About Karmic Lifesciences
Karmic Lifesciences is a company based in Mumbai (India) founded in 2005 was acquired by Cliantha in July 2014.. Karmic Lifesciences has raised $2 million across 2 funding rounds from investors including Mumbai Angels, Cliantha and Basil Partners. The company has 163 employees as of October 31, 2024. Karmic Lifesciences operates in a competitive market with competitors including Emmes, Syneos Health, Veristat, ClinChoice and Medelis WCCT Global, among others.
- Headquarter Mumbai, India
- Employees 163 as on 31 Oct, 2024
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$75.08 M (USD)9as on Mar 31, 2024
-
Net Profit
$9.28 M (USD)-16as on Mar 31, 2024
-
EBITDA
$16.08 M (USD)-6as on Mar 31, 2024
-
Total Equity Funding
$2 M (USD)
in 2 rounds
-
Latest Funding Round
$1.5 M (USD), Series A
May 28, 2010
-
Investors
Mumbai Angels
& 3 more
-
Employee Count
163
as on Oct 31, 2024
-
Acquired by
Cliantha
(Jul 30, 2014)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Karmic Lifesciences
Karmic Lifesciences has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in May 2010. 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 Series A — $1.5M
-
First Round
First Round
(03 May 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2010 | Amount | Series A - Karmic Lifesciences | Valuation |
investors |
|
| May, 2009 | Amount | Seed - Karmic Lifesciences | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Karmic Lifesciences
Karmic Lifesciences has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Mumbai Angels, Cliantha and Basil Partners. 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 |
|---|---|---|---|---|
|
Early-stage venture investments are facilitated by Mumbai Angels network.
|
Founded Year | Domain | Location | |
|
Tech and Life Sciences focused VC firm investing in the US and India
|
Founded Year | Domain | Location | |
|
Angel investor network investing in early-stage startups
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Karmic Lifesciences
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Karmic Lifesciences
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Karmic Lifesciences Comparisons
Competitors of Karmic Lifesciences
Karmic Lifesciences 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 Emmes, Syneos Health, Veristat, ClinChoice and Medelis WCCT Global, 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 |
Outsourced contract research organization services are provided to clients.
|
|
| domain | founded_year | HQ Location |
CRO clinical development services are provided by Syneos Health.
|
|
| domain | founded_year | HQ Location |
Clinical trials and regulatory submissions are supported as a CRO.
|
|
| domain | founded_year | HQ Location |
CRO focused on data management, regulatory affairs and consulting services
|
|
| domain | founded_year | HQ Location |
Full-service CRO expertise in influenza and oncology research is offered.
|
|
| domain | founded_year | HQ Location |
Therapies for cancer and inflammatory diseases are developed.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Karmic Lifesciences
When was Karmic Lifesciences founded?
Karmic Lifesciences was founded in 2005 and raised its 1st funding round 4 years after it was founded.
Where is Karmic Lifesciences located?
Karmic Lifesciences is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Karmic Lifesciences a funded company?
Karmic Lifesciences is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on May 03, 2009.
How many employees does Karmic Lifesciences have?
As of Oct 31, 2024, the latest employee count at Karmic Lifesciences is 163.
What is the annual revenue of Karmic Lifesciences?
Annual revenue of Karmic Lifesciences is $75.08M as on Mar 31, 2024.
What does Karmic Lifesciences do?
Karmic Lifesciences is a full-service contract research organization headquartered in India with global execution capabilities in the US, Europe and APAC. It provides clinical trials and clinical data management bio-statistics projects (Phase I to IV) in various therapeutic areas including Oncology, Cardiovascular, Diabetes, Neurology, Auto-Immune Diseases, Ophthalmology, and Medical Devices. It also launched medico-marketing services for the pharmaceutical industry. Also, developed kTrials, a web-enabled eClinical suite with integrated clinical trial management, clinical data management, clinical data warehousing and operational analytics functionalities. It was funded by India Angels Network, Mumbai Angels, Basil Growth, Blume Ventures. It was acquired by Cliantha Research in July 2014.
Who are the top competitors of Karmic Lifesciences?
Karmic Lifesciences's top competitors include Emmes, Syneos Health and ClinChoice.
Who are Karmic Lifesciences's investors?
Karmic Lifesciences has 4 investors. Key investors include Mumbai Angels, Cliantha, Basil Partners, and Indian Angel Network.