Reagene Biosciences

Bengaluru, India Founded: 2016 • Age: 10 yrs
Provider of research reagents and kits

About Reagene Biosciences

Reagene Biosciences is a Healthcare company based in Bengaluru (India) founded in 2016. Provider of research reagents and kits. Reagene Biosciences has raised $70.13 thousand across 2 funding rounds from investors including Suresh Poosala, Aruna Bayya and Dhanashri Girish Gudi. Reagene Biosciences was last valued at $245.16 thousand in February 2020. Its Indian entity Reagene Biosciences Private Limited reported revenue of β‚Ή17.5 Lakh. Its focus areas include Life Sciences, Life Sciences Platforms and Tools, Research Reagents and Kits and Diversified.

Company details

Reagene Biosciences provides reagents for biochemistry, molecular biology, and cell cultures. The company has developed the platforms ReaGene Discovery Platform, ReaSkin, ReaADME (in vitro human assay), ReaPath(3D printed tissue for research), and ReaLite (assay and lab support). The ReaGEn, an FDA approved platform, offers translational 3D cell-based assays for drug discovery prior to animal studies.

  • Headquarters Bengaluru, India
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website reagenebiosciences.com
  • Social Facebook
  • Legal Name Reagene Biosciences Private Limited
  • Date of Incorporation 01 Sep, 2016
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹17.5 Lakh

    FY 2023 · -1% YoY

  • Net Loss
    -₹14.4 Lakh

    FY 2023 · -82% margin

  • EBITDA
    -₹12.4 Lakh

    FY 2023 · -71% margin

  • Total Equity Funding
    $70.13K (USD)

    in 2 rounds

  • Latest Funding Round
    $51.62K (USD), Angel Round

    Feb 2020

Funding Insights of Reagene Biosciences

Reagene Biosciences has successfully raised a total of $70.13K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $51.62 thousand completed in February 2020. 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 $70,130
  • Total Rounds 2
  • Last Round Angel Round β€” $51,621
  • First Round $18,509

    (Mar 2018)

  • Investors Count 3

All 2 funding rounds of Reagene Biosciences with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2020$51,621Angel Round$245,157Suresh Poosala
Mar 2018$18,509Angel Round$92,064Aruna Bayya
Valuation history

Last known valuation $245,157 (Feb 2020). 3 investors in total: 0 institutional and 3 angel.

Investors in Reagene Biosciences

Reagene Biosciences has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Suresh Poosala, Aruna Bayya and Dhanashri Girish Gudi.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Suresh Poosala

Founder of Zluri, SaaS management platform, and active angel investor
unknown_f3a997b9a69b40bd9

Aruna Bayya

unknown_5d2ba5ecfbb64c939

Dhanashri Girish Gudi

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Investor details for Reagene Biosciences

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Board of directors of Reagene Biosciences Private Limited (Reagene Biosciences)

Reagene Biosciences Private Limited is the primary company behind Reagene Biosciences. The board of Reagene Biosciences Private Limited currently have 2 directors; the longest-serving is Prema Kolachana, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prema Kolachana
DIN 07547950
Managing Director01 Sep 201610 yrs 2 moReagene Biosciences Private Limited
Nishant Nemani Dhamnekar
DIN 08418450
Director10 Apr 20197 yrs 7 moReagene Biosciences Private Limited

Financials of Reagene Biosciences

Figures of Reagene Biosciences Private Limited, the primary company behind Reagene Biosciences, for FY 2023. Revenue was ₹17.5 Lakh (-1% year on year). Net loss was -₹14.4 Lakh (-82% margin). EBITDA was -₹12.4 Lakh (-71% margin). Revenue has grown at a compounded annual rate of +30% over three years and +124% over five years.

  • ₹17.5 LakhRevenue · FY 2023 · -1% YoY
  • -₹14.4 LakhNet loss · -82% margin
  • -₹12.4 LakhEBITDA · -71% margin
  • ₹1.10 CrPaid-up capital
  • +30%Revenue CAGR, 3 years
  • +124%Revenue CAGR, 5 years

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

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Detailed financial statements for Reagene Biosciences

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Timeline of Reagene Biosciences

3 dated milestones of Reagene Biosciences across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Reagene Biosciences is founded.
  2. Funding First funding round of $19K.
  3. Funding Latest funding round, Angel Round, of $52K.
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Frequently Asked Questions about Reagene Biosciences

Reagene Biosciences was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Reagene Biosciences is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Reagene Biosciences is a funded company, having raised a total of $70.13K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $18.51K, raised on Mar 2018.

The primary company behind Reagene Biosciences, Reagene Biosciences Private Limited, reported revenue of β‚Ή17.5 Lakh for FY 2023, down 1% year on year.

Reagene Biosciences provides reagents for biochemistry, molecular biology, and cell cultures. The company has developed the platforms ReaGene Discovery Platform, ReaSkin, ReaADME (in vitro human assay), ReaPath(3D printed tissue for research), and ReaLite (assay and lab support). The ReaGEn, an FDA approved platform, offers translational 3D cell-based assays for drug discovery prior to animal studies.

Reagene Biosciences has 3 investors. Key investors include Suresh Poosala, Aruna Bayya, and Dhanashri Girish Gudi.

The valuation of Reagene Biosciences is $245.16K as of Feb 2020.

Reagene Biosciences operates through Reagene Biosciences Private Limited.

The legal entities of Reagene Biosciences currently have 2 directors, including Prema Kolachana, Nishant Nemani Dhamnekar.

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