How Much Did iGenetic Diagnostics Raise?
Funding & Key Investors

iGenetic Diagnostics, a prominent player in the next-generation diagnostics sector, has secured significant capital, with total funding reaching $20.5M. The company recently announced a major strategic investment of $19.5M, underscoring its robust growth trajectory and market potential in advanced pathological investigations.

What is iGenetic Diagnostics?

iGenetic Diagnostics
Healthcare ServicesMedical Laboratories & Imaging Centers

Headquartered in Mumbai, iGenetic Diagnostics is at the forefront of pathological investigations, offering a comprehensive suite of specialized cytogenetic and molecular tests. Their expertise spans oncology, critical care, gynaecology, and neurology, serving the Indian population through an accredited central laboratory and a network of facilities. With a test menu exceeding 1400 investigations, iGenetic Diagnostics is committed to integrating cutting-edge technologies to enhance diagnostic accuracy and accessibility.

How much funding has iGenetic Diagnostics raised?

iGenetic Diagnostics has raised a total of $20.5M across 2 funding rounds:

2016

Angel/Seed

$1M

2017

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

Manipal Education and Medical Group is a significant entity in India's education and healthcare sectors, operating multiple universities and healthcare facilities. Their investment likely aligns with a strategic interest in advancing medical diagnostics and research within India.

What's next for iGenetic Diagnostics?

The recent major strategic investment signals a pivotal phase for iGenetic Diagnostics, likely enabling expansion of its operational footprint, enhancement of its technological capabilities, and further development of its extensive test menu. This capital infusion is expected to accelerate the company's mission to introduce advanced diagnostic solutions tailored for the Indian demographic, solidifying its position as a leader in the healthcare diagnostics industry.

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Frequently Asked Questions Regarding iGenetic Diagnostics Financial Insights

What are the most recent funding rounds that iGenetic Diagnostics has completed, and what were the funding rounds?
iGenetic Diagnostics has recently completed 2 funding rounds: Private Equity on Feb 28, 2017, Angel/Seed on Jan 10, 2016.
What is the total amount of funding iGenetic Diagnostics has raised to date?
iGenetic Diagnostics has raised a total of $20.5M in funding to date.
How many funding rounds has iGenetic Diagnostics completed?
iGenetic Diagnostics has completed 2 funding rounds.
How much funding did iGenetic Diagnostics raise in its most recent funding round?
iGenetic Diagnostics raised $19.5M in its most recent funding round.
Who are the lead investors in iGenetic Diagnostics's latest funding round?
The lead investor in iGenetic Diagnostics's latest funding round was Manipal Education and Medical Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in iGenetic Diagnostics's history?
The largest funding round in iGenetic Diagnostics's history was $19.5M.
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