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Molbio Diagnostics - About the company

Molbio Diagnostics is a public company based in Salcete (India), founded in 2000 by Chandrasekhar Nair. It operates as a Developer of point-of-care molecular diagnostic platform for infectious disease detection. Molbio Diagnostics has raised $124M in funding from Motilal Oswal and Temasek. The company has 139 active competitors, including 30 funded and 21 that have exited. Its top competitors include companies like Lumos Diagnostics, ChromaCode and DermTech.

Sectors and market segments that Molbio Diagnostics operate in

Molbio Diagnostics serves in the Life Sciences, Sustainability Tech market segments.The primary business model of Molbio Diagnostics are:

Company Details

Developer of point-of-care molecular diagnostic platform for infectious disease detection. The solution includes Trueprep a fully automatic universal cartridge-based sample prep device, Prolab Atlus portable x-ray system, Thermalytix AI-based thermal scanning device, and Truelab, a real-time, quantitative micro-PCR analyzer that targets diseases like rifampicin resistance, COVID‑19, influenza, dengue, hepatitis, HPV, malaria, and others.
Social
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Phone Number
+91 **********
Registered Address
Plot No.L-46, Phase II-D Verna Industrial Area,Verna, South Goa, Salcete, Goa, India, 403722
Key Metrics
Founded Year
2000
Location
Salcete, India
Stage
Public
Total Funding
$124M in 4 rounds
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
714 as on May 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Public

Molbio Diagnostics's IPO details

Molbio Diagnostics got listed on Aug 17, 2026.
Click here to take a look at Molbio Diagnostics's IPO in detail
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Molbio Diagnostics's funding and investors

Molbio Diagnostics has raised a total funding of $124M over 4 rounds. Its first funding round was on Jan 22, 2020. Its latest funding round was a Grant (prize money) round on 2023 for an undisclosed amount. 1 investor participated in its latest round. Molbio Diagnostics has 12 institutional investors and 26 angel investors.

Here is the list of recent funding rounds of Molbio Diagnostics:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2023
Undisclosed
Grant (prize money)
-
-
-
Sep 22, 2022
$85M
Series C
$1.53B
20.9x
May 28, 2021
$19.3M
Series B
$226M
1.3x
-
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Molbio Diagnostics' founders and board of directors

Founder? Claim Profile
The founders of Molbio Diagnostics is Chandrasekhar Nair.
Here are the details of Molbio Diagnostics' key team members:

Molbio Diagnostics' Board of Directors

Molbio Diagnostics's board has 8 active members. Sriram Natarajan, Chandrasekhar Nair and Ved Prakash Kalanoria are part of team and Rohit Ashok Kumar Mullangi, Sangeetha Sriram, Nupur Garg, Balram Bhargava and Arun Kumar Jha are independent board members.
Here is the list of Molbio Diagnostics' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
2y 9m
Team
-
Current
13y 11m
Investor
-
Past
2y 6m
Independent board member
-
Current
5y 8m
Independent board member
-
Current
1y 6m
Independent board member
-
Current
1y 9m
Independent board member
-
Current
1y 9m
Independent board member
-
Past
4y 0m

Molbio Diagnostics' employee count trend

Molbio Diagnostics has 714 employees as of May 25. The total employee count is 17.0% more than what it was in May 24. Here is Molbio Diagnostics's employee count trend over the years:
Employee count trend for Molbio Diagnostics
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Molbio Diagnostics's Competitors and alternates

Top competitors of Molbio Diagnostics include Lumos Diagnostics, ChromaCode and DermTech. Here is the list of Top 10 competitors of Molbio Diagnostics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Molbio Diagnostics
Molbio Diagnostics
2000, Salcete (India), Public
Developer of point-of-care molecular diagnostic platform for infectious disease detection
$124M
74/100
2nd
Logo for Lumos Diagnostics
Lumos Diagnostics
2017, Carlsbad (United States), Public
Developer and manufacturer of point-of-care diagnostic tests and reader platforms
$40M
58/100
3rd
Logo for ChromaCode
ChromaCode
2012, Carlsbad (United States), Series C
Digital molecular biology analytics for disease management
$95M
55/100
4th
Logo for DermTech
DermTech
1996, San Diego (United States), Acquired
Provider of adhesive patch biopsy for skin cancer diagnostics
$24.4M
54/100
5th
Logo for Biofire Diagnostics
Biofire Diagnostics
1990, Salt Lake City (United States), Acquired
Provider of molecular diagnostic solutions for the detection of genetic conditions
$84M
54/100
6th
Logo for SD Biosensor
SD Biosensor
2001, Suwon-si (South Korea), Public
Provider of point-of-care diagnostics for multiple diseases
-
53/100
7th
Logo for Diagnoplex
Diagnoplex
2005, Lausanne (Switzerland), Acquired
Molecular diagnostics for colorectal cancer.
$9.68M
53/100
8th
Logo for Proxim Diagnostics
Proxim Diagnostics
2010, Sunnyvale (United States), Series B
Developer of a handheld immunodiagnostic device for cardiac vascular diseases
$22.9M
52/100
9th
Logo for NeuMoDx
NeuMoDx
2012, Ann Arbor (United States), Acquired
Developer of a platform for low cost molecular testing
$66M
52/100
10th
Logo for Alveo Technologies
Alveo Technologies
2015, Alameda (United States), Series A
Developer of a portable molecular diagnostics platform
$63.6M
49/100
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Molbio Diagnostics's Investments and acquisitions

Molbio Diagnostics has made 1 investment in Optra SCAN and acquired Prognosys Medical Systems.

Reports related to Molbio Diagnostics

Here is the latest report on Molbio Diagnostics's sector:

News related to Molbio Diagnostics

lockFilter this list
Media has covered Molbio Diagnostics for a total of 14 events in the last 1 year, 5 of them have been about company updates.
•
•
Molbio Diagnostics IPO Day 2: Issue Subscribed 1.22 TimesMint•Aug 11, 2026•Molbio Diagnostics
•
India Validates First Indigenous HPV Test for Cervical Cancer ScreeningIndiaMedToday•Jun 13, 2026•Molbio Diagnostics
•
India’s $3.2b startup boom: Emerging cities driving innovationDeal Street Asia•Mar 30, 2026•CarDekho, Molbio Diagnostics
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FAQs about Molbio Diagnostics

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