Company lists
The Mumbai edition · 2026

Life sciencescompanies in Mumbai

Research tools, nutraceuticals, genomics, medical devices, therapeutics and more: the companies building life sciences in Mumbai, Maharashtra, with their founders, funding, team size and business models.

235 company profiles123 with reported revenue40 with recorded fundingSeptember 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent life sciences business events in Mumbai

Funding, M&A, contract wins and launches involving 300 life sciences companies in Mumbai, last 24 months: 30 M&A deals · 9 funding rounds · 3 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

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
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
FundingSeed

Rymo Technologies

IAN Angel Fund invests ₹10 Cr in Rymo Technologies to expand affordable robotic neuro-rehabilitation across India and global markets.

Investors IAN Angel Fund
Healthcare technology – robotic neuro‐rehabilitation
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
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.

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
FundingAcquisition

Oziva

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

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 · 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 · 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 · 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
M&AAcquisition

Tube Investments and Premji Invest acquires Lotus surgicals

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

M&AAcquisition · Announced

Thermo fisher scientific acquires Henogen

Thermo Fisher Scientific Inc. and Groupe Novasep SAS, a services and technologies supplier for the life sciences industry, announced that Thermo Fisher has acquired Henogen S.A.,…

M&AAcquisition · Announced

Cipla Limited acquires Inzpera Healthsciences Limited

Drugmaker Cipla Limited is set to acquire 100 per cent stake in Inzpera Healthsciences Limited, a subsidiary of Tata Industries, for an estimated Rs 110 crore.

ContractSupply

Thermo fisher scientific · client: Vaxcyte

Vaxcyte (PCVX) announced a new agreement with Thermo Fisher Scientific (TMO) to bring additional fill-finish commercial manufacturing for Vaxcyte’s broad-spectrum pneumococcal conjugate…

FundingPre-Series A

Ace Blend

Nutrition brand Ace Blend has secured an undisclosed amount in a pre-Series A round from consumer-focused venture capital firm Fireside Ventures.

Nutrition
M&AAcquisition · Pending

Mukesh Ambani’s Reliance Consumer Products Ltd. (RCPL) acquires Shunya

Mukesh Ambani’s Reliance Consumer Products Ltd. (RCPL) is reportedly in advanced negotiations to acquire a controlling stake in Shunya, a premium zero-sugar health beverage brand owned…

Beverage
M&AAcquisition · Announced

Reliance Consumer Products acquires Shunya

Reliance Consumer Products (RCPL) is in advanced talks to buy a majority stake in Baidyanath Group-owned Naturedge Beverages' premium fruit drink brand Shunya, said executives aware of…

Beverages
FundingSeries B

The good bug

Also, gut health Delhi-based startup The Good Bug pulled in about $12 million in Series B funding to fuel expansion into new categories and markets.

Gut health
FundingDebt

Wellbeing nutrition

Wellbeing Nutrition, a D2C health & wellness startup, is raising Rs 25 crore (approximately $3 million) in debt funding led by pharma company ACG-Capsules with the participation of…

Investors ACG-Capsules, Maheshwari investors, MGB Advisors, Atmos Finance
Health & Wellness
M&AAcquisition · Completed

Riverlake Partners and MVC Capital acquires Thermo fisher scientific

The Federal Trade Commission has approved Thermo Fisher Scientific's (Waltham, Massachusetts) request to sell one of its divisions to two private equity firms.

Scientific Instruments
M&AAcquisition · Announced

Cochlear acquires Oticon Medical

Cochlear Ltd. will acquire Danish hearing implant company Oticon Medical A/S for AU$170 million (US$121 million) after parent company the Demant Group said it planned to exit its hearing…

Healthcare
M&AAcquisition · Announced

Alkem laboratories acquires Adroit Biomed

The company has signed a binding term sheet to acquire a 100 per cent stake in Adroit Biomed, a company focused on the skincare segment, for approximately INR 140 crore.

Skincare / Dermatology
Funding

Regrow

Regrow, has raised $63.6 million.

Investors Na
FundingSeries A extension

The good bug

Mumbai-based D2C startup The Good Bug has raised $3.5 Mn (about INR 30 Cr) in its Series A extension round from Sharrp Ventures – the Family Office of Marcio Group chairman Harsh Mariwala.

Investors Sharrp Ventures, Fireside ventures, Keshav Biyani
Gut health and wellness

Life sciences companies in Mumbai, by revenue

Browse life sciences companies in Mumbai 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 123 life sciences companies in Mumbai, Maharashtra 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 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

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

Manufacturer of micronutrient premixes, clinical nutrition products, and therapeutic food

Nutraceuticals tech
₹331.29 crFY 2024-25
+9%2024–2025
641-15% 12 mo to Jun 2023LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Manufacturer of effervescent nutritional and pharmaceutical products

Nutraceuticals tech
₹259.40 crFY 2024-25
+35%2024–2025
130-4% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of diversified solutions for personal care, health care, chemical industries

Nutraceuticals tech
₹242.10 crFY 2024-25
+16%2024–2025
93+7% 12 mo to Mar 2024recorded Mar 2024
29 yr1997
0none in 3 months

Provider of nutraceutical and lifestyle products focused on improving human lives

Nutraceuticals tech
₹234.37 crFY 2024-25
+6%2024–2025
287+21% 12 mo to Aug 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Develops antigen,polyclonal antibodies and In-Vitro diagnostic tests for infectious diseases .

Infectious diseases
₹194.68 crFY 2024-25
+19%2024–2025
255LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Provides aesthetics device for dermatologist

Dermatology
₹116.54 crFY 2024-25
-2%2024–2025
163+9% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Developer of a wide range of ophthalmic and ENT products

Ophthalmology
₹100.88 crFY 2021-22
Not reported
367-3% 12 mo to Nov 2023LinkedIn · Jul 2026
75 yr1951
—No postings tracked

Provider of mobility assisting devices and pain management solutions

Orthopedics
₹107.19 crFY 2022-23
Not reported
316+0% 12 mo to Jun 2024recorded Jun 2024
63 yr1963
—No postings tracked

UV air & water purification systems

Hospital equipment
₹112.41 crFY 2024-25
+16%2024–2025
416+2% 12 mo to Sep 2024recorded Sep 2024
22 yr2004
1postings · last posted Jul 2026

Manufacturer of nutritional supplements for general health, immunity, and specific needs

Nutraceuticals tech
₹111.06 crFY 2024-25
+8%2024–2025
158+5% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Developer of oral drug delivery platform

Drug delivery
₹101.46 crFY 2022-23
Not reported
239+4% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Developer & manufacturer of vaccines for viral infections

Infectious diseases
₹96.23 crFY 2022-23
Not reported
274-2% 12 mo to Sep 2024LinkedIn · Jul 2026
80 yr1946
0none in 3 months

Developer of medical device for cardiovascular treatment

Cardiac and vascular disorders
₹100.49 crFY 2024-25
Not reported
66-28% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Provider of personalised synbiotic supplements and fermented products for gut health

Nutraceuticals tech
₹89.67 crFY 2024-25
+104%2024–2025
74+132% 12 mo to Sep 2024LinkedIn · Jul 2026
4 yr2022
0none in 3 months · last posted May 2026

Manufacturers of hormonal contraceptive and intrauterine devices

Women health
₹78.66 crFY 2024-25
+36%2024–2025
142+10% 12 mo to Sep 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Manufactures hydrolyzed protein and other research reagents

Life sciences platforms and tools
₹68.52 crFY 2021-22
Not reported
—Not available
48 yr1978
—No postings tracked

Provider of ayurvedic FemTech platform for women

Nutraceuticals tech
₹68.14 crFY 2024-25
Not reported
342+168% 12 mo to Jul 2024LinkedIn · Jul 2026
7 yr2019
1postings · last posted Sep 2026

Developer of cell and gene therapies for cancer treatment

Oncology
₹67.57 crFY 2024-25
+510%2024–2025
193+96% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jun 2026

Provides a portfolio of analytical instruments

Life sciences platforms and tools
₹63.14 crFY 2024-25
-6%2024–2025
227+18% 12 mo to Sep 2024recorded Sep 2024
39 yr1987
7postings · last posted Sep 2026

Manufacturer of medical devices for endo surgery and interventional cardiology

Surgical instruments
US$6.35mFY 2022-23
Not reported
657LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Nutrivita – Nourish Future

Nutraceuticals tech
₹45.82 crFY 2021-22
Not reported
47-20% 12 mo to Aug 2024LinkedIn · Jul 2026
—
0none in 3 months

Provider of pharmaceutical products for orthopaedics, gynaecology, pain, and inflammation

Diversified pharmaceuticals
₹49.64 crFY 2024-25
+13%2024–2025
222+3% 12 mo to Jul 2024recorded Jul 2024
7 yr2019
0none in 3 months
50 of 235 companies shown here · the full list is on Radar
Fliar Radar

Explore all 235 life sciences companies in Mumbai on Radar

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

Open life sciences in Mumbai on Radar
  • Every company, not just 50All 235 life sciences companies in Mumbai, 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.
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Explore life sciences companies in Mumbai by what you are looking for

Browse the top life sciences companies in Mumbai, from research tools and genomics firms to nutraceutical brands and medical device makers. You can also see life sciences startups in Mumbai and which companies are hiring.

8 ways to explore life sciences in Mumbai

Life sciences research tools, reagents & lab suppliersNutraceutical & health supplement companiesGenomics & genetic testing companiesMedical device & hospital equipment manufacturersDrug, cell therapy & oncology companiesHealthcare IT, lab software & diagnostics companies

Life sciences research tools, reagents & lab suppliers

Suppliers of research instruments, reagents, kits and laboratory products.

  1. Thermo Fisher Scientific

    Provider of research instruments and supplies

    Life sciences platforms and tools
    See in list
  2. Warkem Biotech

    Manufactures hydrolyzed protein and other research reagents

    Life sciences platforms and tools
    See in list
  3. Metal Power Analytical

    Provides a portfolio of analytical instruments

    Life sciences platforms and tools
    See in list
  4. Medispec

    Provider of bio-medical, analytical, and diagnostic laboratory products

    Life sciences platforms and tools
    See in list
  5. BRAND

    Provider of complete building and home improvement services

    Life sciences tech
    See in list

Nutraceutical & health supplement companies

Makers and sellers of supplements, nutrition and wellness products.

  1. Hexagon Nutrition

    Manufacturer of micronutrient premixes, clinical nutrition products, and therapeutic food

    Nutraceuticals tech
    See in list
  2. Fullife

    Manufacturer of effervescent nutritional and pharmaceutical products

    Nutraceuticals tech
    See in list
  3. Yasham

    Provider of diversified solutions for personal care, health care, chemical industries

    Nutraceuticals tech
    See in list
  4. Universal Nutriscience

    Provider of nutraceutical and lifestyle products focused on improving human lives

    Nutraceuticals tech
    See in list
  5. Nutricharge

    Manufacturer of nutritional supplements for general health, immunity, and specific needs

    Nutraceuticals tech
    See in list

Genomics & genetic testing companies

Genomics, clinical genomics and diagnostic testing providers.

  1. Navigene

    Provider of diagnosing genetic medical conditions and recommending preventive care

    Rare diseases
    See in list
  2. Bencos

    Provider of life science research & healthcare services

    Genomics
    Website
  3. HaystackAnalytics

    Provider of genomics technology for personalized clinical decisions

    Genomics
    Website
  4. The Gene Box

    Personalized genetic testing provider for preventive healthcare and fitness

    Genomics
    Website
  5. Clarity Bio Systems

    Developer of metabolomics analysis software and provider of analytical services

    Life sciences tech
    Website

Medical device & hospital equipment manufacturers

Medical devices, orthopedic implants and hospital equipment.

  1. Skinnovation

    Provides aesthetics device for dermatologist

    Dermatology
    See in list
  2. Sunways

    Developer of a wide range of ophthalmic and ENT products

    Ophthalmology
    See in list
  3. Vissco

    Provider of mobility assisting devices and pain management solutions

    Orthopedics
    See in list
  4. Alfaa UV

    UV air & water purification systems

    Hospital equipment
    See in list
  5. Purple MicroPort

    Developer of medical device for cardiovascular treatment

    Cardiac and vascular disorders
    See in list

Drug, cell therapy & oncology companies

Developers of drugs, cell and gene therapies and cancer treatments.

  1. Novo Medi

    Developer & manufacturer of vaccines for viral infections

    Infectious diseases
    See in list
  2. Pregna

    Manufacturers of hormonal contraceptive and intrauterine devices

    Women health
    See in list
  3. ImmunoACT

    Developer of cell and gene therapies for cancer treatment

    Oncology
    See in list
  4. Zuvius Lifesciences

    Research-based pharmaceutical company specializing in chemotherapeutic formulations and nutraceuticals

    Oncology
    See in list
  5. ReeLabs

    Stem cell therapy and banking services

    Life sciences platforms and tools
    See in list

Healthcare IT, lab software & diagnostics companies

Hospital, lab information and healthcare software providers.

  1. Sofscript

    Provider of hospital information management systems

    Life sciences tech
    Website
  2. Gytree

    Provider of plant based nutritional supplements for womens health

    Nutraceuticals tech
    Website
  3. My Lab

    Software for pathology reporting and lab information management

    Life sciences tech
    Website
  4. Image Computer

    Provider of practice management and LIMS software for clinics and labs

    Life sciences tech
    Website
  5. Veera Health

    Online retailer of supplements and programs focused on women's health

    Nutraceuticals tech
    Website

Life sciences startups in Mumbai

Newer life sciences companies in Mumbai.

  1. Universal Nutriscience

    Provider of nutraceutical and lifestyle products focused on improving human lives

    Nutraceuticals tech
    See in list
  2. The Good Bug

    Provider of personalised synbiotic supplements and fermented products for gut health

    Nutraceuticals tech
    See in list
  3. BetterAlt

    Internet first brand of mushroom coffee, millet & beet root powder

    Food & beverage products
    See in list
  4. Muscle Gears

    Provider of a sports nutrition products

    Nutraceuticals tech
    Website
  5. Pehlwaan Nutrition

    Nutrition and wellness company offering health supplements

    Nutraceuticals tech
    Website
45 companies in Mumbai

Life sciences companies hiring in Mumbai

Life sciences companies in Mumbai with open roles now.

  1. Medtronic

    Developer of continuous glucose monitoring device for diabetic patients

    Disease self management
    See in list
  2. Thermo Fisher Scientific

    Provider of research instruments and supplies

    Life sciences platforms and tools
    See in list
  3. Alfaa UV

    UV air & water purification systems

    Hospital equipment
    See in list
  4. The Good Bug

    Provider of personalised synbiotic supplements and fermented products for gut health

    Nutraceuticals tech
    See in list
  5. Gynoveda

    Provider of ayurvedic FemTech platform for women

    Nutraceuticals tech
    See in list
23 companies in Mumbai
Mobile reach

Top 10 life sciences apps from Mumbai

The most-installed Android apps published by life sciences companies headquartered in Mumbai — 9.8M installs between them. 13 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

Baha Smart App

by Cochlear

Installs48K
Rating3.0339 ratings
Last updatedApr 2026
View on Google Play ↗
Baha Smart App screenshot 1Baha Smart App screenshot 2Baha Smart App screenshot 3Baha Smart App screenshot 4
6

Setu Nutrition

by Setu

Installs5K
Rating—
Last updatedMar 2026
View on Google Play ↗
Setu Nutrition screenshot 1Setu Nutrition screenshot 2Setu Nutrition screenshot 3Setu Nutrition screenshot 4
10

Footsol - The Expert in Foot B

by Vissco

Installs299
Rating—
Last updatedApr 2026
View on Google Play ↗
Footsol - The Expert in Foot B screenshot 1Footsol - The Expert in Foot B screenshot 2Footsol - The Expert in Foot B screenshot 3Footsol - The Expert in Foot B screenshot 4Footsol - The Expert in Foot B screenshot 5Footsol - The Expert in Foot B screenshot 6
The business behind the activity

Life sciences financials in Mumbai

Revenue, profit and growth from the filed annual accounts of 115 life sciences companies in Mumbai, Maharashtra for FY24-25 — 139 of the 235 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 68% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹8,750.29 cr

115 companies filing accounts

combined net profit₹171.36 cr

2.0% aggregate margin

are profitable63%

72 of 115 companies

median revenue~₹5.6 cr

the typical company

median revenue growth+16%

into FY24-25

earned by the top five68%

revenue concentration

Six-year view

Combined revenue of filing companies

₹3,655.58 crFY19-2092 filers
₹3,653.32 crFY20-21106 filers
₹5,437.87 crFY21-22111 filers
₹7,016.64 crFY22-23119 filers
₹8,037.70 crFY23-24116 filers
₹8,750.29 crFY24-25115 filers

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

Like-for-like

The same 104 companies over three years

+25%
FY22-23₹6,781.19 cr−₹218.49 cr net
FY23-24₹7,585.18 cr−₹39.38 cr net
FY24-25₹8,497.44 cr₹160.39 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 cr3129% profitable
₹1–10 cr3672% profitable
₹10–100 cr3171% profitable
₹100–1,000 cr1493% profitable
Over ₹1,000 cr367% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking34
0–20%30
20–50%15
50–100%11
Doubled+20

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

Profitability

Profit is concentrated at the top

72profitable
43loss-making
2.0%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
ImmunoACTIMMUNOADOPTIVE CELL THERAPY PRIVATE LIMITED+510%₹67.57 cr
NavigeneNAVIGENE GENETIC SCIENCE PRIVATE LIMITED
The Good BugSEVEN TURNS PRIVATE LIMITED+104%₹89.67 cr
Ace BlendACES INTACT PRIVATE LIMITED+96%
AquateinATHLEX BEVERAGES LIMITED
FoodstrongTARAMIS LABS PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
UnivedUNIVED HEALTHCARE PRODUCTS PRIVATE LIMITED31.6%₹11.71 cr
NavigeneNAVIGENE GENETIC SCIENCE PRIVATE LIMITED
Alfaa UVACE HYGIENE PRODUCTS PRIVATE LIMITED25.4%₹112.42 cr
PregnaPREGNA INTERNATIONAL LIMITED24.2%₹78.66 cr
BarrierBreak SolutionsBARRIERBREAK SOLUTIONS PRIVATE LIMITED
Belami Fine ChemicalsBELAMI FINE CHEMICALS PVT LTD
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Nutraceuticals tech34₹2,719.16 cr~₹12.1 cr53%8.3%
Life sciences tech9₹1,433.23 cr~₹2.2 cr78%-17.0%
Life sciences platforms and tools12₹433.71 cr~₹14.2 cr75%7.1%
Orthopedics8₹199.91 cr~₹7.5 cr50%0.5%
Genomics5₹23.62 cr~₹5.6 cr60%-97.1%
Leaders

Largest life sciences companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
MedtronicINDIA MEDTRONIC PRIVATE LIMITED₹2,669.84 cr₹136.79 cr5.1%+15%
ProtinexNUTRICIA INTERNATIONAL PRIVATE LIMITED₹1,468.12 cr₹184.62 cr+18%
Ascent Health & Wellness SolutionsASCENT WELLNESS AND PHARMA SOLUTIONS PRIVATE LIMITED₹1,372.95 cr−₹247.01 cr-18.0%+4%
YashamYASHAM SPECIALITY INGREDIENTS PRIVATE LIMITED₹237.96 cr₹35.93 cr15.1%+15%
Universal NutriscienceUNIVERSAL NUTRISCIENCE PRIVATE LIMITED₹234.37 cr₹42.48 cr18.1%+6%
CochlearCOCHLEAR MEDICAL DEVICE COMPANY INDIA PRIVATE LIMITED₹14.63 cr6.7%-12%
Advy ChemicalADVY CHEMICAL PRIVATE LIMITED₹175.72 cr₹24.38 cr13.9%+33%
Hexagon NutritionHexagon Nutrition Limited₹163.92 cr₹11.57 cr7.1%+19%
Remi ElektrotechnikREMI ELEKTROTECHNIK LIMITED9.7%-10%
VisscoVISSCO REHABILITATION AIDS PVT LTD₹141.93 cr₹6.22 cr4.4%+14%
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 Mumbai 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 Mumbai
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 Mumbai 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, Mumbai30

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 Mumbai

30Acquisition

Most active acquirers

  1. Thermo fisher scientific11
  2. USV Private Ltd3
  3. Na3
  4. USV2
  5. Hul2

Most acquired or merged

  1. Wellbeing nutrition8
  2. Oziva2
  3. Solventum2
  4. Shunya2
  5. Indoco remedies1

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

Life sciences funding in Mumbai

40 life sciences companies in Mumbai have recorded equity funding, US$338.04m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Mumbai

Meet the people behind life sciences companies in Mumbai. 170 of 235 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai life sciences companies by sub-sector

The most common specialisations among life sciences companies in Mumbai. 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