What is iGenetic Diagnostics?
Headquartered in Mumbai, iGenetic Diagnostics operates as a next-generation diagnostic powerhouse, specializing in a comprehensive suite of pathological investigations. The company's portfolio spans critical areas including oncology, critical care, gynaecology, and neurology, supported by a robust test menu exceeding 1,400 unique investigations. By maintaining an accredited central laboratory and a widespread network of collection centers, iGenetic Diagnostics serves as a vital link in the Indian healthcare ecosystem, prioritizing the integration of cutting-edge molecular technologies to improve diagnostic accuracy and patient outcomes.
How much funding has iGenetic Diagnostics raised?
iGenetic Diagnostics has raised a total of $20.5M across 2 funding rounds:
Angel/Seed
$1M
Private Equity
$19.5M
Angel/Seed (2016): $1M, investors not publicly disclosed
Private Equity (2017): $19.5M led by Manipal Education and Medical Group and CDC Group Plc
Key Investors in iGenetic Diagnostics
Manipal Education and Medical Group
A diversified conglomerate with deep roots in education and healthcare, focusing on socially relevant and affordable service delivery across India.
CDC Group Plc
A development finance institution that provides long-term capital to businesses in emerging markets to foster sustainable economic growth.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for iGenetic Diagnostics?
With the support of its strategic partners, iGenetic Diagnostics is well-positioned to accelerate its technological roadmap and expand its market penetration. The current funding context suggests a focus on scaling operational capacity and potentially diversifying its diagnostic offerings to address emerging clinical needs. As the company continues to refine its laboratory processes and diagnostic precision, it remains a key entity to watch in the evolving landscape of Indian medical diagnostics, particularly as it seeks to harmonize high-volume testing with specialized, high-complexity molecular analysis.
See full iGenetic Diagnostics company page