What Anshul Life Sciences does

Anshul Life Sciences (ALS) is a Mumbai-headquartered specialty ingredients marketing and distribution company founded in 1978 as a partnership between the Ashok Isharani Family and Ashwin Shroff Family. The company distributes excipients, APIs and intermediates to pharmaceutical formulators; vitamins, minerals, food additives, and natural ingredients to food, beverage, and nutraceutical manufacturers; actives, emollients, surfactants, and preservatives to personal care and cosmetics producers; and specialty silicones, lignosulfonates, filters, and agro chemicals to textile, agro, and industrial customers. Its portfolio spans proprietary sub-brands (Glowspheres®, Capsudx®, Divaclar®) and exclusive distribution arrangements with global principals including Mingtai Chemical, Lotte Fine Chemical, Armor Pharma, SPI Pharma, BASF Human Nutrition, Mibelle Biochemistry, Momentive, and Eaton. ALS has also developed branded finished formulations (Huskoslim RTD, B-18 BB Cream, Color Shield Shampoo, SPF 50+ Lotion) leveraging its application laboratory capabilities.

ALS operates three application laboratories (Pharma, Personal Care, Food & Nutra) for feasibility studies, formulation prototyping, and customer demonstrations, and runs three ISO 9001:2015-certified warehouses in Bhiwandi, Hyderabad, and Ahmedabad integrated via SAP B1 ERP, with sales offices in Mumbai, Ahmedabad, Hyderabad, Bengaluru, Chennai, Kolkata, and Chandigarh. Its commercial model is technical sales-led, with 80+ technically qualified employees including 35+ senior technical marketing and sales personnel who provide formulation support, regulatory documentation, alternative vendor development, and specification comparison studies to enterprise customers. Pricing is not publicly disclosed. Revenue is generated through product sales margin, technical service fees, and increasingly through branded formulation development.

The company is affiliated with five manufacturing entities (Divakar Techno Specialities, Anshul Speciality Molecules, Excel Industries, Transpek, Agrocel) and was acquired by Barentz, a global specialty ingredients distributor, in May 2019, providing access to international principal relationships and capital. Its geographic reach remains primarily India-focused, serving regulated, semi-regulated, and domestic market customers across the pharmaceutical, food, personal care, and performance materials value chains.

Name

Anshul Life Sciences

Legal name

Anshul Life Sciences

Website

https://anshulindia.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

101–250 employees

Short description

Anshul Life Sciences is a Mumbai-based specialty ingredients distributor founded in 1978, serving pharmaceutical, food and beverage, personal care, and performance materials manufacturers in India through exclusive representation of global principals, application laboratories, and a Pan-India warehouse and sales network, now owned by Barentz.

Ownership category

akta.pro rank

Headquarters

HQ city

Goregaon

HQ country

India

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Marketing and Distribution of Specialty Ingredients: Core business focused on marketing and distribution of specialty ingredients to pharmaceutical, food & beverages, personal care, and performance materials industries. Revenue generated through product sales and technical services.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Anshul Life Sciences (ALS) is a specialty ingredient marketing and distribution company that supplies excipients, APIs, food additives, personal care actives, performance materials, and industrial filters to manufacturers in India's pharmaceutical, food & beverages, personal care, and industrial sectors. The company acts as the India distribution partner for multiple global principals, supported by three application labs (Pharma, Personal Care, Food & Nutra) that provide formulation development, feasibility studies, and regulatory support services. The company maintains ISO 9001:2015 certified warehouses and a Pan-India sales network.

Product overview

Anshul Life Sciences (ALS) is a specialty ingredients marketing and distribution company established in 1978, operating as a partnership between the Ashok Isharani Family and Ashwin Shroff Family. The company distributes specialty ingredients across four main divisions: Pharma (excipients, APIs, and intermediates), Food Beverages & Nutra (vitamins, minerals, food additives, natural ingredients), Care Specialities (personal care ingredients for skin, hair, sun, color cosmetics, baby care, and oral care), and Performance Material & Filters (agro ingredients, silicones for textiles, and industrial filters). ALS also markets proprietary sub-brands including Glowspheres® (biodegradable exfoliation beads), Capsudx® (cooling agents), and Divaclar® (processing aids) manufactured by affiliated company Divakar Techno Specialities & Chemicals. The company offers formulation development services, regulatory support, and troubleshooting assistance through its three Application Labs.

Differentiator

Problem solved

Functional benefit

Products and services

• Pharma Excipients

Quantifiable outcome

• ISO 9001:2015 certified warehouses and staff trained with best practices
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

25 partnerships are on record, tiered core.

• Divakar Techno Specialities & ChemicalscoreStrategic or Co-development Partner · 1 January 1978Privately held manufacturer of niche technical products including Glowspheres® range beadlets, Capsudx® range cooling agents, and Divaclar® range of processing aids. Affiliate company of Anshul Life Sciences.
• Anshul Speciality MoleculescoreStrategic or Co-development Partner · 1 January 1978Privately held manufacturer of Pharma API/Intermediates and Fine Chemicals for Flavours & Fragrances. Affiliate company of Anshul Life Sciences.
• Excel Industries LimitedcoreStrategic or Co-development Partner · 1 January 1978Exchange listed manufacturer of API/Intermediate and Fine Chemicals for Pharmaceutical Industry & Agro Chemical Industry. Affiliate company of Anshul Life Sciences.
• Transpek LimitedcoreStrategic or Co-development Partner · 1 January 1978Exchange listed manufacturer of Acid Chloride based and Fine Chemicals. Affiliate company of Anshul Life Sciences.
• AgrocelcoreStrategic or Co-development Partner · 1 January 1978Privately held manufacturer of Liquid Bromine and Brome Derivative. Affiliate company of Anshul Life Sciences.
• Mingtai Chemical Company LimitedcoreTechnology or IntegrationComprehensive range of cellulose products synonymous with Comprecel® (MCC), Disolcel® (CCS) & Neocel® (Colloidal MCC) for pharmaceutical applications.
• Lotte Fine Chemical Co. Ltd.coreTechnology or IntegrationPart of Lotte Group (5th largest conglomerate in South Korea), provides AnyCoat® C range of HPMC & AnyCoat® P range of HPMC Phthalate conforming with all regulatory standards.
• Armor PharmacoreTechnology or IntegrationSubsidiary of Groupe SAVENCIA with more than 40 years of dairy technology expertise. Provides pharmaceutical lactose requirements.
• SPI Pharma (Associated British Foods)coreTechnology or IntegrationPart of ABF Ingredients division. Provides innovative solutions including antacid actives, directly compressible calcium powders, functional excipients, drug delivery systems, taste-masked actives, and vaccine adjuvants.
• Fufeng GroupcoreTechnology or IntegrationOne of the world's largest producers of Xanthan Gum from China, serving Food, Oral Care, Pharma, and Oil industries.
• CafosacoreTechnology or IntegrationMember of Mars & Wrigley group. World's leading gum base supplier known for HiG® directly compressible gum powder for chewing gum and bubble gum.
• BASF Human NutritioncoreTechnology or IntegrationProvides wellness ingredients including vitamins, carotenoids, plant sterols, lutein esters, and conjugated linoleic acid. Bakery ingredients include emulsifiers and whip toppings.
• ICL Food SpecialtiescoreTechnology or IntegrationLeader in phosphate salts, food seasoning, and dairy ingredients. Products sold under SAPP STR®, Levn Lite®, Tari®, Bekabake®, Salona®, and Joha® brands.
• Herbstreith & Fox Group (H&F)coreTechnology or IntegrationWorld leader in functional food ingredients derived from Apple and Citrus fruits. Provides high methoxy, low methoxy, and amidated pectins through subsidiary Apecx.
• Mibelle BiochemistrycoreStrategic or Co-development PartnerDesigns and develops innovative high quality specialties and actives based on scientific know-how. Product brands include Anagain, Root BioTecHo, SulforaWhite, NanoWhite, Malus Domestica.
• AAK Personal CarecoreTechnology or IntegrationLeader in Shea Butter and Vegetable Bioactive & Emollients with more than 100 years of experience. Products recognized by Lipex, Akoline, Akogel, Akomed brands.
• SNFcoreTechnology or IntegrationLeader in manufacturing and processing water-soluble polymers with range of more than 1000 products for flocculation, viscosification, and friction reduction.
• Kao ChemicalscoreTechnology or IntegrationWorld leaders in Surfactant technology addressed to Personal Care, Laundry & Cleaning and Technical Applications markets. Known for Akypo, Amidet, Amphitol, Aminon, Sofcare, Levenol brands.
• ArxadacoreTechnology or IntegrationGlobal science-based specialty chemicals business creating innovative chemistry and solutions. Focus on sustainability with cleaner, greener preservation solutions.
• GREAFcoreTechnology or IntegrationSpecializes in developing and manufacturing active ingredients and herbal extracts for personal care. Full range including whitening, moisturizing, anti-wrinkle, anti-ageing agents.
• Bloomage Freda Biopharm Co. LtdcoreTechnology or IntegrationLargest manufacturer & supplier of Hyaluronic & Oligo Hyaluronic Acid with different molecular weights. GMP & ISO 9001 quality with Eco-certification.
• Covestro India (formerly Bayer Material Science)coreTechnology or IntegrationPioneer in Polyurethane chemistry. High quality polyurethane dispersions as film formers and powder as sensory additive for cosmetic applications, recognized by Baycusan brand.
• IngevitycoreTechnology or IntegrationUS Based Specialty Chemical Company manufacturing Kraft Lignosulfonates, Tall Oil Fatty Acids. Products sold under Polyfon®, Kraftsperse®, and Reax® trade names for agricultural industry.
• MomentivecoreTechnology or IntegrationOne of the largest silicon manufacturers in the world known for Magnasoft brand specialty silicones.
• EatoncoreTechnology or IntegrationGlobal leader offering range of filters and equipment for Automotive paints, Inks and other industrial applications.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Barentz: Global specialty ingredients distributor and Anshul's parent company (acquired ALS in 2019). Operates the same ingredient distribution business model across pharma, food, personal care, and industrial verticals, giving Anshul access to global principals and best practices.
• Caldic: Globally active specialty ingredients distributor owned by Advent International, with portfolios in life sciences, food, and personal care. Closely comparable principal-representation model with technical lab capabilities and emerging-market presence.
• IMCD: Publicly listed global specialty chemicals and ingredients distributor with strong India presence. Closely comparable business model of representing international principals across pharma, F&B, personal care, and industrial customers via technical sales.
• Azelis: Global specialty ingredients distributor with operations across life sciences (pharma, personal care, food) and industrial chemicals. Highly comparable principal-distribution model with technical sales and lab support in multiple emerging markets including Asia.
• Connell Brothers: Wilbur-Ellis subsidiary focused on specialty ingredients distribution across Asia Pacific. Comparable in serving personal care, food, pharma, and industrial customers with global principals, particularly relevant for Anshul's regional India positioning.
• DKSH: Market Expansion Services company with deep specialty ingredients distribution across Asia Pacific, including pharma, F&B, and personal care. Closely mirrors Anshul's principal-representation and field-sales distribution model in Asian emerging markets.
• Biesterfeld: European specialty chemicals and ingredients distributor serving consumer goods, pharma, and industrial customers with technical sales. Comparable principal-representation model and similar multi-vertical structure as Anshul.

Broad incumbents

• Univar Solutions: North American-headquartered specialty ingredients and chemicals distributor serving food, pharma, personal care, and industrial end markets. Comparable distribution-led model with technical sales support, though with different geographic focus.
• Brenntag: World's largest chemical distribution company with broad portfolios across specialty and commodity ingredients. Operates in India and comparable verticals (pharma, F&B, personal care, performance materials), but at much larger scale and breadth than Anshul.

Regional players

• Indochem Group: Indian specialty ingredients and fine chemicals distributor serving pharma, personal care, and food customers across India. Most direct India-based comparator to Anshul's domestic specialty distribution model, though smaller in scope.

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/anshul-life-sciences

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Anshul Life Sciences