About Tirupati Medicare
Tirupati Medicare is a company based in Paonta Sahib (India) founded in 1980 by Narinder Pal Singh, Ajay Goel, Arun Goyal, and Ashok Goyal. Tirupati Medicare has raised $51.55 million across 4 funding rounds from investors including TBO, Affirma Capital and Arun Goyal. The company has 784 employees as of May 18, 2024. Tirupati Medicare offers products and services including Analgesics, Antibiotics, and Multivitamin Supplements. Tirupati Medicare operates in a competitive market with competitors including Novartis, Catalent, Surrozen, Biotage and Curia, among others.
- Headquarter Paonta Sahib, India
- Employees 784 as on 18 May, 2024
- Founders Narinder Pal Singh, Ajay Goel, Arun Goyal, Ashok Goyal
- Stage Minicorn
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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 Tirupati Medicare Limited
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$116.66 M (USD)4.78as on Mar 31, 2023
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Net Profit
$4.9 M (USD)-26.65as on Mar 31, 2023
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EBITDA
$10.53 M (USD)-16.42as on Mar 31, 2023
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Total Equity Funding
$51.55 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series B
Aug 01, 2019
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Investors
TBO
& 22 more
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Employee Count
784
as on May 18, 2024
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Products & Services of Tirupati Medicare
Tirupati Medicare offers a comprehensive portfolio of products and services, including Analgesics, Antibiotics, and Multivitamin Supplements.
Medications for pain and inflammation management.
Drugs to combat bacterial infections effectively.
Nutritional products to boost immunity and wellbeing.
People of Tirupati Medicare
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Funding Insights of Tirupati Medicare
Tirupati Medicare has successfully raised a total of $51.55M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in August 2019. 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 Tirupati Medicare
Tirupati Medicare has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include TBO, Affirma Capital and Arun Goyal.
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Acquisitions and buyouts are targeted by the private equity firm.
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A leading global travel distribution platform is operated by TBO.
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Investor details for Tirupati Medicare
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Investments & Acquisitions by Tirupati Medicare
Investment portfolio details for Tirupati Medicare
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Financial Statements - Tirupati Medicare
Detailed financials for Tirupati Medicare
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Tirupati Medicare Comparisons
Peer comparison for Tirupati Medicare
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Competitors of Tirupati Medicare
Tirupati Medicare 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 Novartis, Catalent, Surrozen, Biotage and Curia, among others.
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R&D focused on manufacturing of drugs for multiple therapeutic areas
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CDMO offering drug and biologics development services
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Selective Wnt agonists are developed for human tissue regeneration.
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Organic synthesis, analytical, and peptide chemistry services for drug discovery and development
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Drug research, development, testing, and consulting services are provided.
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Provides contract research, development, and manufacturing services for biologic drugs.
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Detailed competitors of Tirupati Medicare
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Latest news on Tirupati Medicare
Complete news archive for Tirupati Medicare
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Frequently Asked Questions about Tirupati Medicare
Tirupati Medicare was founded in 1980 and raised its 1st funding round 28 years after it was founded.
Tirupati Medicare is headquartered in Paonta Sahib, India. It is registered at Paonta Sahib, Himachal Pradesh, India.
Tirupati Medicare is a funded company, having raised a total of $51.55M across 4 funding rounds to date.
As of May 18, 2024, the latest employee count at Tirupati Medicare is 784.
Annual revenue of Tirupati Medicare is $116.66M as on Mar 31, 2023.
Tirupati Medicare was founded in 1980 as a contract manufacturer within the pharmaceutical sector. Operations are based in Paonta Sahib, India, where production of pharmaceutical products is handled for external clients. The company was co-founded by Narinder Pal Singh, Ajay Goel, Arun Goyal, and Ashok Goyal. Focus remains on contract-based manufacturing services, supporting various entities in the industry without direct marketing or distribution.
Tirupati Medicare offers Analgesics, Antibiotics, and Multivitamin Supplements.
Tirupati Medicare has 23 investors. Key investors include TBO, Affirma Capital, Arun Goyal, Neha Bansal, and Ashok Goyal.
The valuation of Tirupati Medicare is $113.12M as of Aug 2019.