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The Lucknow edition · 2026

Healthcarecompanies in Lucknow

Hospitals, pharma, diagnostics, clinics, medical devices and more: the companies building healthcare in Lucknow, Uttar Pradesh, with their founders, funding, team size and business models.

Explore in Radar See the ranked list ↓
136 company profiles46 with reported revenue1 with recorded fundingOctober 2026 edition
Lucknow · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent healthcare business events in India

Funding, M&A, contract wins and launches involving 20,519 healthcare companies in India, last 24 months: 414 M&A deals · 108 funding rounds · 104 Contracts · 26 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

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 · 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
FundingSecondary

Marengo asia healthcare

Marengo Asia Healthcare, the hospital platform backed by Samara Capital and the family offices of the Havells and Godrej groups, is seeking to raise ₹400-500 crore, with LeapFrog…

Investors Leapfrog investments, Ifc, Niif
Healthcare
M&AAcquisition · Announced

Marksans pharma acquires Qliniq

On June 1, 2026, Marksans Pharma Ltd confirmed the plan for acquisition of 100% of the share capital of QliniQ B.V. for a total consideration of €7,500,000.

Pharmaceutical
M&AAcquisition · Announced

Zydus lifesciences acquires Assertio

Paul, Weiss is advising Zydus Lifesciences Limited, an India-based global life sciences company, its acquisition of a U.S.-based pharmaceutical company focused on specialty and…

Pharmaceutical
M&AAcquisition · Announced

Torrent pharma acquires JB Chemicals & Pharma (JBCP)

The acquisition of JB Chemicals & Pharma (JBCP) appears strategically compelling, making it the 5th largest player in the domestic pharma market.

Pharma
M&AAcquisition · Announced

Anupam Rasayan India acquires Bliss gvs pharma

New Delhi, Specialty chemicals maker Anupam Rasayan India has signed an agreement to acquire up to 43.3 per cent stake in pharmaceutical formulations company Bliss GVS Pharma Ltd for an…

Pharmaceutical formulations
M&AMerger · Announced

Apollo health and lifestyle limited acquires Kids Clinic India Limited

Under the agreement, Apollo Health and Lifestyle Limited (AHLL), a subsidiary of Apollo Hospitals Enterprise, is combining its 'Apollo Cradle' and 'Apollo Fertility' units with Kids…

Healthcare
M&AAcquisition · Completed

Singularity Equity Fund 1 acquires Hemant Surgical Industries

Ace investor Madhusudan Kela has acquired a 5% stake in Hemant Surgical Industries, with the company allotting 6,49,600 equity shares to Singularity Equity Fund 1 — the fund through…

Medical consumables and surgical products
M&AAcquisition · Announced

Orchid pharma acquires Allecra

Orchid Pharma has acquired global rights to Enmetazobactam and the trademark Exblifep from Allecra, pending completion within three months.

Pharmaceuticals
M&AAcquisition · Announced

Niraj Rajnikant Shah acquires Speciality Medicines

Niraj Rajnikant Shah has signaled strong investor confidence in Speciality Medicines Ltd by planning to acquire 5,47,000 shares, increasing his stake to 6.22% of the company's total…

Pharmaceutical
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 · Completed

Max Healthcare Institute acquires Kalinga hospital

Max Healthcare Institute has successfully acquired a 58.28% controlling stake in Kalinga Hospital Ltd. (KHL) for an aggregate consideration of approximately ₹297.97 crore.

Healthcare
M&AAcquisition · Announced

Zydus lifesciences acquires Assertio Holdings

Zydus Lifesciences will acquire US-based Assertio Holdings in an all-cash transaction valued at around $166.4 million, as the Indian drugmaker steps up its presence in specialty…

Pharmaceutical
M&AAcquisition · Terminated

Vasa Denticity Limited acquires IDS Denmed

Vasa Denticity Limited has informed the National Stock Exchange of India Ltd that it and IDS Denmed Private Limited have mutually decided not to proceed with their proposed acquisition.

Dental/Business
M&AAcquisition · Announced

Sun pharmaceutical industries acquires Organon

The pharmaceutical sector accounted for the vast majority of the financial commitment, with planned investments exceeding $19.1 billion, led by Sun Pharmaceutical Industries Ltd, which…

Pharmaceutical
Contract

Sun pharma · client: Organon

Sun Pharma To Acquire Organon in USD 11.75 Billion Deal, Marks Biggest Indian Pharma Acquisition Ever.

M&AAcquisition · Completed

Piramal Pharma acquires Kenalog

Piramal Pharma recently completed the Kenalog acquisition

Pharmaceutical
FundingStrategic investment

Rivarp medical

Jashvik Capital today announced that its portfolio company, Futura Medtech, has made a strategic investment in Rivarp Medical, a Bengaluru-based manufacturer of medical devices and…

Investors Futura Medtech
Medical devices
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 · Announced

Organon acquires Sun pharma

US pharmaceutical company Organon is going to buy 100 percent stake in India 's Sun Pharma.

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
M&AAcquisition · Announced

Corona remedies acquires Dr. reddy's laboratories

Corona Remedies announced the acquisition of the Wokadine brand from Dr. Reddy's Laboratories to strengthen its presence in targeted specialty segment and offer wider accessibility.

Pharmaceuticals
M&AAcquisition · Announced

Corona remedies acquires Wokadine

Corona Remedies announced the acquisition of the Wokadine brand from Dr. Reddy's Laboratories to strengthen its presence in targeted specialty segment and offer wider accessibility.

Pharmaceuticals
ContractService

Aurobindo pharma · client: Msd

The company’s arm has expanded its contract manufacturing (CMO) agreement with MSD and plans to set up a new unit with an investment of $150–175 million, indicating a strong push in the…

FundingSeed

Last Mile Care

Last Mile Care Pvt Ltd, a burgeoning healthcare start-up, announced on Wednesday that it has successfully raised close to USD 1 million in a seed funding round masterminded by Philip…

Investors Philip Foundation's impact investment arm, World diabetes foundation, We Share Forward Foundation, High-net-worth individual investors
Healthcare
M&AAcquisition · Announced

Rubicon research acquires Arinna lifesciences

Apr 15: Rubicon Research Limited (“Rubicon” or the “Company”) today announced the acquisition of an 85% equity ownership in Arinna Lifesciences Limited (“Arinna”) from its current…

Pharmaceutical
M&AAcquisition · Completed

Carlyle acquires Knack global

Carlyle picked up a majority stake in Florida based Knack Global at a valuation of around $500 million.

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

Healthcare companies in Lucknow, by revenue

Browse healthcare companies in Lucknow by reported revenue, one-year revenue growth, revenue model, age and stage. The 46 companies below are the largest by their most recent reported revenue among 46 healthcare companies in Lucknow, Uttar Pradesh 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 46

Multi-super specialty hospital providing healthcare services

Hospitals
₹254.17 crFY 2024-25
+21%2024–2025
814-2% 12 mo to Sep 2024LinkedIn · Oct 2026
8 yr2018
0none in 3 months

Chain of radiology & pathology laboratory centers

Clinical laboratory chains
₹232.17 crFY 2024-25
+31%2024–2025
417LinkedIn · Oct 2026
35 yr1991
0none in 3 months

Manufacturer of medical devices and disposables

Traditional medical devices
₹110.16 crFY 2024-25
+6%2024–2025
80LinkedIn · Jul 2026
32 yr1994
0none in 3 months · last posted May 2026

Pharmaceutical company that manufactures and supplies a range of intravenous infusion formulations, including nutritional products, in glass and form-filled seal bottles

Diversified pharmaceuticals
₹95.44 crFY 2024-25
+8%2024–2025
60+20% 12 mo to Feb 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Manufacturer of tablets, capsules, syrup, semi-solids, and injectables

Biopharma outsourcing
₹70.00 crFY 2024-25
+53%2024–2025
102LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Best Pharmacy in India | Chandan Pharmacy

Pharmacies
₹44.47 crFY 2021-22
Not reported
76+52% 12 mo to Feb 2024recorded Feb 2024
—
—No postings tracked

Provider of in-vitro fertilization and women's healthcare services

Hospitals
₹44.90 crFY 2024-25
+16%2024–2025
27LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Chain of eye hospitals

Hospital chains
₹40.06 crFY 2024-25
+10%2024–2025
21+1% 12 mo to Sep 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Operator of multispeciality hospital

Hospitals
₹37.75 crFY 2024-25
+4%2024–2025
92+21% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Standalone eye care hospital

Hospitals
₹36.87 crFY 2024-25
+31%2024–2025
—Not available
11 yr2015
0none in 3 months

Welcome Vet Pharma is a animal health company that develops medicines for animals.

Veterinary healthcare providers
₹29.69 crFY 2021-22
Not reported
84+12% 12 mo to Feb 2024LinkedIn · Oct 2026
—
0none in 3 months · last posted Jun 2026

Provider of multi-specialty medical care, including IVF and surgical services

Hospitals
₹31.23 crFY 2024-25
+60%2024–2025
46LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Chain of pathology and imaging diagnostic centers

Clinical laboratories
₹26.55 crFY 2021-22
Not reported
24-4% 12 mo to Sep 2024recorded Sep 2024
72 yr1954
—No postings tracked

Provider of luxury hotel accommodations and wedding venue services

Hospitals
₹22.88 crFY 2021-22
Not reported
46LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Chains providing comprehensive treatments for various eye conditions and ailments

Hospitals
₹25.91 crFY 2024-25
+30%2024–2025
3LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Multi-specialty hospital providing critical care, trauma, surgical, and kidney ailments treatment services with advanced equipment and in-house blood bank and pharmacy facilities

Hospitals
₹25.67 crFY 2024-25
+3%2024–2025
26LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Super-specialty hospital providing comprehensive healthcare services, catering to patients with various medical conditions

Hospitals
₹24.98 crFY 2024-25
-15%2024–2025
91-19% 12 mo to Mar 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Standalone multispeciality hospital

Hospitals
₹20.90 crFY 2021-22
Not reported
76-28% 12 mo to Aug 2024LinkedIn · Jul 2026
31 yr1995
—No postings tracked

Manufacturer of tablets, capsules, injections, syrups, and ointments

Biopharma outsourcing
₹17.08 crFY 2024-25
+1%2024–2025
8LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Diagnostic imaging center that provides high-quality MRI scans and other medical services to patients

Clinical laboratory chains
₹15.75 crFY 2024-25
+18%2024–2025
—Not available
10 yr2016
0none in 3 months

Manufacturer of generic drugs

Traditional pharmaceuticals
₹15.70 crFY 2024-25
-3%2024–2025
17+18% 12 mo to Aug 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of urology and nephrology services, including kidney transplants

Hospitals
₹13.79 crFY 2024-25
+1%2024–2025
27LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Healthcare organization that provides ayurvedic medical education and treatment services

Higher education institutions
₹11.77 crFY 2021-22
Not reported
41-2% 12 mo to Mar 2024recorded Mar 2024
33 yr1993
0none in 3 months

Standalone eye care clinic

Clinics
₹11.91 crFY 2024-25
+8%2024–2025
5+10% 12 mo to Sep 2024LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Zodiacal Pharmaceutics is a pharmaceutical company that manufactures neurology, neuro-segment, and psychiatry products.

Traditional pharmaceuticals
₹9.32 crFY 2021-22
Not reported
12LinkedIn · Jul 2026
—
—No postings tracked
46 of 136 companies shown here · the full list is on Radar
Fliar Radar

Explore all 136 healthcare companies in Lucknow on Radar

This page shows the top 46. Radar has the complete, filterable list with contacts and live company signals.

Open healthcare in Lucknow on Radar
  • Every company, not just 50All 136 healthcare companies in Lucknow, 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 Lucknow by what you are looking for

Browse top healthcare companies in Lucknow, from hospitals and clinics to pharma and diagnostics. You can also find healthcare startups in Lucknow and healthcare companies hiring in Lucknow.

9 ways to explore healthcare in Lucknow

Hospitals & hospital chainsPharmaceutical manufacturers & distributorsDiagnostic labs, pathology & imaging centresClinics & specialty care centresMedical devices & equipment suppliersAyurvedic & alternative medicine companies

Hospitals & hospital chains

Multispecialty and single-specialty hospitals in the city.

  1. Chandan Hospital

    Multi-super specialty hospital providing healthcare services

    Hospitals
    See in list
  2. Javitri Hospital

    Provider of in-vitro fertilization and women's healthcare services

    Hospitals
    See in list
  3. Prakash Netra Kendr

    Chain of eye hospitals

    Hospital chains
    See in list
  4. Divine Heart Hospital

    Operator of multispeciality hospital

    Hospitals
    See in list
  5. Chandra Super Speciality Eye Hospital

    Standalone eye care hospital

    Hospitals
    See in list
28 companies in LucknowAll 1,426 hospitals companies in India →

Pharmaceutical manufacturers & distributors

Drug makers and medicine distributors and wholesalers.

  1. Kunal Remedies

    Pharmaceutical company that manufactures and supplies a range of intravenous infusion formulations, including nutritional products, in glass and form-filled seal bottles

    Diversified pharmaceuticals
    See in list
  2. Lucent Biotech

    Manufacturer of tablets, capsules, syrup, semi-solids, and injectables

    Biopharma outsourcing
    See in list
  3. Chandan Pharmacy

    Best Pharmacy in India | Chandan Pharmacy

    Pharmacies
    See in list
  4. Octane Biotech

    Manufacturer of tablets, capsules, injections, syrups, and ointments

    Biopharma outsourcing
    See in list
  5. Syntho Pharmaceuticals

    Manufacturer of generic drugs

    Traditional pharmaceuticals
    See in list
29 companies in LucknowAll 345 pharmaceutical distributors companies in India →

Diagnostic labs, pathology & imaging centres

Pathology laboratories and radiology and imaging centres.

  1. Chandan Diagnostic

    Chain of radiology & pathology laboratory centers

    Clinical laboratory chains
    See in list
  2. IPSUM

    Diagnostic imaging center that provides high-quality MRI scans and other medical services to patients

    Clinical laboratory chains
    See in list
  3. LifeCare Diagnostics

    Pathology and radiology diagnostic center that offers healthcare services, utilizing state-of-the-art technology and a wide range of diagnostic tests

    Clinical laboratory chains
    See in list
  4. Shambhavi Diagnostics

    Chain of pathology labs

    Clinical laboratory chains
    See in list
  5. QC Healthcare

    Pathology laboratory providing diagnostic services to hospitals and individuals

    Clinical laboratories
    See in list
11 companies in LucknowAll 138 clinical laboratory chains companies in India →

Clinics & specialty care centres

Eye, dental, skin, ayurveda and other specialty clinics.

  1. Garg Ophthalmic Centre

    Standalone eye care clinic

    Clinics
    See in list
  2. Jivak Ayurveda

    Standalone ayurveda clinic

    Clinics
    See in list
  3. Realtooth

    Chain of dental clinics

    Clinic chains
    See in list
  4. Mycosmeticsurgery

    Provider of surgical procedures for facial body and skin enhancement

    Clinics
    Website
  5. Drashokdixit

    Provider of homeopathic treatments and consultations for various health conditions

    Clinics
    Website
18 companies in LucknowAll 695 clinics companies in India →

Medical devices & equipment suppliers

Distributors and makers of medical equipment and surgical supplies.

  1. Hi-Tech Syringe

    Manufacturer of medical devices and disposables

    Traditional medical devices
    See in list
  2. RadMed Healthcare

    Technology company that designs, manufactures, and sells medical equipment and solutions for healthcare facilities, specializing in R&D, sales, and after-sales service

    Medical device outsourcing
    See in list
  3. Invoke Medical System

    Distributor of medical devices

    Medical device distributors
    See in list
  4. ASB Medical System

    Manufacturer and supplier of hospital and medical equipment

    Medical device distributors
    See in list
  5. Goltron

    Provider of laser machines for hair removal and dermatology treatments

    Traditional medical devices
    Website
13 companies in LucknowAll 277 medical device distributors companies in India →

Ayurvedic & alternative medicine companies

Ayurvedic, homeopathic and herbal medicine makers and sellers.

  1. Hahnemann Scientific Laboratory

    Retailer of homeopathy products

    Alternative medicine products
    See in list
  2. Jivak Ayurveda

    Standalone ayurveda clinic

    Clinics
    See in list
  3. Avail Healthcare

    Supplier of ayurvedic syrup, capsules, and tablets

    Pharmaceutical distributors
    See in list
  4. Green Essence Marketing Limited

    GREEN ESSENCE is one of the fastest growing product based company in UTTAR PRADESH, its presence in 30 Cities in UTTAR PRADESH with its network of 200 channel partners and 45 investors.

    Alternative medicine products
    Website
  5. Vedchakra

    Manufacturer of herbal medicine products

    Alternative medicine products
    Website
11 companies in LucknowAll 283 alternative medicine products companies in India →

Home healthcare & telemedicine services

Home nursing, teleconsultation and healthcare service providers.

  1. MedCab

    MedCab is an online ambulance booking app in India that offers low-cost ambulance services for emergency medical transportation.

    Services for healthcare providers
    See in list
  2. Chikitsa Mitra

    Provider of telemedicine services

    Home healthcare
    See in list
  3. DRCFO

    Provider of a comprehensive healthcare management system for medical practice

    Services for healthcare providers
    Website
  4. Home Health Support

    Company that provides home care assistance to seniors, disabled individuals, and other eligible populations

    Home healthcare
    Website
  5. Florence Home Health & Elder Care

    Provider of nursing, physiotherapy, medical equipments, and other home care services

    Home healthcare
    Website
17 companies in LucknowAll 225 home healthcare companies in India →

Healthcare startups in Lucknow

Newer healthcare companies founded in the last few years.

  1. Garg Ophthalmic Centre

    Standalone eye care clinic

    Clinics
    See in list
  2. MedCab

    MedCab is an online ambulance booking app in India that offers low-cost ambulance services for emergency medical transportation.

    Services for healthcare providers
    See in list
  3. Arohan Partners

    Provider of primary healthcare system strengthening through data-driven and community solutions

    Services for healthcare providers
    Website
  4. Vedchakra

    Manufacturer of herbal medicine products

    Alternative medicine products
    Website
  5. Innersoul

    Company offering therapy solutions, including counseling, coaching, and workshops, to individuals and couples seeking mental wellness and personal growth

    Rehabilitation and long-term care
    Website
32 companies in Lucknow

Healthcare companies hiring in Lucknow

Healthcare companies with open roles right now.

  1. Hi-Tech Syringe

    Manufacturer of medical devices and disposables

    Traditional medical devices
    See in list
  2. Welcomevetpharma

    Welcome Vet Pharma is a animal health company that develops medicines for animals.

    Veterinary healthcare providers
    See in list
  3. AhaTherapy

    Provider of practice management platform for mental health professionals

    Services for healthcare providers
    Website
3 companies in Lucknow
Mobile reach

Top 6 healthcare apps from Lucknow

The most-installed Android apps published by healthcare companies headquartered in Lucknow — 43K installs between them. 6 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 6
4

Medcab Manpower Vendor

by MedCab

Installs37
Rating—
Last updatedApr 2026
Legal entityMED-CAB CARE PRIVATE LIMITEDCIN U86909UP2023PTC179130
View on Google Play ↗
Medcab Manpower Vendor screenshot 1Medcab Manpower Vendor screenshot 2Medcab Manpower Vendor screenshot 3Medcab Manpower Vendor screenshot 4Medcab Manpower Vendor screenshot 5Medcab Manpower Vendor screenshot 6
6

My Health Vaults

by DRCFO

Installs8
Rating—
Last updatedJan 2026
Legal entityDRCFO MANAGEMENT CONSULTANTS PRIVATE LIMITEDCIN U74999UP2020PTC128942
View on Google Play ↗
My Health Vaults screenshot 1My Health Vaults screenshot 2My Health Vaults screenshot 3
The business behind the activity

Healthcare financials in Lucknow

Revenue, profit and growth from the filed annual accounts of 42 healthcare companies in Lucknow, Uttar Pradesh for FY24-25 — 48 of the 136 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 64% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,877.09 cr

42 companies filing accounts

combined net profit₹131.64 cr

7.0% aggregate margin

are profitable88%

37 of 42 companies

median revenue~₹14.8 cr

the typical company

median revenue growth+6%

into FY24-25

earned by the top five64%

revenue concentration

Six-year view

Combined revenue of filing companies

₹827.27 crFY19-2037 filers
₹842.92 crFY20-2138 filers
₹1,077.97 crFY21-2237 filers
₹1,388.44 crFY22-2339 filers
₹1,619.08 crFY23-2441 filers
₹1,877.09 crFY24-2542 filers

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

Like-for-like

The same 37 companies over three years

+31%
FY22-23₹1,386.25 cr₹64.44 cr net
FY23-24₹1,568.25 cr₹78.50 cr net
FY24-25₹1,816.54 cr₹119.02 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 cr967% profitable
₹1–10 cr888% profitable
₹10–100 cr2095% profitable
₹100–1,000 cr5100% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking11
0–20%20
20–50%2
50–100%4
Doubled+2

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

Profitability

Profit is concentrated at the top

37profitable
5loss-making
7.0%aggregate margin
3.2%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
Hahnemann Scientific LaboratoryHAHNEMANN SCIENTIFIC LABORATORY (INDIA) PRIVATE LIMITED
AJANTA HOSPITAL & IVF CENTREAJANTA HOSPITAL AND IVF CENTRE PRIVATE LIMITED+60%₹31.23 cr
Shakun SalesSHAKUN SALES PRIVATE LIMITED+54%
Lucent BiotechLUCENT BIOTECH LIMITED+53%₹70.00 cr
Chandra Super Speciality Eye HospitalCHANDRA MOTHER & EYE CARE PRIVATE LIMITED+31%₹36.87 cr
Chandan DiagnosticChandan Healthcare Limited+29%₹130.47 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Javitri HospitalJAVITRI TEST-TUBE BABY CENTRE PRIVATE LIMITED40.3%₹44.90 cr
Chandra Super Speciality Eye HospitalCHANDRA MOTHER & EYE CARE PRIVATE LIMITED36.5%₹36.87 cr
AJANTA HOSPITAL & IVF CENTREAJANTA HOSPITAL AND IVF CENTRE PRIVATE LIMITED26.6%₹31.23 cr
Prakash Netra KendrPRAKASH NETRA KENDR PRIVATE LIMITED26.2%₹40.06 cr
Shekhar HospitalSHEKHAR HOSPITAL PRIVATE LIMITED19.5%₹19.21 cr
Garg Ophthalmic CentreGARG OPHTHALMIC CENTRE PRIVATE LIMITED17.7%₹11.91 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Hospitals11₹505.81 cr~₹25.7 cr100%14.7%
Leaders

Largest healthcare companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Eugenics Medi SciencesEUGENICS MEDI SCIENCES PRIVATE LIMITED₹609.99 cr₹3.74 cr+12%
Chandan HospitalCHANDAN HOSPITAL LIMITED₹248.41 cr₹17.59 cr7.1%+19%
Chandan DiagnosticChandan Healthcare Limited₹130.47 cr₹20.78 cr15.9%+29%
Hi-Tech SyringeHI-TECH MEDICS PRIVATE LIMITED₹110.16 cr₹3.32 cr3.0%+6%
Shakun SalesSHAKUN SALES PRIVATE LIMITED₹95.63 lakh0.9%+54%
Kunal RemediesKUNAL REMEDIES PRIVATE LIMITED₹95.44 cr₹1.60 cr1.7%+8%
Lucent BiotechLUCENT BIOTECH LIMITED₹70.00 cr₹9.83 cr14.0%+53%
WelcomevetpharmaWELCOMEVET PHARMA PRIVATE LIMITED₹48.70 cr₹3.64 cr7.5%+4%
Javitri HospitalJAVITRI TEST-TUBE BABY CENTRE PRIVATE LIMITED₹44.90 cr₹18.08 cr40.3%+16%
Prakash Netra KendrPRAKASH NETRA KENDR PRIVATE LIMITED₹40.06 cr₹10.50 cr26.2%+10%
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 Lucknow compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months31

US$474.33m

equity rounds, last 24 months109

US$1.34bn

raised over five yearsUS$5.38bn

511 rounds in India

M&A deals, India414

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 India

381Acquisition
30Merger
2Completed

Most active acquirers

  1. Torrent pharmaceuticals28
  2. Sun pharmaceutical industries10
  3. Metropolis healthcare10
  4. Biocon9
  5. Mankind pharma9

Most acquired or merged

  1. Sahyadri hospitals10
  2. Novartis india7
  3. Schott poonawalla7
  4. La Renon Healthcare6
  5. Medley4

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

Founders and momentum in Lucknow

Meet the people behind healthcare companies in Lucknow. 41 of 136 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Lucknow healthcare companies by sub-sector

The most common specialisations among healthcare companies in Lucknow. 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