Mitra Biotech

Woburn, United States Founded: 2010 • Age: 16 yrs
Biotechnology company focused on advancing personalized cancer treatment through its clinically validated oncology drug efficacy platform, CANscript

About Mitra Biotech

Mitra Biotech is a Healthcare company based in Woburn (United States) founded in 2010 by Mallik Sundaram. Mitra Biotech has raised $40.7 million across 3 funding rounds from investors including Tata Capital, Accel and RA Capital. The company has 1 employees. Its Indian entity Mitra Biotech Private Limited reported revenue of β‚Ή1.36 Cr. Its focus areas include Life Sciences, Oncology, Drugs and Diversified. Its competitors include C4 Therapeutics, Erasca and Revolution Medicines; 3 of its 3 listed competitors have raised funding.

Company details

Biotechnology company focused on advancing personalized cancer treatment through its clinically validated oncology drug efficacy platform, CANscript.

Operational Areas
Key Metrics
  • Indian entity revenue
    ₹1.36 Cr

    FY 2016 · +30% YoY

  • Indian entity net loss
    -₹4.67 Cr

    FY 2016 · -343% margin

  • Indian entity EBITDA
    -₹4.34 Cr

    FY 2016 · -318% margin

  • Total Equity Funding
    $40.7M (USD)

    in 3 rounds

  • Latest Funding Round
    $27.4M (USD), Series B

    Aug 2016

  • Investors
  • Employee Count
    1

Funding Insights of Mitra Biotech

Mitra Biotech has successfully raised a total of $40.7M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $27.4 million completed in August 2016. 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 $40.7M
  • Total Rounds 3
  • Last Round Series B β€” $27.4M
  • First Round $6.77M

    (Apr 2010)

  • Investors Count 8

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2016$27.4MSeries B–Sequoia Capital, Sands Capital Ventures
Oct 2013$6.53MSeries A––
Apr 2010$6.77MSeries A––
Valuation history

8 investors in total: 8 institutional.

Investors in Mitra Biotech

Mitra Biotech has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Tata Capital, Accel and RA Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Sequoia Capital is engaged in venture capital investments.
1972sequoiacap.com
Growth stage tech & life sciences focused VC Firm investing in Asia and the US
sandscapitalventures.comArlington, United States
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
Venture capital fund backed by government financial institutions focused on early and growth stage startups
1999kitven.inBengaluru, India
India focused early stage mivro VC firm
2010indiainnovationfund.inBengaluru, India
RA Capital is engaged in evidence-based investing in healthcare and life sciences.
2004racap.comBoston, United States
Diversified non-banking financial services are provided by Tata Capital.
2007tatacapital.comMumbai, India
Accel is recognized as a leading venture capital firm.
www.accel.comPalo Alto, United States
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Investor details for Mitra Biotech

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Board of directors of Mitra Biotech Private Limited (Mitra Biotech)

Mitra Biotech Private Limited is the primary company behind Mitra Biotech. The board of Mitra Biotech Private Limited currently have 3 directors; the longest-serving is Mallikarjun Sundaram, appointed in 2009. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mallikarjun Sundaram
DIN 01837321
Director18 Dec 200916 yrs 10 moMitra Biotech Private Limited
Pradip Kumar Majumder
DIN 02985222
Director31 Mar 201016 yrs 6 moMitra Biotech Private Limited
Bindu Puthenpura Kanattu
DIN 07592572
Additional Director19 Dec 20169 yrs 10 moMitra Biotech Private Limited

People of Mitra Biotech

17 people are tracked at Mitra Biotech (6 in leadership, 11 in team); the tracked headcount is 1.

NameRoleGroup
Mallik Sundaram
Co-FounderLeadership
Ragini Iyer
Associate Director Project ManagementLeadership
Satish Sankaran
Chief Scientific OfficerLeadership
Mohit Malhotra
Chief Executive OfficerLeadership
Christopher Davitt
Director, Partnerships And Commercial StrategyLeadership
Nandini Pal Basak
Director R&D IndiaLeadership
Saikrishna S
Research AssociateTeam
Viral Patel
Research ScientistTeam
Govindaraj Krishnan
Manager - Clinical SiteTeam
Dharanidharan M
Research AssociateTeam
Chandan B.
Research AssociateTeam
syam kumar
Senior Research AssociateTeam
Mouniss Murali Meenakshi
Senior Research AssociateTeam
Anupam Nath
Postdoctoral Research FellowTeam
Biswajit Das, PhD
Senior ScientistTeam
Kumar Swamy
Sr. ManagerTeam
Oli Oliyarasi.M
Histopathology laboratory ManagerTeam
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Complete people profiles for Mitra Biotech

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Financials of Mitra Biotech

Figures of Mitra Biotech Private Limited, the primary company behind Mitra Biotech, for FY 2016. Revenue was ₹1.36 Cr (+30% year on year). Net loss was -₹4.67 Cr (-343% margin). EBITDA was -₹4.34 Cr (-318% margin).

  • ₹1.36 CrRevenue · FY 2016 · +30% YoY
  • -₹4.67 CrNet loss · -343% margin
  • -₹4.34 CrEBITDA · -318% margin
  • ₹36.00 CrPaid-up capital

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

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Detailed financial statements for Mitra Biotech

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of Mitra Biotech

3 dated milestones of Mitra Biotech across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Mitra Biotech is founded.
  2. Funding First funding round of $6.8M.
  3. Funding Latest funding round, Series B, of $27.4M.

Competitors of Mitra Biotech

Mitra Biotech has 3 listed competitors in our database, 3 of them funded. They include C4 Therapeutics, Erasca and Revolution Medicines.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
c4therapeutics.com2016Cambridge, United States$223M121
Small-molecule drugs for cancer treatment are developed via Degronimid platform.
erasca.com2018San Diego, United States$300M120
Small molecule therapeutics for cancer treatment are developed.
revmed.com2014Redwood, United States$326.29M181
Cancer therapies are developed using selective pathway inhibitors.
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Detailed competitors of Mitra Biotech

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Verified entity values are shown only after access is granted.

Web traffic of Mitra Biotech

Websites that share an audience with Mitra Biotech (mitrabiotech.com).

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
aurusnet.com
69%
View details

Top companies in Oncology

3 companies that operate in the same segment as Mitra Biotech (Oncology) in United States, 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
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Frequently Asked Questions about Mitra Biotech

Mitra Biotech was founded in 2010.

Mitra Biotech is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.

Mitra Biotech is a funded company, having raised a total of $40.7M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.77M, raised on Apr 2010.

Mitra Biotech has 1 employees.

The primary company behind Mitra Biotech, Mitra Biotech Private Limited, reported revenue of β‚Ή1.36 Cr for FY 2016, up 30% year on year.

Biotechnology company focused on advancing personalized cancer treatment through its clinically validated oncology drug efficacy platform, CANscript.

Mitra Biotech's top competitors include C4 Therapeutics, Erasca and Revolution Medicines.

Mitra Biotech has 8 investors. Key investors include Tata Capital, Accel, RA Capital, KITVEN, and India Innovation Fund.

Mitra Biotech operates through Mitra Biotech Private Limited.

The legal entities of Mitra Biotech currently have 3 directors, including Pradip Kumar Majumder, Mallikarjun Sundaram, Bindu Puthenpura Kanattu.

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