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Enaltec Labs - About the company

Enaltec Labs is an acquired company based in Mumbai (India), founded in 2006 by Susheel Koul and Anand Shah. It operates as a Provider of complex small-volume technology-driven pharmaceutical products. Enaltec Labs has raised $8.56M in funding from InvAscent and Medtech Global, with last known valuation of $*****. The company has 958 active competitors, including 38 funded and 137 that have exited. Its top competitors include companies like Laurus Labs, Symbiotec and NGL Fine Chem.

Company Details

Provider of complex small-volume technology-driven pharmaceutical products. It is a pharmaceutical company specializing in the development and production of complex, small volume, technology-driven active pharmaceutical ingredients.
Social
XFacebook
Email ID
*****@enaltec.com
Phone Number
+91 **********
Part Of
Registered Address
Plot No PL-11, MIDC, Addl Ambernath, Ambernath, Maharashtra, India, 421506
Key Metrics
Founded Year
2006
Location
Mumbai, India
Stage
Acquired
Total Funding
$8.56M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on Feb 25, 2020
Investors
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
51 - 200 as on Mar 01, 2026
Similar Companies
Exit Details
Acquired by La Renon (Jan 20, 2022)

Enaltec Labs's acquisition details

Enaltec Labs got acquired by La Renon on Jan 20, 2022.
Click here to take a look at Enaltec Labs's acquisition in detail
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Enaltec Labs's funding and investors

Enaltec Labs has raised a total funding of $8.56M over 5 rounds. Its first funding round was on Mar 31, 2008. Its latest funding round was a Series A round on Jan 27, 2022 for $*****. 1 investor participated in its latest round. Enaltec Labs has 5 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Enaltec Labs:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 27, 2022
8765676
Series A
7788805
4834648
5024605
1126549
Feb 25, 2020
1283528
Angel
8524354
3702536
9127905
2755110
Mar 28, 2017
1137419
Series A
1398461
1310549
3667863
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Enaltec Labs' founders and board of directors

Founder? Claim Profile
The founders of Enaltec Labs are Susheel Koul and Anand Shah.
Here are the details of Enaltec Labs' key team members:

Enaltec Labs' Board of Directors

Enaltec Labs's board has 4 active members. Vivek Gupta, Samir Kumar, Amish Vyas Pravinchandra and Anand Prafulchandra Shah are part of team.
Here is the list of Enaltec Labs' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
17y 10m
Investor
-
Current
3y 4m
Investor
-
Current
1y 2m
brchjnv
Investor
-
Past
5y 6m

Enaltec Labs' employee count trend

Enaltec Labs has 51 - 200 employees as of Mar 26. Here is Enaltec Labs's employee count trend over the years:
Employee count trend for Enaltec Labs
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Enaltec Labs's Competitors and alternates

Top competitors of Enaltec Labs include Laurus Labs, Symbiotec and NGL Fine Chem. Here is the list of Top 10 competitors of Enaltec Labs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Laurus Labs
Laurus Labs
2005, Hyderabad (India), Public
Pharmaceutical and biotechnology company
$230M
78/100
2nd
Logo for Symbiotec
Symbiotec
2002, Indore (India), Acquired
Manufacturer of non sterile steroid hormone based APIs and intermediates
$61.1M
64/100
3rd
Logo for NGL Fine Chem
NGL Fine Chem
1981, Mumbai (India), Public
CDMO specializing in multi stage organic synthesis of generic APIs and fine chemicals
-
-
59/100
4th
Logo for Neuland
Neuland
1984, Hyderabad (India), Public
Manufacturer of active pharmaceutical ingredients (APIs) and peptides
-
58/100
5th
Logo for Embio
Embio
1986, Mumbai (India), Late Stage
Contract research and manufacturing company engaged in APIs and chiral intermediates
$50.3M
58/100
6th
Logo for Snapdragon Chemistry
Snapdragon Chemistry
2014, Cambridge (United States), Acquired
CDMO providing API development, manufacturing, and analytical services
-
55/100
7th
Logo for SeQuent
SeQuent
2002, Bengaluru (India), Acquired
APIs Manufacturer
-
54/100
8th
Logo for ST PHARM
ST PHARM
2008, Siheung si (South Korea), Public
CDMO providing oligonucleotide, mRNA, and small molecule services
-
54/100
9th
Logo for Hikal
Hikal
1988, Mumbai (India), Public
Traditional company offering contract research, custom synthesis & custom manufacturing of APIs and intermediates
-
 
53/100
10th
Logo for Enaltec Labs
Enaltec Labs
2006, Mumbai (India), Acquired
Provider of complex small-volume technology-driven pharmaceutical products
$8.56M
52/100
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Enaltec Labs's Latest cap tables and shareholding

Founders own 20.66%, Funds (largest shareholder) own 48.00%, Parent Entities own 26.18% and Enterprises own 0.00%. The net worth of Enaltec Labs's founders is INR 48.6Cr as of Mar 28, 2017.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
20.66%
48.6Cr
5664923
5242759
8393696
7302864
1236014
5856425
4904840
3556947
6219453
3964313
8208595
2022755
1604635
9286842
6414436
4133627
Fund
48.00%
113Cr
6552218
3418503
6330289
4883013
6130463
9708290
7105499
3927402
1199615
2536613
Parent Entity
26.18%
61.6Cr
7144069
9268194
2536520
6168919
Enterprise
-
0
0
0
0
0
Other People
5.16%
12.1Cr
86502
36095
61814
33237
Total
100.00%
235Cr
4992567
7913743
3237378
2459561
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Enaltec Labs's Shareholding

Enaltec Labs's Investments and acquisitions

Enaltec Labs has made no investments or acquisitions yet.

Reports related to Enaltec Labs

Here is the latest report on Enaltec Labs's sector:

News related to Enaltec Labs

•
Enaltec Labs hires Raunak Singh as HR HeadPeople Matters•Jul 26, 2022•Enaltec Labs
•
Pharma firm La Renon acquires majority stake in Enaltec LabsIndiatimes•Jan 20, 2022•Enaltec Labs
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