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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 64 active competitors, including 8 funded and 8 that have exited. Its top competitors include companies like Shaanxi Micot Technology, PolyPeptide and Custom Peptide Synthesis.

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
Social
X
Email ID
*****@enzene.com
Phone Number
+91 **********
Part Of
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
Ranked
Annual Revenue
₹385Cr as on Mar 31, 2025
Employee Count
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
5213599
Series C
4928356
4534518
9694571
6372469
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Enzene's founders and board of directors

Founder? Claim Profile
The 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:

Enzene's employee count trend

Enzene has 10 employees as of Dec 24. Here is Enzene's employee count trend over the years:
Employee count trend for Enzene
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Enzene's Competitors and alternates

Top competitors of Enzene include Shaanxi Micot Technology, PolyPeptide and Custom Peptide Synthesis. Here is the list of Top 10 competitors of Enzene, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Enzene
Enzene
2015, Pune (India), Series C
Company specializing in development of Biosimilars
$50M
52/100
2nd
Provider of drug research and development services focused on cardiovascular and metabolic diseases
$72.2M
46/100
3rd
Logo for PolyPeptide
PolyPeptide
1952, Baar (Switzerland), Public
CMO manufacturing proprietary,GMP grade and non-GMP-grade peptides
-
-
44/100
4th
Logo for Custom Peptide Synthesis
Custom Peptide Synthesis
2011, Mumbai (India), Unfunded
Manufacturer of peptides and other finished formulations, & APIs
-
-
40/100
5th
Logo for Hybio Pharmaceutical
Hybio Pharmaceutical
1998, Shenzhen (China), Public
Developer and manufacturer of polypeptide drugs and APis
$15M
40/100
6th
Logo for AmbioPharm
AmbioPharm
2006, North Augusta (United States), Series B
Peptide manufacturing and development services, setting a new standard worldwide
$24M
39/100
7th
Logo for USV Peptides
USV Peptides
2011, Mumbai (India), Unfunded
CDMO offering custom peptide, GMP peptide and cosmetic peptide synthesis services
-
-
34/100
8th
Logo for JPT Peptide
JPT Peptide
2004, Berlin (Germany), Acquired
Peptide based CRO offering proteomics, biomarker and drug discovery services
-
-
32/100
9th
Logo for Ocelot Bio
Ocelot Bio
2020, San Diego (United States), Deadpooled
CDMO focused on manufacturing of peptides
$36M
32/100
10th
Logo for vivitide
vivitide
1983, Gardner (United States), Acquired
Provider of drug development services for neoantigen peptide and antibody services
-
31/100
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Enzene's Investments and acquisitions

Enzene has made no investments or acquisitions yet.

News related to Enzene

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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.
Enzene Biosciences Launches First Manufacturing Base in USEuropean Pharmaceutical ManufacturerJan 16, 2024Enzene
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