Company lists
The Tamil Nadu edition · 2026

Healthcarecompanies in Tamil Nadu

Hospitals, billing & services, pharma, clinics, medical devices and more: the companies building healthcare in Tamil Nadu, with their founders, funding, team size and business models.

1,465 company profiles453 with reported revenue25 with recorded fundingSeptember 2026 edition
Tamil Nadu · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent healthcare business events in Tamil Nadu

Funding, M&A, contract wins and launches involving 1,668 healthcare companies in Tamil Nadu, last 24 months: 19 M&A deals · 9 funding rounds · 3 Contracts · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

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
ContractService

Django digital · client: TTK Healthcare

Django has won the digital mandate for Eva, the personal care brand from TTK Healthcare, in February 2026.

Personal Care
ContractService

Bc web wise · client: TTK Healthcare

TTK Healthcare has appointed BC Web Wise as its digital agency for MsChief, India’s first female-centric pleasure brand from the house of TTK Healthcare.

Digital Marketing
Funding

The eye foundation

The Eye Foundation, a leading eye care chain in South India headquartered in Coimbatore, has raised $75 million ( ₹650 crore) funding from consumer-focused investment firm Verlinvest in…

Investors Verlinvest
Healthcare - Eye Care
FundingSeed

Shield

That traction helped Shield raise $5M in new seed funding, led by a global impact investor and backed by names ranging from big crypto accelerators to banking giants.

Investors Global impact investor, Big crypto accelerators, Banking giants
Crypto payment
M&AAcquisition · Announced

Apollo hospitals enterprise acquires Apollo health and lifestyle

Shares of Apollo Hospitals Enterprise Ltd. are in focus on Monday, September 15, after the company said it will buy IFC's 30.8% stake in its subsidiary Apollo Health and Lifestyle for…

M&AAcquisition · Announced

First sentier investors acquires Solara active pharma sciences

Mitsubishi UFJ Financial Group (MUFG) has sold an indirect interest in Solara Active Pharma Sciences Limited, reducing its aggregated interest to 4.37% of the ordinary share capital as…

M&AMerger · Announced

Dr. Agarwal's Health Care acquires Dr. agarwal's eye hospital

The boards of Dr. Agarwal's Health Care and Dr. Agarwal's Eye Hospital have approved the merger of AEHL into AHCL.

M&AAcquisition · Announced

Blackstone acquires Ags health

Blackstone's $1.1-billion acquisition of AGS Health

Private Equity
M&AAcquisition · Announced

New mountain capital acquires Access healthcare

In 2024, Carlyle was in the race to acquire Chennai and Texas-based RCM service provider Access Healthcare , before US fund New Mountain Capital clinched the deal at a valuation of…

Revenue Cycle Management
LaunchSiemens Healthineers Magnetom Flow Plus

Aarthi scans and labs

The facility has introduced the Siemens Healthineers Magnetom Flow Plus at its newly opened centre in Whitefield, Bengaluru, marking a breakthrough in patient-friendly and…

MRI system
M&AAcquisition · Completed

Torrent acquires Curatio healthcare

In 2022, Torrent acquired Curatio Healthcare, which had over 50 brands in the cosmetic dermatology space, for ₹2,000 crore.

M&AAcquisition · Announced

Bsv acquires TTK Healthcare

Growth was also bolstered through strategic M&A, most notably through the acquisition of the gynecology and infertility businesses of TTK Healthcare, a pharmaceutical company.

Pharmaceutical
M&AAcquisition · Terminated

Softbank acquires Ags health

SoftBank tried to buy a BPO company called AGS Health for $1 billion, but the deal didn’t happen, and another company, Blackstone, took over.

Funding

Solara active pharma sciences

Pronomz Ventures LLP has acquired 20 lakh shares in Solara Active Pharma Sciences from Spiracca Ventures LLP at a price of Rs 495 per share, amounting to Rs 99 crore.

Investors Pronomz Ventures LLP
Contract

New mountain capital · client: Access healthcare

Last week, New Mountain Capital completed a $6 billion deal to bring Jain’s revenue cycle management powerhouse Access Healthcare into a new entity called Smarter Technologies.

Healthcare
M&AAcquisition · Rumored

Blackstone acquires Ags health

Blackstone Inc is emerging as the frontrunner to acquire revenue cycle management provider AGS Health from private equity firm EQT AB, people familiar with the matter said.

Healthcare
M&AAcquisition · Completed

Eqt acquires Ags health

EQT, formerly Barings Private Equity Asia, acquired AGS Health in 2019 for $320 million.

Funding

Trivitron

ePlanet Ventures (Silicon Valley, California) reported it has invested $11 million in Trivitron (Chennai, India).

Investors Eplanet ventures, HSBC Private Equity Limited
Medical Technology
M&AAcquisition · Announced

Reliance Consumer Products acquires Sujatha Biotech

In another major acquisition, Mukesh Ambani-led Reliance has acquired Velvette, an iconic FMCG brand known for its innovative sachet packaging, from Chennai-based Sujatha Biotech.

FMCG
Funding

Geri care

Geri Care $12.6mn Eldercare Services

Eldercare Services
FundingPrimary fund-raise

Neuberg diagnostics

Neuberg Diagnostics has secured an investment of Rs 940 crores from Kotak Alt in the primary fund-raise.

Investors Kotak Alt
Diagnostics
Funding

Access healthcare

Access Healthcare, an India- and US-based technology platform that offers revenue cycle management services to hospitals, said Tuesday it has raised growth capital from alternative…

Healthcare technology
M&AAcquisition · Pending

Blackstone, Carlyle, TPG, New Mountain Capital, Hillhouse Partners acquires Access healthcare

Mumbai: About half a dozen global private equity funds including Blackstone, Carlyle, TPG, New Mountain Capital and Hillhouse Partners have shown interest in acquiring a majority stake…

Healthcare BPO
M&AAcquisition · Announced

Na acquires Access healthcare

about half a dozen global private equity funds including Blackstone, Carlyle, TPG, New Mountain Capital and Hillhouse Partners have shown interest in acquiring a majority stake in…

Healthcare BPO
LaunchSignature Geriatric Behavioral Health Care Platform

Vitalic

Ben Gardner, CEO, Vitalic announced the launch of its signature geriatric behavioral health care platform.

Geriatric Behavioral Health Platform
M&AAcquisition · Completed

Ta associates acquires Zifo rnd solutions

following its $250 million investment in Chennai-based Zifo RnD Solutions, a global provider of informatics Solutions for research-based organizations in 2022.

Informatics Solutions
FundingPrimary/secondary

Maiva pharma

Earlier this year, Bengaluru-based Maiva Pharma secured ₹1,000 crore in a mix of primary and secondary funding from a fund managed by Morgan Stanley Private Equity Asia and InvAscent, to…

Investors Morgan Stanley Private Equity Asia, Invascent
Pharmaceutical manufacturing
LaunchGeniee

Neuberg diagnostics

Neuberg Diagnostics, a leader in cutting-edge healthcare diagnostics, on Friday announced the launch of personalised genomics platform 'Geniee', aimed at providing genetic testing and…

Personalised Genomics Platform

Healthcare companies in Tamil Nadu, by revenue

Browse healthcare companies in Tamil Nadu 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 453 healthcare companies in Tamil Nadu 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

Chain of multispecialty hospitals

Hospital chains
₹21,994.30 crFY 2024-25
+15%2024–2025
19,619+8% 12 mo to Mar 2024recorded Mar 2024
43 yr1983
0none in 3 months

Online store for the purchase of medicines and other healthcare products

Pharmacies
₹8,260.50 crFY 2022-23
Not reported
11,617+5% 12 mo to Sep 2024LinkedIn · Jul 2026
39 yr1987
4postings · last posted Sep 2026

Provider of revenue cycle management, BPO, IT, and finance and accounting services

Bpo services
₹3,293.20 crFY 2024-25
+19%2024–2025
22,241+5% 12 mo to Aug 2024LinkedIn · Jul 2026
15 yr2011
89postings · last posted Sep 2026

Manufacturer of a pharmaceutical generics and biotech products

Traditional pharmaceuticals
₹2,033.90 crFY 2024-25
Not reported
1,426-23% vs previous recordLinkedIn · Jul 2026
36 yr1990
0none in 3 months

Chain of multi-speciality hospitals

Hospital chains
₹1,918.06 crFY 2024-25
+39%2024–2025
3,157+22% 12 mo to Sep 2023LinkedIn · Jul 2026
27 yr1999
8postings · last posted Sep 2026

Distributor of pharmaceutical products

Pharmaceutical distributors
₹1,608.11 crFY 2024-25
+15%2024–2025
103+77% 12 mo to Feb 2023LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Chain of multispeciality hospitals

Hospitals
₹1,393.22 crFY 2024-25
+12%2024–2025
1,016+8% 12 mo to Sep 2024LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Manufacturer of APIs and intermediates

Traditional pharmaceuticals
₹1,292.08 crFY 2024-25
+0%2024–2025
1,978-16% 12 mo to Jul 2024recorded Jul 2024
8 yr2018
0none in 3 months

Provider of clinical data management services to biopharma sector

Biopharma outsourcing
₹1,125.81 crFY 2024-25
+16%2024–2025
2,216-2% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
1postings · last posted Jul 2026

R&D company focused on manufacturing drugs for multiple therapeutic areas

Traditional pharmaceuticals
₹858.54 crFY 2021-22
Not reported
3,538+19% 12 mo to Sep 2024recorded Sep 2024
48 yr1978
—No postings tracked

Company offering a suite of pharmaceutical solutions

Traditional pharmaceuticals
₹949.40 crFY 2024-25
+12%2024–2025
1,892+79% 12 mo to Sep 2024LinkedIn · Jul 2026
34 yr1992
8postings · last posted Sep 2026

Provider of business & claims processing, project management, and billing services

Bpo services
₹855.09 crFY 2023-24
+14%2023–2024
3,381-1% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
1postings · last posted Sep 2026

Provider of consumer products & pharmaceutical formulations

Traditional pharmaceuticals
₹815.40 crFY 2023-24
Not reported
879+12% 12 mo to Sep 2024recorded Sep 2024
98 yr1928
3postings · last posted Jul 2026

Manufacturer of blood bags and transfusion devices

Traditional medical devices
₹747.00 crFY 2024-25
+14%2024–2025
846-1% 12 mo to Sep 2024recorded Sep 2024
43 yr1983
0none in 3 months

Provider of medical coding and revenue cycle management services

Services for healthcare providers
₹723.06 crFY 2024-25
+0%2024–2025
2,483LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Manufacture and marketing of finished nutraceutical supplements

Traditional nutraceuticals
₹632.11 crFY 2021-22
Not reported
2,625+20% 12 mo to Aug 2023recorded Aug 2023
49 yr1977
—No postings tracked

Provider of multi speciality care such as Heart, Lung, Liver, Obstetrics and Gynecology, Nuerology, Neurosurgery, Orthopaedics, Rebuild Hernia, ENT Head and Neck Surgery, Gastro Science, Rehabilitation Medicine, Emergency Medicine

Hospitals
₹636.49 crFY 2024-25
+45%2024–2025
1,524-96% vs previous recordLinkedIn · Jul 2026
9 yr2017
8postings · last posted Sep 2026

Manufacturer of chiral building blocks and specialty chemicals

Traditional pharmaceuticals
₹626.79 crFY 2024-25
-7%2024–2025
769+5% 12 mo to Jul 2024LinkedIn · Jul 2026
46 yr1980
0none in 3 months

Chain of pathology and imaging diagnostic centers

Clinical laboratories
₹558.91 crFY 2022-23
Not reported
1,314LinkedIn · Jul 2026
9 yr2017
3postings · last posted Sep 2026

Standalone multispecialty hospital

Hospitals
₹474.96 crFY 2022-23
Not reported
563+2% 12 mo to Sep 2024LinkedIn · Jul 2026
48 yr1978
—No postings tracked

Provider of medical technology and devices for healthcare industry needs

Diversified medical devices
₹499.73 crFY 2024-25
+1%2024–2025
587-2% 12 mo to Jun 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Provider of medical services

Hospitals
₹432.97 crFY 2023-24
+12%2023–2024
2,515+13% 12 mo to Sep 2024recorded Sep 2024
27 yr1999
0none in 3 months

Pharmaceutical company manufacturing a range of pharmaceutical preparations

Biopharma outsourcing
₹404.06 crFY 2024-25
+41%2024–2025
1,016+10% 12 mo to Sep 2024recorded Sep 2024
16 yr2010
0none in 3 months

Manufacturer of sterile injectables

Biopharma outsourcing
₹399.05 crFY 2024-25
+38%2024–2025
874LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Provider of formulations, warehousing, and logistic services for pharmaceutical sector

Biopharma outsourcing
₹374.83 crFY 2022-23
Not reported
78+16% 12 mo to Jul 2024LinkedIn · Jul 2026
67 yr1959
0none in 3 months · last posted Feb 2026
50 of 1,465 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,465 healthcare companies in Tamil Nadu on Radar

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

Open healthcare in Tamil Nadu on Radar
  • Every company, not just 50All 1,465 healthcare companies in Tamil Nadu, 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 Tamil Nadu by what you are looking for

Find top healthcare companies in Tamil Nadu, from hospital chains and clinics to pharma makers and medical billing firms. You can also browse healthcare startups in Tamil Nadu and healthcare companies hiring right now.

9 ways to explore healthcare in Tamil Nadu

Hospitals & hospital chainsHealthcare BPO, billing & revenue cycle companiesPharmaceutical & biopharma manufacturing companiesClinics & specialty care centresMedical device makers & distributorsHome healthcare, rehabilitation & wellness providers

Hospitals & hospital chains

Multispecialty and single-specialty hospitals and hospital groups across Tamil Nadu.

  1. Apollo Hospitals

    Chain of multispecialty hospitals

    Hospital chains
    See in list
  2. Kauvery Hospital

    Chain of multi-speciality hospitals

    Hospital chains
    See in list
  3. Kovai Medical Center and Hospital

    Chain of multispeciality hospitals

    Hospitals
    See in list
  4. MGM Healthcare

    Provider of multi speciality care such as Heart, Lung, Liver, Obstetrics and Gynecology, Nuerology, Neurosurgery, Orthopaedics, Rebuild Hernia, ENT Head and Neck Surgery, Gastro Science, Rehabilitation Medicine, Emergency Medicine

    Hospitals
    See in list
  5. Ganga Hospital

    Standalone multispecialty hospital

    Hospitals
    See in list

Healthcare BPO, billing & revenue cycle companies

Medical billing, coding and back-office service providers for healthcare organisations.

  1. Access Healthcare

    Provider of revenue cycle management, BPO, IT, and finance and accounting services

    Bpo services
    See in list
  2. Thryve Digital

    Provider of business & claims processing, project management, and billing services

    Bpo services
    See in list
  3. MiraMed Ajuba

    Provider of medical coding and revenue cycle management services

    Services for healthcare providers
    See in list
  4. e-care India

    Provider of medical billing and coding services for the healthcare sector

    Services for healthcare providers
    Website
  5. Innovative Therapeutics

    Medical equipment marketing company offering a range of endoscopy and gastrointestinal solutions to healthcare professionals

    Services for healthcare providers
    Website

Pharmaceutical & biopharma manufacturing companies

Drug makers, API producers, contract manufacturers and pharmaceutical distributors.

  1. Palepu Pharma

    Distributor of pharmaceutical products

    Pharmaceutical distributors
    See in list
  2. Solara Active Pharma Sciences

    Manufacturer of APIs and intermediates

    Traditional pharmaceuticals
    See in list
  3. Zifo RnD Solutions

    Provider of clinical data management services to biopharma sector

    Biopharma outsourcing
    See in list
  4. Apex

    R&D company focused on manufacturing drugs for multiple therapeutic areas

    Traditional pharmaceuticals
    See in list
  5. Orchid Pharma

    Company offering a suite of pharmaceutical solutions

    Traditional pharmaceuticals
    See in list

Clinics & specialty care centres

Dental, fertility, eye, skin and other specialty clinics and clinic chains.

  1. Iswarya Health

    Provider of fertility, super speciality hospital, and biosimilar facility solutions.

    Hospital chains
    See in list
  2. Dr. Mohan’s Diabetes Specialities Centre

    Chain of diabetes speciality centre

    Clinic chains
    Website
  3. Arc Fertility

    Chain of IVF hospitals

    Clinic chains
    Website
  4. Apollo White Dental

    Chain of dental care clinics

    Clinic chains
    Website
  5. A4 Fertility

    Fertility clinic offering a range of treatments, including IUI, IVF, and ICSI, as well as diagnostic services and counseling

    Clinic chains
    Website

Medical device makers & distributors

Manufacturers and suppliers of medical equipment, imaging systems and hospital consumables.

  1. Terumo Penpol

    Manufacturer of blood bags and transfusion devices

    Traditional medical devices
    See in list
  2. Trivitron

    Provider of medical technology and devices for healthcare industry needs

    Diversified medical devices
    See in list
  3. Ramaraju Surgical Cotton Mills

    Manufacturer of surgical cotton

    Traditional conglomerates
    See in list
  4. BET Medical

    Manufacturer of medical equipment including mobile imaging systems, mammography, digital radiography

    Traditional medical devices
    Website
  5. Biomedical Engineering

    Provider of radiology equipment and anesthesia equipment

    Diversified medical devices
    Website

Home healthcare, rehabilitation & wellness providers

Home nursing, rehabilitation, elderly care, medical tourism and wellness centres.

  1. Geri Care

    Provider of diversified home healthcare solutions for consumers

    Rehabilitation and long-term care
    Website
  2. Heartfulness Magazine

    Publisher of a magazine on mindfulness and well-being

    Foundations
    Website
  3. Grand World Elder Care

    Operator of senior living communities

    Senior housing
    Website
  4. Heal Your Heart

    Chain of EECP Therapy and cardiac rehabilitation center

    Clinic chains
    Website
  5. Prayojana

    Provider of elderly care services at home

    Home healthcare
    Website

Healthcare startups in Tamil Nadu

Newer healthcare companies founded in recent years in Tamil Nadu.

  1. SRM Global Hospitals

    Super-specialty hospital providing exceptional patient care with cutting-edge medical technologies

    Hospitals
    Website
  2. Dr. Miltons Laboratories

    CDMO focused on manufacturing pharmaceutical formulations

    Biopharma outsourcing
    Website
  3. K.M.C Hospital Karaikudi

    Diversified healthcare and education provider offering a range of services including medical care, education, and training

    Hospital chains
    Website
  4. KVT Hospitals

    Multi-specialty hospital offering emergency and critical care, cardiology, neurology, oncology, gastroenterology, plastic and reconstructive surgery

    Hospitals
    Website
  5. R.S. Research And Medical Centre

    Provider of environmental remediation, demolition, and asset recovery services

    Hospitals
    Website
174 companies in Tamil Nadu

Healthcare companies hiring in Tamil Nadu

Healthcare employers in Tamil Nadu with open roles.

  1. Apollo Pharmacy

    Online store for the purchase of medicines and other healthcare products

    Pharmacies
    See in list
  2. Access Healthcare

    Provider of revenue cycle management, BPO, IT, and finance and accounting services

    Bpo services
    See in list
  3. Kauvery Hospital

    Chain of multi-speciality hospitals

    Hospital chains
    See in list
  4. Zifo RnD Solutions

    Provider of clinical data management services to biopharma sector

    Biopharma outsourcing
    See in list
  5. Orchid Pharma

    Company offering a suite of pharmaceutical solutions

    Traditional pharmaceuticals
    See in list
29 companies in Tamil Nadu

Listed healthcare companies in Tamil Nadu

Publicly listed healthcare companies based in Tamil Nadu.

  1. Apollo Hospitals

    Chain of multispecialty hospitals

    Hospital chains
    See in list
  2. Caplin Point laboratories

    Manufacturer of a pharmaceutical generics and biotech products

    Traditional pharmaceuticals
    See in list
  3. Kauvery Hospital

    Chain of multi-speciality hospitals

    Hospital chains
    See in list
  4. Kovai Medical Center and Hospital

    Chain of multispeciality hospitals

    Hospitals
    See in list
  5. Solara Active Pharma Sciences

    Manufacturer of APIs and intermediates

    Traditional pharmaceuticals
    See in list
15 companies in Tamil Nadu
Mobile reach

Top 10 healthcare apps from Tamil Nadu

The most-installed Android apps published by healthcare companies headquartered in Tamil Nadu — 1.4M installs between them. 38 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
5

Mind&Mom : Fertility|Pregnancy

by Mind&Mom

Installs99K
Rating—
Last updatedFeb 2024
View on Google Play ↗
Mind&Mom : Fertility|Pregnancy screenshot 1Mind&Mom : Fertility|Pregnancy screenshot 2Mind&Mom : Fertility|Pregnancy screenshot 3Mind&Mom : Fertility|Pregnancy screenshot 4Mind&Mom : Fertility|Pregnancy screenshot 5Mind&Mom : Fertility|Pregnancy screenshot 6
6

Asto Labs : Lab Test at Home

by ASTO LABS

Installs88K
Rating—
Last updatedJul 2025
View on Google Play ↗
Asto Labs : Lab Test at Home screenshot 1Asto Labs : Lab Test at Home screenshot 2Asto Labs : Lab Test at Home screenshot 3Asto Labs : Lab Test at Home screenshot 4Asto Labs : Lab Test at Home screenshot 5Asto Labs : Lab Test at Home screenshot 6
The business behind the activity

Healthcare financials in Tamil Nadu

Revenue, profit and growth from the filed annual accounts of 390 healthcare companies in Tamil Nadu for FY24-25 — 484 of the 1,465 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 36% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹40,214.86 cr

390 companies filing accounts

combined net profit₹2,095.71 cr

5.2% aggregate margin

are profitable79%

307 of 390 companies

median revenue~₹15.4 cr

the typical company

median revenue growth+10%

into FY24-25

earned by the top five36%

revenue concentration

Six-year view

Combined revenue of filing companies

₹24,774.18 crFY19-20366 filers
₹26,939.64 crFY20-21388 filers
₹37,015.90 crFY21-22412 filers
₹32,923.49 crFY22-23421 filers
₹38,534.24 crFY23-24421 filers
₹40,214.86 crFY24-25390 filers

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

Like-for-like

The same 361 companies over three years

+21%
FY22-23₹30,180.10 cr₹3,192.58 cr net
FY23-24₹33,175.47 cr₹2,517.73 cr net
FY24-25₹36,486.20 cr₹1,979.59 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 cr6141% profitable
₹1–10 cr10079% profitable
₹10–100 cr17089% profitable
₹100–1,000 cr5489% profitable
Over ₹1,000 cr580% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking111
0–20%151
20–50%69
50–100%30
Doubled+17

378 companies with accounts for both years; median growth +10%.

Profitability

Profit is concentrated at the top

307profitable
82loss-making
5.2%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
Heartfulness MagazineMEERA SHANTIVANAM PRIVATE LIMITED+481%₹77.64 cr
AxxelentAXXELENT PHARMA SCIENCE PRIVATE LIMITED₹64.29 cr
Vishal Surgical EquipmentVISHAL SURGICAL EQUIPMENT COMPANY PRIVATE LIMITED+144%
VENBIOTECVEN BIOTECH PRIVATE LIMITED+119%₹19.06 cr
Chris MerchantCHRIS MERCHANT PRIVATE LIMITED+100%₹47.39 cr
Apollo Telemedicine Networking FoundationAPOLLO TELEMEDICINE NETWORKING FOUNDATION+90%₹28.08 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Vedanayagam HospitalVEDANAYAGAM HOSPITAL PRIVATE LIMITED
Dr Arvind Vision CareDR ARVIND VISION CARE PRIVATE LIMITED43.3%
Cellutions BiostorageCELLUTIONS BIOSTORAGE PRIVATE LIMITED42.8%₹17.29 cr
Rela HospitalRELA HOSPITALS PRIVATE LIMITED
Caplin Point laboratoriesCAPLIN POINT LABORATORIES LIMITED38.3%₹887.00 cr
Archimedis DigitalARCHIMEDIS DIGITAL PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Hospitals91₹14,336.59 cr~₹16.7 cr87%12.2%
Traditional pharmaceuticals26₹6,707.53 cr~₹67.4 cr85%10.6%
Hospital chains30₹4,678.78 cr~₹46.3 cr80%5.5%
Biopharma outsourcing60₹3,173.23 cr~₹14.0 cr77%10.4%
Pharmaceutical distributors16₹2,776.23 cr~₹28.9 cr88%2.2%
Medical device distributors24₹1,065.47 cr~₹37.0 cr96%3.5%
Traditional nutraceuticals6₹1,036.20 cr~₹45.0 cr83%3.7%
Traditional medical devices17₹1,022.86 cr~₹6.5 cr71%12.2%
Leaders

Largest healthcare companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Apollo KH, Apollo HospitalsAPOLLO HOSPITALS ENTERPRISE LIMITED₹8,549.80 cr₹1,296.30 cr15.2%+15%
Kauvery HospitalSRI KAUVERY MEDICAL CARE (INDIA) LIMITED₹1,691.25 cr₹56.10 cr3.3%+42%
Palepu PharmaPALEPU PHARMA DISTRIBUTORS PRIVATE LIMITED₹1,608.11 cr₹24.18 cr1.5%+15%
Kovai Medical Center and HospitalKOVAI MEDICAL CENTER AND HOSPITAL LIMITED₹1,393.22 cr₹208.95 cr15.0%+12%
Solara Active Pharma SciencesSOLARA ACTIVE PHARMA SCIENCES LIMITED₹1,292.90 cr−₹1.08 cr-0.1%-0%
Orchid PharmaORCHID PHARMA LIMITED₹953.86 cr₹106.48 cr11.2%+12%
Caplin Point laboratoriesCAPLIN POINT LABORATORIES LIMITED₹887.00 cr₹339.49 cr38.3%+21%
TTK HEALTHCARE LIMITEDTTK HEALTHCARE LIMITED₹872.75 cr₹81.66 cr9.4%+7%
Access HealthcareACCESS HEALTHCARE SERVICES PRIVATE LIMITED₹855.64 cr−₹1,461.13 cr-170.8%-42%
ApexAPEX LABORATORIES PRIVATE LIMITED₹828.80 cr₹13.13 cr1.6%+6%
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 Tamil Nadu 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, Tamil Nadu19

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 Tamil Nadu

18Acquisition
1Merger

Most active acquirers

  1. Apollo hospitals enterprise5
  2. Blackstone2
  3. Orchid pharma1
  4. First sentier investors1
  5. Dr. Agarwal's Health Care1

Most acquired or merged

  1. Ags health4
  2. Access healthcare3
  3. Apollo health and lifestyle limited2
  4. Allecra1
  5. Apollo health and lifestyle1

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

Healthcare funding in Tamil Nadu

25 healthcare companies in Tamil Nadu have recorded equity funding, US$797.73m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Tamil Nadu

Meet the people behind healthcare companies in Tamil Nadu. 519 of 1,465 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Tamil Nadu healthcare companies by sub-sector

The most common specialisations among healthcare companies in Tamil Nadu. 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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