Best Advanced Materials Companies in India
The 161 best Advanced Materials companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Whizzo.
India's Advanced Materials sector has 161 companies tracked here, ranked by disclosed equity funding and recent momentum — and the numbers behind them are worth your full attention. The 161 firms have raised a combined $100M in disclosed funding, led by Whizzo at $19M and Entellus at $18M. But funding is only part of the story. Across 105 validated filers, the combined revenue pool hits $1.5B, with a median revenue of $420,448 and median growth of 29% YoY. That's earned money, not announced rounds.
The outsized earners set the real scale. Birla Carbon India pulls $487M in revenue, and Garware Technical Fibres books $180M at 16% growth with $27M in net income, 763 times the sector median of $35,375. Epsilon Carbon, expanding aggressively into EV battery components in the US, adds $316M in revenue. The [global advanced materials market sits at $76.3B and compounds at 6.04% through 2032](https://www.maximizemarketresearch.com/market-report/global-advanced-materials-market/55856/), which I'd argue underestimates how fast India's slice is moving. Severe regulatory pressure on materials performance is tightening, and the hottest themes right now are green infrastructure and urban sustainability. So if you're mapping this space, start with the revenue, not the raises.
- Advanced Materials Market: Global Industry Analysis and Forecast (2025
- Smart cities: a $400bn opportunity for advanced materials
Ranked: Best Advanced Materials companies in India
| # | Company | Disclosed funding | Revenue | Revenue YoY | Founder | Tech stack | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Epsilon Carbon Manufacturer of reinforcing grades and tread grades of hard carbon black and coal tar derivatives 60Market top 23%Fin. health top 25%Moat top 26%Product top 29% All 12 signals ▾Markettop 23% Fin. healthtop 25% Moattop 26% Producttop 29% Fundingtop 38% Newstop 44% Growthtop 45% Talentbottom 49% Innovationbottom 43% Globalbottom 37% Patentsbottom 36% Techbottom 26% Market: 634 employees (top 2% of High Tech) · Revenue ~$323M Fin. health: Revenue ~$323M (FY2024) · Net margin 9.3% rank vs industry peers · Fliar Intelligence Index 60/100 | $12M | $323M FY2025 | +6% | Gaurav Mathur CEO | WordPressMySQLPHP+14 | 5 signals Announcements · New product · Capital raise | 2 patents Biomass-derived carbon cathodes for lithium‑ion battery applications | 1 award |
| 2 | Kusumgar Manufacturer of engineered fabrics and solutions | — | $93M FY2025 | +67% | Yogesh Kusumgar Founder | WordPressMySQLPHP+19 | 9 signals IPO · M&A · Contracts | — | — |
| 3 | Kineco Manufacturer of composite products for railway, defense, aerospace, and industrial sectors | $11M | $29M FY2025 | +38% | — | Google MapsAnimate.cssBootstrap+13 | 4 signals ▲100% Contracts · M&A | 8 patents Sliding door eccentric mechanisms and coach access door hardware | — |
| 4 | Sidwin Fabrics Manufacturer of spun melt, spun bond, and meltblown nonwoven fabrics | $346K | $11M FY2025 | +28% | Suresh Patel Founder | — | — | — | — |
| 5 | Amwoodo Bamboo-based sustainable consumer products and eco-friendly alternatives | $1M | $6M FY2025 | +140% | Avijit Rajak Co-Founder & Director of Finance | WordPressMySQLPHP+29 | 4 signals Funding | — | — |
| 6 | Indowud Manufacturer of eco-friendly, zero-wood building panels | $157K | $3M FY2025 | +35% | B Bengani Co-Founder | WordPressMySQLPHP+16 | — | — | 2 launchs |
| 7 | Fermbox Company focused on developing alternative animal products through microbial precision fermentation 64Growth top 21%Fin. health top 26%Product top 36%Talent top 38% All 11 signals ▾Growthtop 21% Fin. healthtop 26% Producttop 36% Talenttop 38% Innovationtop 39% Moattop 41% Techtop 45% Fundingtop 47% Marketbottom 38% Partnersbottom 34% Globalbottom 32% Growth: Revenue +732% YoY · Fresh capital in last 24 mo Fin. health: Revenue ~$1.7M (FY2024) · Net margin 16.6% rank vs industry peers · Fliar Intelligence Index 64/100 | $3M | $2M FY2025 | +732% | Ramanan Thirumoorthy Co-Founder & Chief Scientific Officer | WordPressMySQLPHP+17 | — | — | 1 job opening · 1 award |
| 8 | Kemrock Industries and Exports Manufacturer and exporter of fibre reinforced composite materials | — | $2M FY2023 | +206% | Kalpesh Patel Founder | — | — | — | — |
| 9 | Absolute Composites Producer of composite airframes | — | $1M FY2025 | -13% | Raghav Reddy Managing Director | GoDaddy Website BuilderGoogle MapsAmazon ALB+13 | — | — | — |
| 10 | Canvaloop Online platform offering sustainable fabrics and materials from agricultural waste 50Growth top 20%Moat top 37%News top 39%Funding top 44% All 8 signals ▾Growthtop 20% Moattop 37% Newstop 39% Fundingtop 44% Fin. healthtop 44% Globalbottom 48% Techbottom 47% Marketbottom 31% Growth: Revenue +114% YoY · Fresh capital in last 24 mo Moat: Top 25% by revenue among 1223 tracked Fashion Tech companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 50/100 | $574K | $1M FY2025 | +114% | — | Wix eCommerceWixSentry+13 | 3 signals ▲200% Funding | — | 1 job opening · 1 award |
| 11 | Whizzo Manufacturer of technical and fashion textiles, yarns, and fiber products 35Funding top 34%Growth top 35%Moat top 43%Talent bottom 49% All 8 signals ▾Fundingtop 34% Growthtop 35% Moattop 43% Talentbottom 49% Globalbottom 48% Marketbottom 42% Techbottom 27% Fin. healthbottom 26% Funding: Raised $19.2M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 35/100 | $19M | $1M FY2025 | — | Shrestha Kukreja Founder & CEO | WordPress Block EditorWordPressMySQL+12 | — | — | — |
| 12 | Greenwear Operates retail store of apparel wear for women | — | $491K FY2025 | -31% | Abhishek Pathak Founder & CEO | RequireJSHSTSGoogle Workspace+2 | — | — | — |
| 13 | Brisil Technologies Manufacturer and supplier of precipitated silica for various industrial and consumer applications using… | $420K | $452K FY2025 | +65% | Tanmay Pandya Founder & CEO | WordPressMySQLPHP+15 | — | — | — |
| 14 | altM Deep-tech biorefinery company converting agricultural waste into sustainable biomaterials | $4M | $251K FY2025 | — | Yugal Jain Co-Founder & COO | Webflow EcommerceWebflowGSAP+14 | — | — | — |
| 15 | IBANSS Manufacturer of bamboo-based granules for compostable thermoplastic applications and textile fibers | $90K | $245K FY2025 | +48% | Anubhav Mittal Co Founder & CEO | — | — | — | — |
| 16 | NoPo Nanotechnologies Manufacturer of single-walled carbon nanotubes for electronics, medical, and filtration | $3M | $243K FY2025 | +428% | Arunima Patel Co-Founder | WixSentryZoho+15 | — | 3 patents Manufacturing single‑wall carbon nanotubes and CNT‑based fast‑response strain sensors. | — |
| 17 | Ad-Nano technology Develops and supplier of graphene & carbon nano tubes | — | $225K FY2025 | +76% | Mohammed Adnan Javeed CEO & Director | WordPressMySQLPHP+19 | — | — | — |
| 18 | AGNIT Semiconductors Manufacturer of gallium nitride wafers and radio frequency power components 45Growth top 23%Talent top 23%News top 36%Tech top 48% All 9 signals ▾Growthtop 23% Talenttop 23% Newstop 36% Techtop 48% Fundingtop 49% Moatbottom 48% Fin. healthbottom 40% Globalbottom 32% Marketbottom 25% Growth: Revenue +244% YoY · Fresh capital in last 24 mo Talent: 6 named leaders on record · 6 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 45/100 | $5M | $191K FY2025 | +244% | Mayank Shrivastava Co-Founder | WixSentryBootstrap+10 | 5 signals ▲25% Funding | — | 1 job opening · 1 expansion |
| 19 | Phitons Bioengineering Manufacturer of compostable and sustainable packaging solutions | $224K | $173K FY2025 | +241% | Santosh Nagasamy CEO | PHPApache HTTP ServerCloudflare+9 | — | 6 patents Starch‑based biodegradable polymer formulations and manufacturing processes for eco‑friendly materials | — |
| 20 | Fabheads Designing and prototyping services for 3D printing products 13Funding top 43%Tech top 50%Talent bottom 49%Moat bottom 47% All 9 signals ▾Fundingtop 43% Techtop 50% Talentbottom 49% Moatbottom 47% Globalbottom 37% Growthbottom 34% Marketbottom 30% Newsbottom 26% Fin. healthbottom 11% Funding: Raised $3.4M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) Tech: 16 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Cloudflare rank vs industry peers · Fliar Intelligence Index 13/100 | $3M | $168K FY2025 | -59% | Dhinesh Kanagaraj Founder & CEO | TypeScriptZone.jsAngular+13 | — | — | — |
| 21 | Anchiale Technologies Manufacturer of powerless food heater | — | $164K FY2025 | — | Harshit Jain Founder & CEO | WordPress Block EditorElementorCart Functionality+22 | — | — | — |
| 22 | Cancrie Developer of nanocarbon material from waste for energy storage devices | $1M | $134K FY2025 | +42% | Mahi Singh Co-Founder & COO | WixSentryBootstrap+11 | — | — | — |
| 23 | AltMat Manufacturer of sustainable material science solutions converting agricultural waste into natural textile… | $1M | $104K FY2025 | -20% | Shikha Shah Founder & CEO | WordPressMySQLPHP+25 | — | — | — |
| 24 | Ukhi Manufacturer of biodegradable and compostable polymers for sustainable packaging solutions | $2M | $93K FY2025 | -8% | Vishal Vivek Co-Founder & CEO | WordPressMySQLPHP+17 | — | — | — |
| 25 | Entellus Manufacturer of rare earth-based materials for clean energy and electronics 14Talent top 38%Funding top 45%Growth bottom 43%Tech bottom 43% All 8 signals ▾Talenttop 38% Fundingtop 45% Growthbottom 43% Techbottom 43% Globalbottom 37% Moatbottom 31% Marketbottom 22% Fin. healthbottom 18% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Funding: Raised $17.5M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) rank vs industry peers · Fliar Intelligence Index 14/100 | $18M | $58K FY2025 | -17% | Simha Kumar Co-Founder & CEO | WebflowGSAPLenis+15 | — | — | — |
| 26 | Dharaksha Ecosolutions Manufacturer of biodegradable packaging material produced from crop stubble waste | $3M | $55K FY2025 | -62% | Arpit Dhupar Chief Executive Officer | Wix eCommerceWixSentry+14 | — | — | — |
| 27 | AITAR Manufacturing of solar cells | — | $47K FY2025 | +240% | Sudhakar Pilli Director | — | — | — | — |
| 28 | CeraTattva InnoTech Provider of redefining materials manufacturing services | $157K | $39K FY2025 | -21% | Ravi V Co-Founder & Director | — | — | — | 1 launch |
| 29 | Royal Bengal Greentech Developer of sustainable, affordable green technologies for the MSME sector | $270K | $39K FY2025 | +60% | Pallavi Luharuka Founder & CEO | WordPress Block EditorWordPressMySQL+12 | — | — | — |
| 30 | Aegion Manufacturer of advanced material components for aerospace, energy, and industrial sectors | $148K | $38K FY2025 | +51% | Samridhi Shoor Co-Founder & CEO | — | — | — | — |
| 31 | Zerocircle Manufacturer of algae based barrier coatings for food contact packaging 10Talent top 38%Tech top 41%Funding top 46%Global bottom 37% All 9 signals ▾Talenttop 38% Techtop 41% Fundingtop 46% Globalbottom 37% Moatbottom 37% Growthbottom 25% Marketbottom 20% Newsbottom 17% Fin. healthbottom 10% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Tech: 31 technologies across 4/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 10/100 | $300K | $36K FY2025 | -85% | Varun Jain Co-Founder | WordPressMySQLPHP+22 | — | — | 2 launchs |
| 32 | BacAlt BioSciences Manufacturer of biopolymers derived from processed post harvest crop residues | $2M | $27K FY2025 | +111% | Pranav Nair Co-Founder | Framer SitesReactLenis+5 | 3 signals Funding | — | — |
Top 12 Advanced Materials companies in India
#1
Series A · Bengaluru, Karnataka · founded 2024$19.2Mraised▾
Manufacturer of technical and fashion textiles, yarns, and fiber products. The company specializes in engineered textiles designed for various industries. It offers textile design and research services to help businesses create designs and develop innovations. The business transforms visions into market-leading solutions through textile expertise. It targets automotive, agriculture, medical, packaging, protective clothing via custom R&D/design services—directly aligning with fiber/yarn innovation over basic commodities.
- Jan 2026Series A$15M
- Nov 2024Seed$4.2M
#2
Series A · Chennai, Tamil Nadu · founded 2022$17.5Mraised▾
Manufacturer of rare earth-based materials for clean energy and electronics. The company produces NdPr metal, bonded powders, and strip cast alloys. These materials are key components in the magnet supply chain. The company focuses on creating independent and globally integrated supply chains. It embeds environmental, social, and governance factors into its core processes.
- Jan 2026Series A$5.5M
- Series A$12M
#3
Seed · Bengaluru, Karnataka · founded 2019 · 14 employees$4.9Mraised▾
Manufacturer of gallium nitride wafers and radio frequency power components. The business designs and develops semiconductor devices and modules for wireless transmission and power conversion applications. Product offerings include wafers, radio frequency devices, and evaluation boards intended for use in telecommunication and strategic systems. The technical focus involves device processing and circuit design to manage power density and signal linearity.
- Mar 2026Seed$2.6M
- Sep 2024Seed$3.5M
- Feb 2021Angel$1.4M
#4
Series A · Bengaluru, Karnataka · founded 2022 · 22 employees$2.6Mraised▾
It is a synthetic biology research and manufacturing company focused on developing alternative animal products using microbial precision fermentation. They offer a wide range of products including alternative lipids, colors, flavors, proteins, and green chemistry products. Fermbox Bio has formed a strategic partnership with Dyadic International to commercialize animal-free alternative proteins.
- Mar 2026Series A$7.3M
- Apr 2025Series A$4.7M
- Mar 2024Seed—
- Sep 2023Seed$2.6M
#5
Seed · Mumbai, Maharashtra · founded 2020$6.5Mraised▾
Manufacturer of plant-based leather from mango waste. This leather is a sustainable alternative to animal and synthetic leathers. It utilizes bio-polymers derived from fermented mango waste fiber, resulting in a biodegradable and eco-friendly material. The manufacturing process involves sourcing waste mangoes directly from farmers, creating a circular economy model. The resulting leather possesses properties similar to traditional leather, suitable for various applications in fashion and other industries. The company holds exclusive manufacturing rights and patent licenses for this technology.
- Dec 2025Seed$892.5K
- Nov 2024Angel$298.5K
- Seed$5.3M
#6
Series A · Surat, Gujarat · founded 2020 · 7 employees$573.8Kraised▾
Online platform offering sustainable fabrics and materials from agricultural waste. The platform provides users with a sustainable fabrics manufacturer that uses agricultural waste to create fibers and yarns for the textile industry.
- Mar 2026Series A$1.4M
- Sep 2024Grant (prize money)$23.9K
- Apr 2024Angel$239.7K
- Aug 2023Seed$132.9K
#7
Seed · Kolkata, West Bengal · founded 2019 · 59 employees$1Mraised▾
Bamboo-based sustainable consumer products and eco-friendly alternatives. It develops eco-friendly items across categories such as personal care, hospitality supplies, packaging, and engineered bamboo materials. It focuses on promoting a plastic-free lifestyle by leveraging renewable bamboo resources, supporting sustainable manufacturing practices, and enabling environmental impact reduction through everyday consumer products.
- Dec 2025Angel$749.4K
- May 2025Seed$4M
- Apr 2024Seed$1M
- Nov 2023Seed$54K
#8
Seed · Faridabad, Haryana · founded 2019$2.5Mraised▾
Manufacturer of biodegradable and compostable polymers for sustainable packaging solutions. The company transforms agricultural waste into biopolymers, offering alternatives to petroleum-based plastics. It provides biopolymer materials for industries seeking sustainable practices and environmental preservation. The company offers biopolymers for blown film extrusion, injection moulding, and cast film extrusion. It also provides biodegradable additives.
- Aug 2025Seed$1.2M
- Aug 2025Angel$22.8K
- Oct 2024Seed$1.2M
- Oct 2024Conventional Debt—
#9
Seed · Bengaluru, Karnataka · founded 2023$2Mraised▾
Manufacturer of biopolymers derived from processed post harvest crop residues. This process utilizes agricultural waste materials to create sustainable biological polymers. These materials serve as alternatives to traditional synthetic plastics in various industrial applications.
- Sep 2025Seed$2M
#10
Series A · Chennai, Tamil Nadu · founded 2015 · 58 employees$3.4Mraised▾
Design, prototyping, tooling, production, and more using 3D printing technology for composite hardware products
- Apr 2025Series A$10M
- Jun 2024Grant (prize money)$48K
- Sep 2023Seed$685.3K
- Oct 2022Seed$457.4K
#11
Seed · Ahmedabad, Gujarat · founded 2019$1.2Mraised▾
Manufacturer of sustainable material science solutions converting agricultural waste into natural textile fibres. It uses proprietary processes and material engineering techniques to convert crop residues such as hemp, banana, pineapple, and kenaf into scalable, high-performance alternatives to conventional textile materials. It supplies fibres, yarns, and fabrics for applications in apparel, interiors, packaging, and industrial use, enabling brands to adopt lower-impact, circular material solutions in the textile supply chain.
- Oct 2025Seed$1.2M
#12
Seed · Pune, Maharashtra · founded 2020$300Kraised▾
Manufacturer of algae based barrier coatings for food contact packaging. These materials provide grease resistance for paperboard containers and food service items. The products serve as alternatives to synthetic plastic and chemical barrier coatings. The manufacturing process utilizes natural compounds to create functional packaging materials that maintain structural integrity during use.
- Jan 2026Seed$547.4K
- Jan 2025Seed$2.3M
- Nov 2024Seed$1.7M
- 2023Grant (prize money)—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Advanced Materials coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Advanced Materials is moving in India
A read on the academic research around Advanced Materials — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 601 India-affiliated papers.
- Ministry of Education37
- Indian Institute of Science Bangalore26
- Indian Institute of Technology Kharagpur22
- Academy of Scientific and Innovative Research21
- Indian Institute of Technology Delhi21
- Smart material9→28
- Elastomer1→10
- Nanotechnology4→12
- Composite material2→9
- Composite number2→7
- Smart material35→64
- Nanotechnology8→25
- Nanocomposite2→15
- Graphene2→11
- Polymer5→13
- Smart material5→22
- Nanotechnology1→11
Where advanced materials is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing advanced materials patents in India
India advanced materials patent filing is cooling — 1,335 filings from 2,316 assignees (2016–2025), led by CSIR, TATA Steel, Tata Consultancy Services; annual filings 131→109.
- CSIR479
- TATA Steel117
- Tata Consultancy Services60
- Halliburton Energy SERV59
- Indian INST Scient57
- Indian OIL55
- TATA Chemicals45
- General Electric42
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.