Company lists
The Kerala edition · 2026

Healthcarecompanies in Kerala

Hospitals, clinics, ayurveda & alternative, home care & rehab, medical devices and more: the companies building healthcare in Kerala, with their founders, funding, team size and business models.

652 company profiles166 with reported revenue7 with recorded fundingSeptember 2026 edition
Kerala · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent healthcare business events in Kerala

Funding, M&A, contract wins and launches involving 744 healthcare companies in Kerala, last 24 months: 4 M&A deals · 3 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

FundingRights issue

Baby memorial hospital

KKR has pumped ₹1,750 crore in Baby Memorial Hospital by way of a rights issue as it positions the Kozhikode-based healthcare player for a larger region-wide footprint, according to…

Investors Kkr
Healthcare
M&AAcquisition · Completed

Baby memorial hospital acquires Meitra hospital

KKR-owned Kerala hospital chain Baby Memorial Hospital (BMH) has acquired a significant majority stake in Kozhikode-based Meitra Hospital

Healthcare
M&AAcquisition · Announced

Authum investment & infrastructure acquires Kerala ayurveda

Authum will acquire 18,00,000 equity shares of Kerala Ayurveda Limited at ₹558.65 per share, representing a 14.96% stake in the ayurvedic wellness firm.

Ayurvedic wellness firm
FundingPrivate placement of stock and warrants

Akesis pharmaceuticals

Private placement of stock and warrants 0.075S and 0.038W $0.15 Shares were sold at $2 each in the initial closing of a financing that could total $0.5M; the three-year warrants are…

M&AAcquisition · Announced

Somerset Indus Capital acquires Cyrix healthcare

Healthcare‑focussed PE firm Somerset Indus Capital has picked up a minority stake in Kochi‑based healthcare solutions provider Cyrix Healthcare for Rs 140 crore.

Healthcare companies in Kerala, by revenue

Browse healthcare companies in Kerala 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 166 healthcare companies in Kerala 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

Provider of a range of family healthcare products

Traditional medical devices
₹36,059.18 crFY 2021-22
Not reported
3,774LinkedIn · Jul 2026
60 yr1966
0none in 3 months · last posted Jun 2026

Standalone multispecialty hospital

Hospitals
₹907.79 crFY 2022-23
Not reported
207-0% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
—No postings tracked

Manufacturer of surgical & examination gloves

Manufacturing services
₹656.77 crFY 2021-22
Not reported
157LinkedIn · Jul 2026
52 yr1974
—No postings tracked

Standalone multispeciality hospital

Hospital chains
₹651.73 crFY 2024-25
+49%2024–2025
1,980-4% 12 mo to Feb 2024LinkedIn · Jul 2026
39 yr1987
0none in 3 months

Manufacturer of plant-based extracts and natural ingredient solutions

Alternative medicine products
₹572.21 crFY 2024-25
Not reported
126LinkedIn · Jul 2026
40 yr1986
0none in 3 months

In-Vitro diagnostic equipment

Traditional life sciences platforms & tools
₹520.96 crFY 2024-25
+17%2024–2025
1,253+1% 12 mo to Aug 2024LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Manufactures collagen supplements for joint health

Traditional nutraceuticals
₹428.52 crFY 2021-22
Not reported
652+0% 12 mo to Aug 2024recorded Aug 2024
51 yr1975
—No postings tracked

Provider of procurement, facility management, and infrastructure services for hospitals

Services for healthcare providers
₹467.12 crFY 2024-25
+9%2024–2025
50-6% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Distributor of diversified drugs

Pharmaceutical distributors
₹455.30 crFY 2023-24
+16%2023–2024
36LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Standalone multi-specialty hospital

Hospitals
₹236.94 crFY 2021-22
Not reported
750recorded
53 yr1973
—No postings tracked

Standalone multispeciality hospital

Hospital chains
₹260.60 crFY 2024-25
+9%2024–2025
1,991+9% 12 mo to Jun 2023LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Company focused on developing assisted reproductive techniques

Diversified medical devices
₹247.23 crFY 2024-25
+14%2024–2025
75LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Provider of medical equipment maintenance services

Services for healthcare providers
₹224.60 crFY 2024-25
-3%2024–2025
798+14% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
10postings · last posted Sep 2026

Provider of natural rubber centrifuged latex

Medical supplies and consumables
₹203.83 crFY 2023-24
-8%2023–2024
124LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Chain of multispeciality hospitals

Hospital chains
₹193.23 crFY 2022-23
Not reported
98-16% 12 mo to Sep 2024recorded Sep 2024
17 yr2009
—No postings tracked

Standalone multispeciality hospital

Hospitals
₹192.16 crFY 2024-25
+11%2024–2025
165LinkedIn · Jul 2026
40 yr1986
0none in 3 months

Provider of bespoke luxury and experiential travel services

Hospitals
₹192.06 crFY 2024-25
-6%2024–2025
1,713-2% 12 mo to Sep 2024recorded Sep 2024
27 yr1999
0none in 3 months

Standalone multi speciality hospital

Hospitals
₹188.93 crFY 2024-25
+28%2024–2025
547-3% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Standalone obstetrics & gynaecology, pediatrics hospital

Hospitals
₹167.68 crFY 2022-23
Not reported
279+7% 12 mo to Sep 2024recorded Sep 2024
16 yr2010
—No postings tracked

Standalone multispeciality hospital

Hospitals
₹176.37 crFY 2024-25
+14%2024–2025
375recorded
21 yr2005
0none in 3 months

Provider of cloud-based software for managing clinical and imaging data

Hospitals
₹169.21 crFY 2024-25
+24%2024–2025
—Not available
11 yr2015
0none in 3 months

Manufacturer of contemporary Indian spirits

Hospitals
₹165.81 crFY 2024-25
+7%2024–2025
280-6% 12 mo to Sep 2024LinkedIn · Jul 2026
44 yr1982
0none in 3 months

Stand alone multi-speciality hospital

Hospitals
₹158.63 crFY 2024-25
+12%2024–2025
177recorded
37 yr1989
0none in 3 months

Standalone multi speciality hospital

Hospitals
₹139.90 crFY 2024-25
+20%2024–2025
77+4% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
2postings · last posted Aug 2026

Multi-specialty hospital network providing minimally invasive procedures

Hospitals
₹120.20 crFY 2022-23
-2%2022–2023
—Not available
21 yr2005
5postings · last posted Aug 2026
50 of 652 companies shown here · the full list is on Radar
Fliar Radar

Explore all 652 healthcare companies in Kerala on Radar

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

Open healthcare in Kerala on Radar
  • Every company, not just 50All 652 healthcare companies in Kerala, 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 healthcare companies in Kerala by what you are looking for

Browse top healthcare companies in Kerala, from multispecialty hospitals and clinics to ayurvedic medicine makers and medical device suppliers. You can also find healthcare startups in Kerala and companies that are hiring or listed.

8 ways to explore healthcare in Kerala

Hospitals & hospital chainsClinics & specialty care centresAyurveda & alternative medicine companiesHome healthcare, rehabilitation & elder careMedical device makers & suppliersPharma, diagnostics & research labs

Hospitals & hospital chains

Multispecialty, single-specialty and ayurveda hospitals.

  1. Aster MIMS

    Standalone multispecialty hospital

    Hospitals
    See in list
  2. BMH

    Standalone multispeciality hospital

    Hospital chains
    See in list
  3. Medical Trust Hospital

    Standalone multi-specialty hospital

    Hospitals
    See in list
  4. Meditrina Hospitals

    Chain of multispeciality hospitals

    Hospital chains
    See in list
  5. Saraf Hospital

    Provider of bespoke luxury and experiential travel services

    Hospitals
    See in list

Clinics & specialty care centres

Dental, eye, skin, fertility and general clinics.

  1. Hair O Craft

    Company specializing in hair, skin & dental clinic

    Clinics
    Website
  2. Matria

    Provider of destination management services in Adria and Danube regions

    Clinics
    Website
  3. ARMC

    Chain of obstetrics & gynecology clinics

    Clinics
    Website
  4. DermaVue

    Provider of medical and surgical treatments for skin and hair conditions

    Clinic chains
    Website
  5. Our Family Clinic

    Chain of general clinics

    Clinics
    Website

Ayurveda & alternative medicine companies

Ayurvedic medicine makers, herbal products and traditional therapy centres.

  1. Gelixer

    Manufactures collagen supplements for joint health

    Traditional nutraceuticals
    See in list
  2. Oushadhi

    Provider of ayurvedic medicine manufacturing unit

    Alternative medicine products
    Website
  3. Vaidyaratnam

    Manufacturer of herbal medicines

    Alternative medicine products
    See in list
  4. Kerala Ayurveda

    Chain of complementary and alternative therapy hospitals

    Hospital chains
    See in list
  5. Sreedhareeyam

    Chain of ayurveda ophthalmology hospital

    Hospital chains
    See in list

Home healthcare, rehabilitation & elder care

Home nursing, physiotherapy, elder care and child development centres.

  1. Arden Home Health Care

    Provider of physiotherapy, cancer, and neurological care services

    Home healthcare
    Website
  2. Guardian Angel Home Care

    Provider of home healthcare services

    Home healthcare
    Website
  3. Happymindz

    Provider of elder care services including home care, nursing, and mental health support

    Home healthcare
    Website
  4. Easedementia

    Provider of dementia care services for redefining quality of life for individuals living with dementia

    Rehabilitation and long-term care
    Website
  5. SP Life Care

    Provider of elderly care services

    Home healthcare
    Website

Medical device makers & suppliers

Surgical gloves, medical equipment and device distributors.

  1. HLL Lifecare

    Provider of a range of family healthcare products

    Traditional medical devices
    See in list
  2. Kanam Latex Industries

    Manufacturer of surgical & examination gloves

    Manufacturing services
    See in list
  3. SAR Healthline

    Company focused on developing assisted reproductive techniques

    Diversified medical devices
    See in list
  4. Lenora

    Manufacturer of latex gloves for medical and dental use

    Traditional medical devices
    See in list
  5. Careon

    Manufacturer of surgical gowns, cord clamps, goggles, diapers, and other equipment

    Traditional medical devices
    See in list

Pharma, diagnostics & research labs

Drug distributors, contract research and diagnostic laboratories.

  1. MPC Pharma

    Distributor of diversified drugs

    Pharmaceutical distributors
    See in list
  2. Dr.shaji’s MRI centers

    Provider of advanced medical diagnostic imaging services

    Clinical laboratories
    Website
  3. Dianova

    Company that provides a wide range of products and services, including secondary antibodies, primary antibodies, and laboratory investigations

    Clinical laboratory chains
    Website
  4. Cloudex Radiology

    Chain of radiology labs

    Clinical laboratory chains
    Website
  5. KDC LAB

    Automated diagnostic laboratory offering a range of medical tests and services

    Home healthcare
    Website

Healthcare startups in Kerala

Newer healthcare companies founded in the last few years.

  1. Elixr Labs

    Provider of IT solutions for healthcare professionals

    Services for healthcare providers
    Website
  2. Grand Pharma

    Distributor of diversified drugs

    Pharmaceutical distributors
    Website
  3. SMARTHMS & Solutions

    Health Care Solutions provider company that provides advanced healthcare solutions using the latest technology

    Services for healthcare providers
    Website
  4. Piiko

    Provider of model railroad products and accessories for G scale & HO Scale

    Traditional medical devices
    Website
  5. Greenvein Healthcare

    Manufacturer of medical equipment

    Traditional medical devices
    Website
104 companies in Kerala

Healthcare companies hiring in Kerala

Healthcare companies in Kerala with open roles.

  1. HLL Lifecare

    Provider of a range of family healthcare products

    Traditional medical devices
    See in list
  2. Aster Medcity

    Standalone multispeciality hospital

    Hospital chains
    See in list
  3. Cyrix Healthcare

    Provider of medical equipment maintenance services

    Services for healthcare providers
    See in list
  4. Almas Hospital

    Standalone multi speciality hospital

    Hospitals
    See in list
  5. Sunrise Hospital

    Multi-specialty hospital network providing minimally invasive procedures

    Hospitals
    See in list
16 companies in Kerala
Mobile reach

Top 10 healthcare apps from Kerala

The most-installed Android apps published by healthcare companies headquartered in Kerala — 836K installs between them. 24 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Aster Health

by Aster

Installs499K
Rating—
Installs, year on year+500%
Last updatedMay 2026
View on Google Play ↗
Aster Health screenshot 1Aster Health screenshot 2Aster Health screenshot 3Aster Health screenshot 4Aster Health screenshot 5Aster Health screenshot 6
4

SNA Ayurveda Medicine

by Thaikatmooss

Installs34K
Rating5.0414 ratings
Last updatedFeb 2025
View on Google Play ↗
SNA Ayurveda Medicine screenshot 1SNA Ayurveda Medicine screenshot 2SNA Ayurveda Medicine screenshot 3SNA Ayurveda Medicine screenshot 4SNA Ayurveda Medicine screenshot 5
7

Lourdes Hospital

by Lourdes Hospital

Installs19K
Rating—
Last updatedFeb 2026
View on Google Play ↗
Lourdes Hospital screenshot 1Lourdes Hospital screenshot 2Lourdes Hospital screenshot 3Lourdes Hospital screenshot 4
The business behind the activity

Healthcare financials in Kerala

Revenue, profit and growth from the filed annual accounts of 152 healthcare companies in Kerala for FY24-25 — 182 of the 652 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 51% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹14,213.49 cr

152 companies filing accounts

combined net profit₹985.84 cr

6.9% aggregate margin

are profitable77%

117 of 152 companies

median revenue~₹12.8 cr

the typical company

median revenue growth+8%

into FY24-25

earned by the top five51%

revenue concentration

Six-year view

Combined revenue of filing companies

₹6,606.22 crFY19-20123 filers
₹10,663.49 crFY20-21135 filers
₹43,231.39 crFY21-22143 filers
₹12,376.35 crFY22-23150 filers
₹13,205.52 crFY23-24154 filers
₹14,213.49 crFY24-25152 filers

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

Like-for-like

The same 132 companies over three years

+20%
FY22-23₹11,609.76 cr₹652.41 cr net
FY23-24₹12,255.93 cr₹840.54 cr net
FY24-25₹13,909.84 cr₹957.06 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 cr2442% profitable
₹1–10 cr4475% profitable
₹10–100 cr5886% profitable
₹100–1,000 cr2492% 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

Shrinking38
0–20%73
20–50%16
50–100%8
Doubled+9

144 companies with accounts for both years; median growth +8%.

Profitability

Profit is concentrated at the top

117profitable
35loss-making
6.9%aggregate margin
2.7%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
Dr Rani Menon MaxivisionDR. RANI MENON MAXIVISION EYE HOSPITALS PRIVATE LIMITED
ubioUBIO BIOTECHNOLOGY SYSTEMS PRIVATE LIMITED+80%
Craft HospitalCRAFT FERTILITY CENTRE PRIVATE LIMITED+57%₹10.43 cr
Safeshield India Rubber ProductsSAFESHIELD INDIA RUBBER PRODUCTS PRIVATE LIMITED+55%
Hair O CraftADVANCED HAIR RESTORATION INDIA PRIVATE LIMITED+51%
WebCardioGADGEON MEDICAL SYSTEMS PRIVATE LIMITED+51%₹26.38 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Santhosh HospitalSANTOSH HOSPITALS PRIVATE LIMITED
AsterASTER HOSPITALS PRIVATE LIMITED48.9%
KrythiumKRYTHIUM SOLUTIONS PRIVATE LIMITED₹39.30 cr
BMHBABY MEMORIAL HOSPITAL LIMITED23.1%₹496.79 cr
Craft HospitalCRAFT FERTILITY CENTRE PRIVATE LIMITED22.7%₹10.43 cr
CARECHARM HEALTHCARE PRIVATE LIMITED₹40.67 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Hospitals50₹4,119.02 cr~₹27.8 cr80%7.3%
Hospital chains10₹1,200.22 cr~₹51.4 cr90%12.3%
Alternative medicine products6₹802.90 cr~₹63.0 cr67%5.6%
Traditional nutraceuticals5₹660.54 cr~₹34.4 cr80%14.2%
Traditional medical devices13₹230.22 cr~₹2.8 cr62%-4.4%
Clinics8₹86.02 cr~₹7.2 cr62%-1.4%
Medical device distributors5₹68.84 cr~₹5.6 cr100%2.9%
Clinical laboratory chains5₹52.87 cr~₹9.9 cr60%-0.5%
Leaders

Largest healthcare companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
HindlabsHLL LIFECARE LIMITED₹231.77 cr
Aster MIMSMALABAR INSTITUTE OF MEDICAL SCIENCES LTD₹1,127.68 cr₹134.51 cr11.9%+11%
GelixerNITTA GELATIN INDIA LIMITED₹537.43 cr₹82.21 cr15.3%+10%
Avt Natural ProductsAVT NATURAL PRODUCTS LIMITED₹536.50 cr₹38.07 cr7.1%+4%
AgappeAGAPPE DIAGNOSTICS LIMITED₹516.99 cr₹29.73 cr5.8%+17%
BMHBABY MEMORIAL HOSPITAL LIMITED₹496.79 cr₹114.70 cr23.1%+41%
Kanam Latex IndustriesKANAM LATEX INDUSTRIES PVT LTD₹495.64 cr9.0%+10%
HLL Infra Tech ServicesHLL INFRA TECH SERVICES LIMITED₹467.12 cr₹33.96 cr7.3%+9%
Medical Trust HospitalPULIKKAL MEDICAL FOUNDATION₹374.96 cr₹22.22 cr5.9%+14%
Aster MedcityDR. RAMESH CARDIAC AND MULTISPECIALITY HOSPITAL PRIVATE LIMITED₹260.60 cr₹12.82 cr4.9%+9%
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

Healthcare funding and M&A across India

1,369 recorded equity rounds have gone to 20,519 healthcare companies in India — how much, at which stage, into which sub-sectors, from whom, and how Kerala compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months36

US$595.07m

equity rounds, last 24 months118

US$1.37bn

raised over five yearsUS$5.38bn

511 rounds in India

M&A deals, Kerala4

last 24 months

Capital by year

Equity funding into healthcare in India

amount rounds
$767m201874
$582m201987
$406m202099
$1.6bn2021108
$1.2bn2022122
$632m202398
$696m202491
$808m202570
$443m202622

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$1.58bn across 108 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$168.40m100 rounds · median US$185k
SeedUS$201.43m194 rounds · median US$515k
Series AUS$735.07m89 rounds · median US$5.30m
Series BUS$656.01m58 rounds · median US$11.67m
Series CUS$944.91m22 rounds · median US$36.62m
Series D+US$1.52bn25 rounds · median US$34.18m
Private equityUS$1.16bn23 rounds · median US$25.00m
Where the money went · five years

Most-funded sub-sectors

Biopharma outsourcingUS$982.10m45 rounds · 35 companies
Hospital chainsUS$908.75m64 rounds · 31 companies
Clinic chainsUS$789.02m89 rounds · 47 companies
Traditional pharmaceuticalsUS$639.51m26 rounds · 20 companies
Clinical laboratory chainsUS$347.46m16 rounds · 8 companies
Fitness & wellness techUS$315.53m6 rounds · 1 companies
Medical device outsourcingUS$215.23m5 rounds · 5 companies
Corporate activity · last 24 months

M&A in Kerala

4Acquisition

Most active acquirers

  1. Baby memorial hospital2
  2. Authum investment & infrastructure1
  3. Somerset Indus Capital1

Most acquired or merged

  1. Meitra hospital1
  2. Chazhikattu Multi Speciality Hospital1
  3. Kerala ayurveda1
  4. Cyrix healthcare1

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

Healthcare funding in Kerala

7 healthcare companies in Kerala have recorded equity funding, US$42.48m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Kerala

Meet the people behind healthcare companies in Kerala. 208 of 652 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Kerala healthcare companies by sub-sector

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

Keep exploring healthcare in India and nearby markets.

Coming soon