NEW YORK (GenomeWeb) – Indian genomics firm Mapmygenome today announced a pre-Series A financing round to scale up its operations.
A company spokesperson told GenomeWeb that Mapmygenome raised INR70 million ($1.1 million) in the financing round, which was the company's first since it was founded in 2013. Mapmygenome CEO Anu Acharya said that the firm intends on expanding its leadership team, sales and marketing operations, and genetic counseling network, as well as invest in some assets to scale up its research.
Investors in the round included Aarti Grover, managing director of CMS Computers; Rajan Anandan, managing director of Google India; Arihant Patni, managing director at Hive Technologies; Satveer Singh Thakral, CEO of Singapore Angel Network; and others.
Based in Hyderabad, Mapmygenome offers products in personal genomics, molecular diagnostics, DNA forensics, and brain wellness.