About Coronet Labs
Coronet Labs is a Healthcare company based in Roorkee (India) founded in 2005 by ANKUR AGARWAL, and was acquired by Arvind Remedies in February 2012. Liquid and solid oral formulations are manufactured under contract. The company has 1 employees. Its focus areas include Biopharma Outsourcing, CDMO, Small Molecules & Peptides and Formulation. Its legal entity in India is Coronet Labs Private Limited (U24239TN2005PTC091040). Its competitors include Akums, Jubilant Life Sciences and Nectar Lifesciences; 2 of its 3 listed competitors have raised funding.
Company details
Coronet Labs was established in 2005 as a pharmaceutical contract manufacturer based in Roorkee, India. Solid and liquid oral dosage forms are produced at its facility. Clients such as Novartis, Cipla, Wanbury, Torrent, and IPCA Labs are served. Expansion efforts are underway to secure additional clients in the sector.
- Headquarters Roorkee, India
- Employees 1
- Founders ANKUR AGARWAL
- Stage Acquired
- SectorsHealthcare
- Website coronetlabs.in
- Social LinkedIn
- Acquired by Arvind Remedies (Feb 2012)
- Legal Name Coronet Labs Private Limited
- Date of Incorporation 14 Nov, 2005
- Jurisdiction Chennai, Tamil Nadu, India
- Investors
- Employee Count1
- Acquired byArvind Remedies
(Feb 2012)
Associated legal entities of Coronet Labs
Coronet Labs operates through Coronet Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Coronet Labs Private Limited CIN U24239TN2005PTC091040 | Active | 14 Nov 2005 | Chennai, Tamil Nadu | 3 | View details |
Investors in Coronet Labs
Coronet Labs has secured backing from 1 investor. Prominent investors backing the company include Arvind Remedies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufactures traditional pharmaceutical formulations including allopathic and ayurvedic products. | 1988 | arvindremedies.com | Chennai, India |
Investor details for Coronet Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Coronet Labs Private Limited (Coronet Labs)
Coronet Labs Private Limited is the primary company behind Coronet Labs. The board of Coronet Labs Private Limited currently have 3 directors; the longest-serving is Ankur Agarwal, appointed in 2005. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankur Agarwal DIN 01003199 | Director | 16 Nov 2005 | 20 yrs 11 mo | Coronet Labs Private Limited |
| Sivakumar DIN 07522561 | Additional Director | 10 Mar 2016 | 10 yrs 8 mo | Coronet Labs Private Limited |
| Dayanithi Sridhar DIN 07831368 | Additional Director | 25 May 2017 | 9 yrs 5 mo | Coronet Labs Private Limited |
People of Coronet Labs
1 people are tracked at Coronet Labs (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Coronet Labs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Coronet Labs
2 dated milestones of Coronet Labs across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Coronet Labs is founded.
- Exit Acquired by Arvind Remedies.
Competitors of Coronet Labs
Coronet Labs has 3 listed competitors in our database, 2 of them funded. They include Akums, Jubilant Life Sciences and Nectar Lifesciences.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| akums.in | 2004 | Delhi, India | $70M | 395 | CDMO focusing on spectrum of dosage forms and therapeutic segments | |
| jubl.com | 1978 | Noida, India | Company offering a suite of R&D and manufacturing services for small molecules and generics | |||
| neclife.com | 1995 | Chandigarh, India | $46.85M | 175 | Cephalosporin APIs and generic formulations are manufactured. |
Detailed competitors of Coronet Labs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Biopharma Outsourcing & Drug Delivery
3 companies that operate in the same segment as Coronet Labs (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 | 2,062 | |
Pharmaceutical and biotechnology company | 2005 | Hyderabad, Telangana, India | USD 229.73 M | USD 726.15 M | 548 | |
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 557 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Coronet Labs
Coronet Labs was founded in 2005.
Coronet Labs is headquartered in Roorkee, India. It is registered at Roorkee, Uttarakhand, India.
Coronet Labs has 1 employees.
Coronet Labs was established in 2005 as a pharmaceutical contract manufacturer based in Roorkee, India. Solid and liquid oral dosage forms are produced at its facility. Clients such as Novartis, Cipla, Wanbury, Torrent, and IPCA Labs are served. Expansion efforts are underway to secure additional clients in the sector.
Coronet Labs's top competitors include Jubilant Life Sciences, Akums and Nectar Lifesciences.
Coronet Labs has 1 investor. Key investors include Arvind Remedies.
Coronet Labs operates through Coronet Labs Private Limited.
Yes. Coronet Labs was acquired by Arvind Remedies in February 2012.
The legal entities of Coronet Labs currently have 3 directors, including Ankur Agarwal, Sivakumar, Dayanithi Sridhar.