Business Description:Polyclone BioServices is a Genomics company offering a range of Lab and Computation based Discovery, Validation and Analysis services. Our services help Biotech and Drug Discovery Companies in shortening their research cycles, saving on research costs and decreasing the time to market.
Industry:Biotech
Founded in:2005
Source of idea:Replicated or modified an idea encountered through previous employment
Significant Competitors:Ocimum Bio, Strand Life Sciences
Company Details :
Company Name:Polyclone Bioservices
HeadQuarters:Bangalore
Stage of the company:Several customers or locations
No of Employees (2006):0-5
No of Employees (2007):6-15
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:Yes (2)
Profits (2006):1 to 5 lacs
Profits (2007):6 to 15 lacs
>Partnerships:Partnerships with:
-Karnataka Cancer Therapy and Research Institute, Hubli
-TATA Biocenter, Goteborg, Sweden
-Center for Functional Genomics - State University of New York, Albany
Initial Funding:Bank loans & mortgages
Addl Funding:Family & friends
Institutitional Capital:No
Revneue Model:By providing molecular biology research services on a contract model.
Awards & honors:-Listed as "Hot Tech Start-up" by The Week in 2006
-Listed as 'One of the Top 10 Bio tech start-ups' to watch out' for by Bio-Spectrum Magazine
Promoters Details :
Promoters Name(s):Sanjay Bettadpura
Age:34
HomeTown:Bangalore
Education:Masters
No of companies promoted:Yes (2)
Family Background:First gen entrepreneur
Job:Head - Life Sciences Practice at Edutech India Pvt. Ltd.
Ex-Job Description:Driving Strategy and Sales
Favorite Book/Movie:Winning
