Radar Companies Chemicals and Materials · India
Radar · Chemicals and Materials in India

Best Chemicals and Materials Companies in India

The 3880 best Chemicals and Materials companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Ramcharan.

3880companies tracked
$9.6Bdisclosed funding
1unicorns
107have raised

When you're mapping the best Chemicals and Materials companies in India by disclosed equity funding and recent funding momentum, the numbers land harder than the narrative. This directory tracks 3,880 companies, with $9.6 billion in total disclosed funding across the sector. One unicorn. That figure alone tells you the industry is still consolidating around a handful of serious capital recipients rather than a broad-based funding wave.

HURL anchors the top of the list at $1.4 billion in disclosed funding, a figure that dwarfs every other name here by an order of magnitude. GFCL EV and Gravita India sit in the $117M to $119M range, which I'd call the sector's credible second tier. Below that, names like Ratnaveer ($21M) and Valmetengg ($15M) show a long tail of early-stage players. So the funding distribution is steep. Active investors including ICICI Venture, BIRAC and Brand Capital are shaping where capital flows next, and the 32 chemicals and building materials apps tracked show median install growth of roughly 18% year-over-year, suggesting digital tooling around the sector is gaining real traction. Coverage is thinning, but the hot themes are practical: chemical safety assessments, OSHA standards compliance and portland cement. The operational fundamentals are what matter here, not the hype.

Sources & further reading
  • India's National Fertilizers posts quarterly profit drop on weak demand
  • Plastic Recovery July PSC Seeks to Inspire Pet Companies to Act Against Plastic
  • Paradeep Phosphates completes merger with Mangalore Chemicals and Fertilizers
FLIAR INTELLIGENCE · CHEMICALS AND MATERIALS × INDIA

Our analysis of 84 Chemicals and Materials companies

$9.3b in tracked funding; 55% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

84companies analysed
55%cloud-native stacks
2024funding peak (by rounds)
1unicorns
1993median founding year
1.5Mcombined LinkedIn audience
43%of audience held by top 3
8companies hiring publicly (12 mo)

Ranked: Best Chemicals and Materials companies in India

#CompanyRevenueDisclosed fundingRevenue YoYEmployeesFounderMarket signals (1y)Patents & IP focusRecent signals
1Grasim
Manufacturer of fabrics and synthetic yarn products
74Patents top 21%Market top 23%Fin. health top 24%Innovation top 25%
All 12 signals ▾
Patentstop 21%
Markettop 23%
Fin. healthtop 24%
Innovationtop 25%
Moattop 26%
Fundingtop 30%
Producttop 39%
Newstop 45%
Partnersbottom 48%
Growthbottom 45%
Techbottom 41%
Globalbottom 38%
Patents: 54 patents matched (strict assignee match) · 42 filings since 2022 vs 12 in 2017-21
Market: 1,318 employees (top 19% of Chemicals and Materials) · Revenue ~$17.7B
rank vs industry peers · Fliar Intelligence Index 74/100
$17.7B
FY2025
$95M+13%1,31835 signals ▼33%
Earnings · Announcements · Leadership
54 patents
Advanced processes and additives for high‑tenacity, flame‑retardant, hydrophobic lyocell/regenerated cellulose fibers
1 expansion
2HURL
Producer of urea as a fertilizers
76Fin. health top 27%Market top 28%Funding top 28%Moat top 28%
All 9 signals ▾
Fin. healthtop 27%
Markettop 28%
Fundingtop 28%
Moattop 28%
Newstop 36%
Growthtop 42%
Talentbottom 48%
Techbottom 46%
Globalbottom 30%
Fin. health: Revenue ~$1.9B (FY2024) · Net margin 8.8%
Market: 75 employees (top 42% of Food and Agriculture) · Revenue ~$1.9B
rank vs industry peers · Fliar Intelligence Index 76/100
$1.9B
FY2025
$1.4B+6%75Arun Gupta
Managing Director & CEO
3 signals
Regulatory · Funding · Leadership
3Shyam Metalics
Manufacturer of ferro alloy and steel products
72Market top 24%Product top 24%News top 28%Fin. health top 32%
All 11 signals ▾
Markettop 24%
Producttop 24%
Newstop 28%
Fin. healthtop 32%
Fundingtop 33%
Techtop 33%
Moattop 34%
Talentbottom 49%
Growthbottom 48%
Innovationbottom 46%
Globalbottom 32%
Market: 3,623 employees (top 9% of Chemicals and Materials) · Revenue ~$1.8B
Product: 1 product launch event in 12 mo · 9 distinct product lines
rank vs industry peers · Fliar Intelligence Index 72/100
$1.8B
FY2025
$167M+15%3,623
3,623 → 3,569 (-1%) · sector median -3%
Brij Agarwal
Managing Director & Chairman
37 signals ▲76%
Announcements · Earnings · Capital raise
1 job opening
4Haldia Petrochemicals
Manufacturer of polyethylene products
57Fin. health top 14%Market top 29%Moat top 36%Talent top 38%
All 12 signals ▾
Fin. healthtop 14%
Markettop 29%
Moattop 36%
Talenttop 38%
Growthtop 42%
Fundingtop 43%
Partnerstop 50%
Techbottom 44%
Globalbottom 40%
Patentsbottom 38%
Newsbottom 37%
Innovationbottom 18%
Fin. health: Revenue ~$1.7B (FY2015) · Net margin 12.9%
Market: 1,072 employees (top 21% of Chemicals and Materials) · Revenue ~$1.7B
rank vs industry peers · Fliar Intelligence Index 57/100
$1.7B
FY2025
$46M+182938%1,072
1,072 → 1,868 (+74%) · sector median -3%
Purnendu Chatterjee
Founder
3 signals ▼50%
Announcements · Contracts
5 patents
Patents concentrated in chemistry & materials
1 expansion
5Aarti Industries
Manufacturer of specialty chemicals, pharmaceutical products, and surfactants
74Partners top 19%Product top 19%Market top 25%Moat top 25%
All 13 signals ▾
Partnerstop 19%
Producttop 19%
Markettop 25%
Moattop 25%
Innovationtop 26%
Techtop 28%
Patentstop 30%
Newstop 32%
Fin. healthtop 35%
Fundingtop 41%
Talenttop 41%
Growthbottom 41%
Globalbottom 37%
Partners: 2 partnership announcements in 12 mo (2 in 24 mo) · 7 contract events in 12 mo
Product: 3 distinct product lines · Company stage: Public
rank vs industry peers · Fliar Intelligence Index 74/100
$771M
FY2024
$11M-4%6,655
6,655 → 5,118 (-23%) · sector median -3%
Chandrakant Gogri
Founder
23 signals
Earnings · Contracts · Regulatory
40 patents
Synthesis of fluorinated aromatic and nitrile intermediates for pharmaceuticals
2 awards
6Jai Balaji Group
Manufacturer of raw iron and processed steel products
62Product top 14%Innovation top 20%Funding top 28%Moat top 31%
All 11 signals ▾
Producttop 14%
Innovationtop 20%
Fundingtop 28%
Moattop 31%
Markettop 34%
Talenttop 45%
Fin. healthtop 46%
Growthbottom 39%
Techbottom 39%
Globalbottom 39%
Newsbottom 27%
Product: 8 distinct product lines · Company stage: Public
Innovation: 8 product lines
rank vs industry peers · Fliar Intelligence Index 62/100
$759M
FY2025
$112M-3%666
666 → 1,449 (+118%) · sector median -3%
Aditya Jajodia
Chairman & Managing Director
1 award
7JSW Cement 🦄
Manufacturer of cement, cementitious materials, aggregates, additives, and ready-mix concrete
78Innovation top 20%Funding top 20%News top 21%Moat top 24%
All 12 signals ▾
Innovationtop 20%
Fundingtop 20%
Newstop 21%
Moattop 24%
Markettop 27%
Fin. healthtop 32%
Partnerstop 33%
Producttop 34%
Talenttop 38%
Growthtop 50%
Techbottom 46%
Globalbottom 39%
Innovation: 4 product lines
Funding: Raised $193M across 3 rounds · 3 rounds over 5 yrs (0.6/yr)
rank vs industry peers · Fliar Intelligence Index 78/100
$700M
FY2025
$193M-3%1,388
1,388 → 2,887 (+108%) · sector median -3%
Nilesh Narwekar
CEO
66 signals ▲371%
IPO · Earnings · Announcements
8Gravita India
Recycler and manufacturer of lead, aluminium, and plastic products
72Funding top 21%Fin. health top 26%Market top 31%Moat top 36%
All 9 signals ▾
Fundingtop 21%
Fin. healthtop 26%
Markettop 31%
Moattop 36%
Talenttop 38%
Growthtop 50%
Techtop 50%
Newsbottom 48%
Globalbottom 37%
Funding: Raised $117M across 1 rounds · 1 rounds over 4 yrs (0.2/yr)
Fin. health: Revenue ~$471M (FY2018) · Net margin 6.0%
rank vs industry peers · Fliar Intelligence Index 72/100
$471M
FY2025
$117M+23%1,927Rajat Agrawal
Co-Founder & Managing Director
13 signals ▼63%
Earnings · M&A · Capital raise
9Goodluck India
Manufacturer of steel and metal products
69Product top 14%Innovation top 20%Moat top 21%Market top 26%
All 12 signals ▾
Producttop 14%
Innovationtop 20%
Moattop 21%
Markettop 26%
Fundingtop 30%
Talenttop 33%
Partnerstop 40%
Fin. healthtop 42%
Newsbottom 48%
Techbottom 41%
Growthbottom 40%
Globalbottom 34%
Product: 12 distinct product lines · Company stage: Public
Innovation: 12 product lines
rank vs industry peers · Fliar Intelligence Index 69/100
$470M
FY2025
$24M+12%3,750Mahesh Garg
Founder
9 signals ▼50%
Earnings · Contracts · Capital raise
10Pennar
Manufacturer of precision-engineered products and building solutions
67Product top 14%Innovation top 20%Market top 30%Funding top 33%
All 11 signals ▾
Producttop 14%
Innovationtop 20%
Markettop 30%
Fundingtop 33%
Moattop 33%
Fin. healthtop 36%
Talentbottom 49%
Techbottom 44%
Growthbottom 40%
Globalbottom 37%
Newsbottom 34%
Product: 4 distinct product lines · Company stage: Public
Innovation: 4 product lines
rank vs industry peers · Fliar Intelligence Index 67/100
$386M
FY2025
$36M+3%2,227
2,227 → 2,415 (+8%) · sector median -3%
Murali D
CEO
3 signals ▼73%
Board
1 award
11Laxmi
Manufacturer of diversified chemicals
64Product top 14%Innovation top 20%Market top 34%Funding top 34%
All 12 signals ▾
Producttop 14%
Innovationtop 20%
Markettop 34%
Fundingtop 34%
Moattop 34%
Partnerstop 38%
Fin. healthtop 43%
Newstop 49%
Talentbottom 49%
Growthbottom 45%
Globalbottom 37%
Techbottom 27%
Product: 6 distinct product lines · Company stage: Public
Innovation: 6 product lines
rank vs industry peers · Fliar Intelligence Index 64/100
$356M
FY2025
$10M+4%954
954 → 1,406 (+47%) · sector median -3%
Rajan Venkatesh
CEO and Managing Director
7 signals ▼42%
Earnings · Contracts · Leadership
12Crystal Crop Protection
Manufacturer of agrochemicals for crop protection
76Customers top 13%Innovation top 20%Moat top 29%Market top 31%
All 12 signals ▾
Customerstop 13%
Innovationtop 20%
Moattop 29%
Markettop 31%
Fundingtop 32%
Fin. healthtop 32%
Newstop 33%
Producttop 37%
Growthtop 42%
Talenttop 46%
Techbottom 44%
Globalbottom 37%
Customers: App rating 4.5★ (219 reviews)
Innovation: 6 product lines
rank vs industry peers · Fliar Intelligence Index 76/100
$323M
FY2025
$28M+20%1,338Satyender Singh
CEO
8 signals ▲60%
Acquisition · Leadership · IPO
13Keva
Manufacturer of flavours and fragrances
64Product top 14%Innovation top 20%Moat top 30%Funding top 32%
All 11 signals ▾
Producttop 14%
Innovationtop 20%
Moattop 30%
Fundingtop 32%
Markettop 36%
Fin. healthtop 39%
Talenttop 41%
Newsbottom 43%
Globalbottom 43%
Techbottom 42%
Growthbottom 40%
Product: 4 distinct product lines · Company stage: Public
Innovation: 4 product lines
rank vs industry peers · Fliar Intelligence Index 64/100
$254M
FY2025
$44M+16%557
557 → 871 (+56%) · sector median -3%
Kedar Vaze
CEO
14Bodal Chemicals
Manufacturer of diversified chemical preservatives
57Fin. health top 35%Funding top 37%Market top 41%Tech top 48%
All 8 signals ▾
Fin. healthtop 35%
Fundingtop 37%
Markettop 41%
Techtop 48%
Talentbottom 45%
Growthbottom 43%
Newsbottom 27%
Globalbottom 25%
Fin. health: Revenue ~$208M (FY2021) · Net margin 1.1%
Funding: Raised $25.2M across 1 rounds · 1 rounds over 7 yrs (0.1/yr)
rank vs industry peers · Fliar Intelligence Index 57/100
$208M
FY2025
$25M+24%1,823Suresh Patel
Managing Director
15Kingfa Science & Technology
Manufacturer of polypropylene compounds, thermoplastics elastomers, and fibre re-inforced composites
69Funding top 24%Product top 24%Market top 33%Fin. health top 33%
All 10 signals ▾
Fundingtop 24%
Producttop 24%
Markettop 33%
Fin. healthtop 33%
Growthtop 38%
Innovationtop 40%
Talentbottom 49%
Globalbottom 34%
Techbottom 23%
Newsbottom 21%
Funding: Raised $146M across 1 rounds · Stage: Public
Product: 2 distinct product lines · Company stage: Public
rank vs industry peers · Fliar Intelligence Index 69/100
$207M
FY2025
$146M+18%750Bo Jingen
Managing Director
16Vishnu Chemicals
Provides manufacturing, marketing and sales of chromium chemicals.
64Product top 24%Funding top 30%Fin. health top 32%Market top 37%
All 9 signals ▾
Producttop 24%
Fundingtop 30%
Fin. healthtop 32%
Markettop 37%
Innovationtop 40%
Growthtop 47%
Techtop 47%
Newsbottom 41%
Globalbottom 34%
Product: 2 distinct product lines · Company stage: Public
Funding: Raised $24.2M across 1 rounds · 1 rounds over 3 yrs (0.3/yr)
rank vs industry peers · Fliar Intelligence Index 64/100
$173M
FY2025
$24M+19%4257 signals ▼53%
Leadership · Acquisition · Announcements
2 awards
17SBL Energy
Manufacturer of industrial and mining explosives, detonators, and explosive accessories
62Growth top 27%Fin. health top 28%Moat top 31%Funding top 40%
All 9 signals ▾
Growthtop 27%
Fin. healthtop 28%
Moattop 31%
Fundingtop 40%
Techtop 42%
Marketbottom 47%
Talentbottom 45%
Globalbottom 37%
Newsbottom 21%
Growth: Headcount 112 → 164 (+46%) across vintages · Revenue +98% YoY
Fin. health: Revenue ~$130M (FY2018) · Net margin 7.8%
rank vs industry peers · Fliar Intelligence Index 62/100
$130M
FY2025
$41M+98%164
164 → 91 (-45%) · sector median -3%
Sanjay Choudhary
Owner
18Janki Corp
Processor of textile and steel products
42Innovation top 20%Product top 36%Talent top 45%Funding top 46%
All 9 signals ▾
Innovationtop 20%
Producttop 36%
Talenttop 45%
Fundingtop 46%
Fin. healthtop 49%
Marketbottom 46%
Growthbottom 29%
Techbottom 25%
Globalbottom 25%
Innovation: 7 product lines
Product: 7 distinct product lines · Company stage: Series A
rank vs industry peers · Fliar Intelligence Index 42/100
$118M
FY2025
$6M-20%175Raghunath Mittal
Founder
19POSHS metal industries
Processor of hot rolled and cold rolled steel coils and sheets
40Funding top 35%Market top 45%Fin. health top 50%Talent bottom 45%
All 7 signals ▾
Fundingtop 35%
Markettop 45%
Fin. healthtop 50%
Talentbottom 45%
Growthbottom 43%
Globalbottom 33%
Techbottom 18%
Funding: Raised $5.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
Market: Revenue ~$107M · Top 16% by revenue among 372 tracked Metals and Alloys peers
rank vs industry peers · Fliar Intelligence Index 40/100
$107M
FY2025
$5M-8%Vikram Puri
CEO
20Aether
Manufacturer of advanced intermediates and active ingredients for multiple industries
69Innovation top 20%Product top 24%Fin. health top 30%Moat top 31%
All 12 signals ▾
Innovationtop 20%
Producttop 24%
Fin. healthtop 30%
Moattop 31%
Fundingtop 33%
Talenttop 38%
Markettop 39%
Newsbottom 48%
Partnersbottom 47%
Growthbottom 46%
Techbottom 44%
Globalbottom 37%
Innovation: 5 product lines
Product: 5 distinct product lines · 1 published app (109 installs)
rank vs industry peers · Fliar Intelligence Index 69/100
$104M
FY2025
$13M+38%943Ashwin Desai
Managing Director
14 signals ▼58%
Earnings · Regulatory · M&A
21Vikas Lifecare
Manufacturer and trader of PVC and plastic products
29Moat top 30%Fin. health top 45%Funding top 50%Talent bottom 49%
All 9 signals ▾
Moattop 30%
Fin. healthtop 45%
Fundingtop 50%
Talentbottom 49%
Marketbottom 42%
Growthbottom 41%
Globalbottom 37%
Techbottom 34%
Newsbottom 27%
Moat: Top 3% by revenue among 39 tracked Polymer Additives companies · Editorial + unicorn rating 1/10
Fin. health: Revenue ~$59.9M (FY2022) · Net margin 0.6%
rank vs industry peers · Fliar Intelligence Index 29/100
$60M
FY2025
$6M+7%5Vijay Sharma
Co-CEO
22Flexituff
Online platform for technical textile and irrigation component solutions
22Moat top 27%Funding top 35%Talent top 45%Fin. health top 48%
All 9 signals ▾
Moattop 27%
Fundingtop 35%
Talenttop 45%
Fin. healthtop 48%
Newsbottom 43%
Marketbottom 38%
Globalbottom 37%
Techbottom 36%
Growthbottom 21%
Moat: Top 7% by revenue among 143 tracked Diversified Materials companies · Editorial + unicorn rating 2/10
Funding: Raised $34.0M across 2 rounds · 2 rounds over 13 yrs (0.2/yr)
rank vs industry peers · Fliar Intelligence Index 22/100
$54M
FY2025
$34M-24%1Mahesh Sharma
CEO & Advisor
23The Anthea Group
Manufacturer of specialty chemical products
76Fin. health top 26%Product top 28%Innovation top 30%Talent top 33%
All 10 signals ▾
Fin. healthtop 26%
Producttop 28%
Innovationtop 30%
Talenttop 33%
Growthtop 34%
Fundingtop 36%
Moattop 38%
Techtop 50%
Marketbottom 49%
Globalbottom 37%
Fin. health: Revenue ~$50.0M (FY2018) · Net margin 22.7%
Product: 3 distinct product lines
rank vs industry peers · Fliar Intelligence Index 76/100
$50M
FY2025
$29M+970%88
88 → 65 (-26%) · sector median -3%
Mathew Menacherry
Co-Founder & Director
24Shubhalakshmi Polyesters
Manufacturer of polyester chips and yarns
57Talent top 28%Moat top 31%Growth top 35%Funding top 36%
All 10 signals ▾
Talenttop 28%
Moattop 31%
Growthtop 35%
Fundingtop 36%
Producttop 42%
Fin. healthtop 43%
Techtop 47%
Marketbottom 42%
Globalbottom 37%
Newsbottom 22%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 13% by revenue among 414 tracked Textile Yarn companies · Editorial + unicorn rating 2/10
rank vs industry peers · Fliar Intelligence Index 57/100
$46M
FY2025
$40M+328%18Ramu raman Agarwal
Founder
25Harmony Organics
Lifetime Health is a fully digital hospital-at-home platform for seniors and chronic-care patients…
45Talent top 28%Product top 30%Funding top 35%Moat top 36%
All 12 signals ▾
Talenttop 28%
Producttop 30%
Fundingtop 35%
Moattop 36%
Growthtop 41%
Fin. healthtop 46%
Techbottom 48%
Marketbottom 44%
Globalbottom 38%
Patentsbottom 32%
Innovationbottom 28%
Newsbottom 18%
Talent: Analyst team rating 4/5
Product: 6 distinct product lines · Company stage: Series B
rank vs industry peers · Fliar Intelligence Index 45/100
$37M
FY2025
$27M+11%115
115 → 85 (-26%) · sector median -3%
2 patents
Continuous ion‑exchange resin catalysis for methyl pentenone production in fixed‑bed reactors
2 job openings · 1 partnership
26Nanofil
Manufacturer of plastic compounds, masterbatches, and reinforced materials for industries
29Growth bottom 49%Market bottom 46%Talent bottom 45%Fin. health bottom 44%
All 7 signals ▾
Growthbottom 49%
Marketbottom 46%
Talentbottom 45%
Fin. healthbottom 44%
Fundingbottom 38%
Techbottom 30%
Globalbottom 25%
Growth: Revenue +11% YoY · Fresh capital in last 24 mo
Market: Revenue ~$29.0M · Top 17% by revenue among 395 tracked Polymers peers
rank vs industry peers · Fliar Intelligence Index 29/100
$29M
FY2025
$586K+11%Sanjeev Gautam
CEO
27Techno Paints
Paint manufacturing company offering a diverse portfolio of home wall paint colors
72Growth top 18%Tech top 30%Innovation top 36%Talent top 38%
All 11 signals ▾
Growthtop 18%
Techtop 30%
Innovationtop 36%
Talenttop 38%
Moattop 40%
Fin. healthtop 41%
Producttop 48%
Marketbottom 46%
Fundingbottom 40%
Globalbottom 30%
Newsbottom 24%
Growth: Headcount 5 → 197 (+3840%) across vintages · Revenue +54% YoY
Tech: 37 technologies across 5/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 72/100
$25M
FY2025
$2M+54%197
197 → 110 (-44%) · sector median -3%
Srinivas Akuri
Founder & Managing Director
28Scimplify
Manufacturer of specialty chemicals
48Talent top 28%Funding top 29%Tech top 30%Moat top 30%
All 10 signals ▾
Talenttop 28%
Fundingtop 29%
Techtop 30%
Moattop 30%
Producttop 46%
Growthbottom 47%
Marketbottom 44%
Globalbottom 39%
Fin. healthbottom 30%
Newsbottom 25%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $13.3M across 3 rounds · 3 rounds over 3 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 48/100
$24M
FY2025
$13M91Dheeraj Dhingra
Co-Founder
3 signals ▼67%
Funding · Capital raise
3 awards
29Valmetengg
Supplier of high-performance materials and engineered components
50Funding top 31%Growth top 32%Fin. health top 41%Talent bottom 49%
All 8 signals ▾
Fundingtop 31%
Growthtop 32%
Fin. healthtop 41%
Talentbottom 49%
Moatbottom 45%
Globalbottom 36%
Marketbottom 33%
Techbottom 32%
Funding: Raised $14.8M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
Growth: Revenue +23% YoY · Web rank 50,000,000 → 10,000,000 YoY
rank vs industry peers · Fliar Intelligence Index 50/100
$20M
FY2025
$15M+23%Subramoni PH
Managing Director
30OAN Industries
Manufacturer of specialty chemicals for fertilizer industries and mining Industries
45Growth top 23%Tech top 43%Moat top 44%Fin. health bottom 45%
All 8 signals ▾
Growthtop 23%
Techtop 43%
Moattop 44%
Fin. healthbottom 45%
Talentbottom 45%
Fundingbottom 37%
Marketbottom 32%
Globalbottom 25%
Growth: Headcount 22 → 64 (+191%) across vintages · Revenue +36% YoY
Tech: 35 technologies across 2/8 capability areas · Devops: Nginx
rank vs industry peers · Fliar Intelligence Index 45/100
$15M
FY2025
$486K+36%64
64 → 56 (-12%) · sector median -3%
Sunil Sharma
Founder & Managing Director
31Shakti Group Companies
Diversified conglomerates operates across multiple industries
45Innovation top 20%Growth top 38%Product top 43%Talent bottom 45%
All 9 signals ▾
Innovationtop 20%
Growthtop 38%
Producttop 43%
Talentbottom 45%
Fin. healthbottom 40%
Fundingbottom 39%
Techbottom 36%
Marketbottom 33%
Globalbottom 25%
Innovation: 5 product lines
Growth: Revenue +21% YoY · Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 45/100
$13M
FY2025
$409K+21%Shreyans Goyal
Founder & Chairman & Managing Director
32Ramcharan
Distributor of rubber, coatings, inks, and polymers materials
19Product top 21%Innovation top 36%Funding top 43%Talent top 45%
All 11 signals ▾
Producttop 21%
Innovationtop 36%
Fundingtop 43%
Talenttop 45%
Moattop 47%
Techbottom 48%
Marketbottom 34%
Globalbottom 32%
Newsbottom 22%
Growthbottom 16%
Fin. healthbottom 15%
Product: 5 distinct product lines · Company stage: Series D
Innovation: 5 product lines
rank vs industry peers · Fliar Intelligence Index 19/100
$5M
FY2022
$4.1B-39%46Kaushik Palicha
Co-Owner
33Everlon Synthetics
Manufacturer of polyester texturised yarn
21Funding top 37%Growth bottom 45%Fin. health bottom 41%Global bottom 25%
All 5 signals ▾
Fundingtop 37%
Growthbottom 45%
Fin. healthbottom 41%
Globalbottom 25%
Marketbottom 23%
Funding: Raised $37.5M across 1 rounds · Stage: Public
Growth: Revenue +4% YoY
rank vs industry peers · Fliar Intelligence Index 21/100
$5M
FY2022
$38M+4%4
34Innocule
Provider of chemical solutions for efficient mineral processing
24Talent top 45%Growth bottom 49%Tech bottom 48%Moat bottom 38%
All 8 signals ▾
Talenttop 45%
Growthbottom 49%
Techbottom 48%
Moatbottom 38%
Globalbottom 36%
Fundingbottom 35%
Fin. healthbottom 34%
Marketbottom 27%
Talent: 2 named leaders on record
Growth: Headcount 99 → 118 (+19%) across vintages · Web rank 10,000,000 → 50,000,000 YoY
rank vs industry peers · Fliar Intelligence Index 24/100
$4M
FY2025
$958K118
118 → 90 (-24%) · sector median -3%
Gyan Das
Co-Founder
35Inventys
Custom based manufacturer of actives, crop protection, advanced intermediates, and specialty chemicals
42Innovation top 20%Product top 36%Talent top 38%Tech top 39%
All 11 signals ▾
Innovationtop 20%
Producttop 36%
Talenttop 38%
Techtop 39%
Moattop 42%
Fundingtop 48%
Marketbottom 42%
Growthbottom 42%
Globalbottom 32%
Newsbottom 27%
Fin. healthbottom 18%
Innovation: 10 product lines
Product: 10 distinct product lines · Company stage: Series A
rank vs industry peers · Fliar Intelligence Index 42/100
$4M
FY2025
$64M-66%197Raghavan Srinivasan
Co-Founder & Director
36Saravan Global Energy
Manufactures ceramic electrical insulators
42Innovation top 20%Growth top 43%Product top 43%Funding bottom 49%
All 10 signals ▾
Innovationtop 20%
Growthtop 43%
Producttop 43%
Fundingbottom 49%
Talentbottom 49%
Moatbottom 47%
Techbottom 45%
Globalbottom 37%
Fin. healthbottom 34%
Marketbottom 33%
Innovation: 7 product lines
Growth: Headcount 56 → 51 (-9%) across vintages · Revenue +38% YoY
rank vs industry peers · Fliar Intelligence Index 42/100
$4M
FY2025
$25M+38%51Padam Challani
Managing Director
37GFCL EV
Provider of intermediate chemicals for lithium and sodium-ion battery applications
40Growth top 24%Funding top 32%Moat top 41%Partners top 45%
All 10 signals ▾
Growthtop 24%
Fundingtop 32%
Moattop 41%
Partnerstop 45%
Newstop 47%
Talentbottom 49%
Marketbottom 38%
Fin. healthbottom 37%
Techbottom 35%
Globalbottom 30%
Growth: Revenue +5053% YoY · Web rank 50,000,000 → 10,000,000 YoY
Funding: Raised $119M across 1 rounds · 1 rounds over 2 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 40/100
$4M
FY2025
$119M+5053%Vivek Jain
Managing Director & Director
6 signals
Capital raise · Funding · Incorporation
38Thermoflyde Industries
Manufacturer and supplier of refractory products for steel plants
24Growth top 38%Talent top 45%Funding top 50%Global bottom 48%
All 7 signals ▾
Growthtop 38%
Talenttop 45%
Fundingtop 50%
Globalbottom 48%
Fin. healthbottom 35%
Techbottom 31%
Marketbottom 16%
Growth: Revenue +7% YoY · Fresh capital in last 24 mo
Talent: 2 named leaders on record
rank vs industry peers · Fliar Intelligence Index 24/100
$3M
FY2025
$3M+7%Tarun Banoth
Co-Founder & CEO
39Atomgrid
Company specializing in manufacturing and sourcing of speciality chemicals
42Growth top 14%News top 35%Talent top 38%Funding top 41%
All 9 signals ▾
Growthtop 14%
Newstop 35%
Talenttop 38%
Fundingtop 41%
Techbottom 42%
Fin. healthbottom 38%
Globalbottom 37%
Moatbottom 37%
Marketbottom 26%
Growth: Revenue +4404% YoY · Web rank 10,000,000 → 5,000,000 YoY
News: 5 BI events in 12 mo (of 8 tracked, 2 types) · 3 high-value events (IPO/M&A/funding/contracts) in 12 mo
rank vs industry peers · Fliar Intelligence Index 42/100
$3M
FY2025
$2M+4404%Lakshit Bansal
Co-Founder
5 signals
Funding · Capital raise
40Distil
Manufacturer of specialty chemicals
53Growth top 12%Talent top 38%Funding top 39%Fin. health bottom 49%
All 8 signals ▾
Growthtop 12%
Talenttop 38%
Fundingtop 39%
Fin. healthbottom 49%
Globalbottom 39%
Techbottom 36%
Moatbottom 35%
Marketbottom 33%
Growth: Revenue +101795% YoY · Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 53/100
$2M
FY2025
$3M+101795%Atanuu Agarrwal
Co-Founder & CEO
1 job opening
41Ashima Texcellence
Manufacturer of cotton garments and fabrics
19Product top 14%Innovation top 20%Funding top 42%Talent bottom 49%
All 11 signals ▾
Producttop 14%
Innovationtop 20%
Fundingtop 42%
Talentbottom 49%
Globalbottom 37%
Fin. healthbottom 35%
Marketbottom 25%
Techbottom 23%
Newsbottom 21%
Moatbottom 21%
Growthbottom 13%
Product: 7 distinct product lines · Company stage: Public
Innovation: 7 product lines
rank vs industry peers · Fliar Intelligence Index 19/100
$2M
FY2025
$889M-85%154Chintan Parikh
Founder & CEO
42Fantail
Provider of man-made fibre textiles to businesses
40Growth top 12%Funding top 48%Talent bottom 49%Fin. health bottom 41%
All 8 signals ▾
Growthtop 12%
Fundingtop 48%
Talentbottom 49%
Fin. healthbottom 41%
Globalbottom 37%
Moatbottom 19%
Newsbottom 18%
Marketbottom 11%
Growth: Revenue +193% YoY · Fresh capital in last 24 mo
Funding: Raised $1.6M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 40/100
$1M
FY2025
$2M+193%Ramya Iyer
Founder
43Fabheads
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
$168K
FY2025
$3M-59%58
58 → 56 (-3%) · sector median -3%
Dhinesh Kanagaraj
Founder & CEO
44JBF Industries
Manufacturer of polyester yarn
6Funding top 39%Talent bottom 49%Global bottom 37%Market bottom 27%
All 8 signals ▾
Fundingtop 39%
Talentbottom 49%
Globalbottom 37%
Marketbottom 27%
Newsbottom 27%
Moatbottom 13%
Fin. healthbottom 10%
Growthbottom 8%
Funding: Raised $150M across 1 rounds · 1 rounds over 11 yrs (0.1/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 6/100
$9K
FY2025
$150M-96%347Bhagirath Arya
Founder
45Ratnaveer
Provider of precision engineering solutions
72Product top 14%Innovation top 20%Funding top 21%Fin. health top 33%
All 9 signals ▾
Producttop 14%
Innovationtop 20%
Fundingtop 21%
Fin. healthtop 33%
Markettop 43%
Growthbottom 47%
Globalbottom 34%
Techbottom 33%
Newsbottom 23%
Product: 8 distinct product lines · Company stage: Public
Innovation: 8 product lines
rank vs industry peers · Fliar Intelligence Index 72/100
$21M
46Insecticides
Crop protection solutions provider, fortifying agriculture with insecticides, herbicides, fungicides, and…
60Customers top 21%Product top 24%Fin. health top 32%Moat top 33%
All 13 signals ▾
Customerstop 21%
Producttop 24%
Fin. healthtop 32%
Moattop 33%
Markettop 34%
Growthtop 34%
Fundingtop 40%
Talentbottom 49%
Patentsbottom 46%
Techbottom 45%
Newsbottom 38%
Globalbottom 38%
Innovationbottom 37%
Customers: App rating 4.3★ (349 reviews) · Marquee-customer mentions: top 17% of tracked companies
Product: 5 distinct product lines · 1 published app (87.3k installs)
rank vs industry peers · Fliar Intelligence Index 60/100
$838M1,623
1,623 → 986 (-39%) · sector median -3%
Rajesh Aggarwal
CEO & Managing Director
4 signals ▼83%
Earnings
14 patents
Novel benzylamide and isoxazole agrochemicals for insecticide, miticide, and fungicide applications
1 expansion
47Excel Crop Care
Online slot gaming platform with diverse casino games and jackpot opportunities
27Product top 14%Moat top 26%Funding top 39%Market top 40%
All 12 signals ▾
Producttop 14%
Moattop 26%
Fundingtop 39%
Markettop 40%
Fin. healthtop 47%
Talentbottom 49%
Globalbottom 45%
Patentsbottom 42%
Innovationbottom 40%
Techbottom 35%
Newsbottom 32%
Growthbottom 10%
Product: 9 distinct product lines · Company stage: Post IPO
Moat: Top 9% by revenue among 44 tracked Agrochemicals companies · Editorial + unicorn rating 2/10
rank vs industry peers · Fliar Intelligence Index 27/100
$93M204Chetan Shah
Managing Director
21 patents
Granular agrochemical formulations for herbicides and fungicides (water‑dispersible).
48Monnet Ispat & Energy
Manufacturer of ferroalloys, coal washing, and real estate services
32Innovation top 20%Product top 26%Talent top 41%Funding top 42%
All 11 signals ▾
Innovationtop 20%
Producttop 26%
Talenttop 41%
Fundingtop 42%
Growthbottom 49%
Marketbottom 37%
Globalbottom 37%
Newsbottom 36%
Moatbottom 28%
Fin. healthbottom 19%
Techbottom 16%
Innovation: 4 product lines
Product: 4 distinct product lines · Company stage: Acquired
rank vs industry peers · Fliar Intelligence Index 32/100
$50M2,356Sandeep Jajodia
Chairman & CEO
49Anthea
Manufacturer of specialty chemicals for flavour, fragrance, pharmaceutical, and agro industries
27Funding top 42%Fin. health bottom 44%Growth bottom 42%Global bottom 36%
All 7 signals ▾
Fundingtop 42%
Fin. healthbottom 44%
Growthbottom 42%
Globalbottom 36%
Marketbottom 31%
Moatbottom 30%
Newsbottom 18%
Funding: Raised $28.8M · 4 rounds over 19 yrs (0.2/yr)
Fin. health: Revenue ~$3.8M (FY2022) · Net margin 22.7%
rank vs industry peers · Fliar Intelligence Index 27/100
$29M88
50Eternis
Manufacturer of aroma chemicals and esters
27Innovation top 20%Product top 30%Talent bottom 49%Growth bottom 45%
All 11 signals ▾
Innovationtop 20%
Producttop 30%
Talentbottom 49%
Growthbottom 45%
Fundingbottom 44%
Globalbottom 37%
Marketbottom 34%
Techbottom 34%
Newsbottom 21%
Moatbottom 17%
Fin. healthbottom 11%
Innovation: 12 product lines
Product: 12 distinct product lines · Company stage: Series B
rank vs industry peers · Fliar Intelligence Index 27/100
$12M513
513 → 500 (-3%) · sector median -3%
Rajen Mariwala
Managing Director
2 job openings

Top 12 Chemicals and Materials companies in India

#1
Funding Raised · Delhi, Delhi · founded 2016 · 75 employees
$1.4Braised

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 information about the company's policies, products, and projects.

Fliar Intelligence Index™ 76how this company ranks against its industry peers
Fin. health
top 27%
Market
top 28%
Funding
top 28%
Moat
top 28%
News
top 36%
Growth
top 42%
Fin. health: Revenue ~$1.9B (FY2024) · Net margin 8.8% · Revenue +6% YoY
Market: 75 employees (top 42% of Food and Agriculture) · Revenue ~$1.9B · ~8% of tracked Crop Inputs revenue (265 cos, FY2025)
Funding: Raised $1.4B across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Conventional Debt (Mar 2026)
Funding rounds
  • Mar 2026Conventional Debt$1.4B
Founders & team
Siba MohantyManaging DirectorArun GuptaManaging Director & CEO
Investors
IRFC
Tech stack
Apache Http ServerApexcharts.JsBootstrapBootstrap IconsChart.JsCodeigniter
#2
Series B · India · founded 2007
$14.8Mraised

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 testing and quality certifications are provided to meet aerospace and industrial standards. Services include heat treatment, precipitation hardening, and surface treatments. The company caters to demanding applications requiring difficult-to-source materials.

Fliar Intelligence Index™ 50how this company ranks against its industry peers
Funding
top 31%
Growth
top 32%
Fin. health
top 41%
Talent
bottom 49%
Moat
bottom 45%
Global
bottom 36%
Funding: Raised $14.8M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series B (Mar 2026)
Growth: Revenue +23% YoY · Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Fin. health: Revenue ~$20.5M (FY2022) · Net margin 15.6% · Revenue +23% YoY
Funding rounds
  • Mar 2026Series B$14.8M
Founders & team
Subramoni PHManaging Director
Investors
Nuvama
Tech stack
Apache Http ServerBootstrapCart FunctionalityContact Form 7Font AwesomeGodaddy
#3
Public · Vadodara, Gujarat · founded 2000
$20.6Mraised

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.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Product
top 14%
Innovation
top 20%
Funding
top 21%
Fin. health
top 33%
Market
top 43%
Growth
bottom 47%
Product: 8 distinct product lines · Company stage: Public
Innovation: 8 product lines
Funding: Raised $20.6M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Post IPO (Dec 2025)
Funding rounds
  • Dec 2025Post IPO$20.6M
Tech stack
Animate.CssBootstrapFont AwesomeGoogle AnalyticsGoogle MapsGoogle Tag Manager
#4
Public · Jaipur, Rajasthan · founded 1992 · 1927 employees
$117.5Mraised

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 policies such as Extended Producer Responsibility (EPR) and Battery Waste Management. The company procures scrap for recycling.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Funding
top 21%
Fin. health
top 26%
Market
top 31%
Moat
top 36%
Talent
top 38%
Growth
top 50%
Funding: Raised $117M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) · Last round Post IPO (Dec 2024)
Fin. health: Revenue ~$471M (FY2018) · Net margin 6.0% · Revenue +23% YoY
Market: 1,927 employees (top 15% of Chemicals and Materials) · Revenue ~$471M · Top 6% by revenue among 372 tracked Metals and Alloys peers
Audience (LinkedIn): 29k LinkedIn followers — 2.0% of this cohort's audience
Funding rounds
  • Dec 2024Post IPO$117.5M
  • May 2023Post IPO
  • Jan 2022Post IPO
Founders & team
Rajat AgrawalCo-Founder & Managing DirectorYogesh MalhotraCEO
Investors
Nomura, Mirae Asset, ABSLI, Goldman Sachs, Kotak Investment Banking, Oxbow Master Fund
Tech stack
Animate.CssApache Http ServerBootstrapContact Form 7Core-JsFacebook Pixel
#5
Series D · Noida, Uttar Pradesh · founded 2021
$119Mraised

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.

Fliar Intelligence Index™ 40how this company ranks against its industry peers
Growth
top 24%
Funding
top 32%
Moat
top 41%
Partners
top 45%
News
top 47%
Talent
bottom 49%
Growth: Revenue +5053% YoY · Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Funding: Raised $119M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) · Last round Series D (Oct 2024)
Moat: Top 16% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 1/10 · 10 curated direct competitors tracked
Audience (LinkedIn): 141k LinkedIn followers — 9.6% of this cohort's audience
Funding rounds
  • Oct 2024Series D$119M
Founders & team
Vivek JainManaging Director & Director
Tech stack
AosAzureAzure Front DoorBootstrapBootstrap IconsGoogle Font Api
#6
Seed · Bengaluru, Karnataka · founded 2023
$1.5Mraised

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.

Fliar Intelligence Index™ 42how this company ranks against its industry peers
Growth
top 14%
News
top 35%
Talent
top 38%
Funding
top 41%
Tech
bottom 42%
Fin. health
bottom 38%
Growth: Revenue +4404% YoY · Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
News: 5 BI events in 12 mo (of 8 tracked, 2 types) · 3 high-value events (IPO/M&A/funding/contracts) in 12 mo · Top themes: Funding, Capital raise
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 47k LinkedIn followers — 3.2% of this cohort's audience
Funding rounds
  • Jan 2026Conventional Debt
  • Oct 2025Seed$7M
  • Feb 2024Seed$1.2M
Founders & team
Lakshit BansalCo-FounderSiddharth GuptaCo-Founder
Investors
Merak Ventures, Dexter Ventures, Upsparks Capital, PointOne Capital, Rlt Partner, Icebreaker
Tech stack
CloudflareGoogle Font ApiGoogle Hosted LibrariesGoogle WorkspaceHstsHttp/3
#7
Series A · Mumbai, Maharashtra · founded 2023
$3.1Mraised

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.

Fliar Intelligence Index™ 53how this company ranks against its industry peers
Growth
top 12%
Talent
top 38%
Funding
top 39%
Fin. health
bottom 49%
Global
bottom 39%
Tech
bottom 36%
Growth: Revenue +101795% YoY · Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $3.1M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Series A (Sep 2025)
Audience (LinkedIn): 3k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Inside Sales Specialist
Funding rounds
  • Sep 2025Series A$7.7M
  • Mar 2024Seed$3.1M
Founders & team
Atanuu AgarrwalCo-Founder & CEOViraj ShahCo-Founder
Investors
Jungle Ventures, India Quotient, RB Investments, Singularity AMC, Panthera Peak Capital, Icebreaker Tech
#8
Series B · Bengaluru, Karnataka · founded 2023 · 91 employees
$13.3Mraised

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

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Talent
top 28%
Funding
top 29%
Tech
top 30%
Moat
top 30%
Product
top 46%
Growth
bottom 47%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $13.3M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) · Last round Series B (Mar 2025)
Tech: 28 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses · Observability: Microsoft Clarity
Audience (LinkedIn): 33k LinkedIn followers — 2.2% of this cohort's audience · 160 engagements/post (1.8× cohort median)
Activity (LinkedIn): 3 awards announced in 12 mo
Funding rounds
  • Mar 2025Series B$40M
  • Jul 2024Series A$10.4M
  • Nov 2023Seed$3.8M
Founders & team
Dheeraj DhingraCo-FounderSrivastava Salil kumarCo-FounderSachin SanthoshCo-Founder
Investors
Omnivore, Bertelsmann India Investments, 3one4 Capital, Beenext, Universal Materials Incubator, Board Enterprises
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesCalendlyCloudflare TurnstileCore-Js
#9
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

Fliar Intelligence Index™ 13how this company ranks against its industry peers
Funding
top 43%
Tech
top 50%
Talent
bottom 49%
Moat
bottom 47%
Global
bottom 37%
Growth
bottom 34%
Funding: Raised $3.4M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) · Last round Series A (Apr 2025)
Tech: 16 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Cloudflare · Security: Cloudflare Bot Management, Http/3
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 10k LinkedIn followers
Funding rounds
  • Apr 2025Series A$10M
  • Jun 2024Grant (prize money)$48K
  • Sep 2023Seed$685.3K
  • Oct 2022Seed$457.4K
Founders & team
Dhinesh KanagarajFounder & CEO
Investors
Rockstud Capital, Firstport Capital, Bliss Flow Investments, Xena Infra And Logistics, Cornwall Projects, Thinmam Ventures
Tech stack
Amazon Web ServicesAngularBootstrap IconsCloudflareCloudflare Bot ManagementCore-Js
#10
Series D · Chennai, Tamil Nadu · founded 1965 · 46 employees
$4.1Braised

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

Fliar Intelligence Index™ 19how this company ranks against its industry peers
Product
top 21%
Innovation
top 36%
Funding
top 43%
Talent
top 45%
Moat
top 47%
Tech
bottom 48%
Product: 5 distinct product lines · Company stage: Series D
Innovation: 5 product lines
Funding: Raised $4.1B · 2 rounds over 6 yrs (0.3/yr) · Last round Series D (Dec 2021)
Founders & team
Kaushik PalichaCo-OwnerKrishna BhatiaCo-Owner
Investors
TFCC International, Featherlite
#11
Early Stage · Pune, Maharashtra · founded 1998
$5Mraised

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.

Fliar Intelligence Index™ 40how this company ranks against its industry peers
Funding
top 35%
Market
top 45%
Fin. health
top 50%
Talent
bottom 45%
Growth
bottom 43%
Global
bottom 33%
Funding: Raised $5.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Unattributed (Apr 2025)
Market: Revenue ~$107M · Top 16% by revenue among 372 tracked Metals and Alloys peers · Top-10,000,000 web property
Fin. health: Revenue ~$107M (FY2024) · Net margin 1.6% · Revenue -8% YoY
Funding rounds
  • Apr 2025Unattributed$5M
Founders & team
Vikram PuriCEO
Investors
Aavishkaar Capital
Tech stack
Font AwesomeGoogle Font ApiGoogle WorkspaceIisJqueryMediaelement.Js
#12
Seed · Bengaluru, Karnataka · founded 2023
$1.6Mraised

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.

Fliar Intelligence Index™ 40how this company ranks against its industry peers
Growth
top 12%
Funding
top 48%
Talent
bottom 49%
Fin. health
bottom 41%
Global
bottom 37%
Moat
bottom 19%
Growth: Revenue +193% YoY · Fresh capital in last 24 mo
Funding: Raised $1.6M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (Jun 2025)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 2k LinkedIn followers
Hiring (LinkedIn): 7 hiring posts in 12 mo (public) · momentum -3 · hiring: Head Accountant, Fashion Production Merchant
Funding rounds
  • Jun 2025Seed$1.6M
Founders & team
Ramya IyerFounder
Investors
Riverwalk Holdings, Incubate Fund India, All In Capital

Funding & investor landscape

$9.6Btotal disclosed funding
115companies funded
173disclosed rounds
2rounds last 90 days
Most active investors
BIRAC15 rounds
Europa6 rounds
ICICI Venture6 rounds
Brand Capital4 rounds
IBAC4 rounds
Innoeversity4 rounds
Rare Enterprises4 rounds
Analah Ventures3 rounds
Citi3 rounds
Elevation Capital3 rounds

Notable founders

Siba Mohanty
Managing Director · HURL
Arun Gupta
Managing Director & CEO · HURL
Subramoni PH
Managing Director · Valmetengg
Rajat Agrawal
Co-Founder & Managing Director · Gravita India
Yogesh Malhotra
CEO · Gravita India
Vivek Jain
Managing Director & Director · GFCL EV
Lakshit Bansal
Co-Founder · Atomgrid
Siddharth Gupta
Co-Founder · Atomgrid
Atanuu Agarrwal
Co-Founder & CEO · Distil
Viraj Shah
Co-Founder · Distil
Dheeraj Dhingra
Co-Founder · Scimplify
Srivastava Salil kumar
Co-Founder · Scimplify
Prism market signals · India · country-scoped Prism corpus, 231,571 docs

Market landscape — 10 sub-themes by coverage

Share of Chemicals and Materials coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · India

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.

research sentiment over time
200820182026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 27% → 83% across 2008–2026.
top research entities
  • Ministry of Education37
  • Indian Institute of Science Bangalore26
  • Indian Institute of Technology Kharagpur22
  • Academy of Scientific and Innovative Research21
  • Indian Institute of Technology Delhi21
leading researchers
K. V. Gangadharan · Sanjib Banerjee · Bishakh Bhattacharya · Sayan Basak · A. Arockiarajan · P. Sam Paul · Balasubramanian Kandasubramanian · Ayyappanpillai Ajayaghosh
Breakthroughs130 · 22%
▲ 14%→25% share
▲1.8× share momentum1 median citations74% since 2021mostly methods-led
Smart material breakthroughs are surging — Indian research tripled from 9 to 28 papers, with Polymer and Soft robotics newly emerging.
rising sub-themes (early→recent)
  • Smart material9→28
  • Elastomer1→10
  • Nanotechnology4→12
  • Composite material2→9
  • Composite number2→7
Newly emergingPolymer 0→13 · Smart polymer 0→7 · Soft robotics 0→6
Landmark Cutting edge development on graphene derivatives modified by liquid crystal and CdS/TiO2hybrid matrix: optoel · 182 cites
Advancements267 · 44%
▼ 55%→41% share
▼0.7× share momentum2 median citations59% since 2021mostly reviews
Nanocomposite advancement research intensified sharply — papers rose from 2 to 15, alongside newly emerging Self-healing hydrogels and Biocompatible material topics.
rising sub-themes (early→recent)
  • Smart material35→64
  • Nanotechnology8→25
  • Nanocomposite2→15
  • Graphene2→11
  • Polymer5→13
Newly emergingNanomaterials 0→12 · Self-healing hydrogels 0→10 · Biocompatible material 0→9
Landmark Smart polymers for the controlled delivery of drugs – a concise overview · 577 cites
Concerns53 · 9%
▲ 5%→10% share
▲2.0× share momentum2 median citations75% since 2021mostly reviews
Smart material concerns are escalating — papers quadrupled from 5 to 22, with 3D printing and Self-healing hydrogels raising newly flagged issues.
rising sub-themes (early→recent)
  • Smart material5→22
  • Nanotechnology1→11
Newly emerging3D printing 0→5 · Self-healing hydrogels 0→5
Landmark 4D printing: Fundamentals, materials, applications and challenges · 319 cites
RESEARCH HOTSPOTS · India

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.

Delhi-NCR48 · +0.45
Hot · Smart materialAdvancing · Vibration controlOpportunity · AerospaceConcern · Nanotechnology
Bengaluru37 · +0.48
Hot · Smart materialAdvancing · BendingOpportunity · Nanoparticle
Chennai32 · +0.46
Hot · NanotechnologyAdvancing · ActuatorOpportunity · Lower critical solution temperature
Mumbai29 · +0.58
Hot · Smart materialAdvancing · PolymerOpportunity · Azobenzene
Kharagpur22 · +0.44
Hot · Composite numberAdvancing · PiezoelectricityOpportunity · Polymer
Kolkata17 · +0.38
Hot · Shape-memory polymerAdvancing · OptoelectronicsOpportunity · Shape-memory alloy
Kanpur12 · +0.48
Hot · Composite materialAdvancing · Shape-memory alloy
Guwahati12 · +0.38
Hot · NanotechnologyOpportunity · Biocompatibility
Varanasi10 · +0.63
Hot · NanotechnologyAdvancing · Shape-memory alloyOpportunity · Tissue engineering
Roorkee9 · +0.53
Hot · Smart materialAdvancing · Composite materialOpportunity · Elastomer
PATENT SIGNAL · India

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.

1,335 filings2,316 assigneespeak 194/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • CSIR479
  • TATA Steel117
  • Tata Consultancy Services60
  • Halliburton Energy SERV59
  • Indian INST Scient57
  • Indian OIL55
  • TATA Chemicals45
  • General Electric42

Common 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.
Riya SenguptaFinancials

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.

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