About ERIs Life Sciences
ERIs Life Sciences is a company based in Ahmedabad (India) founded in 2007 by Amit Bakshi and Himanshu Shah.. ERIs Life Sciences has raised $43 million across 1 funding round from investors including ChrysCapital. The company has 3,560 employees as of March 31, 2024. ERIs Life Sciences has completed 3 acquisitions, including Eris Oaknet Healthcare, Swiss Parenterals and Uth Healthcare. ERIs Life Sciences offers products and services including Branded Formulations and Patient Care Services.
- Headquarter Ahmedabad, India
- Employees 3560 as on 31 Mar, 2024
- Founders Amit Bakshi, Himanshu Shah
- 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 Eris Lifesciences Ltd
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Annual Revenue
$338.08 M (USD)44.02as on Mar 31, 2024
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Net Profit
$41.12 M (USD)-10.26as on Mar 31, 2024
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EBITDA
$120.21 M (USD)46.86as on Mar 31, 2024
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Total Equity Funding
$43 M (USD)
in 1 rounds
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Latest Funding Round
$43 M (USD), Series A
Sep 06, 2011
- Investors
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Employee Count
3560
as on Mar 31, 2024
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Investments & Acquisitions
Eris Oaknet Healthcare
& 2 more
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IPO & Listings of ERIs Life Sciences
ERIs Life Sciences is a publicly listed company on the NSE with ticker symbol ERIS 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 ERIs Life Sciences
ERIs Life Sciences offers a comprehensive portfolio of products and services, including Branded Formulations and Patient Care Services. 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.
Branded formulations are developed by Eris for chronic diseases, covering areas like cardio-metabolic therapies and emerging fields such as dermatology and nephrology.
Patient care services are offered by Eris, including diagnostic support for diabetes and cardiovascular conditions, along with initiatives for pain and gynaecological management.
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Funding Insights of ERIs Life Sciences
ERIs Life Sciences has successfully raised a total of $43M through 1 strategic funding round. The most recent funding activity was a Series A round of $43 million completed in September 2011. 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 1
- Last Round Series A — $43.0M
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First Round
First Round
(06 Sep 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2011 | Amount | Series A - ERIs Life Sciences | 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 ERIs Life Sciences
ERIs Life Sciences has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ChrysCapital. 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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Investment firm focusing on private equity in sectors like financial services and healthcare.
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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 ERIs Life Sciences
ERIs Life Sciences has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Eris Oaknet Healthcare, Swiss Parenterals and Uth Healthcare. 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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Pharmaceutical products are manufactured by Eris Oaknet Healthcare in India.
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2011 | ||||
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Distributor of diabetes, obesity, and other drugs
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2011 | ||||
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Contract development and manufacturing for pharmaceutical products are offered.
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1986 |
| 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 - ERIs Life Sciences
| 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 |
Eris Life Sciences Comparisons
Competitors of ERIs Life Sciences
| 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 Eris Life Sciences
Frequently Asked Questions about ERIs Life Sciences
When was ERIs Life Sciences founded?
ERIs Life Sciences was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Where is ERIs Life Sciences located?
ERIs Life Sciences is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Is ERIs Life Sciences a funded company?
ERIs Life Sciences is a funded company, having raised a total of $43M across 1 funding round to date. The company's 1st funding round was a Series A of $43M, raised on Sep 06, 2011.
How many employees does ERIs Life Sciences have?
As of Mar 31, 2024, the latest employee count at ERIs Life Sciences is 3,560.
What is the annual revenue of ERIs Life Sciences?
Annual revenue of ERIs Life Sciences is $338.08M as on Mar 31, 2024.
What does ERIs Life Sciences do?
ERIs Life Sciences was founded in 2007 in Ahmedabad, India, within the pharmaceutical sector. Formulations for chronic diseases, particularly cardio-metabolic therapies, are produced. Expansion into dermatology, neuropsychiatry, womens health, and nephrology is underway. Studies are conducted, and patient care initiatives are offered to support diagnosis and management of chronic conditions across therapeutic areas.
What products or services does ERIs Life Sciences offer?
ERIs Life Sciences offers Branded Formulations and Patient Care Services.
Is ERIs Life Sciences publicly traded?
Yes, ERIs Life Sciences is publicly traded on NSE under the ticker symbol ERIS.
How many acquisitions has ERIs Life Sciences made?
ERIs Life Sciences has made 3 acquisitions, including Eris Oaknet Healthcare, Swiss Parenterals, and Uth Healthcare.
Who are ERIs Life Sciences's investors?
ERIs Life Sciences has 1 investor. Key investors include ChrysCapital.
What is ERIs Life Sciences's ticker symbol?
The ticker symbol of ERIs Life Sciences is ERIS on NSE.
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