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The Uttarakhand edition · 2026

Healthcarecompanies in Uttarakhand

Pharma manufacturing, ayurvedic & herbal, hospitals, yoga & wellness, clinics and more: the companies building healthcare in Uttarakhand, with their founders, funding, team size and business models.

Explore in Radar See the ranked list ↓
184 company profiles53 with reported revenue2 with recorded fundingOctober 2026 edition
Uttarakhand · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent healthcare business events in India

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

M&AAcquisition · Announced

True north acquires Embio

According to reports, True North invested about INR 478 crores to acquire a 25 percent stake in Embio.

Pharmaceuticals
M&AAcquisition · Announced

Skymap pharmaceuticals acquires Indian Medicines Pharmaceutical Corporation Ltd

The Indian government has officially approved the acquisition of Indian Medicines Pharmaceutical Corporation Ltd (IMPCL) by Skymap Pharmaceuticals Pvt Ltd for ₹121 crore.

Pharmaceuticals
FundingSecondary

Marengo asia healthcare

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

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

Marksans pharma acquires Qliniq

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 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

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 Uttarakhand, by revenue

Browse healthcare companies in Uttarakhand 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 53 healthcare companies in Uttarakhand 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

Manufacturer and exporter of parenteral formulations

Biopharma outsourcing
₹231.46 crFY 2024-25
+6%2024–2025
454+11% 12 mo to Jul 2024LinkedIn · Oct 2026
21 yr2005
0none in 3 months · last posted Mar 2026

Manufacturer of generic tablets, capsules, liquid and cosmetic products

Traditional pharmaceuticals
₹215.35 crFY 2024-25
-7%2024–2025
155+12% 12 mo to Sep 2024LinkedIn · Oct 2026
18 yr2008
0none in 3 months · last posted Jun 2026

Manufacturer and exporter of rice and other grains

Traditional pharmaceuticals
₹132.51 crFY 2024-25
+29%2024–2025
245-12% 12 mo to Sep 2024recorded Sep 2024
41 yr1985
0none in 3 months

Manufacturer of nutraceutical and health supplements with a focus on promoting well-being and enhancing health

Traditional nutraceuticals
₹100.62 crFY 2024-25
+39%2024–2025
25-13% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

CMO manufacturing various pharmaceutical dosage forms

Biopharma outsourcing
₹95.32 crFY 2024-25
+16%2024–2025
—Not available
20 yr2006
0none in 3 months

Pharmaceutical company specializing in high quality ethical products, with a focus on drug formulation and lifecycle management

Biopharma outsourcing
₹88.41 crFY 2024-25
+2%2024–2025
78+3% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Manufacturer of drugs for multiple therapeutic areas

Diversified pharmaceuticals
₹80.41 crFY 2024-25
+16%2024–2025
132LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of cattle and poultry care products made with natural herbs and formulations

Veterinary health products
₹65.37 crFY 2021-22
Not reported
145+6% 12 mo to Sep 2024recorded Sep 2024
24 yr2002
—No postings tracked

Manufacturer of tablets, capsules, powders, injections, oral liquids, and suspensions

Traditional pharmaceuticals
₹66.46 crFY 2024-25
+6%2024–2025
91LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Multispecialty healthcare hospital offering medical services

Hospitals
₹62.43 crFY 2024-25
-5%2024–2025
134LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Diversified pharmaceutical company

Diversified pharmaceuticals
₹54.72 crFY 2023-24
+69%2023–2024
126LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of tablets, capsules, syrup, and ointments

Biopharma outsourcing
₹40.38 crFY 2023-24
Not reported
47+80% 12 mo to Sep 2024LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Contract manufacturer of herbal, nutraceutical, ayurvedic, sports nutrition, and personal care products

Biopharma outsourcing
₹38.23 crFY 2024-25
-67%2024–2025
—Not available
5 yr2021
0none in 3 months

Manufacturer and exporter of pharmaceutical, nutraceutical, and ayurvedic products

Traditional pharmaceuticals
₹37.03 crFY 2024-25
+68%2024–2025
—Not available
10 yr2016
0none in 3 months

Provider of pharmaceutical manufacturing solutions

Traditional pharmaceuticals
₹36.05 crFY 2024-25
-2%2024–2025
78LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Provider of underground mining construction and maintenance services

Hospitals
₹33.55 crFY 2024-25
+2%2024–2025
34LinkedIn · Oct 2026
19 yr2007
0none in 3 months

Manufacturer of pharmaceutical formulations in various dosage forms for global markets

Biopharma outsourcing
₹32.83 crFY 2024-25
+15%2024–2025
53LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Standalone obstetrics & gynaecology clinic

Clinics
₹26.72 crFY 2021-22
Not reported
—Not available
56 yr1970
—No postings tracked

Provider of homeopathic medical services and consultations

Clinics
₹29.21 crFY 2024-25
Not reported
3-39% 12 mo to Sep 2024LinkedIn · Oct 2026
30 yr1996
0none in 3 months

Provider of innovative nutraceutical and herbaceutical formulations in tablets, capsules, and powder dosage forms

Biopharma outsourcing
₹24.24 crFY 2024-25
+15%2024–2025
21+35% 12 mo to May 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Pharmaceutical company that manufactures, packages, distributes, and exports a range of ethical pharmaceutical products, including tablets, suspensions, and syrups

Biopharma outsourcing
₹20.83 crFY 2024-25
-17%2024–2025
—Not available
30 yr1996
0none in 3 months

Pharmaceutical company that researches, develops, manufactures, and markets medications

Biopharma outsourcing
₹18.42 crFY 2023-24
+11%2023–2024
—Not available
14 yr2012
0none in 3 months

CDMO focused on manufacturing pharmaceutical formulation and packaging services

Biopharma outsourcing
₹18.64 crFY 2024-25
+25%2024–2025
—Not available
7 yr2019
0none in 3 months

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

Diversified pharmaceuticals
₹15.33 crFY 2024-25
-6%2024–2025
74+6% 12 mo to Feb 2024recorded Feb 2024
20 yr2006
0none in 3 months

Manufacturer of phytogenic feed additives and herbal medicine for animals

Veterinary health products
₹14.32 crFY 2024-25
+20%2024–2025
7LinkedIn · Jul 2026
37 yr1989
0none in 3 months
50 of 184 companies shown here · the full list is on Radar
Fliar Radar

Explore all 184 healthcare companies in Uttarakhand on Radar

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

Open healthcare in Uttarakhand on Radar
  • Every company, not just 50All 184 healthcare companies in Uttarakhand, 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 Uttarakhand by what you are looking for

Browse healthcare companies in Uttarakhand, including pharmaceutical manufacturers, hospitals, ayurvedic product makers and yoga wellness centers. See top healthcare companies in Uttarakhand, healthcare startups and companies that are hiring.

9 ways to explore healthcare in Uttarakhand

Pharmaceutical manufacturers & contract manufacturingAyurvedic & herbal medicine manufacturersHospitals in UttarakhandYoga, ayurveda retreats & wellness centersClinics: dental, skin, eye & specialty carePharmaceutical distributors, pharmacies & medical suppliers

Pharmaceutical manufacturers & contract manufacturing

Makers of generic drugs, formulations and contract pharma manufacturers.

  1. Axa Parenterals

    Manufacturer and exporter of parenteral formulations

    Biopharma outsourcing
    See in list
  2. Rivpra Formulation

    Manufacturer of generic tablets, capsules, liquid and cosmetic products

    Traditional pharmaceuticals
    See in list
  3. Himalaya Meditek

    CMO manufacturing various pharmaceutical dosage forms

    Biopharma outsourcing
    See in list
  4. Ravian life Science

    Pharmaceutical company specializing in high quality ethical products, with a focus on drug formulation and lifecycle management

    Biopharma outsourcing
    See in list
  5. Hiral Labs

    Manufacturer of tablets, capsules, powders, injections, oral liquids, and suspensions

    Traditional pharmaceuticals
    See in list
43 companies in UttarakhandAll 1,415 biopharma outsourcing companies in India →

Ayurvedic & herbal medicine manufacturers

Makers of ayurvedic, herbal and homeopathic medicines and wellness products.

  1. Arogya Formulations

    Manufacturer of herbal medicines

    Alternative medicine products
    See in list
  2. G. K. Burman Herbal

    Manufacturer & exporter of ayurvedic and medicare products

    Beauty & personal care products
    See in list
  3. Planet herbs lifesciences

    Manufacture and market research based nutraceutical products developed in-house

    Nutraceuticals tech
    See in list
  4. Konkuwan Herbs

    Provider of raw medicinal herb materials and end-to-end farming solutions

    Foundations
    See in list
  5. Adley Medicare

    Adley Medicare – Adley Medicare

    Alternative medicine products
    See in list
20 companies in UttarakhandAll 283 alternative medicine products companies in India →

Hospitals in Uttarakhand

Multispecialty and general hospitals providing medical care.

  1. Synergy Institute of Medical Sciences

    Multispecialty healthcare hospital offering medical services

    Hospitals
    See in list
  2. Anand Hospital

    Provider of multi-specialty medical services including orthopaedics, physiotherapy, and internal medicine

    Hospitals
    See in list
  3. Chamunda Hospital

    Standalone multi speciality hospital

    Hospitals
    See in list
  4. Central Hospital

    Standalone multispecialty hospital

    Hospitals
    See in list
  5. Amch Roorkee

    Chains providing multi-specialty medical care, diagnostic services, and paramedical education

    Hospitals
    Website
15 companies in UttarakhandAll 1,426 hospitals companies in India →

Yoga, ayurveda retreats & wellness centers

Yoga schools, wellness resorts and meditation centers.

  1. Divya Yog Mandir

    Standalone yoga center

    Fitness and wellness centers
    Website
  2. NaturOville

    Wellness spa and resort for Ayurveda, yoga and meditation

    Fitness and wellness centers
    Website
  3. Xpertayurcure Wellness

    Provider of wellness and ayurvedic care services

    Fitness and wellness centers
    Website
  4. Vedansha

    Chain of yoga centers

    Fitness and wellness chains
    Website
  5. Panchopachar Wellness Resort

    Provider of a range of services and activities aimed at nurturing the mind, body, and spirit through traditional practices such as yoga, naturopathy, and meditation

    Fitness and wellness centers
    Website
27 companies in UttarakhandAll 112 fitness and wellness centers companies in India →

Clinics: dental, skin, eye & specialty care

Specialty clinics for dental, dermatology, eye care and women's health.

  1. Luthra Maternity Infertility Centre

    Standalone obstetrics & gynaecology clinic

    Clinics
    See in list
  2. Dr.Gupta Pathology Lab

    Standalone pathology lab

    Clinical laboratories
    Website
  3. The Eye Clinic Dehradun

    Welcome to ::::* The Eye Clinic *::::

    Clinic chains
    Website
  4. Ankita's Skin and Cosmetic Clinic

    Expert dermatology and personalized skincare solutions for healthy, radiant skin

    Clinics
    Website
  5. Test Company

    Provider of mental health therapy services for individuals and groups

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

Pharmaceutical distributors, pharmacies & medical suppliers

Distributors of drugs, medical devices and healthcare supplies.

  1. Ambient Healthcare

    Distributor of diversified drugs

    Pharmaceutical distributors
    See in list
  2. Salivio Pharma

    Distributor of saliflox od tablet, lmozyme syrup, salgin vit capsules, and other medicines

    Pharmaceutical distributors
    Website
  3. Pioneer Healthcare Technologies

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

    Diversified medical devices
    Website
  4. Techlance Medical

    Provider of diversified medical devices for consumers

    Diversified medical devices
    Website
  5. TONS BIO MEDICAL

    Manufacturer and trader of medical appliances, offering a range of products including laboratory equipment, scientific instruments, and medical testing instruments

    Medical device distributors
    Website
16 companies in UttarakhandAll 345 pharmaceutical distributors companies in India →

Veterinary & animal health product companies

Animal nutrition, feed additives and pet healthcare product makers.

  1. Dasya Pharma

    Pharmaceutical company that manufactures and supplies a range of animal feed supplements, pet care products, and prescription medications

    Veterinary medical retailers and distributors
    See in list
  2. Amorvet

    Manufacturer of natural animal nutritional supplements, herbals, vitamins, minerals, and hygiene products

    Veterinary health products
    Website
  3. Oxi Pharma

    Third-party manufacturing company that specializes in producing pharmaceutical and veterinary medicines

    Services to veterinary health
    Website
  4. Natural Herbs & Formulations

    Provider of cattle and poultry care products made with natural herbs and formulations

    Veterinary health products
    See in list
  5. Nutricare

    Manufacturer of phytogenic feed additives and herbal medicine for animals

    Veterinary health products
    See in list
6 companies in UttarakhandAll 119 animal feed and nutrition companies in India →

Healthcare startups in Uttarakhand

Recently founded healthcare companies in Uttarakhand.

  1. Swaranimakash-LifeSciences-Pvt-Ltd

    Contract manufacturer of herbal, nutraceutical, ayurvedic, sports nutrition, and personal care products

    Biopharma outsourcing
    See in list
  2. Mr Care Pharmacy

    Retailer of solutions for a smarter future

    Pharmacies
    See in list
  3. Dasya Pharma

    Pharmaceutical company that manufactures and supplies a range of animal feed supplements, pet care products, and prescription medications

    Veterinary medical retailers and distributors
    See in list
  4. Adley Medicare

    Adley Medicare – Adley Medicare

    Alternative medicine products
    See in list
  5. Salivio Pharma

    Distributor of saliflox od tablet, lmozyme syrup, salgin vit capsules, and other medicines

    Pharmaceutical distributors
    Website
36 companies in Uttarakhand

Healthcare companies hiring in Uttarakhand

Uttarakhand healthcare companies with open roles.

  1. Axa Parenterals

    Manufacturer and exporter of parenteral formulations

    Biopharma outsourcing
    See in list
  2. Rivpra Formulation

    Manufacturer of generic tablets, capsules, liquid and cosmetic products

    Traditional pharmaceuticals
    See in list
  3. Arogya Formulations

    Manufacturer of herbal medicines

    Alternative medicine products
    See in list
  4. Jegser Business India

    Trader of refurbished ultrasound machines, Samsung ultrasound machines, and ventilator machines

    Medical device distributors
    See in list
  5. East African India Overseas

    Pharmaceutical company

    Traditional pharmaceuticals
    Website
6 companies in Uttarakhand
The business behind the activity

Healthcare financials in Uttarakhand

Revenue, profit and growth from the filed annual accounts of 51 healthcare companies in Uttarakhand for FY24-25 — 58 of the 184 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 51% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,545.20 cr

51 companies filing accounts

combined net profit₹106.18 cr

6.9% aggregate margin

are profitable82%

42 of 51 companies

median revenue~₹9.4 cr

the typical company

median revenue growth+6%

into FY24-25

earned by the top five51%

revenue concentration

Six-year view

Combined revenue of filing companies

₹802.63 crFY19-2045 filers
₹961.97 crFY20-2146 filers
₹1,209.68 crFY21-2248 filers
₹1,330.66 crFY22-2351 filers
₹1,619.96 crFY23-2453 filers
₹1,545.20 crFY24-2551 filers

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

Like-for-like

The same 46 companies over three years

+24%
FY22-23₹1,242.70 cr₹73.18 cr net
FY23-24₹1,505.52 cr₹86.86 cr net
FY24-25₹1,544.82 cr₹106.21 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 cr1145% profitable
₹1–10 cr1580% profitable
₹10–100 cr20100% profitable
₹100–1,000 cr5100% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking19
0–20%12
20–50%9
50–100%5
Doubled+3

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

Profitability

Profit is concentrated at the top

42profitable
9loss-making
6.9%aggregate margin
1.8%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
Natural Herbs & FormulationsNATURAL HERBS AND FORMULATION PRIVATE LIMITED+62%₹101.16 cr
Arogya FormulationsAROGYA FORMULATIONS PRIVATE LIMITED
NeutrawellNEUTRAWELL HEALTHCARE PRIVATE LIMITED+39%₹100.62 cr
Acies PharmaceuticalACIES PHARMACEUTICAL PRIVATE LIMITED+32%₹25.53 cr
Agron RemediesAGRON REMEDIES PRIVATE LIMITED+29%₹132.51 cr
NeXgenRX PharmaceuticalsNEXGENRX PHARMACEUTICALS PRIVATE LIMITED+25%₹18.64 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Hiral LabsHIRAL LABS LIMITED14.5%₹66.46 cr
Synergy Institute of Medical SciencesPADMANABH HEALTHCARE PRIVATE LIMITED12.5%₹62.43 cr
Suncare FormulationsSUNCARE FORMULATIONS PRIVATE LIMITED12.3%₹36.01 cr
Axa ParenteralsAXA PARENTERALS LIMITED11.7%₹231.16 cr
Ravian life ScienceRAVIAN LIFE SCIENCE PRIVATE LIMITED10.2%₹88.41 cr
Rivpra FormulationRIVPRA FORMULATION PRIVATE LIMITED9.8%₹215.35 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Biopharma outsourcing15₹512.30 cr~₹10.9 cr73%7.7%
Traditional pharmaceuticals10₹497.02 cr~₹17.3 cr90%9.1%
Hospitals6₹116.48 cr~₹8.2 cr100%10.0%
Leaders

Largest healthcare companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Axa ParenteralsAXA PARENTERALS LIMITED₹231.16 cr₹27.11 cr11.7%+6%
Rivpra FormulationRIVPRA FORMULATION PRIVATE LIMITED₹215.35 cr₹21.11 cr9.8%-7%
Agron RemediesAGRON REMEDIES PRIVATE LIMITED₹132.51 cr₹4.50 cr3.4%+29%
Natural Herbs & FormulationsNATURAL HERBS AND FORMULATION PRIVATE LIMITED₹101.16 cr₹1.22 cr1.2%+62%
NeutrawellNEUTRAWELL HEALTHCARE PRIVATE LIMITED₹100.62 cr₹2.94 cr2.9%+39%
Ravian life ScienceRAVIAN LIFE SCIENCE PRIVATE LIMITED₹88.41 cr₹9.01 cr10.2%+2%
SaludCareSALUD CARE (INDIA) LIMITED₹80.41 cr₹1.06 cr1.3%+16%
Hiral LabsHIRAL LABS LIMITED₹66.46 cr₹9.66 cr14.5%+6%
Synergy Institute of Medical SciencesPADMANABH HEALTHCARE PRIVATE LIMITED₹62.43 cr₹7.81 cr12.5%-5%
Himalaya MeditekHIMALAYA MEDITEK PRIVATE LIMITED₹50.31 cr₹15.03 lakh0.3%+8%
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 Uttarakhand 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 Uttarakhand

Meet the people behind healthcare companies in Uttarakhand. 45 of 184 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Uttarakhand healthcare companies by sub-sector

The most common specialisations among healthcare companies in Uttarakhand. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring healthcare in India and nearby markets.

Coming soon