Xact Diagnotek

Chennai, India Founded: 2019 • Age: 7 yrs
Biotechnology company offering protein engineering, diagnostics, and reagent development services.

About Xact Diagnotek

Xact Diagnotek is a Healthcare company based in Chennai (India) founded in 2019. Biotechnology company offering protein engineering, diagnostics, and reagent development services. It operates on a B2B and OEM Contracts model. Its Indian entity Xact Diagnotek Private Limited reported revenue of β‚Ή16.1 Lakh. Xact Diagnotek offers products and services including Xact InstaCoat, NuPro Clean, Xact Tth Ligase, and ApiOne Biofilm Cleanser. Its focus areas include Biotechnology, Diagnostics, In-vitro Testing and Protein Engineering. Its competitors include Syngene, Piramal Group and Panacea Biotec; 1 of its 3 listed competitors has raised funding.

Company details

Xact Diagnotek is a research-driven biotechnology firm that delivers contractual services in protein and enzyme engineering, diagnostics, and reagent development for biomedical and pharmaceutical sectors. They operate from offices in Secunderabad and Chennai, India, with a global partner in Sweden. The company employs skilled scientists and experts to create high-quality products and assist in life sciences projects, focusing on innovation and market expansion through mergers.

Key Metrics
  • Annual Revenue
    ₹16.1 Lakh

    FY 2024 · +429% YoY

  • Net Loss
    -₹7 Lakh

    FY 2024 · -43% margin

  • EBITDA
    -₹5.9 Lakh

    FY 2024 · -36% margin

Products & Services of Xact Diagnotek

Xact Diagnotek offers a comprehensive portfolio of products and services, including Xact InstaCoat, NuPro Clean, Xact Tth Ligase, and ApiOne Biofilm Cleanser.

Xact InstaCoat
Reagent

Coating product for biomedical applications and testing.

NuPro Clean
Disinfectant

Hygiene product for personal and industrial disinfection.

Xact Tth Ligase
Enzyme

Thermostable ligase for rapid diagnostic processes.

ApiOne Biofilm Cleanser
Cleanser

Solution for removing biofilms in various applications.

Board of directors of Xact Diagnotek Private Limited (Xact Diagnotek)

Xact Diagnotek Private Limited is the primary company behind Xact Diagnotek. The board of Xact Diagnotek Private Limited currently have 3 directors; the longest-serving is Pavankumar Asalapuram Ramachandran, appointed in 2018. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Pavankumar Asalapuram Ramachandran
DIN 06959121
Director13 Nov 20187 yrs 11 moXact Diagnotek Private Limited
Nikhil Sangith
DIN 09552054
Director29 Mar 20224 yrs 7 moXact Diagnotek Private Limited
Raghavendra Goud Vaggu
DIN 08730399
Director13 Aug 20224 yrs 2 moXact Diagnotek Private Limited

People of Xact Diagnotek

1 people are tracked at Xact Diagnotek (1 in leadership).

NameRoleGroup
Pavan Asalapuram
Founder & ChairmanLeadership
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Financials of Xact Diagnotek

Figures of Xact Diagnotek Private Limited, the primary company behind Xact Diagnotek, for FY 2024. Revenue was ₹16.1 Lakh (+429% year on year). Net loss was -₹7 Lakh (-43% margin). EBITDA was -₹5.9 Lakh (-36% margin).

  • ₹16.1 LakhRevenue · FY 2024 · +429% YoY
  • -₹7 LakhNet loss · -43% margin
  • -₹5.9 LakhEBITDA · -36% margin
  • ₹1 LakhPaid-up capital

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

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Detailed financial statements for Xact Diagnotek

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Competitors of Xact Diagnotek

Xact Diagnotek has 3 listed competitors in our database, 1 of them funded. They include Syngene, Piramal Group and Panacea Biotec.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
syngeneintl.com1993Bengaluru, India$85.89M5,618
Provider of contract research and manufacturing services for both small molecules and biologics
piramal.com1984Mumbai, India204
Multinational conglomerate with diverse interests in Pharma, Financial Services and Real Estate
panaceabiotec.com1984Ambala, India2,095
Developer of biosimilars, vaccines and natural products
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Frequently Asked Questions about Xact Diagnotek

Xact Diagnotek was founded in 2019.

Xact Diagnotek is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

The primary company behind Xact Diagnotek, Xact Diagnotek Private Limited, reported revenue of β‚Ή16.1 Lakh for FY 2024, up 429% year on year.

Xact Diagnotek is a research-driven biotechnology firm that delivers contractual services in protein and enzyme engineering, diagnostics, and reagent development for biomedical and pharmaceutical sectors. They operate from offices in Secunderabad and Chennai, India, with a global partner in Sweden. The company employs skilled scientists and experts to create high-quality products and assist in life sciences projects, focusing on innovation and market expansion through mergers.

Xact Diagnotek's top competitors include Syngene, Panacea Biotec and Piramal Group.

Xact Diagnotek offers Xact InstaCoat, NuPro Clean, Xact Tth Ligase, and ApiOne Biofilm Cleanser.

Xact Diagnotek operates through Xact Diagnotek Private Limited.

The legal entities of Xact Diagnotek currently have 3 directors, including Nikhil Sangith, Raghavendra Goud Vaggu, Pavankumar Asalapuram Ramachandran.

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