About Symed
Symed is a company based in Hyderabad (India) founded in 1997 by Parthasaradi Reddy and Mohan Rao Dodda was acquired by Viyash in November 2021.. The company has 949 employees as of April 08, 2024. Symed offers products and services including Active Pharmaceutical Ingredients and Contract Research Services. Symed operates in a competitive market with competitors including Laurus Labs, Symbiotec, Provepharm Life Solutions, Beijing Biostar Technologies and SeQuent, among others.
- Headquarter Hyderabad, India
- Employees 949 as on 08 Apr, 2024
- Founders Parthasaradi Reddy, Mohan Rao Dodda
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Symed Labs Limited
- Jurisdiction Shaikpet, Telangana, India
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Products & Services of Symed
Symed offers a comprehensive portfolio of products and services, including Active Pharmaceutical Ingredients and Contract Research Services. 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.
Production of high-quality APIs for pharmaceutical applications
Provision of chemistry-related solutions for the industry
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Funding Insights of Symed
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Symed
Symed has secured backing from 1 investor. Prominent investors backing the company include Viyash. 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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APIs and intermediates are manufactured by Viyash as a CDMO.
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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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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Symed
| 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 - Symed
| 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 |
Symed Comparisons
Competitors of Symed
Symed 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 Symed
Frequently Asked Questions about Symed
When was Symed founded?
Symed was founded in 1997.
Where is Symed located?
Symed is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
How many employees does Symed have?
As of Apr 08, 2024, the latest employee count at Symed is 949.
What is the annual revenue of Symed?
Annual revenue of Symed is $63.71M as on Mar 31, 2020.
What does Symed do?
Symed was founded in 1997 in Hyderabad, India, within the pharmaceutical sector. Active pharmaceutical ingredients are produced, alongside drug development services that support formulation and regulatory processes. Operations are centered in India, with a focus on API synthesis and custom development for global clients. Leadership includes co-founders Parthasaradi Reddy and Mohan Rao Dodda, who oversee manufacturing and strategic directions.
Who are the top competitors of Symed?
Symed's top competitors include Laurus Labs, Symbiotec and Beijing Biostar Technologies.
What products or services does Symed offer?
Symed offers Active Pharmaceutical Ingredients and Contract Research Services.
Who are Symed's investors?
Symed has 1 investor. Key investors include Viyash.