About Encube Ethicals
Encube Ethicals is a company based in Mumbai (India) founded in 1998 by Mehul Shah.. Encube Ethicals has raised $65.53 million across 2 funding rounds from investors including Quadria Capital, Multiples Alternate Asset Management and Gulf Islamic Investments. The company has 1,139 employees as of April 06, 2024. Encube Ethicals operates in a competitive market with competitors including Crown Laboratories, Famar, Curida, Contract Pharmaceuticals and Formulated Solutions, among others.
- Headquarter Mumbai, India
- Employees 1139 as on 06 Apr, 2024
- Founders Mehul Shah
- 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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Social
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- Legal Name Encube Ethicals Private Limited
- Date of Incorporation 07 Sep, 1995
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$121.17 M (USD)38.32as on Mar 31, 2023
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Net Profit
$16.1 M (USD)33.77as on Mar 31, 2023
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EBITDA
$28.22 M (USD)23.07as on Mar 31, 2023
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Total Equity Funding
$65.53 M (USD)
in 2 rounds
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Latest Funding Round
$34.18 M (USD), Series D
Jun 28, 2021
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Investors
Quadria Capital
& 4 more
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Employee Count
1139
as on Apr 06, 2024
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Funding Insights of Encube Ethicals
Encube Ethicals has successfully raised a total of $65.53M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $34.18 million completed in June 2021. 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 2
- Last Round Series D — $34.2M
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First Round
First Round
(21 Jul 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series D - Encube Ethicals | Valuation | Quadria Capital , Gulf Islamic Investments | |
| Jul, 2016 | Amount | Series C - Encube Ethicals | Valuation | Plenty Investment Advisors |
| 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 Encube Ethicals
Encube Ethicals has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Quadria Capital, Multiples Alternate Asset Management and Gulf Islamic Investments. 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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Healthcare private equity investments focused on Asian markets.
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Founded Year | Domain | Location | |
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Investments in multiple sectors are pursued through PE and VC.
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Founded Year | Domain | Location | |
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Investment partnerships, entrepreneur support, and profit-focused services in finance.
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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 Encube Ethicals
| 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 |
Financial Statements - Encube Ethicals
| 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 |
Encube Ethicals Comparisons
Competitors of Encube Ethicals
Encube Ethicals 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 Crown Laboratories, Famar, Curida, Contract Pharmaceuticals and Formulated Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
OTC, prescription, skin care, and oral care products are manufactured.
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| domain | founded_year | HQ Location |
Contract manufacturing and development services provider
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| domain | founded_year | HQ Location |
Liquid pharmaceuticals are developed via blow fill seal technology.
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| domain | founded_year | HQ Location |
CDMO focused on manufacturing of semi-solid pharmaceutical drugs
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| domain | founded_year | HQ Location |
Company offering CDMO services for the pharma (Rx and OTC), medical device, personal care and veterinary medicine sectors
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| 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 Encube Ethicals
Frequently Asked Questions about Encube Ethicals
When was Encube Ethicals founded?
Encube Ethicals was founded in 1998 and raised its 1st funding round 18 years after it was founded.
Where is Encube Ethicals located?
Encube Ethicals is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Encube Ethicals?
Kamesh Venugopal is the current CEO of Encube Ethicals.
Is Encube Ethicals a funded company?
Encube Ethicals is a funded company, having raised a total of $65.53M across 2 funding rounds to date. The company's 1st funding round was a Series C of $31.35M, raised on Jul 21, 2016.
How many employees does Encube Ethicals have?
As of Apr 06, 2024, the latest employee count at Encube Ethicals is 1,139.
What is the annual revenue of Encube Ethicals?
Annual revenue of Encube Ethicals is $121.17M as on Mar 31, 2023.
What does Encube Ethicals do?
Encube Ethicals was established in 1998 in Mumbai, India, focusing on the pharmaceutical sector. Contract development services for topical semisolid formulations are offered, encompassing formulation and analytical development, packaging design, lab-scale stability studies under ICH guidelines, and scale-up to commercialization. Manufacturing operations produce various semisolid products, including ointments, gels, creams, solutions, and lotions, at dedicated facilities.
Who are the top competitors of Encube Ethicals?
Encube Ethicals's top competitors include Famar, Crown Laboratories and Formulated Solutions.
Who are Encube Ethicals's investors?
Encube Ethicals has 5 investors. Key investors include Quadria Capital, Multiples Alternate Asset Management, Gulf Islamic Investments, Frontier Investment Holdings, and Plenty Investment Advisors.
What is Encube Ethicals's valuation?
The valuation of Encube Ethicals is $779.83M as of Jun 2021.
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