Chemicals and Materials · India, India

Best Chemicals and Materials Companies in India

Updated 2026-06-16 · Ranked by funding & momentum

3880 indexable Chemicals and Materials companies headquartered in India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $9.6B across 115 funded companies, including 1 unicorn.

3,880
Companies
$9.6B
Total Funding
115
Funded
1
Unicorns
2
Rounds (90d)

Ranked: Best Chemicals and Materials companies in India

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 HURL
Producer of urea as a fertilizers
$1.4B Funding Raised Conventional Debt Mar 2026 75 2016 ↑ Active
2 Valmetengg
Supplier of high-performance materials and engineered components
$14.8M Series B Series B Mar 2026 2007 ↑ Active
3 Ratnaveer
Provider of precision engineering solutions
$20.6M Public Post IPO Dec 2025 2000 ↑ Active
4 Gravita India
Recycler and manufacturer of lead, aluminium, and plastic products
$117.5M Public Post IPO Dec 2024 1,927 1992 ↑ Active
5 GFCL EV
Provider of intermediate chemicals for lithium and sodium-ion battery applications
$119M Series D Series D Oct 2024 2021 ↑ Active
6 Atomgrid
Company specializing
in manufacturing and sourcing of
speciality chemicals
$1.5M $4.8M
as of 2024
Seed Conventional Debt Jan 2026 2023 ↑ Active
7 Distil
Manufacturer of specialty chemicals
$3.1M $8M
as of 2024
Series A Series A Sep 2025 2023 ↑ Active
8 Scimplify
Manufacturer of specialty chemicals
$13.3M $38.1M
as of 2024
Series B Series B Mar 2025 91 2023 ↑ Active
9 Fabheads
Designing and prototyping services for 3D printing products
$3.4M $8.3M
as of 2022
Series A Series A Apr 2025 58 2015 ↑ Active
10 Ramcharan
Distributor of rubber, coatings, inks, and polymers materials
$4.1B $72.4M
as of 2020
Series D Series D Dec 2021 46 1965
11 POSHS metal industries
Processor of hot rolled and cold rolled steel coils and sheets
$5M Early Stage Unattributed Apr 2025 1998 ↑ Active
12 Fantail
Provider of man-made fibre textiles to businesses
$1.6M Seed Seed Jun 2025 2023 ↑ Active
13 Shyam Metalics
Manufacturer of ferro alloy and steel products
$166.7M Public Post IPO Jan 2024 3,623 1991
14 JSW Cement Unicorn
Manufacturer of cement, cementitious materials, aggregates, additives, and ready-mix concrete
$193.3M $1.1B
as of 2021
Public Conventional Debt Jun 2023 1,388 2009
15 SBL Energy
Manufacturer of industrial and mining explosives, detonators, and explosive accessories
$41.2M $3.3M
as of 2017
Series B Series B Feb 2024 164 2002
16 Thermoflyde Industries
Manufacturer and supplier of refractory products for steel plants
$2.7M Series A Series A Sep 2024 2017 ↑ Active
17 Ashima Texcellence
Manufacturer of cotton garments and fabrics
$888.9M Public Post IPO 2015 154 1982
18 Goodluck India
Manufacturer of steel and metal products
$24.1M Public Post IPO Jan 2024 3,750 1986
19 Shakti Group Companies
Diversified conglomerates operates across multiple industries
$409.1K Seed Angel Mar 2025 2003 ↑ Active
20 Insecticides
Crop protection solutions provider, fortifying agriculture with insecticides, herbicides, fungicides, and biologicals
$838M Public Post IPO Aug 2015 1,623 2002
21 Harmony Organics
Lifetime Health is a fully digital hospital-at-home platform for seniors and chronic-care patients, delivering diagnostics, treatment, and recovery at home with a 15-minute response SLA
$27.2M Series B Series B Aug 2023 115 1976
22 Techno Paints
Paint manufacturing company offering a diverse portfolio of home wall paint colors
$1.7M $22.2M
as of 2024
Seed Seed Jun 2024 197 2001 ↑ Active
23 Vishnu Chemicals
Provides manufacturing, marketing and sales of chromium chemicals.
$24.2M Public Post IPO Aug 2023 425 1990
24 Nanofil
Manufacturer of plastic compounds, masterbatches, and reinforced materials for industries
$585.8K Early Stage Unattributed Oct 2024 2009 ↑ Active
25 Inventys
Custom based manufacturer of actives, crop protection, advanced intermediates, and specialty chemicals
$64.3M $249.3M
as of 2022
Series A Series A Apr 2022 197 2005
26 Laxmi
Manufacturer of diversified chemicals
$9.9M $92.8M
as of 2012
Public Post IPO Oct 2023 954 1992
27 Aether
Manufacturer of advanced intermediates and active ingredients for multiple industries
$13.5M Public Post IPO Jul 2023 943 2013
28 Crystal Crop Protection
Manufacturer of agrochemicals for crop protection
$27.7M $311.7M
as of 2011
Early Stage Conventional Debt Nov 2022 1,338 1994
29 Jai Balaji Group
Manufacturer of raw iron and processed steel products
$111.9M Public Post IPO Nov 2019 666 1999
30 OAN Industries
Manufacturer of specialty chemicals for fertilizer industries and mining Industries
$486K $9.6M
as of 2024
Seed Seed Jun 2024 64 2011 ↑ Active
31 JBF Industries
Manufacturer of polyester yarn
$150M Late Stage PE Aug 2015 347 1982
32 Kingfa Science & Technology
Manufacturer of polypropylene compounds, thermoplastics elastomers, and fibre re-inforced composites
$145.9M Public Post IPO 750 1983
33 Shubhalakshmi Polyesters
Manufacturer of polyester chips and yarns
$39.7M $71.7M
as of 2021
Acquired Series C Jun 2021 18 2005
34 Excel Crop Care
Online slot gaming platform with diverse casino games and jackpot opportunities
$93.1M Late Stage Post IPO Jun 2016 204 2003
35 Grasim
Manufacturer of fabrics and synthetic yarn products
$95.1M Public Conventional Debt Jun 1998 1,318 1947
36 Innocule
Provider of chemical solutions for efficient mineral processing
$957.9K $309.7K
as of 2016
Seed Seed May 2024 118 2014
37 Janki Corp
Processor of textile and steel products
$5.9M Series A Series A Jan 2023 175 2004
38 The Anthea Group
Manufacturer of specialty chemical products
$28.8M $73.4M
as of 2019
Early Stage Unattributed May 2019 88 1992
39 Monnet Ispat & Energy
Manufacturer of ferroalloys, coal washing, and real estate services
$50M Acquired PE Aug 2011 2,356 1994
40 Haldia Petrochemicals
Manufacturer of polyethylene products
$46.3M Late Stage PE 2015 1,072 1985
41 Anthea
Manufacturer of specialty chemicals for flavour, fragrance, pharmaceutical, and agro industries
$28.8M $73.4M
as of 2019
Funding Raised May 2019 88 1991
42 Keva
Manufacturer of flavours and fragrances
$44M Public PE Sep 2012 557 1922
43 Eternis
Manufacturer of aroma chemicals and esters
$12.3M $108.2M
as of 2021
Series B Series B Jan 2021 513 1988
44 Pennar
Manufacturer of precision-engineered products and building solutions
$35.7M Public Post IPO Oct 2012 2,227 1988
45 Bodal Chemicals
Manufacturer of diversified chemical preservatives
$25.2M Public Post IPO Jul 2019 1,823 1989
46 Vikas Lifecare
Manufacturer and trader of PVC and plastic products
$6.4M Public Post IPO Jun 2022 5 2021
47 Flexituff
Online platform for technical textile and irrigation component solutions
$34M Public Post IPO Nov 2013 1 1993
48 Everlon Synthetics
Manufacturer of polyester texturised yarn
$37.5M Public Post IPO 4 1989
49 Aarti Industries
Manufacturer of specialty chemicals, pharmaceutical products, and surfactants
$10.6M Public Post IPO Jul 2021 6,655 1984
50 Saravan Global Energy
Manufactures ceramic electrical insulators
$25M $31.4M
as of 2016
Seed Seed Oct 2016 51 2004

Top 12 Chemicals and Materials companies in India

#1
HURL Funding Raised
$1.4B Raised
expand_more
#1

HURL Funding Raised

location_onDelhi, Delhi
Founded
2016
Employees
75
Funding raised
$1.4B
Stage
Funding Raised

Hindustan Urvarak & Rasayan Limited (HURL) is a joint venture company incorporated by Indian Oil Corporation Limited (IOCL), NTPC Limited, Coal India Limited (CIL), Fertilizer Corporation of India Limited (FCIL), and Hindustan Fertilizer Corporation Limited (HFCL). The company offers various job openings for executives and non-executives, and has plants in Gorakhpur, Barauni, and Sindri. HURL's website also provides

Funding rounds (1 disclosed of 1)
Round Date Amount
Conventional Debt Mar 2026 $1.4B
Investors
Tech stack
apache http serverapexcharts.jsbootstrapbootstrap iconschart.jscodeigniter+14
#2
Valmetengg Series B
$14.8M Raised
expand_more
#2

Valmetengg Series B

location_onIndia
Founded
2007
Funding raised
$14.8M
Stage
Series B

Supplier of high-performance materials and engineered components. It sources and supplies a variety of materials, including nickel and cobalt-based superalloys, titanium alloys, and specialty steels. The company also manufactures value-added cut parts, near-net shapes, components, and sub-assemblies. In-house capabilities include water-jet cutting, milling, turning, and various other machining processes. Materials te

Funding rounds (1 disclosed of 1)
Round Date Amount
Series B Mar 2026 $14.8M
Investors
Tech stack
apache http serverbootstrapcart functionalitycontact form 7font awesomegodaddy+14
#3
Ratnaveer Public
$20.6M Raised
expand_more
#3

Ratnaveer Public

location_onVadodara, Gujarat
Founded
2000
Funding raised
$20.6M
Stage
Public

Ratnaveer Precision Engineering Limited is an ISO-9001 company that was established in 2000 in Savli (Manjusar), India. They are a leading manufacturer and supplier of stainless steel washers.

Funding rounds (1 disclosed of 1)
Round Date Amount
Post IPO Dec 2025 $20.6M
Tech stack
animate.cssbootstrapfont awesomegoogle analyticsgoogle mapsgoogle tag manager+8
#4
Gravita India Public
$117.5M Raised
expand_more
#4

Gravita India Public

location_onJaipur, Rajasthan
Founded
1992
Employees
1,927
Funding raised
$117.5M
Stage
Public

Recycler and manufacturer of lead, aluminium, and plastic products. The company recycles lead & lead products, plastic, and aluminium using environmentally friendly processes. It manufactures plastics and non-ferrous metals, including aluminium and lead. The company provides turnkey project solutions for lead smelting and recycling. It offers consulting services to assist organizations in complying with government po

Funding rounds (1 disclosed of 3)
Round Date Amount
Post IPO Dec 2024 $117.5M
Post IPO May 2023 Undisclosed
Post IPO Jan 2022 Undisclosed
Tech stack
animate.cssapache http serverbootstrapcontact form 7core-jsfacebook pixel+14
#5
GFCL EV Series D
$119M Raised
expand_more
#5

GFCL EV Series D

location_onNoida, Uttar Pradesh
Founded
2021
Funding raised
$119M
Stage
Series D

Provider of intermediate chemicals for lithium and sodium-ion battery applications. The company offers battery binders, electrolytes, salts, and other battery cell components. These products cater to electric vehicle, energy storage systems, and consumer electronics applications. The company aims to advance sustainable progress through eco-friendly operations.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series D Oct 2024 $119M
Tech stack
aosazureazure front doorbootstrapbootstrap iconsgoogle font api+6
#6
Atomgrid Seed
$1.5M Raised
expand_more
#6

Atomgrid Seed

location_onBengaluru, Karnataka
Founded
2023
Funding raised
$1.5M
Valuation
$4.8M · 2024
Stage
Seed

Company specializing
in manufacturing and sourcing of
speciality chemicals. It provides integrated solutions across R&D, process development, and scalable manufacturing for global chemical needs. It offers products and services across key chemistries including bromination, sulfonation, nitration, chlorination, Grignard reactions, and oxidation.

Funding rounds (2 disclosed of 3)
Round Date Amount
Conventional Debt Jan 2026 Undisclosed
Seed Oct 2025 $7M
Seed Feb 2024 $1.2M
Tech stack
cloudflaregoogle font apigoogle hosted librariesgoogle workspacehstshttp/3+7
#7
Distil Series A
$3.1M Raised
expand_more
#7

Distil Series A

location_onMumbai, Maharashtra
Founded
2023
Funding raised
$3.1M
Valuation
$8M · 2024
Stage
Series A

Manufacturer of specialty chemicals. It provides a broad spectrum of specialty chemical solutions encompassing research, formulation, manufacturing, customization, and distribution. Its platform is designed to help customers, mainly manufacturers across verticals, like aroma and food, beauty and personal care, pharmaceuticals, coatings, masterbatches, and compounds.

Funding rounds (2 disclosed of 2)
Round Date Amount
Series A Sep 2025 $7.7M
Seed Mar 2024 $3.1M
#8
Scimplify Series B
$13.3M Raised
expand_more
#8

Scimplify Series B

location_onBengaluru, Karnataka
Founded
2023
Employees
91
Funding raised
$13.3M
Valuation
$38.1M · 2024
Stage
Series B

Manufacturer of specialty chemicals. The company integrates scientific research, precision manufacturing, and digital technology. It delivers high-quality solutions across diverse industries.

Funding rounds (3 disclosed of 3)
Round Date Amount
Series B Mar 2025 $40M
Series A Jul 2024 $10.4M
Seed Nov 2023 $3.8M
Tech stack
amazon cloudfrontamazon sesamazon web servicescalendlycloudflare turnstilecore-js+14
#9
Fabheads Series A
$3.4M Raised
expand_more
#9

Fabheads Series A

location_onChennai, Tamil Nadu
Founded
2015
Employees
58
Funding raised
$3.4M
Valuation
$8.3M · 2022
Stage
Series A

Design, prototyping, tooling, production, and more using 3D printing technology for composite hardware products

Funding rounds (7 disclosed of 7)
Round Date Amount
Series A Apr 2025 $10M
Grant (prize money) Jun 2024 $48K
Seed Sep 2023 $685.3K
Seed Oct 2022 $457.4K
Seed Aug 2021 $255.9K
Seed Feb 2021 $1.4M
1 earlier round — sign up free
Tech stack
amazon web servicesangularbootstrap iconscloudflarecloudflare bot managementcore-js+10
#10
Ramcharan Series D
$4.1B Raised
expand_more
#10

Ramcharan Series D

location_onChennai, Tamil Nadu
Founded
1965
Employees
46
Funding raised
$4.1B
Valuation
$72.4M · 2020
Stage
Series D

The company is a chemical and materials distributor located in Chennai.It distributes tyres, tubes, industrial rubber,products, coatings, inks, and polymers materials

#11
$5M Raised
expand_more
#11

POSHS metal industries Early Stage

location_onPune, Maharashtra
Founded
1998
Funding raised
$5M
Stage
Early Stage

Processor of hot rolled and cold rolled steel coils and sheets. The company offers coil slitting, coil cutting, die blanking, and trapezoidal cutting. These processes transform steel coils into narrower coils or sheets of specific sizes and shapes. The company provides processed steel for various customer applications.

Funding rounds (1 disclosed of 1)
Round Date Amount
Unattributed Apr 2025 $5M
Founders & key people
Tech stack
font awesomegoogle font apigoogle workspaceiisjquerymediaelement.js+5
#12
Fantail Seed
$1.6M Raised
expand_more
#12

Fantail Seed

location_onBengaluru, Karnataka
Founded
2023
Funding raised
$1.6M
Stage
Seed

Provider of man-made fibre textiles to businesses. The company has certified mills, consistant supply, ready to ship, and brand centric approach. They partner with brands, exporters, and manufacturers for the supply of man-made fibres.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Jun 2025 $1.6M
Founders & key people

Recent signals in India Chemicals and Materials

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Funding & investor landscape

Total raised
$9.6B
across these companies
Companies funded
115
with disclosed funding
Highest-funded
$4.1B raised

Most active investors

B BIRAC 15 investments in Chemicals and Materials E Europa 6 investments in Chemicals and Materials IV ICICI Venture 6 investments in Chemicals and Materials BC Brand Capital 4 investments in Chemicals and Materials I IBAC 4 investments in Chemicals and Materials I Innoeversity 4 investments in Chemicals and Materials RE Rare Enterprises 4 investments in Chemicals and Materials AV Analah Ventures 3 investments in Chemicals and Materials C Citi 3 investments in Chemicals and Materials EC Elevation Capital 3 investments in Chemicals and Materials I IFC 3 investments in Chemicals and Materials I IIML 3 investments in Chemicals and Materials

Notable founders in India Chemicals and Materials

AG Arun Gupta Managing Director & CEO HURL · $1.4B raised
RA Rajat Agrawal Co-Founder & Managing Director Gravita India · $117.5M raised
YM Yogesh Malhotra CEO Gravita India · $117.5M raised
LB Lakshit Bansal Co-Founder Atomgrid · $1.5M raised
SG Siddharth Gupta Co-Founder Atomgrid · $1.5M raised
AA Atanuu Agarrwal Co-Founder & CEO Distil · $3.1M raised
VS Viraj Shah Co-Founder Distil · $3.1M raised
DD Dheeraj Dhingra Co-Founder Scimplify · $13.3M raised
SK Srivastava Salil kumar Co-Founder Scimplify · $13.3M raised
SS Sachin Santhosh Co-Founder Scimplify · $13.3M raised
DK Dhinesh Kanagaraj Founder & CEO Fabheads · $3.4M raised

Frequently asked questions

How many Chemicals and Materials companies are there in India?
Radar tracks 3880 indexable Chemicals and Materials companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Chemicals and Materials companies in India?
The Chemicals and Materials companies in India on this list have raised a combined $9.6B in disclosed equity funding across 115 funded companies.
Which is the highest-funded Chemicals and Materials company in India?
Ramcharan is the highest-funded Chemicals and Materials company in India, with $4.1B in disclosed equity funding.
How many Chemicals and Materials companies in India are funded?
115 of the 3880 Chemicals and Materials companies in India on this list have disclosed at least one equity funding round.
How many Chemicals and Materials unicorns are there in India?
1 Chemicals and Materials company in India on this list is valued at $1B or more.
Who are the top investors in India Chemicals and Materials companies?
The most active investors in India Chemicals and Materials companies on this list include BIRAC, Europa, ICICI Venture, Brand Capital, IBAC.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-16.

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