GeneTech

Hyderabad, India Founded: 1998 • Age: 28 yrs Minicorn
Biomedical genetics, prenatal, and avian genetic testing services are provided.

About GeneTech

GeneTech is a Healthcare company based in Hyderabad (India) founded in 1998 by Anuradha Udumudi. It operates as a biomedical genetics, prenatal, and avian genetic testing services are provided. It operates on a Professional Services model. The company has 19 employees. GeneTech was last valued at $1.82 million in August 2018. Its chief executive is Anuradha Udumudi. Its Indian entity Ats Genetech Private Limited reported revenue of β‚Ή8.52 Cr. GeneTech offers products and services including Genetic Testing, Prenatal Screening, and Newborn Screening. Its focus areas include Diagnostics and Genetic Testing. Its competitors include Viome, Invitae, Color, Everlywell and Novogene Corporation and 5 more; 9 of its 10 listed competitors have raised funding.

Company details

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.

  • Headquarters Hyderabad, India
  • Employees 19
  • Founders Anuradha Udumudi
  • Stage Minicorn
  • Sectors
    Healthcare
  • Website category Health · Biotechnology and Pharmaceuticals
  • Email
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  • Phone
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  • Website genetech.co.in
  • Social LinkedIn X Facebook Instagram
  • Legal Name Ats Genetech Private Limited
  • Date of Incorporation 01 Jul, 1998
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Annual Revenue
    ₹8.52 Cr

    FY 2024 · +29% YoY

  • Net Profit
    ₹65.9 Lakh

    FY 2024 · 8% margin

  • EBITDA
    ₹1.83 Cr

    FY 2024 · 21% margin

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

    Aug 2018

  • Investors
  • Employee Count
    19

Products & Services of GeneTech

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

Genetic Testing
Medical Diagnostics

Genetic testing services are provided for various diseases.

Prenatal Screening
Medical Diagnostics

Prenatal screening tests are offered for fetal defects.

Newborn Screening
Medical Diagnostics

Newborn screening tests are conducted for genetic disorders.

Funding Insights of GeneTech

  • Total Rounds 1
  • Last Round Unspecified β€” $364,878
  • First Round $364,878

    (Aug 2018)

  • Investors Count 2

All 1 funding rounds of GeneTech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2018$364,878Unspecified$1.82MVenture Finance
Valuation history
DateValuationStage
Aug 2018$1.82Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.82M (Aug 2018). 2 investors in total: 1 institutional and 1 angel.

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.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Provider of banking, finance, and insurance services
–venturefinance.co.inDelhi, India

Srinivasa Rao Alluri

-
–unknown_6f3dd1212b494a718-
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Investor details for GeneTech

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  • Round participation
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Board of directors of Ats Genetech Private Limited (GeneTech)

Ats Genetech Private Limited is the primary company behind GeneTech. The board of Ats Genetech Private Limited currently have 2 directors; the longest-serving is Veera Babu Srinivas Udumudi, appointed in 1998. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Veera Babu Srinivas Udumudi
DIN 00789221
Director01 Jul 199828 yrs 3 moAts Genetech Private Limited
Anuradha Udumudi
DIN 01906650
Director01 Jul 199828 yrs 3 moAts Genetech Private Limited

People of GeneTech

1 people are tracked at GeneTech (1 in leadership); the tracked headcount is 19.

NameRoleGroup
Founder & CEOLeadership
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Financials of GeneTech

Figures of Ats Genetech Private Limited, the primary company behind GeneTech, for FY 2024. Revenue was ₹8.52 Cr (+29% year on year). Net profit was ₹65.9 Lakh (8% margin). EBITDA was ₹1.83 Cr (21% margin). Revenue has grown at a compounded annual rate of +35% over three years and +20% over five years.

  • ₹8.52 CrRevenue · FY 2024 · +29% YoY
  • ₹65.9 LakhNet profit · 8% margin
  • ₹1.83 CrEBITDA · 21% margin
  • ₹15 LakhPaid-up capital
  • 19Employees (provident fund records)
  • +35%Revenue CAGR, 3 years
  • +20%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ats Genetech Private Limited are on its company page.

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Detailed financial statements for GeneTech

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  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

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Timeline of GeneTech

3 dated milestones of GeneTech across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded GeneTech is founded.
  2. Funding First funding round of $365K.
  3. Milestone Reaches Minicorn status.

Competitors of GeneTech

GeneTech has 10 listed competitors in our database, 9 of them funded. They include Viome, Invitae, Color, Everlywell and Novogene Corporation, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
viome.com2016Los Alamos, United States$301.57M136
Machine learning-based bioinformatics solutions for health insights are provided.
invitae.com2010San Francisco, United States$189.56M1,700
Home-based genetic tests for detecting diseases are provided to individuals.
color.com2013Burlingame, United States$491.44M687
Cancer care is delivered through a virtual clinic by Color.
everlywell.com2014Austin, United States$330M614
At-home health tests for biomarkers, nutrition, and hormone analysis.
novogene.com2011Beijing, China$75M141
Genomic services and solutions with NGS expertise are provided.
variantbio.com2018Brooklyn, United States$127.74M–
Personalized therapeutics are developed using genomic data for rare diseases.
newtopia.com2008New York, United States$13.1M–
Health management platform is provided for employers and insurers.
geneplanet.com2008Ljubljana, Slovenia$34.02M–
DNA-based personalized health and fitness recommendations are offered.
rejuvenatebio.com2017San Diego, United States$14.58M39
Gene-editing platform and anti-aging therapy for dogs are developed.
sourcebioscience.com1903Nottingham, United Kingdom–273
Multiple genomic services are provided for analysis and diagnostics.
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Detailed competitors of GeneTech

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  • Full competitor set
  • Operating metrics
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Web traffic of GeneTech

The website of GeneTech (genetech.co.in) receives about 2.4K visits a month and ranks #9,938,815 among all websites worldwide, #7,806 in Biotechnology and Pharmaceuticals.

  • Monthly visits
    2.4K

    ▲ 39.1% vs previous month

  • Global rank
    #9,938,815

    among all websites

  • Category rank
    #7,806

    Health · Biotechnology and Pharmaceuticals

Similar websites

Websites whose visitors overlap most with GeneTech. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
4basecare.com
100%
5.7K#3,663,212View details
genetrack.in
genetrack.in
95%
–#1,807,695–
sbpsoftware.com
69%
––View details
genetics.edu.au
genetics.edu.au
69%
–#888,034–
centreforability.bc.ca
centreforability.bc.ca
68%
–––
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 13 similar websites and full traffic analytics for GeneTech

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  • 13 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Genomics & Gene Therapy Platforms

10 companies that operate in the same segment as GeneTech (Genomics & Gene Therapy Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Digital sequencing technology for cancer detection is developed.
2012Redwood City, California, United StatesUSD 557.5 MUSD 982.02 M4,867
Circulating tumor DNA is screened for early cancer detection.
2016Menlo Park, California, United StatesUSD 2 BUSD 147.17 M1,141
Nanopore-based electronic systems for single-molecule analysis are developed.
2005Oxford, Oxfordshire, United KingdomUSD 1.34 BUSD 301.49 M1,372
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits
2006Sunnyvale, California, United StatesUSD 943.53 MUSD 189.9 M562
Provider of DNA testing services to create a family tree and ancestor
2003Yehud, Central District, IsraelUSD 40 M––
Genetically modified cell lines are developed using AAV gene-editing platform.
2007Cambridge, Cambridgeshire, United KingdomUSD 46.29 M––
Gene therapies for rare diseases including retinal dystrophies are developed.
2013Philadelphia, Pennsylvania, United StatesUSD 82.8 MUSD 64.73 M822
Therapeutics for genetic diseases are developed through targeted interventions.
2015Palo Alto, California, United StatesUSD 434.2 MUSD 502.08 M730
Provider of an online genealogy platform offering a host of services
1996Lehi, Utah, United StatesUSD 146.2 M––
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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 has 19 employees.

The primary company behind GeneTech, Ats Genetech Private Limited, reported revenue of β‚Ή8.52 Cr for FY 2024, up 29% year on year.

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.

GeneTech operates through Ats Genetech Private Limited.

The legal entities of GeneTech currently have 2 directors, including Veera Babu Srinivas Udumudi, Anuradha Udumudi.

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