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Answer Genomics - About the company

Answer Genomics is a seed company based in Bengaluru (India), founded in 2018 by Andiyakkal Rajendran Balamurali, Rahul Ranganathan and Balamurali NA. It operates as an Online platform offering DNA-based recommendations for health and wellness. Answer Genomics has raised $534K in funding from Flamingo Digital and Inflection Point Ventures, with a current valuation of $*****. The company has 552 active competitors, including 83 funded and 25 that have exited. Its top competitors include companies like MyHeritage, 23andMe and Helix.

Company Details

Online platform offering DNA-based recommendations for health and wellness. The platform enables the user to monitor cardiovascular health, metabolic health, digestive health, musculoskeletal health, and others. It predicts the chance of HDL & LDL imbalance, predisposition of possible food allergies, vitamin & nutrition profile based on the individual genetic constituents analysis. The platform uses genomic data, medical history, blood reports, and lifestyle data to create customized health care plans as per the individual need.
Registered Address
45/3, GOPALA KRISHNA COMPLEX, RESIDENCY ROAD, OPP MG ROAD, Museum Road, Bangalore, Bangalore North, Karnataka, India, 560025
Key Metrics
Founded Year
2018
Location
Bengaluru, India
Stage
Seed
Total Funding
$534K in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 24, 2024
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
2 as on Jun 30, 2025
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Answer Genomics's funding and investors

Answer Genomics has raised a total funding of $534K over 2 rounds. Its first funding round was on Feb 06, 2021. Its latest funding round was a Seed round on Oct 05, 2023 for $*****. 1 investor participated in its latest round. Answer Genomics has 6 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Answer Genomics:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 05, 2023
9627698
Seed
4306243
9067749
5107298
8471158
Feb 06, 2021
6511061
Seed
9692558
6070523
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Answer Genomics' founders and board of directors

Founder? Claim Profile
The founders of Answer Genomics are Andiyakkal Rajendran Balamurali, Rahul Ranganathan and Balamurali NA. Rahul Ranganathan is the CEO of Answer Genomics.
Here are the details of Answer Genomics' key team members:

Answer Genomics' Board of Directors

Answer Genomics's board has 2 active members. Andiyakkal Rajendran Balamurali and Rahul Ranganathan are part of team.
Here is the list of Answer Genomics' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 9m
lkqctmm
Team
-
Past
3y 6m

Answer Genomics' employee count trend

Answer Genomics has 2 employees as of Jun 25. The total employee count is 71.0% lower than what it was in Jun 24. Here is Answer Genomics's employee count trend over the years:
Employee count trend for Answer Genomics
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Answer Genomics's Competitors and alternates

Top competitors of Answer Genomics include MyHeritage, 23andMe and Helix. Here is the list of Top 10 competitors of Answer Genomics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for MyHeritage
MyHeritage
2003, Yehud (Israel), Acquired
Provider of tools for creating family trees and exploring ancestry
$49M
77/100
2nd
Logo for 23andMe
23andMe
2006, Sunnyvale (United States), Acquired
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits
$944M
74/100
3rd
Logo for Helix
Helix
2015, San Francisco (United States), Series E
Provider of a genomic database for clinical research
$435M
73/100
4th
Logo for Color
Color
2013, Burlingame (United States), Series E
Provider of end-to-end Virtual clinic offering cancer-based solutions
$491M
66/100
5th
Logo for Nucleus Genomics
Nucleus Genomics
2021, Manhattan (United States), Series A
Provider of genetic testing kits for rare variant analysis
$32M
62/100
6th
Logo for MyOme
MyOme
2017, San Carlos (United States), Series B
Provider of a platform for gene analysis to determine genetic diseases and drug response
$36M
61/100
7th
Logo for GenePlanet
GenePlanet
2008, Ljubljana (Slovenia), Series B
Genetics-based health and fitness recommendations
$34M
60/100
8th
Logo for Dante Labs
Dante Labs
2016, New York City (United States), Seed
Provider of whole-genome sequencing analysis for health and wellness
-
57/100
9th
Logo for Genomind
Genomind
2009, King Of Prussia (United States), Series C
Developer of genetic tests for personalised medicines to enhance mental health treatment
$64.4M
56/100
10th
Logo for Veritas Genetics
Veritas Genetics
2014, Danvers (United States), Acquired
Provider of genetic testing products
$53.4M
55/100
74th
Logo for Answer Genomics
Answer Genomics
2018, Bengaluru (India), Seed
Online platform offering DNA-based recommendations for health and wellness
$534K
33/100
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Answer Genomics's Latest cap tables and shareholding

Founders (largest shareholder) own 56.30%, Funds own 10.62%, Enterprises own 4.23% and Angels own 16.51%. The net worth of Answer Genomics's founders is INR 17.2Cr as of Aug 10, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
56.30%
17.2Cr
7278928
6032831
9316029
1991491
5373563
2760869
7197480
1253168
1391543
5781301
7233322
7161708
3921710
5723496
8772260
9592148
Fund
10.62%
3.24Cr
4994319
4585823
9058340
6631283
Enterprise
4.23%
1.29Cr
4482
2008
3404
7386
Angel
16.51%
5.03Cr
6374177
3086716
4641870
9907655
0
0
0
0
0
0
Other People
3.15%
96.1L
439
655
938
933
ESOP Pool
9.20%
2.8Cr
7922838
3493231
9922935
6545109
Total
100.00%
30.5Cr
4353101
5311535
7886036
6048641
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Answer Genomics's Shareholding

Answer Genomics's Investments and acquisitions

Answer Genomics has made no investments or acquisitions yet.

Reports related to Answer Genomics

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