Peerless Biotech
About Peerless Biotech
Peerless Biotech is a company based in Chennai (India) founded in 2001 was acquired by Entero Healthcare in May 2025.. The company has 214 employees as of April 05, 2024. Peerless Biotech offers products and services including In-Vitro Diagnostics and Home Healthcare.
- Headquarter Chennai, India
- Employees 214 as on 05 Apr, 2024
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Social
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- Legal Name Peerless Biotech Private Limited
- Date of Incorporation 11 May, 2001
- Jurisdiction Puram, Perungudi, Chennai - 96, Tamil Nadu, India
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Annual Revenue
$17.54 M (USD)0as on Mar 31, 2023
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Net Profit
$1.47 M (USD)0as on Mar 31, 2023
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EBITDA
$2.04 M (USD)0as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
214
as on Apr 05, 2024
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Acquired by
Entero Healthcare
(May 06, 2025)
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Products & Services of Peerless Biotech
Peerless Biotech offers a comprehensive portfolio of products and services, including In-Vitro Diagnostics and Home Healthcare. 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.
In-vitro diagnostic instruments and reagents are provided for clinical chemistry and immunology to support laboratory testing.
Home healthcare devices such as blood pressure monitors and thermometers are offered to facilitate monitoring in everyday settings.
Funding Insights of Peerless Biotech
| 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 Peerless Biotech
Peerless Biotech has secured backing from 1 investor. Prominent investors backing the company include Entero Healthcare. 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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India's leading healthcare products distribution platform
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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 Peerless Biotech
| 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 - Peerless Biotech
| 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 |
Peerless Biotech Comparisons
Competitors of Peerless Biotech
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Peerless Biotech
When was Peerless Biotech founded?
Peerless Biotech was founded in 2001.
Where is Peerless Biotech located?
Peerless Biotech is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
How many employees does Peerless Biotech have?
As of Apr 05, 2024, the latest employee count at Peerless Biotech is 214.
What is the annual revenue of Peerless Biotech?
Annual revenue of Peerless Biotech is $17.54M as on Mar 31, 2023.
What does Peerless Biotech do?
Peerless is recognized as a healthcare company that has been operating for over 20 years, focusing on the provision of affordable and high-quality medical devices and diagnostics. Products are distributed through a network of more than 750 distributors to support industry needs. Achievements include the establishment of manufacturing units and expansions into areas like home healthcare, with milestones such as product launches and mergers being noted. The companys efforts are aimed at enhancing access to reliable healthcare solutions, while strategic partnerships are utilized to drive growth and innovation.
What products or services does Peerless Biotech offer?
Peerless Biotech offers In-Vitro Diagnostics and Home Healthcare.
Who are Peerless Biotech's investors?
Peerless Biotech has 1 investor. Key investors include Entero Healthcare.
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