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IPL Biologicals - About the company

IPL Biologicals is a series B company based in Gurugram (India), founded in 1994. It operates as a Manufactures and supplies plant nutrition & protection products. IPL Biologicals has raised $17.6M in funding from Ganesh Hire Purchase and Leasing Finance and Radhey Buildhome, with a current valuation of $*****. The company has 1687 active competitors, including 60 funded and 79 that have exited. Its top competitors include companies like Ginkgo Bioworks, Koppert and Corteva Agriscience.

Company Details

Manufactures and supplies plant nutrition & protection products. Its product offerings include bio-insecticides, bio-fungicides, bio-nematicides, bio-fertilizers, plant growth promoters, seed treatment, disease and pest management. It also offers training & consultancy for organic farming and soil testing services.
Social
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Email ID
*****@iplbiologicals.com
Phone Number
+91 **********
Part Of
Registered Address
E-34, 2ND FLOOR CONNAUGHT CIRCUS, NEW DELHI, Delhi, India, 110001
Key Metrics
Founded Year
1994
Location
Gurugram, India
Stage
Series B
Total Funding
$17.6M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 18, 2023
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
943 as on Jun 30, 2025
Investment & Acquisitions
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IPL Biologicals's funding and investors

IPL Biologicals has raised a total funding of $17.6M over 3 rounds. Its first funding round was on Mar 31, 2010. Its latest funding round was a Series B round on Dec 18, 2023 for $*****. 4 investors participated in its latest round. IPL Biologicals has 19 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of IPL Biologicals:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 18, 2023
1185651
Series B
1628447
2941579
9967037
4828468
Sep 26, 2022
1987322
Series A
3359052
4584243
6778426
Mar 31, 2010
3018157
Series A
1436807
8961873
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IPL Biologicals' founders and board of directors

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IPL Biologicals' Board of Directors

IPL Biologicals's board has 4 active members. Thirumullaivoyal Ghanasekaran Vimalakumari, Mukesh Sharma, Devkishan Karnani and Deepak Singhal are independent board members.
Here is the list of IPL Biologicals' board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
7y 11m
evbziiw
Independent board member
-
Current
4y 6m
uvmuduc
Independent board member
-
Current
9y 2m
bkfx{rt
Independent board member
-
Past
3y 3m

IPL Biologicals' employee count trend

IPL Biologicals has 943 employees as of Jun 25. The total employee count is 26.0% more than what it was in Jun 24. Here is IPL Biologicals's employee count trend over the years:
Employee count trend for IPL Biologicals
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IPL Biologicals's Competitors and alternates

Top competitors of IPL Biologicals include Ginkgo Bioworks, Koppert and Corteva Agriscience. Here is the list of Top 10 competitors of IPL Biologicals, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ginkgo Bioworks
Ginkgo Bioworks
2008, Boston (United States), Public
Autonomous labs for biotechnology, empowering scientists to design the living world
$796M
81/100
2nd
Logo for Koppert
Koppert
1967, Berkel en Rodenrijs (Netherlands), Late Stage
Provider of biological crop protection and pollination solutions for growers
$150M
69/100
3rd
Logo for IPL Biologicals
IPL Biologicals
1994, Gurugram (India), Series B
Manufactures and supplies plant nutrition & protection products
$17.6M
66/100
4th
Logo for Corteva Agriscience
Corteva Agriscience
2018, Indianapolis (United States), Public
Manufacturer of crop protection products seeds and biological agricultural solutions
-
59/100
5th
Logo for Industrial Microbes
Industrial Microbes
2014, Emeryville (United States), Seed
Manufacturer of biobased acrylic acid using engineered microbial fermentation processes
$10.1M
59/100
6th
Logo for Pro Farm Group
Pro Farm Group
2006, Davis (United States), Public
Developer of biological crop solutions and technology platforms for agriculture
$39.2M
58/100
7th
Logo for Pluton Biosciences
Pluton Biosciences
2017, St. Louis (United States), Series A
Provider of assay-based microbial research services
$24.2M
57/100
8th
Logo for Ceradis
Ceradis
2005, Wageningen (Netherlands), Acquired
Innovative crop protection and plant nutrition solutions for sustainable agriculture
$15.8M
57/100
9th
Logo for Zymergen
Zymergen
2013, Emeryville (United States), Acquired
Platform utilizing genomics and machine learning to research and develop novel materials
$883M
56/100
10th
Logo for BioPrime
BioPrime
2015, Pune (India), Series A
Manufacturer of biological solutions for agriculture feed and industrial applications
$11.2M
55/100
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IPL Biologicals's Latest cap tables and shareholding

Founders own 11.21%, Funds own 1.98%, Enterprises (largest shareholder) own 64.90% and Angels own 0.02%. The net worth of IPL Biologicals's founders is INR 20.4Cr as of Dec 18, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
11.21%
20.4Cr
8872443
3114306
9379304
9373929
Fund
1.98%
3.6Cr
5
4
8
4
0
0
0
0
0
0
Enterprise
64.90%
118Cr
3227565
3932528
7033385
8537846
Angel
0.02%
3.6L
0
0
0
0
Other People
21.89%
39.8Cr
8067619
8179524
1477143
8279877
Total
100.00%
182Cr
8477697
1012586
3090688
9463802
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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 IPL Biologicals's Shareholding

IPL Biologicals's Investments and acquisitions

IPL Biologicals has a total of 1 investment in Unnati. IPL Biologicals has not made any acquisitions as of now.

Reports related to IPL Biologicals

Here is the latest report on IPL Biologicals's sector:

News related to IPL Biologicals

Media has covered IPL Biologicals for 1 event in last 1 year.
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