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BIORx Venture Advisors: A Perfect Growth Partner for Clients

CIO Vendor The company started operations in July 2012. “The basic premise of establishing BIORx Venture Advisors Pvt. Ltd was to bridge the gap between the life sciences [healthcare, pharmaceutical, biotechnology, medical device, healthcare informatics, hospitals] professionals and investor community,” saysVishal Gandhi, Founder and CEO, BIORx. The company is driving quality and performance in healthcare by providing highly specialized life sciences financial and strategic consulting services.

The company commits resources along with talent, passion and energy to the success of each project that they undertake. From identifying and delivering new opportunities to offering insights on everything from the organizational development perspective, they provide 360* degree approach and customized solutions whatever it takes to help good companies scale up.
The roots of BIORx go back to the Founder’s experience of working for the best Indiandomestic MNCs inPharma and Biotech companies and New age Bank for 7 years. “I left a high-paying job to pursue my passion of making affordable healthcare available to every Indian through this venture ---BIORx,”says Vishal.“Time and again, I have been deeply inspired by my mentor’s [DrDaisaku Ikeda—a peace activist] words who urges never to see obstacles as challenges but to view them as springboard for growth,” he adds.

Today, over three years have passed since its inception and BIORx has advised over 20 clients and it enjoys good relationships with institutional bankers/hedge funds/private equity funds/venture capital funds/multilateral institutions.
Recently BIORx has been chosen as the best in financial advisory services sector by an international Corporate Finance Magazine :Acquisition International—The Voice of Corporate Finance. “Thisrecognition is in alignment with our Mission to become the most preferred strategic partner for life sciences industry in India,” explains Vishal.
At BIORx, we firmly believethat it takes more than a capital for a company to succeed.It takes insights and it takes connections---well established, influential relationships that open doors with potential customers and partners all over the globe. BioRx is backed by a very eminent Board of Directors chaired by Ex-secretary, Government of India.
BIORx has recently closed a Strategic M&A deal of Health Impetus and Swastham India Pvt. Ltd to healthcare at Home [A JV between DaburBurman’s and their UK partners].

The BIORx commits resources along with talent, passion and energy to the success of each project that they undertake

BiORx is now a member of many sectoral and industry associations and actively involved in scaling up the vibrant ecosystem of lifesciences industry in India.The BIORx team provides advisory services to its clients across industries by a domain focused approach, including companies in the incubation stage, MSMEs/SMEs, emerging corporates, large well-established players and government agencies.The various services offered by the company arePrivate Equity Placement/ Venture Capital Placement, Mergers & Acquisitions Advisory & Financing Arrangement, Project feasibility studies, Joint venture partner search, Identification of buyers for sale, Technology Transfer, etc., Term Debt Syndication-Arrangement of INR Term Debt, Project Finance and External Commercial Borrowings, Arrangement and Management of working capital facilities and Structured Finance.

Spelling the ability of the company to find quality staff as well as managing them effectively, Vishal says, “We are flexible because of our inherent lean nature—as we have 50 odd empanelled consultants who work with us on a success fee basis hence our cost structure in not very high. The benefit is thus directly passed on to the customer in the form of low fees and best services.” As a one-stop solution provider, BIORx team encourages creative and innovative ideas, and this has been the key differentiator of the company. Going forward, the company has plans to expand its presence in the US and work strategic alliances with other companies to take up more challenging cross border projects.