About Biocon
Biocon is a company based in Bengaluru (India) founded in 1978 by Kiran Mazumdar Shaw.. The company has 4,020 employees as of April 08, 2024. Biocon has completed 2 acquisitions, including Axicorp and Nobex Corp. Biocon offers products and services including Biosimilars and Generics.
- Headquarter Bengaluru, India
- Employees 4020 as on 08 Apr, 2024
- Founders Kiran Mazumdar Shaw
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Biocon Limited
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Annual Revenue
$1.78 B (USD)3.45as on Mar 31, 2024
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Net Profit
$118.34 M (USD)-0.9as on Mar 31, 2024
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EBITDA
$389.6 M (USD)-20.59as on Mar 31, 2024
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Latest Funding Round
$300 M (USD), Post-IPO
Apr 25, 2023
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Investors
Goldman Sachs
& 5 more
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Employee Count
4020
as on Apr 08, 2024
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Investments & Acquisitions
Axicorp
& 1 more
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IPO & Listings of Biocon
Biocon is a publicly listed company on the NSE with ticker symbol BIOCON in India, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Biocon
Biocon offers a comprehensive portfolio of products and services, including Biosimilars and Generics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Biosimilars are developed as cost-effective alternatives to biologic drugs for various therapeutic areas
Generics are manufactured for key therapeutic areas to provide affordable medication options
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Leadership Team
62 people
Software Development Team
13 people
Product Management Team
10 people
Head Team
7 people
Human Resources and Administration
7 people
Sales and Marketing
6 people
Senior Team
5 people
Operations Team
5 people
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Funding Insights of Biocon
- Total Funding Total Funding
- Total Rounds 7
- Last Round Post-IPO — $300.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Post-IPO - Biocon | Valuation |
investors |
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| Feb, 2023 | Amount | Post-IPO - Biocon | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Biocon | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Biocon
Biocon has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Kotak Mahindra Bank and Tata Capital Growth Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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ADQ is recognized as a leading sovereign investor focused on sustainable economic transformation in Abu Dhabi.
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Growth capital fund sponsored by the Tata group, focusing on investments and portfolio management.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Biocon
Biocon has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Axicorp and Nobex Corp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OTC drugs are manufactured by Axicorp in Germany.
|
2002 | ||||
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Blog on legal & personal attorney related topics
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1993 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Biocon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Biocon Comparisons
Competitors of Biocon
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Biocon
Frequently Asked Questions about Biocon
When was Biocon founded?
Biocon was founded in 1978 and raised its 1st funding round 25 years after it was founded.
Where is Biocon located?
Biocon is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Biocon?
Siddharth Mittal is the current CEO of Biocon.
How many employees does Biocon have?
As of Apr 08, 2024, the latest employee count at Biocon is 4,020.
What is the annual revenue of Biocon?
Annual revenue of Biocon is $1.78B as on Mar 31, 2024.
What does Biocon do?
Biocon was founded in 1978 in Bengaluru, India, within the biotechnology sector. Drug research and development services are offered across various therapeutic areas. Additional operations include research on gene therapy, API development, generic formulations, quality control, and scientific services. The company supports pharmaceutical innovation through these specialized offerings in the Indian market.
What products or services does Biocon offer?
Biocon offers Biosimilars and Generics.
Is Biocon publicly traded?
Yes, Biocon is publicly traded on NSE under the ticker symbol BIOCON.
How many acquisitions has Biocon made?
Biocon has made 2 acquisitions, including Axicorp, and Nobex Corp.
Who are Biocon's investors?
Biocon has 6 investors. Key investors include Goldman Sachs, Kotak Mahindra Bank, Tata Capital Growth Fund, Serum Life Sciences, and ADQ.
What is Biocon's ticker symbol?
The ticker symbol of Biocon is BIOCON on NSE.
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