Radar · Chemicals and Materials in Nagpur
Best Chemicals and Materials Companies in Nagpur, India
The 36 best Chemicals and Materials companies in Nagpur, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SBL Energy.
By Riya SenguptaFinancials
36companies tracked
$43.7Mdisclosed funding
0unicorns
3have raised
FLIAR INTELLIGENCE · CHEMICALS AND MATERIALS × NAGPUR
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
Ranked: Best Chemicals and Materials companies in Nagpur
| # | Company | Disclosed funding | Revenue | Employees | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Jayaswal Neco Industries Jayaswal Neco Industries is a sanitary castings manufacturer and supplier. | — | $711M FY2025 | 1,001 | 1972 | Kamal Singh CEO | YouTubeNginxOpenResty+4 | — |
| 2 | SBL 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 | $41M | $130M FY2025 | 164 164 → 91 (-45%) | 2002 | Sanjay Choudhary Owner | Cart FunctionalityWixSentry+15 | — |
| 3 | MMPIL Manufacturer and seller of aluminum products | — | $82M FY2025 | 468 | 1983 | Arun Bhandari Founder & MD | WordPressMySQLPHP+23 | — |
| 4 | Rudraksha Allied Chemical Manufacturer of chemical products | — | $30M FY2022 | — | 1998 | Vikram Parikh Owner & CEO | WordPressMySQLPHP+20 | — |
| 5 | Automark Industries Manufacturer of reflective pavement marker, road marking paint, and air preheater 22Moat top 39%Talent bottom 45%Growth bottom 42%Fin. health bottom 42% All 7 signals ▾Moattop 39% Talentbottom 45% Growthbottom 42% Fin. healthbottom 42% Marketbottom 40% Fundingbottom 28% Globalbottom 25% Moat: Top 18% by revenue among 39 tracked Road Infrastructure Operators companies · Editorial + unicorn rating 1/10 Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 22/100 | $2M | $28M FY2025 | 91 | 2002 | Roseline CEO | — | — |
| 6 | Suryaamba Manufacturer of blended yarns | — | $25M FY2025 | 175 | 1993 | Virender Agarwal Founder & Managing Director | Cart FunctionalityWordPressMySQL+18 | — |
| 7 | MISPL Steel manufacturer producing a range of products, including bright bars, leaf springs, coil springs, and… | — | $22M FY2025 | — | 1990 | Surendra Jaiswal Managing Director | — | — |
| 8 | MMCPL Manufacturer of manganese compounds offering feed grade and chemical grade manganese products | — | $20M FY2022 | 71 | 2010 | Vijayprakash Singhania Founder & Director | — | — |
| 9 | Kataline Manufacturer of thermoplastic paint, primer, and coating products | — | $19M FY2024 | 70 | 1999 | Amit Thatte Managing Director | WordPressMySQLPHP+20 | — |
| 10 | Automark India Manufacturer of road safety products specializing in thermoplastic road marking materials and machinery. | — | $18M FY2021 | 33 | 1988 | Neville Thompson CEO | WordPress Block EditorElementorWordPress+29 | — |
| 11 | Nagpur Pyrolusite Manufacturer of manganese dioxide, ferro alloys, inoculants, and nodularizers | — | $17M FY2025 | — | 2005 | Sanjay Jainarayan Founder | WordPress Block EditorElementorWordPress+25 | — |
| 12 | Wellprint Manufacturer of printing inks, pressroom chemicals, and other related products | — | $15M FY2025 | — | 1993 | Ravindra Gandhi Managing Director | — | — |
| 13 | Fuelco Coal trading and transporting company that provides packaged services to esteemed clients | — | $9M FY2022 | 2 | 2004 | — | — | — |
| 14 | Apple Chemie Manufacturer & supplier of concrete admixtures, adhesives, sealants, and other construction chemical materials | — | $8M FY2025 | — | 2008 | Vivek Naik Founder & Managing Director | BootstrapLiteSpeedjQuery UI+6 | — |
| 15 | Premier Synthochem Manufacturer of benzene-based derivatives and specialized intermediates for diverse industries | — | $7M FY2025 | — | 1997 | Seshadri Iyer Founder & Managing Partner | — | — |
| 16 | Microplast Polytex Manufacturer of PP woven sacks and plastic bags | — | $6M FY2022 | 41 | 2013 | — | — | — |
| 17 | Bagori Polymers Bagori Polymers – We Serve Quality | — | $5M FY2025 | 19 | 2012 | Mohit Singhaniya Managing Director | — | — |
| 18 | Sakshi Chem Sciences Manufacturer of construction chemicals | — | $5M FY2025 | — | 2004 | Sandip Agrawal Managing Director | Cart FunctionalityWooCommerceWordPress+33 | — |
| 19 | NNOWETA PERFORMANCE CHEMICALS NNOWETA Performance Chemicals Pvt. Ltd. | Paper Chemicals Industry | — | $5M FY2022 | 39 39 → 40 (+3%) | — | — | — | — |
| 20 | Deemoil Manufacturer using modern cutting-edge technology to produce a range of products, including diesel engine… | — | $5M FY2025 | 5 | 2015 | Kapil Goyal Co-Founder | — | — |
| 21 | Univenture Manufacturer of specialty chemicals, oil lubricant intermediates, and polymerized emulsifiers | — | $4M FY2025 | — | 2008 | I Husain CEO | — | — |
| 22 | RAMA POLYTHREAD Manufacturer of polypropylene multifilament yarns and other textile products | — | $3M FY2025 | 5 | 2016 | Vishnu Ajitsaria Managing Director | — | — |
| 23 | Allmpus Manufacturer and supplier of pharmaceutical impurities and chemicals | — | $1M FY2025 | — | 2018 | Atish Rodge Founder & Managing Director | BootstrapLiteSpeedCloudflare+12 | — |
| 24 | Anacon Laboratories Provider of multi-materials testing laboratory and consultancy services 27Product top 18%Innovation top 20%Moat top 45%Tech top 48% All 10 signals ▾Producttop 18% Innovationtop 20% Moattop 45% Techtop 48% Talentbottom 45% Growthbottom 38% Fin. healthbottom 32% Globalbottom 25% Marketbottom 22% Fundingbottom 21% Product: 7 distinct product lines Innovation: 7 product lines rank vs industry peers · Fliar Intelligence Index 27/100 | $305K | $1M FY2025 | 7 | 1993 | Sugandha Garway Founder and Director | WordPressMySQLPHP+30 | — |
Top 3 Chemicals and Materials companies in Nagpur
#1
Series B · Nagpur, Maharashtra · founded 2002 · 164 employees$41.2Mraised▾
Series B · Nagpur, Maharashtra · founded 2002 · 164 employees
Manufacturer of industrial and mining explosives, detonators, and explosive accessories. The company provides a range of explosives including slurry, emulsion, and bulk emulsion explosives. It also offers detonating fuse, ordinary detonators, electric detonators, non-electric detonators, and cast boosters. The company serves public sector units, government organizations, and mining contractors. It provides technical services and consultations to clients.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Growth
top 27%Fin. health
top 28%Moat
top 31%Funding
top 40%Tech
top 42%Market
bottom 47%Growth: Headcount 112 → 164 (+46%) across vintages · Revenue +98% YoY
Fin. health: Revenue ~$130M (FY2018) · Net margin 7.8% · Revenue +98% YoY
Moat: Top 5% by revenue among 37 tracked Mining Equipment companies · Editorial + unicorn rating 1/10
Audience (LinkedIn): 2k LinkedIn followers — 5.6% of this cohort's audience
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
- Feb 2024Series B$39.2M
- Dec 2017Series A$1.3M
- Mar 2014Seed$668.7K
Founders & team
Investors
Synergy Capital, India SME Investments, Mahanadi Metals and Chemicals, Special Blasts, Neweraltd, Nirvaan Dealcom
Tech stack
BootstrapGoogle AnalyticsGoogle CloudGoogle Cloud CdnGoogle Tag ManagerGsap
#2
Seed · Nagpur, Maharashtra · founded 2002 · 91 employees$2.2Mraised▾
Seed · Nagpur, Maharashtra · founded 2002 · 91 employees
Manufacturer of reflective pavement marker, road marking paint, and air preheater. Its other product portfolio includes road marking machines, studs & marking material, tactile indicators, airless painting machines, truck mounted crane, line removal machine, and hydraulic broomer.
Fliar Intelligence Index™ 22how this company ranks against its industry peers
Moat
top 39%Talent
bottom 45%Growth
bottom 42%Fin. health
bottom 42%Market
bottom 40%Funding
bottom 28%Moat: Top 18% by revenue among 39 tracked Road Infrastructure Operators companies · Editorial + unicorn rating 1/10
Talent: 1 named leader on record
Growth: Headcount 78 → 91 (+17%) across vintages · Revenue -7% YoY
Funding rounds
- Oct 2010Seed$1.9M
- Mar 2010Seed$220.5K
- Feb 2009Seed$100.6K
Founders & team
Investors
Frank Mercantile, Amul Mercantile, Gainmore Savings, Demuredealers, Radicalfincap
#3
Early Stage · Nagpur, Maharashtra · founded 1993 · 7 employees$305Kraised▾
Early Stage · Nagpur, Maharashtra · founded 1993 · 7 employees
Provider of multi-materials testing laboratory and consultancy services. It offers a wide range of testing services including food and soil materials and offers laboratory and environmental consultancy expertise.
Fliar Intelligence Index™ 27how this company ranks against its industry peers
Product
top 18%Innovation
top 20%Moat
top 45%Tech
top 48%Talent
bottom 45%Growth
bottom 38%Product: 7 distinct product lines
Innovation: 7 product lines
Moat: Top 29% by revenue among 90 tracked Environment Consultancy Services companies · Editorial + unicorn rating 1/10
Audience (LinkedIn): 3k LinkedIn followers — 8.4% of this cohort's audience
Funding rounds
- Nov 2009Unattributed$266.3K
- Nov 2006Unattributed$38.7K
Founders & team
Investors
Berar Finance
Tech stack
Animate.CssBootstrapContact Form 7Core-JsDraftpress HfcmFont Awesome
Funding & investor landscape
$43.7Mtotal disclosed funding
3companies funded
8disclosed rounds
0rounds last 90 days
Most active investors
Amul Mercantile1 rounds
Chhattisgarh Steel and Power1 rounds
Crabel Distributors1 rounds
Demuredealers1 rounds
Flexible Tradelink1 rounds
Frank Mercantile1 rounds
Goldy Distributors1 rounds
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
Breakthroughs are rising (14%→25% of field), led by Smart material.
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
Advancements are cooling (55%→41% of field), led by Smart material.
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
Concerns are rising (5%→10% of field), led by Smart material.
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
Bengaluru37 · +0.48
Chennai32 · +0.46
Mumbai29 · +0.58
Kharagpur22 · +0.44
Kolkata17 · +0.38
Kanpur12 · +0.48
Guwahati12 · +0.38
Varanasi10 · +0.63
Roorkee9 · +0.53
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
- CSIR476
- 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 Nagpur, India?
Radar tracks 36 indexable Chemicals and Materials companies headquartered in Nagpur, India that meet our profile-completeness bar.
What is the total funding raised by Chemicals and Materials companies in Nagpur, India?
The Chemicals and Materials companies in Nagpur, India on this list have raised a combined $43.7M in disclosed equity funding across 3 funded companies.
Which is the highest-funded Chemicals and Materials company in Nagpur, India?
SBL Energy is the highest-funded Chemicals and Materials company in Nagpur, India, with $41.2M in disclosed equity funding.
How many Chemicals and Materials companies in Nagpur, India are funded?
3 of the 36 Chemicals and Materials companies in Nagpur, India on this list have disclosed at least one equity funding round.
How many Chemicals and Materials unicorns are there in Nagpur, India?
None of the Chemicals and Materials companies in Nagpur, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Nagpur, India Chemicals and Materials companies?
The most active investors in Nagpur, India Chemicals and Materials companies on this list include Amul Mercantile, Ashoka Refineries, Berar Finance, Chhattisgarh Steel and Power, Crabel Distributors.
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.