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The Bengaluru edition · 2026

Traditional pharmaceuticalscompanies in Bengaluru

Generics, API & CDMO, traditional medicine, nutraceuticals, distributors and more: the companies building traditional pharmaceuticals in Bengaluru, Karnataka, with their founders, funding, team size and business models.

Explore in Radar See the ranked list ↓
55 company profiles31 with reported revenue5 with recorded fundingOctober 2026 edition
Bengaluru · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent traditional pharmaceuticals business events in India

Funding, M&A, contract wins and launches involving 2,116 traditional pharmaceuticals companies in India, last 24 months: 153 M&A deals · 40 Contracts · 26 funding rounds · 7 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Marksans pharma acquires Qliniq

On June 1, 2026, Marksans Pharma Ltd confirmed the plan for acquisition of 100% of the share capital of QliniQ B.V. for a total consideration of €7,500,000.

Pharmaceutical
M&AAcquisition · Announced

Anupam Rasayan India acquires Bliss gvs pharma

New Delhi, Specialty chemicals maker Anupam Rasayan India has signed an agreement to acquire up to 43.3 per cent stake in pharmaceutical formulations company Bliss GVS Pharma Ltd for an…

Pharmaceutical formulations
M&AAcquisition · Announced

Orchid pharma acquires Allecra

Orchid Pharma has acquired global rights to Enmetazobactam and the trademark Exblifep from Allecra, pending completion within three months.

Pharmaceuticals
M&AAcquisition · Announced

Sun pharmaceutical industries acquires Organon

The pharmaceutical sector accounted for the vast majority of the financial commitment, with planned investments exceeding $19.1 billion, led by Sun Pharmaceutical Industries Ltd, which…

Pharmaceutical
Contract

Sun pharma · client: Organon

Sun Pharma To Acquire Organon in USD 11.75 Billion Deal, Marks Biggest Indian Pharma Acquisition Ever.

M&AAcquisition · Announced

Organon acquires Sun pharma

US pharmaceutical company Organon is going to buy 100 percent stake in India 's Sun Pharma.

M&AAcquisition · Announced

Corona remedies acquires Wokadine

Corona Remedies announced the acquisition of the Wokadine brand from Dr. Reddy's Laboratories to strengthen its presence in targeted specialty segment and offer wider accessibility.

Pharmaceuticals
M&AAcquisition · Announced

Corona remedies acquires Dr. reddy's laboratories

Corona Remedies announced the acquisition of the Wokadine brand from Dr. Reddy's Laboratories to strengthen its presence in targeted specialty segment and offer wider accessibility.

Pharmaceuticals
ContractService

Aurobindo pharma · client: Msd

The company’s arm has expanded its contract manufacturing (CMO) agreement with MSD and plans to set up a new unit with an investment of $150–175 million, indicating a strong push in the…

M&AAcquisition · Announced

Rubicon research acquires Arinna lifesciences

Apr 15: Rubicon Research Limited (“Rubicon” or the “Company”) today announced the acquisition of an 85% equity ownership in Arinna Lifesciences Limited (“Arinna”) from its current…

Pharmaceutical
LaunchBosaya™

Biocon

Biocon Limited, a global biopharmaceutical company, has announced the commercial launch of its denosumab biosimilars, Bosaya™ and Aukelso™, in the United States.

Biosimilar
M&AAcquisition · Rumored

Warburg pincus acquires Maneesh pharmaceuticals

Warburg Pincus is in advanced discussions to acquire the non-TB formulations business of Mumbai-headquartered Maneesh Pharmaceuticals in a deal valued at around ₹1,600-1,800 crore.

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…

M&AAcquisition · Completed

USV acquires Wellbeing nutrition

pharmaceutical major USV acquired a 79% stake in Wellbeing Nutrition

Nutrition
M&AAcquisition · Announced

Strides pharma science acquires Sandoz

Strides Pharma Science on Tuesday said it has inked a pact with Sandoz AG to acquire certain branded generic products across Sub-Saharan Africa.

Pharmaceutical
Contract

Strides Pharma · client: Sandoz

The initial consideration for the transaction is $12 million, payable at closing and is expected to be funded through internal accruals, Strides said in a statement.

Pharmaceutical
ContractSupply

Lupin · client: Zydus lifesciences

Shares of Lupin and Zydus Lifesciences rose up to 2% on Tuesday after the pharma firm inked a licensing and supply agreement with the lifesciences company, to expand access to innovative…

M&AAcquisition · Completed

Kedaara capital acquires Sanofi india

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

Pharmaceuticals
M&AAcquisition · Announced

Arogya Tech Services LLP acquires Bijoy hans

Arogya Tech Services LLP has acquired a substantial stake in Bijoy Hans Limited through a preferential allotment, as disclosed in a regulatory filing dated March 6, 2026.

M&AAcquisition · Announced

Sanofi acquires Medley

The share of the EMS pharmaceutical market can rise to 31% with the purchase of Medley, Sanofi, said Marcus Sanchez, vice president of the group, on Friday (6).

M&AAcquisition · Announced

Ems group acquires Medley

The purchase of Medley by the EMS Group should keep the pharmaceutical company operating independently within the group structure.

Pharmaceuticals
Funding

Biocon

Biocon acquired 11,53,44,285 Optionally Convertible Redeemable Non-Cumulative Preference Shares of Rs 10 each in Biocon Biosphere Limited and 20,00,00,000 similar shares in Biocon Pharma…

Investors Biocon
Pharmaceutical manufacturing
ContractService

Morepen laboratories · client: Major global pharmaceutical player

Morepen Laboratories Limited has landed a landmark CDMO contract valued at approximately Rs. 825 crore with a major global pharmaceutical player.

Pharmaceuticals
M&AAcquisition · Announced

Consortium of WaveRise Investments, ChrysCapital, Two Infinity Partners acquires Novartis india

The company sold its share of 70.68 percent for about 159 million dollars to a consortium of financial investors, Novartis announced on Friday.

M&AAcquisition · Announced

WaveRise Investments, ChrysCapital Fund X, Two Infinity Partners, ChrysCapital X, LLC, OceanEdge Investments Limited acquires Novartis india

Under the open offer, acquirers have announced acquisition of up to 64,19,608 fully paid-up equity shares of face value of Rs 5 each from public shareholders of Novartis India Limited,…

M&AAcquisition · Announced

WaveRise Investments, ChrysCapital and Two Infinity Partners acquires Novartis india

The consortium, composed of WaveRise Investments, ChrysCapital and Two Infinity Partners, also made an offer to buy an additional 26% stake from Novartis India’s public shareholders for…

Pharmaceutical
M&AAcquisition · Announced

consortium of WaveRise Investments, ChrysCapital and Two Infinity Partners acquires Novartis india

Novartis announced on Friday that the share would be sold to a consortium of financial investors for about $159 million.

Pharmaceutical
M&AAcquisition · Announced

WaveRise Investments, ChrysCapital, Two Infinity Partners acquires Novartis india

Novartis announced on Friday that the share would be sold to a consortium of financial investors for about $159 million.

Pharmaceuticals
M&AAcquisition · Announced

Consortium of financial investors acquires Novartis india

The company sold its share of 70.68 percent for about 159 million dollars to a consortium of financial investors, Novartis announced on Friday.

Pharmaceutical

Traditional pharmaceuticals companies in Bengaluru, by revenue

Browse traditional pharmaceuticals companies in Bengaluru by reported revenue, one-year revenue growth, revenue model, age and stage. The 31 companies below are the largest by their most recent reported revenue among 31 traditional pharmaceuticals companies in Bengaluru, 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 31

Manufacturer of active pharmaceutical ingredients and mineral actives

Traditional pharmaceuticals
₹594.12 crFY 2024-25
+2%2024–2025
935LinkedIn · Oct 2026
46 yr1980
2postings · last posted Aug 2026

Provider of therapeutic products

Traditional pharmaceuticals
₹435.97 crFY 2022-23
Not reported
1,518recorded
80 yr1946
0none in 3 months · last posted Jun 2026

CDMO manufacturer of APIs and Intermediates

Traditional pharmaceuticals
₹434.97 crFY 2024-25
-11%2024–2025
225+45% 12 mo to Sep 2024LinkedIn · Oct 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Manufacturer of generics and biosimilar drugs

Traditional pharmaceuticals
₹363.29 crFY 2024-25
+6%2024–2025
256-63% 12 mo to Aug 2023recorded Aug 2023
37 yr1989
0none in 3 months

Manufacturer of pharmaceutical APIs, formulations, and Ayurvedic products

Traditional pharmaceuticals
₹305.29 crFY 2024-25
-11%2024–2025
1,070+1% 12 mo to Jul 2024LinkedIn · Oct 2026
39 yr1987
0none in 3 months · last posted Jan 2026

Manufacturer of injectable and ophthalmic pharmaceutical products

Traditional pharmaceuticals
₹297.65 crFY 2024-25
+35%2024–2025
507+3% 12 mo to Mar 2024recorded Mar 2024
36 yr1990
0none in 3 months

Developer of novel therapeutics and manufacturer of pharmaceutical products

Traditional pharmaceuticals
₹286.59 crFY 2024-25
+46%2024–2025
553+10% 12 mo to Mar 2024LinkedIn · Oct 2026
22 yr2004
0none in 3 months · last posted Jun 2026

Manufacturer and processor of food products

Food & beverage products
₹195.30 crFY 2024-25
+3%2024–2025
121-2% 12 mo to Sep 2024recorded Sep 2024
32 yr1994
0none in 3 months

Manufacturer of branded generics

Traditional pharmaceuticals
₹166.14 crFY 2021-22
Not reported
366+5% 12 mo to Sep 2024LinkedIn · Jul 2026
103 yr1923
0none in 3 months

Manufacturer of generic drugs

Traditional pharmaceuticals
₹121.21 crFY 2024-25
+20%2024–2025
78+24% 12 mo to Mar 2022recorded Mar 2022
45 yr1981
0none in 3 months

Specialty and fine chemicals company focused on sustainable solutions

Diversified chemicals
₹71.04 crFY 2024-25
+116%2024–2025
161+12% 12 mo to Jan 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Manufacturer of specialty chemicals, intermediates, and custom synthesized molecules

Traditional pharmaceuticals
₹57.32 crFY 2024-25
+23%2024–2025
—Not available
27 yr1999
0none in 3 months

Developer of herbal based medicine to treat psoriasis, acne and pigmentation

Traditional pharmaceuticals
₹25.82 crFY 2024-25
+7%2024–2025
56LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Provider of access to innovative therapies for rare and life-threatening diseases

Traditional pharmaceuticals
₹23.68 crFY 2024-25
+7%2024–2025
34-8% 12 mo to Aug 2024LinkedIn · Jul 2026
11 yr2015
1postings · last posted Sep 2026

Ultra Laboratories is a pharmaceutical company that manufactures, distributes, and markets generic medicines.

Traditional pharmaceuticals
₹16.41 crFY 2021-22
Not reported
90+16% 12 mo to Mar 2024LinkedIn · Jul 2026
19 yr2007
—No postings tracked

Manufacturer of glucose energy tablets for rapid energy replenishment

Traditional pharmaceuticals
₹13.96 crFY 2024-25
+6%2024–2025
26-4% 12 mo to Sep 2024LinkedIn · Jul 2026
42 yr1984
0none in 3 months

Vida Labs is a pharmaceutical company that manufactures and exports syrups and sterile dry powder injection products.

Traditional pharmaceuticals
₹9.59 crFY 2021-22
Not reported
8LinkedIn · Jul 2026
22 yr2004
—No postings tracked

Manufacturer of high-quality medicines

Traditional pharmaceuticals
₹9.53 crFY 2024-25
Not reported
—Not available
6 yr2020
0none in 3 months

Manufacturer of pharmaceutical products

Traditional pharmaceuticals
₹8.40 crFY 2024-25
+22%2024–2025
13+14% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer of tablets, capsules, syrup, drops, and cream

Traditional pharmaceuticals
₹6.82 crFY 2024-25
+33%2024–2025
187-23% 12 mo to Sep 2024recorded Sep 2024
8 yr2018
0none in 3 months

Provider of drug research and development services for multiple therapeutic areas

Traditional pharmaceuticals
€538kDec 2022
Not reported
3,681+8% 12 mo to Mar 2024recorded Mar 2024
48 yr1978
9postings · last posted Sep 2026

Manufacturer of generic finished formulations and APIs

Traditional pharmaceuticals
₹4.72 crFY 2024-25
+7%2024–2025
—Not available
10 yr2016
0none in 3 months

Provider of ophthalmic products including surgical consumables, injectables, and biomedical equipment

Traditional pharmaceuticals
₹3.41 crFY 2024-25
-16%2024–2025
23-12% 12 mo to Sep 2024recorded Sep 2024
6 yr2020
0none in 3 months

Provider of research and development services to the pharmaceutical industry, offering analytical, formulation, and other related solutions

Traditional pharmaceuticals
₹2.18 crFY 2024-25
+60%2024–2025
21LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Developer of drugs and manufacturing equipments

Traditional pharmaceuticals
₹1.68 crFY 2023-24
-70%2023–2024
36+0% 12 mo to Sep 2024recorded Sep 2024
33 yr1993
0none in 3 months
31 of 55 companies shown here · the full list is on Radar
Fliar Radar

Explore all 55 traditional pharmaceuticals companies in Bengaluru on Radar

This page shows the top 31. Radar has the complete, filterable list with contacts and live company signals.

Open traditional pharmaceuticals in Bengaluru on Radar
  • Every company, not just 50All 55 traditional pharmaceuticals companies in Bengaluru, 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 traditional pharmaceuticals companies in Bengaluru by what you are looking for

Browse top traditional pharmaceuticals companies in Bengaluru, from generic drug makers to API and CDMO manufacturers. You can also find traditional medicine and nutraceutical companies, pharma startups in Bengaluru and the ones hiring now.

8 ways to explore traditional pharmaceuticals in Bengaluru

Generic drug & formulation manufacturersAPI, CDMO & contract pharma manufacturersTraditional, ayurvedic & alternative medicine companiesNutraceutical & eye care healthcare product makersPharmaceutical & medical product distributorsTraditional pharmaceuticals startups in Bengaluru

Generic drug & formulation manufacturers

Companies making generic medicines and finished dosage formulations.

  1. Pharmed Limited

    Provider of therapeutic products

    Traditional pharmaceuticals
    See in list
  2. Wintac

    Manufacturer of injectable and ophthalmic pharmaceutical products

    Traditional pharmaceuticals
    See in list
  3. Anglo-French Drugs

    Manufacturer of branded generics

    Traditional pharmaceuticals
    See in list
  4. Intra Life

    Manufacturer of generic drugs

    Traditional pharmaceuticals
    See in list
  5. VPL Chemicals

    Manufacturer of specialty chemicals, intermediates, and custom synthesized molecules

    Traditional pharmaceuticals
    See in list
47 companies in BengaluruAll 42 traditional pharmaceuticals companies in Bengaluru →

API, CDMO & contract pharma manufacturers

Makers of active pharmaceutical ingredients and contract development and manufacturing partners.

  1. Global Calcium

    Manufacturer of active pharmaceutical ingredients and mineral actives

    Traditional pharmaceuticals
    See in list
  2. Zenfold Sustainable Technologies

    Specialty and fine chemicals company focused on sustainable solutions

    Diversified chemicals
    See in list
  3. Steriscience

    Manufacturer of high-quality medicines

    Traditional pharmaceuticals
    See in list
  4. Axodin Pharma

    Manufacturer of generic finished formulations and APIs

    Traditional pharmaceuticals
    See in list
  5. Symbio Generrics

    CDMO manufacturer of APIs and Intermediates

    Traditional pharmaceuticals
    See in list
5 companies in BengaluruAll 115 biopharma outsourcing companies in Bengaluru →

Traditional, ayurvedic & alternative medicine companies

Companies making ayurvedic, herbal and other traditional medicine products.

  1. VPL Chemicals

    Manufacturer of specialty chemicals, intermediates, and custom synthesized molecules

    Traditional pharmaceuticals
    See in list
  2. Vemsa Biotech

    Develops and commercializes herbal health products using Ayurveda and targeted drug delivery.

    Traditional pharmaceuticals
    See in list
  3. Avesthagen

    Life science company operating at the intersection of food, pharma, and agri-technologies

    Traditional pharmaceuticals
    See in list
  4. Lifezen

    Manufacturer of eye care, nutritional supplements, and other healthcare needs

    Traditional pharmaceuticals
    See in list
  5. Jagdale

    Manufacturer and processor of food products

    Food & beverage products
    See in list
5 companies in BengaluruAll 283 alternative medicine products companies in India →

Nutraceutical & eye care healthcare product makers

Manufacturers of nutritional supplements, eye care and other healthcare products.

  1. Jagdale

    Manufacturer and processor of food products

    Food & beverage products
    See in list
  2. Lifezen

    Manufacturer of eye care, nutritional supplements, and other healthcare needs

    Traditional pharmaceuticals
    See in list
  3. Avesthagen

    Life science company operating at the intersection of food, pharma, and agri-technologies

    Traditional pharmaceuticals
    See in list
  4. Wintac

    Manufacturer of injectable and ophthalmic pharmaceutical products

    Traditional pharmaceuticals
    See in list
  5. Eyekenz

    Provider of ophthalmic products including surgical consumables, injectables, and biomedical equipment

    Traditional pharmaceuticals
    See in list
5 companies in BengaluruAll 343 traditional nutraceuticals companies in India →

Pharmaceutical & medical product distributors

Distributors and suppliers of generic drugs and medical products.

  1. Abuzz Healthcare

    Manufacturer and distributor of generic drugs

    Pharmaceutical distributors
    Website
  2. Eyekenz

    Provider of ophthalmic products including surgical consumables, injectables, and biomedical equipment

    Traditional pharmaceuticals
    See in list
  3. Sayre Therapeutics

    Provider of access to innovative therapies for rare and life-threatening diseases

    Traditional pharmaceuticals
    See in list
3 companies in BengaluruAll 345 pharmaceutical distributors companies in India →

Traditional pharmaceuticals startups in Bengaluru

Newer pharma companies founded in recent years in Bengaluru.

  1. Zenfold Sustainable Technologies

    Specialty and fine chemicals company focused on sustainable solutions

    Diversified chemicals
    See in list
  2. Araya Health

    Provider of drugs

    Traditional pharmaceuticals
    See in list
  3. Healitic Pharma

    Pharmaceutical company specializing in the development and manufacturing of a range of medicines, including anti-pyretics, anti-inflammatory, antibiotics, and anti-hypertensive

    Traditional pharmaceuticals
    Website
  4. Steps Bio

    Developer of generic sterile products and specialty sterile products for market

    Traditional pharmaceuticals
    Website
  5. Dr Roger's Derma

    Provider of dermatologist-created skin care products

    Traditional pharmaceuticals
    Website
7 companies in Bengaluru

Traditional pharmaceuticals companies hiring in Bengaluru

Pharma companies in Bengaluru with open jobs right now.

  1. Global Calcium

    Manufacturer of active pharmaceutical ingredients and mineral actives

    Traditional pharmaceuticals
    See in list
  2. Pharmed Limited

    Provider of therapeutic products

    Traditional pharmaceuticals
    See in list
  3. Symbio Generrics

    CDMO manufacturer of APIs and Intermediates

    Traditional pharmaceuticals
    See in list
  4. Bal Pharma

    Manufacturer of pharmaceutical APIs, formulations, and Ayurvedic products

    Traditional pharmaceuticals
    See in list
  5. Sayre Therapeutics

    Provider of access to innovative therapies for rare and life-threatening diseases

    Traditional pharmaceuticals
    See in list
8 companies in Bengaluru

Listed traditional pharmaceuticals companies in Bengaluru

Publicly traded pharma companies based in Bengaluru.

  1. Bal Pharma

    Manufacturer of pharmaceutical APIs, formulations, and Ayurvedic products

    Traditional pharmaceuticals
    See in list
  2. Biocon

    Provider of drug research and development services for multiple therapeutic areas

    Traditional pharmaceuticals
    See in list
  3. Strides Arcolab

    Manufacturer of IP-led niche finished dosage formulations and soft gelatin capsules

    Traditional pharmaceuticals
    Website
  4. astrazeneca pharma india

    AstraZeneca manufactures and sells cardiovascular, renal, oncology, and respiratory medicines.

    Traditional pharmaceuticals
    Website
4 companies in Bengaluru
The business behind the activity

Traditional pharmaceuticals financials in Bengaluru

Revenue, profit and growth from the filed annual accounts of 29 traditional pharmaceuticals companies in Bengaluru, Karnataka for FY24-25 — 32 of the 55 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 78% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹7,887.61 cr

29 companies filing accounts

combined net profit₹5,929.76 cr

75.2% aggregate margin

are profitable66%

19 of 29 companies

median revenue~₹25.8 cr

the typical company

median revenue growth+8%

into FY24-25

earned by the top five78%

revenue concentration

Six-year view

Combined revenue of filing companies

₹5,659.80 crFY19-2023 filers
₹6,160.81 crFY20-2126 filers
₹6,609.60 crFY21-2228 filers
₹7,328.40 crFY22-2329 filers
₹7,353.40 crFY23-2430 filers
₹7,887.61 crFY24-2529 filers

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

Like-for-like

The same 26 companies over three years

+9%
FY22-23₹7,209.79 cr₹2,942.78 cr net
FY23-24₹7,251.67 cr₹305.25 cr net
FY24-25₹7,857.06 cr₹5,930.21 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 cr40% profitable
₹1–10 cr757% profitable
₹10–100 cr771% profitable
₹100–1,000 cr989% profitable
Over ₹1,000 cr2100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking7
0–20%10
20–50%6
50–100%1
Doubled+3

27 companies with accounts for both years; median growth +8%.

Profitability

Profit is concentrated at the top

19profitable
10loss-making
75.2%aggregate margin
1.6%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
Zenfold Sustainable TechnologiesZENFOLD SUSTAINABLE TECHNOLOGIES PRIVATE LIMITED+116%₹71.04 cr
BioPlusBIOPLUS LIFE SCIENCES PRIVATE LIMITED+38%₹142.54 cr
WintacSOMERSET THERAPEUTICS PRIVATE LIMITED+35%₹297.65 cr
VPL ChemicalsVPL CHEMICALS PRIVATE LIMITED+23%₹57.32 cr
Intra LifeINTRA LIFE PRIVATE LIMITED+20%₹121.21 cr
UltralabsindiaULTRA LABORATORIES PRIVATE LIMITED+14%₹44.00 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Strides Pharma ScienceSTRIDES PHARMA SCIENCE LIMITED₹2,185.61 cr
BioconBIOCON LIMITED24.5%₹2,484.90 cr
Global CalciumGLOBAL CALCIUM PRIVATE LIMITED17.3%₹594.12 cr
Pharmed LimitedPHARMED LIMITED15.3%₹528.55 cr
WintacSOMERSET THERAPEUTICS PRIVATE LIMITED12.9%₹297.65 cr
BioPlusBIOPLUS LIFE SCIENCES PRIVATE LIMITED8.6%₹142.54 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Traditional pharmaceuticals27₹7,621.27 cr~₹22.7 cr70%78.4%
Leaders

Largest traditional pharmaceuticals companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
BioconBIOCON LIMITED₹2,484.90 cr₹609.30 cr24.5%+7%
Strides Pharma ScienceSTRIDES PHARMA SCIENCE LIMITED₹2,185.61 cr₹2,886.21 cr
Global CalciumGLOBAL CALCIUM PRIVATE LIMITED₹594.12 cr₹102.70 cr17.3%+2%
Pharmed LimitedPHARMED LIMITED₹528.55 cr₹80.75 cr15.3%+8%
Symbio GenerricsSymbio Generrics India Private Limited₹386.14 cr₹1.29 cr0.3%-14%
RSM PharmaR S M PHARMA PRIVATE LIMITED₹363.29 cr₹4.16 cr1.1%+6%
Bal PharmaBAL PHARMA LIMITED₹304.65 cr₹7.80 cr2.6%-11%
WintacSOMERSET THERAPEUTICS PRIVATE LIMITED₹297.65 cr₹38.40 cr12.9%+35%
JagdaleJAGDALE INDUSTRIES PRIVATE LIMITED₹195.30 cr−₹10.34 cr-5.3%+3%
BioPlusBIOPLUS LIFE SCIENCES PRIVATE LIMITED₹142.54 cr₹12.21 cr8.6%+38%
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

Accounting and Tax Software Industry Landscape of Bengaluru

The financials above are one chapter. The full traditional pharmaceuticals landscape of Bengaluru 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 traditional pharmaceuticals landscape of Bengaluru
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 pharmaceuticals funding and M&A across India

129 recorded equity rounds have gone to 2,116 traditional pharmaceuticals companies in India — how much, at which stage, into which sub-sectors, from whom, and how Bengaluru compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$270.00m

equity rounds, last 24 months4

US$276.13m

raised over five yearsUS$675.09m

30 rounds in India

M&A deals, India153

last 24 months

Capital by year

Equity funding into traditional pharmaceuticals in India

amount rounds
$395m20188
$57m20196
$33m20206
$143m20217
$139m20228
$31m20235
$87m20247
$5.9m20252
$270m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2018, with US$395.04m across 8 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$4.24m5 rounds · median US$289k
SeedUS$10.20m10 rounds · median US$606k
Series AUS$6.87m3 rounds · median US$3.43m
Series BUS$59.83m4 rounds · median US$13.72m
Series CUS$142.79m2 rounds · median US$71.40m
Series D+US$34.18m1 rounds · median US$34.18m
Private equityUS$416.97m5 rounds · median US$32.71m
Where the money went · five years

Most-funded sub-sectors

Traditional pharmaceuticalsUS$639.51m26 rounds · 20 companies
Biopharma outsourcingUS$34.18m1 rounds · 1 companies
Medical research labsUS$1.20m1 rounds · 1 companies
Food & beverage productsUS$200k1 rounds · 1 companies
Traditional nutraceuticalsUS$0k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

145Acquisition
8Merger

Most active acquirers

  1. Sun pharmaceutical industries10
  2. Biocon9
  3. Mankind pharma9
  4. Aurobindo pharma7
  5. Corona remedies6

Most acquired or merged

  1. Novartis india6
  2. La Renon Healthcare6
  3. Medley4
  4. Encube ethicals4
  5. Checkpoint therapeutics4

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

Go deeper in the traditional pharmaceuticals landscape reports:

Accounting and Tax Software Industry Landscape of Bengaluru AdTech Industry Landscape of Bengaluru AI Industry Landscape of Bengaluru

Traditional pharmaceuticals funding in Bengaluru

5 traditional pharmaceuticals companies in Bengaluru have recorded equity funding, US$53.36m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Bengaluru

Meet the people behind traditional pharmaceuticals companies in Bengaluru. 26 of 55 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring traditional pharmaceuticals in India and nearby markets.

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