Rapid Diagnostics

Delhi, India Founded: 1995 • Age: 31 yrs
IVD analyzers, POC devices, and critical care equipment are manufactured.
Annual revenue $12.0M Latest available
Total funding $2.9M 4 rounds
Employees 94 Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Rapid Diagnostics

Rapid Diagnostics is a company based in Delhi (India) founded in 1995 by Bharat Jindal. Rapid Diagnostics has raised $2.91 million across 4 funding rounds from investors including Deep Laboratories, Onkarlaboratories and Karwa Enterprise. The company has 94 employees as of April 06, 2024. Rapid Diagnostics offers products and services including In-Vitro Diagnostics, Critical Care Monitoring, and Personal Healthcare.

  • Headquarter Delhi, India
  • Employees 94 as on 06 Apr, 2024
  • Founders Bharat Jindal
  • Stage Minicorn
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Legal Name Rapid Diagnostic Pvt. Ltd.
  • Jurisdiction Delhi, India
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $11.98 M (USD)
    -12.19
    as on Mar 31, 2023
  • Net Profit
    $1.78 M (USD)
    23.26
    as on Mar 31, 2023
  • EBITDA
    $2.28 M (USD)
    9.02
    as on Mar 31, 2023
  • Total Equity Funding
    $2.91 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.18 M (USD), Unspecified

    Mar 31, 2014

  • Investors
  • Employee Count
    94

    as on Apr 06, 2024

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Products & Services of Rapid Diagnostics

Rapid Diagnostics offers a comprehensive portfolio of products and services, including In-Vitro Diagnostics, Critical Care Monitoring, and Personal Healthcare.

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Primary

Provides accurate tests for medical diagnostics and reliable results.

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Offers advanced monitoring for critical patient care and support.

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Delivers comprehensive products for individual health and well-being.

Funding Insights of Rapid Diagnostics

Rapid Diagnostics has successfully raised a total of $2.91M across 4 strategic funding rounds. The most recent funding activity was a Unspecified round of $1.18 million completed in March 2014. 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.

Investors in Rapid Diagnostics

Rapid Diagnostics has secured backing from 7 investors, including institutional and angel investors. Prominent investors backing the company include Deep Laboratories, Onkarlaboratories and Karwa Enterprise.

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Investments & Acquisitions by Rapid Diagnostics

Investments
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Investment portfolio details for Rapid Diagnostics

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Financial Statements - Rapid Diagnostics

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Rapid Diagnostics Comparisons

Rapid Diagnostics Primary company
Description
IVD analyzers, POC devices, and critical care equipment are ...
Location
Delhi, India
Founded Year
1995
Annual Revenue
$11.98 M (USD)
Net Profit
$1.78 M (USD)
EBITDA
$2.28 M (USD)
Employees
94
As of 2024
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Peer comparison for Rapid Diagnostics

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Competitors of Rapid Diagnostics

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Latest news on Rapid Diagnostics

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Frequently Asked Questions about Rapid Diagnostics

Rapid Diagnostics was founded in 1995 and raised its 1st funding round 12 years after it was founded.

Rapid Diagnostics is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Rapid Diagnostics is a funded company, having raised a total of $2.91M across 4 funding rounds to date.

As of Apr 06, 2024, the latest employee count at Rapid Diagnostics is 94.

Annual revenue of Rapid Diagnostics is $11.98M as on Mar 31, 2023.

Rapid Diagnostics is an Indian group of companies engaged in the development and manufacture of a wide range of IVD analyzers, POC diagnostic devices and monitoring equipment for critical care. The companys portfolio includes analyzers for biochemical assays, haematology, coagulation assays, urinalysis, electrolyte analysis, HbA1c analyzers, rapid tests, POC glucometers, POC and hand-held haemoglobinometers, BP instruments, and related consumables and kits. In their critical care portfolio are included multi-parameter patient monitoring systems, EGC machines, fetal Doppler monitors, pulse oximeters, defibrillators, ventilators, oxygen concentrators, and sleep apnoea therapy devices.

Rapid Diagnostics offers In-Vitro Diagnostics, Critical Care Monitoring, and Personal Healthcare.

Rapid Diagnostics has 7 investors. Key investors include Deep Laboratories, Onkarlaboratories, Karwa Enterprise, Aspen Laboratories, and Jagat Diagnostic.

The valuation of Rapid Diagnostics is $5.24M as of Mar 2014.

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