About Inneate
Inneate is a company based in Mumbai (India) founded in 2019 by Harmeet Gupta.. Inneate has raised $787.19 thousand across 2 funding rounds from investors including Deepa Sadashiv Shetty, Raghunandan Tela and Jyoti Vikas Kasat. Inneate offers products and services including SecureDose™ Rubber Stoppers and Glass Vials.
- Headquarter Mumbai, India
- Founders Harmeet Gupta
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Inneate Hub Private Limited
- Jurisdiction Goregaon East, Maharashtra, India
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Annual Revenue
$731.4 K (USD)1.91as on Mar 31, 2022
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Net Profit
$5.1 K (USD)-90.36as on Mar 31, 2022
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EBITDA
$5.35 K (USD)-92.61as on Mar 31, 2022
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Total Equity Funding
$787.19 K (USD)
in 2 rounds
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Latest Funding Round
$529.34 K (USD), Angel Round
Nov 08, 2023
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Investors
Ashro Singapore
& 10 more
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Employee Count
Employee Count
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Products & Services of Inneate
Inneate offers a comprehensive portfolio of products and services, including SecureDose™ Rubber Stoppers and Glass Vials. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Rubber stoppers are designed for sealing integrity and compatibility with pharmaceutical formulations.
Glass vials are manufactured for drug containment and delivery systems in healthcare applications.
Funding Insights of Inneate
Inneate has successfully raised a total of $787.19K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $529.34 thousand completed in November 2023. 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 2
- Last Round Angel Round — $529,344
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First Round
First Round
(25 Mar 2020)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Angel Round - Inneate | Valuation |
investors |
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| Mar, 2020 | Amount | Angel Round - Inneate | Valuation |
investors |
| 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 Inneate
Inneate has secured backing from 11 investors, including angel investors. Prominent investors backing the company include Deepa Sadashiv Shetty, Raghunandan Tela and Jyoti Vikas Kasat. 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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DS
Deepa Sadashiv Shetty |
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Founded Year | Domain | Location |
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RT
Raghunandan Tela |
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Founded Year | Domain | Location |
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JV
Jyoti Vikas Kasat |
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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.
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Founded Year | Domain | Location |
Investments & Acquisitions by Inneate
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Inneate
| 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 |
Inneate Comparisons
Competitors of Inneate
| 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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Frequently Asked Questions about Inneate
When was Inneate founded?
Inneate was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Inneate located?
Inneate is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Inneate?
Harmeet Gupta is the current CEO of Inneate. They have also founded this company.
Is Inneate a funded company?
Inneate is a funded company, having raised a total of $787.19K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $257.85K, raised on Mar 25, 2020.
What is the annual revenue of Inneate?
Annual revenue of Inneate is $731.4K as on Mar 31, 2022.
What does Inneate do?
Inneate was founded in 2019 in Mumbai, India, within the pharmaceutical packaging sector. Rubber stoppers, silicon closures, glass vials, syringe systems, blood collection stoppers, and various containment systems are designed and manufactured for injectable drugs. Operations focus on precision engineering to meet industry standards. Clients served include multinational corporations, contract manufacturing organizations, generic manufacturers, and specialty pharmaceutical companies across global markets.
What products or services does Inneate offer?
Inneate offers SecureDose™ Rubber Stoppers and Glass Vials.
Who are Inneate's investors?
Inneate has 11 investors. Key investors include Deepa Sadashiv Shetty, Raghunandan Tela, Jyoti Vikas Kasat, Manoj Tulsian, and Rajesh Krishnamoorthy.