Bangalore Based Healthcare Startup, Leucine Rich Bio, Secures Fresh Funds In Pre Series A Funding Round

Share via:

  • The company witnessed 20% year-on-year growth in 2022-23, while the quarter-on-quarter growth was 30% in quarter 2 of the financial year 2023-24.
  • This investment will help the company in building its product portfolio and enhancing its R&D prowess especially in the field of cancer.
  • Leucine Rich Bio has been exporting its products to Thailand and Philippines, having exported products worth more than INR 18,00,000.

Bangalore, 23.10.2023: Known for making innovative products catering to the gut microbiome, India’s first microbiome company, Leucine Rich Bio, has raised an undisclosed amount in a pre-series A round of funding. The investment comes close to the heel of the company inaugurating a microbiome-focused gut health clinic in the heart of Bengaluru and exporting its products to the Philippines. The funding was spearheaded by prominent doctors including gastroenterologists and oncologists and biotech entrepreneurs.

The company raised its pre-seed funding worth INR 2.3 crore in 2017. Besides the Philippines, Leucine Rich Bio has been exporting its products to Thailand since 2022. So far, the company has exported products worth more than INR 1800000.

Commenting on the investment, Kumar Sankaran, CEO of Leucine Rich Bio, stated, “Receiving this investment is a testament to the groundbreaking work we are doing at Leucine Rich Bio. We truly believe in the transformative potential of the microbiome in shaping the future of healthcare, especially cancer treatment and care. With this support, we are poised to take significant strides in our mission to harness the power of the microbiome to combat various chronic diseases and cancer.”

The funds will be primarily utilised for marketing and development of new products. This investment will help the company in building its product portfolio and enhancing its R&D prowess. The company witnessed 20% year-on-year growth in 2022-23, while the quarter-on-quarter growth was 30% in quarter 2 of the financial year 2023-24. 

Leucine Rich Bio takes the practical approach to address the adage ‘All diseases begin in the gut’ by offering an innovative self-administered gut microbiome testing kit called ‘BugSpeaks’ and a dietary supplement ‘Rychbiome Indus’ that assists in making up for the necessary beneficial microorganisms in our gut. The company has a broad customer base including celebrities and regular people alike. While some health-conscious people use BugSpeaks to know about their gut health and in turn their overall well-being, others with ailments like NAFLD, IBD, IBS, type 2 diabetes, hypertension etc. have utilised the actionable BugSpeaks report (with personalised nutrition) to improve their health conditions.

Besides the popularity of BugSpeaks, the company has seen an uptick in Rychbiome Indus’ demand by 101% in the period 2022-23 vs 2021-22. 

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Bangalore Based Healthcare Startup, Leucine Rich Bio, Secures Fresh Funds In Pre Series A Funding Round

  • The company witnessed 20% year-on-year growth in 2022-23, while the quarter-on-quarter growth was 30% in quarter 2 of the financial year 2023-24.
  • This investment will help the company in building its product portfolio and enhancing its R&D prowess especially in the field of cancer.
  • Leucine Rich Bio has been exporting its products to Thailand and Philippines, having exported products worth more than INR 18,00,000.

Bangalore, 23.10.2023: Known for making innovative products catering to the gut microbiome, India’s first microbiome company, Leucine Rich Bio, has raised an undisclosed amount in a pre-series A round of funding. The investment comes close to the heel of the company inaugurating a microbiome-focused gut health clinic in the heart of Bengaluru and exporting its products to the Philippines. The funding was spearheaded by prominent doctors including gastroenterologists and oncologists and biotech entrepreneurs.

The company raised its pre-seed funding worth INR 2.3 crore in 2017. Besides the Philippines, Leucine Rich Bio has been exporting its products to Thailand since 2022. So far, the company has exported products worth more than INR 1800000.

Commenting on the investment, Kumar Sankaran, CEO of Leucine Rich Bio, stated, “Receiving this investment is a testament to the groundbreaking work we are doing at Leucine Rich Bio. We truly believe in the transformative potential of the microbiome in shaping the future of healthcare, especially cancer treatment and care. With this support, we are poised to take significant strides in our mission to harness the power of the microbiome to combat various chronic diseases and cancer.”

The funds will be primarily utilised for marketing and development of new products. This investment will help the company in building its product portfolio and enhancing its R&D prowess. The company witnessed 20% year-on-year growth in 2022-23, while the quarter-on-quarter growth was 30% in quarter 2 of the financial year 2023-24. 

Leucine Rich Bio takes the practical approach to address the adage ‘All diseases begin in the gut’ by offering an innovative self-administered gut microbiome testing kit called ‘BugSpeaks’ and a dietary supplement ‘Rychbiome Indus’ that assists in making up for the necessary beneficial microorganisms in our gut. The company has a broad customer base including celebrities and regular people alike. While some health-conscious people use BugSpeaks to know about their gut health and in turn their overall well-being, others with ailments like NAFLD, IBD, IBS, type 2 diabetes, hypertension etc. have utilised the actionable BugSpeaks report (with personalised nutrition) to improve their health conditions.

Besides the popularity of BugSpeaks, the company has seen an uptick in Rychbiome Indus’ demand by 101% in the period 2022-23 vs 2021-22. 

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Thai food delivery app Line Man Wongnai weighs IPO...

Line Man Wongnai, an on-demand food delivery service...

GenAI: TCS chairman N Chandrasekaran says GenAI to create...

Tata Consultancy Services (TCS), India’s largest IT services...

TCS CEO: TCS CEO K Krithivasan’s remuneration at Rs...

The overall remuneration of Tata Consultancy Services (TCS)...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!