History and Milestones

Advanced Enzymes Technologies Ltd. was incorporated in 1989. However, our journey began in 1957, when our founder Late L. C. Rathi pioneered the extraction of papain, an enzyme complex derived from papaya fruit and widely used for pharmaceutical and medical purposes. He went on to set up India’s first enzyme manufacturing plant in 1958. Since then, we have continued to grow with that same entrepreneurial and innovative spirit and are today, the largest producer of enzymes in central Asia!

  • 2017

    Acquired 100% stake in a German based company evoxx technologies GmbH.

  • 2016

    Conducts IPO & lists itself on the Indian Stock Exchanges.
    Acquires majority stake in JC Biotech.

  • 2014

    Advanced Enzymes has received the Bio-Excellence award for being the Best Industrial Biotech Company at Bangalore India Bio 2014 event - the premier Biotechnology event in the country.
    Advanced Enzymes is ranked amongst the top 500 of India’s fastest-growing mid-sized companies list for 2013 by Inc. India.

  • 2013

    Advanced Enzymes is ranked amongst the top 500 as part of Inc. India's fastest-growing mid-sized companies' list for 2012.

  • 2012

    Advanced Enzymes consolidates it presence in the US with the take over of Advanced Supplementary Technologies Corporation as a step down subsidiary.
    Advanced Enzymes is awarded 1st runner-up as the Most Innovative Exporter by ECGC - D&B Indian Exporters' Excellence Awards 2012.
    Phase II of fermentation facility is inaugurated at Pitampur SEZ near Indore.
    Advanced Enzymes receives its first US patent.

  • 2011

    Advanced Enzymes expands its presence in the US with the takeover of Cal India Foods International (Specialty Enzymes and Biotechnologies) as a step down subsidiary.

  • 2010

    Advanced Enzymes is honoured with the 'Emerging India Awards 2010' for Life Science - Pharmaceuticals & Chemicals segment organized by ICICI Business Banking and CNBC TV18.
    Advanced Enzymes receives the Bio-Excellence 2010 award as the Best Industrial Biotech Company of the year by the department of IT-BT & ST, Govt. of Karnataka.

  • 2009

    Advanced Enzyme Far East Ltd., a subsidiary of Advanced Enzymes is dedicated to serving the Chinese market.

  • 2008

    Advanced Enzytech Solutions Ltd (Enzytech) is established as a subsidiary of Advanced Enzymes to cover non-food processing divisions.

  • 2007

    Phase I of the export oriented fermentation facility is completed at Pitampur SEZ near Indore.

  • 2006

    Advanced Enzymes acquires 10 Acre land at Pitampur SEZ near Indore to setup state-of-the-art export oriented facility.

  • 2005

    Advanced Biochemicals Limited is renamed as Advanced Enzyme Technologies Limited (or Advanced Enzymes).
    Sinnar Factory receives WHO CGMP certification.

  • 2004

    Advanced Biochemicals is ranked as the largest domestic manufacturer of Industrial Enzymes.
    Advanced Biochemicals files its first patent.

  • 2003

    Sinnar Factory receives ISO 9001:2000 Systems certification.

  • 2001

    Advanced Biochemicals' in-house R&D labs at Thane and Sinnar are recognized by the Department of Scientific and Industrial Research (DSIR), Ministry of Science and Technology, Government of India.

  • 1997

    Advanced Biochemicals turns around and reports its first profits.

  • 1996

    Advanced Biochemicals sets up a dedicated Application Research facility.

  • 1994

    SORL is merged with Advanced Biochemicals Ltd

  • 1993

    Advanced Biochemicals sets up fermentation-based enzyme manufacturing plant with the help of foreign collaboration.

  • 1992

    Advanced Biochemicals is converted from a private company to a public company and renamed as Advanced Biochemicals Limited

  • 1991

    Advanced Biochemicals commissioned its first fermentation facility at Sinnar, Maharashtra

  • 1989

    Establishment of Rathi Papains Pvt. Ltd. with Mr. L.C.Rathi and Mrs. Savita Rathi as it's founding directors.
    Advanced Biochemicals Private Ltd is incorporated to offer global and holistic enzyme solutions.

  • 1986

    Acquisition of Super Organic Research Laboratories (SORL) to begin extraction of several commercial enzymes.

  • 1978

    Mr. L.C. Rathi pioneered the production of an enzyme called Papain.

  • 1958

    Mr. L.C. Rathi sets up India's first enzyme manufacturing plant.

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