Bengaluru-based PlasmaGen Biosciences has raised ₹150 crore in a minority equity round led by ViNS Bioproducts, valuing the company at over ₹1,500 crore. The funds will drive international market entry, product portfolio expansion, and enhanced manufacturing capabilities, building on the recent launch of India’s fifth plasma fractionation facility and rapid revenue growth.
Glimpse:
Founded in 2010, PlasmaGen Biosciences specializes in blood plasma-derived therapeutics like albumin, immunoglobulins, and specialty products. With over ₹600 crore raised to date and commercial operations underway since 2024, this latest funding round supports global scaling through distribution partnerships and regulatory approvals, while strengthening domestic presence in addressing unmet medical needs.
PlasmaGen Biosciences, a pioneering Indian biopharmaceutical firm focused exclusively on plasma-derived therapeutics, has closed a ₹150 crore minority equity financing round at a valuation exceeding ₹1,500 crore. The round was led by specialty biopharma company ViNS Bioproducts, with participation from high-net-worth individuals (HNIs), family offices, pharmaceutical entrepreneurs, and existing investors including Eight Roads Ventures.
This fresh capital injection bringing the company’s total funding to over ₹600 crore since inception will primarily fuel international expansion, including identified distribution partnerships in key export markets and ongoing regulatory approvals to commence global sales. Domestically, PlasmaGen continues to strengthen its footprint through a cold-chain-backed network serving private hospitals and state governments with essential plasma products.
The company has seen transformative momentum since 2024, when it commenced commercial operations at its state-of-the-art plasma fractionation facility in Kolar, Bengaluru the first such pure-play facility in India and only the fifth overall. This advanced infrastructure has enabled rapid revenue growth and positioned PlasmaGen to address critical unmet needs in areas like immunodeficiency, bleeding disorders, and other plasma protein deficiencies.
To support its next growth phase, PlasmaGen has bolstered its leadership with key appointments: Vivek V Kamath as CEO, Sethu Madhavan as COO (manufacturing and technical operations), and Arnav Jain as CFO.
The funding underscores strong investor confidence in PlasmaGen’s operating model, world-class manufacturing, and long-term potential as a differentiated player in the global plasma biopharmaceutical space.
“The past year has been transformational for PlasmaGen, marking a step change in the scale and reach of the company. This momentum has put us on an exponential growth trajectory.”
By
HB Team

