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.
- Website
- answergenomics.in
- 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
Investors
Ranked
74th among 552 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
2 as on Jun 30, 2025
Legal entities associated with Answer Genomics
Answer Genomics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Answer Genomics Private Limited CIN: U73100KA2018PTC184492 , India, Active | Dec 13, 2018 | 0 - ₹10 Cr (As on Mar 31, 2025) | 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 |
View details of Answer Genomics's funding rounds and investors
Answer Genomics' founders and board of directors
Founder? Claim ProfileThe 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:
- Andiyakkal Rajendran Balamurali: Co-Founder & CTO of Answer Genomics. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 phone number
- Rahul Ranganathan: Co-Founder & CEO of Answer Genomics and founder of 2 other companies, Answer Genomics and NuGenomic. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Balamurali NA: Co-Founder & CTO of Answer Genomics and founder of 2 other companies, Answer Genomics and NuGenomic. They are also an angel investor in 1 startup and serve on the board of 1 company.
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 |
View details of Answer Genomics's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | MyHeritage 2003, Yehud (Israel), Acquired | Provider of tools for creating family trees and exploring ancestry | $49M | 77/100 | |
2nd | 23andMe 2006, Sunnyvale (United States), Acquired | Provider of genetic test solutions to study ancestry, genealogy, and inherited traits | $944M | 74/100 | |
3rd | Helix 2015, San Francisco (United States), Series E | Provider of a genomic database for clinical research | $435M | 73/100 | |
4th | Color 2013, Burlingame (United States), Series E | Provider of end-to-end Virtual clinic offering cancer-based solutions | $491M | 66/100 | |
5th | Nucleus Genomics 2021, Manhattan (United States), Series A | Provider of genetic testing kits for rare variant analysis | $32M | 62/100 | |
6th | 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 | GenePlanet 2008, Ljubljana (Slovenia), Series B | Genetics-based health and fitness recommendations | $34M | 60/100 | |
8th | Dante Labs 2016, New York City (United States), Seed | Provider of whole-genome sequencing analysis for health and wellness | - | 57/100 | |
9th | 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 | Veritas Genetics 2014, Danvers (United States), Acquired | Provider of genetic testing products | $53.4M | 55/100 | |
74th | 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 Investments and acquisitions
Answer Genomics has made no investments or acquisitions yet.
Reports related to Answer Genomics
Here is the latest report on Answer Genomics's sector:
News related to Answer Genomics
•
Answer Genomics raised INR 4.16 Cr in a pre-Series A round from early-stage investor Inflection Point Ventures.Enablers•Oct 05, 2023•Answer Genomics, Inflection Point Ventures, India Accelerator
•
India Accelerator, Lyxel&Flamingo invest in Answer GenomicsIndiaMedToday•Jun 25, 2021•Answer Genomics, India Accelerator, Lyxel&Flamingo
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