The Arya Vaidya Pharmacy has grown in reputation as one of the pioneers in the field of Ayurveda.
Business Model:
Revenue: $5M
Employees: 51-200
Address: 326, perumal koil street ramanathapuram p.o
City: Coimbatore
State: tamil nadu
Zip: 641045
Country: IN
The Arya Vaidya Pharmacy has grown in reputation as one of the pioneers in the field of Ayurveda. The Company headquartered at Coimbatore has a pan India network of doctors and sales and distribution network. Management of the Company is headed by Sri P.R. Krishnakumar who was instrumental in bringing Ayurveda to the attention of the World Health Organization (WHO). For his tireless efforts towards promotion of Ayurveda and service to society, Sri Krishnakumar has been conferred the prestigious Padmashri Award in 2009 by the Government of India and with the National Dhanwantari Ayurveda Award in 2016. AVP’s manufacturing facility at Kanjikode in Kerala is GMP certified and its newest facilities are created is ISO 22716:2007 certified and designed to meet the World Health Organization’s GMP standards. It produces nearly 500 products, majorly authentic classical formulations, in these facilities blending the best of tradition and modernity and by adhering to a strict quality control and assurance mechanism. AVP has nearly 600 outlets across the country, where all these medicines and expert clinical services are available. AVP Group over the years expanded from ‘Ayurvedic medicine manufacturing’ to the field of ‘treatment centres’, ‘education and research’, and ‘manufacturing of ayurvedic equipments’ to ensure high quality products, practitioners and services. The twin values of commitment to ‘quality of care’ and ‘purity of treatment’ are the distinguishing factors of AVP. The main treatment facility of AVP called The Arya Vaidya Chikitsalayam &a; Research Institute (AVC), functioning since 1957, is located in the heart of Coimbatore in the state of Tamil Nadu, India. AVC has the distinction of being one of the first ayurvedic hospitals to become ISO 9001:2008 certified for its compliance with international quality standards. After much scrutiny by the western media and medical fraternity, and AVC&s;s relentless efforts to propagate ayurveda, the Public Broadcasting Service (PBS) in its investigative feature on Ayurveda has featured AVC while the Washington Post has acclaimed it as the ‘Mayo Clinic of Ayurveda’! AVC had partnered with Indian Council of Medical Research (ICMR) and the World Health Organization (WHO) for research on efficacy of ayurvedic treatment in rheumatoid arthritis. In recognition of this pioneering work, AVC has been the recipient of funding by the National Institutes of Health (NIH), USA for the first-ever clinical trial to scientifically evaluate Ayurveda outside the USA. Department of AYUSH, Government of India awarded AVC, “Centre of Excellence” in clinical rheumatology in the year 2009.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2017 | Private Equity Round | 1 | - |
Phi Capital Phi Capital |
6/2017 | Private Equity Round | 1 | - |
Phi Capital Phi Capital |
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