About Fortrea Development India Private Limited
Data last updated: 06 February 2026
Fortrea Development India Private Limited is a private limited company based in Bangalore North, Karnataka, India, a subsidiary of Fortrea Asia-Pacific Inc (Formerly: Labcorp Asia-Pacific Inc). It specialises in pharma contract r and d, a part of the broader pharmaceuticals sector. Incorporated on 10 July 2007, the company has been in operation for over 19 years.
Registered with ROC Bangalore under CIN U74999KA2007PTC190095.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.1 Lakh. Formerly known as Labcorp Drug Development Private Limited and Labcorp Drug Development India Private Limited. It is led by directors including David Howard Cooper and Rishi Raj Sharma.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore North, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹535.42 Cr, a growth of 3% compared to the previous year.
The company has a workforce of approximately 3,153 employees as per the latest available data. It operates as a subsidiary of Fortrea Asia-Pacific Inc (Formerly: Labcorp Asia-Pacific Inc).
The company is associated with 2 brands - Covance, Fortrea.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortrea.com.
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Registered AddressSattva Knowledge Court 2Nd Floor Wing B Plot No.9 Katha No. 299 Sy. No.77, Doddenakkundi Phase I Industrial Area Whitefield Road, Bangalore North, Karnataka, India – 560048
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IndustryPharma, Pharma Contract R&D
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Fortrea Development India Private Limited
Fortrea Development India Private Limited has undergone 3 name changes throughout its history. The company was previously known as Labcorp Drug Development Private Limited, Labcorp Drug Development India Private Limited, and Covance India Pharmaceutical Services Private Limited. The current legal name is Fortrea Development India Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Fortrea Development India Private Limited | Current |
| Labcorp Drug Development Private Limited | Previous |
| Labcorp Drug Development India Private Limited | Previous |
| Covance India Pharmaceutical Services Private Limited | Previous |
CIN History of Fortrea Development India Private Limited
Fortrea Development India Private Limited has one previous CIN (Corporate Identification Number): U74999MH2007PTC172206. The current CIN is U74999KA2007PTC190095, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999KA2007PTC190095 | Current |
| U74999MH2007PTC172206 | Previous |
Associated Brands with Fortrea Development India Private Limited
Fortrea Development India Private Limited operates two associated brands: Covance and Fortrea. These brands represent Fortrea Development India Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| CRO offering comprehensive drug development solutions from drug discovery to life cycle management | covance.com | |
| Provider of early & late phase clinical development, market access, and HEOR strategy services | fortrea.com |
Competitors & Alternatives of Fortrea Development India Private Limited
Brands and companies operating in the same space as Fortrea Development India Private Limited include LabCorp, Charles River Laboratories, Cytel and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
LabCorp
|
Provider of laboratory tests for physicians | Burlington, United States, United States | 1969 |
Charles River Laboratories
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Provider of drug discovery and preclinical development services | Wilmington, United States, United States | 1947 |
Cytel
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Data analysis and statistical solutions are provided for life sciences. | Cambridge, United States, United States | 1987 |
Precision Medicine Group
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Provider of clinical research, development, and commercialization services for life sciences | Bethesda, United States, United States | 2012 |
WuXi AppTec
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Provider of CRO and CDMO services | Shanghai, China, China | 2000 |
Precision for Medicine
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Company offering specialised R&D and clinical development services for the development of precision medicine based drugs and devices | Bethesda, United States, United States | 2013 |
ANI Pharmaceuticals
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Branded and generic prescription drugs are developed, manufactured, and marketed. | Baudette, United States, United States | 1996 |
Tenpoint Therapeutics
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Engineered cell-based therapeutics are developed to restore vision. | Cambridge, United Kingdom, United Kingdom | 2020 |
Taimei Technology
|
A digital intelligence platform is focused on life sciences activities. | Pleasanton, United States, United States | 2013 |
Frontage Laboratories
|
Early drug development services are provided for pharma firms. | Exton, United States, United States | 2001 |
Business Activity of Fortrea Development India Private Limited
Fortrea Development India Private Limited is engaged in the principal business activity of professional, scientific and technical activities, with detailed activities including other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
Business activity turnover details for Fortrea Development India Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Fortrea Development India Private Limited
Fortrea Development India Private Limited is audited by Vasan & Sampath LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vasan & Sampath LLP | Locked | Locked | Locked |
Complete auditor history for Fortrea Development India Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Fortrea Development India Private Limited
Fortrea Development India Private Limited is currently managed by 3 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| David Howard Cooper | Director | 30 Jun 2023 | 3 Years 1 Months | Current |
| Rishi Raj Sharma | Director | 11 Sep 2023 | 2 Years 11 Months | Current |
|
Hufriz Kaiky Karkaria
Also directs:
Fortrea Development India Private Limited
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Additional Director | 09 Jan 2026 | 0 Years 7 Months | Current |
Financials of Fortrea Development India Private Limited FY 2025 filings available
Fortrea Development India Private Limited reported revenue of ₹535.42 Cr (up 3.00% YoY) for FY 2025.
Ten-year financial statements for Fortrea Development India Private Limited
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Ownership and Shareholding of Fortrea Development India Private Limited
Shareholding and ownership data for Fortrea Development India Private Limited
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- Ownership categories
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Charges & Borrowings Fortrea Development India Private Limited
Fortrea Development India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Fortrea Development India Private Limited
Fortrea Development India Private Limited has a workforce of 3,153 employees as of Apr 02, 2024.
Employee and EPFO history for Fortrea Development India Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Fortrea Development India Private Limited
GST registrations and filing compliance for Fortrea Development India Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Fortrea Development India Private Limited
Credit ratings, litigation, and regulatory alerts for Fortrea Development India Private Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Fortrea Development India Private Limited
MSME payment history for Fortrea Development India Private Limited
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- Outstanding amounts
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Subsidiaries & Group Companies of Fortrea Development India Private Limited
Corporate group structure for Fortrea Development India Private Limited
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MCA Filings & Documents of Fortrea Development India Private Limited
MCA filings and documents for Fortrea Development India Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Fortrea Development India Private Limited
Frequently Asked Questions about Fortrea Development India Private Limited
Fortrea Development India Private Limited is an active private limited company in the pharma sector based in Bangalore North, Karnataka, India. It was incorporated on 10 July 2007 (19+ years old) and is registered under CIN U74999KA2007PTC190095. The company has 3,153 employees.
Fortrea Development India Private Limited reported revenue of ₹535.42 Cr for FY 2025 (up 3.00% YoY).
The current directors of Fortrea Development India Private Limited are:
- David Howard Cooper - Director
- Rishi Raj Sharma - Director
- Hufriz Kaiky Karkaria - Additional Director
The primary industry of Fortrea Development India Private Limited is pharma. The company specifically operates in pharma contract r and d. The company is currently active in this sector.
Fortrea Development India Private Limited can be reached at the registered office: Sattva Knowledge Court 2Nd Floor Wing B Plot No.9 Katha No. 299 Sy. No.77, Doddenakkundi Phase I Industrial Area Whitefield Road, Bangalore North, Karnataka, India – 560048, or through the website fortrea.com.
The authorised capital is ₹10 Lakh, and the paid-up capital is ₹5.1 Lakh.