Company lists
The Haryana edition · 2026

Traditional pharmaceuticalscompanies in Haryana

Generic drugs, contract manufacturing, distributors & PCD, ayurvedic & nutraceutical, research & oncology and more: the companies building traditional pharmaceuticals in Haryana, with their founders, funding, team size and business models.

121 company profiles51 with reported revenue1 with recorded fundingOctober 2026 edition
Haryana · 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: 154 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

Thane-based Rubicon Research Limited has acquired an 85 per cent equity stake in Ahmedabad-based Arinna Lifesciences Limited, marking its entry into India's domestic formulations market,…

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

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, 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

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 · Pending

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

The companies have also made an offer to purchase an additional 26% stake from Novartis India's public shareholders, under takeover regulations that mandate such an exercise on the…

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

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 Haryana, by revenue

Browse traditional pharmaceuticals companies in Haryana 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 51 traditional pharmaceuticals companies in Haryana 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 generic drugs

Traditional pharmaceuticals
₹1,553.39 crFY 2024-25
+18%2024–2025
1,180+20% 12 mo to Mar 2024LinkedIn · Oct 2026
41 yr1985
0none in 3 months

Manufacturer and exporter of oral cephalosporin

Traditional pharmaceuticals
₹1,424.06 crFY 2024-25
-3%2024–2025
579+4% 12 mo to Sep 2024recorded Sep 2024
28 yr1998
0none in 3 months

Provider of drugs

Traditional pharmaceuticals
₹1,051.63 crFY 2024-25
-4%2024–2025
—Not available
40 yr1986
0none in 3 months

Laboratory focused on producing generic drugs

Traditional pharmaceuticals
₹368.56 crFY 2024-25
+15%2024–2025
631+26% 12 mo to Sep 2024LinkedIn · Oct 2026
36 yr1990
0none in 3 months

Provider of medical research labs

Traditional pharmaceuticals
₹261.89 crFY 2024-25
-8%2024–2025
323LinkedIn · Oct 2026
39 yr1987
1postings · last posted Sep 2026

Provider of pharmaceutical products

Traditional pharmaceuticals
₹120.60 crFY 2024-25
+16%2024–2025
211+5% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Manufacturer of medicines and pharmaceutical products

Traditional pharmaceuticals
₹64.64 crFY 2024-25
+6%2024–2025
3+0% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
0none in 3 months

Manufacturer of pharmaceutical tablets, injectables, and gastrointestinal drugs

Traditional pharmaceuticals
₹58.54 crFY 2024-25
+5%2024–2025
5-24% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Pharmaceutical company focused on manufacturing and marketing pharmaceutical formulations

Traditional pharmaceuticals
₹57.29 crFY 2024-25
+1%2024–2025
1-50% 12 mo to Sep 2024recorded Sep 2024
13 yr2013
0none in 3 months

Manufacturer & distributor of diversified drugs

Traditional pharmaceuticals
₹38.10 crFY 2024-25
+9%2024–2025
34+34% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Manufacturer of pharmaceutical bulk drugs

Traditional pharmaceuticals
₹38.07 crFY 2024-25
-26%2024–2025
15recorded Aug 2024
14 yr2012
0none in 3 months

Manufacture of pharmaceutical, cosmetic and veterinary formulations

Traditional pharmaceuticals
₹37.31 crFY 2024-25
+66%2024–2025
37LinkedIn · Jul 2026
38 yr1988
0none in 3 months

Manufacturer of pharmaceutical products including tablets, capsules, dry syrups, and injections

Traditional pharmaceuticals
₹36.31 crFY 2024-25
+25%2024–2025
—Not available
13 yr2013
0none in 3 months

CDMO focused on manufacturing of syrup and marketing services

Traditional pharmaceuticals
₹35.04 crFY 2024-25
+23%2024–2025
33LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Provider of health and responsibility solutions

Traditional pharmaceuticals
₹29.18 crFY 2021-22
Not reported
20-17% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Database Error

Traditional pharmaceuticals
₹27.25 crFY 2021-22
Not reported
9-18% 12 mo to Mar 2024recorded Mar 2024
—
—No postings tracked

Manufacturer and distributor of pharmaceutical, Ayurvedic, and nutraceutical products

Traditional pharmaceuticals
₹30.44 crFY 2024-25
+0%2024–2025
32LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Manufacturer of drugs

Traditional pharmaceuticals
₹29.87 crFY 2024-25
+15%2024–2025
32LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Manufacturer of generic pharmaceutical products

Traditional pharmaceuticals
₹24.15 crFY 2024-25
+28%2024–2025
36+157% 12 mo to Mar 2022LinkedIn · Jul 2026
17 yr2009
0none in 3 months · last posted Apr 2026

Provider of local radio broadcasting and online audio streaming services

Traditional pharmaceuticals
₹21.17 crFY 2024-25
+57%2024–2025
3LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Manufacturer of pharmaceutical tablets and capsules

Traditional pharmaceuticals
₹17.45 crFY 2024-25
+43%2024–2025
—Not available
5 yr2021
0none in 3 months

Provider of marketing research services for biopharma

Traditional pharmaceuticals
₹16.99 crFY 2024-25
+19%2024–2025
—Not available
12 yr2014
0none in 3 months

Manufacturer of tablets, capsules, injectable, syrups, and ointments

Traditional pharmaceuticals
₹14.75 crFY 2021-22
Not reported
37+9% 12 mo to Sep 2024LinkedIn · Jul 2026
59 yr1967
—No postings tracked

Provider of frozen food and hung meat transportation services

Traditional pharmaceuticals
₹14.49 crFY 2021-22
Not reported
—Not available
34 yr1992
0none in 3 months

Manufacturer of pharmaceutical, nutraceutical, herbal, and veterinary tablets, capsules, liquids

Traditional pharmaceuticals
₹15.97 crFY 2024-25
+6%2024–2025
46LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Jun 2026
50 of 121 companies shown here · the full list is on Radar
Fliar Radar

Explore all 121 traditional pharmaceuticals companies in Haryana on Radar

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

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  • Every company, not just 50All 121 traditional pharmaceuticals companies in Haryana, filterable by stage, funding, team size, revenue model and age.
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Explore traditional pharmaceuticals companies in Haryana by what you are looking for

Browse traditional pharmaceuticals companies in Haryana, including generic drug makers and contract manufacturers. Find traditional pharma companies, PCD franchise providers and startups in Haryana.

7 ways to explore traditional pharmaceuticals in Haryana

Generic drug manufacturersContract manufacturing & CDMO pharma companiesPharma distributors & PCD franchise companiesAyurvedic, herbal & nutraceutical companiesPharma research labs & specialty drug makersTraditional pharmaceuticals startups in Haryana

Generic drug manufacturers

Manufacturers of generic formulations, tablets, syrups and injectables.

  1. Laborate Pharmaceuticals

    Manufacturer of generic drugs

    Traditional pharmaceuticals
    See in list
  2. Moov India

    Provider of drugs

    Traditional pharmaceuticals
    See in list
  3. Brawn Labs

    Laboratory focused on producing generic drugs

    Traditional pharmaceuticals
    See in list
  4. Psychotropics India

    Provider of medical research labs

    Traditional pharmaceuticals
    See in list
  5. Glensmith

    Provider of pharmaceutical products

    Traditional pharmaceuticals
    See in list

Contract manufacturing & CDMO pharma companies

Third-party and contract manufacturers of pharmaceutical formulations.

  1. Afflatus Pharmaceuticals

    CDMO focused on manufacturing of syrup and marketing services

    Traditional pharmaceuticals
    See in list
  2. Vibcare Pharma

    Contract manufacturer of WHO-GMP certified pharmaceutical formulations

    Traditional pharmaceuticals
    See in list
  3. Nimbles Biotech

    Provider of pharmaceutical franchise and third-party manufacturing for pharmaceutical products

    Traditional pharmaceuticals
    See in list
  4. Dhanuka Laboratories

    Manufacturer and exporter of oral cephalosporin

    Traditional pharmaceuticals
    See in list

Pharma distributors & PCD franchise companies

Distributors and franchise-model pharma companies.

  1. Biomax Biotechnics

    Manufacturer & distributor of diversified drugs

    Traditional pharmaceuticals
    See in list
  2. Avanscure Lifesciences

    Manufacturer of pharmaceutical bulk drugs

    Traditional pharmaceuticals
    See in list
  3. Biotic Healthcare

    PCD pharma company offering franchise opportunities for pharmaceutical product distribution

    Traditional pharmaceuticals
    See in list
  4. Crystic Care

    Manufacturer of pharmaceutical formulations and PCD franchise provider

    Traditional pharmaceuticals
    Website
  5. pcd pharma franchise company in kurukshetra , haryana

    Meridiem is a top pharmaceuticals company in India, PCD Pharma Franchise Company in Kurukshetra , Haryana.

    Traditional pharmaceuticals
    Website

Ayurvedic, herbal & nutraceutical companies

Makers of ayurvedic medicines, nutraceuticals and food ingredients.

  1. Avanscure Lifesciences

    Manufacturer of pharmaceutical bulk drugs

    Traditional pharmaceuticals
    See in list
  2. Mantrust Pharma

    Ayurvedic manufacturing company that produces a range of herbal and Ayurvedic products, including capsules, syrups, and ointments, for various health applications

    Traditional pharmaceuticals
    Website
  3. Drugfarm Laboratories

    Manufacturer of generic liquid and solid formulations

    Traditional pharmaceuticals
    Website
  4. Hauz Pharma

    Manufacturer and distributor of pharmaceutical, Ayurvedic, and nutraceutical products

    Traditional pharmaceuticals
    See in list
  5. Sarthak

    Manufacturer of pharmaceutical, nutraceutical, herbal, and veterinary tablets, capsules, liquids

    Traditional pharmaceuticals
    See in list

Pharma research labs & specialty drug makers

Research laboratories and specialty drug makers such as oncology products.

  1. Brawn Labs

    Laboratory focused on producing generic drugs

    Traditional pharmaceuticals
    See in list
  2. Psychotropics India

    Provider of medical research labs

    Traditional pharmaceuticals
    See in list
  3. Afflatus Pharmaceuticals

    CDMO focused on manufacturing of syrup and marketing services

    Traditional pharmaceuticals
    See in list
  4. Getwell Oncology

    Wholesale trader of rubber belts and SKF bearings

    Traditional pharmaceuticals
    See in list
4 companies in Haryana

Traditional pharmaceuticals startups in Haryana

Newer pharmaceutical companies founded in recent years.

  1. Ritual Drugs

    Manufacturer of pharmaceutical tablets and capsules

    Traditional pharmaceuticals
    See in list
  2. Semlon Remedies

    Provider of pharmaceutical products, including oral liquids and hard gel capsules

    Traditional pharmaceuticals
    See in list
  3. Crystic Care

    Manufacturer of pharmaceutical formulations and PCD franchise provider

    Traditional pharmaceuticals
    Website
  4. Accott Healthcare

    Provider of healthcare management solutions, technology, and related advisory services

    Traditional pharmaceuticals
    Website
  5. Halefem

    Provider of gynecological PCD pharma franchise

    Traditional pharmaceuticals
    Website
5 companies in Haryana

Traditional pharmaceuticals companies hiring in Haryana

Companies in this sector with open roles right now.

  1. Psychotropics India

    Provider of medical research labs

    Traditional pharmaceuticals
    See in list
  2. Alchemy Medicine

    Manufacturer of generic pharmaceutical products

    Traditional pharmaceuticals
    See in list
  3. Sarthak

    Manufacturer of pharmaceutical, nutraceutical, herbal, and veterinary tablets, capsules, liquids

    Traditional pharmaceuticals
    See in list
3 companies in Haryana
The business behind the activity

Traditional pharmaceuticals financials in Haryana

Revenue, profit and growth from the filed annual accounts of 49 traditional pharmaceuticals companies in Haryana for FY24-25 — 55 of the 121 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₹4,603.08 cr

49 companies filing accounts

combined net profit₹465.04 cr

10.1% aggregate margin

are profitable96%

47 of 49 companies

median revenue~₹16.0 cr

the typical company

median revenue growth+11%

into FY24-25

earned by the top five81%

revenue concentration

Six-year view

Combined revenue of filing companies

₹3,157.72 crFY19-2047 filers
₹3,306.97 crFY20-2147 filers
₹4,659.44 crFY21-2248 filers
₹4,203.23 crFY22-2350 filers
₹4,529.47 crFY23-2449 filers
₹4,603.08 crFY24-2549 filers

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

Like-for-like

The same 47 companies over three years

+9%
FY22-23₹4,203.21 cr₹437.34 cr net
FY23-24₹4,524.19 cr₹568.04 cr net
FY24-25₹4,596.69 cr₹464.88 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 cr475% profitable
₹1–10 cr1894% profitable
₹10–100 cr21100% profitable
₹100–1,000 cr4100% 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

Shrinking12
0–20%24
20–50%8
50–100%2
Doubled+2

48 companies with accounts for both years; median growth +11%.

Profitability

Profit is concentrated at the top

47profitable
2loss-making
10.1%aggregate margin
1.8%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
AncalimaAncalima Lifesciences Limited+66%₹37.31 cr
Magnus Life SciencesMAGNUS LIFE SCIENCES PRIVATE LIMITED+57%₹21.17 cr
Ritual DrugsRITUAL DRUGS PRIVATE LIMITED+43%₹17.45 cr
Alchemy MedicineALCHEMY MEDICINE PRIVATE LIMITED+28%₹24.15 cr
Curehealth PharmaceuticalsCUREHEALTH PHARMACEUTICALS PRIVATE LIMITED+25%₹36.31 cr
Afflatus PharmaceuticalsAFFLATUS PHARMACEUTICALS PRIVATE LIMITED+23%₹35.04 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
G.G. Chemicals & PharmaceuticalsGG CHEMICALS AND PHARMACEUTICALS PRIVATE LIMITED38.0%₹56.58 cr
Moov IndiaRECKITT BENCKISER HEALTHCARE INDIA PRIVATE LIMITED25.6%₹1,051.63 cr
Solitaire PharmaciaSOLITAIRE PHARMACIA PRIVATE LIMITED13.6%₹56.82 cr
Magnus Life SciencesMAGNUS LIFE SCIENCES PRIVATE LIMITED12.5%₹21.17 cr
Brawn LabsBRAWN LABORATORIES LIMITED9.3%₹367.59 cr
IvaIVA HEALTHCARE PRIVATE LIMITED7.9%₹25.01 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Traditional pharmaceuticals49₹4,603.08 cr~₹16.0 cr96%10.1%
Leaders

Largest traditional pharmaceuticals companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Laborate PharmaceuticalsLABORATE PHARMACEUTICALS INDIA LTD₹1,553.39 cr₹91.14 cr5.9%+18%
Moov IndiaRECKITT BENCKISER HEALTHCARE INDIA PRIVATE LIMITED₹1,051.63 cr₹269.74 cr25.6%-4%
Dhanuka LaboratoriesDHANUKA LABORATORIES LIMITED₹509.53 cr₹12.19 cr2.4%-23%
Brawn LabsBRAWN LABORATORIES LIMITED₹367.59 cr₹34.37 cr9.3%+15%
Psychotropics IndiaPSYCHOTROPICS INDIA LIMITED₹254.44 cr₹9.51 cr3.7%-4%
GlensmithGLENSMITH LABS PRIVATE LIMITED₹120.60 cr₹5.06 cr4.2%+16%
TheogenTHEOGEN PRIVATE LIMITED₹64.64 cr₹2.56 cr4.0%+6%
Biochemix HealthcareBIOCHEMIX HEALTHCARE PRIVATE LIMITED₹57.29 cr₹63.77 lakh1.1%+1%
Solitaire PharmaciaSOLITAIRE PHARMACIA PRIVATE LIMITED₹56.82 cr₹7.70 cr13.6%+5%
G.G. Chemicals & PharmaceuticalsGG CHEMICALS AND PHARMACEUTICALS PRIVATE LIMITED₹56.58 cr₹21.52 cr38.0%-54%
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 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 Haryana 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, India154

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

146Acquisition
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 india7
  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.

Founders and momentum in Haryana

Meet the people behind traditional pharmaceuticals companies in Haryana. 43 of 121 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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