Company lists
The Chandigarh edition · 2026

Biopharma outsourcingcompanies in Chandigarh

CDMO, API makers, formulations, CRO, nutraceuticals and more: the companies building biopharma outsourcing in Chandigarh, Chandigarh, with their founders, funding, team size and business models.

58 company profiles29 with reported revenue3 with recorded fundingOctober 2026 edition
Chandigarh · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent biopharma outsourcing business events in India

Funding, M&A, contract wins and launches involving 2,490 biopharma outsourcing companies in India, last 24 months: 78 M&A deals · 18 Contracts · 18 funding rounds · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Skymap pharmaceuticals acquires Indian Medicines Pharmaceutical Corporation Ltd

The Indian government has officially approved the acquisition of Indian Medicines Pharmaceutical Corporation Ltd (IMPCL) by Skymap Pharmaceuticals Pvt Ltd for ₹121 crore.

Pharmaceuticals
M&AAcquisition · Announced

True north acquires Embio

According to reports, True North invested about INR 478 crores to acquire a 25 percent stake in Embio.

Pharmaceuticals
M&AAcquisition · Completed

Sunways acquires Indoco remedies

Indoco Remedies has successfully completed the transfer of its ophthalmic business division to Sunways (India) Private Limited. This strategic move, finalised on May 18, 2026, involves…

Pharmaceuticals
M&AAcquisition · Announced

Gujarat themis biosyn acquires Sanofi

Introduction Shares of Gujarat Themis Biosyn Ltd surged sharply after the company announced a major acquisition deal with Sanofi.

Pharmaceuticals
LaunchSynchronous Motors Market Size 2026 Report

Datam intelligence

DataM Intelligence has unveiled its latest report on the 'Synchronous Motors Market Size 2026' delivering powerful insights into key trends, future growth opportunities, and evolving…

Report
ContractSupply

Panacea biotec · client: Central Medical Services Society (CMSS)

Panacea Biotec has announced the receipt of a Letter of Award from the Central Medical Services Society (CMSS), under the Ministry of Health and Family Welfare, Government of India. The…

Healthcare
M&AAcquisition · Completed

Jubilant ingrevia acquires Remidex Pharma

Jubilant Ingrevia has successfully acquired a 100% equity stake in Remidex Pharma Private Limited.

Pharmaceutical
M&AMerger · Announced

EPL acquires Indovida India Private Limited

EPL Limited and Indovida India Private Limited have today signed definitive agreements for a merger. The combined platform will have a valuation of ~$2 billion.

Rigid PET packaging
ContractTechnology

Shilpa Biologicals · client: Steincares

SteinCares, a specialty healthcare company in Latin America, entered into a strategic licensing agreement with Shilpa Biologicals Pvt. Ltd.

Healthcare
M&AAcquisition · Rumored

Consortium led by Warburg Pincus and Mubadala acquires Encube ethicals

Separately, a consortium led by Warburg Pincus and Abu Dhabi-based sovereign investor Mubadala is in advanced talks to buy a majority stake in contract manufacturer Encube Ethicals, ET…

Manufacturing
M&AAcquisition · Rumored

Warburg Pincus and Mubadala acquires Encube ethicals

Separately, a consortium led by Warburg Pincus and Abu Dhabi-based sovereign investor Mubadala is in advanced talks to buy a majority stake in contract manufacturer Encube Ethicals

Contract Manufacturing
M&AAcquisition

Dishman Pharmaceuticals and Chemicals acquires Carbogen-Amcis

Dishman Pharmaceuticals and Chemicals (Ahmedabad, India) with its acquisition of Carbogen-Amcis from Solutia

M&AAcquisition · Completed

Eris lifesciences acquires SWISS PARENTERALS

New Delhi: Eris Lifesciences Limited has completed the acquisition of the remaining 30 percent stake in Swiss Parenterals Limited, making it a wholly owned subsidiary

FundingZero-coupon bonds

Jubilant bhartia group

Two Jubilant Bhartia Group subsidiaries raised a combined 56.50 billion rupees through zero-coupon bonds in June to fund the acquisition of a 40% stake in Hindustan Coca-Cola Holdings.

M&AAcquisition · Completed

Cactus acquires Baker Hughes Company’s Surface Pressure Control business

Cactus, Inc. today announced the completion of the acquisition of a majority interest in Baker Hughes Company’s Surface Pressure Control business.

Oil & Gas Services
M&AAcquisition · Announced

Aurobindo pharma acquires Khandelwal laboratories

Aurobindo Pharma, a wholly owned subsidiary of Aurobindo Pharma, at its meeting held on Monday, i.e., January 1, 2026, has approved the acquisition of the non-oncology prescription…

Pharmaceuticals
M&AAcquisition · Completed

Auro pharma acquires Khandelwal laboratories

Aurobindo Pharma Ltd said its wholly owned arm, Auro Pharma Ltd, has acquired the branded non-oncology prescription formulations business of Khandelwal Laboratories Private Ltd on a…

Pharmaceuticals
M&AAcquisition · Announced

Piramal Pharma acquires Hemmo pharmaceuticals

Piramal Pharma Limited (PPL) has entered into an agreement to acquire a 100% stake in Hemmo Pharmaceuticals Pvt. Ltd., an Indian manufacturer of synthetic peptide APIs (active…

ContractSupply

Panacea biotec · client: Unicef

Earlier in October, UNICEF also placed a significant order for polio vaccines. Panacea Biotec received the letter of award (LoA) as part of a long-term agreement to supply bOPV in 10 and…

Healthcare
M&AAcquisition · Announced

Nowonomics acquires Centaur

On Wednesday, Dec. 10, it was announced that Swedish fund management company Centaur is selling its Sweden Quality fund to Nowonomics.

Fund management
M&AAcquisition · Announced

Eris lifesciences acquires SWISS PARENTERALS

Shardul Amarchand Mangaldas & Co. (SAM) acted as the legal advisor to Eris Lifesciences Limited (“ELL”) in connection with its proposed acquisition of 30% of the total share capital of…

M&AMerger · Announced

Sequent scientific acquires Viyash Lifesciences

The National Company Law Tribunal (NCLT) has approved the merger of SeQuent Scientific, a leading player in the global animal health industry, and Viyash Lifesciences, an integrated…

M&AAcquisition · Completed

Quadria capital acquires Encube ethicals

Quadria Capital bought around 15% in Encube for $100-120 million in June 2021, valuing it close to $1 billion.

Contract drug maker
M&AAcquisition · Rumored

Na acquires Encube ethicals

Global private equity firms Advent International and Warburg Pincus have joined the race for a stake purchase in contract drug maker Encube Ethicals Pvt. Ltd.

Contract drug maker / CDMO
M&AAcquisition · Announced

Ang lifesciences india acquires Mansa Print & Publishers

ANG Lifesciences India, a fast-growing organisation with an ultra-modern fully integrated, manufacturing facility dedicated to dry powder injectables (SVP), has acquired the printing and…

Printing & Packaging
M&AAcquisition · Announced

Piramal pharma solutions acquires Intocell

Piramal Pharma Solutions signed a memorandum of understanding with IntoCell to develop ADCs.

Biotechnology / ADC development
M&AAcquisition · Announced

Intocell acquires Piramal pharma solutions

Piramal Pharma Solutions signed a memorandum of understanding with IntoCell to develop ADCs.

M&AAcquisition · Announced

Jusmiral Holdings Limited acquires Cohance lifesciences

Shardul Amarchand Mangaldas & Co. (SAM) acted as the legal advisor for an on-market sale of 8.93% shareholding in Cohance Lifesciences Limited (formerly Suven Pharmaceuticals Limited)…

M&AAcquisition · Completed

Jusmiral Holdings Limited acquires Suven pharmaceuticals

SAM has earlier advised Advent in its control acquisition of Suven Pharmaceuticals Limited by way of a share purchase and mandatory open offer.

Biopharma outsourcing companies in Chandigarh, by revenue

Browse biopharma outsourcing companies in Chandigarh by reported revenue, one-year revenue growth, revenue model, age and stage. The 29 companies below are the largest by their most recent reported revenue among 29 biopharma outsourcing companies in Chandigarh, Chandigarh that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 29

Manufacturer of cephalosporin APIs and generic formulations

Traditional pharmaceuticals
₹1,674.97 crFY 2024-25
-1%2024–2025
1,712+16% 12 mo to Aug 2024recorded Aug 2024
31 yr1995
0none in 3 months · last posted Jul 2026

API CDMO also having capabilities to manufacture HPAPIs and intermediates

Biopharma outsourcing
₹1,326.27 crFY 2023-24
Not reported
478+0% 12 mo to Mar 2024LinkedIn · Oct 2026
31 yr1995
0none in 3 months

Contract manufacturer for APIs and bulk drugs

Biopharma outsourcing
₹386.27 crFY 2024-25
+65%2024–2025
109+22% 12 mo to Sep 2024recorded Sep 2024
33 yr1993
0none in 3 months

Manufacturer of bulk drugs, intermediates and fine chemicals

Biopharma outsourcing
₹208.69 crFY 2024-25
-13%2024–2025
77-1% 12 mo to Jun 2024LinkedIn · Oct 2026
30 yr1996
0none in 3 months

CRO focused on providing pharmacometric services

Biopharma outsourcing
₹105.84 crFY 2022-23
Not reported
496+0% 12 mo to Sep 2024LinkedIn · Oct 2026
8 yr2018
0none in 3 months

API manufacturing company that develops and manufactures niche pharmaceutical ingredients, primarily in the cardio, neuro, and anti-diabetic segments

Biopharma outsourcing
₹77.27 crFY 2024-25
+29%2024–2025
55LinkedIn · Jul 2026
31 yr1995
0none in 3 months

CDMO focused on manufacturing a range of pharma products

Biopharma outsourcing
₹76.55 crFY 2024-25
+32%2024–2025
11LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Manufacturer and exporter of pharmaceutical products

Biopharma outsourcing
₹68.87 crFY 2024-25
+33%2024–2025
—Not available
11 yr2015
0none in 3 months

Pharmaceutical company with a state-of-the-art manufacturing unit

Biopharma outsourcing
₹62.83 crFY 2024-25
+18%2024–2025
74LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Manufacturer of dry powder injectable products with capabilities for manufacturing carbapenems

Biopharma outsourcing
₹62.27 crFY 2024-25
+10%2024–2025
48LinkedIn · Jul 2026
29 yr1997
0none in 3 months · last posted Jul 2026

Manufacturer of dry injection and ear spray formulations

Biopharma outsourcing
₹40.66 crFY 2024-25
-4%2024–2025
99-10% 12 mo to Apr 2020LinkedIn · Jul 2026
28 yr1998
0none in 3 months

CDMO focused on manufacturing dietary supplements

Biopharma outsourcing
₹40.60 crFY 2024-25
+67%2024–2025
11+19% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer of pharmaceutical products, intermediates, and specialty chemicals for various applications

Biopharma outsourcing
₹36.78 crFY 2024-25
+11%2024–2025
38LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Provider of dermatological, dental, and aesthetic condition solutions

Biopharma outsourcing
₹24.06 crFY 2024-25
+1%2024–2025
28+50% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Provider of safety training, auditing, and other consultancy services

Biopharma outsourcing
₹11.98 crFY 2024-25
-39%2024–2025
181+215% vs previous recordLinkedIn · Oct 2026
22 yr2004
1postings · last posted Sep 2026

CDMO focused on manufacturing of capsules, tablets, syrups, injections, and other formulations

Biopharma outsourcing
₹11.52 crFY 2024-25
-8%2024–2025
—Not available
18 yr2008
0none in 3 months

Provider of pharmaceutical products and contract manufacturing services

Biopharma outsourcing
₹10.53 crFY 2024-25
+47%2024–2025
6LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Provider of market research services

Biopharma outsourcing
₹9.90 crFY 2024-25
+4%2024–2025
121+7% vs previous recordLinkedIn · Jul 2026
13 yr2013
1postings · last posted Sep 2026

Consulting services for medical reporting and data analysis

Biopharma outsourcing
₹8.76 crFY 2024-25
Not reported
56LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Mar 2026

Traditional pharma company also offering CMO services for FDFs

Biopharma outsourcing
₹7.30 crFY 2024-25
-21%2024–2025
11LinkedIn · Jul 2026
43 yr1983
0none in 3 months

CDMO focused on manufacturing pharmaceutical formulations

Biopharma outsourcing
₹7.17 crFY 2024-25
+13%2024–2025
5LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of tablets, capsules, injections, ayurvedic medicines, syrups, & softgel

Biopharma outsourcing
₹5.10 crFY 2024-25
+3%2024–2025
8LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer of pharmaceutical products

Biopharma outsourcing
₹4.63 crFY 2024-25
-5%2024–2025
10LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer of APIs and intermediates

Biopharma outsourcing
₹1.96 crFY 2024-25
+61%2024–2025
8LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Contract manufacturer of formulations

Biopharma outsourcing
₹1.74 crFY 2024-25
-14%2024–2025
—Not available
11 yr2015
0none in 3 months
29 of 58 companies shown here · the full list is on Radar
Fliar Radar

Explore all 58 biopharma outsourcing companies in Chandigarh on Radar

This page shows the top 29. Radar has the complete, filterable list with contacts and live company signals.

Open biopharma outsourcing in Chandigarh on Radar
  • Every company, not just 50All 58 biopharma outsourcing companies in Chandigarh, filterable by stage, funding, team size, revenue model and age.
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Explore biopharma outsourcing companies in Chandigarh by what you are looking for

Browse biopharma outsourcing companies in Chandigarh, including CDMOs, API manufacturers and contract research organisations. Find pharma outsourcing companies and biopharma startups in Chandigarh.

8 ways to explore biopharma outsourcing in Chandigarh

CDMO & contract manufacturing companiesAPI & bulk drug manufacturersFormulation & finished dosage companiesCRO & clinical research servicesNutraceutical & ingredient suppliersListed biopharma outsourcing companies in Chandigarh

CDMO & contract manufacturing companies

Contract development and manufacturing partners for small molecules and peptides.

  1. Nectar Lifesciences

    Manufacturer of cephalosporin APIs and generic formulations

    Traditional pharmaceuticals
    See in list
  2. Ind Swift

    API CDMO also having capabilities to manufacture HPAPIs and intermediates

    Biopharma outsourcing
    See in list
  3. Syschem India

    Contract manufacturer for APIs and bulk drugs

    Biopharma outsourcing
    See in list
  4. Cadchem Laboratories

    API manufacturing company that develops and manufactures niche pharmaceutical ingredients, primarily in the cardio, neuro, and anti-diabetic segments

    Biopharma outsourcing
    See in list
  5. Janus Biotech

    CDMO focused on manufacturing a range of pharma products

    Biopharma outsourcing
    See in list

API & bulk drug manufacturers

Producers of active pharmaceutical ingredients, intermediates and fine chemicals.

  1. Ind Swift

    API CDMO also having capabilities to manufacture HPAPIs and intermediates

    Biopharma outsourcing
    See in list
  2. Syschem India

    Contract manufacturer for APIs and bulk drugs

    Biopharma outsourcing
    See in list
  3. Cadchem Laboratories

    API manufacturing company that develops and manufactures niche pharmaceutical ingredients, primarily in the cardio, neuro, and anti-diabetic segments

    Biopharma outsourcing
    See in list
  4. Janus Biotech

    CDMO focused on manufacturing a range of pharma products

    Biopharma outsourcing
    See in list
  5. Saar Biotech

    Manufacturer of pharmaceutical products, intermediates, and specialty chemicals for various applications

    Biopharma outsourcing
    See in list

Formulation & finished dosage companies

Companies making tablets, capsules, injectables and semi-solid formulations.

  1. Nectar Lifesciences

    Manufacturer of cephalosporin APIs and generic formulations

    Traditional pharmaceuticals
    See in list
  2. Maya Biotech

    Manufacturer of dry injection and ear spray formulations

    Biopharma outsourcing
    See in list
  3. Lyra Laboratories

    Provider of dermatological, dental, and aesthetic condition solutions

    Biopharma outsourcing
    See in list
  4. Dolvis Bio Pharma

    CDMO focused on manufacturing of capsules, tablets, syrups, injections, and other formulations

    Biopharma outsourcing
    See in list
  5. Vrovwen Biologocs

    Manufacturer and exporter of pharmaceuticals and Ayurvedic formulations, offering PCD Pharma franchise.

    Biopharma outsourcing
    Website

CRO & clinical research services

Contract research organisations offering clinical development and pharmacometric services.

  1. CONTINUUM India

    CRO focused on providing pharmacometric services

    Biopharma outsourcing
    See in list
  2. Safety Circle India

    Provider of safety training, auditing, and other consultancy services

    Biopharma outsourcing
    See in list
  3. Roots Analysis

    Provider of market research services

    Biopharma outsourcing
    See in list
  4. Indivirtus

    Consulting services for medical reporting and data analysis

    Biopharma outsourcing
    See in list
  5. United Laboratories

    Provider of drug research & development, formulation, manufacturing, and quality control services

    Biopharma outsourcing
    See in list

Nutraceutical & ingredient suppliers

Providers of raw ingredients, dietary supplements and nutraceutical products.

  1. I’M Healthcare

    CDMO focused on manufacturing dietary supplements

    Biopharma outsourcing
    See in list
  2. Vrovwen Biologocs

    Manufacturer and exporter of pharmaceuticals and Ayurvedic formulations, offering PCD Pharma franchise.

    Biopharma outsourcing
    Website
  3. Viona Biopharma

    Provider of raw ingredients for pharmaceuticals, nutraceuticals, and collagen-based formulations

    Diversified chemicals
    Website
  4. CONTINUUM India

    CRO focused on providing pharmacometric services

    Biopharma outsourcing
    See in list
  5. Indivirtus

    Consulting services for medical reporting and data analysis

    Biopharma outsourcing
    See in list

Listed biopharma outsourcing companies in Chandigarh

Publicly listed biopharma outsourcing companies in Chandigarh.

  1. Nectar Lifesciences

    Manufacturer of cephalosporin APIs and generic formulations

    Traditional pharmaceuticals
    See in list
  2. Ind Swift

    API CDMO also having capabilities to manufacture HPAPIs and intermediates

    Biopharma outsourcing
    See in list
  3. Syschem India

    Contract manufacturer for APIs and bulk drugs

    Biopharma outsourcing
    See in list
3 companies in Chandigarh

Biopharma outsourcing startups in Chandigarh

Newer biopharma outsourcing companies founded in recent years.

  1. Viona Biopharma

    Provider of raw ingredients for pharmaceuticals, nutraceuticals, and collagen-based formulations

    Diversified chemicals
    Website
  2. Pavittar Pharmaceuticals

    Pharmaceutical company that offers a range of contract manufacturing services, third-party manufacturing, and exports of pharmaceutical products

    Biopharma outsourcing
    Website
  3. Medihan Life Sciences

    The company manufactures and distributes pharmaceutical products

    Biopharma outsourcing
    Website
3 companies in Chandigarh

Biopharma outsourcing companies hiring in Chandigarh

Biopharma outsourcing companies in Chandigarh that are currently recruiting.

  1. Nectar Lifesciences

    Manufacturer of cephalosporin APIs and generic formulations

    Traditional pharmaceuticals
    See in list
  2. Shamshree Lifesciences

    Manufacturer of dry powder injectable products with capabilities for manufacturing carbapenems

    Biopharma outsourcing
    See in list
  3. Safety Circle India

    Provider of safety training, auditing, and other consultancy services

    Biopharma outsourcing
    See in list
  4. Roots Analysis

    Provider of market research services

    Biopharma outsourcing
    See in list
  5. Indivirtus

    Consulting services for medical reporting and data analysis

    Biopharma outsourcing
    See in list
5 companies in Chandigarh
The business behind the activity

Biopharma outsourcing financials in Chandigarh

Revenue, profit and growth from the filed annual accounts of 29 biopharma outsourcing companies in Chandigarh, Chandigarh for FY24-25 — 31 of the 58 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 87% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹4,050.21 cr

29 companies filing accounts

combined net profit₹199.93 cr

4.9% aggregate margin

are profitable93%

27 of 29 companies

median revenue~₹12.0 cr

the typical company

median revenue growth+6%

into FY24-25

earned by the top five87%

revenue concentration

Six-year view

Combined revenue of filing companies

₹3,871.39 crFY19-2026 filers
₹3,158.82 crFY20-2127 filers
₹3,909.77 crFY21-2228 filers
₹4,119.91 crFY22-2329 filers
₹5,067.33 crFY23-2429 filers
₹4,050.21 crFY24-2529 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 28 companies over three years

+1%
FY22-23₹4,014.44 cr₹45.59 cr net
FY23-24₹4,964.12 cr₹594.29 cr net
FY24-25₹4,049.28 cr₹200.20 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr367% profitable
₹1–10 cr9100% profitable
₹10–100 cr12100% profitable
₹100–1,000 cr4100% profitable
Over ₹1,000 cr10% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking10
0–20%12
20–50%3
50–100%3
Doubled+0

28 companies with accounts for both years; median growth +6%.

Profitability

Profit is concentrated at the top

27profitable
2loss-making
4.9%aggregate margin
2.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
I’M HealthcareI M HEALTHCARE PRIVATE LIMITED+67%₹40.60 cr
Syschem IndiaSYSCHEM (INDIA) LIMITED+65%₹386.27 cr
Dallas FormulationsDALLAS FORMULATIONS PRIVATE LIMITED+47%₹10.53 cr
Smayan HealthcareSMAYAN HEALTHCARE PRIVATE LIMITED+33%₹68.87 cr
Cadchem LaboratoriesCADCHEM LABORATORIES LIMITED+29%₹77.27 cr
Preet RemediesPREET REMEDIES LIMITED+13%₹52.47 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Ind SwiftIND SWIFT LABORATORIES LIMITED40.6%₹630.92 cr
Scott Edil PharmaciaSCOTT EDIL PHARMACIA LIMITED6.5%₹633.13 cr
I’M HealthcareI M HEALTHCARE PRIVATE LIMITED6.3%₹40.60 cr
Maya BiotechMAYA BIOTECH PRIVATE LIMITED3.5%₹40.66 cr
Lyra LaboratoriesLYRA LABORATORIES PRIVATE LIMITED3.5%₹24.06 cr
Dolvis Bio PharmaDOLVIS BIO PHARMA PRIVATE LIMITED2.8%₹11.52 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Biopharma outsourcing28₹2,375.24 cr~₹11.8 cr96%13.2%
Leaders

Largest biopharma outsourcing companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Nectar LifesciencesNECTAR LIFE SCIENCES LIMITED₹1,674.97 cr−₹113.68 cr-6.8%-1%
Scott Edil PharmaciaSCOTT EDIL PHARMACIA LIMITED₹633.13 cr₹41.29 cr6.5%
Ind SwiftIND SWIFT LABORATORIES LIMITED₹630.92 cr₹256.09 cr40.6%-64%
Syschem IndiaSYSCHEM (INDIA) LIMITED₹386.27 cr₹46.01 lakh0.1%+65%
Vardhman ChemtechVARDHMAN CHEMTECH LIMITED₹208.69 cr₹3.61 cr1.7%-13%
Cadchem LaboratoriesCADCHEM LABORATORIES LIMITED₹77.27 cr₹1.53 cr2.0%+29%
Smayan HealthcareSMAYAN HEALTHCARE PRIVATE LIMITED₹68.87 cr₹39.13 lakh0.6%+33%
Shamshree LifesciencesSHAMSHREE LIFESCIENCES LIMITED₹62.27 cr₹1.32 cr2.1%+10%
Preet RemediesPREET REMEDIES LIMITED₹52.47 cr₹29.21 lakh0.6%+13%
Maya BiotechMAYA BIOTECH PRIVATE LIMITED₹40.66 cr₹1.44 cr3.5%-4%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Biopharma outsourcing funding and M&A across India

193 recorded equity rounds have gone to 2,490 biopharma outsourcing companies in India — how much, at which stage, into which sub-sectors, from whom, and how Chandigarh compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months2

US$270.00m

equity rounds, last 24 months7

US$425.09m

raised over five yearsUS$1.28bn

51 rounds in India

M&A deals, India78

last 24 months

Capital by year

Equity funding into biopharma outsourcing in India

amount rounds
$84m201811
$134m20199
$62m202011
$435m202116
$315m202214
$90m20238
$19m20246
$155m20256
$270m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$435.16m across 16 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$119.62m12 rounds · median US$500k
SeedUS$14.38m11 rounds · median US$1.29m
Series AUS$80.53m9 rounds · median US$4.40m
Series BUS$106.78m7 rounds · median US$16.27m
Series CUS$255.00m3 rounds · median US$80.00m
Series D+US$284.18m2 rounds · median US$142.09m
Private equityUS$423.40m7 rounds · median US$68.00m
Where the money went · five years

Most-funded sub-sectors

Biopharma outsourcingUS$982.10m45 rounds · 35 companies
Traditional pharmaceuticalsUS$271.81m2 rounds · 2 companies
Contract manufacturersUS$29.48m2 rounds · 2 companies
Medical research labsUS$500k1 rounds · 1 companies
Food safety testingUS$0k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

67Acquisition
11Merger

Most active acquirers

  1. Jubilant bhartia group6
  2. Optimus4
  3. Eris lifesciences3
  4. Cactus3
  5. Piramal Pharma3

Most acquired or merged

  1. Schott poonawalla7
  2. Encube ethicals4
  3. OTRS AG4
  4. SWISS PARENTERALS3
  5. Gland pharma3

Each deal appears in the events strip at the top of the page.

Founders and momentum in Chandigarh

Meet the people behind biopharma outsourcing companies in Chandigarh. 24 of 58 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring biopharma outsourcing in India and nearby markets.

Coming soon