About PharmARC Analytic Solutions
PharmARC Analytic Solutions is a Business Services company based in Bengaluru (India) founded in 2003, and was acquired by IMS Health in January 2012. BPO services in healthcare and marketing analytics are provided. PharmARC Analytic Solutions has raised $10 million across 1 funding round from investors including IMS Health and Baring Private Equity Partners. The company has 5,628 employees. Its Indian entity Iqvia Analytics Services Private Limited reported revenue of βΉ1,450 Cr. Its focus areas include BPO Services and Horizontal. Its competitors include Datamatics, Quess and CESC; 1 of its 3 listed competitors has raised funding.
Company details
PharmARC Analytic Solutions was established in 2003 and is based in Bengaluru, India. Operations focus on business process outsourcing within the healthcare sector and marketing analytics. Services encompass data processing, analytical support, and operational efficiency for clients in these fields. The company operates primarily from its Indian location, serving global needs in specialized analytics.
- Headquarters Bengaluru, India
- Employees 5,628
- Stage Acquired
- SectorsBusiness Services
- Website pharmarc.com
- Acquired by IMS Health (Jan 2012)
- Legal Name Pharmarc Analytic Solutions Pvt Ltd
- Date of Incorporation 02 Dec, 2003
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1,450 Cr
FY 2025 · -3% YoY
- Net Profit₹188 Cr
FY 2025 · 13% margin
- EBITDA₹260 Cr
FY 2025 · 18% margin
- Total Equity Funding$10M (USD)
in 1 rounds
- Latest Funding Round$10M (USD), Private Equity Round
Aug 2006
- InvestorsIMS Health
& 1 more
- Employee Count5,628
- Acquired byIMS Health
(Jan 2012)
Associated legal entities of PharmARC Analytic Solutions
PharmARC Analytic Solutions operates through Iqvia Analytics Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Iqvia Analytics Services Private Limited CIN U74140KA2003PTC032950 | Active | 02 Dec 2003 | Bangalore, Karnataka | ₹1,450 Cr | 5,628 | 6 | View details |
Funding Insights of PharmARC Analytic Solutions
PharmARC Analytic Solutions has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $10 million completed in August 2006. 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 $10M
- Total Rounds 1
- Last Round Private Equity Round β $10M
- First Round $10M
(Aug 2006)
- Investors Count 1
All 1 funding rounds of PharmARC Analytic Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2006 | $10M | Private Equity Round | β | β |
2 investors in total: 2 institutional.
Investors in PharmARC Analytic Solutions
PharmARC Analytic Solutions has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include IMS Health and Baring Private Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focusing on buyouts and investments in multiple sectors | 1998 | bpepindia.com | Mumbai, India | |
SaaS and AI-based market intelligence is provided for healthcare companies. | 1954 | imshealth.com | Danbury, United States |
Investor details for PharmARC Analytic Solutions
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Board of directors of Iqvia Analytics Services Private Limited (PharmARC Analytic Solutions)
Iqvia Analytics Services Private Limited is the primary company behind PharmARC Analytic Solutions. The board of Iqvia Analytics Services Private Limited currently have 5 directors; the longest-serving is Prashant Parab, appointed in 2017. 24 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prashant Parab DIN 07708099 | Director | 13 Jan 2017 | 9 yrs 9 mo | Iqvia Analytics Services Private Limited |
| David Jacob Cossitt Levy DIN 08191095 | Director | 02 Aug 2018 | 8 yrs 2 mo | Iqvia Analytics Services Private Limited |
| Nilanjan Sinha DIN 07653553 | Director | 14 Sep 2018 | 8 yrs 1 mo | Iqvia Analytics Services Private Limited |
| Vardham Krishna Murthy Kumar Babu DIN 09082974 | Director | 26 Feb 2021 | 5 yrs 7 mo | Iqvia Analytics Services Private Limited |
| Gaurav Shankar Lal DIN 09060003 | Director | 03 Mar 2022 | 4 yrs 7 mo | Iqvia Analytics Services Private Limited |
Financials of PharmARC Analytic Solutions
Figures of Iqvia Analytics Services Private Limited, the primary company behind PharmARC Analytic Solutions, for FY 2025. Revenue was ₹1,450 Cr (-3% year on year). Net profit was ₹188 Cr (13% margin). EBITDA was ₹260 Cr (18% margin). Revenue has grown at a compounded annual rate of +10% over three years and +20% over five years.
- ₹1,450 CrRevenue · FY 2025 · -3% YoY
- ₹188 CrNet profit · 13% margin
- ₹260 CrEBITDA · 18% margin
- ₹3.52 CrPaid-up capital
- 5,628Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Iqvia Analytics Services Private Limited are on its company page.
Detailed financial statements for PharmARC Analytic Solutions
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Timeline of PharmARC Analytic Solutions
3 dated milestones of PharmARC Analytic Solutions across 9 years, from founding to its latest funding, stage changes and deals.
- Founded PharmARC Analytic Solutions is founded.
- Funding First funding round of $10.0M.
- Exit Acquired by IMS Health.
Competitors of PharmARC Analytic Solutions
PharmARC Analytic Solutions has 3 listed competitors in our database, 1 of them funded. They include Datamatics, Quess and CESC.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| quesscorp.com | 2007 | Bengaluru, India | 1,860 | Provider of outsourcing and business services | ||
| cesc.co.in | 1879 | Kolkata, India | 6,320 | Electricity generation and distribution are provided in eastern India. |
Detailed competitors of PharmARC Analytic Solutions
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Top companies in Business Process Outsourcing (BPO)
3 companies that operate in the same segment as PharmARC Analytic Solutions (Business Process Outsourcing (BPO)) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of outsourcing and business services | 2007 | Bengaluru, Karnataka, India | USD 1.63 B | 441,150 | ||
Cloud-based text analytics and cognitive automation services are provided. | 1975 | Mumbai, Maharashtra, India | USD 3 M | USD 211.78 M | 4,960 | |
Electricity generation and distribution are provided in eastern India. | 1879 | Kolkata, West Bengal, India | USD 1.98 B | 5,690 |
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Related news about Pharmarc Analytic Solutions
Complete news archive for PharmARC Analytic Solutions
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Frequently Asked Questions about PharmARC Analytic Solutions
PharmARC Analytic Solutions was founded in 2003 and raised its 1st funding round 3 years after it was founded.
PharmARC Analytic Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
PharmARC Analytic Solutions is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $10M, raised on Aug 2006.
PharmARC Analytic Solutions has 5,628 employees.
The primary company behind PharmARC Analytic Solutions, Iqvia Analytics Services Private Limited, reported revenue of βΉ1,450 Cr for FY 2025, down 3% year on year.
PharmARC Analytic Solutions was established in 2003 and is based in Bengaluru, India. Operations focus on business process outsourcing within the healthcare sector and marketing analytics. Services encompass data processing, analytical support, and operational efficiency for clients in these fields. The company operates primarily from its Indian location, serving global needs in specialized analytics.
PharmARC Analytic Solutions's top competitors include Quess, Datamatics and CESC.
PharmARC Analytic Solutions has 2 investors. Key investors include IMS Health, and Baring Private Equity Partners.
PharmARC Analytic Solutions operates through Iqvia Analytics Services Private Limited.
Yes. PharmARC Analytic Solutions was acquired by IMS Health in January 2012.
The legal entities of PharmARC Analytic Solutions currently have 6 directors, including Nilanjan Sinha, Gaurav Shankar Lal, Vardham Krishna Murthy Kumar Babu and others.

