Key Metrics
  • No. of Employees105
  • Founded Year 2019
  • Company StagePrivate Limited Company
  • Total Funding₹60 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Rivaara Labs

Rivaara Labs is young start-up, incorporated in 2019, under the Bharat Daftary group of companies. They are focused towards setting up a wide network of specialized Molecular Diagnostics labs, best in class national reference lab and marketing of novel Point Of Care (POC) solutions.


MISSION: To be the leading and most trusted Molecular Diagnostics and Point of Care technologies provider in India, enabling doctors in achieving superior clinical outcomes.


Many thought-leaders and experts across MNC and Indian diagnostics/healthcare organizations have come together to create Rivaara Labs. Their lab network is growing, and our ambition is to be present in every major city and town within India.


To drive their goals, they are systematically investing in building organizational capabilities for the present as well as the future. From forging strategic alliances with molecular diagnostic organizations globally, to building leadership & technical know-how of our highly skilled & inspired employees, Rivaara Labs is establishing new paradigms in the space of next-gen diagnostics.


VALUES : TRUST | RESPECT | SPEED | INNOVATION

These four values drive all their people & culture practices, both internally and while interacting with their external stakeholders


Business Model

Rivaara Labs is a healthcare company that develops and sells point-of-care diagnostics for infectious diseases. Rivaara Labs' flagship product Rivaara rapid test for malaria is a simple, easy-to-use test that can be performed in minutes at the point of care.

Top Competitors
ME
MedibuddyU72300TN2013PTC092385
OH
Orange HealthU85110KA2020PTC131461
PC
Pristyn CareU85300HR2018PTC075460
MF
MfineU85100KA2017PTC100587
Rivaara Labs Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹60 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • Amicus Capital, Kotal Investment
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Rivaara Labs Financial Details
Financial Highlights
FY 2023-24 Revenue₹26.7 Cr
FY 2023-24 Expenses₹62.04 Cr
FY 2023-24 Profit/Loss-₹34.65 Cr
Net Cash Flow From Operations-₹23.89 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Rivaara Labs Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

RS
Rohit SeshadriCOO
AJ
Avadhut JoshiCEO

Board Members/Directors

BV
Bharat Vinod DaftaryWholetime Director
SB
Siddharth Bharat DaftaryManaging Director
Rivaara Labs Documents

AY - 2019-20

Profit and Loss statement - Rivaara Labs - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Rivaara Labs for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Rivaara Labs - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Rivaara Labs for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Rivaara Labs - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Rivaara Labs for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Rivaara Labs - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Rivaara Labs for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Rivaara Labs - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Rivaara Labs for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Rivaara Labs - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Rivaara Labs for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Rivaara Labs - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Rivaara Labs for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Rivaara Labs - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Rivaara Labs for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Rivaara Labs - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Rivaara Labs for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Rivaara Labs - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Rivaara Labs for FY 2023-24
₹249.00 ₹498.00

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