About Sterling Biotech
Sterling Biotech is a company based in Mumbai (India) founded in 1985 was acquired by Perfect Day in April 2022.. The company has 249 employees as of March 27, 2025. Sterling Biotech operates in a competitive market with competitors including Laurus Labs, Symbiotec, Provepharm Life Solutions, Beijing Biostar Technologies and SeQuent, among others.
- Headquarter Mumbai, India
- Employees 249 as on 27 Mar, 2025
- Stage Public
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Sterling Biotech Limited
- Date of Incorporation 23 Mar, 1985
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$55.69 M (USD)7.51as on Mar 31, 2024
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Net Profit
$-2.25 M (USD)-100.32as on Mar 31, 2024
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EBITDA
$7.72 M (USD)12.73as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
249
as on Mar 27, 2025
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Acquired by
Perfect Day
(Apr 20, 2022)
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Funding Insights of Sterling Biotech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Sterling Biotech
Sterling Biotech has secured backing from 1 investor. Prominent investors backing the company include Perfect Day. 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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Dairy alternatives are produced via fermentation of plant-based sugars.
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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 Sterling 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 - Sterling 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 |
Sterling Biotech Comparisons
Competitors of Sterling Biotech
Sterling Biotech 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 Laurus Labs, Symbiotec, Provepharm Life Solutions, Beijing Biostar Technologies and SeQuent, 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 |
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| domain | founded_year | HQ Location |
Pharmaceutical and biotechnology company
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| domain | founded_year | HQ Location |
Non-sterile steroid hormone-based APIs and intermediates are manufactured.
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| domain | founded_year | HQ Location |
APIs and drug products are developed and valorized in pharmaceuticals.
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| domain | founded_year | HQ Location |
APIs, intermediates, and biochemical reagents are developed and manufactured.
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| domain | founded_year | HQ Location |
APIs are developed and manufactured for therapeutic areas.
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| domain | founded_year | HQ Location |
Contract development, manufacturing, and analytical services for APIs are offered.
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| 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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Latest news on Sterling Biotech
Frequently Asked Questions about Sterling Biotech
When was Sterling Biotech founded?
Sterling Biotech was founded in 1985.
Where is Sterling Biotech located?
Sterling Biotech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Sterling Biotech have?
As of Mar 27, 2025, the latest employee count at Sterling Biotech is 249.
What is the annual revenue of Sterling Biotech?
Annual revenue of Sterling Biotech is $55.69M as on Mar 31, 2024.
What does Sterling Biotech do?
Sterling Biotech is a drug API manufacturer. The company also manufactures gelatin from animal bones. Their capabilities include a research centre, pilot plant for scale up studies, facility of bioreactors and a range of down streaming process equipments. The Company produces various pharmaceutical products, such as Lovastatin, a cholesterol lowering drug, and oncology products. Its anti-cancer products include DOXO Rubicin, an anti-cancer chemotherapy drug; IDARUBICIN, an anti-cancer (antineoplastic or cytotoxic) chemotherapy drug; Daunorubicin, which is used to treat acute lymphocytic and myelocyticleukemias; IMATINIB, a drug used to treat certain cancers, and EPI Rubicin, an anthracycline drug used for chemotherapy. The Companys other products include DACARBAZINE, which is used to treat Hodgkin disease and malignant melanoma; Temozolamide, an oral alkylating agent used for the treatment of Grade IV astrocytoma, and Simvastatin, a lipid lowering drug. Sterling Biotechs manufacturing facility at Masar, Gujarat, is at par with international standards. It complies with cGMP norms complying to the standards of WHO and is in the process of getting CEP for the active pharmaceutical ingredient Epirubicin , Lovastatin;.
Who are the top competitors of Sterling Biotech?
Sterling Biotech's top competitors include Laurus Labs, Symbiotec and Beijing Biostar Technologies.
Who are Sterling Biotech's investors?
Sterling Biotech has 1 investor. Key investors include Perfect Day.