GeneTech

Hyderabad, India Founded: 1998 • Age: 28 yrs
Biomedical genetics, prenatal, and avian genetic testing services are provided.
Annual revenue $794,604 Latest available
Total funding $364,878 1 rounds
Employees 19 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About GeneTech

GeneTech is a company based in Hyderabad (India) founded in 1998 by Anuradha Udumudi. It operates as a Professional Services. GeneTech has raised $364.88 thousand across 1 funding round from investors including Venture Finance and Srinivasa Rao Alluri. The company has 19 employees as of April 07, 2024. GeneTech offers products and services including Genetic Testing, Prenatal Screening, and Newborn Screening. GeneTech operates in a competitive market with competitors including Viome, Invitae, Color, Everlywell and Novogene Corporation, among others.

  • Headquarter Hyderabad, India
  • Employees 19 as on 07 Apr, 2024
  • Founders Anuradha Udumudi
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Ats Genetech Private Limited
  • Date of Incorporation 01 Jul, 1998
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $794.6 K (USD)
    89.15
    as on Mar 31, 2023
  • Net Profit
    -$34.48 K (USD)
    80.09
    as on Mar 31, 2023
  • EBITDA
    $108.44 K (USD)
    215.68
    as on Mar 31, 2023
  • Total Equity Funding
    $364.88 K (USD)

    in 1 rounds

  • Latest Funding Round
    $364.88 K (USD), Unspecified

    Aug 06, 2018

  • Investors
  • Employee Count
    19

    as on Apr 07, 2024

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Products & Services of GeneTech

GeneTech offers a comprehensive portfolio of products and services, including Genetic Testing, Prenatal Screening, and Newborn Screening.

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Primary

Genetic testing services are provided for various diseases.

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Prenatal screening tests are offered for fetal defects.

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Newborn screening tests are conducted for genetic disorders.

Funding Insights of GeneTech

GeneTech has successfully raised a total of $364.88K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $364.88 thousand completed in August 2018. 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 GeneTech

GeneTech has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include Venture Finance and Srinivasa Rao Alluri.

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Institutional
Angel
Investor Description Founded Year Domain Location
Provider of banking, finance, and insurance services
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Srinivasa Rao Alluri

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Investor details for GeneTech

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by GeneTech

Investments
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Investment portfolio details for GeneTech

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Financial Statements - GeneTech

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Detailed financials for GeneTech

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  • Profit trends
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Genetech Comparisons

GeneTech Primary company
Description
Biomedical genetics, prenatal, and avian genetic testing ser...
Location
Hyderabad, India
Founded Year
1998
Annual Revenue
$794.6 K (USD)
Net Profit
-$34.48 K (USD)
EBITDA
$108.44 K (USD)
Employees
19
As of 2024
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Peer comparison for GeneTech

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Competitors of GeneTech

GeneTech 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 Viome, Invitae, Color, Everlywell and Novogene Corporation, among others.

Company Name Domain Founded year HQ Location Description
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Machine learning-based bioinformatics solutions for health insights are provided.
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Home-based genetic tests for detecting diseases are provided to individuals.
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Cancer care is delivered through a virtual clinic by Color.
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At-home health tests for biomarkers, nutrition, and hormone analysis.
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Genomic services and solutions with NGS expertise are provided.
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Personalized therapeutics are developed using genomic data for rare diseases.
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Detailed competitors of GeneTech

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Latest news on Genetech

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Complete news archive for GeneTech

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Frequently Asked Questions about GeneTech

GeneTech was founded in 1998 and raised its 1st funding round 20 years after it was founded.

GeneTech is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Anuradha Udumudi is the current CEO of GeneTech. They have also founded this company.

GeneTech is a funded company, having raised a total of $364.88K across 1 funding round to date.

As of Apr 07, 2024, the latest employee count at GeneTech is 19.

Annual revenue of GeneTech is $794.6K as on Mar 31, 2023.

GeneTech is established as a premier genetics testing laboratory in India, offering a comprehensive range of over 700 tests covering thousands of diseases. Services are provided in areas such as NGS, MicroArray, Molecular, Chromosomal, and Biochemical Genetics. The company is trusted for prenatal and neonatal diagnostics, utilizing cutting-edge technology to ensure reliable results. Operations are conducted across India, with a focus on affordability and specificity in diagnostic solutions for various medical needs.

GeneTech's top competitors include Viome, Novogene Corporation and Variant Bio.

GeneTech offers Genetic Testing, Prenatal Screening, and Newborn Screening.

GeneTech has 2 investors. Key investors include Venture Finance, and Srinivasa Rao Alluri.

The valuation of GeneTech is $1.82M as of Aug 2018.

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