Exclusive: Hero’s Sunil Munjal Invests $4.8 Mn In Healthtech Startup Pandorum Technologies
Summary
It claims that its proprietary technology platform is designed to develop functional human tissues, such as bio-engineered cornea and liver, intended for medical research and therapeutic applications. Pandorum Technologies has collaborated with the Medical University of South Carolina and Dr Shroff’s Charity Eye Hospital over the years for various projects. Munjal is also an investor in IPO-bound fashion ecommerce platform Nykaa, hospitality unicorn OYO, Aavishkaar Fund, among others. Pandorum competes against the likes of other Indian biotech startups such as Xcode Life Sciences, Oncostem Diagnostics, MedGenomes, MapMyGenome among others. Among these startups, Oncostem Diagnostics which focuses on oncology seems to have received a bigger cheque worth $9 Mn from Sequoia Capital and Artiman Ventures.