Bioprocess engineering company OmniBRx Biotechnologies received Rs 30 crore in a Series A funding round from SIDBI Venture Capital Ltd. With this round, the company is looking to expand its business in the international markets, besides investing in capacity addition and building manufacturing facilities to ramp up its production capabilities. Delhi-based boutique investment bank Indus Capital was the sole financial advisor to OmniBRx for this deal.
OmniBRx is also the creator of the world's first integrated seed train development platforms in close-loop sequentially programmed bioreactor systems,” said Ravindra Patel, Founder and CEO of the Ahmedabad-based company.
