About Dr Lal PathLabs
Dr Lal PathLabs is a company based in Gurugram (India) founded in 1949. Dr Lal PathLabs has raised $13.9 million across 3 funding rounds from investors including Life Insurance Corporation of India and WestBridge Capital. The company has 5,310 employees as of March 31, 2024. Dr Lal PathLabs has completed 4 acquisitions, including APL Institute of Clinical Laboratory & Research, Modern Lab and Shreepathologylab. Dr Lal PathLabs offers products and services including Diagnostic Tests, Radiology Services, and Health Packages. Dr Lal PathLabs operates in a competitive market with competitors including Redcliffe Labs, Sterling Accuris Diagnostics, Orange health, Metropolis India and Agilus Diagnostics, among others.
- Headquarter Gurugram, India
- Employees 5310 as on 31 Mar, 2024
- 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 Dr. Lal Pathlabs Limited
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Annual Revenue
$288.06 M (USD)10.54as on Mar 31, 2025
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Net Profit
$57 M (USD)36.17as on Mar 31, 2025
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EBITDA
$82.87 M (USD)14.21as on Mar 31, 2025
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Total Equity Funding
$13.9 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Life Insurance Corporation of India
& 1 more
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Employee Count
5310
as on Mar 31, 2024
- Investments & Acquisitions
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IPO & Listings of Dr Lal PathLabs
Dr Lal PathLabs is a publicly listed company on the NSE with ticker symbol LALPATHLAB in India, operating in the Health services 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 Dr Lal PathLabs
Dr Lal PathLabs offers a comprehensive portfolio of products and services, including Diagnostic Tests, Radiology Services, and Health Packages.
Comprehensive blood and lab tests for health diagnosis and screening
X-rays and MRIs for diagnostic medical imaging
Customized test bundles for preventive health checks
People of Dr Lal PathLabs
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Funding Insights of Dr Lal PathLabs
Dr Lal PathLabs has successfully raised a total of $13.9M across 3 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(02 Jun 2005)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Post-IPO - Dr Lal PathLabs | Valuation |
investors |
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| Jan, 2007 | Amount | Series A - Dr Lal PathLabs | Valuation |
investors |
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| Jun, 2005 | Amount | Series A - Dr Lal PathLabs | Valuation |
investors |
Investors in Dr Lal PathLabs
Dr Lal PathLabs has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Life Insurance Corporation of India and WestBridge Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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Founded Year | Domain | Location | |
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Life insurance and micro insurance services are provided in India.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dr Lal PathLabs
Dr Lal PathLabs has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include APL Institute of Clinical Laboratory & Research, Modern Lab and Shreepathologylab.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Diagnostic pathology and radiology services are offered by the laboratory.
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2015 | ||||
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Diagnostic labs are operated as a chain in India.
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1994 | ||||
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Clinical laboratory and research services are provided by senior pathologists.
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1975 |
Financial Statements - Dr Lal PathLabs
Dr Lal Pathlabs Comparisons
Competitors of Dr Lal PathLabs
Dr Lal PathLabs 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 Redcliffe Labs, Sterling Accuris Diagnostics, Orange health, Metropolis India and Agilus Diagnostics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Home-based diagnostic tests are booked via an online platform.
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| domain | founded_year | HQ Location |
Pathology diagnostic services are offered via a chain of labs.
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| domain | founded_year | HQ Location |
At-home diagnostic tests are booked and collected by phlebotomists.
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| domain | founded_year | HQ Location |
Diagnostic centers are operated as a nationwide chain.
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| domain | founded_year | HQ Location |
Leading diagnostic chain providing quality blood test and full body checkup services
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Frequently Asked Questions about Dr Lal PathLabs
Dr Lal PathLabs was founded in 1949 and raised its 1st funding round 56 years after it was founded.
Dr Lal PathLabs is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Bharath Uppiliappan is the current CEO of Dr Lal PathLabs.
Dr Lal PathLabs is a funded company, having raised a total of $13.9M across 3 funding rounds to date. The company's 1st funding round was a Series A of $9.6M, raised on Jun 02, 2005.
As of Mar 31, 2024, the latest employee count at Dr Lal PathLabs is 5,310.
Annual revenue of Dr Lal PathLabs is $288.06M as on Mar 31, 2025.
Chain of pathology and radiology labs. It offers a wide range of diagnostic tests, allows users to book tests online for home collection, and provides the convenience of downloading test reports securely and quickly. It provides resource for individuals seeking diagnostic services and blood tests.
Dr Lal PathLabs's top competitors include Redcliffe Labs, Metropolis India and Orange health.
Dr Lal PathLabs offers Diagnostic Tests, Radiology Services, and Health Packages.
Yes, Dr Lal PathLabs is publicly traded on NSE under the ticker symbol LALPATHLAB.
Dr Lal PathLabs has made 4 acquisitions, including APL Institute of Clinical Laboratory & Research, Modern Lab, and Shreepathologylab.
Dr Lal PathLabs has 2 investors. Key investors include Life Insurance Corporation of India, and WestBridge Capital.
The ticker symbol of Dr Lal PathLabs is LALPATHLAB on NSE.