Company lists
The Karnataka edition · 2026

Life sciencescompanies in Karnataka

Genomics, medical devices, nutraceuticals, drug discovery, healthcare software and more: the companies building life sciences in Karnataka, with their founders, funding, team size and business models.

448 company profiles247 with reported revenue109 with recorded fundingSeptember 2026 edition
Karnataka · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent life sciences business events in Karnataka

Funding, M&A, contract wins and launches involving 554 life sciences companies in Karnataka, last 24 months: 20 funding rounds · 11 M&A deals · 2 Contracts · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Mar 2026.

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…

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
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
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
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
FundingSeries B

Pandorum technologies

Pandorum Technologies, a Bengaluru-based biotechnology startup focused on tissue engineering, is raising Rs 85 crore (around $10 million) in its Series B round led by Protons Corporate,…

Investors Protons Corporate
Biotechnology
M&AAcquisition · Announced

Lords Mark India acquires Renalyx health systems

Mumbai-based Lords Mark India has acquired 85 per cent holding in Bengaluru based Renalyx Health Systems.

Medical Diagnostics
FundingSeries A

Morphle labs

Morphle Labs, a Bengaluru, India-based healthtech startup specializing in robotics and AI for pathology, has raised $5 million in Series A funding led by Inflexor Ventures.

HealthTech | Robotics & AI Diagnostics
M&AAcquisition · Announced

Lord’s Mark Industries Ltd. acquires Renalyx health systems

Lord’s Mark Industries Ltd., a diversified healthcare and technology-led group, announced the acquisition of an 85% stake in Renalyx Health Systems Private Limited, the Bengaluru-based…

Med-tech
M&AAcquisition · Announced

Lord'S Mark Industries acquires Renalyx health systems

Lord’s Mark Industries Ltd., a diversified healthcare and technology‑led group, announced the acquisition of an 85% stake in Renalyx Health Systems Private Limited, the Bengaluru‑based…

Med-tech
FundingPre-Series A

HRS Navigation

HRS Navigation, a fast-growing Indian medtech company, has raised $5 million in a Pre-Series A funding round backed by GVFL, Physis Capital, Sathguru Catalysers, India EXIM Bank and KITVEN.

Investors GVFL, Physis Capital, Sathguru Catalysers, India exim bank
MedTech
M&AAcquisition · Announced

Inviga Healthcare Fund (IHF) acquires Forus health

Inviga Healthcare Fund (IHF), the private equity platform founded by Dr. B.S. Ajaikumar of HCG, has acquired a 21% stake in Forus Health Private Limited, an Indian ophthalmic diagnostics…

Ophthalmic Diagnostics
Funding

Kapiva

Kapiva: Ayurvedic healthcare brand Kapiva raised $60 million in funding led by 360 ONE Asset and Vertex Growth.

Investors 360 ONE Asset, Vertex Growth, Vertex Ventures Southeast Asia, 3one4 capital
Ayurvedic healthcare
FundingSeries E

Medgenome

Shardul Amarchand Mangaldas advised Novo Holdings A/S in connection with its investment in Medgenome Inc., as a part of the company’s USD 47.5 million Series E funding round, co-led by…

Investors Novo holdings, Maj invest, Sofina, Maj Invest Minorities II K/S
Genomics and integrated diagnostics
FundingSeed

Supply6

Direct-to-consumer nutrition startup Supply6 has raised USD 1.1 million (approximately Rs 9.1 crore) in seed funding, with Zeropearl VC leading the round.

Investors Zeropearl VC, Kunal Shah, Ashutosh Valani, Priyank Shah
Nutrition
FundingSeed

Cureous labs

Cureous Labs, an innovative medical technology startup focussed on improving patient care and nursing efficiency, has raised Rs 1.66 crore in a seed funding round led by Inflection Point…

Medical technology
M&AAcquisition · Announced

Clinisys acquires Orchard software

Clinisys announces the acquisition of Orchard Software from Francisco Partners, a global investment firm that specializes in partnering with technology businesses.

FundingPre-Series A

Lamark Biotech

Lamark Biotech, an innovation-led biopharma startup, raised ₹6.5 crore in a Pre-Series A round led by IAN Group, including IAN Alpha Fund, powered by BioAngels, Dr. Vinayender Tulla, Dr.…

Investors IAN Group, IAN Alpha Fund, Bioangels, Dr. Vinayender Tulla
Biopharma
LaunchRENALYX – RxT 21

Renalyx health systems

Renalyx Health Systems Pvt. Ltd., a pioneering technology innovation company in renal care, has launched RENALYX – RxT 21, World's first fully indigenous, AI and cloud-enabled smart…

Smart hemodialysis machine
FundingConvertible subordinated notes

Protein Design

Protein Design Labs Inc. plans to raise $100 million in a private offering of convertible subordinated notes that will help the company fund clinical trials and expand manufacturing…

Biotechnology
FundingConvertible note

Access pharmaceuticals

Access Pharmaceuticals Inc. raised $13.5 million in a convertible note offering with three investors, and said the money puts the company in a good position for partnerships.

Investors Oracle, Philip Kaltenbacher, Unnamed Silent Partner
Pharmaceuticals
M&AAcquisition · Announced

Protein Design acquires Esp pharma

Protein Design Labs Inc. agreed to buy the hospital-focused pharmaceutical firm ESP Pharma Inc. for $300 million in cash and about $175 million in stock, thereby gaining marketed…

Pharmaceutical
M&AAcquisition · Announced

Opto Circuits acquires Criticare systems

Opto Circuits (Bangalore, India) reported that it has entered into a definitive agreement to acquire Criticare Systems (Waukesha, Wisconsin) for $5.50 per share, for an aggregate price…

Patient Monitoring Systems Manufacturer
M&AAcquisition · Pending

Access pharmaceuticals acquires Somanta pharmaceuticals

Access Pharmaceuticals Inc. followed the hiring of a new CEO with a plan to expand its oncology pipeline through the acquisition of Somanta Pharmaceuticals Inc. for about $12.2 million…

Biotechnology
FundingPost Pre Series A Commitment

Fibroheal

Fibroheal also commits another 10 crore from existing and some new investors.

Investors Existing and some new investors
Medical Devices
Funding

Nexstem

Nexstem, a Bengaluru-based deep-tech startup, has raised USD 3.5 million in its latest funding round to accelerate the development of its non-invasive brain-computer interface (BCI)…

Neurotech
M&AAcquisition · Announced

Kewaunee scientific corporation acquires Nu Aire

the acquisition of Nu Aire will provide Kewaunee with a more robust, diversified distribution network to meet global laboratory needs

Manufacturer of laboratory and pharmacy equipment
Funding

Biodimension Technology

The funding will be utilized to enhance Biodimension’s cleanroom facilities, ramp up product development, and expand marketing efforts to increase adoption of its tissue models.

Biotechnology
FundingExtended Series A

Immuneel therapeutics

In June, Kiran Mazumdar-Shaw-cofounded biotech startup Immuneel Therapeutics secured close to INR 100 Cr in its extended Series A funding round from Taiba Middle East FZ.

Investors Taiba Middle East FZ
Biotech

Life sciences companies in Karnataka, by revenue

Browse life sciences companies in Karnataka 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 247 life sciences companies in Karnataka 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

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

Provider of ayurvedic healthcare and nutritional products to improve health

Nutraceuticals tech
₹349.24 crFY 2024-25
+49%2024–2025
526+40% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
7postings · last posted Aug 2026

Provider of cardiovascular and respiratory disease management through technologies and solutions

Cardiac and vascular disorders
₹323.31 crFY 2024-25
+13%2024–2025
486LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer of scientifically-backed nutraceutical ingredients

Nutraceuticals tech
₹243.99 crFY 2024-25
+12%2024–2025
81LinkedIn · Jul 2026
26 yr2000
0none in 3 months · last posted Jun 2026

Clinical-stage biotech company specializing in the discovery and development of novel therapeutics for cancer treatment

Oncology
₹171.93 crFY 2024-25
-57%2024–2025
495+2% 12 mo to Aug 2024recorded Aug 2024
25 yr2001
0none in 3 months

Portfolio of Dental equipment

Dental disorders
₹114.71 crFY 2021-22
Not reported
128LinkedIn · Jul 2026
24 yr2002
—No postings tracked

Provider of electronic medical devices primarily for Ophthalmology

Ophthalmology
₹106.44 crFY 2022-23
Not reported
122+7% 12 mo to Sep 2024recorded Sep 2024
40 yr1986
—No postings tracked

Manufacturer of primary packaging, drug delivery systems, medical devices, and components

Drug delivery
₹102.93 crFY 2024-25
+30%2024–2025
46+0% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of blood screening technology for the early detection of diseases

Infectious diseases
₹102.89 crFY 2024-25
+3%2024–2025
125-1% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of natural ingredients for phrmaceuticals and nutraceuticals

Nutraceuticals tech
₹85.50 crFY 2021-22
Not reported
25LinkedIn · Jul 2026
9 yr2017
—No postings tracked

Manufacturer of renal care products

Nephrology
₹82.91 crFY 2021-22
Not reported
113-18% 12 mo to Feb 2024LinkedIn · Jul 2026
30 yr1996
—No postings tracked

Developer of devices for radiotherapy

Women health
₹86.35 crFY 2022-23
Not reported
7+4% 12 mo to Jul 2024LinkedIn · Jul 2026
27 yr1999
—No postings tracked

Manufacturer of wound closure products and sterile sutures

Surgical instruments
₹89.56 crFY 2024-25
+9%2024–2025
381+0% 12 mo to Sep 2024recorded Sep 2024
32 yr1994
0none in 3 months

Provider respiratory equipment and medical supplies

Pulmonology
₹85.61 crFY 2024-25
+413%2024–2025
—Not available
3 yr2023
0none in 3 months

R&D company focusing on Stem Cell research and therapies primarily in neurological disorders

Neurology
₹78.40 crFY 2024-25
+2%2024–2025
3LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Manufacturer of MRI scanners, CT scanners, gamma cameras, and contrast injectors

Imaging diagnostics
₹77.57 crFY 2024-25
+29%2024–2025
73LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted May 2026

Manufacturers of gastroenterology, nephrology, urology products

Imaging diagnostics
₹55.62 crFY 2024-25
+24%2024–2025
118+19% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
1postings · last posted Sep 2026

Developer of AI-powered portable digital solutions for ophthalmic screening and diagnosis

Ophthalmology
₹55.31 crFY 2024-25
+14%2024–2025
228+14% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
3postings · last posted Sep 2026

Developer of eye drops to treat infections and inflammations

Ophthalmology
₹52.92 crFY 2024-25
+28%2024–2025
81+14% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

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

Ophthalmology
₹52.85 crFY 2024-25
+13%2024–2025
246-42% vs previous recordLinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of genomics and bioinformatics services

Genomics
₹39.04 crFY 2024-25
-25%2024–2025
116-40% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months · last posted Jun 2026

Manufacturer of botanical extracts, herbal extracts, spice powders, and essential oils

Nutraceuticals tech
₹36.21 crFY 2024-25
+39%2024–2025
13LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Jun 2026

Developer of agri-genomics based research and development

Genomics
₹35.44 crFY 2023-24
+130%2023–2024
18+18% vs previous recordLinkedIn · Jul 2026
13 yr2013
0none in 3 months

Developer of medical devices for critical care, obstetrics, and neonatology

Hospital equipment
₹33.05 crFY 2024-25
+76%2024–2025
84+10% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Mar 2026
50 of 448 companies shown here · the full list is on Radar
Fliar Radar

Explore all 448 life sciences companies in Karnataka on Radar

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Open life sciences in Karnataka on Radar
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Explore life sciences companies in Karnataka by what you are looking for

Browse life sciences companies in Karnataka, from genomics labs to medical device makers and nutraceutical brands. You can also see life sciences startups in Karnataka and companies that are hiring.

8 ways to explore life sciences in Karnataka

Genomics & bioinformatics companiesMedical device & diagnostics companiesNutraceutical & dietary supplement companiesDrug discovery & therapeutics companiesLife sciences & healthcare software companiesLife sciences research services & reagents

Genomics & bioinformatics companies

DNA sequencing, clinical genomics and bioinformatics providers.

  1. MedGenome

    Provider of DNA sequencing, bioinformatics, and multiomics services

    Clinical laboratory chains
    See in list
  2. Genotypic

    Provider of genomics and bioinformatics services

    Genomics
    See in list
  3. QTLomics

    Developer of agri-genomics based research and development

    Genomics
    See in list
  4. 4baseCare

    Provider of precision oncology solutions, including genomic testing and digital health

    Oncology
    See in list
  5. Kaypeeyes Biotech

    Manufacturer of enzymes, probiotics and microbial cultures

    Life sciences platforms and tools
    See in list

Medical device & diagnostics companies

Makers of medical devices, diagnostic tests, imaging and surgical instruments.

  1. GE HealthCare

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

    Imaging diagnostics
    See in list
  2. confident Dental

    Portfolio of Dental equipment

    Dental disorders
    See in list
  3. BrownDove

    Manufacturer of renal care products

    Nephrology
    See in list
  4. Panacea

    Developer of devices for radiotherapy

    Women health
    See in list
  5. Oxymed

    Provider respiratory equipment and medical supplies

    Pulmonology
    See in list

Nutraceutical & dietary supplement companies

Makers of supplements, probiotics and plant-based nutraceutical ingredients.

  1. Kapiva

    Provider of ayurvedic healthcare and nutritional products to improve health

    Nutraceuticals tech
    See in list
  2. Bio-gen

    Manufacturer of scientifically-backed nutraceutical ingredients

    Nutraceuticals tech
    See in list
  3. PlantWorks Group

    Provider of natural ingredients for phrmaceuticals and nutraceuticals

    Nutraceuticals tech
    See in list
  4. Nesso

    Botanical extracts manufacturer

    Nutraceuticals tech
    Website
  5. Mystical Biotech

    Developer of a range of probiotics and nutraceutical products

    Nutraceuticals tech
    See in list

Drug discovery & therapeutics companies

Biotech firms developing drugs, therapies and treatments for infectious disease and cancer.

  1. Aurigene

    Clinical-stage biotech company specializing in the discovery and development of novel therapeutics for cancer treatment

    Oncology
    See in list
  2. Doctor Pack India

    Manufacturer of primary packaging, drug delivery systems, medical devices, and components

    Drug delivery
    See in list
  3. Hemogenomics

    Provider of blood screening technology for the early detection of diseases

    Infectious diseases
    See in list
  4. Panacea

    Developer of devices for radiotherapy

    Women health
    See in list
  5. ANSA

    R&D company focusing on Stem Cell research and therapies primarily in neurological disorders

    Neurology
    See in list

Life sciences & healthcare software companies

Software for labs, clinical trials, pharma and healthcare data.

  1. Aissel

    Provider of platform for healthcare professional management and medical insights

    Data as a service
    See in list
  2. DataFoundry

    Developer of AI-powered platform for life science and healthcare data management

    Healthcare it
    Website
  3. VSM Software

    Cloud-hosted CRM solution for the pharma and medical devices industry

    Life sciences tech
    Website
  4. TeleradTech

    Cloud-based Radiology Workflow Solution

    Life sciences tech
    Website
  5. Laurus Infosystems

    Provider of software solutions for pharma and life sciences industry

    Healthcare it
    Website

Life sciences research services & reagents

Research services, CROs, reagents and lab instruments.

  1. Genotypic

    Provider of genomics and bioinformatics services

    Genomics
    See in list
  2. QTLomics

    Developer of agri-genomics based research and development

    Genomics
    See in list
  3. Morphle

    Provider of robotic microtomes and digital pathology scanners. These devices automate tissue processing and slide scanning for anatomical pathology, dermatopathology, and hematology. The scanners offer high-resolution imaging and integrated workflows, facilitating efficient digital microscopy and telepathology applications. Various models cater to different throughput needs, from single-slide to high-volume batch processing. The company also offers AI-powered requisition data entry solutions.

    Life sciences platforms and tools
    See in list
  4. Kaypeeyes Biotech

    Manufacturer of enzymes, probiotics and microbial cultures

    Life sciences platforms and tools
    See in list
  5. Clevergene

    Provides genomic-based bioinformatics solutions for research and translational sciences

    Genomics
    See in list

Life sciences startups in Karnataka

Newer life sciences companies founded in recent years.

  1. Oxymed

    Provider respiratory equipment and medical supplies

    Pulmonology
    See in list
  2. Kwest Food

    Manufacturer of nutritional supplements using natural ingredients with in-house processing

    Nutraceuticals tech
    See in list
  3. Decode Age

    Online retailer of longevity supplements and provider of microbiome tests

    Nutraceuticals tech
    See in list
  4. Varalife

    Online retailer of protein supplements and cellular health support products

    Nutraceuticals tech
    Website
  5. Algorithmic Biologics

    Provider of software solutions for molecular diagnostics and discovery

    Life sciences tech
    Website
94 companies in Karnataka

Life sciences companies hiring in Karnataka

Life sciences companies with open jobs right now.

  1. MedGenome

    Provider of DNA sequencing, bioinformatics, and multiomics services

    Clinical laboratory chains
    See in list
  2. Kapiva

    Provider of ayurvedic healthcare and nutritional products to improve health

    Nutraceuticals tech
    See in list
  3. Bio-gen

    Manufacturer of scientifically-backed nutraceutical ingredients

    Nutraceuticals tech
    See in list
  4. Sequoia Healthcare

    Manufacturer of MRI scanners, CT scanners, gamma cameras, and contrast injectors

    Imaging diagnostics
    See in list
  5. Blue Neem Medical Devices

    Manufacturers of gastroenterology, nephrology, urology products

    Imaging diagnostics
    See in list
33 companies in Karnataka
Mobile reach

Top 10 life sciences apps from Karnataka

The most-installed Android apps published by life sciences companies headquartered in Karnataka — 2.0M installs between them. 27 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Kapiva

by Kapiva

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

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
3

Lami.Fit Health App | LamiDNA

by Lami

Installs54K
Rating—
Last updatedFeb 2026
View on Google Play ↗
Lami.Fit Health App | LamiDNA screenshot 1Lami.Fit Health App | LamiDNA screenshot 2Lami.Fit Health App | LamiDNA screenshot 3
5

Janitri: for Hospitals

by Janitri

Installs10K
Rating—
Last updatedApr 2026
View on Google Play ↗
Janitri: for Hospitals screenshot 1Janitri: for Hospitals screenshot 2Janitri: for Hospitals screenshot 3Janitri: for Hospitals screenshot 4Janitri: for Hospitals screenshot 5Janitri: for Hospitals screenshot 6
7

OncoBuddy: The Cancer Care App

by 4baseCare

Installs7K
Rating—
Last updatedAug 2025
View on Google Play ↗
OncoBuddy: The Cancer Care App screenshot 1OncoBuddy: The Cancer Care App screenshot 2OncoBuddy: The Cancer Care App screenshot 3OncoBuddy: The Cancer Care App screenshot 4OncoBuddy: The Cancer Care App screenshot 5OncoBuddy: The Cancer Care App screenshot 6
9

Ammras

by Ammras

Installs6K
Rating—
Last updatedJun 2025
View on Google Play ↗
Ammras screenshot 1Ammras screenshot 2Ammras screenshot 3Ammras screenshot 4
10

NEURO TOUCH

by Yostra

Installs5K
Rating—
Last updatedMar 2025
View on Google Play ↗
NEURO TOUCH screenshot 1NEURO TOUCH screenshot 2NEURO TOUCH screenshot 3NEURO TOUCH screenshot 4NEURO TOUCH screenshot 5NEURO TOUCH screenshot 6
The business behind the activity

Life sciences financials in Karnataka

Revenue, profit and growth from the filed annual accounts of 215 life sciences companies in Karnataka for FY24-25 — 265 of the 448 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 81% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹11,552.45 cr

215 companies filing accounts

combined net profit₹561.02 cr

4.9% aggregate margin

are profitable44%

95 of 215 companies

median revenue~₹1.5 cr

the typical company

median revenue growth+16%

into FY24-25

earned by the top five81%

revenue concentration

Six-year view

Combined revenue of filing companies

₹7,122.03 crFY19-20166 filers
₹7,022.50 crFY20-21180 filers
₹8,667.45 crFY21-22190 filers
₹9,765.84 crFY22-23201 filers
₹10,692.99 crFY23-24210 filers
₹11,552.45 crFY24-25215 filers

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

Like-for-like

The same 177 companies over three years

+18%
FY22-23₹9,658.63 cr₹305.71 cr net
FY23-24₹10,471.80 cr₹464.87 cr net
FY24-25₹11,411.14 cr₹594.94 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 cr9523% profitable
₹1–10 cr7353% profitable
₹10–100 cr3773% profitable
₹100–1,000 cr967% 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

Shrinking64
0–20%37
20–50%31
50–100%19
Doubled+44

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

Profitability

Profit is concentrated at the top

95profitable
120loss-making
4.9%aggregate margin
-4.4%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
InnvolutionINNVOLUTION HEALTHCARE PRIVATE LIMITED+219%₹323.31 cr
Supply6KANARI NUTRITION PRIVATE LIMITED
StempeuticsSTEMPEUTICS RESEARCH PRIVATE LIMITED
InnAccelINNACCEL TECHNOLOGIES PRIVATE LIMITED+76%₹33.05 cr
Kwest FoodKWEST FOODS PRIVATE LIMITED
Qubix MedicareQUBIX MEDICARE PRIVATE LIMITED+55%₹17.98 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
OncoStemOncostem Diagnostics Private Limited
ANSAANS PRIVATE LIMITED33.6%₹73.22 cr
Doctor Pack IndiaDOCTOR PACK INDIA PRIVATE LIMITED18.3%₹102.93 cr
MedGenomeMEDGENOME LABS LIMITED17.4%₹331.98 cr
Kaypeeyes BiotechKAYPEEYES BIOTECH PRIVATE LIMITED
Kwest FoodKWEST FOODS PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Imaging diagnostics9₹8,260.03 cr~₹5.2 cr78%9.1%
Nutraceuticals tech31₹765.09 cr~₹2.0 cr39%-9.9%
Cardiac and vascular disorders5₹356.37 cr~₹16.0 cr40%-2.6%
Ophthalmology6₹311.68 cr~₹51.8 cr33%-3.9%
Oncology6₹195.73 cr~₹6.6 cr50%-60.5%
Surgical instruments5₹175.94 cr~₹29.0 cr80%7.7%
Infectious diseases10₹154.38 cr~₹2.4 cr40%-4.6%
Women health5₹102.34 cr~₹86 lakh20%3.9%
Leaders

Largest life sciences companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
GE HealthCareWIPRO GE HEALTHCARE PRIVATE LIMITED₹8,096.14 cr₹741.65 cr9.2%+7%
KapivaADRET RETAIL PRIVATE LIMITED₹347.51 cr−₹61.73 cr-17.8%+49%
MedGenomeMEDGENOME LABS LIMITED₹331.98 cr₹57.72 cr17.4%+27%
InnvolutionINNVOLUTION HEALTHCARE PRIVATE LIMITED₹323.31 cr−₹8.20 cr-2.5%+219%
Bio-genBIO-GEN EXTRACTS PRIVATE LIMITED₹243.99 cr6.6%+12%
AurigeneAURIGENE ONCOLOGY LIMITED₹171.93 cr−₹81.49 cr-47.4%-57%
confident DentalCONFIDENT DENTAL EQUIPMENTS PRIVATE LIMITED₹159.26 cr₹8.65 cr5.4%-20%
BioMedixBIOMEDIX OPTOTECHNIK AND DEVICES PRIVATE LIMITED₹151.58 cr₹17.49 cr11.5%+45%
Doctor Pack IndiaDOCTOR PACK INDIA PRIVATE LIMITED₹102.93 cr₹18.83 cr18.3%+30%
HemogenomicsHEMOGENOMICS PRIVATE LIMITED₹102.89 cr₹7.08 cr6.9%+3%
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 Karnataka 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 Karnataka
For investors and data teams

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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 Karnataka 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, Karnataka11

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 Karnataka

11Acquisition

Most active acquirers

  1. Protein Design2
  2. Eris lifesciences1
  3. Lords Mark India1
  4. Lord’s Mark Industries Ltd.1
  5. Lord'S Mark Industries1

Most acquired or merged

  1. Renalyx health systems3
  2. Velbiom probiotics1
  3. Forus health1
  4. Orchard software1
  5. Esp pharma1

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 Karnataka

109 life sciences companies in Karnataka have recorded equity funding, US$953.81m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Karnataka

Meet the people behind life sciences companies in Karnataka. 333 of 448 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Karnataka life sciences companies by sub-sector

The most common specialisations among life sciences companies in Karnataka. 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