🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Eight Roads-backed PlasmaGen Biosciences nets $27 mn in fresh funding

VCCircle

VCCircle · 2y ago

Eight Roads-backed PlasmaGen Biosciences nets $27 mn in fresh funding

Bengaluru-based biopharmaceutical company PlasmaGen Biosciences has raised $27 million in funding from investors including Artian Investments, Ashish Kacholia, and existing investors Eight Roads Ventures and F-Prime Capital. The funds will be used to expand internationally, develop products, and support working capital requirements. PlasmaGen sells blood plasma-derived pharmaceutical products, such as albumin and immunoglobulins, in India and other emerging markets. The company recently inaugurated a manufacturing facility in Bengaluru with the capacity to process 500,000 liters of plasma annually.

Related News

Eight Roads-backed PlasmaGen Biosciences raises Rs 150 crore at Rs 1,500 crore valuation - The Economic Times

Economic Times

Economic Times · 3d ago

Eight Roads-backed PlasmaGen Biosciences raises Rs 150 crore at Rs 1,500 crore valuation - The Economic Times

PlasmaGen Biosciences raised Rs 150 crore in a funding round led by ViNS Bioproducts, with a company valuation of over Rs 1,500 crore. The funding will support international expansion, product portfolio growth, and manufacturing enhancements. With a newly launched plasma fractionation facility, PlasmaGen aims to strengthen its operations and enter overseas markets. Backed by Eight Roads Ventures, the company reports strong revenue growth and is focusing on building a world-class, India-based plasma biopharmaceutical platform.

PlasmaGen Biosciences raises Rs 150 Cr led by ViNS Bioproducts

Entrackr

Entrackr · 3d ago

PlasmaGen Biosciences raises Rs 150 Cr led by ViNS Bioproducts

Snippets PlasmaGen Biosciences raises Rs 150 Cr led by ViNS Bioproducts Bengaluru-based biopharma company PlasmaGen Biosciences has raised Rs 150 crore led by ViNS Bioproducts along with participation from high-net-worth individuals, family offices, pharma entrepreneurs, and existing investors. The startup is backed by Eight Road Ventures secured the funding at a valuation of over Rs 1,500 crore. PlasmaGen has mopped up over Rs 600 crore in funding to date from Fidelity's FIL Capital Investments, Eight Roads Ventures, F-Prime Capital, and others. The proceeds will be used to scale international operations, expand the product portfolio, and strengthen manufacturing and leadership capabilities, PlasmaGen Biosciences said in a press release. Founded in 2010, PlasmaGen Biosciences focuses on producing and marketing plasma-derived therapies like Immunoglobulin, Albumin, and clotting factors to bridge India's demand-supply gap for these critical medicines, operating a modern fractionation plant in Kolar, Karnataka, and serving neurology, hematology, and critical care, aiming for self-reliance in plasma products. According to PlasmaGen, it has identified distribution partners in key export geographies and is in the process of securing regulatory approvals to begin international sales. India continues to remain a key market for the firm, which is expanding its services across hospitals and physicians through a cold-chain-backed distribution network. PlasmaGen says that it began commercial operations in 2024 at its plasma fractionation facility in Kolar, near Bengaluru. The company asserts that the setup is among only five such facilities in the country and claims that it is the first pure-play plasma biopharma player, has reported strong revenue growth since launch of operations at Kolar and is now preparing to enter overseas markets.

Daily Indian Funding Roundup & Key News – 22nd December 2025

StartupTalky

StartupTalky · 3d ago

Daily Indian Funding Roundup & Key News – 22nd December 2025

India's startup ecosystem witnessed notable funding activities on December 22, 2025. PowerUp Money raised $12 million to enhance its wealthtech services, and PlasmaGen Biosciences secured INR 150 crore to expand its plasma therapy portfolio. Dugar Finance obtained $18 million through a debt round to augment MSME lending, while Axiado Corporation acquired $100 million+ to enhance AI data-center security solutions. Additionally, Urban Company received a significant GST notice, underscoring ongoing compliance challenges.

Eight Roads Ventures, F-Prime investing $14 mn in Laurus Labs unit

VCCircle

VCCircle · 1y ago

Eight Roads Ventures, F-Prime investing $14 mn in Laurus Labs unit

Indian pharmaceutical company Laurus Labs is securing equity funding of INR 120 crore ($14.2 million) from global venture capital firm Eight Roads Ventures and F-Prime Capital for its biotech unit, Laurus Bio. Laurus Labs will also invest an additional INR 40 crore in the unit. The investment will support Laurus Bio's expansion of fermentation-based manufacturing capabilities and drive growth opportunities in manufacturing and R&D infrastructure. Following the transaction, Laurus Labs, Eight Roads Ventures, and the promoters of Laurus Bio will hold stakes of 75%, 14%, and 9%, respectively. Laurus Labs entered the biotech sector in 2020 through acquiring a majority stake in Richcore Lifesciences, later renamed Laurus Bio.

Everstage Snags $30 Mn To Automate Sales Commission Processes

Inc42 · 1y ago

Everstage Snags $30 Mn To Automate Sales Commission Processes

Everstage, a commission management platform for enterprises, has raised funding in a round led by Eight Roads Ventures. Existing investors Elevation Capital and 3one4 Capital also participated. The funds will be used for product innovation and enhancing customer services. Everstage's platform helps businesses track their commission earnings. The company was founded in 2020.

Fraud Detection Startup IDfy Nets $27 Mn For Expansion

Inc42 · 1y ago

Fraud Detection Startup IDfy Nets $27 Mn For Expansion

IDfy, an online fraud detection platform, has secured $27 million in a Series E funding round led by Elev8, with participation from KB Investment and Tenacity Ventures. IDfy provides background verification services and helps businesses eliminate fraud using AI-driven predictive analytics. The platform claims to have served over 1,500 clients across various sectors and conducts over 2 million verifications per day. The funding will be used to support the company's expansion plans and product development efforts.

Infinity Fincorp Nets Additional $8Mn For MSME Credit Accessibility

Inc42 · 1y ago

Infinity Fincorp Nets Additional $8Mn For MSME Credit Accessibility

Mumbai-based non-banking financial company (NBFC) Infinity Fincorp Solutions has raised an additional $8m in funding from Archerman Capital. This brings the total raised in the funding round to $34m. Infinity plans to use the fresh funds to increase credit accessibility for micro-entrepreneurs and small businesses in Tier III and IV cities across India. The company currently operates 88 branches across eight states and has a total loan book of INR800 crore ($100m) across more than 20,000 customers.

Exponent gets $26 mn to push adoption

The Arc Web

The Arc Web · 2y ago

Exponent gets $26 mn to push adoption

Exponent Energy, a developer of rapid EV charging solutions, has secured $26.4 million in a funding round led by Eight Roads Ventures. The funding will be used to increase adoption of its fast-charging battery packs, which are currently compatible with electric three-wheelers made by Altigreen. Exponent also plans to expand its network of charging stations and establish a new manufacturing plant. The startup aims to persuade more OEMs to adopt its batteries and attract backers for charging infrastructure.

Shadowfax Raises $100 Mn To Expand Its Last Mile Delivery Services

Inc42 · 1y ago

Shadowfax Raises $100 Mn To Expand Its Last Mile Delivery Services

Logistics services startup Shadowfax has raised $100 million in Series E funding led by TPG NewQuest, with participation from existing investors including Flipkart, International Finance Corporation, and Qualcomm. This funding round also allowed Eight Roads Ventures, an early investor in the company, to partially exit. Shadowfax plans to use the capital to strengthen its middle-mile network and expand its last-mile delivery services. The startup, founded in 2015, operates across 15,000 pin codes in India and processes 1.5 million orders per day.

SolarSquare Nets $4.2 Mn To Scale Up Its Solar Tech Portfolio

Inc42 · 1y ago

SolarSquare Nets $4.2 Mn To Scale Up Its Solar Tech Portfolio

Indian solar solutions startup SolarSquare has secured $4.2 million in fresh funding from investors including Zerodha Technology, Gruhas Proptech, Lowercarbon Capital, and Good Capital. The funds will be used for expansion, working capital, and general corporate purposes. The startup offers full-stack solutions for designing, installing, and financing rooftop solar systems. Despite an increase in net losses from INR 8 crore to INR 30 crore, SolarSquare saw its revenue surge from INR 81 crore to INR 107 crore in FY23. The company has now raised a total of $16.05 million in funding.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

Sept 2025

Your Health, Simplified with Smart Care

An ecosystem for curated creative partnerships

Your Health our Priority.

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

OYO’s parent PRISM gets sharehold ...

‘Oops! Something went wrong’: Rap ...

Carjacking in Seattle on Christma ...

Download the medial app to read full posts, comements and news.