Genexis Biotech raises Rs.4-Cr led by GVFL

Vadodara-based bio-manufacturing startup Genexis Biotech has raised INR 4 crore in a seed funding round led by GVFL, with participation from Benzai10.The fresh proceeds will be used to scale bio-reactor capacity, build downstream processing infrastructure, launch new recombinant proteins and enzymes, and strengthen compliance, sales, and distribution functions.Founded in 2019 by Jitendra Wagh and Vipul Kumar, Genexis Biotech develops animal-origin-free recombinant proteins using precision fermentation, catering to biopharma, food-tech, and cell culture sectors.