Redcliffe Labs

Noida, India Founded: 2018 • Age: 8 yrs
Home-based diagnostic tests are booked via an online platform.
Annual revenue $41.9M Latest available
Total funding $116.4M 4 rounds
Employees 2308 Tracked headcount
Investors 13 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Redcliffe Labs

Redcliffe Labs is a company based in Noida (India) founded in 2018 by Aditya Kandoi, Ashish Dubey, and Dheeraj Jain. Redcliffe Labs has raised $116.42 million across 4 funding rounds from investors including LetsVenture, LeapFrog Investments and Schroders. The company has 2,308 employees as of August 11, 2024. Redcliffe Labs has completed 2 acquisitions, including Celara Diagnostics and Medicentre. Redcliffe Labs offers products and services including Diagnostic Tests, Health Packages, and Sample Collection. Redcliffe Labs operates in a competitive market with competitors including Dr Lal PathLabs, Sterling Accuris Diagnostics, Orange health, Metropolis India and Agilus Diagnostics, among others.

  • Headquarter Noida, India
  • Employees 2308 as on 11 Aug, 2024
  • Founders Aditya Kandoi, Ashish Dubey, Dheeraj Jain
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Redcliffe Lifetech Private Limited
  • Date of Incorporation 30 Jan, 2021
  • Jurisdiction Noida, Uttar Pradesh, India
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $41.86 M (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    -$41.56 M (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    -$38.4 M (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $116.42 M (USD)

    in 4 rounds

  • Latest Funding Round
    $42 M (USD), Series C

    Sep 17, 2024

  • Investors
    LetsVenture

    & 12 more

  • Employee Count
    2308

    as on Aug 11, 2024

  • Investments & Acquisitions
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Products & Services of Redcliffe Labs

Redcliffe Labs offers a comprehensive portfolio of products and services, including Diagnostic Tests, Health Packages, and Sample Collection.

Product name locked
Category locked
Primary

Services for booking and conducting medical diagnostic tests

Product name locked
Category locked
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Curated packages for comprehensive health checkups and reports

Product name locked
Category locked
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On-site services for collecting medical samples from users

Funding Insights of Redcliffe Labs

Redcliffe Labs has successfully raised a total of $116.42M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $42 million completed in September 2024. 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 Redcliffe Labs

Redcliffe Labs has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include LetsVenture, LeapFrog Investments and Schroders.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity investment firm
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Private equity fund focused on banking, finance, healthcare, and multiple sectors
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Healthcare investment fund focused on innovation and social impact in India.
Locked Locked Locked
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Investments & Acquisitions by Redcliffe Labs

Redcliffe Labs has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Celara Diagnostics and Medicentre.

Investments
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Investment portfolio details for Redcliffe Labs

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of advanced diagnostic services, including imaging, laboratory tests, and other medical procedures, primarily catering to patients
Locked Locked 2017 Locked
Chain of diagnostic centers
Locked Locked 2010 Locked
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Complete acquisition details for Redcliffe Labs

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Financial Statements - Redcliffe Labs

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Detailed financials for Redcliffe Labs

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Redcliffe Labs Comparisons

Redcliffe Labs Primary company
Description
Home-based diagnostic tests are booked via an online platfor...
Location
Noida, India
Founded Year
2018
Annual Revenue
$41.86 M (USD)
Net Profit
-$41.56 M (USD)
EBITDA
-$38.4 M (USD)
Employees
2,308
As of 2024
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Peer comparison for Redcliffe Labs

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Competitors of Redcliffe Labs

Redcliffe Labs 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 Dr Lal PathLabs, Sterling Accuris Diagnostics, Orange health, Metropolis India and Agilus Diagnostics, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Chain of pathology and radiology labs
Locked Locked Locked
Pathology diagnostic services are offered via a chain of labs.
Locked Locked Locked
At-home diagnostic tests are booked and collected by phlebotomists.
Locked Locked Locked
Diagnostic centers are operated as a nationwide chain.
Locked Locked Locked
Leading diagnostic chain providing quality blood test and full body checkup services
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Detailed competitors of Redcliffe Labs

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Latest news on Redcliffe Labs

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Complete news archive for Redcliffe Labs

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Frequently Asked Questions about Redcliffe Labs

Redcliffe Labs was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Redcliffe Labs is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Aditya Kandoi is the current CEO of Redcliffe Labs. They have also founded this company.

Redcliffe Labs is a funded company, having raised a total of $116.42M across 4 funding rounds to date.

As of Aug 11, 2024, the latest employee count at Redcliffe Labs is 2,308.

Annual revenue of Redcliffe Labs is $41.86M as on Mar 31, 2023.

Redcliffe Labs was founded in 2018 in Noida, India, within the healthcare diagnostics sector. An online platform is operated to facilitate bookings for lab services, with samples collected at users doorsteps by phlebos. Reports generated from these tests are used to provide doctor consultations and personalized medicine recommendations. Operations focus on accessible home-based testing across India.

Redcliffe Labs's top competitors include Dr Lal PathLabs, Metropolis India and Orange health.

Redcliffe Labs offers Diagnostic Tests, Health Packages, and Sample Collection.

Redcliffe Labs has made 2 acquisitions, including Celara Diagnostics, and Medicentre.

Redcliffe Labs has 13 investors. Key investors include LetsVenture, LeapFrog Investments, Schroders, HealthQuad, and Nueva Capital.

The valuation of Redcliffe Labs is $229.38M as of Mar 2023.

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