Company lists
The Panchkula edition · 2026

Healthcarecompanies in Panchkula

Pharma manufacturers, pharma distributors, contract manufacturing, ayurvedic & nutraceuticals, hospitals & clinics and more: the companies building healthcare in Panchkula, with their founders, funding, team size and business models.

161 company profiles50 with reported revenue1 with recorded fundingOctober 2026 edition
Panchkula · 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: 412 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…

Healthcare
M&AAcquisition · Announced

Marksans pharma acquires Qliniq

Marksans Pharma Ltd on Monday announced that it has entered into a definitive agreement to acquire 100 per cent of the share capital of Netherlands-based QliniQ B.V.

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 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
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
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

Thane-based Rubicon Research Limited has acquired an 85 per cent equity stake in Ahmedabad-based Arinna Lifesciences Limited, marking its entry into India's domestic formulations market,…

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 Panchkula, by revenue

Browse healthcare companies in Panchkula 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 50 healthcare companies in Panchkula 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

CDMO focused on manufacturing pharmaceutical formulations and quality assurance services

Biopharma outsourcing
₹1,255.72 crFY 2024-25
+15%2024–2025
783-92% 12 mo to Jun 2024LinkedIn · Oct 2026
20 yr2006
0none in 3 months

Developer of therapeutics for oncology and dermatology

Oncology
₹368.79 crFY 2024-25
+24%2024–2025
266+31% 12 mo to Jul 2024LinkedIn · Oct 2026
21 yr2005
0none in 3 months

Provider of multi-specialty hospital services

Hospitals
₹345.09 crFY 2024-25
+21%2024–2025
102LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Developer and manufacturer of impurities and phytochemicals

Biopharma outsourcing
₹66.60 crFY 2024-25
+14%2024–2025
304+37% 12 mo to Sep 2024LinkedIn · Jul 2026
25 yr2001
0none in 3 months · last posted Jun 2026

Manufacturer of medicines and pharmaceutical products

Traditional pharmaceuticals
₹64.64 crFY 2024-25
+6%2024–2025
3+0% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
0none in 3 months

Manufacturer of pharmaceutical tablets, injectables, and gastrointestinal drugs

Traditional pharmaceuticals
₹58.54 crFY 2024-25
+5%2024–2025
5-24% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Company engaged in the development, manufacturing, and supply of a wide range of pharmaceutical products

Pharmaceutical distributors
₹55.52 crFY 2024-25
+17%2024–2025
—Not available
21 yr2005
0none in 3 months

R&D company focused on manufacturing of medical devices for multiple therapeutic areas

Diversified medical devices
₹44.60 crFY 2021-22
Not reported
257LinkedIn · Oct 2026
51 yr1975
0none in 3 months

Manufacturer & distributor of diversified drugs

Traditional pharmaceuticals
₹38.10 crFY 2024-25
+9%2024–2025
34+34% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Provider of pharmaceutical tablets, capsules, injections, syrups, and dry syrups

Pharmaceutical distributors
₹36.39 crFY 2024-25
+15%2024–2025
—Not available
10 yr2016
0none in 3 months

Manufacturer of pharmaceutical products including tablets, capsules, dry syrups, and injections

Traditional pharmaceuticals
₹36.31 crFY 2024-25
+25%2024–2025
—Not available
13 yr2013
0none in 3 months

CDMO focused on manufacturing dietary supplements

Biopharma outsourcing
₹30.06 crFY 2021-22
Not reported
24+4% 12 mo to Feb 2024recorded Feb 2024
9 yr2017
—No postings tracked

Manufacturer and distributor of pharmaceutical, Ayurvedic, and nutraceutical products

Traditional pharmaceuticals
₹30.44 crFY 2024-25
+0%2024–2025
32LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Manufacturer of drugs

Traditional pharmaceuticals
₹29.87 crFY 2024-25
+15%2024–2025
32LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Provider of local radio broadcasting and online audio streaming services

Traditional pharmaceuticals
₹21.17 crFY 2024-25
+57%2024–2025
3LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of marketing services to biopharma sector

Biopharma outsourcing
₹18.79 crFY 2024-25
+47%2024–2025
—Not available
14 yr2012
0none in 3 months

Standalone eye care hospital

Hospitals
₹18.67 crFY 2024-25
+3%2024–2025
39+3% 12 mo to Sep 2024LinkedIn · Jul 2026
31 yr1995
0none in 3 months

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

Traditional pharmaceuticals
₹14.75 crFY 2021-22
Not reported
37+9% 12 mo to Sep 2024LinkedIn · Jul 2026
59 yr1967
—No postings tracked

Provider of nutritional supplements

Traditional nutraceuticals
₹15.47 crFY 2024-25
+13%2024–2025
—Not available
14 yr2012
0none in 3 months

CDMO focused on manufacturing drugs formulations for biopharma sector

Biopharma outsourcing
₹15.46 crFY 2024-25
+7%2024–2025
—Not available
14 yr2012
0none in 3 months

Wholesaler of pharmaceutical tablets, syrup, and injections

Pharmaceutical distributors
₹14.93 crFY 2024-25
+320%2024–2025
—Not available
6 yr2020
0none in 3 months

Contract manufacturer of WHO-GMP certified pharmaceutical formulations

Traditional pharmaceuticals
₹13.54 crFY 2024-25
+1%2024–2025
116LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Pharmaceutical company that manufactures and markets a range of pharmaceutical products

Biopharma outsourcing
₹12.87 crFY 2024-25
+15%2024–2025
25LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of pharmaceutical tablets and pharma tablets

Traditional pharmaceuticals
₹11.85 crFY 2024-25
+16%2024–2025
—Not available
7 yr2019
0none in 3 months

Distributor of pharmaceutical drugs

Pharmaceutical distributors
₹11.34 crFY 2024-25
+21%2024–2025
—Not available
10 yr2016
0none in 3 months
50 of 161 companies shown here · the full list is on Radar
Fliar Radar

Explore all 161 healthcare companies in Panchkula on Radar

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

Open healthcare in Panchkula on Radar
  • Every company, not just 50All 161 healthcare companies in Panchkula, 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 Panchkula by what you are looking for

Looking for healthcare companies in Panchkula? Browse pharmaceutical manufacturers and distributors, contract drug makers, hospitals and clinics, and healthcare startups in Panchkula.

8 ways to explore healthcare in Panchkula

Pharmaceutical manufacturersPharma distributors & PCD franchise companiesContract drug manufacturing (CDMO) & pharma outsourcingAyurvedic, herbal & nutraceutical companiesHospitals, clinics & dental careLaboratory equipment & scientific instruments

Pharmaceutical manufacturers

Makers of tablets, capsules, injections and syrups.

  1. Theogen

    Manufacturer of medicines and pharmaceutical products

    Traditional pharmaceuticals
    See in list
  2. Solitaire Pharmacia

    Manufacturer of pharmaceutical tablets, injectables, and gastrointestinal drugs

    Traditional pharmaceuticals
    See in list
  3. Biomax Biotechnics

    Manufacturer & distributor of diversified drugs

    Traditional pharmaceuticals
    See in list
  4. Servocare Lifesciences

    Manufacturer of drugs

    Traditional pharmaceuticals
    See in list
  5. Magnus Life Sciences

    Provider of local radio broadcasting and online audio streaming services

    Traditional pharmaceuticals
    See in list

Pharma distributors & PCD franchise companies

Wholesalers and distributors of pharmaceutical products.

  1. Theogen

    Manufacturer of medicines and pharmaceutical products

    Traditional pharmaceuticals
    See in list
  2. Solitaire Pharmacia

    Manufacturer of pharmaceutical tablets, injectables, and gastrointestinal drugs

    Traditional pharmaceuticals
    See in list
  3. Megma Health Care

    Company engaged in the development, manufacturing, and supply of a wide range of pharmaceutical products

    Pharmaceutical distributors
    See in list
  4. Biomax Biotechnics

    Manufacturer & distributor of diversified drugs

    Traditional pharmaceuticals
    See in list
  5. Novalab Health Care

    Provider of pharmaceutical tablets, capsules, injections, syrups, and dry syrups

    Pharmaceutical distributors
    See in list

Contract drug manufacturing (CDMO) & pharma outsourcing

Contract manufacturers, API producers and research outsourcing partners.

  1. Innova Captab

    CDMO focused on manufacturing pharmaceutical formulations and quality assurance services

    Biopharma outsourcing
    See in list
  2. Beta Drugs

    Developer of therapeutics for oncology and dermatology

    Oncology
    See in list
  3. Pharmaffiliates Analytics & Synthetics

    Developer and manufacturer of impurities and phytochemicals

    Biopharma outsourcing
    See in list
  4. Innovative Lifesciences

    CDMO focused on manufacturing drugs formulations for biopharma sector

    Biopharma outsourcing
    See in list
  5. Vibcare Pharma

    Contract manufacturer of WHO-GMP certified pharmaceutical formulations

    Traditional pharmaceuticals
    See in list

Ayurvedic, herbal & nutraceutical companies

Makers of ayurvedic medicines, herbal products and dietary supplements.

  1. Astonea Labs

    CDMO focused on manufacturing dietary supplements

    Biopharma outsourcing
    See in list
  2. Spa Newtraceuticals Pharma

    Provider of nutritional supplements

    Traditional nutraceuticals
    See in list
  3. Alna Vedic

    Manufacturer & exporter of ayurvedic medicines

    Alternative medicine products
    Website
  4. MuscleXP

    Online private label brand of sports nutrition products

    Traditional nutraceuticals
    Website
  5. Nutica Herbocare

    Manufacturer of herbal syrup, capsules, tablets, and other products

    Alternative medicine products
    Website

Hospitals, clinics & dental care

Multispecialty hospitals, eye, dental, orthopaedic and physiotherapy clinics.

  1. Alchemist Hospital

    Provider of multi-specialty hospital services

    Hospitals
    See in list
  2. Drishti Eye Hospital

    Standalone eye care hospital

    Hospitals
    See in list
  3. Ojas Hospital

    Standalone multispecialty hospital

    Hospitals
    Website
  4. Advanced Physiocare

    Provider of physiotherapy treatments for injury recovery and condition management

    Clinics
    Website
  5. Bajaj Orthopaedic Centre

    Standalone orthopaedic clinic

    Clinics
    Website

Laboratory equipment & scientific instruments

Suppliers of lab instruments, consumables and analytical equipment.

  1. RMS

    R&D company focused on manufacturing of medical devices for multiple therapeutic areas

    Diversified medical devices
    See in list
  2. ESICO INTERNATIONAL

    Manufacturer and supplier of scientific instruments and laboratory equipment

    Medical device distributors
    Website
  3. Quantum Scientific Industries

    Provider of laboratory research instruments

    Traditional life sciences platforms & tools
    Website
  4. Strategic Solutions

    Company focused on creating, producing, and managing scientific equipments

    Biopharma outsourcing
    Website
  5. Nocospray

    Provider of medical equipment

    Medical supplies and consumables
    Website
5 companies in Panchkula

Veterinary health products & services

Animal health medicines, feed supplements and veterinary services.

  1. Avosia

    Veterinary pharmaceutical company that manufactures and exports a range of animal health products

    Services to veterinary health
    See in list
  2. Zovix Pharmaceuticals

    Manufacturer of pharmaceuticals for animal health

    Veterinary health products
    Website
  3. Vetpolis

    Provider of veterinary medicines and feed supplements

    Veterinary health products
    Website
3 companies in Panchkula

Healthcare startups in Panchkula

Newer healthcare companies in Panchkula.

  1. Semlon Remedies

    Provider of pharmaceutical products, including oral liquids and hard gel capsules

    Traditional pharmaceuticals
    See in list
  2. Feravix Lifesciences

    Distributor of generic drugs

    Pharmaceutical distributors
    See in list
  3. Medifinity Healthcare

    Supplier of diversified drugs

    Pharmaceutical distributors
    See in list
  4. Shagun Medi Testing

    Provider of non-destructive testing and calibration services for various industries

    Medical research labs
    See in list
  5. Efpia

    CDMO focused on manufacturing pharmaceutical drugs

    Biopharma outsourcing
    Website
23 companies in Panchkula
The business behind the activity

Healthcare financials in Panchkula

Revenue, profit and growth from the filed annual accounts of 50 healthcare companies in Panchkula for FY24-25 — 51 of the 161 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 72% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹2,204.83 cr

50 companies filing accounts

combined net profit₹190.96 cr

8.7% aggregate margin

are profitable94%

47 of 50 companies

median revenue~₹10.8 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five72%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,077.23 crFY19-2041 filers
₹1,140.32 crFY20-2145 filers
₹1,728.06 crFY21-2246 filers
₹1,859.48 crFY22-2348 filers
₹2,036.78 crFY23-2449 filers
₹2,204.83 crFY24-2550 filers

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

Like-for-like

The same 48 companies over three years

+18%
FY22-23₹1,859.48 cr₹104.23 cr net
FY23-24₹2,036.23 cr₹142.83 cr net
FY24-25₹2,199.85 cr₹190.94 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 cr1100% profitable
₹1–10 cr2391% profitable
₹10–100 cr2396% profitable
₹100–1,000 cr3100% 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%23
20–50%7
50–100%2
Doubled+6

49 companies with accounts for both years; median growth +13%.

Profitability

Profit is concentrated at the top

47profitable
3loss-making
8.7%aggregate margin
2.0%median margin

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

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
GEMED LIFESCIENCESGEMED LIFESCIENCES PRIVATE LIMITED+320%₹14.93 cr
Magnus Life SciencesMAGNUS LIFE SCIENCES PRIVATE LIMITED+57%₹21.17 cr
Sunwin healthcare Web designSUNWIN HEALTHCARE PRIVATE LIMITED+47%₹18.79 cr
Curehealth PharmaceuticalsCUREHEALTH PHARMACEUTICALS PRIVATE LIMITED+25%₹36.31 cr
Neuracle LifesciencesNEURACLE LIFESCIENCES PRIVATE LIMITED+21%₹11.34 cr
Megma Health CareMegma Healthcare Private Limited+17%₹55.52 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
G.G. Chemicals & PharmaceuticalsGG CHEMICALS AND PHARMACEUTICALS PRIVATE LIMITED38.0%₹56.58 cr
Pharmaffiliates Analytics & SyntheticsPHARMAFFILIATES PRIVATE LIMITED17.4%₹66.60 cr
MuscleXPEmmbros Overseas Lifestyle Private Limited13.7%₹10.31 cr
Solitaire PharmaciaSOLITAIRE PHARMACIA PRIVATE LIMITED13.6%₹56.82 cr
Magnus Life SciencesMAGNUS LIFE SCIENCES PRIVATE LIMITED12.5%₹21.17 cr
Alchemist HospitalALCHEMIST HOSPITALS LIMITED12.0%₹246.45 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Biopharma outsourcing8₹1,119.45 cr~₹17.1 cr88%9.2%
Traditional pharmaceuticals20₹399.72 cr~₹10.5 cr100%9.5%
Pharmaceutical distributors12₹143.21 cr~₹4.6 cr100%1.9%
Leaders

Largest healthcare companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Innova CaptabINNOVA CAPTAB LIMITED₹974.84 cr₹89.47 cr9.2%+11%
Alchemist HospitalALCHEMIST HOSPITALS LIMITED₹246.45 cr₹29.52 cr12.0%+15%
Beta DrugsBETA DRUGS LIMITED₹226.39 cr₹15.43 cr6.8%+14%
Pharmaffiliates Analytics & SyntheticsPHARMAFFILIATES PRIVATE LIMITED₹66.60 cr₹11.61 cr17.4%+14%
TheogenTHEOGEN PRIVATE LIMITED₹64.64 cr₹2.56 cr4.0%+6%
Solitaire PharmaciaSOLITAIRE PHARMACIA PRIVATE LIMITED₹56.82 cr₹7.70 cr13.6%+5%
G.G. Chemicals & PharmaceuticalsGG CHEMICALS AND PHARMACEUTICALS PRIVATE LIMITED₹56.58 cr₹21.52 cr38.0%-54%
Megma Health CareMegma Healthcare Private Limited₹55.52 cr₹48.32 lakh0.9%+17%
Novalab Health CareNOVALAB HEALTH CARE PRIVATE LIMITED₹36.39 cr₹1.06 cr2.9%+15%
Curehealth PharmaceuticalsCUREHEALTH PHARMACEUTICALS PRIVATE LIMITED₹36.31 cr₹36.09 lakh1.0%+25%
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 Panchkula 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, India412

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

380Acquisition
29Merger
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 Panchkula

Meet the people behind healthcare companies in Panchkula. 37 of 161 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Panchkula healthcare companies by sub-sector

The most common specialisations among healthcare companies in Panchkula. 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.

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