About ShanMukha Innovations
ShanMukha Innovations is a company based in Bengaluru (India) founded in 2016 by Sai Siva Gorthi.. ShanMukha Innovations offers products and services including SickleFind, SickleCert, Polycube-R1, Amplicube-R1, and FluoroCube-R1. ShanMukha Innovations operates in a competitive market with competitors including Hemex Health, BioMedomics, HemaCore, Silver Lake Research Corporation and Halcyon Biomedical, among others.
- Headquarter Bengaluru, India
- Founders Sai Siva Gorthi
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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
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- Legal Name Shanmukha Innovations Private Limited
- Date of Incorporation 25 Jul, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$589.61 K (USD)62.31as on Mar 31, 2022
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Net Profit
$58.61 K (USD)1086.76as on Mar 31, 2022
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EBITDA
$34.06 K (USD)114.97as on Mar 31, 2022
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Latest Funding Round
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Investors
European Union
& 3 more
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Employee Count
Employee Count
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Products & Services of ShanMukha Innovations
ShanMukha Innovations offers a comprehensive portfolio of products and services, including SickleFind, SickleCert, Polycube-R1, Amplicube-R1, and FluoroCube-R1. 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.
Screening kit for sickle-cell anemia detection in point-of-care settings.
Confirmatory test for sickle-cell anemia in mobile lab environments.
Portable thermal cycler for DNA amplification in field diagnostics.
Isothermal amplification device for rapid testing applications.
Portable fluorescence reader for diagnostic analysis.
Automated slide scanner for medical imaging purposes.
Mobile lab for hemoglobinopathy testing in remote areas.
Mobile lab for water and fish health testing in aquaculture.
Portable clinic for on-site diagnostic services.
Funding Insights of ShanMukha Innovations
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(07 Sep 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Grant - ShanMukha Innovations | Valuation |
investors |
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| Jan, 2019 | Amount | Grant - ShanMukha Innovations | Valuation |
investors |
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| Sep, 2016 | Amount | Grant - ShanMukha Innovations | Valuation |
investors |
| 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 ShanMukha Innovations
ShanMukha Innovations has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Startup Karnataka and Department of Biotechnology. 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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Business incubation services are provided across multiple sectors.
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Founded Year | Domain | Location | |
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Support for startups in Karnataka is delivered through policies, funding, and networking services.
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Founded Year | Domain | Location | |
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Biotechnology research, guidelines, and funding by the Government of India.
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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 ShanMukha Innovations
| 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 - ShanMukha Innovations
| 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 |
Shanmukha Innovations Comparisons
Competitors of ShanMukha Innovations
ShanMukha Innovations 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 Hemex Health, BioMedomics, HemaCore, Silver Lake Research Corporation and Halcyon Biomedical, 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 |
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| domain | founded_year | HQ Location |
Platform providing care devices for the detection of tropical diseases
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| domain | founded_year | HQ Location |
Point-of-care diagnostic systems for blood-based disorders are developed.
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| domain | founded_year | HQ Location |
Instruments and assays for blood disorders are provided.
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| domain | founded_year | HQ Location |
Custom antibodies and diagnostics are developed for various applications.
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| domain | founded_year | HQ Location |
Diagnostic solutions for hematological disorders
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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 Shanmukha Innovations
Frequently Asked Questions about ShanMukha Innovations
When was ShanMukha Innovations founded?
ShanMukha Innovations was founded in 2016.
Where is ShanMukha Innovations located?
ShanMukha Innovations is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of ShanMukha Innovations?
Arun B is the current CEO of ShanMukha Innovations.
What is the annual revenue of ShanMukha Innovations?
Annual revenue of ShanMukha Innovations is $589.61K as on Mar 31, 2022.
What does ShanMukha Innovations do?
ShanMukha Innovations was established in 2016 in Bengaluru, India. Focus is placed on the healthcare sector, where affordable point-of-care diagnostic solutions are created to address accessibility needs. Operations involve research and development of diagnostic tools for medical use. The team is led by founder Sai Siva Gorthi, with CEO Arun B and Director Arun Balasubramanian contributing to strategic oversight. Domain activities are centered on innovation in diagnostics.
Who are the top competitors of ShanMukha Innovations?
ShanMukha Innovations's top competitors include Hemex Health, Silver Lake Research Corporation and BioMedomics.
What products or services does ShanMukha Innovations offer?
ShanMukha Innovations offers SickleFind, SickleCert, Polycube-R1, Amplicube-R1, and 5 more products and services.
Who are ShanMukha Innovations's investors?
ShanMukha Innovations has 4 investors. Key investors include European Union, Startup Karnataka, Department of Biotechnology, and BIRAC.