Company lists
The India edition · 2026

Diversified diagnosticscompanies in India

Diagnostic tests, point of care, devices & instruments, genomics, labs & services and more: the companies building diversified diagnostics in India, with their founders, funding, team size and business models.

94 company profiles56 with reported revenue3 with recorded fundingOctober 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent diversified diagnostics business events in India

Funding, M&A, contract wins and launches involving 126 diversified diagnostics companies in India, last 24 months: 5 M&A deals · 2 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jan 2026.

Funding

Sensa Core Medical Instrumentation

We are pleased to share that our client, Sensa Core Medical Instrumentation Private Limited (“SensaCore”), has successfully raised INR 650Cr from Motilal Oswal Alternates, marking one of…

Diagnostic Consumables
Funding

Sensa core

Sensa Core: The Hyderabad-based medical devices company raised $72 million from investment platform Motilal Oswal Alternates.

Medical Devices
M&AAcquisition · Announced

Motilal oswal alternates acquires Sensa core

4 months ago Motilal Oswal Alternates has acquired a significant minority stake in medical diagnostic equipment manufacturer Sensa Core for $72 million, the companies announced in a…

Medical diagnostics
M&AAcquisition · Rumored

KKR, TPG, Kedaara Capital, and Multiples Alternate Asset Management acquires Sensa Core Medical Instrumentation

Mumbai: KKR, TPG, Kedaara Capital, and Multiples Alternate Asset Management are among homegrown and global private equity firms in early-stage discussions to acquire a majority stake in…

Medical devices
M&AAcquisition · Pending

Applied Bioscience acquires PharmacoDynamics Research Inc.

Applied Bioscience International Inc. has acquired PharmacoDynamics Research Inc. for 2.9 million shares of APBI commonstock.

Contract clinical research, analytical chemistry and related services
M&AAcquisition · Announced

Applied Bioscience acquires Pharmaco Dynamics Research Inc.

Applied Bioscience International Inc. has signed of a letter of intent to acquire Pharmaco Dynamics Research Inc.

Contract clinical research
M&AAcquisition · Announced

Biomira Inc. acquires ADI Diagnostics

Biomira Inc. announced Monday that it has purchased all remaining outstanding shares of ADI Diagnostics Inc. from Cambridge Biotech Corp.

Diversified diagnostics companies in India, by revenue

Browse diversified diagnostics 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 56 diversified diagnostics 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

India's Leading In-vitro Diagnostic Company

Diversified medical devices
₹1,376.48 crFY 2021-22
Not reported
2,135+7% 12 mo to Mar 2024LinkedIn · Jul 2026
47 yr1979
2postings · last posted Sep 2026

Develops and markets electrolyte analyzers

Diversified diagnostics
₹313.88 crFY 2022-23
Not reported
257-3% 12 mo to Sep 2024recorded Sep 2024
20 yr2006
—No postings tracked

Healthcare solutions provider specializing in delivering comprehensive diagnostic and laboratory solutions

Diversified diagnostics
₹321.97 crFY 2024-25
+56%2024–2025
291+17% 12 mo to Mar 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Manufacturer of point-of-care rapid diagnostic tests for infectious diseases.

Diversified diagnostics
₹274.53 crFY 2024-25
-47%2024–2025
101-4% 12 mo to Sep 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Manufacturer of diagnostic equipment and devices

Diversified diagnostics
₹168.59 crFY 2022-23
Not reported
151LinkedIn · Jul 2026
38 yr1988
—No postings tracked

Reseller/ distributor in the in-vitro diagnostic industry

Diversified diagnostics
₹171.30 crFY 2024-25
Not reported
192LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

In Vitro diagnostic solutions for clinical laboratories

Diversified diagnostics
₹141.40 crFY 2022-23
Not reported
415LinkedIn · Jul 2026
23 yr2003
0none in 3 months · last posted Apr 2026

IVD and critical care devices

Diversified diagnostics
₹104.85 crFY 2024-25
+15%2024–2025
197-3% 12 mo to Jul 2024LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Manufacturer of diagnostic reagents and instrument

Diversified medical devices
₹82.21 crFY 2024-25
-1%2024–2025
259+14% 12 mo to Jul 2024recorded Jul 2024
36 yr1990
0none in 3 months

Diagnostic center offering a wide range of medical tests and services

Diversified diagnostics
₹61.31 crFY 2024-25
+21%2024–2025
106+7% 12 mo to Aug 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer of POC analyzers and rapid test

Traditional life sciences platforms & tools
₹48.34 crFY 2024-25
-7%2024–2025
—Not available
42 yr1984
0none in 3 months

Develops rapid tests, kits, automated lab instruments and POC devices for disease diagnosis

Diversified diagnostics
₹36.79 crFY 2022-23
Not reported
25+67% 12 mo to Aug 2024recorded Aug 2024
19 yr2007
—No postings tracked

Reagents and instruments for clinical diagnostic chemistry

Diversified diagnostics
₹31.52 crFY 2022-23
Not reported
86+13% 12 mo to Sep 2024recorded Sep 2024
17 yr2009
—No postings tracked

Manufacturer and Exporter of Rapid IVD kits and analyzers

Diversified diagnostics
₹32.43 crFY 2024-25
+2%2024–2025
—Not available
39 yr1987
0none in 3 months

Suite of clinical lab analyzers and reagents

Diversified diagnostics
₹27.46 crFY 2021-22
Not reported
1-86% 12 mo to Mar 2023recorded Mar 2023
23 yr2003
—No postings tracked

Manufacturer of diagnostic kits, OTC products, and reagents

Diversified diagnostics
₹27.36 crFY 2024-25
+92%2024–2025
99-8% 12 mo to Sep 2024LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Provider of diagnostic devices and reagents

Diversified diagnostics
₹21.38 crFY 2021-22
Not reported
17LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Manufacturer of IVD products

Diversified diagnostics
₹23.88 crFY 2024-25
+0%2024–2025
54-2% 12 mo to Sep 2024LinkedIn · Jul 2026
42 yr1984
0none in 3 months · last posted Jun 2026

IVD manufacturing company delivering diagnostics solutions

Diversified diagnostics
₹21.66 crFY 2023-24
Not reported
—Not available
6 yr2020
0none in 3 months

Provides research reagent for clinical diagnostic and life science research

Diversified diagnostics
₹19.04 crFY 2021-22
Not reported
52+6% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Manufactures & markets medical diagnostic reagents and devices

Diversified diagnostics
₹20.87 crFY 2024-25
-18%2024–2025
20-3% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Manufacturer of clinical products and rapid tests

Life sciences platforms and tools
₹17.85 crFY 2024-25
-41%2024–2025
5-29% 12 mo to Sep 2024recorded Sep 2024
27 yr1999
0none in 3 months

Provider of analytical devices

Diversified diagnostics
₹15.55 crFY 2021-22
Not reported
147-9% 12 mo to Sep 2024LinkedIn · Jul 2026
54 yr1972
0none in 3 months

Manufacturer of In‐vitro diagnostic tests and reagents

Diversified diagnostics
₹16.93 crFY 2024-25
-14%2024–2025
31LinkedIn · Jul 2026
44 yr1982
0none in 3 months

Provider of marketing diagnostic products catering to all segments of in vitro diagnostics

Diversified diagnostics
₹15.42 crFY 2024-25
+47%2024–2025
—Not available
5 yr2021
0none in 3 months
50 of 94 companies shown here · the full list is on Radar
Fliar Radar

Explore all 94 diversified diagnostics companies in India on Radar

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

Open diversified diagnostics in India on Radar
  • Every company, not just 50All 94 diversified diagnostics 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.
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Explore diversified diagnostics companies in India by what you are looking for

Browse diagnostics companies in India, from in-vitro diagnostic test makers to genomics and point of care testing firms. Find top diversified diagnostics companies in India, diagnostics startups in India and firms that are hiring.

7 ways to explore diversified diagnostics in India

In-vitro diagnostic test & reagent makersPoint of care & rapid test providersDiagnostic devices & instrumentsGenomics & genetic testing companiesDiagnostic labs & research servicesDiversified diagnostics startups in India

In-vitro diagnostic test & reagent makers

Manufacturers of diagnostic tests, reagents and kits for laboratories and clinics.

  1. Transasia Bio-medicals

    India's Leading In-vitro Diagnostic Company

    Diversified medical devices
    See in list
  2. Sensa Core

    Develops and markets electrolyte analyzers

    Diversified diagnostics
    See in list
  3. POCT Services

    Healthcare solutions provider specializing in delivering comprehensive diagnostic and laboratory solutions

    Diversified diagnostics
    See in list
  4. Premier Medical Corporation

    Manufacturer of point-of-care rapid diagnostic tests for infectious diseases.

    Diversified diagnostics
    See in list
  5. Vinod Medical Systems

    Manufacturer of diagnostic equipment and devices

    Diversified diagnostics
    See in list

Point of care & rapid test providers

Companies making rapid tests and point of care analyzers for infectious diseases and routine screening.

  1. Premier Medical Corporation

    Manufacturer of point-of-care rapid diagnostic tests for infectious diseases.

    Diversified diagnostics
    See in list
  2. Canary Biosensors

    Developer of point-of-care biosensors

    Diversified diagnostics
    Website
  3. Accurex

    Manufacturer of POC analyzers and rapid test

    Traditional life sciences platforms & tools
    See in list
  4. Avecon Healthcare

    Develops rapid tests, kits, automated lab instruments and POC devices for disease diagnosis

    Diversified diagnostics
    See in list
  5. Dfine Bio-Innovations

    Manufacturer of high quality IVD and POCT equipment’s

    Diversified diagnostics
    See in list

Diagnostic devices & instruments

Makers of diagnostic equipment, analyzers and medical devices.

  1. Transasia Bio-medicals

    India's Leading In-vitro Diagnostic Company

    Diversified medical devices
    See in list
  2. Medsource Ozone Biomedicals

    In Vitro diagnostic solutions for clinical laboratories

    Diversified diagnostics
    See in list
  3. Beacon Diagnostics

    Manufacturer of diagnostic reagents and instrument

    Diversified medical devices
    See in list
  4. Accurex

    Manufacturer of POC analyzers and rapid test

    Traditional life sciences platforms & tools
    See in list
  5. Consytel Life Sciences

    Developer of nanomedicine phytopharmaceuticals & biopharmaceuticals for immunology and smart devices addressing sustainable wellness

    Diversified diagnostics
    See in list

Genomics & genetic testing companies

Providers of genetic testing, sequencing and genomics research services.

  1. Accurex

    Manufacturer of POC analyzers and rapid test

    Traditional life sciences platforms & tools
    See in list
  2. GenePath Diagnostics

    Provider of diagnostic solutions for infectious diseases, cancers and genetic disorders

    Genomics
    Website
  3. Xcelris Labs

    Genomics research and diagnostic testing company

    Genomics
    Website
  4. GeneSupport

    Genetic testing company specializing in nutrigenomics.

    Genomics
    Website

Diagnostic labs & research services

Clinical laboratories, research labs and service providers supporting diagnostics.

  1. POCT Services

    Healthcare solutions provider specializing in delivering comprehensive diagnostic and laboratory solutions

    Diversified diagnostics
    See in list
  2. Recombigen Laboratories

    Manufacturer of clinical products and rapid tests

    Life sciences platforms and tools
    See in list
  3. Technoculture

    Developer of electrochemical sensing for blood tests

    Medical research labs
    Website
  4. RB Diagnostic

    Diagnostic center offering a wide range of medical tests and services

    Diversified diagnostics
    See in list
  5. Xcelris Labs

    Genomics research and diagnostic testing company

    Genomics
    Website

Diversified diagnostics startups in India

Newer diagnostics companies founded in recent years.

  1. DCLS

    Provider of marketing diagnostic products catering to all segments of in vitro diagnostics

    Diversified diagnostics
    See in list
  2. Encore Biomedicals

    Provider of range of rapid diagnostic kits for various diseases, including infectious and genetic disorders, offering an innovative solution for patient testing and diagnosis

    Diversified diagnostics
    See in list
  3. Retro Biotech

    Molecular diagnostics company that develops and commercializes multiplex qPCR assays for laboratory testing

    Diversified diagnostics
    Website
  4. Luminojen

    Developer of advanced illumination technologies for diverse applications and industries

    Diversified diagnostics
    Website
  5. Aimatis Biotech

    Developer of point-of-care and molecular diagnostic technologies for various applications

    Diversified diagnostics
    Website
9 companies in India

Diversified diagnostics companies hiring in India

Diagnostics companies with open roles right now.

  1. Transasia Bio-medicals

    India's Leading In-vitro Diagnostic Company

    Diversified medical devices
    See in list
  2. Matrix Labs

    Reseller/ distributor in the in-vitro diagnostic industry

    Diversified diagnostics
    See in list
  3. Medsource Ozone Biomedicals

    In Vitro diagnostic solutions for clinical laboratories

    Diversified diagnostics
    See in list
  4. Reckon Diagnostics

    Manufacturer of IVD products

    Diversified diagnostics
    See in list
4 companies in India
Mobile reach

Top 5 diversified diagnostics apps from India

The most-installed Android apps published by diversified diagnostics companies headquartered in India — 35K installs between them. 5 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 5
The business behind the activity

Diversified diagnostics financials in India

Revenue, profit and growth from the filed annual accounts of 45 diversified diagnostics companies in India for FY24-25 — 51 of the 94 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 73% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹2,810.66 cr

45 companies filing accounts

combined net profit₹372.80 cr

13.3% aggregate margin

are profitable78%

35 of 45 companies

median revenue~₹12.5 cr

the typical company

median revenue growth+5%

into FY24-25

earned by the top five73%

revenue concentration

Six-year view

Combined revenue of filing companies

₹826.84 crFY19-2039 filers
₹1,255.50 crFY20-2143 filers
₹1,784.61 crFY21-2246 filers
₹1,653.50 crFY22-2346 filers
₹2,901.68 crFY23-2447 filers
₹2,810.66 crFY24-2545 filers

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

Like-for-like

The same 40 companies over three years

-4%
FY22-23₹1,596.99 cr₹231.87 cr net
FY23-24₹1,735.77 cr₹293.51 cr net
FY24-25₹1,537.22 cr₹129.94 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 cr956% profitable
₹1–10 cr1362% profitable
₹10–100 cr1694% profitable
₹100–1,000 cr6100% profitable
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking16
0–20%15
20–50%4
50–100%4
Doubled+4

43 companies with accounts for both years; median growth +5%.

Profitability

Profit is concentrated at the top

35profitable
10loss-making
13.3%aggregate margin
2.4%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
Raj BiosisRAJ BIOSIS PRIVATE LIMITED
Bhat Bio-techBHAT BIO-TECH INDIA PRIVATE LIMITED+92%₹27.36 cr
ubioUBIO BIOTECHNOLOGY SYSTEMS PRIVATE LIMITED
DCLSDIAGNOCARE LIFE SCIENCES PRIVATE LIMITED+47%₹15.42 cr
Micro Lab InstrumentsMICROLAB INSTRUMENTS PRIVATE LIMITED
Rapid DiagnosticsRAPID DIAGNOSTIC PRIVATE LIMITED+15%₹104.85 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Transasia Bio-medicalsTRANSASIA BIO-MEDICALS LIMITED21.4%₹1,097.22 cr
Sensa CoreSENSA CORE MEDICAL INSTRUMENTATION PRIVATE LIMITED17.8%₹320.78 cr
Medsource Ozone BiomedicalsMEDSOURCE OZONE BIOMEDICALS PRIVATE LIMITED12.8%₹179.39 cr
Beacon DiagnosticsBEACON DIAGNOSTICS PVT LTD12.3%₹82.21 cr
Labcare DiagnosticsLAB-CARE DIAGNOSTICS (INDIA) PRIVATE LIMITED11.0%₹16.93 cr
Premier Medical CorporationPREMIER MEDICAL CORPORATION PRIVATE LIMITED7.9%₹274.53 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Diversified diagnostics39₹1,557.77 cr~₹4.3 cr79%8.2%
Leaders

Largest diversified diagnostics companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Transasia Bio-medicalsTRANSASIA BIO-MEDICALS LIMITED₹1,097.22 cr₹234.34 cr21.4%-3%
Sensa CoreSENSA CORE MEDICAL INSTRUMENTATION PRIVATE LIMITED₹320.78 cr₹57.02 cr17.8%+0%
Premier Medical CorporationPREMIER MEDICAL CORPORATION PRIVATE LIMITED₹274.53 cr₹21.58 cr7.9%-47%
Medsource Ozone BiomedicalsMEDSOURCE OZONE BIOMEDICALS PRIVATE LIMITED₹179.39 cr₹22.88 cr12.8%+5%
Vinod Medical SystemsVINOD MEDICAL SYSTEMS PRIVATE LIMITED₹177.85 cr₹2.89 cr1.6%+3%
Matrix LabsMATRIX LABS DIAGNOCARE PRIVATE LIMITED₹171.30 cr₹8.24 cr4.8%—
Rapid DiagnosticsRAPID DIAGNOSTIC PRIVATE LIMITED₹104.85 cr₹7.94 cr7.6%+15%
Beacon DiagnosticsBEACON DIAGNOSTICS PVT LTD₹82.21 cr₹10.09 cr12.3%-1%
RB DiagnosticR B DIAGNOSTIC PRIVATE LIMITED₹54.09 cr₹28.83 lakh0.5%+15%
AccurexACCUREX BIOMEDICAL PRIVATE LIMITED₹48.34 cr−₹9.31 lakh-0.2%-7%
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 diversified diagnostics 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 diversified diagnostics 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

Diversified diagnostics funding and M&A across India

10 recorded equity rounds have gone to 126 diversified diagnostics 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 months1

US$44k

equity rounds, last 24 months1

US$44k

raised over five yearsUS$202k

2 rounds in India

M&A deals, India5

last 24 months

Capital by year

Equity funding into diversified diagnostics in India

amount rounds
$43k20181
$81k20202
$158k20221
$44k20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$158k across 1 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

SeedUS$202k2 rounds · median US$101k
Where the money went · five years

Most-funded sub-sectors

Diversified diagnosticsUS$202k2 rounds · 2 companies
Corporate activity · last 24 months

M&A in India

5Acquisition

Most active acquirers

  1. Applied Bioscience2
  2. Motilal oswal alternates1
  3. KKR, TPG, Kedaara Capital, and Multiples Alternate Asset Management1
  4. Biomira Inc.1

Most acquired or merged

  1. Sensa core1
  2. Sensa Core Medical Instrumentation1
  3. PharmacoDynamics Research Inc.1
  4. Pharmaco Dynamics Research Inc.1
  5. ADI Diagnostics1

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

Founders and momentum in India

Meet the people behind diversified diagnostics companies in India. 63 of 94 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India diversified diagnostics companies by sub-sector

The most common specialisations among diversified diagnostics companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring diversified diagnostics in India and nearby markets.

Coming soon