About Richcore Lifesciences
Richcore Lifesciences is a company based in Bengaluru (India) founded in 2001 was acquired by Laurus Labs in November 2020.. Richcore Lifesciences has raised $9.91 million across 5 funding rounds from investors including Laurus Labs, Ventureast and Eight Roads Ventures. The company has 347 employees as of April 03, 2024. Richcore Lifesciences operates in a competitive market with competitors including GSK, Avidity Biosciences, Sutro Biopharma, Antheia and Vividion Therapeutics, among others.
- Headquarter Bengaluru, India
- Employees 347 as on 03 Apr, 2024
- Stage Minicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Laurus Bio Private Limited
- Date of Incorporation 14 Jul, 2005
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$3.56 M (USD)-4.42as on Mar 31, 2017
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Net Profit
$-902.1 K (USD)-8.21as on Mar 31, 2017
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EBITDA
$-388.42 K (USD)-6.32as on Mar 31, 2017
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Total Equity Funding
$9.91 M (USD)
in 5 rounds
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Latest Funding Round
$446.73 K (USD), Series A
Jun 14, 2016
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Investors
Laurus Labs
& 2 more
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Employee Count
347
as on Apr 03, 2024
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Acquired by
Laurus Labs
(Nov 25, 2020)
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Funding Insights of Richcore Lifesciences
Richcore Lifesciences has successfully raised a total of $9.91M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $446.73 thousand completed in June 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 Total Funding
- Total Rounds 5
- Last Round Series A — $446,730
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First Round
First Round
(01 Jun 2008)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Series A - Richcore Lifesciences | Valuation | Eight Roads Ventures | |
| Jul, 2015 | Amount | Series A - Richcore Lifesciences | Valuation | Eight Roads Ventures | |
| Jan, 2013 | Amount | Series A - Richcore Lifesciences | Valuation | Eight Roads Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Richcore Lifesciences
Richcore Lifesciences has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Laurus Labs, Ventureast and Eight Roads Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investment and global platform support for startups.
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Founded Year | Domain | Location | |
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Venture capital investments in technology, healthcare, and clean environment sectors since 1997.
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Founded Year | Domain | Location | |
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Pharmaceutical and biotechnology company
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Richcore Lifesciences
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Richcore Lifesciences
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Richcore Lifesciences Comparisons
Competitors of Richcore Lifesciences
Richcore Lifesciences 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 GSK, Avidity Biosciences, Sutro Biopharma, Antheia and Vividion Therapeutics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of pharmaceuticals and vaccines for various therapeutic areas
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| domain | founded_year | HQ Location |
Antibody-siRNA complexes are developed for cancer treatment.
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| domain | founded_year | HQ Location |
Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
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| domain | founded_year | HQ Location |
Yeast cells are genetically engineered to produce medicinal products.
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| domain | founded_year | HQ Location |
Developing novel drugs based on a proteome-wide ligand and target discovery platform
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| domain | founded_year | HQ Location |
CRISPR-engineered cell and gene therapies are developed for research applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Richcore Lifesciences
Frequently Asked Questions about Richcore Lifesciences
When was Richcore Lifesciences founded?
Richcore Lifesciences was founded in 2001 and raised its 1st funding round 7 years after it was founded.
Where is Richcore Lifesciences located?
Richcore Lifesciences is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Richcore Lifesciences?
Subodh Singh is the current CEO of Richcore Lifesciences.
Is Richcore Lifesciences a funded company?
Richcore Lifesciences is a funded company, having raised a total of $9.91M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5.46M, raised on Jun 01, 2008.
How many employees does Richcore Lifesciences have?
As of Apr 03, 2024, the latest employee count at Richcore Lifesciences is 347.
What is the annual revenue of Richcore Lifesciences?
Annual revenue of Richcore Lifesciences is $3.56M as on Mar 31, 2017.
What does Richcore Lifesciences do?
Richcore Lifesciences was founded in 2001 in Bengaluru, India, where enzyme-based products are developed for sectors including sugar, alcohol, paper, pulp, textiles, refineries, and petrochemicals. Operations focus on novel enzyme applications tailored to industrial needs in energy, food, and water industries. The company serves these areas through targeted biotechnological solutions.
Who are the top competitors of Richcore Lifesciences?
Richcore Lifesciences's top competitors include Sutro Biopharma, Synthego and Avidity Biosciences.
Who are Richcore Lifesciences's investors?
Richcore Lifesciences has 3 investors. Key investors include Laurus Labs, Ventureast, and Eight Roads Ventures.
What is Richcore Lifesciences's valuation?
The valuation of Richcore Lifesciences is $17.47M as of Jun 2016.