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The Times of India

Business

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Asia’s richest man Mukesh Ambani to foray into genome testing with Rs 12,000 kit

Mukesh Ambani Genome 23andMe Reliance Asia India Health Care United States Mumbai Strand

MUMBAI: Billionaire Mukesh Ambani’s group is getting into genetic mapping, looking to make a health care trend led by disruptive US startups like 23andMe more affordable and widespread in India’s growing consumer market.

The energy-to-ecommerce conglomerate will roll out within weeks a comprehensive 12,000-rupee ($145) genome sequencing test, according to Ramesh Hariharan, chief executive officer of Strand Life Sciences Pvt., which has developed the product. Reliance Industries Ltd., led by Asia’s richest person, acquired the Bengaluru-based firm in 2021 and now owns about 80% of it.

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