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Thyrocare is an Indian multinational chain of diagnostic and preventive care laboratories, headquartered in Navi Mumbai, Maharashtra. The company was founded in 1996 by A. Velumani, a former scientist at the Bhabha Atomic Research Centre (BARC) in Mumbai.Thyrocare started with a focus on thyroid testing, recognizing the significant potential for thyroid testing in India. The first laboratory was set up in Byculla, Mumbai, and later shifted to a larger setup in Navi Mumbai, which became the company's main headquarters and central processing laboratory Current Valuation of company is 409 million us dollars.
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