Cancer focused biotech startup Immuneel Therapeutics Pvt. Ltd. has raised Rs 100 crore from TAIBA Middle East FZ LLC. 💰 This marks the company’s fourth Series A round after raising $11 million in 2019, $1.4 million in 2020, and $15 million in 2022 from investors including F-Prime Capital, Khosla Ventures, and Eight Roads Ventures. The round appears to be ongoing. Immuneel Therapeutics was founded in 2018 by Biocon founder Kiran Mazumdar Shaw, Pulitzer Prize winner Siddhartha Mukherjee, and Kush Parker. The Bengaluru-based startup aims to make CAR-T cell therapy commercially available to patients in India at affordable prices and is developing the country’s first Phase 2 trial for CD19 CAR-T(IMN-003A) for B cell malignancies (Leukemia & Lymphoma). Read more at the link in our comments section below 👇 #FundingWithYS #Funding #Startups
Glad that KayEss Square Consulting Pvt Ltd was a partner for this transaction
Congrats Dr. Saif and taiba. For over 3 decades you have been striving relentlessly to bring new molecules to help save patients life or improve their quality of life in the region. May your horizon expand and I wish you more successes in your endeavours
Saif Al-Hasani Mabrook !!
This gives hope to so many in India. Truly inspirational what Immuneel is doing in the field of medicine to bring cost effective CarT Cell treatment. Kudos 🥂🥂🥂
This is awesome and well deserved. Congratulations to the team and wish them the best for what's ahead
Congratulations Immuneel Therapeutics' Team for continued success and groundbreaking efforts in cancer treatments and making CAR-T cell therapy accessible in India.
Congregations on such a great funding. Good luck to your CAR-T study in India. If you need any clinical support, please feel free to reach out to me. Dr. Ashok Srivastava
Congratulations team Immuneel Therapeutics Pvt. Ltd. Wish u all success in making CAR-T cell therapy affordable to patients in India
Cell & Gene Therapy and Biotech Business Leader
8moSpecial feeling to have successfully concluded this strategic investment to coincide with start of commercialization of Immuneel’s CD19 CAR-T. Congratulations to all my colleagues. #immuneel