Hospitals, pharma, CDMO & research, clinics, labs & devices and more: the companies building healthcare in Telangana, with their founders, funding, team size and business models.
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…
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.
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…
Apollo Hospitals Enterprise has announced the acquisition of an additional 775,744 equity shares in Apollo Health and Lifestyle Limited (AHLL), thereby increasing its total shareholding…
2 weeks ago 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…
Dr. Reddy's Laboratories signed a deal with Mercury Pharma Group. It would acquire the trademarks Progynova and CycloProgynova, along with related assets for India, for $32.15 million.
Dr. Reddy’s Laboratories Ltd on Wednesday announced the launch of Hevaxin, a novel recombinant vaccine for the prevention of Hepatitis E virus infection in India.
We are pleased to share that our client, Sensa Core Medical Instrumentation Private Limited (“SensaCore”), has successfully raised INR 650Cr from Motilal Oswal Alternates, marking one of…
A leading global healthcare investment fund has offered $70 million (USD) to Pinnacle Blooms Network, the flagship pediatric-therapy enterprise of Bharath Healthcare Laboratories Pvt. Ltd.
InvestorsLeading global healthcare investment fund, Yukon Capital
4 months ago Motilal Oswal Alternates has acquired a significant minority stake in medical diagnostic equipment manufacturer Sensa Core for $72 million, the companies announced in a…
HRV Global Life Sciences (HRV Pharma), India’s first integrated Virtual API and Pharmtech company, today announced a unique, comprehensive, multi-year Contract Development &…
5 months ago Baby Memorial Hospital, backed by KKR, has emerged the front-runner to acquire Hyderabad-based Star Hospitals in a closely fought contest, said people familiar with the…
Hyderabad, 19th November 2025: HRV Global Life Sciences (HRV Pharma), India’s first integrated Virtual API and Pharmtech company, today announced a unique, comprehensive, multi-year…
Generic pharma company Natco Pharma has announced the acquisition of a 35.75% stake in South Africa's Adcock Ingram Holdings Ltd (AIHL) for $226 million (about ₹2,000 crore), giving the…
Shardul Amarchand Mangaldas & Co. (SAM) acted as the legal advisor for an on-market sale of 8.93% shareholding in Cohance Lifesciences Limited (formerly Suven Pharmaceuticals Limited)…
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…
Apollo Hospitals Enterprises announced its intention to acquire a 30.58% stake in its subsidiary Apollo Health and Lifestyle (AHLL) from the International Finance Corporation for Rs…
Dr. Reddy’s Laboratories Limited, has entered a definitive agreement to acquire the STUGERON® portfolio from Janssen Pharmaceutica NV, an affiliate of Johnson & Johnson, for USD 50.5…
Brands like Medicube are winning by launching clinical innovations such as microneedling serums, while also launching new technique innovations with sensory, TikTok-friendly formats like…
Skin Care
Healthcare companies in Telangana, by revenue
Browse healthcare companies in Telangana 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 616 healthcare companies in Telangana 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
Company & businessRevenueRevenue growthHeadcount & growthAgeJobs · last 3 months
Multinational pharmaceutical company that develops and manufactures innovative and medicines to improve patient health
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Pharmaceutical company manufacturing Active Pharmaceutical Ingredients (APIs), Pellets (Semi finished Formulations) and Intermediates in multi therapeutic segments
Every company, not just 50All 1,391 healthcare companies in Telangana, 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 Telangana by what you are looking for
Browse top healthcare companies in Telangana, from hospital chains and clinics to pharmaceutical makers. Find healthcare startups in Telangana, listed healthcare companies and firms that are hiring.
9 ways to explore healthcare in Telangana
Hospitals & hospital chainsPharmaceutical & drug manufacturersCDMO, API & drug research companiesClinics & specialty care centresDiagnostic labs & medical device companiesHome healthcare & rehabilitation services
Hospitals & hospital chains
Multispecialty and single-specialty hospitals and hospital groups.
Provider of weight loss, skin, and hair care treatments. It offers a variety of services, including weight loss programs, inch loss treatments, figure correction, body therapies, and skin treatments such as fairness treatments, anti-aging treatments, and acne treatments. Hair care services encompass hair transplantation, hair regrowth treatments, and anti-hair fall treatments. The treatments utilize advanced technologies and are administered by a team of doctors, physiotherapists, cosmetologists, trichologists, and nutritionists. The company's focus is on holistic well-being and achieving both
The most-installed Android apps published by healthcare companies headquartered in Telangana — 3.0M installs between them. 57 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
Revenue, profit and growth from the filed annual accounts of 553 healthcare companies in Telangana for FY24-25 — 666 of the 1,391 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 48% of the revenue, so medians describe the typical company better than totals.
combined revenue, FY24-25₹135,044.75 cr
553 companies filing accounts
combined net profit₹18,143.74 cr
13.4% aggregate margin
are profitable73%
405 of 553 companies
median revenue~₹18.8 cr
the typical company
median revenue growth+8%
into FY24-25
earned by the top five48%
revenue concentration
Six-year view
Combined revenue of filing companies
₹78,201.93 crFY19-20484 filers
₹98,025.91 crFY20-21527 filers
₹106,831.23 crFY21-22555 filers
₹114,044.89 crFY22-23568 filers
₹125,765.85 crFY23-24580 filers
₹135,044.75 crFY24-25553 filers
The number of companies filing changes each year; the three-year cohort below compares like with like.
Like-for-like
The same 500 companies over three years
+21%
FY22-23₹110,666.22 cr₹11,746.93 cr net
FY23-24₹122,359.20 cr₹15,179.73 cr net
FY24-25₹133,940.79 cr₹18,164.17 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 cr7833% profitable
₹1–10 cr13065% profitable
₹10–100 cr23785% profitable
₹100–1,000 cr8784% profitable
Over ₹1,000 cr2195% profitable
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
Momentum
How fast revenue moved into FY24-25
Shrinking194
0–20%188
20–50%82
50–100%31
Doubled+45
540 companies with accounts for both years; median growth +8%.
Profitability
Profit is concentrated at the top
405profitable
147loss-making
13.4%aggregate margin
2.1%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
Company
Growth
Revenue
Trimurthi drugs and pharmaceuticalsNOVELIX PHARMACEUTICALS LIMITED
+578%
₹30.73 cr
Anthea PharmaANTHEA PHARMA PRIVATE LIMITED
₹27.78 cr
ISM CorporationISM CORPORATION PRIVATE LIMITED
₹27.06 cr
Sris SynthesisSRIS SYNTHESIS PRIVATE LIMITED
+484%
₹14.17 cr
Arete Institute of Medical SciencesARETE INSTITUTE OF MEDICAL SCIENCES PRIVATE LIMITED
₹93.54 cr
Aspiro PharmaASPIRO PHARMA LIMITED
Profit leaders · ₹10 cr+ revenue
Highest net margins, FY24-25
Company
Margin
Revenue
Natco PharmaNATCO PHARMA LIMITED
41.9%
₹4,415.80 cr
MICRO MOLECULESMICRO MOLECULES PRIVATE LIMITED
40.7%
₹34.70 cr
Caponex LabsCAPONEX LABS PRIVATE LIMITED
₹15.72 cr
Pellets PharmaPELLETS PHARMA LIMITED
31.5%
₹94.25 cr
Nosch LabsNOSCH LABS PRIVATE LIMITED
Qps BioserveQPS BIOSERVE INDIA PRIVATE LIMITED
29.6%
₹78.02 cr
Inside the industry
Sub-sectors compared, FY24-25
Sub-sector
Companies
Revenue
Median revenue
Profitable
Margin
Traditional pharmaceuticals
80
₹85,837.47 cr
~₹48.1 cr
84%
16.5%
Biopharma outsourcing
211
₹27,099.31 cr
~₹17.3 cr
71%
10.6%
Hospital chains
36
₹5,109.67 cr
~₹34.1 cr
69%
1.9%
Diversified pharmaceuticals
21
₹3,656.08 cr
~₹52.3 cr
67%
4.5%
Pharmaceutical distributors
11
₹3,003.45 cr
~₹116.0 cr
91%
1.4%
Hospitals
38
₹2,754.17 cr
~₹23.5 cr
84%
13.5%
Clinic chains
24
₹1,432.86 cr
~₹22.9 cr
88%
1.9%
Clinical laboratory chains
9
₹1,037.60 cr
~₹76.8 cr
22%
9.3%
Leaders
Largest healthcare companies by revenue, FY24-25
Company · legal entity
Revenue
Net result
Margin
Growth
Dr. Reddy's Laboratories, Dr. Reddy’s LaboratoriesDR.REDDY'S LABORATORIES LTD
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 Telangana 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, Telangana67
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
Medical device outsourcingUS$215.23m5 rounds · 5 companies
Telangana in context
Telangana’s share of India’s healthcare funding
Rounds13%66 of 511
Capital15%US$795.89m of US$5.38bn
Equity rounds over the last five years, 1,636 healthcare companies in Telangana among 20,519 in India.
Corporate activity · last 24 months
M&A in Telangana
57Acquisition
9Merger
1Announced
Most active acquirers
Aurobindo pharma8
Natco pharma6
Dr. reddy's laboratories4
Optimus4
Apollo hospitals enterprise3
Most acquired or merged
OTRS AG4
Keimed4
Dr. reddy’s laboratories3
Adcock ingram3
Gland pharma3
Each deal appears in the events strip at the top of the page.
Healthcare funding in Telangana
62 healthcare companies in Telangana have recorded equity funding, US$1.51bn in total. Totals and round dates describe the historical record; they are not current valuations.
Most funded
Largest recorded equity totals, with the latest recorded round.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Founders and momentum in Telangana
Meet the people behind healthcare companies in Telangana. 588 of 1,391 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Fastest revenue growth
Healthcare companies in Telangana with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
Services for healthcare providers
Provider of fast, reliable, and empathetic care during medical emergencies
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Growing teams
Companies whose recorded headcount rose the most between the two most recent team-size snapshots. A larger team is a signal of momentum, not of profitability.
Clinical laboratory chains
Chain of pathology and radiology labs
Team size10,238Up from 32 in the previous snapshot
Leadership · 1
AM
Abhishek M MogiliManaging Director
Traditional pharmaceuticals
Pharmaceutical company with a research background that produces APIs, formulations, and provides CRAMS services
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Women-founded
Healthcare companies in Telangana with at least one woman on the founding team. Expand a profile to meet the founders; teams can include both women and men.
Diversified pharmaceuticals
R&D company focused on manufacturing of API for multiple therapeutic areas
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