Koye

Mumbai, India Founded: 2013 • Age: 13 yrs Minicorn
Essential drugs for primary specialty care are manufactured.

About Koye

Koye is a Healthcare company based in Mumbai (India) founded in 2013 by Ravindra Yogesh Shenoy and Preetish Toraskar. Essential drugs for primary specialty care are manufactured. Koye has raised $46.86 million across 8 funding rounds from investors including BlackSoil, Peak XV Partners and InnoVen Capital. The company has 673 employees. Koye was last valued at $96.64 million in March 2017. Its Indian entity Koye Pharmaceuticals Private Limited reported revenue of β‚Ή129 Cr. Koye offers products and services including Health Products and Wellness Services. Its focus areas include Traditional Pharmaceuticals, Generics and Diversified.

Company details

Koye was established in 2013 in Mumbai, India, within the pharmaceutical sector. Essential drugs targeting ailments such as arthritis, iron deficiency, and asthma are produced for primary specialty care. Healthcare solutions recommended by physicians, referred by patients, and chosen by partners are provided. Investments from existing and new investors are currently being sought to support operations.

  • Headquarters Mumbai, India
  • Employees 673
  • Founders Ravindra Yogesh Shenoy, Preetish Toraskar
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website koye.co
  • Social LinkedIn X Facebook
  • Legal Name Koye Pharmaceuticals Pvt Ltd
  • Date of Incorporation 12 May, 2013
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹129 Cr

    FY 2025 · -4% YoY

  • Net Loss
    -₹12.28 Cr

    FY 2025 · -10% margin

  • EBITDA
    ₹29.43 Cr

    FY 2025 · 23% margin

  • Total Equity Funding
    $46.86M (USD)

    in 8 rounds

  • Latest Funding Round
    $4.11M (USD), Debt – Conventional

    Sep 2020

  • Investors
    BlackSoil

    & 3 more

  • Employee Count
    673

Products & Services of Koye

Koye offers a comprehensive portfolio of products and services, including Health Products and Wellness Services.

Health Products
Pharmaceuticals

Pharmaceutical products are developed and distributed to promote healthiness and happiness.

Wellness Services
Health Services

Services aimed at pursuing healthiness are offered through wellness initiatives.

Funding Insights of Koye

Koye has successfully raised a total of $46.86M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4.11 million completed in September 2020. 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 $46.86M
  • Total Rounds 8
  • Last Round Debt – Conventional β€” $4.11M
  • First Round $3.67M

    (Oct 2013)

  • Investors Count 4

All 8 funding rounds of Koye with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2020$4.11MDebt – Conventional––
Jul 2018$17.99MSeries C–Premji Invest
–
Mar 2017$8.46MSeries B$96.64MPeak XV Partners
–
Aug 2016$5.99MSeries A$97.82MPeak XV Partners
–
Jul 2016Debt – Venture––
Mar 2015$9.56MSeries A$β€’β€’β€’β€’β€’Peak XV Partners
–
Dec 2014$1.18MSeed$β€’β€’β€’β€’β€’Peak XV Partners
–
Oct 2013$3.67MSeed$β€’β€’β€’β€’β€’Peak XV Partners
–
Valuation history
DateValuationStage
Mar 2017$96.64Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2016$97.82Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Dec 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2013$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Koye

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Last known valuation $96.64M (Mar 2017). 4 investors in total: 4 institutional.

Investors in Koye

Koye has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include BlackSoil, Peak XV Partners and InnoVen Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Provides venture capital for technology startups and enterprise innovations worldwide.
premjiinvest.comBengaluru, India
Venture capital firm investing in startups and providing support programs.
2000peakxv.comBengaluru, India
Venture debt financing is extended to companies across multiple sectors.
2008innovencapital.comMumbai, India
Private debt is provided to growth-stage companies by BlackSoil.
2010blacksoil.co.inMumbai, India
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Investor details for Koye

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Board of directors of Koye Pharmaceuticals Private Limited (Koye)

Koye Pharmaceuticals Private Limited is the primary company behind Koye. The board of Koye Pharmaceuticals Private Limited currently have 3 directors; the longest-serving is Ravindra Yogesh Shenoy, appointed in 2013. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ravindra Yogesh Shenoy
DIN 00410124
Director16 Jul 201313 yrs 3 moKoye Pharmaceuticals Private Limited
Preetish Mohan Toraskar
DIN 05299763
Director09 Sep 201313 yrs 1 moKoye Pharmaceuticals Private Limited
Vishal Kaushik
DIN 11246169
Director27 Aug 20251 yr 2 moKoye Pharmaceuticals Private Limited

People of Koye

12 people are tracked at Koye (5 in leadership, 7 in team); the tracked headcount is 673.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
Surjit Hota
Assistant General Manager- SalesLeadership
Anandeep Chadha
Head Of FinanceLeadership
Ashu Gupta
Vice President Supply Chain ManagementLeadership
Manish Pal
Business ProfessionalTeam
Mudasir Wani
Business ManagerTeam
Vijay Vaishnav
Business Development ManagerTeam
Yadvendrapati Tripathi
DGM SalesTeam
Sachin Prabhudesai
Manager, Production Planning & OutsourcingTeam
Ronak Kariya
Regional ManagerTeam
Milapsingh Heero
Global BrandsTeam
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Financials of Koye

Figures of Koye Pharmaceuticals Private Limited, the primary company behind Koye, for FY 2025. Revenue was ₹129 Cr (-4% year on year). Net loss was -₹12.28 Cr (-10% margin). EBITDA was ₹29.43 Cr (23% margin). Revenue has grown at a compounded annual rate of -25% over three years and -13% over five years.

  • ₹129 CrRevenue · FY 2025 · -4% YoY
  • -₹12.28 CrNet loss · -10% margin
  • ₹29.43 CrEBITDA · 23% margin
  • ₹21.17 CrPaid-up capital
  • 673Employees (provident fund records)
  • -25%Revenue CAGR, 3 years
  • -13%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Koye Pharmaceuticals Private Limited are on its company page.

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Detailed financial statements for Koye

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Timeline of Koye

4 dated milestones of Koye across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Koye is founded.
  2. Funding First funding round of $3.7M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Debt – Conventional, of $4.1M.

Web traffic of Koye

The website of Koye (koye.co) receives about 6.3K visits a month.

  • Monthly visits
    6.3K

    ▲ 433.7% vs previous month

Similar websites

Websites whose visitors overlap most with Koye. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
macleodspharma.com
100%
23.3K#522,868View details
raysahelian.com
89%
View details
meherdistributors.com
71%
111.7K#277,055View details
icewarpcloud.in
icewarpcloud.in
29%
#126,894–

Top companies in Traditional Health & Nutrition

3 companies that operate in the same segment as Koye (Traditional Health & Nutrition) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Oral solid drug delivery systems are manufactured and developed.
1985Mumbai, Maharashtra, IndiaUSD 42.49 MUSD 89.42 M962
Generic, semi-solid, and liquid dosage forms are manufactured.
1990Bengaluru, Karnataka, IndiaUSD 508.93 M5,180
Specialty generic pharmaceuticals and APIs are manufactured and marketed.
1983Mumbai, Maharashtra, IndiaUSD 6.21 B25,870
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Related news about Koye

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Frequently Asked Questions about Koye

Koye was founded in 2013.

Koye is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Koye is a funded company, having raised a total of $46.86M across 8 funding rounds to date. The company's 1st funding round was a Seed of $3.67M, raised on Oct 2013.

Koye has 673 employees.

The primary company behind Koye, Koye Pharmaceuticals Private Limited, reported revenue of β‚Ή129 Cr for FY 2025, down 4% year on year.

Koye was established in 2013 in Mumbai, India, within the pharmaceutical sector. Essential drugs targeting ailments such as arthritis, iron deficiency, and asthma are produced for primary specialty care. Healthcare solutions recommended by physicians, referred by patients, and chosen by partners are provided. Investments from existing and new investors are currently being sought to support operations.

Koye offers Health Products and Wellness Services.

Koye has 4 investors. Key investors include BlackSoil, Peak XV Partners, InnoVen Capital, and Premji Invest.

The valuation of Koye is $96.64M as of Mar 2017.

Koye operates through Koye Pharmaceuticals Private Limited.

The legal entities of Koye currently have 5 directors, including Ravindra Yogesh Shenoy, Preetish Mohan Toraskar, Mitali Mukund Kulkarni and others.

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