The story
Founded by Villoo Morawala-Patell in 1998.1
Private company
Avesthagen
Logo: AvesthagenOne, CC BY-SA 4.0, via Wikimedia Commons4
Indian biological products company
Avesthagen Limited is an integrated systems biology platform company headquartered in Bangalore, India. It was founded as an academic startup in 1998 by Villoo Morawala-Patell, a Rockefeller Fellow and grantee within NCBS-UAS, Bangalore. Avesthagen started business operations on March 21, 2001, with Series-A round investment led by ICICI Ventures and Tata Industries.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
1998Founded1
- HeadquartersBengaluru1
- Websitewww.avesthagen.com
- Legal formPublic Limited Company3
- LEI984500AXEC6AA97CF3753
- StatusActive3
- LEI statusIssued and current3
- Registered addressNo.144, NXB, Level-I, 10th Road, KIADB IT Park, 562149 Bangalore, India3
- Registered withMinistry of Corporate Affairs, U73100KA1998PLC0306713
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Avesthagen Limited is an integrated systems biology platform company headquartered in Bangalore, India. It was founded as an academic startup in 1998 by Villoo Morawala-Patell, a Rockefeller Fellow and grantee within NCBS-UAS, Bangalore. Avesthagen started business operations on March 21, 2001, with Series-A round investment led by ICICI Ventures and Tata Industries. Villoo Morawala Patell is the chairperson and managing director of Avesthagen Limited.2
Leadership
Who has led Avesthagen, and when. Pick a name to see everywhere that person has worked.
- FounderVilloo Morawala-Patell1
Products and brands
Avesthagen's DHA from algal sources will also provide the much need omega-3 fatty acids to vegetarians. The company is in the process of developing a manufacturing alliance for AvestaDHA and has developed a marketing alliances for its bioactives and DHA with a large beverage player in India, a large MNC retailer and a large Indian conglomerate.
The key products and product candidates are based upon, or include as a primary ingredient, scientifically and clinically validated plant extracts, or bioactives, sourced from traditional Indian medicine which we have researched and developed using ADePt, Avesta Nordic's proprietary bioactive discovery engine and information management platform and MetaGrid, the proprietary bioactive testing methodology. In May 2008, we launched Teestar, our first ADePt and MetaGrid derived bioactive, which we clinically demonstrated to reduce blood glucose levels.
From Wikipedia’s article on Avesthagen, shared under CC BY-SA 4.0.5
Controversies and legal
Criticisms
In 2012, the company ran out of money and saw a number of exits by senior executives. Also in 2012, several former staff filed criminal and civil charges against the company.
From Wikipedia’s article on Avesthagen, shared under CC BY-SA 4.0.5
Timeline
- 1998Founded Founded1
Links
- Websitewww.avesthagen.com1
- WikipediaAvesthagen
- WikidataQ4828428
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataAvesthagen on Wikidata
- 2WikipediaAvesthagen on Wikipedia
- 3
- 4Wikimedia CommonsAvesthagen logo by AvesthagenOne, CC BY-SA 4.0
- 5