About Discovery Labs
Discovery Labs is a company based in Hyderabad (India) founded in 2006. Discovery Labs has raised $245.31 thousand across 2 funding rounds from investors including M Vijaya Lakshmi, Y Lakshmi Narayana and J R Mahaveer. Discovery Labs offers products and services including Custom Synthesis, Contract Manufacturing, and Scale Up. Discovery Labs operates in a competitive market with competitors including Laurus Labs, Symbiotec, Provepharm Life Solutions, Beijing Biostar Technologies and SeQuent, among others.
- Headquarter Hyderabad, India
- Stage Minicorn
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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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- Legal Name Discovery Laboratories Private Limited
- Date of Incorporation 12 Dec, 2003
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$2.37 M (USD)-29.5as on Mar 31, 2023
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Net Profit
-$477.78 K (USD)-3347.2as on Mar 31, 2023
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EBITDA
$298.64 K (USD)-70.35as on Mar 31, 2023
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Total Equity Funding
$245.31 K (USD)
in 2 rounds
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Latest Funding Round
$34.78 K (USD), Angel Round
Mar 23, 2015
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Investors
& 15 more
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Employee Count
Not available
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Products & Services of Discovery Labs
Discovery Labs offers a comprehensive portfolio of products and services, including Custom Synthesis, Contract Manufacturing, and Scale Up.
Services for developing molecules from concept to commercialization.
Reliable supply of materials for IP holders in chemical industries.
Scaling molecules to commercial quantities with regulatory compliance.
Funding Insights of Discovery Labs
Discovery Labs has successfully raised a total of $245.31K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $34.78 thousand completed in March 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Discovery Labs
Discovery Labs has secured backing from 16 investors, including angel investors. Prominent investors backing the company include M Vijaya Lakshmi, Y Lakshmi Narayana and J R Mahaveer.
| Investor | Description | Founded Year | Domain | Location |
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M Vijaya Lakshmi |
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Y Lakshmi Narayana |
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JR
J R Mahaveer |
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Investor details for Discovery Labs
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Discovery Labs
Investment portfolio details for Discovery Labs
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Verified entity values are shown only after access is granted.
Financial Statements - Discovery Labs
Detailed financials for Discovery Labs
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Discovery Labs Comparisons
Peer comparison for Discovery Labs
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Competitors of Discovery Labs
Discovery Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Laurus Labs, Symbiotec, Provepharm Life Solutions, Beijing Biostar Technologies and SeQuent, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Pharmaceutical and biotechnology company
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Non-sterile steroid hormone-based APIs and intermediates are manufactured.
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APIs and drug products are developed and valorized in pharmaceuticals.
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APIs, intermediates, and biochemical reagents are developed and manufactured.
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APIs are developed and manufactured for therapeutic areas.
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Contract development, manufacturing, and analytical services for APIs are offered.
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Detailed competitors of Discovery Labs
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Latest news on Discovery Labs
Complete news archive for Discovery Labs
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Frequently Asked Questions about Discovery Labs
Discovery Labs was founded in 2006 and raised its 1st funding round 8 years after it was founded.
Discovery Labs is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Prashanth Manne is the current CEO of Discovery Labs.
Discovery Labs is a funded company, having raised a total of $245.31K across 2 funding rounds to date.
Annual revenue of Discovery Labs is $2.37M as on Mar 31, 2023.
Discovery Labs was established in 2006 in Hyderabad, India. Active pharmaceutical ingredients (APIs) and related pharmaceutical ingredients are produced by the company within the pharmaceutical sector. Operations are centered on manufacturing processes for drug components. The facility supports production for various pharmaceutical applications. Leadership is held by CEO Prashanth Manne, with activities based in India.
Discovery Labs's top competitors include Laurus Labs, Symbiotec and Beijing Biostar Technologies.
Discovery Labs offers Custom Synthesis, Contract Manufacturing, and Scale Up.
Discovery Labs has 16 investors. Key investors include M Vijaya Lakshmi, Y Lakshmi Narayana, J R Mahaveer, N Nirupa, and N Raja Babu Rao.
The valuation of Discovery Labs is $1.4M as of Mar 2015.