About Accutest Global
Accutest Global is a Healthcare company based in Mumbai (India) founded in 1998, and was acquired by Florintree in October 2022. Bioavailability and clinical development services are offered globally. The company has 18 employees. Its Indian entity Accutest Research Laboratories India Private Limited reported revenue of ₹40.93 Cr. Accutest Global offers products and services including BA/BE Studies, Clinical Development Services, and Biologics Characterization. Its focus areas include Biopharma Outsourcing, CRO, Clinical Development and Full Service.
Company details
Accutest Global was founded in 1998 as an independent contract research organization based in Mumbai, India. Services in bioavailabilitybioequivalence studies and Phase II-IV clinical development are provided, along with analytical characterization for biosimilars, novel biologics, and complex generics. Operations are conducted in India, Brazil, and Mexico to serve international clients. More than 2200 BABE studies and 550 ANDA filings have been completed.
- Headquarters Mumbai, India
- Employees 18
- Stage Acquired
- SectorsHealthcare
- Website accutestglobal.com
- Social LinkedIn Instagram
- Acquired by Florintree (Oct 2022)
- Legal Name Accutest Research Laboratories India Private Limited
- Date of Incorporation 08 Mar, 2001
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹40.93 Cr
FY 2024 · -48% YoY
- Net Loss-₹29.07 Cr
FY 2024 · -71% margin
- EBITDA-₹19.41 Cr
FY 2024 · -47% margin
- InvestorsGreater Pacific Capital
& 1 more
- Employee Count18
- Acquired by
Associated legal entities of Accutest Global
Accutest Global operates through Accutest Research Laboratories India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Accutest Research Laboratories India Private Limited CIN U24239MH2001PTC131153 | Active | 08 Mar 2001 | Thane, Maharashtra | ₹40.9 Cr | 18 | 3 | View details |
Products & Services of Accutest Global
Accutest Global offers a comprehensive portfolio of products and services, including BA/BE Studies, Clinical Development Services, and Biologics Characterization.
Conducts pharmacokinetic studies for generics and biosimilars.
Manages phases II to IV studies for small and large molecules.
Performs immunogenicity and clinical comparability studies.
Investors in Accutest Global
Accutest Global has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Greater Pacific Capital and Florintree.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management firm specializing in Asia, India, and impact investing services. | 2005 | greaterpacificcapital.com | London, United Kingdom | |
Privat equity firm | 2010 | florintree.com | Mumbai, India |
Investor details for Accutest Global
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Board of directors of Accutest Research Laboratories India Private Limited (Accutest Global)
Accutest Research Laboratories India Private Limited is the primary company behind Accutest Global. The board of Accutest Research Laboratories India Private Limited currently have 2 directors; the longest-serving is Uma Ramachandran, appointed in 2025. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Uma Ramachandran DIN 10235375 | Nominee Director | 07 Jun 2025 | 1 yr 4 mo | Accutest Research Laboratories India Private Limited |
| Devireddy Reddy Madhusudhana DIN 00899127 | Nominee Director | 07 Jun 2025 | 1 yr 4 mo | Accutest Research Laboratories India Private Limited |
People of Accutest Global
36 people are tracked at Accutest Global (3 in leadership, 33 in team); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
Atul Solankar | President, Global Business Development | Leadership |
Suhas Khandave | President, Clinical Services | Leadership |
Krishna Mohan | Vice President- Global Business Development- Accutest | Leadership |
Jayal Doshi | Sr Research Associate | Team |
Dharmesh Ghetia | Clinical Research Associate | Team |
Abhishek Mishra | Assistant Manager | Team |
Pramod Barve | Senior Lab Manager | Team |
Abhijeet Rasam | Sr Research Officer | Team |
Akhilesh Singh | Senior Research Associate | Team |
Amit Chavan | Group Leader | Team |
Chetan Patil | Clinical Research Associate | Team |
Chetan Thorat | Senior Research Officer | Team |
Deepak Parsai | Reseach Scientist Bioanalytical | Team |
Dr Pravin K | Sr.research Officer | Team |
Dr Urmila Khandave | Sr Research Associate In Ba/be | Team |
Nitul Shah | Senior Reseach Scientist/group Leader | Team |
Gayatri Patel | Senior Research Associate | Team |
Jayalaxmi G | Research Officer | Team |
Jyoti Singh | Research Officer Trainee | Team |
Karna Borude | Senior Research Associate | Team |
16 more people are available in the full profile.
Complete people profiles for Accutest Global
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Financials of Accutest Global
Figures of Accutest Research Laboratories India Private Limited, the primary company behind Accutest Global, for FY 2024. Revenue was ₹40.93 Cr (-48% year on year). Net loss was -₹29.07 Cr (-71% margin). EBITDA was -₹19.41 Cr (-47% margin). Revenue has grown at a compounded annual rate of -14% over three years and -20% over five years.
- ₹40.93 CrRevenue · FY 2024 · -48% YoY
- -₹29.07 CrNet loss · -71% margin
- -₹19.41 CrEBITDA · -47% margin
- ₹20.23 CrPaid-up capital
- 18Employees (provident fund records)
- -14%Revenue CAGR, 3 years
- -20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Accutest Research Laboratories India Private Limited are on its company page.
Detailed financial statements for Accutest Global
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Timeline of Accutest Global
3 dated milestones of Accutest Global across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Accutest Global is founded.
- Exit Acquired by Greater Pacific Capital.
- Exit Acquired by Florintree.
Web traffic of Accutest Global
The website of Accutest Global (accutestglobal.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 6.2% vs previous month
Top companies in Biopharma Outsourcing & Drug Delivery
3 companies that operate in the same segment as Accutest Global (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of integrated contract research development and manufacturing services | 2007 | Bengaluru, Karnataka, India | USD 35.74 M | USD 226.38 M | 1,820 | |
Pharmaceutical and biotechnology company | 2005 | Hyderabad, Telangana, India | USD 229.73 M | USD 726.15 M | 12,470 | |
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 4,260 |
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Frequently Asked Questions about Accutest Global
Accutest Global was founded in 1998.
Accutest Global is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Accutest Global has 18 employees.
The primary company behind Accutest Global, Accutest Research Laboratories India Private Limited, reported revenue of ₹40.93 Cr for FY 2024, down 48% year on year.
Accutest Global was founded in 1998 as an independent contract research organization based in Mumbai, India. Services in bioavailabilitybioequivalence studies and Phase II-IV clinical development are provided, along with analytical characterization for biosimilars, novel biologics, and complex generics. Operations are conducted in India, Brazil, and Mexico to serve international clients. More than 2200 BABE studies and 550 ANDA filings have been completed.
Accutest Global offers BA/BE Studies, Clinical Development Services, and Biologics Characterization.
Accutest Global has 2 investors. Key investors include Greater Pacific Capital, and Florintree.
Accutest Global operates through Accutest Research Laboratories India Private Limited.
Yes. Accutest Global was acquired by Florintree in October 2022.
The legal entities of Accutest Global currently have 3 directors, including Uma Ramachandran, Devireddy Reddy Madhusudhana, Anjali Bharatkumar Sampat.