When was Dr Lal PathLabs founded?

Dr Lal PathLabs was founded in 1949 and raised its 1st funding round 56 years after it was founded.

Where is Dr Lal PathLabs located?

Dr Lal PathLabs is headquartered in Gurugram, India. It is registered at Block E, Sector-18 Rohini, North West, NEW DELHI, Delhi, India, 110085.

Who is the current CEO of Dr Lal PathLabs?

Shankha Banerjee of Dr Lal PathLabs.

How many employees does Dr Lal PathLabs have?

As of Mar 31, 2025, the latest employee count at Dr Lal PathLabs is 4980.

Is Dr Lal PathLabs a funded company?

Dr Lal PathLabs is a funded company, having raised a total of $13.9M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 02, 2005.

When was the latest funding round of Dr Lal PathLabs?

Dr Lal PathLabs' latest funding was a $***** Post IPO round on Dec 2021, with participation from 1 investor.

What is the annual revenue of Dr Lal PathLabs?

Annual revenue of Dr Lal PathLabs is more than ₹1,000 Cr as on Mar 31, 2025

Where does Dr Lal PathLabs rank among its competitors?

Dr Lal PathLabs ranks 1st amongst 73 active competitors, of which 8 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Orange Health, which secured $30M in May, 2026.

Who are the top competitors of Dr Lal PathLabs?

Dr Lal PathLabs' top competitors include MedGenome, Orange Health and Metropolis India. Among them, Orange Health secured the most recent funding round in May, 2026.

Dr Lal PathLabs - 2026 Company Profile, Team, Funding, Competitors & Financials

Dr Lal PathLabs is a public company based in Gurugram (India), founded in 1949 by S K Lal. It operates as a Chain of pathology and radiology labs. Dr Lal PathLabs has raised $13.9M in funding. The company has 73 active competitors, including 8 funded and 7 that have exited. Its top competitors include companies like MedGenome, Orange Health and Metropolis India.

Company Details

Chain of pathology and radiology labs. It offers a wide range of diagnostic tests, allows users to book tests online for home collection, and provides the convenience of downloading test reports securely and quickly. It provides resource for individuals seeking diagnostic services and blood tests.

Website: lalpathlabs.com
Social
Email ID: *****@lalpathlabs.com
Phone Number: +91 **********
Registered Address: Block E, Sector-18 Rohini, North West, NEW DELHI, Delhi, India, 110085

Key Metrics

Founded Year

1949

Location

Gurugram, India

Stage

Public

Total Funding

$13.9M in 3 rounds

Latest Funding Round

Post IPO, Dec 2021, $*****

Investors

WestBridge Capital & 5 more

Ranked

1^st among 73 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

4,980 as on Mar 31, 2025

Investment & Acquisitions

Neuome & 12 more

Similar Companies

Orange Health & 161 more

Exit Details

Public

View Dr Lal PathLabs' full profile

Dr Lal PathLabs is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
APRL PATHLABS PRIVATE LIMITED CIN: U85195GJ2019PTC110176 , India, Active	Oct 04, 2019	₹10 - ₹50 Cr (As on Mar 31, 2026)	59 (As on Apr 01, 2026)
APL INSTITUTE OF CLINICAL LABORATORY & RESEARCH PRIVATE LIMITED CIN: U73100GJ2011PTC065333 , India, Amalgamated	May 07, 2011	0 - ₹10 Cr (As on Mar 31, 2022)	5022 (As on Aug 31, 2025)
PALIWAL MEDICARE PRIVATE LIMITED CIN: U85110UP2006PTC031606 , India, Amalgamated	Apr 13, 2006	0 - ₹10 Cr (As on Mar 31, 2023)	4146 (As on Jul 31, 2024)
DR. LAL PATHLABS LIMITED CIN: L74899DL1995PLC065388 , India, Active	Feb 14, 1995	₹1,000+ Cr (As on Mar 31, 2025)	5205 (As on May 31, 2026)
CENTRAPATH LABS PRIVATE LIMITED CIN: U74220MP2019PTC049171 , India, Active	Jul 23, 2019	₹10 - ₹50 Cr (As on Mar 31, 2025)	106 (As on Feb 01, 2026)
PALIWAL DIAGNOSTICS PRIVATE LIMITED CIN: U26914UP1997PTC022257 , India, Active	Jul 08, 1997	₹50 - ₹100 Cr (As on Mar 31, 2026)	238 (As on Apr 01, 2026)

Dr Lal PathLabs got listed on Dec 23, 2015.

Click here to take a look at Dr Lal PathLabs's IPO in detail

Dr Lal PathLabs has raised a total funding of $13.9M over 3 rounds. Its first funding round was on Jun 02, 2005. Its latest funding round was a Post IPO round on Dec 2021 for $*****. 1 investor participated in its latest round. Dr Lal PathLabs has 6 institutional investors.

Here is the list of recent funding rounds of Dr Lal PathLabs:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 2021	2130038	Post IPO	1633872	2274542	4728933	8151260
Jan 01, 2007	4033000	Series A	4262836	9223417	5453538	WestBridge Capital
Jun 02, 2005	9779604	Series A	1438374	4808172	6882561	WestBridge Capital

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View details of Dr Lal PathLabs's funding rounds and investors

The founders of Dr Lal PathLabs is S K Lal. Shankha Banerjee is the CEO of Dr Lal PathLabs.

Here are the details of Dr Lal PathLabs' key team members:

S K Lal: Former Founder of Dr Lal PathLabs.
Shankha Banerjee: CEO of Dr Lal PathLabs.
Contact Info: 1 email address and 1 phone number

Dr Lal PathLabs' Board of Directors

Dr Lal PathLabs's board has 9 active members. Arvind Lal and Vandana Lal are part of team and Rohit Bhasin, Somya Satsangi, Rahul Sharma, Archana Lal Erdmann, Gurinder Singh Kalra, Rajit Mehta and Arun Duggal are independent board members.

Here is the list of Dr Lal PathLabs' board of directors:

Name	Type	Representing	Status	Duration
Arvind Lal	Team	-	Current	6y 5m
Vandana Lal	Team	-	Current	11y 0m
Rohit Bhasin	Independent board member	-	Current	3y 9m
gmfcxrj	Independent board member	-	Current	6y 6m
{eeegvy	Independent board member	-	Current	8y 7m
dijijda	Independent board member	-	Current	5y 7m
cqazway	Independent board member	-	Current	8y 4m
cbdrirz	Independent board member	-	Current	3y 7m
ydtpxxm	Independent board member	-	Current	9y 2m

View details of Dr Lal PathLabs's Founder profiles and Board Members

Dr Lal PathLabs' employee count trend

Dr Lal PathLabs has 4,980 employees as of Mar 25. The total employee count is 21.0% more than what it was in Mar 24. Here is Dr Lal PathLabs's employee count trend over the years:

Employee count trend for Dr Lal PathLabs

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Top competitors of Dr Lal PathLabs include MedGenome, Orange Health and Metropolis India. Here is the list of Top 10 competitors of Dr Lal PathLabs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Dr Lal PathLabs 1949, Gurugram (India), Public	Chain of pathology and radiology labs	$13.9M	WestBridge Capital, Life Insurance Corporation of India ... & 4 others	79/100
2nd	MedGenome 2013, Bengaluru (India), Series E	Provider of DNA sequencing, bioinformatics, and multiomics services	$264M	Novo Holdings, Peak XV Partners & 30 others	70/100
3rd	Orange Health 2020, Bengaluru (India), Series C	Chains providing at-home diagnostic testing and health checkup services	$77.1M	Bertelsmann India Investments, Iron Pillar ... & 16 others	69/100
4th	Metropolis India 1981, Mumbai (India), Public	Chain of diagnostic centers	$232M	The Carlyle Group, Warburg Pincus & 13 others	68/100
5th	CORE 2012, Gurugram (India), Acquired	Laboratory offering biomarker analysis	$17.3M	Artiman, Innoven Capital & 2 others	53/100
6th	Lilac Insights 2011, Mumbai (India), Series A	Provider of genetic diagnostic advisory services for infant	$11M	Tara Fund, Ranay Shah Family Trust & 53 others	52/100
7th	Sterling Accuris Diagnostics 2015, Ahmedabad (India), Series C	Chain of pathology labs	$41.7M	Udhay Vi Realty, Morgan Stanley & 11 others	51/100
8th	Dr Dangs Lab 1983, Delhi (India), Unfunded	Provider of diagnostic testing services in various medical specialties	-	-	50/100
9th	Airmed 2016, Ahmedabad (India), Seed	Provider of a chain of diagnostic labs	$1.54M	Brand Capital	49/100
10th	CRL Diagnostics 2015, Delhi (India), Unfunded	Chain of pathology laboratory services	-	-	49/100

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Dr Lal PathLabs has made 2 investments in companies including Neuome and APRL PathLabs. Dr Lal PathLabs has also acquired 11 companies including Sunshine Healthcare and Shahbaz Ker.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 24, 2026	Investments	Neuome	2020	Bengaluru (India)
Jul 24, 2026	Acquisition	Sunshine Healthcare	2015	Accra (Ghana)
May 01, 2026	Acquisition	Shahbaz Ker	1980	Mumbai (India)