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.
- Website
- biosense.in
- 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
Investors
Ranked
6th among 115 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
98 as on Sep 30, 2026
Exit Details
Acquired by Tulip Diagnostics (Nov 15, 2019)
Legal entities associated with Biosense
Biosense is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Revvity Holding Luxembourg S.A.R.L. CIN: B150464 , Luxembourg, Active | Jan 08, 2010 | - | - | - |
TULIP DIAGNOSTICS PRIVATE LIMITED CIN: U85195GA1988PTC005717 , India, Active | Dec 14, 1988 | ₹500 - ₹1,000 Cr (As on Mar 31, 2024) | 1443 (As on Apr 01, 2026) | |
BIOSENSE TECHNOLOGIES PRIVATE LIMITED CIN: U85100MH2008PTC188729 , India, Active | Dec 05, 2008 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 57 (As on Dec 31, 2024) |
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
Sign up to download Biosense's company profile
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:
Filter 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 |
View details of Biosense's funding rounds and investors
Biosense's founders and board of directors
Founder? Claim ProfileHere are the details of Biosense's key team members:
- Yogesh Patil: Former Co-Founder & Director of Biosense. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 1 email address
- Aman Midha: Creative Director (Co-founder) of Biosense. They serve on the board of 1 company.Contact Info: 1 phone number
- Darshan Hammanna Nayak: Co-Founder of Biosense. They serve on the board of 1 company.
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 |
View details of Biosense's Founder profiles and Board Members
Biosense's employee count trend
Biosense has 98 employees as of Sep 26. Here is Biosense's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of blood glucose monitoring and clinical chemistry analyzers | - | 61/100 | ||
2nd | Developer of medical products and consumer devices | - | 57/100 | ||
3rd | Ascensia 2013, Basel (Switzerland), Unfunded | Developer of glucose monitoring systems and diabetes management software | - | - | 56/100 |
4th | Telcare 2008, Bethesda (United States), Acquired | Cellular technology and social networking to tackle diabetes | $66.7M | 55/100 | |
5th | Smart Meter 2009, Tampa (United States), Unfunded | Cloud-based remote patient monitoring solutions for healthcare providers | - | - | 53/100 |
6th | Developer of diagnostic devices for multiple diseases | $3.94M | 49/100 | ||
7th | Trividia Health 1985, Fort Lauderdale (United States), Acquired | Innovative diabetes solutions provider dedicated to healthier lives through affordable products | - | 49/100 | |
8th | Developer of health care products for diagnosis and treatment | $4.5M | 48/100 | ||
9th | LifeScan 1996, Chesterbrook (United States), Acquired | Innovating diabetes management solutions, empowering healthier lives through technology and partnerships | - | 47/100 | |
10th | Develops and markets POC devices | - | 45/100 |
Looking for more details on Biosense's competitors? Click here to see the top ones
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)
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
•
Biosense Technologies Grabs $1 Million from Menterra & Artha VenturesMenterra Venture Advisors•Mar 27, 2023•Artha India Ventures, Biosense, Menterra Venture Advisors
•
Tulip Diagnostics to Acquire Biosense Technologies in India - Extends Capabilities in Point-of-Care DiagnosticsPR Newswire•Nov 15, 2019•Tulip Diagnostics, Biosense, Insitor Partners, Menterra Venture Advisors and 1 other
•
BioSense launches world’s First FAP50 mobile biometric device at connect:ID 2019Planet Biometrics•May 01, 2019•Biosense
•
•
Menterra Social Impact Fund invests $2 M in tech companiesYourStory•Dec 18, 2018•OmiX Labs, OmiX Labs, Adiuvo Diagnostics, Stones2Milestones and 17 others
•
•
Are you a Founder ?
FAQs about Biosense
Explore our recently published companies
- DIV Protocol - Paris based, 2025 founded, Unfunded company
- D and H Fire - San Dimas based, 2016 founded, Funding Raised company
- Eye7 Eye Hospitals - Delhi based, 1987 founded, Unfunded company
- AiLuvio - Praha based, 2023 founded, Unfunded company
- Receptive Sports Technologies - Ludhiana based, 2022 founded, Unfunded company
- Goods For Health - Delhi based, 2025 founded, Unfunded company