The Crescent Group

What The Crescent Group does

The Crescent Group is an India-based privately held conglomerate that operates two distinct divisions out of Mumbai. The first, Crescent Organics Pvt. Ltd., is a distributor of petrochemicals, polymers, and fertilizers (including methanol, toluene, phenol, cyclohexanone, PVC, and polypropylene) to Indian industrial segments such as paints, coatings, agrochemicals, adhesives, pharmaceuticals, construction chemicals, food packaging, and oilfield. It handles approximately 500,000 tons of bulk and packed products annually, supported by shore-tank storage at six major Indian ports (Kandla, Mundra, Hazira, Mumbai, Vizag, Kakinada) and warehouse facilities in Mumbai, Vadodara, Chennai, and Daman. The second division, Crescent Healthcare, is the exclusive distributor in India for Abbott Point of Care's i-STAT handheld blood diagnostic system, which delivers lab-quality results in 2-3 minutes and is deployed across 1,500+ healthcare installations including government hospitals, pathology labs, ambulances, and the Indian military.

The Group serves customers through direct field sales offices in Mumbai, Delhi, Vadodara, Ahmedabad, Daman, Hyderabad, and Chennai, plus an export channel reaching Far East Asia and South Africa. Revenue is generated via transactional distribution margins on chemical volumes and on i-STAT hardware/cartridge sales to healthcare providers; pricing is quote-based and not publicly disclosed. Key customers include AIIMS, PGI, state DHS hospitals, the Indian Army/Navy/Air Force, DRDO, and medical colleges, alongside a long tail of industrial chemical buyers across multiple sectors. The healthcare franchise is tightly coupled to Abbott's product roadmap and certifications, which is a single-principal dependency.

The Group's compliance posture is anchored by ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, and the i-STAT platform is listed on India's GeM government e-marketplace, enabling direct public-sector procurement. The Group is privately held with no disclosed parent company, no institutional investors, and no funding rounds, and it has operated without recent M&A, leadership changes, or restructuring activity in the available record.

Name

The Crescent Group

Legal name

Crescent Organics Pvt. Ltd.

Website

https://crescentindia.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

The Crescent Group is a privately held Indian conglomerate operating two divisions: Crescent Organics distributes petrochemicals and polymers (500,000 tons annually) to industrial buyers, while Crescent Healthcare is the exclusive India distributor for Abbott Point of Care's i-STAT blood diagnostic platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Chemical and Polymer Distribution: Trading, distribution and indenting of petrochemicals, polymers, fertilizers, methanol, toluene, phenol, cyclohexanone, PVC, polypropylene, and other industrial chemicals. Handles half a million tons annually with ancillary services including storage in shore tanks, custom clearance, cargo-survey and delivery arrangements.
2. Healthcare Diagnostics Distribution: Exclusive distributor for Abbott Point of Care blood diagnostic products in India, serving hospitals, emergency departments, pathology labs, ambulances, and military healthcare facilities with i-STAT diagnostic systems.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

The Crescent Group operates through two main divisions: Crescent Organics Pvt Ltd distributes industrial chemicals and polymers (including methanol, toluene, phenol, cyclohexanone, PVC, and polypropylene) to Indian manufacturers across paints, coatings, agrochemicals, pharmaceuticals, and construction chemicals, handling approximately 500,000 tons annually with bulk storage and logistics services. Crescent Healthcare serves as the exclusive distributor for Abbott Point of Care in India, distributing the i-STAT handheld blood diagnostic system, single-use test cartridges, and data management software that delivers lab-quality results in 2-3 minutes at the point of care.

Product overview

The Crescent Group operates through two main divisions: Crescent Healthcare (a division of Crescent Organics Pvt Ltd) and Crescent Organics Pvt Ltd. Crescent Healthcare serves as the exclusive distributor for Abbott Point of Care in India, distributing the i-STAT System—a handheld blood diagnostic platform consisting of the i-STAT Handheld device, i-STAT Test Cartridges, and i-STAT Data Management Software that delivers lab-quality blood testing at point of care within 2-3 minutes. Crescent Organics Pvt Ltd, established in 1991, distributes petrochemicals, polymers, and fertilizers including Methanol, Toluene, Phenol, Cyclohexanone, Poly Vinyl Chloride, and Polypropylene to various industrial segments such as paints, coatings, agro chemicals, adhesives, pharmaceuticals, and construction chemicals. The Group handles half a million tons of bulk and packed products annually.

Differentiator

Problem solved

Functional benefit

Brands

• Crescent Healthcare: A division of Crescent Organics Pvt. Ltd. that caters to distribution of healthcare solutions across India, serving as exclusive distributor for Abbott Point of Care blood diagnostic technology.

Products and services

• Methanol Distribution Industrial methanol distributed by Crescent Organics for Indian industries including paints, coatings, agro chemicals, pharmaceuticals, and construction chemicals.
• Toluene Distribution Industrial solvent distributed by Crescent Organics serving paint, coating, adhesive, and pharmaceutical industry segments.
• Phenol Distribution Industrial phenol distributed by Crescent Organics for use in pharmaceuticals, construction chemicals, and other industrial applications.
• Cyclohexanone Distribution Industrial solvent and chemical intermediate distributed by Crescent Organics serving adhesive, coating, and pharmaceutical industry segments.
• Poly Vinyl Chloride (PVC) Distribution PVC polymer distributed by Crescent Organics for plastic, rubber, construction, and other industrial applications in the Indian market.
• Polypropylene Distribution Polypropylene polymer distributed by Crescent Organics serving plastic, packaging, and various industrial application segments.
• i-STAT Handheld Blood Diagnostics System Portable, battery-operated blood diagnostic device from Abbott Point of Care distributed exclusively in India by Crescent Healthcare. Delivers lab-quality blood test results in 2-3 minutes at point of care with no dedicated infrastructure required and ability to operate at high altitudes including air-borne ambulances.
• i-STAT Test Cartridges
• i-STAT Data Management Software

Quantifiable outcome

• Handles 500,000 tons of bulk and packed products annually
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

One partnership is on record.

• Abbott Laboratories (Abbott Point of Care)coreChannel Partner/ Reseller/ DistributorCrescent Healthcare is the exclusive distributor for Abbott Point of Care in India. They distribute Abbott's industry-leading blood diagnostic technology (i-STAT System) that provides lab-quality test results to healthcare facilities across the country including urban and rural health centers, hospitals, ambulances, pathology labs, and military health services.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Span Healthcare: Indian distributor of diagnostic and point-of-care devices. Comparable as a domestic distributor focused on POC and laboratory diagnostics placements into hospital and laboratory customers.
• Agappe Diagnostics: Indian in-vitro diagnostics manufacturer and distributor. Comparable for overlapping diagnostic channels and hospital/laboratory customer base to Crescent's healthcare division.

Broad incumbents

• Indian Oil Corporation (Chemicals Division): State-owned integrated oil-to-chemicals major with domestic petrochemical distribution and bulk storage. Comparable as a large-scale Indian chemical and polymer supplier competing in the same downstream industrial markets.
• Reliance Industries (Chemicals & Polymers): India's largest integrated petrochemical and polymer producer, supplying PVC, polypropylene, and downstream chemicals into similar paints, packaging, and industrial customers. Comparable as a scale incumbent on the supply side of the same chemicals Crescent distributes.
• Jubilant Ingrevia: Indian specialty chemicals and intermediates supplier serving pharmaceuticals, agrochemicals, and industrial customers. Comparable for portfolio overlap in phenol derivatives and pharmaceutical/fine-chemical adjacencies.
• Tata Chemicals: Diversified Indian chemicals player serving pharmaceuticals, agriculture, and industrial customers. Comparable for its broad industrial chemicals portfolio and institutional/government customer overlap.

Direct peers

• Transasia Bio-Medicals: India's largest IVD and diagnostics distribution company with hospital and lab reach. Comparable as a competing domestic distributor of third-party diagnostic platforms into Indian hospitals and pathology labs.
• DCW Limited: Indian manufacturer of chlor-alkali, PVC, and specialty chemicals. Comparable for its focus on commodity chemicals supplied into paints, pharma, and industrial applications — overlapping end markets with Crescent Organics.
• GHCL Limited: Indian manufacturer and trader of soda ash, PVC, and industrial chemicals serving textiles, paints, and pharma. Comparable as a mid-sized Indian chemicals company operating in adjacent commodity chemistries to Crescent's portfolio.
• Trivitron Healthcare: Indian medical device and diagnostics distributor with hospital and laboratory channel reach. Comparable to Crescent Healthcare as a domestic distributor serving hospitals, pathology labs, and government health institutions with third-party in-vitro diagnostics products.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/crescentindia
• Facebookfacebook.com/crescentindia
• LinkedInlinkedin.com/company/the-crescent-group

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

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 The Crescent Group