About Indoco Remedies
Indoco Remedies is a company based in Mumbai (India) founded in 1947.. The company has 6,050 employees as of March 31, 2024. Indoco Remedies has completed 2 acquisitions, including FPP Holding Company and Florida Pharmaceutical Products. Indoco Remedies operates in a competitive market with competitors including Almac Group, Concord Biotech, BDR Pharmaceuticals Internationals, Aurobindo Pharma and Asymchem, among others.
- Headquarter Mumbai, India
- Employees 6050 as on 31 Mar, 2024
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Indoco Remedies Limited
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Annual Revenue
$192.31 M (USD)-8.17as on Mar 31, 2025
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Net Profit
$-8.63 M (USD)-174.89as on Mar 31, 2025
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EBITDA
$9.61 M (USD)-62.87as on Mar 31, 2025
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Latest Funding Round
- Investors
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Employee Count
6050
as on Mar 31, 2024
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Investments & Acquisitions
FPP Holding Company
& 1 more
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IPO & Listings of Indoco Remedies
Indoco Remedies is a publicly listed company on the NSE with ticker symbol INDOCO 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.
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Funding Insights of Indoco Remedies
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2012 | Amount | Post-IPO - Indoco Remedies | 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 Indoco Remedies
Indoco Remedies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Baring Private Equity Partners. 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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Private equity firm focusing on buyouts and investments in multiple sectors
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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 Indoco Remedies
Indoco Remedies has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include FPP Holding Company and Florida Pharmaceutical Products. 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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Generic solid and liquid dosage forms are manufactured.
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1999 | ||||
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Generic pharmaceutical products are distributed and marketed through specialized services.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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 - Indoco Remedies
| 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 |
Indoco Remedies Comparisons
Competitors of Indoco Remedies
Indoco Remedies 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 Almac Group, Concord Biotech, BDR Pharmaceuticals Internationals, Aurobindo Pharma and Asymchem, 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 |
Integrated CDMO services for biopharma R&D and manufacturing are offered.
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| domain | founded_year | HQ Location |
APIs and enzymes are manufactured through fermentation by the CDMO.
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| domain | founded_year | HQ Location |
APIs and finished products are developed and manufactured.
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| domain | founded_year | HQ Location |
Generic biocatalytic solutions are provided for pharmaceutical applications.
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| domain | founded_year | HQ Location |
APIs and peptides are developed and manufactured by Asymchem.
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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 Indoco Remedies
Frequently Asked Questions about Indoco Remedies
When was Indoco Remedies founded?
Indoco Remedies was founded in 1947 and raised its 1st funding round 65 years after it was founded.
Where is Indoco Remedies located?
Indoco Remedies is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Indoco Remedies have?
As of Mar 31, 2024, the latest employee count at Indoco Remedies is 6,050.
What is the annual revenue of Indoco Remedies?
Annual revenue of Indoco Remedies is $192.31M as on Mar 31, 2025.
What does Indoco Remedies do?
Indoco Remedies was founded in 1947 and is headquartered in Mumbai, India. Operations focus on the pharmaceutical sector, where active pharmaceutical ingredients (APIs) are manufactured alongside formulation services. Coverage includes therapeutic areas such as gastro-intestinal, respiratory, anti-infective, stomatologicals, ophthalmic, nutritionals, cardiovascular, anti-diabetics, and pain management. Leadership is provided by managing directors Sundeep V Bambolkar and Aditi Kare Panandikar.
Who are the top competitors of Indoco Remedies?
Indoco Remedies's top competitors include Concord Biotech, BDR Pharmaceuticals Internationals and Almac Group.
Is Indoco Remedies publicly traded?
Yes, Indoco Remedies is publicly traded on NSE under the ticker symbol INDOCO.
How many acquisitions has Indoco Remedies made?
Indoco Remedies has made 2 acquisitions, including FPP Holding Company, and Florida Pharmaceutical Products.
Who are Indoco Remedies's investors?
Indoco Remedies has 1 investor. Key investors include Baring Private Equity Partners.
What is Indoco Remedies's ticker symbol?
The ticker symbol of Indoco Remedies is INDOCO on NSE.