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. The company has 65 active competitors, including 8 funded and 9 that have exited. Its top competitors include companies like Shaanxi Micot Technology, PolyPeptide and Hybio Pharmaceutical.
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
Investors
Ranked
1st among 65 active competitors
Annual Revenue
₹385Cr as on Mar 31, 2025
Employee Count
985 as on Apr 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 | Documents |
|---|---|---|---|---|
Alkem Laboratories Limited CIN: L00305MH1973PLC174201 , India, Active | Aug 08, 1973 | $1.59B (As on Mar 31, 2025) | 19286 (As on Apr 30, 2025) | |
ENZENE BIOSCIENCES LIMITED CIN: U24232PN2006PLC165610 , India, Active | Aug 28, 2006 | $45.6M (As on Mar 31, 2025) | 685 (As on Aug 01, 2025) | |
ALKEM LABORATORIES LIMITED CIN: L00305MH1973PLC174201 , Vanuatu, Active | Aug 07, 1973 | $1.57B (As on Mar 31, 2024) | 17669 (As on Sep 30, 2023) | - |
ENZENE INC. CIN: 6823271 , United States, Active | May 26, 2022 | - | 10 (As on Dec 31, 2024) | - |
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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 | 8210363 | Series C | 3763871 | 8008385 | 1459525 | 4850541 |
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.
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 1m | |
Team | - | Current | 13y 9m | |
Team | - | Current | 0y 8m |
View details of Enzene's Founder profiles and Board Members
Enzene's employee count trend
Enzene has 985 employees as of Apr 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 Shaanxi Micot Technology, PolyPeptide and Hybio Pharmaceutical. 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 | Company specializing in development of Biosimilars | $50M | 55/100 | ||
2nd | Shaanxi Micot Technology 2007, China, Series B | Provider of drug research and development services focused on cardiovascular and metabolic diseases | $72.2M | 45/100 | |
3rd | PolyPeptide 1952, Baar (Switzerland), Public | CMO manufacturing proprietary,GMP grade and non-GMP-grade peptides | - | - | 45/100 |
4th | Hybio Pharmaceutical 1998, Shenzhen (China), Public | Developer and manufacturer of polypeptide drugs and APis | $15M | 43/100 | |
5th | AmbioPharm 2006, North Augusta (United States), Series B | Peptide manufacturing and development services, setting a new standard worldwide | $24M | 42/100 | |
6th | Custom Peptide Synthesis 2011, Mumbai (India), Unfunded | Manufacturer of peptides and other finished formulations, & APIs | - | - | 40/100 |
7th | Proteos Biotech 2010, Madrid (Spain), Unfunded | Manufacturer of recombinant enzymes and provides CMO services | - | - | 38/100 |
8th | Developer and manufacturer of generic pharmaceuticals, nutraceuticals, food supplements and veterinary products | - | 37/100 | ||
9th | USV Peptides 2011, Mumbai (India), Unfunded | CDMO offering custom peptide, GMP peptide and cosmetic peptide synthesis services | - | - | 34/100 |
10th | JPT Peptide 2004, Berlin (Germany), Acquired | Peptide based CRO offering proteomics, biomarker and drug discovery services | - | - | 32/100 |
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Enzene's Investments and acquisitions
Enzene has made no investments or acquisitions yet.
News related to Enzene
Media has covered Enzene for a total of 6 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
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Saya Biologics Partners with Enzene to Develop and Manufacture Two Osteoporosis Therapies for Mexicopharmasource.global•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, othersLivemint•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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Enzene Biosciences Launches First Manufacturing Base in USEuropean Pharmaceutical Manufacturer•Jan 16, 2024•Enzene
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