Summary for
Drugs and Therapeutics
Summary for Drugs and Therapeutics

Only DPIIT Recognized Startups

Incubators

58

Startups

292

Total Investment

₹46.20B

+ 14.15 %
last 12 mos

Total Loan

₹9.85B

Total Jobs

2.08K

Aggregate Revenue

₹19.88B

 FY25 
29 startups

Aggregate Valuation

₹16.27B

Total Realised Value

₹322.63B

Unicorns

9

IPOs

1

Startup Patents

893

Startup Landscape in India

Startups Incorporated

2016201820202022202405101520253035
Year of IncorporationNo. of Startups

Sectors of Startups

Investment from Equity Funding

20162018202020222024010002000300040005000600070008000
Amount (in ₹ Million)

Aggregate Startup Revenues

FY16FY18FY20FY22FY2405k10k15k20k
Amount (in ₹ Million)

Capital from Debt Funding

201620182020202220240500100015002000
Amount (in ₹ Million)

Startups by Age

< 11 - 33 - 55 - 77 - 10≥ 10020406080100120
Age of the Startup (Years)No. of Startups

Startups by Funding Stage

Pre-SeedSeedSeries ASeries BSeries CSeries D& aboveIPO051015202530
No. of Startups

Comparative View of States

Sl No. State Startups Till Date Women Founded Startups Total Incubators Funded Startups % Funded Startups Aggregate Funding Loan Funded Startups % Loan Funded Startups Aggregate Loan Funding Govt. Funds Debt Funds Angels VCs Last 3 Year Incorporation CAGR
1 Karnataka 86 41 8 53 61.63% ₹29.03B 22 25.58% ₹3.43B — — — — 1.19%
2 Maharashtra 52 26 4 31 59.62% ₹8.17B 11 21.15% ₹2.77B — — — — —
3 Telangana 40 19 10 14 35.00% ₹1.21B 13 32.50% ₹1.91B — — — — 1.72%
4 Tamil Nadu 25 15 12 16 64.00% ₹641.42M 4 16.00% ₹256.21M — — — — —
5 Delhi 22 7 5 10 45.45% ₹5.00B 5 22.73% ₹698.98M — — — — —
1 - 5 out of 36 States

List of all Startups

Sl No. Startup Name Founded Year Startup Status Total Funding Latest Available Valuation Total Loan No. of Jobs No. of Patents
1 2006 IPO Public company — kindly refer market data for real-time information 37
2 2006 Series A ₹4.10B — ₹2.01B — 1
3 2018 Series C ₹4.09B ₹1.28B (2020) — — 2
4 2024 Seed ₹3.59B — — 52 —
5 2010 Series D and above ₹2.85B ₹3.60B (2019) — — 29
1 - 5 out of 292 Startups

List of all Incubators

Sl No. Incubator Name No. of Startups
Supported
Startups Supported
1 45 ASPIEL SYRINGES, AiRTH and 43 more
2 38 AMATERASU LIFESCIENCES, AUR INNOVATIONS and 36 more
3 25 3Dcian, AMAISE and 23 more
4 27 AVINYA NEUROTECH, Ambee and 25 more
5 22 AHARX HEALTHTECH, AminoTech Health & Wellness and 20 more
1 - 5 out of 58 Incubators

Govt. Funds which supported Startups

Sl No. Govt. Fund Name No. of Startups Supported Startups Supported
1 24 AMPVIV HEALTHCARE PRIVATE LIMITED (in 2022), Adiuvo Diagnostics (in 2017) and 22 more
2 22 30M Genomics (in 2022), ACCORD INNOVATIONS PRIVATE LIMITED (in 2022) and 20 more
3 18 APPLIED GENOMICS (in 2022), AVINYA NEUROTECH (in 2023) and 16 more
4 17 BHAMIS RESEARCH LABORATORY (in 2023), Biosense (in 2017) and 15 more
5 17 4baseCare (in 2019), ACCORD INNOVATIONS PRIVATE LIMITED (in 2022) and 15 more
1 - 5 out of 39 Govt. Funds

Banks & FIs which supported Startups

Sl No. Bank / Financing Institution Name No. of Startups Supported Startups Supported
1 15 Anthem Biosciences (in 2017), CHROMOUS BIOTECH PVT LTD (in 2012) and 13 more
2 14 Althion (in 2024, 2021), Anthem Biosciences (in 2021) and 12 more
3 7 CHEMVEDA LIFE SCIENCES INDIA PVT LTD (in 2023), Clensta (in 2020) and 5 more
4 5 Avay Biosciences (in 2025), BioDimension (in 2024) and 3 more
5 4 BHAMIS RESEARCH LABORATORY (in 2023, 2015), Blackfrog Technologies (in 2023) and 2 more
1 - 5 out of 37 Debt. Funds

Angels who invested in Startups

Sl No. Angel Name No. of Startups
Invested
Startups Invested
1 4 AGATSA (in 2019), Ahammune Biosciences (in 2024) and 2 more
2 3 AGATSA (in 2019), Clensta (in 2020, 2019, 2018) and 1 more
3 3 4baseCare (in 2026), ImmunitoAI (in 2025) and 1 more
4 3 Althion (in 2024), Lamark Biotech (in 2025) and 1 more
5 2 Clensta (in 2018), Vitas Pharma (in 2015)
1 - 5 out of 212 Angels

VCs who invested in Startups

Sl No. VC Name No. of Startups
Invested
Startups Invested
1 12 AGATSA (in 2019), Ahammune Biosciences (in 2024, 2021) and 10 more
2 5 HEALTHSEQ PRECISION MEDICINE PVT LTD (in 2020), Mimyk (in 2020) and 3 more
3 5 Ahammune Biosciences (in 2024, 2021), Epigeneres Biotech (in 2022) and 3 more
4 5 Oncophenomics (in 2022), Pragmatech Healthcare Solutions (in 2022) and 3 more
5 4 Clensta (in 2023), Epigeneres Biotech (in 2022) and 2 more
1 - 5 out of 207 VCs
disclaimer
Information provided here has been integrated and curated from multiple public as well as proprietary sources. All efforts have been taken to make it accurate and complete.
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