Enzene - About the company
Enzene is a series C company based in Pune (India), founded in 2015 by Chandrashekaran Siddamadappa and Kannasandra Pushpalatha. It operates as a Company specializing in development of Biosimilars. Enzene has raised $50M in funding, with a current valuation of $*****. The company has 72 active competitors, including 6 funded and 11 that have exited. Its top competitors include companies like AmbioPharm, PolyPeptide and Shaanxi Micot Technology.
Company Details
Enzene Biosciences Ltd., a subsidiary of Alkem Laboratories Limited, is uniquely poised to lead the new wave of global biosimilars development. Enzene has established several technology platforms in the areas of molecular biology, protein expression, fermentation technology (microbial, insect and mammalian cells), bio-analytics, immunology and peptide synthesis. The areas of expertise are: Proprietary expression vectors, Upstream Process Development for microbial, insect and mammalian cells, Downstream Process Development. Development of analytical tools to characterize peptides, proteins and mAbs, Cell Based Bioassay Development, Peptide Synthesis: Solution and Solid State
- Website
- www.enzene.com/
- Email ID
- *****@enzene.com
- Phone Number
- +91 **********
- Registered Address
- ALKEM HOUSE, SENAPATI BAPAT MARG LOWER PARELNA-MUMBAI-Maharashtra-400013-India
Key Metrics
Founded Year
2015
Location
Pune, India
Stage
Series C
Total Funding
$50M in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Mar 18, 2023
Investors
Ranked
2nd among 72 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
1,023 as on Sep 30, 2026
Similar Companies
Legal entities associated with Enzene
Enzene is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ENZENE INC. CIN: 6823271 , United States, Active | May 26, 2022 | - | 10 (As on Dec 31, 2024) | - |
ALKEM LABORATORIES LIMITED CIN: L00305MH1973PLC174201 , Vanuatu, Active | Aug 07, 1973 | ₹1,000+ Cr (As on Mar 31, 2024) | 17669 (As on Sep 30, 2023) | - |
ENZENE BIOSCIENCES LIMITED CIN: U24232PN2006PLC165610 , India, Active | Aug 28, 2006 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 685 (As on Aug 01, 2025) | |
Alkem Laboratories Limited CIN: L00305MH1973PLC174201 , India, Active | Aug 08, 1973 | ₹1,000+ Cr (As on Mar 31, 2026) | 19286 (As on Apr 30, 2025) |
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Enzene's funding and investors
Enzene has raised a total funding of $50M over 1 round. Its latest funding round was a Series C round on Jan 30, 2023 for $*****. 2 investors participated in its latest round. Enzene has 3 institutional investors.
Here is the list of recent funding rounds of Enzene:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 30, 2023 | 9746530 | Series C | 7385406 | 7641409 | 2302718 | 7433827 |
View details of Enzene's funding rounds and investors
Enzene's founders and board of directors
Founder? Claim ProfileThe founders of Enzene are Chandrashekaran Siddamadappa and Kannasandra Pushpalatha. Himanshu Gadgil is the CEO of Enzene.
Here are the details of Enzene's key team members:
- Chandrashekaran Siddamadappa: Former Co-Founder of Enzene.
- Kannasandra Pushpalatha: Co-Founder of Enzene.
- Himanshu Gadgil: CEO of Enzene. Contact Info: 1 email address
Enzene's Board of Directors
Enzene's board has 3 active members. Sudha Ravi, Sandeep Singh and Vikas Gupta are part of team.Here is the list of Enzene's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 5m | |
Team | - | Current | 14y 1m | |
Team | - | Current | 1y 0m |
View details of Enzene's Founder profiles and Board Members
Enzene's employee count trend
Enzene has 1,023 employees as of Sep 26. Here is Enzene's employee count trend over the years:
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Enzene's Competitors and alternates
Top competitors of Enzene include AmbioPharm, PolyPeptide and Shaanxi Micot Technology. Here is the list of Top 10 competitors of Enzene, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AmbioPharm 2006, North Augusta (United States), Acquired | Peptide manufacturing and development services, setting a new standard worldwide | $24M | 58/100 | |
2nd | Company specializing in development of Biosimilars | $50M | 55/100 | ||
3rd | PolyPeptide 1952, Baar (Switzerland), Public | CMO manufacturing proprietary,GMP grade and non-GMP-grade peptides | - | - | 49/100 |
4th | Shaanxi Micot Technology 2007, China, Public | Provider of drug research and development services focused on cardiovascular and metabolic diseases | $72.2M | 49/100 | |
5th | Hybio Pharmaceutical 1998, Shenzhen (China), Public | Developer and manufacturer of polypeptide drugs and APis | $15M | 43/100 | |
6th | JPT Peptide 2004, Berlin (Germany), Acquired | Peptide based CRO offering proteomics, biomarker and drug discovery services | - | - | 40/100 |
7th | Custom Peptide Synthesis 2011, Mumbai (India), Unfunded | Manufacturer of peptides and other finished formulations, & APIs | - | - | 40/100 |
8th | Proteos Biotech 2010, Madrid (Spain), Unfunded | Manufacturer of recombinant enzymes and provides CMO services | - | - | 38/100 |
9th | Developer and manufacturer of generic pharmaceuticals, nutraceuticals, food supplements and veterinary products | - | 37/100 | ||
10th | CPC Scientific 2001, Sunnyvale (United States), Unfunded | Company offering peptide development and manufacturing services for clinical and commercial applications | - | - | 36/100 |
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Enzene's Investments and acquisitions
Enzene has made no investments or acquisitions yet.
Reports related to Enzene
Here is the latest report on Enzene's sector:
News related to Enzene
Media has covered Enzene for a total of 8 events in the last 1 year, 4 of them have been about company updates and 3 about partnerships.
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Enzene Launches Nex Partnership Program to Enable Global Biosimilar Manufacturing and Expands New Jersey FacilityContract Pharma•Jun 26, 2026•Enzene
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Saya Biologics Partners with Enzene to Develop and Manufacture Two Osteoporosis Therapies for MexicoPharmaSource Studio•Dec 08, 2025•Enzene, Saya Bio
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Enzene Partners with Virtuosi, First in India for Immersive Pharma TrainingBusinessFortNight•Oct 08, 2025•Qualityexecutivepartners, Virtuosi, Enzene
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Enzene, Veranova separately unveil expansions; Lotte's new ADC clientEndpoints•Jun 20, 2025•Enzene, Veranova
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Enzene launches next-generation of fully-connected continuous manufacturing technology for biologicsBioSpectrum India•Oct 05, 2024•Enzene
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Enzene snags $50 mn from parent firm, othersMint•Oct 03, 2024•Enzene, Alkem Laboratories, Eight Roads Ventures, F-Prime Capital
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Enzene appoints Norm Stoffregen to lead biologics manufacturing facility in USBioSpectrum India•Sep 03, 2024•Enzene
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Enzene Appoints Site Lead for New $50M Manufacturing Facility in Hopewell, NJContract Pharma•Sep 03, 2024•Enzene
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