Vipragen Biosciences Private Limited

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Vipragen Biosciences Private Limited - overview

Established

2012

Location

Bangalore, Karnataka, India

Primary Industry

Biotechnology

About

Based in Bengaluru, India, and founded in 2012, Vipragen Biosciences Private Limited provides CRO with technology integration. The company was founded by Dr. S. Chandrashekaran.


In August 2023, the firm raised an amount of venture funding from returning investor Karnataka Asset Management Company and investor Conscience MFO LLP. The company provides end-to-end regulatory preclinical services to pharmaceutical, biotechnology, veterinary, nutraceutical, and herbal companies, academic institutions, and research organizations for both domestic and international markets. Preclinical services provided by the company adhere to OECD GLP, ISO, WHO, USFDA, USEPA, and Pharmacopoeia (US, India, Japan, Europe, and British) standards and guidelines. The company plans to use the August 2023 funding to enhance its operations and expand into new sectors.


Current Investors

Karnataka Asset Management Company, Conscience MFO LLP

Primary Industry

Biotechnology

Sub Industries

Biotechnology

Website

www.vipragen.com

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Vipragen Biosciences Private Limited - timeline of key events

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Vipragen Biosciences Private Limited - financials

Fiscal Year EndedMar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)1,114,56510,151,85513,721,58518,326,27231,591,119.426,598,42018,469,50618,970,00628,181,573---
% Revenue Growth (YoY)-810.8%35.2%33.6%72.4%(15.8%)(30.6%)2.7%48.6%---
EBITDA (USD)(1,659,461)(1,562,031)(5,231,825)(5,627,325)5,832,459.62,611,230.1(6,500,488.9)(4,940,642)1,843,001---
Operating Income (USD)(1,808,277)(3,739,270)(7,267,365)(7,735,460)3,493,930.4129,763.7(9,175,258.7)(7,866,272)(1,930,072)---
Operating Margin(162.2%)(36.8%)(53.0%)(42.2%)11.1%0.5%(49.7%)(41.5%)(6.8%)---
% EBITDA Margin(148.9%)(15.4%)(38.1%)(30.7%)18.5%9.8%(35.2%)(26.0%)6.5%---
NET Income (USD)(2,108,964)(4,017,475)(8,127,570)(8,760,834)1,543,606.9456,802.2(9,793,342.6)(9,554,803)(3,748,772)---
% Net Margin(189.2%)(39.6%)(59.2%)(47.8%)4.9%1.7%(53.0%)(50.4%)(13.3%)---

Vipragen Biosciences Private Limited - employee data

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