Mylab

Pune, India Founded: 2016 • Age: 10 yrs
Developer of diagnostic kits for pathogen detection and viral load monitoring
Annual revenue $32.6M Latest available
Total funding - 3 rounds
Employees 437 Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Mylab

Mylab is a company based in Pune (India) founded in 2016 by Hasmukh Rawal and Shailendra Balasaheb Kawade. The company has 437 employees as of April 05, 2024. Mylab has completed 2 acquisitions, including Swayam and sanskritech.com. Mylab offers products and services including PathoDetect, NATSpert, OncoScreen, and AgroDex. Mylab operates in a competitive market with competitors including Natera, ArcherDX, Inflammatix, MeMed and Variantyx, among others.

  • Headquarter Pune, India
  • Employees 437 as on 05 Apr, 2024
  • Founders Hasmukh Rawal, Shailendra Balasaheb Kawade
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mylab Discovery Solutions Pvt. Ltd.
  • Jurisdiction Lonawala, Maharashtra, 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
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $32.64 M (USD)
    0
    as on Mar 31, 2022
  • Net Profit
    $1.92 M (USD)
    0
    as on Mar 31, 2022
  • EBITDA
    $3.63 M (USD)
    0
    as on Mar 31, 2022
  • Latest Funding Round
    Not available
  • Investors
    Zydus Life

    & 4 more

  • Employee Count
    437

    as on Apr 05, 2024

  • Investments & Acquisitions
    Swayam

    & 1 more

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Products & Services of Mylab

Mylab offers a comprehensive portfolio of products and services, including PathoDetect, NATSpert, OncoScreen, and AgroDex.

Product name locked
Category locked
Primary

Kit for pathogen detection in food and clinical samples

Product name locked
Category locked
Locked

System for viral nucleic acid extraction and amplification

Product name locked
Category locked
Locked

Kits for mutation detection in tumor samples

Product name locked
Category locked
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Kit for identifying GMO in raw food materials

People of Mylab

Headcount 200-500
Employee Profiles 19
Employee Profiles
People
Akhtar Syed
Dgm- Production & Quality
People
Nakul Sarde
Head Of Business Operations
People
Shrikant Patole
Director Sales
People
Ram Ray
Chief Commercial Officer (cco) & President - Corporate Strategy

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Funding Insights of Mylab

Investors in Mylab

Mylab has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Zydus Life, ACT Grants and Adar Poonawalla.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Seed capital grants are provided to incubate and accelerate innovations.
Locked Locked Locked
Private equity firm focused on multiple sectors
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Manufacturer of pharmaceutical products, including formulations, APIs, vaccines, and biosimilars
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Investor details for Mylab

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Mylab

Mylab has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Swayam and sanskritech.com.

Investments
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Investment portfolio details for Mylab

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of health monitoring kiosk
Locked Locked 2018 Locked
Limited information is available on core activities of the company.
Locked Locked 2018 Locked
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Complete acquisition details for Mylab

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Mylab

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Detailed financials for Mylab

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  • Profit trends
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Mylab Comparisons

Mylab Primary company
Description
Developer of diagnostic kits for pathogen detection and vira...
Location
Pune, India
Founded Year
2016
Annual Revenue
$32.64 M (USD)
Net Profit
$1.92 M (USD)
EBITDA
$3.63 M (USD)
Employees
437
As of 2024
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Peer comparison for Mylab

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Mylab

Mylab 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 Natera, ArcherDX, Inflammatix, MeMed and Variantyx, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Developer of cell-free DNA testing for oncology, women’s health, and organ health
Locked Locked Locked
Molecular cancer diagnostic products are developed using patented AMP technology.
Locked Locked Locked
Provider of diagnostic solutions for systemic infections
Locked Locked Locked
Provider of machine learning based diagnostic solutions for infectious diseases
Locked Locked Locked
Genomics data analysis platform for healthcare diagnostics is offered.
Locked Locked Locked
Instruments and test panels for multiplexed molecular diagnostics are provided.
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Detailed competitors of Mylab

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Mylab

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Complete news archive for Mylab

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Mylab

Mylab was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Mylab is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Rahul Patil is the current CEO of Mylab.

As of Apr 05, 2024, the latest employee count at Mylab is 437.

Annual revenue of Mylab is $32.64M as on Mar 31, 2022.

Mylab was founded in 2016 in Pune, India, within the diagnostics sector. Diagnostic kits are developed for pathogen detection and viral load monitoring, targeting infections, cancer, genetic disorders, and blood screening. Automated systems are offered, including Compact x for integrated sample preparation, assay setup, and detection; Compact xL as a sample-to-PCR ready platform; and CompactQ for fluorescence quantitative PCR analysis. Operations focus on healthcare applications in the region.

Mylab's top competitors include Natera, Inflammatix and MeMed.

Mylab offers PathoDetect, NATSpert, OncoScreen, and AgroDex.

Mylab has made 2 acquisitions, including Swayam, and sanskritech.com.

Mylab has 5 investors. Key investors include Zydus Life, ACT Grants, Adar Poonawalla, Abhijit Pawar, and Rising Sun Holdings.

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