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Igenetic Diagnostics Private Limited is a healthcare diagnostics company, offering pathology services that range from routine biochemistry to advanced molecular pathology. The company was incorporated in 2013 and commercially launched its operations in 2014. At present, the company has one central processing lab (located in Mumbai), four satellite labs and six collections centres; with operations mostly spread across western India. The company realized revenue of Rs. 9.9 crore in FY 2017, with a year-on-year growth rate of 80% over revenue realized in FY 2016. The company was founded by Ms. Arunima Patel, Mr. Homer Paneri and Mr. Siddharth Patodia. In February 2017, the company entered into an investment agreement with MEMG-CDC whereby the latter has committed to invest Rs 130 crore in the company for a 51% stake.
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