Puniska

Ahmedabad, India Founded: 2017 • Age: 9 yrs Acquired By Amneal
Therapeutic products are developed and manufactured by Puniska.
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About Puniska

Puniska is a company based in Ahmedabad (India) founded in 2017 by Karan Patel, Kalpesh Patel, and Shalin Patel was acquired by Amneal in November 2021.. The company has 506 employees as of September 30, 2023. Puniska operates in a competitive market with competitors including Almac Group, Indoco Remedies, Concord Biotech, BDR Pharmaceuticals Internationals and Aurobindo Pharma, among others.

  • Headquarter Ahmedabad, India
  • Employees 506 as on 30 Sep, 2023
  • Founders Karan Patel, Kalpesh Patel, Shalin Patel
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
    $8.32 M (USD)
    1130
    as on Mar 31, 2022
  • Net Profit
    $-15.86 M (USD)
    -484175
    as on Mar 31, 2022
  • EBITDA
    $-10.7 M (USD)
    -260426
    as on Mar 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    506

    as on Sep 30, 2023

  • Acquired by
    Amneal

    (Nov 02, 2021)

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Funding Insights of Puniska

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Puniska

Puniska has secured backing from 1 investor. Prominent investors backing the company include Amneal. 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.

All
Investor Description Founded Year Domain Location
Manufacturer of generics formulations
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Puniska

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Puniska

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Puniska Comparisons

Employees
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Competitors of Puniska

Puniska 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, Indoco Remedies, Concord Biotech, BDR Pharmaceuticals Internationals and Aurobindo Pharma, 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.
domain founded_year HQ Location
APIs manufacturing and formulation services are provided in therapeutic segments.
domain founded_year HQ Location
APIs and enzymes are manufactured through fermentation by the CDMO.
domain founded_year HQ Location
APIs and finished products are developed and manufactured.
domain founded_year HQ Location
Generic biocatalytic solutions are provided for pharmaceutical applications.
domain founded_year HQ Location
APIs and peptides are developed and manufactured by Asymchem.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Puniska

Frequently Asked Questions about Puniska

When was Puniska founded?

Puniska was founded in 2017.

Where is Puniska located?

Puniska is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

How many employees does Puniska have?

As of Sep 30, 2023, the latest employee count at Puniska is 506.

What is the annual revenue of Puniska?

Annual revenue of Puniska is $8.32M as on Mar 31, 2022.

What does Puniska do?

Puniska was founded in 2017 and is based in Ahmedabad, India. Operations center on the development and manufacturing of therapeutic products within the healthcare sector. Co-founders Karan Patel, Kalpesh Patel, and Shalin Patel oversee key activities. The companys domain, puniska.com, supports its online presence, with focus placed on product innovation and production processes tailored to therapeutic needs.

Who are the top competitors of Puniska?

Puniska's top competitors include Concord Biotech, BDR Pharmaceuticals Internationals and Almac Group.

Who are Puniska's investors?

Puniska has 1 investor. Key investors include Amneal.

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