Company lists
The Maharashtra edition · 2026

Traditional nutraceuticalscompanies in Maharashtra

Supplements, ingredients, pharma, functional foods, ayurvedic & herbal and more: the companies building traditional nutraceuticals in Maharashtra, with their founders, funding, team size and business models.

103 company profiles52 with reported revenue7 with recorded fundingOctober 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent traditional nutraceuticals business events in India

Funding, M&A, contract wins and launches involving 524 traditional nutraceuticals companies in India, last 24 months: 4 funding rounds · 4 M&A deals · 2 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Mar 2026.

FundingFunding round

Elmed Life Sciences

Hyderabad-based Elmed Life Sciences raised $2.7 million from the Agrisure Fund, which is backed by NABARD.

Investors Agrisure Fund, Nabard
Agri-Biotech
M&AAcquisition · Completed

Kedaara capital acquires Sanofi india

The company was formed after acquiring 16 nutraceutical brands from Sanofi India for ₹587 crore.

Pharmaceuticals
Funding

Oxylus

Oxylus has raised $4.5 million from investors led by Toyota Ventures to see if they can scale up economically.

Investors Toyota ventures
LaunchLiftoff®

Herbalife India

Herbalife India, a premier health and wellness company, community, and platform, announced the launch of Liftoff®, a refreshing effervescent drink that contains caffeine to help you feel…

Nutraceutical beverage – effervescent drink
LaunchLiftoff®

Herbalife India

Herbalife India announced the launch of Liftoff®, a refreshing effervescent drink that contains caffeine to help you feel energized* and alert.

Nutraceutical Beverage
M&AAcquisition · Announced

Fermenta Environment Solutions Private Limited acquires Fermenta biotech

today announced that its Board of Directors has approved the sale of its environmental solutions business operations to a wholly owned subsidiary, Fermenta Environment Solutions Private…

Pharmaceutical Ingredients
Funding

Tirupati medicare

Kotak Alternate Asset Managers Limited (Kotak Alts) announced an investment of Rs 1,050 Crore in Tirupati Medicare Limited (Tirupati). This investment will facilitate a complete exit for…

Nutraceutical, pharmaceutical, and Ayush contract development and manufacturing sectors in India
FundingPrivate funding round

Avesthagen

Avesthagen Pvt Ltd. announced the closing of a €25 million (US$32.3 million) private funding round and proclaimed itself the international leader of India's burgeoning biotech sector, as…

Investors Fidelity international, Limagrain Group, Daninvest, Bennett Coleman
M&AAcquisition · Announced

Reliance Consumer Products acquires Sujatha Biotech

In another major acquisition, Mukesh Ambani-led Reliance has acquired Velvette, an iconic FMCG brand known for its innovative sachet packaging, from Chennai-based Sujatha Biotech.

FMCG

Traditional nutraceuticals companies in Maharashtra, by revenue

Browse traditional nutraceuticals companies in Maharashtra 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 52 traditional nutraceuticals companies in 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

Company focusing on consumer healthcare products

Traditional nutraceuticals
₹28,409.49 crFY 2024-25
+7%2024–2025
2,313+20% vs previous recordLinkedIn · Oct 2026
11 yr2015
0none in 3 months

Manufacturer of drugs for multiple therapeutic areas

Traditional pharmaceuticals
₹2,916.40 crFY 2022-23
Not reported
696-1% 12 mo to Aug 2024LinkedIn · Oct 2026
70 yr1956
22postings · last posted Aug 2026

Manufacturer of generic drugs and nutritional supplements

Traditional pharmaceuticals
₹984.18 crFY 2024-25
+12%2024–2025
2,870+1% 12 mo to Jul 2024recorded Jul 2024
44 yr1982
0none in 3 months · last posted Jun 2026

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

Traditional nutraceuticals
₹816.70 crFY 2022-23
Not reported
2,201+6% 12 mo to Mar 2024recorded Mar 2024
96 yr1930
—No postings tracked

Provider of formulation development services for pharmaceutical industry

Traditional nutraceuticals
₹569.87 crFY 2024-25
+32%2024–2025
11LinkedIn · Jul 2026
44 yr1982
0none in 3 months

Manufacturer of drugs

Traditional nutraceuticals
₹528.89 crFY 2022-23
Not reported
239+3% 12 mo to Sep 2024LinkedIn · Jul 2026
47 yr1979
0none in 3 months

Company manufactures sports and general wellness nutrition supplements

Traditional nutraceuticals
₹375.98 crFY 2024-25
+27%2024–2025
493+34% 12 mo to Aug 2023recorded Aug 2023
10 yr2016
0none in 3 months

Manufacturer of vitamin B3 drugs

Traditional nutraceuticals
₹235.63 crFY 2024-25
+7%2024–2025
81-2% 12 mo to Jun 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Manufacturer & exporter of phytochemicals, botanicals & herbal supplements

Traditional nutraceuticals
₹189.92 crFY 2021-22
Not reported
55LinkedIn · Jul 2026
70 yr1956
—No postings tracked

Manufacturer of pharmaceutical products for gynecology, pediatrics, and other therapeutic areas

Traditional pharmaceuticals
₹166.47 crFY 2024-25
+10%2024–2025
103+334% vs previous recordLinkedIn · Oct 2026
45 yr1981
0none in 3 months · last posted Jul 2026

Manufacturer of pharmaceutical products for multiple therapeutic areas

Diversified pharmaceuticals
₹162.97 crFY 2024-25
-15%2024–2025
23+0% 12 mo to Sep 2024recorded Sep 2024
22 yr2004
0none in 3 months

Provider of organic cosmetics formulation design services

Cosmeceuticals
₹151.34 crFY 2024-25
+46%2024–2025
50-2% 12 mo to Sep 2024LinkedIn · Jul 2026
43 yr1983
0none in 3 months

Manufacturer of nutrition supplements

Food & beverage products
₹132.52 crFY 2024-25
+62%2024–2025
18-14% 12 mo to Jul 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Manufacturer of pharmaceutical and nutraceutical products including active ingredients, pellets, and transdermal patches

Biopharma outsourcing
₹117.16 crFY 2024-25
+22%2024–2025
177+35% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Manufacturer of APIs, Intermediates, Nutraceuticals, and Vitamins

Traditional pharmaceuticals
₹110.25 crFY 2024-25
+2%2024–2025
72+4% 12 mo to Sep 2024LinkedIn · Oct 2026
37 yr1989
0none in 3 months

Manufacturer of gummies, protein powder, and multivitamin products

Traditional nutraceuticals
₹109.09 crFY 2024-25
+96%2024–2025
34+1033% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
0none in 3 months · last posted Jun 2026

Retailer of herbal medicine, single herb products, and herbal teas

Traditional nutraceuticals
₹64.78 crFY 2024-25
-9%2024–2025
55+0% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
2postings · last posted Sep 2026

Manufacturer of enzyme and custom probiotics solutions

Traditional nutraceuticals
₹62.48 crFY 2024-25
-57%2024–2025
87LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Manufacturer of nutritional supplements

Traditional nutraceuticals
₹50.94 crFY 2021-22
Not reported
4+0% 12 mo to Sep 2024recorded Sep 2024
55 yr1971
—No postings tracked

Manufacturer of nutraceuticals, health food supplements, and pharmaceutical and API ingredients

Animal feed and nutrition
₹55.88 crFY 2024-25
+3%2024–2025
167+26% 12 mo to Mar 2024recorded Mar 2024
39 yr1987
0none in 3 months

Manufacturing and marketing of Nutraceutical Products

Traditional nutraceuticals
₹55.16 crFY 2024-25
+10%2024–2025
117+22% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Manufacturer of antibiotic premixes & vitamins

Traditional nutraceuticals
₹44.42 crFY 2024-25
-31%2024–2025
—Not available
38 yr1988
0none in 3 months

Manufacturer of bio-organic agricultural products and animal feed supplements

Traditional pharmaceuticals
₹39.58 crFY 2024-25
-7%2024–2025
31+17% 12 mo to Sep 2024LinkedIn · Oct 2026
39 yr1987
0none in 3 months

Manufacturer of pharmaceuticals, OTCs, supplements, and veterinary products

Traditional pharmaceuticals
₹22.70 crFY 2022-23
Not reported
75+3% 12 mo to Mar 2023LinkedIn · Oct 2026
23 yr2003
0none in 3 months

Nutraceutical ingredients manufacturer

Traditional nutraceuticals
₹21.85 crFY 2024-25
-62%2024–2025
—Not available
17 yr2009
0none in 3 months
50 of 103 companies shown here · the full list is on Radar
Fliar Radar

Explore all 103 traditional nutraceuticals companies in Maharashtra on Radar

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

Open traditional nutraceuticals in Maharashtra on Radar
  • Every company, not just 50All 103 traditional nutraceuticals companies in Maharashtra, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore traditional nutraceuticals companies in Maharashtra by what you are looking for

Browse the top traditional nutraceuticals companies in Maharashtra, from dietary supplement makers to nutraceutical ingredient suppliers. Find traditional nutraceuticals manufacturers in Maharashtra, startups and listed companies.

8 ways to explore traditional nutraceuticals in Maharashtra

Dietary supplement manufacturersNutraceutical ingredients & plant extract suppliersPharmaceutical & healthcare nutrition companiesFunctional foods & health drink brandsAyurvedic & herbal medicine companiesListed traditional nutraceuticals companies in Maharashtra

Dietary supplement manufacturers

Companies making dietary supplements, protein powders and health capsules.

  1. Sanofi India

    Manufacturer of drugs for multiple therapeutic areas

    Traditional pharmaceuticals
    See in list
  2. Lasons India

    Manufacturer of drugs

    Traditional nutraceuticals
    See in list
  3. Fermenta Biotech

    Manufacturer of Vitamin D3, enzymes, and environmental solutions

    Traditional nutraceuticals
    Website
  4. GNC

    Company manufactures sports and general wellness nutrition supplements

    Traditional nutraceuticals
    See in list
  5. Western Drugs

    Manufacturer of vitamin B3 drugs

    Traditional nutraceuticals
    See in list

Nutraceutical ingredients & plant extract suppliers

Suppliers of nutraceutical ingredients, plant extracts and bulk actives.

  1. KP Phytoextractions

    Manufacturer & exporter of phytochemicals, botanicals & herbal supplements

    Traditional nutraceuticals
    See in list
  2. Gangwal Healthcare

    Manufacturer of pharmaceutical and nutraceutical products including active ingredients, pellets, and transdermal patches

    Biopharma outsourcing
    See in list
  3. Atiya Herbs

    Retailer of herbal medicine, single herb products, and herbal teas

    Traditional nutraceuticals
    See in list
  4. Premier Nutraceuticals

    Manufacturing and marketing of Nutraceutical Products

    Traditional nutraceuticals
    See in list
  5. Nucgnex

    Manufacturer of multiple nutrition products

    Traditional nutraceuticals
    See in list

Pharmaceutical & healthcare nutrition companies

Pharmaceutical makers that also produce nutrition and consumer healthcare products.

  1. Cipla Health

    Company focusing on consumer healthcare products

    Traditional nutraceuticals
    See in list
  2. Sanofi India

    Manufacturer of drugs for multiple therapeutic areas

    Traditional pharmaceuticals
    See in list
  3. Meyer Organics

    Manufacturer of generic drugs and nutritional supplements

    Traditional pharmaceuticals
    See in list
  4. Uni-Med

    Provider of formulation development services for pharmaceutical industry

    Traditional nutraceuticals
    See in list
  5. Gangwal Healthcare

    Manufacturer of pharmaceutical and nutraceutical products including active ingredients, pellets, and transdermal patches

    Biopharma outsourcing
    See in list

Functional foods & health drink brands

Brands selling functional foods, energy drinks and nutrition snacks.

  1. Advenza

    Manufacturer of enzyme and custom probiotics solutions

    Traditional nutraceuticals
    See in list
  2. Voll Sante

    Manufacturer of nutritional supplements

    Traditional nutraceuticals
    See in list
  3. OnTheRun

    Manufacturer of all-natural, gluten-free health food products

    Food & beverage products
    See in list
  4. Enerzal

    Manufacturer of electrolyte energy drink powders and liquids

    Traditional nutraceuticals
    Website
  5. Protinex

    Protein powders for daily protein nutrition

    Traditional nutraceuticals
    Website

Ayurvedic & herbal medicine companies

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

  1. Ganga Pharmaceuticals

    Provider of local news and information

    Alternative medicine products
    See in list
  2. Manas Ayurved

    Provider of ayurvedic medicines and products

    Traditional nutraceuticals
    Website
  3. AMVIGOR ORGANICS

    Provider of organic cosmetics formulation design services

    Cosmeceuticals
    See in list
  4. Celrich Products

    Celrich Products

    Cosmeceuticals
    See in list
  5. Pure Nutrition

    Manufacturer of natural nutritional supplements and cold-pressed oils

    Traditional nutraceuticals
    See in list

Listed traditional nutraceuticals companies in Maharashtra

Publicly listed traditional nutraceuticals companies in Maharashtra.

  1. Sanofi India

    Manufacturer of drugs for multiple therapeutic areas

    Traditional pharmaceuticals
    See in list
  2. Fermenta Biotech

    Manufacturer of Vitamin D3, enzymes, and environmental solutions

    Traditional nutraceuticals
    Website
  3. Panchsheel Organics

    Manufacturer of APIs, Intermediates, Nutraceuticals, and Vitamins

    Traditional pharmaceuticals
    See in list
  4. Piramal Phytocare

    Manufactures a range of natural ingredients based health supplements

    Traditional nutraceuticals
    Website
  5. Cian Health Care

    Manufacturer of pharmaceuticals, OTCs, supplements, and veterinary products

    Traditional pharmaceuticals
    See in list
7 companies in Maharashtra

Traditional nutraceuticals startups in Maharashtra

Newer traditional nutraceuticals companies in Maharashtra founded in recent years.

  1. Gangwal Healthcare

    Manufacturer of pharmaceutical and nutraceutical products including active ingredients, pellets, and transdermal patches

    Biopharma outsourcing
    See in list
  2. Kelwave

    Provider of a nutrition consulting service to children

    Traditional nutraceuticals
    See in list
  3. Proexcel Healthcare

    Provider of health supplements

    Traditional nutraceuticals
    Website
  4. Biowearth Global

    Provider of custom supplement manufacturing, ingredients, and ready-to-launch formulations in bulk

    Traditional nutraceuticals
    Website
  5. Cancro

    Internet first brand of energy drinks

    Food & beverage products
    Website
10 companies in Maharashtra

Traditional nutraceuticals companies hiring in Maharashtra

Traditional nutraceuticals companies in Maharashtra with open roles right now.

  1. Sanofi India

    Manufacturer of drugs for multiple therapeutic areas

    Traditional pharmaceuticals
    See in list
  2. Meyer Organics

    Manufacturer of generic drugs and nutritional supplements

    Traditional pharmaceuticals
    See in list
  3. Fermenta Biotech

    Manufacturer of Vitamin D3, enzymes, and environmental solutions

    Traditional nutraceuticals
    Website
  4. Novus Life Sciences

    Manufacturer of gummies, protein powder, and multivitamin products

    Traditional nutraceuticals
    See in list
  5. Atiya Herbs

    Retailer of herbal medicine, single herb products, and herbal teas

    Traditional nutraceuticals
    See in list
6 companies in Maharashtra
The business behind the activity

Traditional nutraceuticals financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 50 traditional nutraceuticals companies in Maharashtra for FY24-25 — 61 of the 103 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 90% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹26,866.38 cr

50 companies filing accounts

combined net profit₹5,972.02 cr

22.2% aggregate margin

are profitable74%

37 of 50 companies

median revenue~₹19.6 cr

the typical company

median revenue growth+10%

into FY24-25

earned by the top five90%

revenue concentration

Six-year view

Combined revenue of filing companies

₹15,985.97 crFY19-2049 filers
₹16,341.79 crFY20-2152 filers
₹21,356.34 crFY21-2255 filers
₹19,974.17 crFY22-2352 filers
₹23,833.21 crFY23-2451 filers
₹26,866.38 crFY24-2550 filers

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

Like-for-like

The same 48 companies over three years

+34%
FY22-23₹19,920.31 cr₹2,924.69 cr net
FY23-24₹23,588.56 cr₹4,875.33 cr net
FY24-25₹26,621.21 cr₹5,953.37 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 cr743% profitable
₹1–10 cr1464% profitable
₹10–100 cr1385% profitable
₹100–1,000 cr1385% profitable
Over ₹1,000 cr3100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking17
0–20%16
20–50%11
50–100%6
Doubled+0

50 companies with accounts for both years; median growth +10%.

Profitability

Profit is concentrated at the top

37profitable
13loss-making
22.2%aggregate margin
2.5%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
Novus Life SciencesNOVUS LIFE SCIENCES PRIVATE LIMITED+96%₹109.09 cr
KP PhytoextractionsK PATEL PHYTO EXTRACTIONS PRIVATE LIMITED+92%₹272.01 cr
ChicnutrixAERONUTRIX SPORTS PRODUCTS PRIVATE LIMITED+62%₹132.52 cr
Universal MedicareUNIVERSAL MEDICARE PRIVATE LIMITED+55%₹68.88 cr
AMVIGOR ORGANICSAMVIGOR ORGANICS PRIVATE LIMITED+46%₹151.34 cr
NucgnexNUCGNEX LIFESCIENCES PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Universal MedicareUNIVERSAL MEDICARE PRIVATE LIMITED33.2%₹68.88 cr
AMVIGOR ORGANICSAMVIGOR ORGANICS PRIVATE LIMITED32.8%₹151.34 cr
Raptakos BrettRAPTAKOS BRETT AND COMPANY LIMITED32.7%₹1,059.53 cr
Cipla HealthCipla Limited25.8%₹20,029.57 cr
Novus Life SciencesNOVUS LIFE SCIENCES PRIVATE LIMITED16.5%₹109.09 cr
KP PhytoextractionsK PATEL PHYTO EXTRACTIONS PRIVATE LIMITED13.9%₹272.01 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Traditional nutraceuticals37₹24,933.14 cr~₹13.5 cr68%23.3%
Leaders

Largest traditional nutraceuticals companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Cipla HealthCipla Limited₹20,029.57 cr₹5,157.65 cr25.8%+14%
ProtinexNUTRICIA INTERNATIONAL PRIVATE LIMITED₹1,468.12 cr₹184.62 cr+18%
Raptakos BrettRAPTAKOS BRETT AND COMPANY LIMITED₹1,059.53 cr₹346.56 cr32.7%-9%
Meyer OrganicsMEYER ORGANICS PRIVATE LIMITED₹983.98 cr₹85.22 cr8.7%+12%
Uni-MedUNIMED HEALTH CARE PRIVATE LIMITED₹569.87 cr₹34.87 cr6.1%+32%
Lasons IndiaLASONS INDIA PRIVATE LIMITED₹527.38 cr₹3.31 cr0.6%+16%
KP PhytoextractionsK PATEL PHYTO EXTRACTIONS PRIVATE LIMITED₹272.01 cr₹37.92 cr13.9%+92%
MatrixlifescienceMatrix Life Science Private Limited₹239.21 cr−₹2.96 cr-1.2%+20%
Western DrugsWESTERN DRUGS LIMITED₹235.92 cr₹17.94 cr7.6%+6%
DWD PharmaceuticalsDWD PHARMACEUTICALS LIMITED₹166.47 cr₹18.35 cr11.0%+10%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Traditional nutraceuticals funding and M&A across India

52 recorded equity rounds have gone to 524 traditional nutraceuticals companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$2.70m

equity rounds, last 24 months3

US$5.71m

raised over five yearsUS$11.49m

17 rounds in India

M&A deals, India4

last 24 months

Capital by year

Equity funding into traditional nutraceuticals in India

amount rounds
$1.6m20185
$52m20198
$1.4m20204
$2.5m20215
$829k20227
$2.4m20232
$3.0m20252
$2.7m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2019, with US$51.71m across 8 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$683k4 rounds · median US$164k
SeedUS$8.11m12 rounds · median US$133k
Series AUS$2.70m1 rounds · median US$2.70m
Where the money went · five years

Most-funded sub-sectors

Traditional nutraceuticalsUS$5.74m10 rounds · 6 companies
Food & beverage productsUS$5.62m6 rounds · 2 companies
Nutraceuticals techUS$133k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

4Acquisition

Most active acquirers

  1. Kedaara capital1
  2. Fermenta Environment Solutions Private Limited1
  3. Kotak Alternate Asset Managers1
  4. Reliance Consumer Products1

Most acquired or merged

  1. Sanofi india1
  2. Fermenta biotech1
  3. Tirupati medicare1
  4. Sujatha Biotech1

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

Traditional nutraceuticals funding in Maharashtra

7 traditional nutraceuticals companies in Maharashtra have recorded equity funding, US$8.98m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind traditional nutraceuticals companies in Maharashtra. 52 of 103 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra traditional nutraceuticals companies by sub-sector

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

Keep exploring traditional nutraceuticals in India and nearby markets.

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