Agilus Diagnostics
Indian diagnostics chain
From Wikipedia, the free encyclopedia
Agilus Diagnostics Limited (formerly known as SRL Limited) is an Indian multinational diagnostics company providing diagnostic services in pathology and radiology. Agilus Diagnostics has its headquarters and corporate office in Gurgaon.
| |
| Formerly | SRL Limited[1] |
|---|---|
Company type | Public |
| Industry | Diagnostics |
| Founded | 7 July 1995 |
| Headquarters | |
Number of locations | 418+ |
Area served | India, Dubai, Afghanistan and Nepal |
Key people | Anand Kuppuswamy (MD & CEO)[2] |
| Services | Pathology, Radiology |
| Revenue |  ₹1,605 crore (US$170 million) (FY22)[3] |
| ₹425 crore (US$44 million) (FY22)[3] | |
| Owners |
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| Subsidiaries |
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| Website | agilusdiagnostics |
History
The company was founded in 1995 by brothers Shivinder Mohan Singh and Malvinder Mohan Singh as Specialty Ranbaxy Limited (SRL), a 50:50 joint venture between Ranbaxy Laboratories and US-based Specialty Laboratories.[5][6] It became the first pathology company in India to receive accreditation from National Accreditation Board.[7]
In 2001, SRL became a wholly owned subsidiary of Ranbaxy Laboratories after Ranbaxy bought out Specialty Laboratories' stake; the company was subsequently renamed SRL Ranbaxy.[8]
In 2008, SRL Ranbaxy was renamed as Super Religare Laboratories.[9]
In 2010, Super Religare Laboratories acquired Piramal Diagnostic Services and its network of 107 laboratories from Piramal Healthcare for ₹600 crore.[10]
In 2011, Fortis Healthcare completed the acquisition of 74.59% stake in Super Religare Laboratories.[11] After being acquired by Fortis, the company rebranded itself as SRL Diagnostics.[12]
In 2021, SRL Diagnostics acquired the remaining stake in its Kerala-based joint venture, DDRC, for ₹350 crore. With the addition of DDRC's 220 labs to its lab network, SRL became the biggest pathology lab chain in India with a total of 430 labs.[13]
In 2023, SRL Diagnostics changed its name to Agilus Diagnostics.[14]
Arrest
In 2019, the founder of the company Shivinder Mohan Singh and Malvinder Mohan Singh were arrested for reported perceived crimes to the Delhi police Economic Offences Wing.[15][16][17]