Company lists
The Gujarat edition · 2026

Life sciencescompanies in Gujarat

Medical devices, orthopedics, nutraceuticals, research tools, genomics and more: the companies building life sciences in Gujarat, with their founders, funding, team size and business models.

224 company profiles95 with reported revenue11 with recorded fundingSeptember 2026 edition

Recent life sciences business events in India

Funding, M&A, contract wins and launches involving 2,923 life sciences companies in India, last 24 months: 71 M&A deals · 51 funding rounds · 13 Contracts · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingFundraise

Anderson diagnostics and labs

Anderson Diagnostics and Labs, backed by Tata Capital Healthcare Fund, has initiated a process to raise about ₹250 crore through a mix of primary and secondary transactions, according to…

Investors Tata Capital Healthcare Fund
Diagnostics
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 · Announced

Parexel acquires Vitrana

Parexel has acquired pharmaceutical operations software vendor Vitrana.

M&AAcquisition · Announced

Nykaa acquires Nudge Wellness

Nykaa has already acquired brands like Nudge Wellness and Dot & Key skincare to enhance its portfolio in the beauty retail space.

Wellness
Funding

Fullife healthcare

"Fullife Healthcare raised $31.62 million."

Investors Na
Health and Wellness
M&AAcquisition · Completed

USV Private Ltd acquires Wellbeing nutrition

USV Private Ltd acquired around a 79% stake in nutraceutical firm Wellbeing Nutrition in an all-cash deal valuing the company at ₹1,583 crore in February.

Nutraceutical
ContractService

CuraTeQ Biologics · client: Stada arzneimittel ag

Hyderabad-based drugmaker Aurobindo Pharma Ltd on Wednesday said its wholly owned subsidiary CuraTeQ Biologics Pvt Ltd has entered into a marketing and distribution agreement with…

Healthcare
M&AAcquisition · Completed

Eris lifesciences acquires Velbiom probiotics

The acquisition has been executed via a Business Transfer Agreement (BTA), marking Eris Lifesciences’ strategic expansion into the growing probiotics and microbiome-based therapeutics…

FundingSeed

Rymo Technologies

Robotic neuro-rehabilitation startup, Rymo Technologies, raised over ₹10 crore in a seed round led by IAN Angel Fund.

Investors IAN Angel Fund
Healthtech / Robotics
M&AAcquisition · Completed

USV acquires Wellbeing nutrition

pharmaceutical major USV acquired a 79% stake in Wellbeing Nutrition

Nutrition
M&AAcquisition · Announced

Na acquires Universal Nutriscience

Kedaara Capital, the homegrown private equity firm ... is preparing to sell Universal NutriScience (UNS).

Nutraceuticals
Contract

Avio Smart Market Stack Limited · client: Huwel lifesciences

Avio Smart Market Stack Limited (ASMS), formerly known as Bartronics India Limited, has entered into a Share Subscription cum Shareholders’ Agreement with Hyderabad-based Huwel Lifesciences.

Healthcare and diagnostics
M&AAcquisition · Announced

Avio Smart Market Stack Limited acquires Huwel lifesciences

Avio Smart Market Stack has signed a shareholders’ agreement to acquire a minority stake in Hyderabad-based Huwel Lifesciences.

M&AAcquisition · Completed

Na acquires Wellbeing nutrition

Their portfolio companies—Wellbeing Nutrition, Oziva and Minimalist—were acquired by larger FMCG groups looking to broaden portfolios and fast-track capability in the wellness space.

Funding

GrepBio

The funded startups included Torus Robotics Private Limited (Rs. 40 lakh), GREPBIO DATALAB Private Limited (Rs. 30 lakh), Gadget Guruz Technologies Private Limited (Rs. 25.67 lakh),…

Investors SISF, MeitY Startup Hub
FundingSeries A

Peptris

AI-powered drug discovery startup Peptris also secured ₹70 Cr in a Series A round co-led by IAN Alpha Fund and Speciale Invest this month.

Investors IAN Alpha Fund, Speciale invest
FundingAcquisition

Oziva

Separately, Hindustan Unilever Ltd (HUL) said it will acquire the remaining 49% stake in Oziva for ₹824 crore.

FundingAcquisition

Wellbeing nutrition

Last week, USV Private Ltd acquired around 79% stake in nutraceutical firm Wellbeing Nutrition in an all-cash deal valuing the company at ₹1,583 crore.

Investors USV Private Ltd
FundingFundraise

Kapiva

Other recent transactions include Kapiva’s $60 million fundraise led by 360 ONE Asset and Vertex Growth in September.

Investors 360 ONE Asset, Vertex Growth
M&AAcquisition · Completed

USV Pvt Ltd acquires Wellbeing nutrition

USV Pvt Ltd, widely recognised for its leading brands in diabetes and cardiovascular therapy, has acquired a 79 percent stake in clean‑label nutraceutical company Wellbeing Nutrition.…

Nutraceutical
M&AAcquisition · Completed

Hul acquires Oziva

HUL has acquired the remaining 49% stake in D2C brand Oziva for Rs 824 crore, making it a wholly-owned subsidiary of the company.

Health and Wellness
M&AAcquisition · Announced

Usv acquires Wellbeing nutrition

USV has signed a definitive agreement to acquire 79 per cent equity stake in Nutritionalab (Wellbeing Nutrition)

Nutraceutical
M&AAcquisition · Announced

USV acquires Wellbeing nutrition

Pharmaceutical major USV has acquired a 79% stake in nutraceutical firm Wellbeing Nutrition in an all-cash deal, valuing the company at Rs 1,583 crore, the companies said on Thursday.

M&AAcquisition · Completed

Marico acquires Plix

Marico took a majority stake in Plix for Rs 369 crore in 2023

M&AAcquisition · Rumored

USV Pharma acquires Wellbeing nutrition

2 months ago USV Pharma has emerged as the frontrunner for acquiring an 85% stake in Wellbeing Nutrition, valuing the direct-to-consumer supplements brand at about Rs 1,600 crore.

M&AAcquisition · Announced

Hul acquires Wellbeing nutrition

The FMCG giant, which also backs nutraceuticals player Oziva, said it will acquire the remaining 49% stake in the brand for ₹824 crore, even as it sells its entire stake in Wellbeing…

Nutraceutical
FundingSeed

Articulus Surgical

Articulus Surgical, a medical device company focused on surgical robotics for minimally invasive soft-tissue procedures, has raised a Seed funding round led by Kalaari Capital.

Investors Kalaari capital
M&AAcquisition

Tube Investments and Premji Invest acquires Lotus surgicals

The sale of Lotus Surgicals to Tube Investments and Premji Invest;

M&AAcquisition

Tr capital acquires Sahajanand medical technologies

The firm also offloaded stakes in Sahajanand Medical Technologies (SMT) Ltd, First Meridian Business Services Pvt. Ltd and Paradise Food Court Pvt. Ltd through a $150 million…

FundingSeries B

Pandorum technologies

Pandorum Technologies, a biotechnology company pioneering programmable regenerative medicine, with operations in India and the United States, has announced the closing of a US$18 million…

Investors Protons Corporate, Galentic Pharma, Ashish Kacholia, Noblevast Advisory
Biotechnology

Life sciences companies in Gujarat, by revenue

Browse life sciences companies in Gujarat 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 95 life sciences companies in 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 50

Developer of minimally invasive cardiovascular devices for surgeries

Cardiac and vascular disorders
₹800.98 crFY 2022-23
Not reported
988+5% 12 mo to Aug 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Manufacturer and exporter of intraocular lenses and ophthalmic pharmaceuticals

Ophthalmology
₹326.69 crFY 2021-22
Not reported
61+6% 12 mo to Sep 2024LinkedIn · Jul 2026
39 yr1987
—No postings tracked

Manufacturer of point-of-care rapid diagnostic tests for infectious diseases.

Diversified diagnostics
₹274.53 crFY 2024-25
-47%2024–2025
101-4% 12 mo to Sep 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Portfolio of products for ophthalmology

Ophthalmology
₹240.77 crFY 2021-22
Not reported
8+14% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Manufacturer of laboratory solutions

Life sciences platforms and tools
₹256.41 crFY 2024-25
+16%2024–2025
488-3% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of nanotechnology-based drug delivery systems

Nanotechnology
₹251.67 crFY 2024-25
+2%2024–2025
75recorded
18 yr2008
2postings · last posted Aug 2026

Provider of pharmaceutical inspection system design, engineering, and installation services

Life sciences tech
₹231.43 crFY 2024-25
+9%2024–2025
13+2% 12 mo to Jan 2024LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Pharmaceutical company specializing in IV fluids

Hospital equipment
₹133.85 crFY 2021-22
Not reported
—Not available
62 yr1964
—No postings tracked

Manufacturer and suppliers of monochloro acetic acids for laboratory use

Life sciences platforms and tools
₹129.64 crFY 2022-23
Not reported
32+3% 12 mo to Jul 2024recorded Jul 2024
37 yr1989
—No postings tracked

Manufacturer of enzymes for research purpose and probiotics for supplements

Life sciences platforms and tools
₹126.00 crFY 2024-25
+21%2024–2025
100LinkedIn · Jul 2026
20 yr2006
2postings · last posted Sep 2026

Range of organic and natural supplements for daily nutritional needs

Nutraceuticals tech
₹118.97 crFY 2024-25
Not reported
9+218% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Manufacturer of pharmaceutical excipients and dosage forms

Nutraceuticals tech
₹117.85 crFY 2024-25
+2%2024–2025
192+5% 12 mo to Sep 2024LinkedIn · Jul 2026
35 yr1991
1postings · last posted Sep 2026

Manufacturer and supplier of orthopedic surgical implants

Orthopedics
₹95.67 crFY 2021-22
Not reported
471+0% 12 mo to Sep 2024recorded Sep 2024
27 yr1999
—No postings tracked

Develops Orthopedic implants and instruments

Diversified medical devices
₹76.30 crFY 2024-25
+46%2024–2025
156+26% 12 mo to Mar 2024recorded Mar 2024
34 yr1992
0none in 3 months

Vascular and Non-vascular stents

Cardiac and vascular disorders
₹65.35 crFY 2021-22
Not reported
69LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Manufacturer of absorbable and non-absorbable hemostatic products

Surgical instruments
₹73.40 crFY 2024-25
+28%2024–2025
120+52% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Jan 2025

Provider of medical products such as ear implants, ear tubes, nasal splints, and PVA dressings

Ent disorders
₹57.80 crFY 2024-25
+93%2024–2025
122+18% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of software solutions and services for pharmaceutical, healthcare, and FMCG industries

Life sciences tech
₹49.99 crFY 2024-25
+12%2024–2025
369+7% 12 mo to Jun 2024LinkedIn · Jul 2026
28 yr1998
1postings · last posted Aug 2026

Prosthetics and implants related to orthopedic surgery

Orthopedics
₹42.41 crFY 2021-22
Not reported
139+35% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
1postings · last posted Jul 2026

Production of phytochemicals and herbal extracts

Life sciences platforms and tools
₹47.42 crFY 2024-25
+28%2024–2025
7LinkedIn · Jul 2026
19 yr2007
2postings · last posted Sep 2026

Manufacturer of enzymes, probiotics, and microbial biofertilizers for various applications

Nutraceuticals tech
₹46.06 crFY 2024-25
+37%2024–2025
45-13% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Manufcaturer of intraocular lenses (IOLs) for cataract surgery

Ophthalmology
₹37.39 crFY 2021-22
Not reported
70-5% 12 mo to Sep 2024LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Developer and manufacturer of active pharmaceutical ingredients through fermentation

Life sciences platforms and tools
₹38.67 crFY 2024-25
+202%2024–2025
64+9% 12 mo to Aug 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Pain relief products

Pain management
₹33.87 crFY 2024-25
+66%2024–2025
32+117% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
6postings · last posted Aug 2026

Orthopedic implants and instruments

Orthopedics
₹26.90 crFY 2024-25
+18%2024–2025
1-18% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months
50 of 224 companies shown here · the full list is on Radar
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Explore all 224 life sciences companies in Gujarat on Radar

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Explore life sciences companies in Gujarat by what you are looking for

Browse top life sciences companies in Gujarat, from medical device makers to nutraceutical and genomics firms. You can also find life sciences startups in Gujarat and see which life sciences companies are hiring.

8 ways to explore life sciences in Gujarat

Medical device & surgical instrument makersOrthopedic implant companiesNutraceutical & supplement companiesLife sciences research tools & lab suppliersGenomics & genetic testing companiesLife sciences & healthcare software companies

Medical device & surgical instrument makers

Manufacturers of medical devices, surgical instruments and hospital equipment.

  1. SMT

    Developer of minimally invasive cardiovascular devices for surgeries

    Cardiac and vascular disorders
    See in list
  2. NEBULA

    Manufacturer and supplier of orthopedic surgical implants

    Orthopedics
    See in list
  3. Sharma Orthopedic

    Develops Orthopedic implants and instruments

    Diversified medical devices
    See in list
  4. Nano Therapeutics

    Vascular and Non-vascular stents

    Cardiac and vascular disorders
    See in list
  5. UltraCare PRO

    Pain relief products

    Pain management
    See in list

Orthopedic implant companies

Makers of orthopedic implants, trauma products and related instruments.

  1. NEBULA

    Manufacturer and supplier of orthopedic surgical implants

    Orthopedics
    See in list
  2. Sharma Orthopedic

    Develops Orthopedic implants and instruments

    Diversified medical devices
    See in list
  3. Biotek

    Prosthetics and implants related to orthopedic surgery

    Orthopedics
    See in list
  4. Uteshiya Medicare

    Provider of orthopedic implants for surgeries

    Orthopedics
    See in list
  5. Hardik International

    Orthopaedic implants and instruments

    Orthopedics
    Website

Nutraceutical & supplement companies

Producers of supplements, probiotics, herbal extracts and functional foods.

  1. Meteoric Biopharmaceuticals

    Manufacturer of enzymes for research purpose and probiotics for supplements

    Life sciences platforms and tools
    See in list
  2. SATVAM

    Range of organic and natural supplements for daily nutritional needs

    Nutraceuticals tech
    See in list
  3. Lactose India

    Manufacturer of pharmaceutical excipients and dosage forms

    Nutraceuticals tech
    See in list
  4. Aumgene Biosciences

    Manufacturer of enzymes, probiotics, and microbial biofertilizers for various applications

    Nutraceuticals tech
    See in list
  5. Panacea Phytoextracts

    Manufactures phytochemicals, herbal extracts, and powders

    Nutraceuticals tech
    See in list

Life sciences research tools & lab suppliers

Suppliers of laboratory solutions, reagents, enzymes and research equipment.

  1. Accumax

    Manufacturer of laboratory solutions

    Life sciences platforms and tools
    See in list
  2. Archit Organosys

    Manufacturer and suppliers of monochloro acetic acids for laboratory use

    Life sciences platforms and tools
    See in list
  3. Meteoric Biopharmaceuticals

    Manufacturer of enzymes for research purpose and probiotics for supplements

    Life sciences platforms and tools
    See in list
  4. Phyto Life Sciences

    Production of phytochemicals and herbal extracts

    Life sciences platforms and tools
    See in list
  5. Bills Biotech

    Developer and manufacturer of active pharmaceutical ingredients through fermentation

    Life sciences platforms and tools
    See in list

Genomics & genetic testing companies

Companies offering genetic testing, genomic research and gene-based therapies.

  1. Xcelris Labs

    Provider of genetic testing services based on RT-PCR & NGS

    Genomics
    See in list
  2. Micro CRISPR

    Developer of CRISPR technology based therapeutics to treat various diseases

    Diversified pharmaceuticals
    Website
  3. Biomac

    Developer of gene-based therapeutics technologies

    Life sciences platforms and tools
    Website
  4. CellMax Life

    Provider of sequence-based diagnostic solutions for cancer

    Genomics
    Website
  5. Sequencher Tech

    Genomics and proteomics services for industry and academia

    Life sciences platforms and tools
    Website

Life sciences & healthcare software companies

Software providers for pharma, laboratories, clinics and hospitals.

  1. Sarjen

    Provider of software solutions and services for pharmaceutical, healthcare, and FMCG industries

    Life sciences tech
    See in list
  2. Webosphere

    Provider of web design, application & software development, and IT service suite solutions

    Life sciences tech
    Website
  3. Ecubix ECP

    Cloud-based sales force automation solution for pharma

    Life sciences tech
    Website
  4. Cronos

    Cloud-based software for the management of clinical trials

    Life sciences tech
    Website
  5. pharmaNET

    Sales and distribution management software

    Life sciences tech
    Website

Life sciences startups in Gujarat

Recently founded life sciences companies in Gujarat.

  1. Micro CRISPR

    Developer of CRISPR technology based therapeutics to treat various diseases

    Diversified pharmaceuticals
    Website
  2. Marisha’s

    Online platform that offers natural, herbal, and organic wellness products

    Nutraceuticals tech
    Website
  3. Galanto Innovations

    Developer of rehabilitation technologies focusing on hand rehabilitation

    Assistive tech
    Website
  4. Anself Dynamics

    Developer of artificial intelligence-driven medical devices for preventive healthcare solutions

    Ophthalmology
    Website
  5. Genoscope

    Developer of saliva-based diagnostic tests for head and neck cancer

    Oncology
    Website
32 companies in Gujarat

Life sciences companies hiring in Gujarat

Life sciences companies in Gujarat with open roles.

  1. Envision Scientific

    Provider of nanotechnology-based drug delivery systems

    Nanotechnology
    See in list
  2. Meteoric Biopharmaceuticals

    Manufacturer of enzymes for research purpose and probiotics for supplements

    Life sciences platforms and tools
    See in list
  3. Lactose India

    Manufacturer of pharmaceutical excipients and dosage forms

    Nutraceuticals tech
    See in list
  4. Aegis Lifesciences

    Manufacturer of absorbable and non-absorbable hemostatic products

    Surgical instruments
    See in list
  5. Sarjen

    Provider of software solutions and services for pharmaceutical, healthcare, and FMCG industries

    Life sciences tech
    See in list
18 companies in Gujarat
Mobile reach

Top 10 life sciences apps from Gujarat

The most-installed Android apps published by life sciences companies headquartered in Gujarat — 27K installs between them. 11 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
3

Dr. Cardio ECG Cloud

by Dr. Cardio

Installs2K
Rating—
Last updatedMar 2026
View on Google Play ↗
Dr. Cardio ECG Cloud screenshot 1Dr. Cardio ECG Cloud screenshot 2Dr. Cardio ECG Cloud screenshot 3Dr. Cardio ECG Cloud screenshot 4Dr. Cardio ECG Cloud screenshot 5Dr. Cardio ECG Cloud screenshot 6
5

NEBULA SALES

by NEBULA

Installs477
Rating—
Last updatedJul 2025
View on Google Play ↗
NEBULA SALES screenshot 1NEBULA SALES screenshot 2NEBULA SALES screenshot 3NEBULA SALES screenshot 4NEBULA SALES screenshot 5NEBULA SALES screenshot 6
6

Ezcure

by Ezcure

Installs73
Rating—
Last updatedAug 2022
View on Google Play ↗
Ezcure screenshot 1Ezcure screenshot 2Ezcure screenshot 3Ezcure screenshot 4Ezcure screenshot 5Ezcure screenshot 6
9

SMT Global SMarT TRACK

by SMT

Installs14
Rating—
Last updatedAug 2024
View on Google Play ↗
SMT Global SMarT TRACK screenshot 1SMT Global SMarT TRACK screenshot 2SMT Global SMarT TRACK screenshot 3SMT Global SMarT TRACK screenshot 4SMT Global SMarT TRACK screenshot 5SMT Global SMarT TRACK screenshot 6
The business behind the activity

Life sciences financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 89 life sciences companies in Gujarat for FY24-25 — 108 of the 224 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 60% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹6,123.72 cr

89 companies filing accounts

combined net profit₹692.47 cr

11.3% aggregate margin

are profitable66%

59 of 89 companies

median revenue~₹7.9 cr

the typical company

median revenue growth+14%

into FY24-25

earned by the top five60%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,395.93 crFY19-2071 filers
₹2,768.27 crFY20-2180 filers
₹3,904.20 crFY21-2280 filers
₹4,530.30 crFY22-2384 filers
₹5,275.71 crFY23-2491 filers
₹6,123.72 crFY24-2589 filers

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

Like-for-like

The same 76 companies over three years

+35%
FY22-23₹4,434.22 cr₹786.85 cr net
FY23-24₹5,175.70 cr₹543.47 cr net
FY24-25₹5,979.79 cr₹680.10 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 cr2934% profitable
₹1–10 cr2167% profitable
₹10–100 cr2592% profitable
₹100–1,000 cr1385% profitable
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking29
0–20%19
20–50%15
50–100%8
Doubled+13

84 companies with accounts for both years; median growth +14%.

Profitability

Profit is concentrated at the top

59profitable
30loss-making
11.3%aggregate margin
2.2%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
Bills BiotechBILLS BIOTECH PRIVATE LIMITED.+202%₹38.67 cr
EONEON MEDITECH PRIVATE LIMITED+93%₹57.80 cr
Xcelris LabsXCELRIS LABS LIMITED
Zealmax Ortho, UltraCare PROZEALMAX INNOVATIONS PRIVATE LIMITED+66%₹33.87 cr
SATVAMNUTRITIONALAB PRIVATE LIMITED+65%₹118.97 cr
Sharma OrthopedicSHARMA ORTHOPEDIC (INDIA) LIMITED+49%₹74.59 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Bills BiotechBILLS BIOTECH PRIVATE LIMITED.61.1%₹38.67 cr
Sarjen Systems, SarjenSARJEN SYSTEMS PRIVATE LIMITED28.2%₹48.58 cr
Care GroupCAREGROUP SIGHT SOLUTION PRIVATE LIMITED26.8%₹519.78 cr
Aumgene BiosciencesAUMGENE BIOSCIENCES PRIVATE LIMITED26.2%₹46.06 cr
MyvalMERIL LIFE SCIENCES PRIVATE LIMITED24.6%
Sharma OrthopedicSHARMA ORTHOPEDIC (INDIA) LIMITED21.7%₹74.59 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Ophthalmology5₹896.29 cr~₹58.5 cr80%23.8%
Nutraceuticals tech15₹870.69 cr~₹4.0 cr60%2.2%
Orthopedics21₹601.05 cr~₹10.8 cr86%13.4%
Life sciences platforms and tools16₹566.76 cr~₹8.0 cr75%-13.8%
Leaders

Largest life sciences companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
MyvalMERIL LIFE SCIENCES PRIVATE LIMITED₹425.45 cr24.6%+44%
NutranextVARDHAMAN STAMPINGS PRIVATE LIMITED₹545.70 cr₹37.98 cr7.0%+6%
SMTSAHAJANAND MEDICAL TECHNOLOGIES LIMITED₹538.60 cr−₹7.92 cr-1.5%+13%
Care GroupCAREGROUP SIGHT SOLUTION PRIVATE LIMITED₹519.78 cr₹139.20 cr26.8%+12%
Biotech Vision CareBIOTECH VISION CARE PRIVATE LIMITED₹317.33 cr₹64.81 cr20.4%+25%
Premier Medical CorporationPREMIER MEDICAL CORPORATION PRIVATE LIMITED₹274.53 cr₹21.58 cr7.9%-47%
Envision ScientificENVISION SCIENTIFIC PRIVATE LIMITED₹251.67 cr₹5.63 cr2.2%+2%
AccumaxACCUMAX LAB DEVICES PRIVATE LIMITED₹173.64 cr₹8.27 cr4.8%+25%
NEBULANEBULA SURGICAL PRIVATE LIMITED₹163.66 cr₹34.99 cr21.4%+14%
Archit OrganosysARCHIT ORGANOSYS LIMITED₹128.69 cr₹5.05 cr3.9%+11%
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.

Industry landscape report

Life Sciences Industry Landscape of India

The financials above are one chapter. The full life sciences landscape of Gujarat maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the life sciences landscape of Gujarat
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

Life sciences funding and M&A across India

1,173 recorded equity rounds have gone to 2,923 life sciences companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months32

US$112.20m

equity rounds, last 24 months109

US$340.04m

raised over five yearsUS$1.34bn

524 rounds in India

M&A deals, India71

last 24 months

Capital by year

Equity funding into life sciences in India

amount rounds
$170m201878
$106m2019102
$166m2020115
$225m2021122
$415m2022115
$176m202390
$247m2024114
$219m202570
$57m202613

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$414.66m across 115 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$38.29m93 rounds · median US$144k
SeedUS$207.67m320 rounds · median US$295k
Series AUS$281.75m65 rounds · median US$3.03m
Series BUS$392.73m31 rounds · median US$10.15m
Series CUS$213.30m9 rounds · median US$10.00m
Series D+US$174.00m5 rounds · median US$32.00m
Private equityUS$30.00m1 rounds · median US$30.00m
Where the money went · five years

Most-funded sub-sectors

GenomicsUS$273.16m45 rounds · 19 companies
Nutraceuticals techUS$264.23m110 rounds · 52 companies
Clinical laboratory chainsUS$114.00m3 rounds · 1 companies
Life sciences techUS$95.01m38 rounds · 15 companies
Life sciences platforms and toolsUS$90.16m36 rounds · 22 companies
OncologyUS$87.51m30 rounds · 14 companies
Cardiac and vascular disordersUS$43.31m10 rounds · 5 companies
Corporate activity · last 24 months

M&A in India

69Acquisition
1Buyout
1Merger

Most active acquirers

  1. Thermo fisher scientific11
  2. Serum institute of india5
  3. USV Private Ltd3
  4. Na3
  5. Foresight group3

Most acquired or merged

  1. Wellbeing nutrition8
  2. Sahajanand medical technologies4
  3. Nudge Wellness3
  4. Renalyx health systems3
  5. Axio3

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

Go deeper in the life sciences landscape reports:

Life Sciences Industry Landscape of India

Life sciences funding in Gujarat

11 life sciences companies in Gujarat have recorded equity funding, US$98.67m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gujarat

Meet the people behind life sciences companies in Gujarat. 128 of 224 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat life sciences companies by sub-sector

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

Keep exploring life sciences in India and nearby markets.

Coming soon