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FREDUN - About the company

FREDUN is a public company based in Mumbai (India), founded in 1987 by Fredun Nariman Medhora and Daulat Nariman Medhora. It operates as a Manufacturer of pharmaceutical formulations and orthopedic mobility products. FREDUN has raised an undisclosed amount in funding. The company has 1239 active competitors, including 43 funded and 337 that have exited. Its top competitors include companies like Bayer, Teva Pharmaceuticals and Wockhardt.

Company Details

Manufacturer of pharmaceutical formulations and orthopedic mobility products. It is a diversified healthcare company that manufactures pharmaceutical formulations and produces orthopedic and mobility support devices. Its pharmaceutical arm develops and supplies a range of generic and branded medicines. The mobility division offers a portfolio of orthotic braces and support systems for joint and limb rehabilitation.
Email ID
*****@fredungroup.com
Phone Number
+91 **********
Registered Address
11th Floor, Tower A, Urmi Estate, 95, Ganpatrao Kadam Marg, Lower Parel (W), Delisle Road, Mumbai, Mumbai, Maharashtra, India, 400013
Key Metrics
Founded Year
1987
Location
Mumbai, India
Stage
Public
Latest Funding Round
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2026
Employee Count
542 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

FREDUN's IPO details

FREDUN got listed on Mar 21, 2016.
Click here to take a look at FREDUN's IPO in detail
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FREDUN's funding and investors

FREDUN has raised funding over 3 rounds. Its first funding round was on Jun 20, 2017. Its latest funding round was a Post IPO round on Nov 15, 2025 for $*****. 3 investors participated in its latest round. FREDUN has 6 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of FREDUN:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 15, 2025
9359159
Post IPO
5291495
4665776
3000318
2534717
Sep 21, 2021
2402208
Post IPO
8068259
6664934
9122337
Jun 20, 2017
7571501
Post IPO
9451042
5017179
3116556
8258256
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FREDUN's founders and board of directors

Founder? Claim Profile
The founders of FREDUN are Fredun Nariman Medhora and Daulat Nariman Medhora. Fredun Nariman Medhora is the CEO of FREDUN.
Here are the details of FREDUN's key team members:

FREDUN's Board of Directors

FREDUN's board has 6 active members. Fredun Nariman Medhora, Daulat Nariman Medhora and Daisy Cyril Dsouza are part of team and Pooja Narendra Sanghavi, Sonal Dharmin Desai and Anshu Gyan Agarwal are independent board members.
Here is the list of FREDUN's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
20y 1m
Team
-
Current
39y 4m
uropzk{
Team
-
Current
6y 8m
Independent board member
-
Current
0y 10m
xyxtpvf
Independent board member
-
Current
8y 8m
rjxhlfc
Independent board member
-
Current
6y 6m

FREDUN's employee count trend

FREDUN has 542 employees as of Apr 26. The total employee count is 25.0% more than what it was in Apr 25. Here is FREDUN's employee count trend over the years:
Employee count trend for FREDUN
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FREDUN's Competitors and alternates

Top competitors of FREDUN include Bayer, Teva Pharmaceuticals and Wockhardt. Here is the list of Top 10 competitors of FREDUN, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Bayer
Bayer
1863, Leverkusen (Germany), Public
Manufacturer of drugs
-
76/100
2nd
Logo for Teva Pharmaceuticals
Teva Pharmaceuticals
1901, Petah Tikva (Israel), Public
Traditional company engaged in manufacturing generics
$500M
75/100
3rd
Logo for Wockhardt
Wockhardt
1967, Mumbai (India), Public
Manufacturer of pharmaceuticals, biotechnology products, and active pharmaceutical ingredients
-
71/100
4th
Logo for Biological E
Biological E
1953, Hyderabad (India), Funding Raised
Developer of vaccines for treating multiple diseases
-
69/100
5th
Logo for Cipla
Cipla
1935, Mumbai (India), Public
Manufacturer of APIs, generic drugs, and formulation development services
-
69/100
6th
Logo for The Alvogen
The Alvogen
2009, Morristown (United States), Acquired
Developer and marketer of pharmaceutical products
$156M
69/100
7th
Logo for Emcure
Emcure
1981, Pune (India), Public
Developer, manufacturer, and markets a broad range of pharmaceutical products
$50M
68/100
8th
Logo for Amneal
Amneal
2002, Bridgewater (United States), Public
Manufacturer of generics formulations
-
68/100
9th
Logo for Laboratorio Reig Jofre
Laboratorio Reig Jofre
2000, Barcelona (Spain), Public
Manufacturer of pharmaceutical products and food supplements
-
68/100
10th
Logo for Strides Pharma Science
Strides Pharma Science
1990, Bengaluru (India), Public
Manufacturer of generic pharmaceutical products and various specialty medical formulations
-
68/100
50th
Logo for FREDUN
FREDUN
1987, Mumbai (India), Public
Manufacturer of pharmaceutical formulations and orthopedic mobility products
-
58/100
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FREDUN's Latest cap tables and shareholding

Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

FREDUN's Investments and acquisitions

FREDUN has acquired Wagr. FREDUN has not made any investments as of now.

Reports related to FREDUN

Here is the latest report on FREDUN's geography:

News related to FREDUN

Media has covered FREDUN for a total of 2 events in the last 1 year.
•
Fredun Pharma acquires pet tech platform WagrNewsDrum•Oct 09, 2025•FREDUN, Wagr
•
Fredun Pharmaceuticals receives prestigious awardIndia Infoline•Aug 24, 2021•FREDUN
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FAQs about FREDUN

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