Company lists
The India edition · 2026

Life sciencescompanies in India

Research tools, genomics, nutraceuticals, medical devices, drugs & vaccines and more: the companies building life sciences in India, with their founders, funding, team size and business models.

2,324 company profiles1,094 with reported revenue333 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

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.

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
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
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 · Completed

Marico acquires Plix

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

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 · 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 India, by revenue

Browse life sciences companies in India 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 1,094 life sciences companies in India 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 of medical imaging, diagnostic, pharmaceutical imaging agents, and monitoring equipment

Imaging diagnostics
US$20.62bnDec 2025
+5%2024–2025
346recorded
36 yr1990
0none in 3 months

Manufacturer of vaccines and immuno-biological drugs for infectious diseases

Infectious diseases
₹10,733.00 crFY 2022-23
Not reported
5,902+13% 12 mo to Sep 2024LinkedIn · Jul 2026
60 yr1966
0none in 3 months

Provider of dietary supplements to improve health and fitness

Nutraceuticals tech
₹8,302.30 crFY 2024-25
+5%2024–2025
—Not available
19 yr2007
6postings · last posted Aug 2026

Developer of vaccines for treating multiple diseases

Infectious diseases
₹2,655.47 crFY 2021-22
Not reported
4,987-41% 12 mo to Aug 2024LinkedIn · Jul 2026
73 yr1953
9postings · last posted Sep 2026

Developer of continuous glucose monitoring device for diabetic patients

Disease self management
₹2,669.84 crFY 2024-25
+15%2024–2025
1,015-1% 12 mo to Aug 2024recorded Aug 2024
11 yr2015
73postings · last posted Sep 2026

Provider of research instruments and supplies

Life sciences platforms and tools
₹1,746.75 crFY 2022-23
Not reported
1,280+5% 12 mo to Aug 2024recorded Aug 2024
19 yr2007
473postings · last posted Sep 2026

Remote healthcare monitoring devices

Nutraceuticals tech
₹1,829.94 crFY 2024-25
+7%2024–2025
617-91% 12 mo to Jul 2023LinkedIn · Jul 2026
25 yr2001
0none in 3 months · last posted Apr 2026

Online platform offering personal care products

Nutraceuticals tech
₹1,730.47 crFY 2024-25
+5%2024–2025
1,860-4% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Manufacturer of vaccines and bio-therapeutic products

Immunotherapy
₹1,699.59 crFY 2024-25
Not reported
2,027+67% 12 mo to Apr 2024LinkedIn · Jul 2026
30 yr1996
0none in 3 months

A technology-driven business services provider in healthcare

Life sciences tech
₹1,580.64 crFY 2024-25
+39%2024–2025
468LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Manufacturer of animal and human vaccines

Immunotherapy
₹1,512.92 crFY 2024-25
+8%2024–2025
1,752+7% 12 mo to Sep 2024recorded Sep 2024
44 yr1982
0none in 3 months

Provider of pharmaceutical supply chain solutions

Life sciences tech
₹1,372.95 crFY 2024-25
Not reported
165+21% 12 mo to Nov 2023LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Traditional pharmaceutical company operational in Ophthalmic, ENT and Inhalation segments

Ophthalmology
₹1,262.74 crFY 2024-25
+43%2024–2025
501recorded
36 yr1990
6postings · last posted Sep 2026

Manufactures hybrid cotton and paddy seeds.

Crop tech
₹1,117.66 crFY 2022-23
Not reported
1,695+3% 12 mo to Jun 2023LinkedIn · Jul 2026
53 yr1973
1postings · last posted Sep 2026

Specializes in fermentation based enzymes

Life sciences platforms and tools
₹1,050.04 crFY 2023-24
Not reported
118+41% 12 mo to Sep 2024LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Developer of point-of-care molecular diagnostic platform for infectious disease detection

Genomics
₹1,027.94 crFY 2024-25
+22%2024–2025
794+5% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
3postings · last posted Sep 2026

A stem cell banking company specializing in cord blood and tissue preservation

Genomics
₹855.44 crFY 2024-25
+146%2024–2025
2,658-32% 12 mo to Oct 2023LinkedIn · Jul 2026
22 yr2004
4postings · last posted Aug 2026

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

Developer of ophthalmic instruments and pharmaceutical products

Ophthalmology
₹765.69 crFY 2022-23
Not reported
1,646LinkedIn · Jul 2026
48 yr1978
2postings · last posted Aug 2026

Online platform for the purchase of orthopedic products

Orthopedics
₹394.08 crFY 2022-23
Not reported
825+5% 12 mo to Sep 2024LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Manufacturer of standardized botanical extracts for human and animal nutrition

Nutraceuticals tech
₹390.05 crFY 2022-23
-1%2022–2023
407+1% 12 mo to Feb 2024LinkedIn · Jul 2026
37 yr1989
1postings · last posted Sep 2026

Provider of DNA sequencing, bioinformatics, and multiomics services

Clinical laboratory chains
₹406.98 crFY 2024-25
Not reported
1,006+1% 12 mo to Jul 2024LinkedIn · Jul 2026
13 yr2013
1postings · last posted Jul 2026

Portfolio of orthopedic medical devices and disposables

Orthopedics
₹375.50 crFY 2024-25
+10%2024–2025
568LinkedIn · Jul 2026
46 yr1980
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

Developer of therapeutics for oncology and dermatology

Oncology
₹368.79 crFY 2024-25
+24%2024–2025
243+31% 12 mo to Jul 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months
50 of 2,324 companies shown here · the full list is on Radar
Fliar Radar

Explore all 2,324 life sciences companies in India on Radar

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

Open life sciences in India on Radar
  • Every company, not just 50All 2,324 life sciences companies in India, 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 life sciences companies in India by what you are looking for

Browse top life sciences companies in India, from genomics and research tools to medical devices and nutraceuticals. You can also find life sciences startups in India and companies that are hiring.

9 ways to explore life sciences in India

Life sciences research tools & biotech companiesGenomics & diagnostics companiesNutraceutical & dietary supplement companiesMedical device & hospital equipment companiesDrug, vaccine & therapeutics developersHealthcare IT & lab software companies

Life sciences research tools & biotech companies

Research instruments, reagents, enzymes and biopharma services.

  1. Thermo Fisher Scientific

    Provider of research instruments and supplies

    Life sciences platforms and tools
    See in list
  2. GOBIOM Biomarker

    Provider of biomarker database

    Life sciences tech
    Website
  3. Dalas Biotech

    Specializes in fermentation based enzymes

    Life sciences platforms and tools
    See in list
  4. Alchem International

    Developer of phytochemicals for pharmaceuticals, cosmetics, and the nutraceutical industry

    Nutraceuticals tech
    See in list
  5. Premas Life Sciences

    Provider of next-generation DNA sequencing instruments

    Genomics
    See in list

Genomics & diagnostics companies

DNA sequencing, genetic testing and molecular diagnostics providers.

  1. GE HealthCare

    Manufacturer of medical imaging, diagnostic, pharmaceutical imaging agents, and monitoring equipment

    Imaging diagnostics
    See in list
  2. Molbio Diagnostics

    Developer of point-of-care molecular diagnostic platform for infectious disease detection

    Genomics
    See in list
  3. LifeCell

    A stem cell banking company specializing in cord blood and tissue preservation

    Genomics
    See in list
  4. MedGenome

    Provider of DNA sequencing, bioinformatics, and multiomics services

    Clinical laboratory chains
    See in list
  5. Premas Life Sciences

    Provider of next-generation DNA sequencing instruments

    Genomics
    See in list

Nutraceutical & dietary supplement companies

Dietary supplements, functional foods and nutraceutical ingredients.

  1. Herbalife

    Provider of dietary supplements to improve health and fitness

    Nutraceuticals tech
    See in list
  2. Dr.Morepen

    Remote healthcare monitoring devices

    Nutraceuticals tech
    See in list
  3. Arjuna Natural

    Manufacturer of standardized botanical extracts for human and animal nutrition

    Nutraceuticals tech
    See in list
  4. Kapiva

    Provider of ayurvedic healthcare and nutritional products to improve health

    Nutraceuticals tech
    See in list
  5. Alchem International

    Developer of phytochemicals for pharmaceuticals, cosmetics, and the nutraceutical industry

    Nutraceuticals tech
    See in list

Medical device & hospital equipment companies

Orthopedic, surgical and hospital equipment makers.

  1. SMT

    Developer of minimally invasive cardiovascular devices for surgeries

    Cardiac and vascular disorders
    See in list
  2. Tynor

    Online platform for the purchase of orthopedic products

    Orthopedics
    See in list
  3. Dynamic Techno Medicals

    Portfolio of orthopedic medical devices and disposables

    Orthopedics
    See in list
  4. Zimmer India

    Portfolio of orthopedic and dental products

    Orthopedics
    See in list
  5. Biorad Medisys

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

    Orthopedics
    See in list

Drug, vaccine & therapeutics developers

Oncology, infectious disease and other therapeutics developers.

  1. Serum Institute of India

    Manufacturer of vaccines and immuno-biological drugs for infectious diseases

    Infectious diseases
    See in list
  2. Biological E

    Developer of vaccines for treating multiple diseases

    Infectious diseases
    See in list
  3. Bharat Biotech

    Manufacturer of vaccines and bio-therapeutic products

    Immunotherapy
    See in list
  4. Indian Immunologicals

    Manufacturer of animal and human vaccines

    Immunotherapy
    See in list
  5. Beta Drugs

    Developer of therapeutics for oncology and dermatology

    Oncology
    See in list

Healthcare IT & lab software companies

Hospital software, lab information systems and health data tools.

  1. Forus Health

    Manufacturer of portable digital eye imaging devices and cloud-based healthcare platforms

    Ophthalmology
    Website
  2. DrOdin

    Manufacturer of health monitoring devices

    Cardiac and vascular disorders
    Website
  3. CrelioHealth

    Provider of SaaS-based laboratory information system for clinicians

    Clinical labs it
    Website
  4. AIRA Matrix

    Developer of artificial intelligence solutions for image analysis and predictive analytics

    Clinical labs it
    Website
  5. KareXpert

    Provider of cloud-based suite software for healthcare providers

    Clinical labs it
    Website

Life sciences startups in India

Newer life sciences companies founded in recent years.

  1. Universal Nutriscience

    Provider of nutraceutical and lifestyle products focused on improving human lives

    Nutraceuticals tech
    See in list
  2. Pulse Pharma

    Provider of science-backed nutritional supplements and wellness products

    Nutraceuticals tech
    Website
  3. The Good Bug

    Provider of personalised synbiotic supplements and fermented products for gut health

    Nutraceuticals tech
    Website
  4. Oxymed

    Provider respiratory equipment and medical supplies

    Pulmonology
    Website
  5. Oscar

    Manufacturer of diagnostic tests for infectious diseases

    Infectious diseases
    Website
450 companies in India

Life sciences companies hiring in India

Life sciences companies with open roles.

  1. Herbalife

    Provider of dietary supplements to improve health and fitness

    Nutraceuticals tech
    See in list
  2. Biological E

    Developer of vaccines for treating multiple diseases

    Infectious diseases
    See in list
  3. Medtronic

    Developer of continuous glucose monitoring device for diabetic patients

    Disease self management
    See in list
  4. Thermo Fisher Scientific

    Provider of research instruments and supplies

    Life sciences platforms and tools
    See in list
  5. Dr.Morepen

    Remote healthcare monitoring devices

    Nutraceuticals tech
    See in list
54 companies in India

Listed life sciences companies in India

Publicly listed life sciences companies.

  1. Biological E

    Developer of vaccines for treating multiple diseases

    Infectious diseases
    See in list
  2. Beta Drugs

    Developer of therapeutics for oncology and dermatology

    Oncology
    See in list
  3. Archit Organosys

    Manufacturer and suppliers of monochloro acetic acids for laboratory use

    Life sciences platforms and tools
    Website
  4. Lactose India

    Manufacturer of pharmaceutical excipients and dosage forms

    Nutraceuticals tech
    Website
  5. Invisalign

    Developer of transparent dental braces

    Dental disorders
    Website
14 companies in India
Mobile reach

Top 10 life sciences apps from India

The most-installed Android apps published by life sciences companies headquartered in India — 13.2M installs between them. 120 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Man Matters: Hair, Beard, Skin

by Man Matters

Installs5.9M
Rating4.5974K ratings
Installs, year on year+31%
Last updatedMay 2026
View on Google Play ↗
Man Matters: Hair, Beard, Skin screenshot 1Man Matters: Hair, Beard, Skin screenshot 2Man Matters: Hair, Beard, Skin screenshot 3Man Matters: Hair, Beard, Skin screenshot 4Man Matters: Hair, Beard, Skin screenshot 5Man Matters: Hair, Beard, Skin screenshot 6
2

Be Bodywise Women's Health App

by Be Bodywise

Installs2.1M
Rating4.9315K ratings
Installs, year on year+47%
Last updatedMay 2026
View on Google Play ↗
Be Bodywise Women's Health App screenshot 1Be Bodywise Women's Health App screenshot 2
3

Little Joys: Kids' Health App

by Little Joys

Installs1.7M
Rating—
Installs, year on year+67%
Last updatedMay 2026
View on Google Play ↗
Little Joys: Kids' Health App screenshot 1Little Joys: Kids' Health App screenshot 2Little Joys: Kids' Health App screenshot 3Little Joys: Kids' Health App screenshot 4Little Joys: Kids' Health App screenshot 5Little Joys: Kids' Health App screenshot 6
4

Kapiva

by Kapiva

Installs1.3M
Rating—
Last updatedApr 2026
View on Google Play ↗
Kapiva screenshot 1Kapiva screenshot 2Kapiva screenshot 3Kapiva screenshot 4Kapiva screenshot 5
6

AyusCare

by Ayuslab

Installs613K
Rating—
Installs, year on year+23%
Last updatedDec 2025
View on Google Play ↗
AyusCare screenshot 1AyusCare screenshot 2AyusCare screenshot 3AyusCare screenshot 4AyusCare screenshot 5AyusCare screenshot 6
7

Dr Morepen Sync Sugar & BP App

by Dr.Morepen

Installs245K
Rating—
Last updatedMar 2026
View on Google Play ↗
Dr Morepen Sync Sugar & BP App screenshot 1Dr Morepen Sync Sugar & BP App screenshot 2Dr Morepen Sync Sugar & BP App screenshot 3Dr Morepen Sync Sugar & BP App screenshot 4Dr Morepen Sync Sugar & BP App screenshot 5Dr Morepen Sync Sugar & BP App screenshot 6
10

Sanket Life-ECG,Stress,Fitness

by Agatsa

Installs66K
Rating2.71602 ratings
Last updatedApr 2026
View on Google Play ↗
Sanket Life-ECG,Stress,Fitness screenshot 1Sanket Life-ECG,Stress,Fitness screenshot 2Sanket Life-ECG,Stress,Fitness screenshot 3Sanket Life-ECG,Stress,Fitness screenshot 4Sanket Life-ECG,Stress,Fitness screenshot 5Sanket Life-ECG,Stress,Fitness screenshot 6
The business behind the activity

Life sciences financials in India

Revenue, profit and growth from the filed annual accounts of 972 life sciences companies in India for FY24-25 — 1,203 of the 2,324 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 49% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹71,574.29 cr

972 companies filing accounts

combined net profit₹9,444.75 cr

13.2% aggregate margin

are profitable55%

531 of 972 companies

median revenue~₹2.4 cr

the typical company

median revenue growth+16%

into FY24-25

earned by the top five49%

revenue concentration

Six-year view

Combined revenue of filing companies

₹33,702.81 crFY19-20740 filers
₹41,044.15 crFY20-21816 filers
₹76,912.65 crFY21-22881 filers
₹59,343.99 crFY22-23940 filers
₹65,767.56 crFY23-24978 filers
₹71,574.29 crFY24-25972 filers

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

Like-for-like

The same 811 companies over three years

+21%
FY22-23₹56,826.17 cr₹7,922.92 cr net
FY23-24₹61,084.75 cr₹7,805.40 cr net
FY24-25₹68,742.86 cr₹9,438.39 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 cr38726% profitable
₹1–10 cr28063% profitable
₹10–100 cr22682% profitable
₹100–1,000 cr6585% profitable
Over ₹1,000 cr1486% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking286
0–20%188
20–50%152
50–100%86
Doubled+180

892 companies with accounts for both years; median growth +16%.

Profitability

Profit is concentrated at the top

531profitable
441loss-making
13.2%aggregate margin
0.7%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
Healthcare ScientificPRO HEALTHCARE SCIENTIFIC PRIVATE LIMITED+986%
ImmunoACTIMMUNOADOPTIVE CELL THERAPY PRIVATE LIMITED+510%₹67.57 cr
SamplifyGOSAMPLIFY PRIVATE LIMITED+341%
Whistle CompanySTAR SMILE TECHNOLOGIES PRIVATE LIMITED
NavigeneNAVIGENE GENETIC SCIENCE PRIVATE LIMITED+229%₹31.62 cr
InnvolutionINNVOLUTION HEALTHCARE PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
MiimansaMIIMANSA AI SYSTEMS PRIVATE LIMITED63.2%
Bills BiotechBILLS BIOTECH PRIVATE LIMITED.₹38.67 cr
iDDMEDLIX HEALTH SOLUTIONS PRIVATE LIMITED₹20.93 cr
Bio-MedBIO-MED PRIVATE LIMITED59.8%₹94.67 cr
LifeCellLIFECELL INTERNATIONAL PRIVATE LIMITED44.9%₹868.55 cr
Serum Institute of IndiaSERUM INSTITUTE OF INDIA PRIVATE LIMITED42.7%₹10,854.00 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Nutraceuticals tech192₹18,270.52 cr~₹1.9 cr49%8.2%
Infectious diseases36₹16,726.42 cr~₹4.4 cr44%32.1%
Imaging diagnostics14₹8,351.66 cr~₹12.7 cr79%9.0%
Life sciences tech58₹3,286.26 cr~₹2.1 cr67%-6.3%
Immunotherapy9₹3,224.54 cr~₹14.1 cr33%26.8%
Cardiac and vascular disorders23₹3,078.42 cr~₹16.0 cr52%14.0%
Orthopedics66₹2,333.24 cr~₹7.0 cr71%8.6%
Life sciences platforms and tools140₹2,111.59 cr~₹2.4 cr64%3.8%
Leaders

Largest life sciences companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Serum Institute of IndiaSERUM INSTITUTE OF INDIA PRIVATE LIMITED₹10,854.00 cr₹4,630.00 cr42.7%-2%
HerbalifeHERBALIFE INTERNATIONAL INDIA PRIVATE LIMITED₹8,302.30 cr₹1,045.80 cr12.6%+5%
GE HealthCareWIPRO GE HEALTHCARE PRIVATE LIMITED₹8,096.14 cr₹741.65 cr9.2%+7%
Biological EBIOLOGICAL E. LIMITED₹4,820.39 cr₹599.95 cr12.4%+89%
MedtronicINDIA MEDTRONIC PRIVATE LIMITED₹2,669.84 cr₹136.79 cr5.1%+15%
LeefordLEEFORD HEALTHCARE LIMITED₹1,730.47 cr₹240.01 cr13.9%+5%
MyvalMERIL LIFE SCIENCES PRIVATE LIMITED₹425.45 cr24.6%+44%
Bharat BiotechBHARAT BIOTECH INTERNATIONAL LIMITED₹1,629.95 cr₹450.56 cr27.6%+4%
GoapptivGOAPPTIV PRIVATE LIMITED₹1,580.63 cr−₹3.93 cr-0.2%+39%
Dr.MorepenMOREPEN LABORATORIES LIMITED₹1,570.25 cr₹101.58 cr6.5%+1%
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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 India 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 India
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 India 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.

Life sciences funding in India

333 life sciences companies in India have recorded equity funding, US$2.11bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind life sciences companies in India. 1,567 of 2,324 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India life sciences companies by sub-sector

The most common specialisations among life sciences companies in India. 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