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Rivaara Labs

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Offers molecular diagnostics services and various clinical testing solutions

Mumbai, IndiaFounded 2019Biotech & Life Sciences
Valuation $10–25M Last recorded · 2025
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About Rivaara Labs

Rivaara Labs, established in 2019 by Bharat Daftary, operates as a vertically integrated molecular diagnostics company in India. Mr. Daftary, the erstwhile promoter of Bharat Serums & Vaccines Limited, founded Rivaara with the vision to address the gap in the widespread adoption of molecular diagnostics by making them more accessible and affordable. The management team includes Siddharth Daftary, who has a master's in Molecular & Genetic Medicine and an MBA, and spearheads the company's operations. Since its inception, the Mumbai-based company has secured significant funding, including a Series A round, to fuel its expansion.

The company's business model centers on establishing a widespread network of specialized Molecular Diagnostics (MDx) labs across India, with an ambition to grow from 12 to 60 labs to reduce sample processing times. Rivaara serves clinicians and patients by providing rapid and accurate diagnostic services. Revenue is generated from a portfolio of diagnostic tests and through partnerships with hospitals to set up in-house RT-PCR labs. The company develops and markets its own PCR-based test kits, created in collaboration with European research labs, which are specifically designed to detect pathogens prevalent in India.

Rivaara offers a comprehensive range of sample-to-answer molecular diagnostic services, focusing on infectious diseases, oncology, genetic disorders, and antibiotic resistance. The service portfolio includes automated RT-PCR tests, superior data analysis, and a LIMS interface that delivers actionable clinical reports. Key products include specialized panels like RespiQuik, SeptiQuik, and tests for tuberculosis and post-transplant infections, which enable early detection and targeted treatments. These PCR-based tests are designed to provide quick and affordable results, aiding in antimicrobial stewardship by reducing the unnecessary use of antibiotics.

Source: Dealroom company data

At a glance

Founded
2019
Headquarters
Mumbai, India
Sector
Biotech & Life Sciences

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Amicus Capital
  • Kotak Investment Advisors
  • Bharat Daftary
  • Authum Investment & Infrastructure
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇮🇳 India97.8%
🇺🇸 United States2.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

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