Company lists
The Surat edition · 2026

Healthcarecompanies in Surat

Pharma manufacturers, hospitals, pharma distributors, clinics, nutraceuticals and more: the companies building healthcare in Surat, Gujarat, with their founders, funding, team size and business models.

155 company profiles43 with reported revenue0 with recorded fundingOctober 2026 edition
Surat · 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…

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 · 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 · 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

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 Surat, by revenue

Browse healthcare companies in Surat by reported revenue, one-year revenue growth, revenue model, age and stage. The 43 companies below are the largest by their most recent reported revenue among 43 healthcare companies in Surat, Gujarat 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 43

Pharmaceutical company manufacturing active pharmaceutical ingredient (API) intermediates

Biopharma outsourcing
₹724.97 crFY 2023-24
Not reported
4-67% 12 mo to Jun 2022recorded Jun 2022
19 yr2007
0none in 3 months

Manufacturer of tablets, capsules, syrup, and injectables

Biopharma outsourcing
₹295.59 crFY 2024-25
+13%2024–2025
96+7% 12 mo to Sep 2024LinkedIn · Oct 2026
30 yr1996
0none in 3 months

Manufacturer of pharmaceutical products and distributor of healthcare solutions

Traditional pharmaceuticals
₹295.04 crFY 2024-25
+62%2024–2025
914+17% 12 mo to Sep 2024LinkedIn · Oct 2026
26 yr2000
0none in 3 months

Manufacturer and distributor of pharmaceutical products

Pharmacies
₹141.91 crFY 2022-23
Not reported
1,592+58% 12 mo to Jan 2024LinkedIn · Oct 2026
9 yr2017
0none in 3 months

Operator of a facility providing medical and surgical healthcare services

Hospitals
₹112.76 crFY 2024-25
+25%2024–2025
—Not available
8 yr2018
0none in 3 months

Manufacturer of liquid orals, topical preparations, capsule, and other drugs

Traditional pharmaceuticals
₹95.20 crFY 2024-25
+104%2024–2025
70+17% 12 mo to Mar 2024LinkedIn · Oct 2026
12 yr2014
0none in 3 months

Operator of a hospital providing comprehensive medical and surgical healthcare services

Hospitals
₹77.43 crFY 2024-25
+26%2024–2025
—Not available
8 yr2018
0none in 3 months

Manufacturer and supplier of nutritional supplements and contract manufacturer

Traditional nutraceuticals
₹54.35 crFY 2024-25
+18%2024–2025
—Not available
14 yr2012
0none in 3 months

Provider of genomic diagnostic testing services for oncology, rare diseases, and reproductive health

Clinical laboratory chains
₹53.84 crFY 2024-25
+23%2024–2025
54+29% 12 mo to Feb 2024LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Contract manufacturer and exporter of active pharmaceutical products

Biopharma outsourcing
₹51.23 crFY 2024-25
+50%2024–2025
103LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Multispeciality hospital offering a range of medical services

Hospitals
₹47.23 crFY 2024-25
-2%2024–2025
67-12% 12 mo to Feb 2024recorded Feb 2024
7 yr2019
0none in 3 months

Standalone multi speciality hospital

Hospitals
₹41.19 crFY 2021-22
Not reported
26-28% 12 mo to Sep 2024recorded Sep 2024
13 yr2013
—No postings tracked

Manufacturer and exporter of pharmaceutical drugs

Traditional pharmaceuticals
₹45.37 crFY 2024-25
+45%2024–2025
69-13% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Feb 2026

Provider of a leading chain of multi-specialty clinics providing advanced skin care and cosmetic services

Clinic chains
₹43.82 crFY 2023-24
Not reported
64LinkedIn · Oct 2026
28 yr1998
0none in 3 months · last posted Jul 2026

Multi-specialty and tertiary care center offering healthcare services in specialties and super specialties

Hospitals
₹43.87 crFY 2024-25
-8%2024–2025
218-16% 12 mo to Sep 2024LinkedIn · Jul 2026
43 yr1983
0none in 3 months

Healthcare provider offering a range of medical services

Hospitals
₹37.53 crFY 2022-23
Not reported
—Not available
6 yr2020
0none in 3 months

Manufacturer of fish collagen peptide and fish gelatin for multiple industries

Traditional nutraceuticals
₹39.50 crFY 2024-25
+37%2024–2025
8LinkedIn · Jul 2026
4 yr2022
0none in 3 months · last posted Jul 2026

Standalone multispecialty hospital

Hospitals
₹33.06 crFY 2024-25
+3%2024–2025
—Not available
14 yr2012
0none in 3 months

Provider of assisted reproductive technology services, including fertility treatments and counseling

Hospitals
₹32.02 crFY 2024-25
+3%2024–2025
—Not available
24 yr2002
0none in 3 months

Manufacturing and wholesaling of a range of health and bodybuilding supplements

Traditional nutraceuticals
₹25.85 crFY 2021-22
Not reported
—Not available
11 yr2015
—No postings tracked

Manufacturer of nutritional supplements

Traditional nutraceuticals
₹16.30 crFY 2021-22
Not reported
—Not available
15 yr2011
—No postings tracked

CDMO focused on manufacturer of APIs

Biopharma outsourcing
₹9.38 crFY 2024-25
+7%2024–2025
5LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Manufacturer & distributor of nutritional supplements

Traditional nutraceuticals
₹6.80 crFY 2024-25
+29%2024–2025
—Not available
13 yr2013
0none in 3 months

Manufacturer of pharmaceutical tablets, capsules, drops & ointment

Pharmaceutical distributors
₹5.71 crFY 2024-25
+23%2024–2025
49LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Developer of molecular diagnostic equipment and reagents

Diversified diagnostics
₹4.32 crFY 2024-25
+63%2024–2025
39+19% 12 mo to Feb 2023LinkedIn · Jul 2026
8 yr2018
0none in 3 months
43 of 155 companies shown here · the full list is on Radar
Fliar Radar

Explore all 155 healthcare companies in Surat on Radar

This page shows the top 43. Radar has the complete, filterable list with contacts and live company signals.

Open healthcare in Surat on Radar
  • Every company, not just 50All 155 healthcare companies in Surat, 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 healthcare companies in Surat by what you are looking for

Browse top healthcare companies in Surat, from hospitals and clinics to pharmaceutical manufacturers. You can also find healthcare startups in Surat and listed healthcare companies in Surat.

9 ways to explore healthcare in Surat

Pharmaceutical manufacturers & CDMOsHospitals & multispecialty centresPharmaceutical distributors & suppliersClinics & specialty careNutraceuticals & ayurvedic productsMedical devices & supplies

Pharmaceutical manufacturers & CDMOs

Makers of APIs, tablets, capsules and contract drug manufacturing.

  1. Ami organics

    Pharmaceutical company manufacturing active pharmaceutical ingredient (API) intermediates

    Biopharma outsourcing
    See in list
  2. Globela Pharma

    Manufacturer of tablets, capsules, syrup, and injectables

    Biopharma outsourcing
    See in list
  3. Zota Healthcare

    Manufacturer of pharmaceutical products and distributor of healthcare solutions

    Traditional pharmaceuticals
    See in list
  4. Trident Lifeline

    Manufacturer of liquid orals, topical preparations, capsule, and other drugs

    Traditional pharmaceuticals
    See in list
  5. Shree Venkatesh

    Manufacturer and exporter of pharmaceutical drugs

    Traditional pharmaceuticals
    See in list

Hospitals & multispecialty centres

Multispecialty and single specialty hospitals and hospital chains.

  1. SIDS Hospital

    Operator of a facility providing medical and surgical healthcare services

    Hospitals
    See in list
  2. Maitreya Hospital

    Multispeciality hospital offering a range of medical services

    Hospitals
    See in list
  3. Tristar Multispeciality Hospital

    Standalone multi speciality hospital

    Hospitals
    See in list
  4. Nirmal Hospital

    Multi-specialty and tertiary care center offering healthcare services in specialties and super specialties

    Hospitals
    See in list
  5. Unique Hospital

    Standalone multispecialty hospital

    Hospitals
    See in list

Pharmaceutical distributors & suppliers

Distributors and exporters of medicines and health products.

  1. Dava India

    Manufacturer and distributor of pharmaceutical products

    Pharmacies
    See in list
  2. Rits Lifesciences

    Manufacturer & distributor of nutritional supplements

    Traditional nutraceuticals
    See in list
  3. Omicron Pharma

    Distributor of diversified drugs

    Pharmaceutical distributors
    See in list
  4. The PillTraders

    Provider of pharmaceutical products including medicines, vitamins, and healthcare solutions

    Pharmaceutical distributors
    Website
  5. AKI Pharma

    Distributor of generic drugs

    Pharmaceutical distributors
    Website

Clinics & specialty care

Dental, skin, eye, orthopedic and other specialty clinics.

  1. Sakhiya Skin Clinic

    Provider of a leading chain of multi-specialty clinics providing advanced skin care and cosmetic services

    Clinic chains
    See in list
  2. Summirow

    Clinic chains providing cosmetic, implants, kids, and surgical dentistry services

    Clinics
    See in list
  3. Interventional Radiology

    The company specializes in providing minimally invasive, image-guided interventional radiology services, utilizing advanced procedures to diagnose and treat various diseases and conditions

    Clinic chains
    See in list
  4. Kapadia Dental

    Chain of dental clinics

    Clinics
    Website
  5. Dr Chirag Patel

    Provider of hip and knee replacement surgeries and arthroscopic procedures

    Clinics
    Website

Nutraceuticals & ayurvedic products

Makers of supplements, ayurvedic and herbal health products.

  1. Nutricore Biosciences

    Manufacturer and supplier of nutritional supplements and contract manufacturer

    Traditional nutraceuticals
    See in list
  2. Oribite Nutra Science

    Exporter of health supplements and nutraceutical products

    Traditional nutraceuticals
    See in list
  3. Trilochan Ayurveda

    Provider of ayurvedic products and knowledge through an online platform

    Alternative medicine products
    Website
  4. Splendid Pharmaceutical

    Manufacturer of pharmaceutical products

    Traditional pharmaceuticals
    Website
  5. Natturezone

    Manufacturer of organic, tested herbal remedies and supplements

    Alternative medicine products
    Website

Medical devices & supplies

Makers and distributors of medical equipment and consumables.

  1. Guide 3D Tech

    Provider of additive manufacturing services for engineering and medical applications

    Medical device outsourcing
    See in list
  2. Heartbeat Medical Technologies

    Provider of medical equipment and accessories

    Traditional medical devices
    Website
  3. Shree Mahalaxmi Enterprise

    Manufacturer and supplier of orthopedic products, including silicone prostheses, knee ankle foot orthosis, spinal bracing solutions

    Traditional medical devices
    Website
  4. X-Tech Imaging

    Provider of medical X-ray machines and related installation and maintenance

    Medical device distributors
    Website
  5. Evolution Healthcare

    Provider of orthosis, prosthetic, and artificial limb products and services, with expertise in healthcare equipment supply and orthopedic solutions

    Traditional medical devices
    Website

Home healthcare & diagnostic labs

Home nursing, at-home tests and pathology services.

  1. Sngenelab

    Provider of genomic diagnostic testing services for oncology, rare diseases, and reproductive health

    Clinical laboratory chains
    See in list
  2. STRUmed

    Developer of molecular diagnostic equipment and reagents

    Diversified diagnostics
    See in list
  3. Alkmen

    Provider of home healthcare services

    Home healthcare
    See in list
  4. Lysa Services

    Maternity and child care platform that provides professional mother and newborn baby care at home

    Home healthcare
    Website
  5. Nakoda Diagnostics

    Home diagnostic services provider specializing in ECG, X-ray, and pathology tests

    Home healthcare
    Website

Listed healthcare companies in Surat

Publicly listed healthcare companies in Surat.

  1. Ami organics

    Pharmaceutical company manufacturing active pharmaceutical ingredient (API) intermediates

    Biopharma outsourcing
    See in list
  2. Zota Healthcare

    Manufacturer of pharmaceutical products and distributor of healthcare solutions

    Traditional pharmaceuticals
    See in list
  3. Trident Lifeline

    Manufacturer of liquid orals, topical preparations, capsule, and other drugs

    Traditional pharmaceuticals
    See in list
  4. Maitreya Hospital

    Multispeciality hospital offering a range of medical services

    Hospitals
    See in list
4 companies in Surat

Healthcare startups in Surat

Recently founded healthcare companies in Surat.

  1. Athos Collagen

    Manufacturer of fish collagen peptide and fish gelatin for multiple industries

    Traditional nutraceuticals
    See in list
  2. Vencora Healthcare

    Manufacturer of a range of nutritional supplements and healthcare products, including vitamins, minerals, and plant-based proteins

    Biopharma outsourcing
    See in list
  3. Oribite Nutra Science

    Exporter of health supplements and nutraceutical products

    Traditional nutraceuticals
    See in list
  4. Mohit Wellness

    Provider of wellness solutions including personalized yoga classes and community platform for overall health and fitness

    Fitness and wellness centers
    See in list
  5. Cerata Pharma

    Contract manufacturer of active pharmaceutical ingredients

    Biopharma outsourcing
    See in list
28 companies in Surat
Mobile reach

Top 8 healthcare apps from Surat

The most-installed Android apps published by healthcare companies headquartered in Surat — 465K installs between them. 8 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 8
1

davaindia GENERIC PHARMACY

by Dava India

Installs417K
Rating—
Installs, year on year+290%
Last updatedJun 2026
View on Google Play ↗
davaindia GENERIC PHARMACY screenshot 1davaindia GENERIC PHARMACY screenshot 2davaindia GENERIC PHARMACY screenshot 3davaindia GENERIC PHARMACY screenshot 4davaindia GENERIC PHARMACY screenshot 5davaindia GENERIC PHARMACY screenshot 6
4

FG - Fitness With Gomzi

by FG Group

Installs8K
Rating—
Last updatedDec 2025
View on Google Play ↗
FG - Fitness With Gomzi screenshot 1FG - Fitness With Gomzi screenshot 2FG - Fitness With Gomzi screenshot 3FG - Fitness With Gomzi screenshot 4FG - Fitness With Gomzi screenshot 5FG - Fitness With Gomzi screenshot 6
The business behind the activity

Healthcare financials in Surat

Revenue, profit and growth from the filed annual accounts of 35 healthcare companies in Surat, Gujarat for FY24-25 — 45 of the 155 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 70% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,643.18 cr

35 companies filing accounts

combined net profit₹144.04 cr

8.8% aggregate margin

are profitable77%

27 of 35 companies

median revenue~₹5.7 cr

the typical company

median revenue growth+18%

into FY24-25

earned by the top five70%

revenue concentration

Six-year view

Combined revenue of filing companies

₹801.13 crFY19-2025 filers
₹965.41 crFY20-2127 filers
₹1,119.28 crFY21-2230 filers
₹1,230.61 crFY22-2337 filers
₹1,324.67 crFY23-2436 filers
₹1,643.18 crFY24-2535 filers

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

Like-for-like

The same 31 companies over three years

+40%
FY22-23₹1,145.34 cr₹71.04 cr net
FY23-24₹1,279.40 cr₹107.06 cr net
FY24-25₹1,599.47 cr₹137.67 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr667% profitable
₹1–10 cr1464% profitable
₹10–100 cr1191% profitable
₹100–1,000 cr4100% 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

Shrinking7
0–20%10
20–50%6
50–100%6
Doubled+4

33 companies with accounts for both years; median growth +18%.

Profitability

Profit is concentrated at the top

27profitable
8loss-making
8.8%aggregate margin
2.6%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
Zota HealthcareZOTA HEALTH CARE LIMITED+55%₹261.90 cr
Trident LifelineTrident Lifeline Limited+51%₹70.94 cr
Salvavidas PharmaceuticalSALVAVIDAS PHARMACEUTICAL PRIVATE LIMITED+51%₹51.45 cr
Shree Venkatesh International, Shree VenkateshSHREE VENKATESH INTERNATIONAL LIMITED+45%₹45.37 cr
PP Maniya HospitalPP MANIYA HOSPITAL PRIVATE LIMITED+26%₹77.43 cr
SIDS HospitalSIDS HEALTH CARE PRIVATE LIMITED+25%₹112.76 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Trident LifelineTrident Lifeline Limited18.4%₹70.94 cr
PP Maniya HospitalPP MANIYA HOSPITAL PRIVATE LIMITED17.5%₹77.43 cr
Athos CollagenATHOS COLLAGEN PRIVATE LIMITED16.2%₹39.50 cr
Shree Venkatesh International, Shree VenkateshSHREE VENKATESH INTERNATIONAL LIMITED15.1%₹45.37 cr
SIDS HospitalSIDS HEALTH CARE PRIVATE LIMITED14.6%₹112.76 cr
Globela PharmaGLOBELA PHARMA PRIVATE LIMITED11.8%₹235.36 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Biopharma outsourcing8₹768.48 cr~₹6.3 cr62%9.4%
Hospitals7₹347.84 cr~₹43.9 cr86%9.6%
Traditional nutraceuticals5₹117.72 cr~₹16.3 cr100%9.1%
Leaders

Largest healthcare companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
CTX LifesciencesCTX LIFESCIENCES PRIVATE LIMITED₹464.30 cr
Zota HealthcareZOTA HEALTH CARE LIMITED₹261.90 cr₹8.62 cr3.3%+55%
Globela PharmaGLOBELA PHARMA PRIVATE LIMITED₹235.36 cr₹27.66 cr11.8%+15%
SIDS HospitalSIDS HEALTH CARE PRIVATE LIMITED₹112.76 cr₹16.44 cr14.6%+25%
PP Maniya HospitalPP MANIYA HOSPITAL PRIVATE LIMITED₹77.43 cr₹13.52 cr17.5%+26%
Trident LifelineTrident Lifeline Limited₹70.94 cr₹13.05 cr18.4%+51%
Nutricore Biosciences, Nutricore BiosciencesNUTRICORE BIOSCIENCES PRIVATE LIMITED₹54.35 cr₹3.93 cr7.2%+18%
Salvavidas PharmaceuticalSALVAVIDAS PHARMACEUTICAL PRIVATE LIMITED₹51.45 cr₹74.31 lakh1.4%+51%
Shree Venkatesh International, Shree VenkateshSHREE VENKATESH INTERNATIONAL LIMITED₹45.37 cr₹6.85 cr15.1%+45%
Maitreya HospitalMaitreya Medicare Limited₹44.85 cr₹1.90 cr4.2%-4%
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 Surat 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 Surat

Meet the people behind healthcare companies in Surat. 43 of 155 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Surat healthcare companies by sub-sector

The most common specialisations among healthcare companies in Surat. 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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