Radar · Chemicals and Materials in Surat
Best Chemicals and Materials Companies in Surat, India
The 75 best Chemicals and Materials companies in Surat, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Aether.
By Riya SenguptaFinancials
75companies tracked
$35.6Mdisclosed funding
0unicorns
5have raised
FLIAR INTELLIGENCE · CHEMICALS AND MATERIALS × SURAT
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 Surat
| # | Company | Revenue | Disclosed funding | Employees | Founder | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | ArcelorMittal Manufacturer of flat carbon steel products | $6.5B FY2025 | — | 6,276 | Dilip Oommen CEO | YouTubeCloudflarecdnjs+16 | Top 500k | 1 job opening · 2 awards |
| 2 | Colourtex Manufacturer of dyestuff and chemicals | $460M FY2025 | — | 2,573 | Jayantibhai Jariwala Founder | WordPressMySQLPHP+23 | Top 5M | 1 launch |
| 3 | Anupam Rasayan Company specializing in the custom synthesis and manufacturing of specialty chemicals | $171M FY2025 | — | 1,633 | Gopal Agrawal CEO | Node.jsReactGSAP+6 | Top 5M | — |
| 4 | Sumeet Industries Manufacturer of pet chips and polyester yarn | $119M FY2025 | $13M | 259 | Sumeet Somani CEO & MD | WordPressMySQLPHP+13 | Top 10M | — |
| 5 | Aether 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 | 943 | Ashwin Desai Managing Director | WordPressMySQLPHP+20 | Top 5M | — |
| 6 | Liberty Silkmills Textile manufacturing company that specializes in producing a range of fabrics, including nylon, viscose, and… | $102M FY2022 | — | — | Dinesh J Dhankani Founder & Chairman | WordPressMySQLPHP+21 | Top 50M | — |
| 7 | Alliance Fibres Manufacturer and exporter of recycled polyester staple fibers, rPET yarns and fabrics | $46M FY2023 | — | — | Ashwin Patel CEO | WordPressMySQLPHP+25 | Top 10M | — |
| 8 | Anand Rayons Manufacturer of yarn and fabrics | $37M FY2025 | — | 3 | Gokul Bakshi Founder | PHPPlyrBootstrap+9 | Top 10M | — |
| 9 | Kiran Industries Manufacturer of polyester yarn | $35M FY2025 | — | — | — | — | — | — |
| 10 | Komal Industries Manufacturer, trader, and supplier of high-quality fancy grey yarn and polyester yarn | $35M FY2025 | — | 4 | — | WordPressPleskMySQL+21 | Top 50M | — |
| 11 | Comfiaindustries Manufacturer of sodium silicate products | $26M FY2025 | — | 22 | — | — | — | — |
| 12 | Vikram Nuvotech Provider of diversified fabrics manufacturing services 29Moat top 27%Market top 44%Funding bottom 46%Talent bottom 45% All 7 signals ▾Moattop 27% Markettop 44% Fundingbottom 46% Talentbottom 45% Fin. healthbottom 41% Globalbottom 29% Growthbottom 25% Moat: Top 15% by revenue among 3366 tracked Manufacturing Services companies · Editorial + unicorn rating 4/10 Market: 343 employees (top 26% of Manufacturing Services) · Revenue ~$25.9M rank vs industry peers · Fliar Intelligence Index 29/100 | $26M FY2025 | $6M | 343 | Anil Chaudhary CEO | — | — | — |
| 13 | Orgo-Chem Manufacturer of various dye intermediates for dyes, pigments, and healthcare | $14M FY2022 | — | 44 | — | BootstrapLiteSpeedIsotope+9 | Top 50M | — |
| 14 | Shakti 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 | — | Shreyans Goyal Founder & Chairman & Managing Director | WordPressMySQLPHP+19 | Top 50M | — |
| 15 | Aceto Chem Manufacturer and exporter of dye intermediates for the food and textile industries | $12M FY2022 | — | 94 | — | PHPApache HTTP ServerjQuery+2 | Top 50M | — |
| 16 | S.L.Banthia Textile Industry Manufacturer of coated fabrics for diverse applications and technical textiles | $12M FY2020 | $3M | 28 | Harsh Banthia CEO | — | — | — |
| 17 | Betex Processing of textile yarn | $11M FY2025 | — | 813 | Mahesh Somani Managing Director | Apache HTTP ServerjQuery | Top 50M | — |
| 18 | Angel Extrusion Manufacturer of aluminum extrusion profiles | $11M FY2025 | — | 5 | — | BootstrapApache HTTP ServerPhotoSwipe+4 | Top 50M | — |
| 19 | Harish Chemicals Manufacturer and supplier of industrial chemicals including dyes and textile auxiliaries | $10M FY2022 | — | 2 | — | — | — | — |
| 20 | Mahavir Synthesis Chemical manufacturer specializing in high-quality products | $9M FY2022 | — | 106 | — | WordPressPleskMySQL+21 | Top 50M | — |
| 21 | Maldeep Catalysts Manufacturer and exporter of drying catalysts used in various industries, including paint manufacturings | $9M FY2025 | — | 36 | — | — | — | — |
| 22 | Kankesh Exims Provider of Polyester DTY Yarns and exporter of Polyester | $9M FY2025 | — | — | Roopesh Zveri Co-Owner & Director | — | — | — |
| 23 | Gopi Knitts Manufacturer of warp-knitted grey fabrics, offering a wide range of products, including raschel fabric, warp… | $3M FY2022 | — | 2 | — | — | — | — |
| 24 | Narmada Textiles Manufacturer of diverse textile products including fabrics, yarns, and finished goods | $3M FY2025 | — | — | — | WordPressMySQLPHP+20 | Top 10M | — |
| 25 | Hanumant Biosciences Manufacturer of cleaning products for home, personal, kitchen, and vehicle | $1M FY2025 | — | — | Yogesh Beladiya Founder | — | — | — |
| 26 | Kayavlon Impex Leading supplier and exporter of polyester, viscose, nylon, and cotton yarns | $1M FY2025 | — | — | — | PHPBootstrapSlider Revolution+9 | Top 10M | — |
| 27 | Hridhanchem Manufacturer of chemical dyestuff products including food, cosmetic, and pharmaceutical colors | $458K FY2025 | — | — | — | WordPressMySQLPHP+28 | Top 5M | — |
| 28 | Erocare Distributor of building materials | $374K FY2025 | — | — | Deepak Doshi Founder | — | — | — |
Top 5 Chemicals and Materials companies in Surat
#1
Seed · Surat, Gujarat · founded 2003$409.1Kraised▾
Seed · Surat, Gujarat · founded 2003
Diversified conglomerates operates across multiple industries. It focuses on the production and promotion of green fuel and industrial chemicals, especially ethanol and related products. The company specializes in products such as ethanol, absolute alcohol, ethanol-based retarders, hand sanitizers, and sodium methoxide solution.
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Innovation
top 20%Growth
top 38%Product
top 43%Talent
bottom 45%Fin. health
bottom 40%Funding
bottom 39%Innovation: 5 product lines
Growth: Revenue +21% YoY · Fresh capital in last 24 mo
Product: 5 distinct product lines · Company stage: Seed
Funding rounds
- Mar 2025Angel$409.1K
Founders & team
Investors
Preyansh Goyal Edu Trust, Preyansh Goyal Mar Trust, Vijay Builders, Harshad Construction, S D corporation, Shree Dutt Developers
Tech stack
Animate.CssContact Form 7Endurance Page CacheFont AwesomeGoogle Font ApiGsap
#2
Public · Surat, Gujarat · founded 2013 · 943 employees$13.5Mraised▾
Public · Surat, Gujarat · founded 2013 · 943 employees
Manufacturer of advanced intermediates and active ingredients for multiple industries
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Innovation
top 20%Product
top 24%Fin. health
top 30%Moat
top 31%Funding
top 33%Talent
top 38%Innovation: 5 product lines
Product: 5 distinct product lines · 1 published app (109 installs) · Company stage: Public
Fin. health: Revenue ~$104M (FY2024) · Net margin 19.3% · Revenue +38% YoY
Audience (LinkedIn): 18k LinkedIn followers — 4.8% of this cohort's audience
Funding rounds
- Jul 2023Post IPO$90.7M
- Nov 2021Series B$13.5M
- Dec 2018Grant (prize money)$25.8K
Founders & team
Investors
White Oak, India Infoline, Europa
Tech stack
Apache Http ServerCdnjsCloudflareContact Form 7Core-JsFont Awesome
#3
Public · Surat, Gujarat · founded 1988 · 259 employees$12.5Mraised▾
Public · Surat, Gujarat · founded 1988 · 259 employees
Manufacturer of pet chips and polyester yarn
LinkedIn Pulse recent public activity · Jul 2026
Audience: 219 LinkedIn followers
Funding rounds
- Apr 2011Post IPO$12.5M
Founders & team
Tech stack
Contact Form 7Google Font ApiGoogle MapsHttp/3JqueryJquery Migrate
#4
Early Stage · Surat, Gujarat · founded 1991 · 343 employees$6Mraised▾
Early Stage · Surat, Gujarat · founded 1991 · 343 employees
Provider of diversified fabrics manufacturing services
Fliar Intelligence Index™ 29how this company ranks against its industry peers
Moat
top 27%Market
top 44%Funding
bottom 46%Talent
bottom 45%Fin. health
bottom 41%Global
bottom 29%Moat: Top 15% by revenue among 3366 tracked Manufacturing Services companies · Editorial + unicorn rating 4/10
Market: 343 employees (top 26% of Manufacturing Services) · Revenue ~$25.9M · Top 15% by revenue among 3366 tracked Manufacturing Services peers
Funding: Raised $6.0M across 3 rounds · 3 rounds over 17 yrs (0.2/yr) · Last round Unattributed (Aug 2016)
Funding rounds
- Aug 2016Unattributed$2.7M
- Sep 2010Unattributed$2.2M
- Mar 2009Unattributed$1.1M
Founders & team
Investors
Vikram Financial, Panchanan Merchants, Excel Tea Machinery, Vikrampolyesters, Cherry Fabtrade, Jagriti Mercantile
#5
Series A · Surat, Gujarat · founded 2006 · 28 employees$3.2Mraised▾
Series A · Surat, Gujarat · founded 2006 · 28 employees
Manufacturer of coated fabrics for diverse applications and technical textiles. The company provides fabrics for umbrellas, luggage, workwear, and other specialized functionalities. They offer capabilities such as waterproofing and flame retardancy. Leveraging research and development, they provide custom product developments tailored to customer requirements.
Funding rounds
- Mar 2011Series A$2.2M
- Mar 2010Angel—
- Mar 2009Seed$584.6K
- Mar 2008Seed$72.7K
Founders & team
Investors
Atari Projects, Bhagya Lakshmi Merchandise, Chetna Suppliers, Hiteshwari Marketing, J M D Mercantile, Sati Trexim
Funding & investor landscape
$35.6Mtotal disclosed funding
5companies funded
12disclosed rounds
0rounds last 90 days
Most active investors
Atari Projects1 rounds
Balajiindofin1 rounds
Bhagya Lakshmi Merchandise1 rounds
Calcutta Developers1 rounds
Cherry Fabtrade1 rounds
Chetna Suppliers1 rounds
Excel Tea Machinery1 rounds
Notable founders
Shreyans Goyal
Founder & Chairman & Managing Director · Shakti Group Companies
Ashwin Desai
Managing Director · Aether
Sumeet Somani
CEO & MD · Sumeet Industries
Anil Chaudhary
CEO · Vikram Nuvotech
Harsh Banthia
CEO · S.L.Banthia Textile Industry
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
PATENT MOMENTUM · Surat
Who's building advanced materials IP in Surat
2 patents1 companiespeak 0/yr
filing momentum (YoY)
top patenters
- Sahajanand Life Sciences2surat
Common questions
How many Chemicals and Materials companies are there in Surat, India?
Radar tracks 75 indexable Chemicals and Materials companies headquartered in Surat, India, India, that meet our profile-completeness bar.
What is the total funding raised by Chemicals and Materials companies in Surat, India?
The Chemicals and Materials companies in Surat, India on this list have raised a combined $35.6M in disclosed equity funding across 5 funded companies.
Which is the highest-funded Chemicals and Materials company in Surat, India?
Aether is the highest-funded Chemicals and Materials company in Surat, India, with $13.5M in disclosed equity funding.
How many Chemicals and Materials companies in Surat, India are funded?
5 of the 75 Chemicals and Materials companies in Surat, India on this list have disclosed at least one equity funding round.
How many Chemicals and Materials unicorns are there in Surat, India?
None of the Chemicals and Materials companies in Surat, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Surat, India Chemicals and Materials companies?
The most active investors in Surat, India Chemicals and Materials companies on this list include Atari Projects, Balajiindofin, Bhagya Lakshmi Merchandise, Calcutta Developers, Cherry Fabtrade.
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.