SynThera Biomedical

Pune, India Founded: 2015 • Age: 11 yrs
Glass-based biomaterials for biomedical applications are manufactured.
Annual revenue $48,833 Latest available
Total funding $406,239 2 rounds
Employees - Tracked headcount
Investors 33 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About SynThera Biomedical

SynThera Biomedical is a company based in Pune (India) founded in 2015 by Nilay Lakhkar. SynThera Biomedical has raised $406.24 thousand across 2 funding rounds from investors including Italica, 1Crowd and United Capital PLC Group. SynThera Biomedical offers products and services including Porosyn, Therasenz, Bioactive Glass Powder, and Frit and Cullet. SynThera Biomedical operates in a competitive market with competitors including MiMedx Group, Ossio, Theradaptive, EpiBone and Biocomposites, among others.

  • Headquarter Pune, India
  • Founders Nilay Lakhkar
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Synthera Biomedical Private Limited
  • Date of Incorporation 19 Jun, 2015
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $48.83 K (USD)
    369.59
    as on Mar 31, 2022
  • Net Profit
    $2.78 K (USD)
    134.38
    as on Mar 31, 2022
  • EBITDA
    -$38.15 K (USD)
    -122.3
    as on Mar 31, 2022
  • Total Equity Funding
    $406.24 K (USD)

    in 2 rounds

  • Latest Funding Round
    $101.24 K (USD), Seed

    Nov 10, 2021

  • Investors
    Italica

    & 32 more

  • Employee Count
    Not available
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Products & Services of SynThera Biomedical

SynThera Biomedical offers a comprehensive portfolio of products and services, including Porosyn, Therasenz, Bioactive Glass Powder, and Frit and Cullet.

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Primary

Optimizes tissue repair and bone regeneration for medical use

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Facilitates healing in dental and fracture repair applications

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Provides customized powders for pharmaceutical and cosmetic needs

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Offers high-purity materials for industrial and medical processing

Funding Insights of SynThera Biomedical

SynThera Biomedical has successfully raised a total of $406.24K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $101.24 thousand completed in November 2021. 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 SynThera Biomedical

SynThera Biomedical has secured backing from 33 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Italica, 1Crowd and United Capital PLC Group.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Med-tech startups are incubated by IKP Knowledge Park.
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Business incubation services are provided across multiple sectors.
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Startups are incubated at Venture Center, backed by CSIR.
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Investor details for SynThera Biomedical

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Investments & Acquisitions by SynThera Biomedical

Investments
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Investment portfolio details for SynThera Biomedical

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Financial Statements - SynThera Biomedical

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Detailed financials for SynThera Biomedical

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Synthera Biomedical Comparisons

SynThera Biomedical Primary company
Description
Glass-based biomaterials for biomedical applications are man...
Location
Pune, India
Founded Year
2015
Annual Revenue
$48.83 K (USD)
Net Profit
$2.78 K (USD)
EBITDA
-$38.15 K (USD)
Employees
Not available
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Peer comparison for SynThera Biomedical

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Competitors of SynThera Biomedical

SynThera Biomedical 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.

Company Name Domain Founded year HQ Location Description
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Regenerative biomaterial products and bioimplants for wound, surgical, sports medicine and orthopedics
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Orthopedic fixation is enabled by bone regeneration biocomposite technology.
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Therapeutic delivery platform is developed for orthopedic clinical indications.
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Developer of stem cells to regrow damaged bones
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Synthetic calcium composites are developed for bone repair and regeneration.
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Implants for bone and cartilage regeneration are developed and provided.
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Detailed competitors of SynThera Biomedical

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Latest news on Synthera Biomedical

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Complete news archive for SynThera Biomedical

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Frequently Asked Questions about SynThera Biomedical

SynThera Biomedical was founded in 2015 and raised its 1st funding round 3 years after it was founded.

SynThera Biomedical is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Nilay Lakhkar is the current CEO of SynThera Biomedical. They have also founded this company.

SynThera Biomedical is a funded company, having raised a total of $406.24K across 2 funding rounds to date.

Annual revenue of SynThera Biomedical is $48.83K as on Mar 31, 2022.

SynThera Biomedical was established in 2015 in Pune, India. Bio-active glass and ceramic products are developed, manufactured, and commercialized for healthcare and related sectors. Silicate- or phosphate-based materials are applied in dental, maxillofacial, and orthopedic bone substitutes, tissue engineering scaffolds, and antimicrobial ion delivery systems. Operations focus on specialty biomaterials for various biomedical uses.

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

SynThera Biomedical offers Porosyn, Therasenz, Bioactive Glass Powder, and Frit and Cullet.

SynThera Biomedical has 33 investors. Key investors include Italica, 1Crowd, United Capital PLC Group, IKP Knowledge Park, and United Capital Club.

The valuation of SynThera Biomedical is $1.36M as of Apr 2018.

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