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SIRO Clinpharm

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Thane, IndiaFounded 1996Health
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About SIRO Clinpharm

SIRO Clinpharm is a drug development solutions provider that functions as a Contract Research Organization (CRO) for the global healthcare industry. The company was founded in 1996 as the SIRO Research Foundation, initially a subsidiary of Bharat Serums and Vaccines, and was formally incorporated as SIRO Clinpharm Private Limited in 2000. The founder, Dr. Gautam Daftary, a medical doctor by qualification, is a second-generation entrepreneur who identified an opportunity to create one of India's first CROs. His background in the healthcare domain, including founding other successful ventures like Bharat Serums and Vaccines Ltd. and Aksigen Hospital Care, provided a strong foundation for SIRO's focus on research and development.

The company offers a comprehensive suite of services supporting clinical trials from Phase II through Phase IV, as well as post-marketing and real-world evidence studies. Its business model revolves around providing end-to-end clinical development services to a diverse clientele that includes global biopharmaceutical firms, medical device companies, and academic institutions. To meet varied client needs, the SIRO Group has been structured into three specialized entities: SIRO Clintech for full-service CRO solutions, SIRO Medical Writing for specialized documentation, and SIRO Clinpharm for customized Functional Service Provider (FSP) solutions. This structure allows for flexible business models, including FTE-based and hybrid approaches, where SIRO can provide specialized personnel to augment a client's team or manage entire functions of a clinical trial.

Core services include clinical trial management, clinical data management, biostatistics and programming, medical writing, and pharmacovigilance. The company has developed expertise across several therapeutic areas, notably oncology, diabetes, cardiology, and infectious diseases. Over the years, SIRO has expanded its global footprint through strategic acquisitions, including the purchase of US-based Global Client Partners in 2007 and Germany-based Omega Mediation Group in 2008, to enhance its operational capabilities in Europe and the US. The firm has received multiple accolades, including the Frost & Sullivan 'Indian Clinical Research Organization of the Year' award and was named 'Best Clinical Research Company' at the Healthcare and Fitness Leadership Awards 2016.

Source: Dealroom company data

At a glance

Founded
1996
Headquarters
Thane, India
Sector
Health

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

  • Baring Private Equity Partners India
  • 3i Group
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇮🇳 India94.7%
🇺🇸 United States2%
🇬🇧 United Kingdom1.2%
🇷🇸 Serbia0.4%
🇦🇪 United Arab Emirates0.4%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

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