Founded in 1998 by five first-generation entrepreneurs, Indegene has emerged as the leading digital transformation partner to the global life sciences industry. It has more than 3,000 employees across North America, Europe, China, Japan and India.
Indegene provides technology platforms and commercialization services to pharmaceutical, biotechnology, and medical device companies.
Clients partner with Indegene to design, build and manage digital-first operations that leverage data and automation to accelerate clinical development. This also improves regulatory compliance, enhance customer experience, and drive commercial success.
“We have been impressed by the strong entrepreneurial energy of the management team at Indegene and their technology-led, data-driven, differentiated global delivery model, as well as by their ability to scale relationships with global healthcare enterprises,” said Neeraj Bharadwaj, managing director of the Carlyle Asia advisory team. “We believe this puts Indegene in a strong position to benefit from the significant growth drivers, we are seeing in the healthcare space.”
Carlyle had $230 billion of assets under management as of September 30, 2020. In India, its investments include Piramal Pharma, animal healthcare company SeQuent, Medanta Medicity Hospital and Metropolis Healthcare.
Carlyle would leverage its global healthcare network and capabilities to help the Indegene further strengthen and expand its portfolio while deepening relationships with its global client base.
Over the last decade, Indegene has made significant organic and inorganic investments in building a technology portfolio that caters exclusively to healthcare. This has enabled the company to grow at more than 25 per cent revenue CAGR over a decade. This growth rate is accelerating with strong industry tailwinds driving a rapid shift towards digital-first operations.
“We have tremendous respect for Manish (Gupta) and the talented Indegene team, who have built the largest standalone digital transformation and commercialization partner for healthcare enterprises globally,” said Mark Dzialga, managing partner of Brighton Park Capital. “We are excited to partner with the company as we bring to bear our significant technology expertise to help accelerate Indegene’s global growth.”
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