About Vardhman Health
Vardhman Health is a company based in Bengaluru (India) founded in 1988 by Jayantilal B Chowhan was acquired by Aknamed in May 2021.. The company has 303 employees as of April 25, 2024. Vardhman Health offers products and services including SmartChain and SmartBuy. Vardhman Health operates in a competitive market with competitors including Unither, Akums, Jubilant Life Sciences, Recipharm and CoreRx, among others.
- Headquarter Bengaluru, India
- Employees 303 as on 25 Apr, 2024
- Founders Jayantilal B Chowhan
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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 Vardhman Health Specialities Private Limited
- Date of Incorporation 21 Mar, 1997
- Jurisdiction Bangalore South, Karnataka, India
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Products & Services of Vardhman Health
Vardhman Health offers a comprehensive portfolio of products and services, including SmartChain and SmartBuy. 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.
Platform for managing company supply chains in healthcare
Tool for hospital procurement and consumption optimization
Funding Insights of Vardhman Health
| 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 Vardhman Health
Vardhman Health has secured backing from 1 investor. Prominent investors backing the company include Aknamed. 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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Cloud and AI-based material management software for hospitals is offered.
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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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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 Vardhman Health
| 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 - Vardhman Health
| 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 |
Vardhman Health Comparisons
Competitors of Vardhman Health
Vardhman Health 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 Unither, Akums, Jubilant Life Sciences, Recipharm and CoreRx, 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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Contract development and manufacturing organization for proprietary and generic drugs
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CDMO focusing on spectrum of dosage forms and therapeutic segments
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Company offering a suite of R&D and manufacturing services for small molecules and generics
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Pharmaceutical development and manufacturing services are offered contractually.
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CDMO with a focus on early phase drug product development
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Cephalosporin APIs and generic formulations are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Vardhman Health
When was Vardhman Health founded?
Vardhman Health was founded in 1988.
Where is Vardhman Health located?
Vardhman Health is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Vardhman Health?
Naresh Jayantilal Chowhan is the current CEO of Vardhman Health.
How many employees does Vardhman Health have?
As of Apr 25, 2024, the latest employee count at Vardhman Health is 303.
What is the annual revenue of Vardhman Health?
Annual revenue of Vardhman Health is $72.09M as on Mar 31, 2023.
What does Vardhman Health do?
Vardhman Health was founded in 1988 in Bengaluru, India, as a pharmaceutical manufacturer. Tablets, capsules, syrups, and injectables are produced across therapeutic areas such as oncology, nephrology, hepatology, virology, cardiology, and neurology. Manufacturing facilities are certified by WHO, ensuring compliance with international standards. Operations focus on domestic and potential export markets in the healthcare sector.
Who are the top competitors of Vardhman Health?
Vardhman Health's top competitors include Jubilant Life Sciences, Akums and Nectar Lifesciences.
What products or services does Vardhman Health offer?
Vardhman Health offers SmartChain and SmartBuy.
Who are Vardhman Health's investors?
Vardhman Health has 1 investor. Key investors include Aknamed.