About AxTalis
AxTalis is a Healthcare company based in Gentbrugge (Belgium) founded in 2020 by Frank Vanderdonck, and was acquired by Kester Capital in May 2024. Consulting company specializing in supporting pharmaceutical and medical device companies in regulatory affairs, market access, and medical affairs. Its chief executive, as recorded, is Frank Vanderdonck. Its Indian entity Ironsource India Private Limited reported revenue of βΉ21.75 Cr. AxTalis offers products and services including Regulatory Compliance, Medical Affairs, and Market Access - HEOR. Its focus areas include Services for Healthcare Providers and Consultancy Services.
Company details
AxTalis was founded in 2020 as a consultancy serving the pharmaceutical and medical device sectors. Assistance is offered in regulatory affairs, market access, and medical affairs. The firm is headquartered in Gentbrugge, Belgium, with operations covering Belgium, the Netherlands, and Luxembourg. Core services address compliance, reimbursement strategies, and scientific communication needs within these industries.
- Headquarters Gentbrugge, Belgium
- Founders Frank Vanderdonck
- Stage Acquired
- SectorsHealthcare
- Emailβ’β’β’β’β’β’β’β’
- Website axtalis.com
- Social LinkedIn
- Acquired by Kester Capital (May 2024)
- Legal Name Ironsource India Private Limited
- Date of Incorporation 26 Apr, 2016
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹21.75 Cr
FY 2025 · +206% YoY
- Indian entity net profit₹3.79 Cr
FY 2025 · 17% margin
- Indian entity EBITDA₹5.88 Cr
FY 2025 · 27% margin
- Investors
- Acquired byKester Capital
(May 2024)
Associated legal entities of AxTalis
AxTalis operates through Ironsource India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ironsource India Private Limited CIN U74300KA2016FTC092539 | Active | 26 Apr 2016 | Bangalore, Karnataka | ₹21.7 Cr | 21 | 4 | View details |
Products & Services of AxTalis
AxTalis offers a comprehensive portfolio of products and services, including Regulatory Compliance, Medical Affairs, and Market Access - HEOR.
Provides strategic advice for healthcare compliance and lifecycle management
Offers leadership for medical strategy and opportunity identification
Supports health economics and early stakeholder dialogues for access
Investors in AxTalis
AxTalis has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Kester Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Kester Capital is focused on private equity investments in technology and life sciences sectors. | kestercapital.com | London, United Kingdom |
Investor details for AxTalis
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Verified entity values are shown only after access is granted.
Board of directors of Ironsource India Private Limited (AxTalis)
Ironsource India Private Limited is the primary company behind AxTalis. The board of Ironsource India Private Limited currently have 4 directors; the longest-serving is Nora Sen Go, appointed in 2024. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nora Sen Go DIN 10531941 | Director | 04 Mar 2024 | 2 yrs 8 mo | Ironsource India Private Limited |
| Bhagavant Bedi DIN 08005696 | Director | 21 Nov 2024 | 1 yr 11 mo | Ironsource India Private Limited |
| Jasmine De Layton DIN 10792925 | Director | 08 Jul 2025 | 1 yr 4 mo | Ironsource India Private Limited |
| Shridhar Subbaraman Iyer DIN 07151577 | Director | 30 Oct 2025 | 1 yr | Ironsource India Private Limited |
People of AxTalis
13 people are tracked at AxTalis (3 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Frank Vanderdonck | Co-Founder & CEO | Leadership |
Melanie Van Riemsdijk | Director Market Access The Netherlands | Leadership |
Sven Tops | Managing Partner - Market Access | Leadership |
Marlies Boeren | Medical & Market Access Manager | Team |
Maud Brijs | Intern | Team |
Louise Vandevelde | Medical Manager | Team |
Kristof Theys | Health Economics & Data Science Manager | Team |
Chloe De Bruyne | Management Assistant | Team |
Yuju Ahn | Data Scientist | Team |
Nele Stichelbaut | Medical & Market Access Manager | Team |
Brently Berx | Interim | Team |
Monica Ricci | Sr. Medical & Market Access Manager | Team |
Domien Verdonck | Market Access Officer | Team |
Complete people profiles for AxTalis
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Verified entity values are shown only after access is granted.
Financials of AxTalis
Figures of Ironsource India Private Limited, the primary company behind AxTalis, for FY 2025. Revenue was ₹21.75 Cr (+206% year on year). Net profit was ₹3.79 Cr (17% margin). EBITDA was ₹5.88 Cr (27% margin). Revenue has grown at a compounded annual rate of +87% over three years and +59% over five years.
- ₹21.75 CrRevenue · FY 2025 · +206% YoY
- ₹3.79 CrNet profit · 17% margin
- ₹5.88 CrEBITDA · 27% margin
- ₹1 LakhPaid-up capital
- 21Employees (provident fund records)
- +87%Revenue CAGR, 3 years
- +59%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ironsource India Private Limited are on its company page.
Detailed financial statements for AxTalis
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Timeline of AxTalis
2 dated milestones of AxTalis across 4 years, from founding to its latest funding, stage changes and deals.
- Founded AxTalis is founded.
- Exit Acquired by Kester Capital.
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Related news about Axtalis
Complete news archive for AxTalis
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Frequently Asked Questions about AxTalis
AxTalis was founded in 2020.
AxTalis is headquartered in Gentbrugge, Belgium. It is registered at Gentbrugge, East Flanders, Belgium.
Frank Vanderdonck is the CEO of AxTalis, as recorded in our data. They have also founded this company.
The primary company behind AxTalis, Ironsource India Private Limited, reported revenue of βΉ21.75 Cr for FY 2025, up 206% year on year.
AxTalis was founded in 2020 as a consultancy serving the pharmaceutical and medical device sectors. Assistance is offered in regulatory affairs, market access, and medical affairs. The firm is headquartered in Gentbrugge, Belgium, with operations covering Belgium, the Netherlands, and Luxembourg. Core services address compliance, reimbursement strategies, and scientific communication needs within these industries.
AxTalis offers Regulatory Compliance, Medical Affairs, and Market Access - HEOR.
AxTalis has 1 investor. Key investors include Kester Capital.
AxTalis operates through Ironsource India Private Limited.
Yes. AxTalis was acquired by Kester Capital in May 2024.
The legal entities of AxTalis currently have 4 directors, including Nora Sen Go, Bhagavant Bedi, Shridhar Subbaraman Iyer and others.

