WeInnovate Biosolutions

Pune, India Founded: 2016 • Age: 10 yrs
Antimicrobial medical devices are provided for infection prevention and control.
Annual revenue $54,211 Latest available
Total funding $568,163 2 rounds
Employees 6 Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 5 Brand Intelligence

About WeInnovate Biosolutions

WeInnovate Biosolutions is a company based in Pune (India) founded in 2016 by Milind Choudhari and Anupama Engineer. WeInnovate Biosolutions has raised $568.16 thousand across 2 funding rounds from investors including DERBI Foundation, Chiratae Ventures and The Venture Center. The company has 6 employees as of April 11, 2024. WeInnovate Biosolutions offers products and services including NanoAgCide and Silvoguard. WeInnovate Biosolutions operates in a competitive market with competitors including LipoCoat, Endomimetics, Wissenkraft Labs and Solar Sharc, among others.

  • Headquarter Pune, India
  • Employees 6 as on 11 Apr, 2024
  • Founders Milind Choudhari, Anupama Engineer
  • Stage Minicorn
  • Sectors
    Chemicals & Materials
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Weinnovate Biosolutions Private Limited
  • Date of Incorporation 11 Mar, 2016
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Chemicals & Materials → Industrial & Technical Services Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $54.21 K (USD)
    397.33
    as on Mar 31, 2022
  • Net Profit
    -$160.3 K (USD)
    -9.83
    as on Mar 31, 2022
  • EBITDA
    -$168.04 K (USD)
    -7.75
    as on Mar 31, 2022
  • Total Equity Funding
    $568.16 K (USD)

    in 2 rounds

  • Latest Funding Round
    $494.83 K (USD), Seed

    Aug 14, 2020

  • Investors
  • Employee Count
    6

    as on Apr 11, 2024

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Products & Services of WeInnovate Biosolutions

WeInnovate Biosolutions offers a comprehensive portfolio of products and services, including NanoAgCide and Silvoguard.

Product name locked
Category locked
Primary

Broad spectrum antimicrobial colloidal silver API for infection prevention.

Product name locked
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Silver nanoparticles for transforming infection control in healthcare devices.

Funding Insights of WeInnovate Biosolutions

WeInnovate Biosolutions has successfully raised a total of $568.16K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $494.83 thousand completed in August 2020. 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 WeInnovate Biosolutions

WeInnovate Biosolutions has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include DERBI Foundation, Chiratae Ventures and The Venture Center.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund focused on seed-stage startups
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Support for innovation and entrepreneurship through incubation programs in Bangalore.
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Entrepreneur support services, accelerator programs, and mentorship in technology sectors.
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Investments & Acquisitions by WeInnovate Biosolutions

Investments
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Investment portfolio details for WeInnovate Biosolutions

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Financial Statements - WeInnovate Biosolutions

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Detailed financials for WeInnovate Biosolutions

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Weinnovate Biosolutions Comparisons

WeInnovate Biosolutions Primary company
Description
Antimicrobial medical devices are provided for infection pre...
Location
Pune, India
Founded Year
2016
Annual Revenue
$54.21 K (USD)
Net Profit
-$160.3 K (USD)
EBITDA
-$168.04 K (USD)
Employees
6
As of 2024
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Peer comparison for WeInnovate Biosolutions

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Competitors of WeInnovate Biosolutions

WeInnovate Biosolutions 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 LipoCoat, Endomimetics, Wissenkraft Labs and Solar Sharc, among others.

Company Name Domain Founded year HQ Location Description
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Hydrophilic bioinspired coatings for medical devices are developed.
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Bio-nanometric coatings for medical implants are developed.
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Advanced surface coatings for biomedical and engineering uses are provided.
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Develops advanced coatings for solar panel protection against contamination and soiling.
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Detailed competitors of WeInnovate Biosolutions

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Latest news on Weinnovate Biosolutions

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Complete news archive for WeInnovate Biosolutions

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Frequently Asked Questions about WeInnovate Biosolutions

WeInnovate Biosolutions was founded in 2016.

WeInnovate Biosolutions is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Milind Choudhari is the current CEO of WeInnovate Biosolutions. They have also founded this company.

WeInnovate Biosolutions is a funded company, having raised a total of $568.16K across 2 funding rounds to date.

As of Apr 11, 2024, the latest employee count at WeInnovate Biosolutions is 6.

Annual revenue of WeInnovate Biosolutions is $54.21K as on Mar 31, 2022.

Founded in 2016 in Pune, India, antimicrobial medical devices are developed for infection prevention and control within the healthcare sector. Nanoparticle-based products and guards are offered to reduce hospital-acquired infections. Solutions for healing diabetic foot ulcers and other wounds are included, alongside diagnostic tools for antimicrobial susceptibility testing. A technology service platform is provided for formulating smart materials-assisted products. Operations cover infection prevention, diagnostics, and broader healthcare solutions.

WeInnovate Biosolutions's top competitors include Endomimetics, LipoCoat and Wissenkraft Labs.

WeInnovate Biosolutions offers NanoAgCide and Silvoguard.

WeInnovate Biosolutions has 4 investors. Key investors include DERBI Foundation, Chiratae Ventures, The Venture Center, and Venture Center.

The valuation of WeInnovate Biosolutions is $2.1M as of Aug 2020.

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