VNIR

Bengaluru, India Founded: 2017 • Age: 9 yrs Minicorn
Infrared fluorescence-based diagnostic molecules are developed for imaging.

About VNIR

VNIR is a Healthcare company based in Bengaluru (India) founded in 2017 by Meher Kiran Prakash Ayalasomayajula and Thimmaiah Govindaraju. Infrared fluorescence-based diagnostic molecules are developed for imaging. VNIR has raised $724.46 thousand across 5 funding rounds from investors including Startup Karnataka, Venkata Prashanth Gangu and Hari P Thadakamalla. VNIR was last valued at $4.28 million in November 2021. Its Indian entity Vnir Biotechnologies Private Limited reported revenue of β‚Ή36.6 Lakh. Its focus areas include Life Sciences, Life Sciences Platforms and Tools, Research Reagents and Kits and Radioisotopes.

Company details

VNIR was founded in 2017 in Bengaluru, India, within the biotechnology sector. Infrared fluorescence-based imaging and diagnostic molecules are developed by the company for applications in live-cell imaging and early detection of conditions such as Alzheimers disease, malaria, and kidney failure. Probes that absorb green light and emit red light are utilized in ROS staining, mitochondria staining, and plant protoplast staining.

  • Headquarters Bengaluru, India
  • Founders Meher Kiran Prakash Ayalasomayajula, Thimmaiah Govindaraju
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website vnir.life
  • Social LinkedIn X Facebook Instagram
  • Legal Name Vnir Biotechnologies Private Limited
  • Date of Incorporation 11 Apr, 2017
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹36.6 Lakh

    FY 2025 · -37% YoY

  • Net Loss
    -₹40.9 Lakh

    FY 2025 · -112% margin

  • EBITDA
    -₹22.6 Lakh

    FY 2025 · -62% margin

  • Total Equity Funding
    $724.46K (USD)

    in 5 rounds

  • Latest Funding Round
    $284.98K (USD), Angel Round

    Nov 2021

  • Investors

Funding Insights of VNIR

VNIR has successfully raised a total of $724.46K across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $284.98 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.

  • Total Funding $724,462
  • Total Rounds 5
  • Last Round Angel Round β€” $284,975
  • Investors Count 38

All 5 funding rounds of VNIR with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2021$284,975Angel Round$4.28MVenkata Prashanth Gangu, Venkata Prashanth Gangu
Mar 2021$354,272Angel Round$3.65MRahul A Vasudeva Rao, Mahesh Tudur Channappa
Jan 2019$42,509Angel Round$β€’β€’β€’β€’β€’Laxmi Narsamma Gangu
Aug 2018$42,706Angel Round$β€’β€’β€’β€’β€’Vijay Chandru
Aug 2017Grant––
Valuation history
DateValuationStage
Nov 2021$4.28Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2021$3.65Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Aug 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of VNIR

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Last known valuation $4.28M (Nov 2021). 38 investors in total: 1 institutional and 37 angel.

Investors in VNIR

VNIR has secured backing from 38 investors, including angel and institutional investors. Prominent investors backing the company include Startup Karnataka, Venkata Prashanth Gangu and Hari P Thadakamalla.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Support for startups in Karnataka is delivered through policies, funding, and networking services.
2004missionstartupkarnataka.orgBengaluru, India

Venkata Prashanth Gangu

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Hari P Thadakamalla

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Arvind Reddy Battula

unknown_f4f531595f9a4c1eb

Jagadish B Mendu

unknown_ffff07c32dff485ba

Anil Kamarajugadda

unknown_c0a977371e4c44299

Bhagat Kota

unknown_7baff179f224446d8

Satish Vedantam

unknown_59c1fc55f07d4c27a

Chandra Kiran Maddukuri

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Venkata Prashanth Gangu

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Investor details for VNIR

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Board of directors of Vnir Biotechnologies Private Limited (VNIR)

Vnir Biotechnologies Private Limited is the primary company behind VNIR. The board of Vnir Biotechnologies Private Limited currently have 3 directors; the longest-serving is Govindaraju Thimmaiah, appointed in 2017. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Govindaraju Thimmaiah
DIN 07744954
Director11 Apr 20179 yrs 7 moVnir Biotechnologies Private Limited
Meher Kiran Prakash Ayalasomayajula
DIN 07753129
Director11 Apr 20179 yrs 7 moVnir Biotechnologies Private Limited
Jagadeesh Ramanna . Daler
DIN 10238303
Director10 Aug 20233 yrs 3 moVnir Biotechnologies Private Limited

People of VNIR

2 people are tracked at VNIR (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of VNIR

Figures of Vnir Biotechnologies Private Limited, the primary company behind VNIR, for FY 2025. Revenue was ₹36.6 Lakh (-37% year on year). Net loss was -₹40.9 Lakh (-112% margin). EBITDA was -₹22.6 Lakh (-62% margin). Revenue has grown at a compounded annual rate of +39% over three years and +31% over five years.

  • ₹36.6 LakhRevenue · FY 2025 · -37% YoY
  • -₹40.9 LakhNet loss · -112% margin
  • -₹22.6 LakhEBITDA · -62% margin
  • ₹1.2 LakhPaid-up capital
  • +39%Revenue CAGR, 3 years
  • +31%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Vnir Biotechnologies Private Limited are on its company page.

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Detailed financial statements for VNIR

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Timeline of VNIR

4 dated milestones of VNIR across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded VNIR is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $285K.
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Related news about Vnir

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Frequently Asked Questions about VNIR

VNIR was founded in 2017.

VNIR is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

VNIR is a funded company, having raised a total of $724.46K across 5 funding rounds to date.

The primary company behind VNIR, Vnir Biotechnologies Private Limited, reported revenue of β‚Ή36.6 Lakh for FY 2025, down 37% year on year.

VNIR was founded in 2017 in Bengaluru, India, within the biotechnology sector. Infrared fluorescence-based imaging and diagnostic molecules are developed by the company for applications in live-cell imaging and early detection of conditions such as Alzheimers disease, malaria, and kidney failure. Probes that absorb green light and emit red light are utilized in ROS staining, mitochondria staining, and plant protoplast staining.

VNIR has 38 investors. Key investors include Startup Karnataka, Venkata Prashanth Gangu, Hari P Thadakamalla, Arvind Reddy Battula, and Jagadish B Mendu.

The valuation of VNIR is $4.28M as of Nov 2021.

VNIR operates through Vnir Biotechnologies Private Limited.

The legal entities of VNIR currently have 3 directors, including Govindaraju Thimmaiah, Jagadeesh Ramanna . Daler, Meher Kiran Prakash Ayalasomayajula.

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