Sterling Accuris Diagnostics

Ahmedabad, India Founded: 2015 • Age: 11 yrs
Pathology diagnostic services are offered via a chain of labs.
Annual revenue $21.4M Latest available
Total funding $41.7M 4 rounds
Employees 1122 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Sterling Accuris Diagnostics

Sterling Accuris Diagnostics is a company based in Ahmedabad (India) founded in 2015 by Rajiv Sharma. Sterling Accuris Diagnostics has raised $41.69 million across 4 funding rounds from investors including Morgan Stanley, Nhpea Nanda Devi Holding and Udhay Vi Realty. The company has 1,122 employees as of April 08, 2024. Sterling Accuris Diagnostics has completed 3 acquisitions, including Gujarat Pathology Laboratory, VIP Pathology Lab and Vaibhav Analytical. Sterling Accuris Diagnostics operates in a competitive market with competitors including Dr Lal PathLabs, Redcliffe Labs, Orange health, Metropolis India and Agilus Diagnostics, among others.

  • Headquarter Ahmedabad, India
  • Employees 1122 as on 08 Apr, 2024
  • Founders Rajiv Sharma
  • Stage Minicorn
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Sterling Accuris Wellness Private Limited
  • Date of Incorporation 26 Sep, 2014
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $21.42 M (USD)
    28.89
    as on Mar 31, 2022
  • Net Profit
    $473.99 K (USD)
    -14.47
    as on Mar 31, 2022
  • EBITDA
    $2.21 M (USD)
    26.56
    as on Mar 31, 2022
  • Total Equity Funding
    $41.69 M (USD)

    in 4 rounds

  • Latest Funding Round
    $34 M (USD), Series C

    Sep 24, 2021

  • Investors
  • Employee Count
    1122

    as on Apr 08, 2024

  • Investments & Acquisitions
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Funding Insights of Sterling Accuris Diagnostics

Sterling Accuris Diagnostics has successfully raised a total of $41.69M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $34 million completed in September 2021. 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.

Investors in Sterling Accuris Diagnostics

Sterling Accuris Diagnostics has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Morgan Stanley, Nhpea Nanda Devi Holding and Udhay Vi Realty.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund focused on healthcare and multiple sectors
Locked Locked Locked
Multiple sectors are invested in by this private equity firm.
Locked Locked Locked
Wealth management, investment advisory, and financial services are provided.
Locked Locked Locked
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Investor details for Sterling Accuris Diagnostics

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Investments & Acquisitions by Sterling Accuris Diagnostics

Sterling Accuris Diagnostics has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Gujarat Pathology Laboratory, VIP Pathology Lab and Vaibhav Analytical.

Investments
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Investment portfolio details for Sterling Accuris Diagnostics

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Pharmaceutical testing and research are conducted by the laboratory.
Locked Locked 1999 Locked
A chain of pathology laboratories and diagnostic centers is operated.
Locked Locked 1998 Locked
A chain of pathology labs for diagnostic testing is operated.
Locked Locked 1997 Locked
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Financial Statements - Sterling Accuris Diagnostics

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Sterling Accuris Diagnostics Comparisons

Sterling Accuris Diagnostics Primary company
Description
Pathology diagnostic services are offered via a chain of lab...
Location
Ahmedabad, India
Founded Year
2015
Annual Revenue
$21.42 M (USD)
Net Profit
$473.99 K (USD)
EBITDA
$2.21 M (USD)
Employees
1,122
As of 2024
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Peer comparison for Sterling Accuris Diagnostics

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Competitors of Sterling Accuris Diagnostics

Sterling Accuris Diagnostics 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 Dr Lal PathLabs, Redcliffe Labs, Orange health, Metropolis India and Agilus Diagnostics, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Chain of pathology and radiology labs
Locked Locked Locked
Home-based diagnostic tests are booked via an online platform.
Locked Locked Locked
At-home diagnostic tests are booked and collected by phlebotomists.
Locked Locked Locked
Diagnostic centers are operated as a nationwide chain.
Locked Locked Locked
Leading diagnostic chain providing quality blood test and full body checkup services
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Detailed competitors of Sterling Accuris Diagnostics

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Latest news on Sterling Accuris Diagnostics

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Complete news archive for Sterling Accuris Diagnostics

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Frequently Asked Questions about Sterling Accuris Diagnostics

Sterling Accuris Diagnostics was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Sterling Accuris Diagnostics is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Rajiv Sharma is the current CEO of Sterling Accuris Diagnostics. They have also founded this company.

Sterling Accuris Diagnostics is a funded company, having raised a total of $41.69M across 4 funding rounds to date.

As of Apr 08, 2024, the latest employee count at Sterling Accuris Diagnostics is 1,122.

Annual revenue of Sterling Accuris Diagnostics is $21.42M as on Mar 31, 2022.

Sterling Accuris Diagnostics was founded in 2015 and is headquartered in Ahmedabad, India. Operations focus on the healthcare sector, specifically pathology and diagnostic testing. A network of labs is maintained to deliver clinical testing services, including blood analysis and other diagnostic procedures, primarily serving patients across India. The company is led by founder and CEO Rajiv Sharma.

Sterling Accuris Diagnostics's top competitors include Dr Lal PathLabs, Redcliffe Labs and Metropolis India.

Sterling Accuris Diagnostics has made 3 acquisitions, including Gujarat Pathology Laboratory, VIP Pathology Lab, and Vaibhav Analytical.

Sterling Accuris Diagnostics has 7 investors. Key investors include Morgan Stanley, Nhpea Nanda Devi Holding, Udhay Vi Realty, Girishbhai Naranbhai Patel, and Rajiv Sharma.

The valuation of Sterling Accuris Diagnostics is $95.03M as of Sep 2021.

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