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Biosense - About the company

Biosense is an acquired company based in Mumbai (India), founded in 2008 by Yogesh Patil, Aman Midha and Darshan Hammanna Nayak. It operates as a Developer of diagnostic devices for multiple diseases. Biosense has raised $3.94M in funding from investors like Insitor Partners, Menterra Venture Advisors and GSF, with last known valuation of $*****. The company has 115 active competitors, including 14 funded and 18 that have exited. Its top competitors include companies like i-SENS, Beurer UK and Ascensia.

Company Details

Developer of diagnostic devices for multiple diseases. The products include SuChek helps to track blood sugar levels. The uChek is a platform technology for urine analysis and blood sugar tests. Another product ToucHb is a needle-free anemia screening tool that can estimate hemoglobin and determine oxygen saturation and heart rate without needles.
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Registered Address
Gitanjali, Tulip Block, Dr. Antonio Do Rego Bagh, Alto Santacruz, Bambolim, Complex P.O., Goa - 403 202, INDIA, Bambolim Complex, North Goa, Tiswadi, Goa, India, 403202
Key Metrics
Founded Year
2008
Location
Mumbai, India
Stage
Acquired
Total Funding
$3.94M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jan 09, 2018
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
98 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Tulip Diagnostics (Nov 15, 2019)

Biosense's acquisition details

Biosense got acquired by Tulip Diagnostics on Nov 15, 2019.
Click here to take a look at Biosense's acquisition in detail
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Biosense's funding and investors

Biosense has raised a total funding of $3.94M over 5 rounds. Its first funding round was on Jan 07, 2013. Its latest funding round was a Seed round on Apr 11, 2018 for $*****. 2 investors participated in its latest round. Biosense has 16 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of Biosense:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 11, 2018
2350379
Seed
1146192
1693801
9462712
5864458
Oct 19, 2017
7124737
Seed
2033493
6464734
6516552
Dec 09, 2014
7426927
Seed
5941184
2973775
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Biosense's founders and board of directors

Founder? Claim Profile
The founders of Biosense are Yogesh Patil, Aman Midha and Darshan Hammanna Nayak.
Here are the details of Biosense's key team members:

Biosense's Board of Directors

Biosense's board has 4 active members. Deepak Gurushankar Tripathi, Alok Kumar, Narendra Makkar and Narendranath Sharatchandra Bhat are independent board members.
Here is the list of Biosense's board of directors:
Name
Type
Representing
Status
Duration
vfrjcab
Team
-
Past
4y 7m
yabxgsk
Team
-
Past
9y 8m
glmsrnc
Team
-
Past
8y 9m
uhsgvmd
Team
-
Past
4y 3m
zjjcbhg
Team
-
Past
8y 3m
tmqks{w
Investor
tdoawmc
Past
7y 2m
auqjewx
Investor
ownmkju
Past
6y 9m
Independent board member
-
Current
6y 11m
vlrnq{t
Independent board member
-
Current
3y 4m
suozlki
Independent board member
-
Current
2y 5m
mcuibuw
Independent board member
-
Past
3y 7m
qhpc{{d
Independent board member
-
Past
8y 9m
ftpqwak
Independent board member
-
Past
9y 7m
pyzzokf
Independent board member
-
Past
8y 4m

Biosense's employee count trend

Biosense has 98 employees as of Sep 26. Here is Biosense's employee count trend over the years:
Employee count trend for Biosense
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Biosense's Competitors and alternates

Top competitors of Biosense include i-SENS, Beurer UK and Ascensia. Here is the list of Top 10 competitors of Biosense, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for i-SENS
i-SENS
2000, Zhangjiagang (China), Public
Developer of blood glucose monitoring and clinical chemistry analyzers
-
61/100
2nd
Logo for Beurer UK
Beurer UK
1999, Ulm (Germany), Funding Raised
Developer of medical products and consumer devices
-
57/100
3rd
Logo for Ascensia
Ascensia
2013, Basel (Switzerland), Unfunded
Developer of glucose monitoring systems and diabetes management software
-
-
56/100
4th
Logo for Telcare
Telcare
2008, Bethesda (United States), Acquired
Cellular technology and social networking to tackle diabetes
$66.7M
55/100
5th
Logo for Smart Meter
Smart Meter
2009, Tampa (United States), Unfunded
Cloud-based remote patient monitoring solutions for healthcare providers
-
-
53/100
6th
Logo for Biosense
Biosense
2008, Mumbai (India), Acquired
Developer of diagnostic devices for multiple diseases
$3.94M
49/100
7th
Logo for Trividia Health
Trividia Health
1985, Fort Lauderdale (United States), Acquired
Innovative diabetes solutions provider dedicated to healthier lives through affordable products
-
49/100
8th
Logo for Kriya
Kriya
2006, Chennai (India), Series A
Developer of health care products for diagnosis and treatment
$4.5M
48/100
9th
Logo for LifeScan
LifeScan
1996, Chesterbrook (United States), Acquired
Innovating diabetes management solutions, empowering healthier lives through technology and partnerships
-
47/100
10th
Logo for Sinocare
Sinocare
2002, Changsha (China), Funding Raised
Develops and markets POC devices
-
45/100
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Financials of BiosenseFY 25 Available

BIOSENSE TECHNOLOGIES PRIVATE LIMITED, the legal entity associated with Biosense, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of BIOSENSE TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 4% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
4153
1590
7048
3488
1691
Total Sales
2656
5652
9772
5516
6194
Total Expenses
6005
7377
8452
5366
6020
Operating Expenses
3033
2281
5436
4739
5997
Employee Expenses
3890
3407
5796
6133
6308
Operating Income (EBIT)
4755
8431
3178
1790
4057
Interest Expenses
2658
6415
9463
9694
5758
Expenses from other activities
2180
3846
4225
8102
6612
EBITDA
9684
3730
1109
4473
2435
Taxes
5736
9306
1552
7421
2249
Net Profit
9055
3613
7709
9412
7491
Balance Sheet
Assets
2963
1732
2473
3347
7845
Accounts Receivables
4977
1494
9885
5555
7805
Inventory
7732
5098
7934
4304
9373
Liabilities
2035
4729
8714
3488
4813
Total Debt
7046
9176
8060
5174
8979
Accounts Payable
1231
6280
2555
2513
4277
Equities
3315
2289
1584
2257
8676

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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of this entity
$10.99$2.53(excl. taxes)
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What documents will you get?
  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
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  • Audited Financial Statement (AOC-4), Shareholding Pattern

Biosense's Latest cap tables and shareholding

Founders (largest shareholder) own 77.97%, Funds own 15.48%, Enterprises own 0.61% and Angels own 5.93%. The net worth of Biosense's founders is INR 16Cr as of Dec 09, 2014. The cap table displayed below is for BIOSENSE TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Biosense.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
77.97%
16Cr
1784374
6200570
1475007
9779215
2799975
6409131
4364694
8020469
9031801
8561110
3067808
8639071
6002263
8375785
5923843
9059009
1
7
2
7
4
5
Fund
15.48%
3.17Cr
1124039
2363778
1686453
3933260
2203011
8562032
7187432
5926642
8050333
7340310
Enterprise
0.61%
12.6L
0
0
0
0
Angel
5.93%
1.22Cr
16299
15528
73659
36575
0
0
0
0
0
0
Total
100.00%
20.5Cr
5257490
3677672
2530024
8757206
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Biosense's Investments and acquisitions

Biosense has made no investments or acquisitions yet.

Reports related to Biosense

Here is the latest report on Biosense's sector:

News related to Biosense

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