About Strand Life Sciences
Strand Life Sciences is a company based in Bengaluru (India) founded in 2000 by Vinay V, Ramesh Hariharan, and Vijay Chandru was acquired by Reliance Industries in September 2021.. Strand Life Sciences has raised $34.88 million across 9 funding rounds from investors including HCG, Syngene and WestBridge Capital. The company has 428 employees as of March 29, 2024. Strand Life Sciences operates in a competitive market with competitors including deCODE Genetics, Hexagon Bio, ONCOHOST, Cellanome and Allelica, among others.
- Headquarter Bengaluru, India
- Employees 428 as on 29 Mar, 2024
- Founders Vinay V, Ramesh Hariharan, Vijay Chandru
- 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
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- Legal Name Strand Life Sciences Private Limited
- Date of Incorporation 06 Oct, 2000
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$10.55 M (USD)-14.65as on Mar 31, 2023
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Net Profit
$1.65 M (USD)-77.06as on Mar 31, 2023
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EBITDA
$59.16 K (USD)-43.32as on Mar 31, 2023
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Total Equity Funding
$34.88 M (USD)
in 9 rounds
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Latest Funding Round
$13.84 M (USD), Series C
Feb 07, 2018
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Investors
HCG
& 28 more
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Employee Count
428
as on Mar 29, 2024
- Acquired by
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Funding Insights of Strand Life Sciences
Strand Life Sciences has successfully raised a total of $34.88M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $13.84 million completed in February 2018. 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 9
- Last Round Series C — $13.8M
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First Round
First Round
(01 Jun 2000)
- Investors Count 27
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series C - Strand Life Sciences | Valuation | Quadria Capital | |
| Jun, 2016 | Amount | Series B - Strand Life Sciences | Valuation |
investors |
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| Dec, 2014 | Amount | Series B - Strand Life Sciences | Valuation | Biomark Capital |
| 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 Strand Life Sciences
Strand Life Sciences has secured backing from 29 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include HCG, Syngene and WestBridge Capital. 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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Healthcare private equity investments focused on Asian markets.
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Founded Year | Domain | Location | |
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Healthcare investment fund focused on innovation and social impact in India.
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Founded Year | Domain | Location | |
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Private equity and venture capital investment firm
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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 Strand Life Sciences
| 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 - Strand Life Sciences
| 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 |
Strand Life Sciences Comparisons
Competitors of Strand Life Sciences
Strand Life Sciences 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 deCODE Genetics, Hexagon Bio, ONCOHOST, Cellanome and Allelica, 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 |
Bioinformatics platform for genetic disease analysis is provided.
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| domain | founded_year | HQ Location |
Bioinformatics tools are provided for analyzing microbial genomic sequencing data.
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| domain | founded_year | HQ Location |
AI-based proteomic analysis for oncology therapy planning is offered.
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| domain | founded_year | HQ Location |
Developer of the omic data platform for researchers
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| domain | founded_year | HQ Location |
Provider of genomic DNA tests for assessing predisposition to diseases & personalized nutrition
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Strand Life Sciences
Frequently Asked Questions about Strand Life Sciences
When was Strand Life Sciences founded?
Strand Life Sciences was founded in 2000.
Where is Strand Life Sciences located?
Strand Life Sciences is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Strand Life Sciences?
Ramesh Hariharan is the current CEO of Strand Life Sciences. They have also founded this company.
Is Strand Life Sciences a funded company?
Strand Life Sciences is a funded company, having raised a total of $34.88M across 9 funding rounds to date. The company's 1st funding round was a Series B of $4.86M, raised on Jun 01, 2000.
How many employees does Strand Life Sciences have?
As of Mar 29, 2024, the latest employee count at Strand Life Sciences is 428.
What is the annual revenue of Strand Life Sciences?
Annual revenue of Strand Life Sciences is $10.55M as on Mar 31, 2023.
What does Strand Life Sciences do?
Strand Life Sciences was founded in 2000 in Bengaluru, India, within the biotechnology sector. Omics-based solutions are delivered for clinical genomics, systems biology, and drug discovery. Sequence-based diagnostics and clinical genomic data interpretation services are supplied to healthcare establishments. Integrated omics analysis, image management, systems biology modeling, and molecular modeling tools are also made available to support research and development operations.
Who are the top competitors of Strand Life Sciences?
Strand Life Sciences's top competitors include ONCOHOST, Hexagon Bio and Fios Genomics.
Who are Strand Life Sciences's investors?
Strand Life Sciences has 29 investors. Key investors include HCG, Syngene, WestBridge Capital, Quadria Capital, and HealthQuad.
What is Strand Life Sciences's valuation?
The valuation of Strand Life Sciences is $47.67M as of Feb 2018.
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