Serigen

Pune, India Founded: 2015 • Age: 11 yrs
Developer of protein-based tissue regeneration products for orthopedics
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About Serigen

Serigen is a company based in Pune (India) founded in 2015 by Swati Shukla, Anuya Nisal, and Premnath Venugopalan.. Serigen has raised $2.33 million across 4 funding rounds from investors including BioAngels, Sparrow Technologies and Indian Angel Network. Serigen offers products and services including Serioss, Seriderm, and Serimat. Serigen operates in a competitive market with competitors including MiMedx Group, Ossio, Theradaptive, EpiBone and Biocomposites, among others.

  • Headquarter Pune, India
  • Founders Swati Shukla, Anuya Nisal, Premnath Venugopalan
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Serigen Mediproducts Private Limited
  • Date of Incorporation 03 Feb, 2015
  • Jurisdiction Pune City, Maharashtra, India
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Medical Devices & Diagnostics
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
    $15.89 K (USD)
    126.46
    as on Mar 31, 2022
  • Net Profit
    $-131.46 K (USD)
    -7.08
    as on Mar 31, 2022
  • EBITDA
    $-138.29 K (USD)
    -9.94
    as on Mar 31, 2022
  • Total Equity Funding
    $2.33 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.19 M (USD), Seed

    Aug 30, 2024

  • Investors
    BioAngels

    & 46 more

  • Employee Count
    Employee Count
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Products & Services of Serigen

Serigen offers a comprehensive portfolio of products and services, including Serioss, Seriderm, and Serimat. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Osteoconductive filler for bone cavities caused by trauma or infection.

Absorbent dressing that accelerates healing of diabetic ulcers and burns.

Engineered matrix for promoting regeneration of soft tissues.

Funding Insights of Serigen

Serigen has successfully raised a total of $2.33M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.19 million completed in August 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.

  • Total Funding
  • Total Rounds 4
  • Last Round Seed — $1.2M
  • First Round

    (15 Jan 2020)

  • Investors Count 47
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2024 Amount Seed - Serigen Valuation Indian Angel Network , Colossa Ventures
Mar, 2023 Amount Seed - Serigen Valuation BioAngels
Jul, 2022 Amount Seed - Serigen Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Serigen

Serigen has secured backing from 47 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include BioAngels, Sparrow Technologies and Indian Angel Network. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Angel investor network investing in early-stage startups
Founded Year Domain Location
Investments are directed by Colossa Ventures toward diverse tech sectors.
Founded Year Domain Location
Investment and support platform for biotech and related startups in India.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Serigen

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Serigen

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Serigen Comparisons

Employees
+
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Competitors of Serigen

Serigen 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 MiMedx Group, Ossio, Theradaptive, EpiBone and Biocomposites, 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
Regenerative biomaterial products and bioimplants for wound, surgical, sports medicine and orthopedics
domain founded_year HQ Location
Orthopedic fixation is enabled by bone regeneration biocomposite technology.
domain founded_year HQ Location
Therapeutic delivery platform is developed for orthopedic clinical indications.
domain founded_year HQ Location
Developer of stem cells to regrow damaged bones
domain founded_year HQ Location
Synthetic calcium composites are developed for bone repair and regeneration.
domain founded_year HQ Location
Implants for bone and cartilage regeneration are developed and provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Serigen

Frequently Asked Questions about Serigen

When was Serigen founded?

Serigen was founded in 2015 and raised its 1st funding round 5 years after it was founded.

Where is Serigen located?

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

Who is the current CEO of Serigen?

Anuya Nisal is the current CEO of Serigen. They have also founded this company.

Is Serigen a funded company?

Serigen is a funded company, having raised a total of $2.33M across 4 funding rounds to date. The company's 1st funding round was a Seed of $433.4K, raised on Jan 15, 2020.

What is the annual revenue of Serigen?

Annual revenue of Serigen is $15.89K as on Mar 31, 2022.

What does Serigen do?

Developer of protein-based tissue regeneration products for orthopedics. It uses natural silk proteins to develop tissue regeneration products such as Serioss for bone tissue repair, Serimat for soft tissue regeneration, and Seriderm for wound healing.

Who are the top competitors of Serigen?

Serigen's top competitors include EpiBone, Theradaptive and MiMedx Group.

What products or services does Serigen offer?

Serigen offers Serioss, Seriderm, and Serimat.

Who are Serigen's investors?

Serigen has 47 investors. Key investors include BioAngels, Sparrow Technologies, Indian Angel Network, Colossa Ventures, and Shantanu Deshpande.

What is Serigen's valuation?

The valuation of Serigen is $7.86M as of Mar 2023.

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