Biotech startups in India are entering the global stage.
Investorsync desk1 min read
Deal sheet
$18M
- Stage
- Series B
- Announced
- 22 March 2026
Pandorum Technologies has raised $18M (~₹150 Cr) in a Series B round led by Proton's Corporate, with participation from Galentic Pharma and Ashish Kacholia.
Founded by Tuhin Bhowmick and Arun Chandru, the Bengaluru-based startup is building regenerative medicine and exosome-based therapies for complex diseases.
The funds will be used to advance clinical development, scale global manufacturing, and expand into markets like the US, Japan, and the Middle East.
: Key Insights
- Focus on ocular diseases like Stevens–Johnson Syndrome and Neurotrophic Keratitis
- Lead program Kuragenx has received US FDA Orphan Drug Designation
- One of India’s early deep-tech biotech startups
Why this matters:
Indian biotech startups are moving from research → global clinical impact.
: Can India build globally competitive biotech companies in deep-tech healthcare?
Source: company announcement. First posted on the Investorsync LinkedIn page.
From InvestorDB