. Manufacturing processes are conducted in Mumbai, with a focus on essential components used in drug formulation. The company serves domestic and international markets through its specialized facilities, adhering to industry standards for quality and compliance.

Genesis Ingredients's top competitors include Laurus Labs, Symbiotec and SeQuent.

Genesis Ingredients has 26 investors. Key investors include VANS Skilling & Advisory, Vans Investments, Sheel Oil & Fats, Karim Smadi, and Richard Smith.

The valuation of Genesis Ingredients is $4.14M as of Oct 2021.

Genesis Ingredients operates through Kriska Genesis Ingredients Private Limited.

The legal entities of Genesis Ingredients currently have 2 directors, including Jyoti Grover, Deepak Grover.

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