About Tirupati Medicare
Tirupati Medicare is a Healthcare company based in Paonta Sahib (India) founded in 1980 by Narinder Pal Singh, Ajay Goel, Arun Goyal, and Ashok Goyal. Pharmaceutical products are manufactured under contract by Tirupati Medicare. Tirupati Medicare has raised $50.42 million across 4 funding rounds from investors including TBO, Affirma Capital and Arun Goyal. The company has 1,482 employees. Tirupati Medicare was last valued at $113.12 million in August 2019. Its website tirupatigroup.co.in draws about 13 thousand monthly visits. Its Indian entity Tirupati Medicare Limited reported revenue of ₹1,119 Cr. Tirupati Medicare offers products and services including Analgesics, Antibiotics, and Multivitamin Supplements. Its focus areas include Biopharma Outsourcing, Diversified and Biologics.
Company details
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.
- Headquarters Paonta Sahib, India
- Employees 1,482
- Founders Narinder Pal Singh, Ajay Goel, Arun Goyal, Ashok Goyal
- Stage Minicorn
- SectorsHealthcare
- Website tirupatigroup.co.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Tirupati Medicare Limited
- Date of Incorporation 16 Aug, 2005
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹1,119 Cr
FY 2025 · +6% YoY
- Net Loss-₹20.80 Cr
FY 2025 · -2% margin
- EBITDA₹52.18 Cr
FY 2025 · 5% margin
- Total Equity Funding$50.42M (USD)
in 4 rounds
- Latest Funding Round$50M (USD), Series B
Aug 2019
- InvestorsTBO
& 22 more
- Employee Count1,482
Associated legal entities of Tirupati Medicare
Tirupati Medicare is associated with 7 registered companies on The Company Check; the primary company is Tirupati Medicare Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tirupati Medicare Limited CIN U24233DL2005PLC139667 | Active | 16 Aug 2005 | New Delhi, Delhi | ₹1,119 Cr | 784 | 12 | View details |
| Tirupati Cylinders Private Limited CIN U74899DL2005PTC137278 | Active | 06 Jun 2005 | Delhi, India | View details | |||
| Tirupati Lifesciences Private Limited CIN U24299HP2020PTC008056 | Active | 29 Aug 2020 | Paonta Sahib, Himachal Pradesh | ₹351 Cr | 641 | 6 | View details |
| Tirupati Wellness Private Limited CIN U24299HP2020PTC008008 | Active | 08 Aug 2020 | Sirmaur, Himachal Pradesh | ₹415 Cr | 458 | 8 | View details |
| Newtramax Healthcare Private Limited CIN U24111HP2020PTC008045 | Active | 25 Aug 2020 | Sirmaur, Himachal Pradesh | ₹1.1 Cr | 5 | 3 | View details |
| Tirupati Natural Resources & Infra Private Limited CIN U10100MP2010PTC024422 | Active | 28 Sep 2010 | Mhow, Madhya Pradesh | ₹0.4 Cr | 3 | View details | |
| Tirupati Cylinders Private Limited CIN U74899UP2005PTC235676 | Active | 06 Jun 2005 | Muzaffarnagar, Uttar Pradesh | ₹46.0 Cr | 40 | 2 | View details |
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.
Apps and channels of Tirupati Medicare
its YouTube channel TIRUPATI GROUP has 533 subscribers and 10 videos.
Videos from Tirupati Medicare
The most watched videos on Tirupati Medicare's YouTube channel, TIRUPATI GROUP (533 subscribers). Click a video to play it here.
More on TIRUPATI GROUP.
Funding Insights of Tirupati Medicare
Tirupati Medicare has successfully raised a total of $50.42M 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.
- Total Funding $50.42M
- Total Rounds 4
- Last Round Series B — $50M
- First Round $1.13M
(Mar 2008)
- Investors Count 23
All 4 funding rounds of Tirupati Medicare with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2019 | $50M | Series B | $113.12M | TBO | |
| Sep 2015 | $151,834 | Angel Round | $5.11M | Neha Bansal | |
| Mar 2010 | $266,489 | Series A | $••••• | Maya Industries | |
| Mar 2008 | $1.13M | Unspecified | $••••• | internationalcylinders.com |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2019 | $113.12M | •••••••• |
| Sep 2015 | $5.11M | •••••••• |
| Mar 2010 | $••••• | •••••••• |
| Mar 2008 | $••••• | •••••••• |
Full valuation and stage history of Tirupati Medicare
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $113.12M (Aug 2019). 23 investors in total: 7 institutional and 16 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Acquisitions and buyouts are targeted by the private equity firm. | 2000 | affirmacapital.com | Singapore, Singapore | |
A leading global travel distribution platform is operated by TBO. | 2006 | tbo.com | Gurugram, India | |
Industrial products manufacturing services are provided by the company. | rsassociatesindia.in | |||
AG Arun Goyal | unknown_dec8392431c84b528 | |||
NB Neha Bansal | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_73ce2bef308f41399 | ||
AG Ashok Goyal | unknown_59e3d6820079455f8 | |||
AG Ajay Goyal | unknown_e71e802b700846f4a |
Investor details for Tirupati Medicare
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Tirupati Medicare Limited (Tirupati Medicare)
Tirupati Medicare Limited is the primary company behind Tirupati Medicare. The boards of the 6 registered companies of Tirupati Medicare currently have 16 directors; the longest-serving is Dinesh Goyal, appointed in 2005. 61 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dinesh Goyal DIN 00056489 | Director | 06 Jun 2005 | 21 yrs 5 mo | Tirupati Cylinders Private Limited, Tirupati Medicare Limited |
| Arun Goyal DIN 00056340 | Director | 16 Aug 2005 | 21 yrs 2 mo | Tirupati Medicare Limited, Tirupati Wellness Private Limited, Newtramax Healthcare Private Limited, Tirupati Lifesciences Private Limited |
| Ajay Goel DIN 00203434 | Director | 09 Nov 2005 | 21 yrs | Tirupati Medicare Limited |
| Harish Chandra Singhal DIN 03116406 | Director | 28 Sep 2010 | 16 yrs 1 mo | Tirupati Natural Resources & Infra Private Limited |
| Tapan Singhal DIN 03033481 | Director | 28 Sep 2010 | 16 yrs 1 mo | Tirupati Natural Resources & Infra Private Limited |
| Deepak Goyal DIN 03351110 | Whole-time director | 13 Jan 2022 | 4 yrs 9 mo | Tirupati Wellness Private Limited |
| Ashok Goyal DIN 00230597 | CEO | 29 Sep 2022 | 4 yrs 1 mo | Tirupati Medicare Limited, Tirupati Wellness Private Limited, Newtramax Healthcare Private Limited, Tirupati Lifesciences Private Limited |
| Anju Goyal DIN 00057491 | Director | 19 Mar 2023 | 3 yrs 7 mo | Tirupati Cylinders Private Limited |
| Yashvir Kumar Gupta DIN 07154803 | Director | 31 Mar 2023 | 3 yrs 7 mo | Tirupati Wellness Private Limited, Tirupati Lifesciences Private Limited |
| Asha Aggarwal DIN 09547170 | Director | 31 Mar 2023 | 3 yrs 7 mo | Tirupati Wellness Private Limited, Tirupati Lifesciences Private Limited |
| Manjeet Kumar DIN 10195463 | Director | 27 Sep 2023 | 3 yrs 1 mo | Tirupati Medicare Limited, Tirupati Wellness Private Limited, Newtramax Healthcare Private Limited, Tirupati Lifesciences Private Limited |
| Bharti Sharma DIN 10207325 | Director | 31 Mar 2024 | 2 yrs 7 mo | Tirupati Medicare Limited |
| Sarbesh Kumar Das DIN 03613327 | Director | 31 Mar 2024 | 2 yrs 7 mo | Tirupati Medicare Limited |
| Rahul Dilip Shah DIN 07717350 | Nominee Director | 26 Mar 2025 | 1 yr 7 mo | Tirupati Medicare Limited |
| Madhvi Pahwa DIN 11306936 | Director | 30 Sep 2025 | 1 yr 1 mo | Tirupati Medicare Limited |
| Parth Singhal DIN 09661598 | Additional Director | 15 Dec 2025 | 10 mo | Tirupati Natural Resources & Infra Private Limited |
People of Tirupati Medicare
10 people are tracked at Tirupati Medicare (6 in leadership, 3 in board & advisors, 1 in team); the tracked headcount is 1,482.
| Name | Role | Group |
|---|---|---|
Narinder Pal Singh | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Som Chopra | President & CFO | Leadership |
| Director, Business Development | Leadership | |
| Founder & Mentor | Board & advisors | |
Udai Dhawan | Director | Board & advisors |
Abhinav Dhall | Director | Board & advisors |
Vikram Dhiman | Deputy Manager | Team |
Complete people profiles for Tirupati Medicare
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Tirupati Medicare
Figures of Tirupati Medicare Limited, the primary company behind Tirupati Medicare, for FY 2025. Revenue was ₹1,119 Cr (+6% year on year). Net loss was -₹20.80 Cr (-2% margin). EBITDA was ₹52.18 Cr (5% margin). Revenue has grown at a compounded annual rate of +7% over three years and +16% over five years.
- ₹1,119 CrRevenue · FY 2025 · +6% YoY
- -₹20.80 CrNet loss · -2% margin
- ₹52.18 CrEBITDA · 5% margin
- ₹3.27 CrPaid-up capital
- 784Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tirupati Medicare Limited are on its company page.
Detailed financial statements for Tirupati Medicare
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Tirupati Medicare
4 dated milestones of Tirupati Medicare across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Tirupati Medicare is founded.
- Funding First funding round of $1.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $50.0M.
Web traffic of Tirupati Medicare
The website of Tirupati Medicare (tirupatigroup.co.in) receives about 12.7K visits a month.
- Monthly visits12.7K
▼ 31.4% vs previous month
Websites whose visitors overlap most with Tirupati Medicare. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| novolog.co.il | 100% | 2K | #6,667,133 | View details | |
| zeonlifesciences.com | 86% | 13.7K | #4,142,013 | View details | |
| proburst.com | 82% | 2.2K | #6,682,216 | View details | |
alvogen.is | alvogen.is | 62% | #6,586,123 | – | |
| indianpharma.in | 62% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Tirupati Medicare
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Biopharma Outsourcing & Drug Delivery
3 companies that operate in the same segment as Tirupati Medicare (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of integrated contract research development and manufacturing services | 2007 | Bengaluru, Karnataka, India | USD 35.74 M | USD 226.38 M | 2,062 | |
Pharmaceutical and biotechnology company | 2005 | Hyderabad, Telangana, India | USD 229.73 M | USD 726.15 M | 548 | |
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 557 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Tirupati Medicare
Complete news archive for Tirupati Medicare
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 $50.42M across 4 funding rounds to date. The company's 1st funding round was a Unspecified of $1.13M, raised on Mar 2008.
Tirupati Medicare has 1,482 employees.
The primary company behind Tirupati Medicare, Tirupati Medicare Limited, reported revenue of ₹1,119 Cr for FY 2025, up 6% year on year.
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.
Tirupati Medicare is associated with 6 legal entities: Tirupati Medicare Limited, Tirupati Cylinders Private Limited, Tirupati Wellness Private Limited and others.
The legal entities of Tirupati Medicare currently have 21 directors, including Anju Goyal, Dinesh Goyal, Manjeet Kumar and others.