Company lists
The India edition · 2026

Clinical laboratory chainscompanies in India

Pathology, radiology, home testing, genomics, listed and more: the companies building clinical laboratory chains in India, with their founders, funding, team size and business models.

220 company profiles100 with reported revenue13 with recorded fundingOctober 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent clinical laboratory chains business events in India

Funding, M&A, contract wins and launches involving 253 clinical laboratory chains companies in India, last 24 months: 25 M&A deals · 4 funding rounds · 1 Launch · 1 Contract. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Oct 2025.

M&AAcquisition · Completed

ICICI Prudential Mutual Fund, HSBC Mutual Fund Midcap Fund, HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, Eastspring Investments acquires Thyrocare technologies

Several major institutional investors, including ICICI Prudential Mutual Fund, HSBC Mutual Fund Midcap Fund, HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, and Eastspring…

Healthcare/Diagnostics
M&AAcquisition · Completed

Icici prudential mutual fund acquires Thyrocare technologies

ICICI Prudential Mutual Fund has significantly increased its stake in Thyrocare Technologies, crossing the 5% threshold through a series of secondary market purchases.

Diagnostic Services
FundingSeries E

Medgenome

Shardul Amarchand Mangaldas advised Novo Holdings A/S in connection with its investment in Medgenome Inc., as a part of the company’s USD 47.5 million Series E funding round, co-led by…

Investors Novo holdings, Maj invest, Sofina, Maj Invest Minorities II K/S
Genomics and integrated diagnostics
M&AAcquisition · Announced

Metropolis healthcare acquires Dr Ahuja’s Pathology and Imaging Centre

Earlier this year, Metropolis made two acquisitions to increase its presence in North India: Dr Ahuja’s Pathology and Imaging Centre in Dehradun, and Scientific Pathology in Agra—both…

Diagnostics
M&AAcquisition · Announced

Metropolis healthcare acquires Ambika Pathology Laboratory

Metropolis Healthcare has acquired Dr RS Patil’s Ambika Pathology Laboratory in Kolhapur, its fourth in 10 months, for an undisclosed sum.

Diagnostics
M&AAcquisition · Announced

Authum investment & infrastructure acquires Rivaara labs

Authum Investment & Infrastructure Ltd. announced it has entered into a Share Subscription cum Purchase Agreement (SSPA) to acquire a 35.09% stake in Rivaara Labs Private Limited.

Diagnostics
M&AAcquisition · Announced

Dr. Somnath Chatterjee acquires Suraksha Diagnostic

Suraksha Diagnostic Limited announced the acquisition of 8,200 equity shares through an open market purchase on August 14, 2025.

LaunchSiemens Healthineers Magnetom Flow Plus

Aarthi scans and labs

The facility has introduced the Siemens Healthineers Magnetom Flow Plus at its newly opened centre in Whitefield, Bengaluru, marking a breakthrough in patient-friendly and…

MRI system
M&AAcquisition · Announced

Sterling accuris acquires Gujarat and Maha Gujarat Pathology Laboratories

Sterling Accuris announces the acquisition of Gujarat and Maha Gujarat Pathology Laboratories, a pathology service provider in Ahmedabad.

Pathology Services
M&AAcquisition · Announced

Krsnaa diagnostics acquires Apulki Healthcare Private Limited

Krsnaa Diagnostics Limited has entered into a Share Purchase and Share Subscription Agreement (SPSS) and a Shareholders Agreement (SHA) with Apulki Healthcare Private Limited (AHPL) to…

Hospital Operations
M&AAcquisition · Completed

Scientific Pathology acquires Core diagnostics

The company has acquired Delhi NCR-based specialty cancer testing chain Core Diagnostics for Rs 247 crore through a combination of cash and stock in December last year.

Diagnostics
ContractSupply

Agilus diagnostics · client: Lucence

Molecular diagnostics company Lucence said this week that Agilus Diagnostics will distribute Lucence's LiquidHallmark circulating tumor DNA profiling test throughout India for…

Healthcare
M&AAcquisition · Completed

Pharmeasy acquires Thyrocare

to finance its $600 million acquisition of the diagnostics company Thyrocare in 2021.

Diagnostics
M&AAcquisition · Completed

Fortis healthcare acquires Agilus diagnostics

Fortis Healthcare Limited has successfully completed the acquisition of a 31.52% equity stake in its material subsidiary, Agilus Diagnostics Limited, previously held by private equity…

M&AAcquisition · Announced

Fortis healthcare acquires Agilus diagnostics

Fortis Healthcare Ltd announced the acquisition of 5,970,149 equity shares from the International Finance Corporation (IFC), representing a 7.61 per cent stake in its material…

Diagnostics
Funding

Orange health labs

Orange Health Labs has Secured $12 Million in Funding

Healthtech, Diagnostic Lab
FundingIPO

Suraksha Diagnostic

Suraksha Diagnostic Limited raised ₹253 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Thursday, November 28.

Investors Carnelian Bharat Amritkaal Fund, Societe generale, Integrated Core Strategies (Asia), Troo Capital
Healthcare diagnostics
M&AAcquisition · Announced

Manipal healthmap acquires Igenetic diagnostics

Manipal HealthMap, the diagnostics arm of Manipal Group, on Tuesday said it has fully acquired Mumbai-based iGenetic Diagnostics for an undisclosed amount.

Diagnostics
M&AAcquisition · Announced

Krsnaa diagnostics acquires Apulki Healthcare Private Limited

Lakshmikumaran and Sridharan advised Krsnaa Diagnostics Limited, a listed entity on its acquisition of 23.35% stake in Apulki Healthcare Private Limited.

M&AAcquisition · Announced

Redcliffe labs acquires Celara diagnostics

The board of Redcliffe Labs has passed a resolution of approval for the acquisition of shares of Celara Diagnostics Pvt Ltd for an amount not exceeding Rs 60 crore ($7 million).

Diagnostics
Funding

Redcliffe labs

Funding Amount: USD 42 Million Investors: Denmark's Investment Fund for Developing Countries (IFU), LeapFrog Investments, HealthQuad, Spark Growth Ventures Redcliffe Labs, a Noida-based…

Investors Denmark's Investment Fund for Developing Countries (IFU), Leapfrog investments, Healthquad, Spark growth ventures
Healthcare

Clinical laboratory chains companies in India, by revenue

Browse clinical laboratory chains companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 100 clinical laboratory chains companies in India 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 50

Chain of pathology laboratory centers

Clinical laboratory chains
₹16,715.02 crFY 2022-23
Not reported
395+53% vs previous recordrecorded
5 yr2021
3postings · last posted Sep 2026

Chain of pathology and radiology labs

Clinical laboratory chains
₹2,295.80 crFY 2023-24
Not reported
7,383+4% 12 mo to Jun 2024LinkedIn · Jul 2026
77 yr1949
0none in 3 months

Diagnostic chain providing quality blood test and full body checkup services

Clinical laboratory chains
₹1,432.43 crFY 2024-25
+3%2024–2025
4,251LinkedIn · Jul 2026
31 yr1995
0none in 3 months · last posted Jul 2026

Chain of pathology labs

Clinical laboratory chains
₹1,382.53 crFY 2023-24
Not reported
2,519+0% 12 mo to Aug 2023recorded Aug 2023
11 yr2015
3postings · last posted Sep 2026

Chain of diagnostic centers

Clinical laboratory chains
₹1,346.32 crFY 2024-25
+11%2024–2025
4,674+3% 12 mo to Sep 2024recorded Sep 2024
45 yr1981
0none in 3 months

Chain of radiology & pathology laboratory centers

Clinical laboratory chains
₹742.70 crFY 2024-25
+17%2024–2025
1,901+8% 12 mo to Aug 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months · last posted Jun 2026

Chain of diagnostic centers

Clinical laboratory chains
₹699.71 crFY 2024-25
+23%2024–2025
2,004+5% 12 mo to Sep 2023recorded Sep 2023
45 yr1981
2postings · last posted Aug 2026

Chains providing diagnostic testing services, health checkups, and doctor consultations

Clinical laboratory chains
₹436.26 crFY 2024-25
Not reported
2,010-9% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
1postings · last posted Sep 2026

Provider of DNA sequencing, bioinformatics, and multiomics services

Clinical laboratory chains
₹406.98 crFY 2024-25
Not reported
1,006+1% 12 mo to Jul 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Jul 2026

Provider of diagnostic services, including pathology testing and health checkup packages

Clinical laboratory chains
₹246.27 crFY 2024-25
Not reported
1,502+2% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jul 2026

Chain of pathology and radiology centers

Clinical laboratory chains
₹227.00 crFY 2022-23
Not reported
2,500recorded
26 yr2000
0none in 3 months

Chain of radiology & pathology laboratory centers

Clinical laboratory chains
₹232.17 crFY 2024-25
+31%2024–2025
—Not available
35 yr1991
0none in 3 months

Chain of radiology labs

Clinical laboratory chains
₹216.94 crFY 2024-25
+17%2024–2025
227+5% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of pathology, molecular diagnostics, and diagnostics imaging services

Clinical laboratory chains
₹193.45 crFY 2022-23
Not reported
494-5% 12 mo to Aug 2024LinkedIn · Jul 2026
21 yr2005
—No postings tracked

Chain of pathology labs

Clinical laboratory chains
₹201.83 crFY 2024-25
+19%2024–2025
518+9% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted May 2026

Chain of pathology and radiology centers

Clinical laboratory chains
₹182.46 crFY 2024-25
+30%2024–2025
362LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Jun 2026

Chain of diagnostic centers

Clinical laboratory chains
₹158.76 crFY 2022-23
Not reported
1,326-7% 12 mo to Nov 2023LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Chain of pathology laboratory centers

Clinical laboratory chains
₹149.02 crFY 2022-23
Not reported
855-62% 12 mo to Jul 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months · last posted Jun 2026

Provider of diagnostic imaging and pathology services

Clinical laboratory chains
₹156.25 crFY 2024-25
+4%2024–2025
235+1% 12 mo to Aug 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Chain of pathology and radiology labs

Clinical laboratory chains
₹119.94 crFY 2022-23
Not reported
640-2% 12 mo to Jun 2023LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Chain of radiology & pathology laboratory centers

Clinical laboratory chains
₹97.99 crFY 2021-22
Not reported
640-2% 12 mo to Jun 2023LinkedIn · Jul 2026
18 yr2008
1postings · last posted Aug 2026

Chain of radiology & pathology laboratory centers

Clinical laboratory chains
₹101.30 crFY 2022-23
Not reported
128-9% 12 mo to Dec 2023LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Chain of Diagnostic Centers

Clinical laboratory chains
₹105.80 crFY 2024-25
+14%2024–2025
454+8% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Chain of pathology laboratory services

Clinical laboratory chains
₹101.01 crFY 2024-25
+31%2024–2025
286+28% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Provider of end-to-end pathology, imaging, and non-invasive cardiology services

Clinical laboratory chains
₹90.12 crFY 2022-23
Not reported
364LinkedIn · Jul 2026
45 yr1981
0none in 3 months
50 of 220 companies shown here · the full list is on Radar
Fliar Radar

Explore all 220 clinical laboratory chains companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open clinical laboratory chains in India on Radar
  • Every company, not just 50All 220 clinical laboratory chains companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore clinical laboratory chains companies in India by what you are looking for

Browse top clinical laboratory chains in India, including pathology and radiology diagnostic chains. You can also find clinical laboratory startups in India, listed clinical laboratory companies in India and clinical laboratory chains hiring in India.

7 ways to explore clinical laboratory chains in India

Pathology lab chainsRadiology & diagnostic imaging centresAt-home lab testing & sample collection companiesGenomics & molecular diagnostics companiesListed clinical laboratory chains in IndiaClinical laboratory startups in India

Pathology lab chains

Chains of pathology laboratories offering blood tests and health check-ups.

  1. Lupin Diagnostics

    Chain of pathology laboratory centers

    Clinical laboratory chains
    See in list
  2. Dr Lal PathLabs

    Chain of pathology and radiology labs

    Clinical laboratory chains
    See in list
  3. Agilus Diagnostics

    Diagnostic chain providing quality blood test and full body checkup services

    Clinical laboratory chains
    See in list
  4. Metropolis India

    Chain of diagnostic centers

    Clinical laboratory chains
    See in list
  5. Redcliffe Labs

    Chains providing diagnostic testing services, health checkups, and doctor consultations

    Clinical laboratory chains
    See in list

Radiology & diagnostic imaging centres

Diagnostic chains offering X-ray, MRI, CT and other imaging services.

  1. Dr Lal PathLabs

    Chain of pathology and radiology labs

    Clinical laboratory chains
    See in list
  2. Suraksha Diagnostics

    Provider of pathology, molecular diagnostics, and diagnostics imaging services

    Clinical laboratory chains
    See in list
  3. Mahajan Imaging

    Provider of diagnostic imaging and pathology services

    Clinical laboratory chains
    See in list
  4. NM Medical

    Provider of end-to-end pathology, imaging, and non-invasive cardiology services

    Clinical laboratory chains
    See in list
  5. Kanva Diagnostic

    Healthcare system offering diagnostic services

    Clinical laboratory chains
    See in list

At-home lab testing & sample collection companies

Services that collect samples and run lab tests at your home.

  1. Redcliffe Labs

    Chains providing diagnostic testing services, health checkups, and doctor consultations

    Clinical laboratory chains
    See in list
  2. Accuprobe Diagnostics

    Provider of pathology testing services at home

    Home healthcare
    See in list
  3. Airmed

    Provider of a chain of diagnostic labs

    Clinical laboratory chains
    Website
  4. Pathkind Labs

    Provider of diagnostic services, including pathology testing and health checkup packages

    Clinical laboratory chains
    See in list
  5. SARAL Diagnostics

    Operator of a diagnostic center providing pathology, radiology, and imaging services

    Clinical laboratory chains
    Website

Genomics & molecular diagnostics companies

Labs offering genetic testing, DNA sequencing and molecular diagnostics.

  1. MedGenome

    Provider of DNA sequencing, bioinformatics, and multiomics services

    Clinical laboratory chains
    See in list
  2. Lilac Insights

    Provider of genetic diagnostic advisory services for infant

    Clinical laboratory chains
    See in list
  3. Lordsmed Pathology

    Chain of diagnostic labs providing specialized genetic testing services

    Clinical laboratory chains
    Website
  4. Rivaara Labs

    Provider of molecular diagnostic test lab

    Clinical laboratory chains
    Website

Listed clinical laboratory chains in India

Publicly listed diagnostic and laboratory chains in India.

  1. Dr Lal PathLabs

    Chain of pathology and radiology labs

    Clinical laboratory chains
    See in list
  2. Metropolis India

    Chain of diagnostic centers

    Clinical laboratory chains
    See in list
  3. PC Diagnostics

    Provider of diagnostic services, including pathology, imaging, and non-invasive cardiology

    Clinical laboratory chains
    See in list
  4. Nidan Health Care

    Chain of diagnostics clinics

    Clinic chains
    See in list
4 companies in India

Clinical laboratory startups in India

Newer clinical laboratory companies founded in the last few years in India.

  1. Yoda Diagnostics

    Diagnostic center offering advanced diagnostic services

    Clinical laboratory chains
    See in list
  2. Hubli Scan Center

    Diagnostic center providing high-quality medical health checkups and diagnostic services

    Clinical laboratory chains
    Website
  3. Marvel Path Lab

    Chain of pathology laboratories

    Clinical laboratory chains
    Website
  4. Extracare Diagnostics

    Chain of pathology laboratory centers

    Clinical laboratory chains
    Website
  5. GMRL Laboratories

    Healthcare organization that provides precision diagnostics and testing services, with a focus on pathology, molecular biology, and advanced cardiac risk assessments

    Clinical laboratory chains
    Website
15 companies in India

Clinical laboratory chains hiring in India

Clinical laboratory companies in India with open jobs right now.

  1. Lupin Diagnostics

    Chain of pathology laboratory centers

    Clinical laboratory chains
    See in list
  2. Agilus Diagnostics

    Diagnostic chain providing quality blood test and full body checkup services

    Clinical laboratory chains
    See in list
  3. Apollo Diagnostics

    Chain of pathology labs

    Clinical laboratory chains
    See in list
  4. Vijaya Diagnostic Centre

    Chain of diagnostic centers

    Clinical laboratory chains
    See in list
  5. Redcliffe Labs

    Chains providing diagnostic testing services, health checkups, and doctor consultations

    Clinical laboratory chains
    See in list
10 companies in India
Mobile reach

Top 10 clinical laboratory chains apps from India

The most-installed Android apps published by clinical laboratory chains companies headquartered in India — 21.7M installs between them. 30 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
3

Redcliffe Labs - Blood Test

by Redcliffe Labs

Installs3.9M
Rating4.7324K ratings
Installs, year on year+89%
Last updatedJun 2026
View on Google Play ↗
Redcliffe Labs - Blood Test screenshot 1Redcliffe Labs - Blood Test screenshot 2Redcliffe Labs - Blood Test screenshot 3Redcliffe Labs - Blood Test screenshot 4Redcliffe Labs - Blood Test screenshot 5Redcliffe Labs - Blood Test screenshot 6
5

Orange Health Lab Test At Home

by Orange Health

Installs1.1M
Rating—
Installs, year on year+31%
Last updatedMay 2026
View on Google Play ↗
Orange Health Lab Test At Home screenshot 1Orange Health Lab Test At Home screenshot 2Orange Health Lab Test At Home screenshot 3Orange Health Lab Test At Home screenshot 4Orange Health Lab Test At Home screenshot 5Orange Health Lab Test At Home screenshot 6
8

Metropolis Healthcare

by Metropolis India

Installs293K
Rating—
Installs, year on year+48%
Last updatedMay 2026
View on Google Play ↗
Metropolis Healthcare screenshot 1Metropolis Healthcare screenshot 2Metropolis Healthcare screenshot 3Metropolis Healthcare screenshot 4Metropolis Healthcare screenshot 5
The business behind the activity

Clinical laboratory chains financials in India

Revenue, profit and growth from the filed annual accounts of 89 clinical laboratory chains companies in India for FY24-25 — 106 of the 220 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 58% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹10,165.50 cr

89 companies filing accounts

combined net profit₹643.86 cr

6.3% aggregate margin

are profitable76%

68 of 89 companies

median revenue~₹16.3 cr

the typical company

median revenue growth+12%

into FY24-25

earned by the top five58%

revenue concentration

Six-year view

Combined revenue of filing companies

₹4,983.86 crFY19-2077 filers
₹6,490.66 crFY20-2180 filers
₹8,177.61 crFY21-2289 filers
₹7,978.51 crFY22-2396 filers
₹9,339.58 crFY23-2498 filers
₹10,165.50 crFY24-2589 filers

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

Like-for-like

The same 83 companies over three years

+32%
FY22-23₹7,614.37 cr₹148.16 cr net
FY23-24₹8,871.40 cr−₹11.99 cr net
FY24-25₹10,043.82 cr₹650.98 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 cr667% profitable
₹1–10 cr2688% profitable
₹10–100 cr4075% profitable
₹100–1,000 cr1560% profitable
Over ₹1,000 cr2100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking13
0–20%47
20–50%16
50–100%4
Doubled+5

85 companies with accounts for both years; median growth +12%.

Profitability

Profit is concentrated at the top

68profitable
21loss-making
6.3%aggregate margin
3.0%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
NuraFujifilm Dkh Llp
Konnect DiagnosticsKONNECT IMAGING AND DIAGNOSTICS PRIVATE LIMITED+131%₹76.85 cr
Orange HealthOrchard Healthcare Private Limited
AspiraASPIRA PATHLAB & DIAGNOSTICS LIMITED+64%₹22.39 cr
GDGENERAL DIAGNOSTICS INTERNATIONAL PRIVATE LIMITED
Lupin DiagnosticsLUPIN DIAGNOSTICS LIMITED+42%₹98.57 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
PC DiagnosticsInvicta Diagnostic Limited
NuraFujifilm Dkh Llp
Divine ScanDIVINE SCAN PRIVATE LIMITED27.0%₹15.03 cr
Sehgal Path LabNEUBERG SEHGAL PATH LAB PRIVATE LIMITED25.7%
Dhande Pathlab DiagnosticsDHANDE PATHLAB DIAGNOSTICS PRIVATE LIMITED
Dr Dangs LabDr Dangs Lab Llp
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Clinical laboratory chains86₹10,034.54 cr~₹15.7 cr76%6.4%
Leaders

Largest clinical laboratory chains companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Dr Lal PathLabsDR. LAL PATHLABS LIMITED₹2,463.14 cr₹497.26 cr20.2%+12%
Metropolis IndiaMETROPOLIS HEALTHCARE LIMITED₹1,233.59 cr₹124.80 cr10.1%+11%
Agilus DiagnosticsAGILUS DIAGNOSTICS LIMITED₹891.39 cr₹27.03 cr3.0%-1%
Krsnaa DiagnosticsKrsnaa Diagnostics Limited₹707.36 cr₹82.81 cr11.7%+17%
Vijaya Diagnostic CentreVijaya Diagnostic Centre Limited₹646.44 cr₹135.01 cr20.9%+18%
Redcliffe LabsREDCLIFFE LIFETECH PRIVATE LIMITED₹378.53 cr−₹116.02 cr-30.7%+12%
MedGenomeMEDGENOME LABS LIMITED₹331.98 cr₹57.72 cr17.4%+27%
Aarthi ScansAARTHI SCANS PRIVATE LIMITED₹300.72 cr₹8.29 cr2.8%+12%
Pathkind LabsPATHKIND DIAGNOSTICS PRIVATE LIMITED₹246.27 cr−₹46.85 cr-19.0%+4%
HealthMapHEALTHMAP DIAGNOSTICS PRIVATE LIMITED₹216.94 cr−₹1.24 cr-0.6%+17%
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.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full clinical laboratory chains landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the clinical laboratory chains landscape of India
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

Clinical laboratory chains funding and M&A across India

55 recorded equity rounds have gone to 253 clinical laboratory chains companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months2

US$59.50m

raised over five yearsUS$347.46m

16 rounds in India

M&A deals, India25

last 24 months

Capital by year

Equity funding into clinical laboratory chains in India

amount rounds
$43m20182
$27m20194
$63m20205
$70m20214
$168m20225
$7.1m20234
$54m20242
$48m20251

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$168.38m across 5 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$3.55m2 rounds · median US$1.77m
Series AUS$30.84m5 rounds · median US$7.30m
Series BUS$123.08m4 rounds · median US$25.04m
Series CUS$76.00m2 rounds · median US$38.00m
Series D+US$114.00m3 rounds · median US$47.50m
Where the money went · five years

Most-funded sub-sectors

Clinical laboratory chainsUS$347.46m16 rounds · 8 companies
Corporate activity · last 24 months

M&A in India

25Acquisition

Most active acquirers

  1. Metropolis healthcare10
  2. Krsnaa diagnostics3
  3. Fortis healthcare2
  4. ICICI Prudential Mutual Fund, HSBC Mutual Fund Midcap Fund, HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, Eastspring Investments1
  5. Icici prudential mutual fund1

Most acquired or merged

  1. Core diagnostics3
  2. Thyrocare technologies2
  3. Suraksha Diagnostic2
  4. Apulki Healthcare Private Limited2
  5. Agilus diagnostics2

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

Clinical laboratory chains funding in India

13 clinical laboratory chains companies in India have recorded equity funding, US$793.74m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind clinical laboratory chains companies in India. 100 of 220 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring clinical laboratory chains in India and nearby markets.

Coming soon