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

Best Chemicals and Materials Tech Companies in India

The 330 best Chemicals and Materials Tech companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: OfBusiness.

330companies tracked
$1.2Bdisclosed funding
2unicorns
69have raised

Ranked by disclosed equity funding and recent momentum, this directory covers 330 Chemicals and Materials Tech companies in India — and the numbers tell a story that's harder to ignore than any headline.

$1.2 billion in total disclosed funding sits across those 330 names, but the distribution isn't even close to flat. OfBusiness alone accounts for $758 million of that pool, which means one company holds roughly 63% of the sector's entire tracked capital. That's not dominance; that's a different category. The next tier, names like JSW One MSME at $25 million and Whizzo at $19 million, are real businesses building real revenue, but you're looking at a 30x gap to the leader. So what does that tell you about where institutional conviction actually sits? Median app install growth across 32 chemicals and building materials platforms is running at roughly 18% year-on-year, which signals that digital procurement and materials intelligence are attracting genuine user traction, not just venture dollars. Hot themes pulling attention right now include EV battery technology, next-generation EV platforms, and drive system innovations, all of which feed directly into materials demand. I'd watch the two unicorns here closely, because the sector's structural pull from the EV supply chain is only getting more pronounced.

FLIAR INTELLIGENCE · CHEMICALS AND MATERIALS TECH × INDIA

Our analysis of 50 Chemicals and Materials Tech companies

$4.4b in tracked funding; 79% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
79%cloud-native stacks
2025funding peak (by rounds)
1unicorns
2015median founding year
426kcombined LinkedIn audience
41%of audience held by top 3
7companies hiring publicly (12 mo)

Ranked: Best Chemicals and Materials Tech companies in India

#CompanyDisclosed fundingRevenueRevenue YoYEmployeesTech stackMarket signals (1y)Patents & IP focusRecent signals
1OfBusiness 🦄
Provider of an online platform for raw materials procurement and credit
83Funding top 13%Moat top 17%Market top 20%Talent top 23%
All 11 signals ▾
Fundingtop 13%
Moattop 17%
Markettop 20%
Talenttop 23%
Fin. healthtop 29%
Techtop 34%
Producttop 38%
Innovationtop 40%
Growthtop 46%
Globalbottom 39%
Newsbottom 34%
Funding: Raised $758M across 14 rounds · 14 rounds over 11 yrs (1.3/yr)
Moat: Top 1% by revenue among 257 tracked Construction Tech companies · Editorial + unicorn rating 9/10
rank vs industry peers · Fliar Intelligence Index 83/100
$758M$2.7B
FY2025
+15%929
929 → 1,144 (+23%) · sector median +23%
Apple iCloud MailGoogle WorkspaceReact+171 internship · 1 partnership
2JSW One MSME 🦄
Online retailer of TMT, steel HR coil, and cement products
78Moat top 20%Fin. health top 23%Funding top 26%Market top 27%
All 11 signals ▾
Moattop 20%
Fin. healthtop 23%
Fundingtop 26%
Markettop 27%
Techtop 27%
Innovationtop 34%
Producttop 37%
Newstop 45%
Growthtop 46%
Talentbottom 49%
Globalbottom 37%
Moat: Top 1% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 7/10
Fin. health: Revenue ~$471M (FY2021) · Net margin -5.5%
rank vs industry peers · Fliar Intelligence Index 78/100
$25M$471M
FY2025
+180%186TurbopackNode.jsNextAuth.js+215 signals ▼50%
M&A · Funding · New product
1 launch
3Epsilon Carbon
Manufacturer of reinforcing grades and tread grades of hard carbon black and coal tar derivatives
60Market top 23%Fin. health top 25%Moat top 26%Product top 29%
All 12 signals ▾
Markettop 23%
Fin. healthtop 25%
Moattop 26%
Producttop 29%
Fundingtop 38%
Newstop 44%
Growthtop 45%
Talentbottom 49%
Innovationbottom 43%
Globalbottom 37%
Patentsbottom 36%
Techbottom 26%
Market: 634 employees (top 2% of High Tech) · Revenue ~$323M
Fin. health: Revenue ~$323M (FY2024) · Net margin 9.3%
rank vs industry peers · Fliar Intelligence Index 60/100
$12M$323M
FY2025
+6%634
634 → 752 (+19%) · sector median +23%
WordPressMySQLPHP+145 signals
Announcements · New product · Capital raise
2 patents
Biomass-derived carbon cathodes for lithium‑ion battery applications
1 award
4Source.one
Provider of an online marketplace for polymers
$3M$273M
FY2025
+7%121
121 → 163 (+35%) · sector median +23%
TypeScriptZone.jsAngular+151 partnership
5Power2SME
Provider of a B2B digital marketplace offering multi-category industrial products
$86M$121M
FY2025
181JavaFirebaseUbuntu+20
6NowPurchase
Tech interfaced procurement marketplace for metal manufacturers
72Moat top 28%Growth top 32%Funding top 33%Talent top 34%
All 11 signals ▾
Moattop 28%
Growthtop 32%
Fundingtop 33%
Talenttop 34%
Fin. healthtop 35%
Producttop 36%
Innovationtop 39%
Techtop 39%
Markettop 45%
Newsbottom 49%
Globalbottom 37%
Moat: Top 15% by revenue among 13 tracked Materials Tech companies · Editorial + unicorn rating 7/10
Growth: Headcount 47 → 79 (+68%) across vintages · Revenue +75% YoY
rank vs industry peers · Fliar Intelligence Index 72/100
$10M$39M
FY2025
+75%79
79 → 138 (+75%) · sector median +23%
Cart FunctionalitySentryReact+136 signals ▼54%
Funding
1 internship · 1 award
7Kineco
Manufacturer of composite products for railway, defense, aerospace, and industrial sectors
$11M$29M
FY2025
+38%302Google MapsAnimate.cssBootstrap+134 signals ▲100%
Contracts · M&A
8 patents
Sliding door eccentric mechanisms and coach access door hardware
8MetalBook
Provider of a SaaS-enabled marketplace for steel auctioning
82Growth top 18%Moat top 30%Funding top 31%Market top 35%
All 10 signals ▾
Growthtop 18%
Moattop 30%
Fundingtop 31%
Markettop 35%
Talenttop 35%
Techtop 42%
Fin. healthtop 46%
Productbottom 48%
Globalbottom 38%
Newsbottom 27%
Growth: Headcount 92 → 142 (+54%) across vintages
Moat: Top 31% by revenue among 13 tracked Materials Tech companies · Editorial + unicorn rating 7/10
rank vs industry peers · Fliar Intelligence Index 82/100
$20M$11M
FY2022
142
142 → 171 (+20%) · sector median +23%
Node.jsYouTubeNext.js App Router+15
9Ximkart
An online B2B cross-border trade marketplace offering industrial raw materials
$2M$10M
FY2025
+12%11WebflowAmazon Web ServicesLenis+15
10The Yarn Bazaar
Online B2B marketplace platform offering yarns
$2M$7M
FY2025
+54%17YouTubeBootstrapAmazon Web Services+15
11Barrix Agro Sciences
Innovative agriculture solutions provider specializing in pheromone technology and plant nutrition
$4M$7M
FY2025
+81%29Cart FunctionalityWooCommerceWordPress+20
12Amwoodo
Bamboo-based sustainable consumer products and eco-friendly alternatives
$1M$6M
FY2025
+140%59
59 → 57 (-3%) · sector median +23%
WordPressMySQLPHP+294 signals
Funding
13Proklean Technologies
Manufacturer of bio-based products for leather, textiles, and pulp and paper
$10M$6M
FY2025
-10%152WordPressTypeScriptPHP+17
14Elchemy
Provider of chemical distribution, custom manufacturing, and regulatory compliance services
$2M$5M
FY2025
+20%17Node.jsUbuntuTailwind CSS+111 award
15Fermbox
Company focused on developing alternative animal products through microbial precision fermentation
64Growth top 21%Fin. health top 26%Product top 36%Talent top 38%
All 11 signals ▾
Growthtop 21%
Fin. healthtop 26%
Producttop 36%
Talenttop 38%
Innovationtop 39%
Moattop 41%
Techtop 45%
Fundingtop 47%
Marketbottom 38%
Partnersbottom 34%
Globalbottom 32%
Growth: Revenue +732% YoY · Fresh capital in last 24 mo
Fin. health: Revenue ~$1.7M (FY2024) · Net margin 16.6%
rank vs industry peers · Fliar Intelligence Index 64/100
$3M$2M
FY2025
+732%22
22 → 38 (+73%) · sector median +23%
WordPressMySQLPHP+171 job opening · 1 award
16Canvaloop
Online platform offering sustainable fabrics and materials from agricultural waste
50Growth top 20%Moat top 37%News top 39%Funding top 44%
All 8 signals ▾
Growthtop 20%
Moattop 37%
Newstop 39%
Fundingtop 44%
Fin. healthtop 44%
Globalbottom 48%
Techbottom 47%
Marketbottom 31%
Growth: Revenue +114% YoY · Fresh capital in last 24 mo
Moat: Top 25% by revenue among 1223 tracked Fashion Tech companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 50/100
$574K$1M
FY2025
+114%7Wix eCommerceWixSentry+133 signals ▲200%
Funding
1 job opening · 1 award
17Whizzo
Manufacturer of technical and fashion textiles, yarns, and fiber products
35Funding top 34%Growth top 35%Moat top 43%Talent bottom 49%
All 8 signals ▾
Fundingtop 34%
Growthtop 35%
Moattop 43%
Talentbottom 49%
Globalbottom 48%
Marketbottom 42%
Techbottom 27%
Fin. healthbottom 26%
Funding: Raised $19.2M across 2 rounds · 2 rounds over 2 yrs (1.0/yr)
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 35/100
$19M$1M
FY2025
WordPress Block EditorWordPressMySQL+12
18MedPrime Technologies
Developer of digital microscopes for pathology and telepathology
$2M$889K
FY2025
+34%30WordPressMySQLPHP+22
19Carbanio
Provider of a marketplace for chemicals
$1M$489K
FY2023
+1139%43
20Brisil Technologies
Manufacturer and supplier of precipitated silica for various industrial and consumer applications using…
$420K$452K
FY2025
+65%WordPressMySQLPHP+15
21Exposome
Provider of materials chemistry solutions for industrial air and water treatment
$1M$331K
FY2025
+121%14
14 → 30 (+114%) · sector median +23%
WordPressMySQLPHP+2425 patents
Regenerative sorbent materials for selective removal of water and gas pollutants
1 launch
22altM
Deep-tech biorefinery company converting agricultural waste into sustainable biomaterials
$4M$251K
FY2025
10
10 → 24 (+140%) · sector median +23%
Webflow EcommerceWebflowGSAP+14
23NoPo Nanotechnologies
Manufacturer of single-walled carbon nanotubes for electronics, medical, and filtration
$3M$243K
FY2025
+428%23WixSentryZoho+153 patents
Manufacturing single‑wall carbon nanotubes and CNT‑based fast‑response strain sensors.
24AGNIT Semiconductors
Manufacturer of gallium nitride wafers and radio frequency power components
45Growth top 23%Talent top 23%News top 36%Tech top 48%
All 9 signals ▾
Growthtop 23%
Talenttop 23%
Newstop 36%
Techtop 48%
Fundingtop 49%
Moatbottom 48%
Fin. healthbottom 40%
Globalbottom 32%
Marketbottom 25%
Growth: Revenue +244% YoY · Fresh capital in last 24 mo
Talent: 6 named leaders on record · 6 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 45/100
$5M$191K
FY2025
+244%14
14 → 35 (+150%) · sector median +23%
WixSentryBootstrap+105 signals ▲25%
Funding
1 job opening · 1 expansion
25Phitons Bioengineering
Manufacturer of compostable and sustainable packaging solutions
$224K$173K
FY2025
+241%PHPApache HTTP ServerCloudflare+96 patents
Starch‑based biodegradable polymer formulations and manufacturing processes for eco‑friendly materials
26Fabheads
Designing and prototyping services for 3D printing products
13Funding top 43%Tech top 50%Talent bottom 49%Moat bottom 47%
All 9 signals ▾
Fundingtop 43%
Techtop 50%
Talentbottom 49%
Moatbottom 47%
Globalbottom 37%
Growthbottom 34%
Marketbottom 30%
Newsbottom 26%
Fin. healthbottom 11%
Funding: Raised $3.4M across 7 rounds · 7 rounds over 8 yrs (0.9/yr)
Tech: 16 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Cloudflare
rank vs industry peers · Fliar Intelligence Index 13/100
$3M$168K
FY2025
-59%58
58 → 56 (-3%) · sector median +23%
TypeScriptZone.jsAngular+13
27Nanosafe Solutions
Manufacturer of antimicrobial additives, pest repellents, and water quality improvement products
$375K$135K
FY2025
+72%
28Cancrie
Developer of nanocarbon material from waste for energy storage devices
$1M$134K
FY2025
+42%10WixSentryBootstrap+11
29TriNANO
Manufacturer of protective nano coatings for solar energy panel surfaces
37Growth top 21%Talent top 28%Funding bottom 47%Moat bottom 42%
All 8 signals ▾
Growthtop 21%
Talenttop 28%
Fundingbottom 47%
Moatbottom 42%
Techbottom 41%
Fin. healthbottom 38%
Globalbottom 32%
Marketbottom 22%
Growth: Revenue +146% YoY · Fresh capital in last 24 mo
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 37/100
$558K$112K
FY2025
+146%10WordPressMySQLPHP+231 award
30AltMat
Manufacturer of sustainable material science solutions converting agricultural waste into natural textile…
$1M$104K
FY2025
-20%WordPressMySQLPHP+25
31Ukhi
Manufacturer of biodegradable and compostable polymers for sustainable packaging solutions
$2M$93K
FY2025
-8%WordPressMySQLPHP+17
32Entellus
Manufacturer of rare earth-based materials for clean energy and electronics
14Talent top 38%Funding top 45%Growth bottom 43%Tech bottom 43%
All 8 signals ▾
Talenttop 38%
Fundingtop 45%
Growthbottom 43%
Techbottom 43%
Globalbottom 37%
Moatbottom 31%
Marketbottom 22%
Fin. healthbottom 18%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $17.5M across 2 rounds · 2 rounds over 1 yrs (2.0/yr)
rank vs industry peers · Fliar Intelligence Index 14/100
$18M$58K
FY2025
-17%WebflowGSAPLenis+15
33Dharaksha Ecosolutions
Manufacturer of biodegradable packaging material produced from crop stubble waste
$3M$55K
FY2025
-62%75
75 → 45 (-40%) · sector median +23%
Wix eCommerceWixSentry+14
34CeraTattva InnoTech
Provider of redefining materials manufacturing services
$157K$39K
FY2025
-21%1 launch
35Royal Bengal Greentech
Developer of sustainable, affordable green technologies for the MSME sector
$270K$39K
FY2025
+60%WordPress Block EditorWordPressMySQL+12
36Aegion
Manufacturer of advanced material components for aerospace, energy, and industrial sectors
$148K$38K
FY2025
+51%
37PolyCycl
Patented technology for conversion of low-grade waste plastics into valuable feedstocks for a…
40Innovation top 28%Growth top 32%Funding top 44%News bottom 49%
All 11 signals ▾
Innovationtop 28%
Growthtop 32%
Fundingtop 44%
Newsbottom 49%
Talentbottom 49%
Productbottom 45%
Techbottom 41%
Moatbottom 38%
Globalbottom 37%
Fin. healthbottom 33%
Marketbottom 26%
Innovation: 3 new-product events in 24 mo · Deep-tech classification: Tech Hardware
Growth: Revenue +77% YoY · Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 40/100
$1M$37K
FY2025
+77%12
12 → 8 (-33%) · sector median +23%
WebflowLiteSpeedcore-js+103 signals
Funding · Capital raise
1 job opening
38Zerocircle
Manufacturer of algae based barrier coatings for food contact packaging
10Talent top 38%Tech top 41%Funding top 46%Global bottom 37%
All 9 signals ▾
Talenttop 38%
Techtop 41%
Fundingtop 46%
Globalbottom 37%
Moatbottom 37%
Growthbottom 25%
Marketbottom 20%
Newsbottom 17%
Fin. healthbottom 10%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Tech: 31 technologies across 4/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 10/100
$300K$36K
FY2025
-85%WordPressMySQLPHP+222 launchs
39Telluris Biotech India
Manufacturer and supplier of crop protection solutions
$6M$28K
FY2025
-82%49WordPressMySQLPHP+2048 patents
Broad-spectrum peptide insecticides and synergistic nematicidal formulations for crop protection
40BacAlt BioSciences
Manufacturer of biopolymers derived from processed post harvest crop residues
$2M$27K
FY2025
+111%Framer SitesReactLenis+53 signals
Funding
41KBCols Sciences
Developer of bioprocess technology for manufacturing natural, non-GMO biocolors
$2M$25K
FY2025
-89%6WordPressMySQLPHP+16
42Quan2D Technologies
Manufacturer of nanomaterials and developer of quantum technology-based sensing solutions
40Growth top 17%Talent top 45%Fin. health bottom 48%Funding bottom 40%
All 7 signals ▾
Growthtop 17%
Talenttop 45%
Fin. healthbottom 48%
Fundingbottom 40%
Moatbottom 33%
Globalbottom 29%
Marketbottom 16%
Growth: Revenue +290% YoY · Fresh capital in last 24 mo
Talent: 2 named leaders on record
rank vs industry peers · Fliar Intelligence Index 40/100
$92K$16K
FY2025
+290%
43Terracarb
Manufacturer of pre-dispersed graphene additives
$29K$2K
FY2021
-74%WordPressMySQLPHP+14
44Cellarim Labs
Manufacturer of biochemicals using cell free platform
$830K$734
FY2025
45Aamati Green
Manufacturer of plant-based leather from mango waste
6Funding top 50%Tech top 50%Talent bottom 49%Global bottom 37%
All 10 signals ▾
Fundingtop 50%
Techtop 50%
Talentbottom 49%
Globalbottom 37%
Patentsbottom 36%
Growthbottom 32%
Moatbottom 23%
Innovationbottom 20%
Fin. healthbottom 9%
Marketbottom 6%
Funding: Raised $6.5M across 3 rounds · 3 rounds over 2 yrs (1.5/yr)
Tech: 14 technologies across 4/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 6/100
$7M$59
FY2025
-97%Hostinger Website BuilderAstroVue.js+112 patents
Biodegradable fruit‑derived leather materials and manufacturing processes
3 launchs
46Novyte Materials
Provider of AI-powered platform for materials engineering and discovery
$459KLovableThree.jsReact+91 job opening · 1 partnership
47DashamLabs
Manufacturer of silica aerogel insulation materials for various industrial applications
$1MWordPressMySQLPHP+13
48GENZ MATERIALS
Manufacturer of chemicals and chemical products
57Talent top 25%Funding bottom 43%Global bottom 33%
All 3 signals ▾
Talenttop 25%
Fundingbottom 43%
Globalbottom 33%
Talent: 5 named leaders on record
Funding: Raised $350k across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 57/100
$350K
49Wissenkraft Labs
Developer of engineered surface coating technologies for biomedical device performance
$123MRubyVideoJSRuby on Rails+1645 signals ▲80%
Leadership · New product · Earnings
50Liquid Diamonds
Provider of technology-driven diamond sourcing solutions for retailers and wholesalers
22Growth top 45%Funding bottom 49%Talent bottom 49%Tech bottom 45%
All 8 signals ▾
Growthtop 45%
Fundingbottom 49%
Talentbottom 49%
Techbottom 45%
Globalbottom 40%
Productbottom 39%
Newsbottom 27%
Marketbottom 21%
Funding: Raised $1.2M across 2 rounds · 2 rounds over 7 yrs (0.3/yr)
rank vs industry peers · Fliar Intelligence Index 22/100
$1M8Webflow EcommerceWebflowcore-js+11

Top 12 Chemicals and Materials Tech companies in India

#1
Series G · Delhi, Delhi · founded 2015 · 929 employees
$758.4Mraised

Provider of an online platform for raw materials procurement and credit. The platform facilitates the buying and selling of raw materials across various categories. It offers services such as price discovery, access to credit, and order management. The company functions as a supplier, manufacturer, importer, and exporter.

Fliar Intelligence Index™ 83how this company ranks against its industry peers
Funding
top 13%
Moat
top 17%
Market
top 20%
Talent
top 23%
Fin. health
top 29%
Tech
top 34%
Funding: Raised $758M across 14 rounds · 14 rounds over 11 yrs (1.3/yr) · Last round Series G (Apr 2025)
Moat: Top 1% by revenue among 257 tracked Construction Tech companies · Editorial + unicorn rating 9/10 · Unicorn
Market: 929 employees (top 11% of SaaS) · Revenue ~$2.7B · ~32% of tracked Construction Tech revenue (257 cos, FY2025)
Audience (LinkedIn): 70k LinkedIn followers — 16.3% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. inFeedo AI) announced in 12 mo
Funding rounds
  • Apr 2025Series G$11.7M
  • Oct 2024Angel$5.9M
  • Apr 2024Series G$707.9K
  • Jul 2023Series G$5.7M
Founders & team
Jaivee JosephCo-FounderVasant SridharCo-Founder & CSORuchi KalraCo-Founder & CFO
Investors
VR Sikka Consulting, Tangerine, Innoven Capital, Alpha Wave Global, Creation Investments, Z47
Tech stack
Amazon SesAmazon Web ServicesApple Icloud MailAws Certificate ManagerCore-JsEmotion
#2
Series B · Kolkata, West Bengal · founded 2017 · 79 employees
$10Mraised

Tech interfaced procurement marketplace for metal manufacturers. It offers software to optimize production and streamline the procurement process. The solutions include raw materials distribution, quote generation, quality inspection, inventory management, and more. It supplies multiple products including power tools, electrical, fasteners, industrial bearings, and more.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Moat
top 28%
Growth
top 32%
Funding
top 33%
Talent
top 34%
Fin. health
top 35%
Product
top 36%
Moat: Top 15% by revenue among 13 tracked Materials Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Growth: Headcount 47 → 79 (+68%) across vintages · Revenue +75% YoY · Fresh capital in last 24 mo
Funding: Raised $10.0M across 4 rounds · 4 rounds over 7 yrs (0.6/yr) · Last round Series B (Mar 2026)
Audience (LinkedIn): 35k LinkedIn followers — 8.1% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Mar 2026Series B$8.5M
  • Sep 2024Conventional Debt
  • Dec 2023Series A$6M
  • Nov 2021Seed$2.4M
Founders & team
Aakash ShahCo-Founder & DirectorNaman ShahCo-Founder & CEO
Investors
Orios Venture Partners, Ie Venture, Crimson, Info Edge Ventures, Nipha Finance and Reality, 100Unicorns
Tech stack
Amazon S3Amazon Web ServicesAmplitudeAnimate.CssBootstrapCart Functionality
#3
Series A · Bengaluru, Karnataka · founded 2024
$19.2Mraised

Manufacturer of technical and fashion textiles, yarns, and fiber products. The company specializes in engineered textiles designed for various industries. It offers textile design and research services to help businesses create designs and develop innovations. The business transforms visions into market-leading solutions through textile expertise. It targets automotive, agriculture, medical, packaging, protective clothing via custom R&D/design services—directly aligning with fiber/yarn innovation over basic commodities.

Fliar Intelligence Index™ 35how this company ranks against its industry peers
Funding
top 34%
Growth
top 35%
Moat
top 43%
Talent
bottom 49%
Global
bottom 48%
Market
bottom 42%
Funding: Raised $19.2M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Series A (Jan 2026)
Growth: Fresh capital in last 24 mo
Moat: Top 38% by revenue among 100 tracked Advanced Materials companies · 9 curated direct competitors tracked
Audience (LinkedIn): 4k LinkedIn followers
Funding rounds
  • Jan 2026Series A$15M
  • Nov 2024Seed$4.2M
Founders & team
Shrestha KukrejaFounder & CEO
Investors
Lightspeed Venture Partners, Beenext, LB Investment, Fundamentum, Alteria Capital
Tech stack
BlocksyBlocksy CompanionGoogle WorkspaceHostingerHttp/3Litespeed
#4
Series A · Chennai, Tamil Nadu · founded 2022
$17.5Mraised

Manufacturer of rare earth-based materials for clean energy and electronics. The company produces NdPr metal, bonded powders, and strip cast alloys. These materials are key components in the magnet supply chain. The company focuses on creating independent and globally integrated supply chains. It embeds environmental, social, and governance factors into its core processes.

Fliar Intelligence Index™ 14how this company ranks against its industry peers
Talent
top 38%
Funding
top 45%
Growth
bottom 43%
Tech
bottom 43%
Global
bottom 37%
Moat
bottom 31%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $17.5M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) · Last round Series A (Jan 2026)
Growth: Revenue -17% YoY · Fresh capital in last 24 mo
Funding rounds
  • Jan 2026Series A$5.5M
  • Series A$12M
Founders & team
Simha KumarCo-Founder & CEONagarajan MahadevenCo-Founder
Investors
Social Capital, ZeroW
Tech stack
CloudflareCloudflare TurnstileGodaddyGoogle Font ApiGoogle Hosted LibrariesGsap
#5
Seed · Bengaluru, Karnataka · founded 2019 · 14 employees
$4.9Mraised

Manufacturer of gallium nitride wafers and radio frequency power components. The business designs and develops semiconductor devices and modules for wireless transmission and power conversion applications. Product offerings include wafers, radio frequency devices, and evaluation boards intended for use in telecommunication and strategic systems. The technical focus involves device processing and circuit design to manage power density and signal linearity.

Fliar Intelligence Index™ 45how this company ranks against its industry peers
Growth
top 23%
Talent
top 23%
News
top 36%
Tech
top 48%
Funding
top 49%
Moat
bottom 48%
Growth: Revenue +244% YoY · Fresh capital in last 24 mo
Talent: 6 named leaders on record · 6 C-suite/founder profiles curated
News: 5 BI events in 12 mo (of 9 tracked, 2 types) · +25% YoY · 5 high-value events (IPO/M&A/funding/contracts) in 12 mo
Audience (LinkedIn): 19k LinkedIn followers — 4.4% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Process Engineer
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • Mar 2026Seed$2.6M
  • Sep 2024Seed$3.5M
  • Feb 2021Angel$1.4M
Founders & team
Mayank ShrivastavaCo-FounderHareesh ChandrasekarCo-Founder & CEOShankar SelvarajaCo-Founder
Investors
3one4 Capital, Zephyr Peacock, Shastra, Foundation for Science Innovation and Development
Tech stack
Framer SitesGoogle AnalyticsGoogle Font ApiHstsHttp/3Lenis
#6
Series B · Mumbai, Maharashtra · founded 2020 · 186 employees
$25Mraised

Online retailer of TMT, steel HR coil, and cement products. It facilitates online purchases of mild steel, structural steel, and cement. The platform provides options to manage addresses and plan purchases. Support is offered through various channels, including phone and email.

Fliar Intelligence Index™ 78how this company ranks against its industry peers
Moat
top 20%
Fin. health
top 23%
Funding
top 26%
Market
top 27%
Tech
top 27%
Innovation
top 34%
Moat: Top 1% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 7/10 · Unicorn
Fin. health: Revenue ~$471M (FY2021) · Net margin -5.5% · Revenue +180% YoY
Funding: Raised $25.0M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) · Last round Series B (Oct 2025)
Audience (LinkedIn): 60k LinkedIn followers — 14.0% of this cohort's audience
Activity (LinkedIn): 1 product launches · 1 expansions announced in 12 mo
Funding rounds
  • Oct 2025Series B$26.5M
  • May 2025Series B$40M
  • Mar 2023Series A$25M
Founders & team
Gaurav SachdevaCEO
Investors
Mitsui, Principal Asset Management, One Up Financial Consultants, Satyug Technologies, Madox Ventures, SBI
Tech stack
BootstrapContentfulCore-JsEnvoyFacebook PixelGodaddy
#7
Series A · Bengaluru, Karnataka · founded 2022 · 22 employees
$2.6Mraised

It is a synthetic biology research and manufacturing company focused on developing alternative animal products using microbial precision fermentation. They offer a wide range of products including alternative lipids, colors, flavors, proteins, and green chemistry products. Fermbox Bio has formed a strategic partnership with Dyadic International to commercialize animal-free alternative proteins.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Growth
top 21%
Fin. health
top 26%
Product
top 36%
Talent
top 38%
Innovation
top 39%
Moat
top 41%
Growth: Revenue +732% YoY · Fresh capital in last 24 mo
Fin. health: Revenue ~$1.7M (FY2024) · Net margin 16.6% · Revenue +732% YoY
Product: 10 distinct product lines · Company stage: Series A
Audience (LinkedIn): 9k LinkedIn followers — 2.2% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Bioanalytics / Enzyme Assays – RA / SRA / Scientist
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Mar 2026Series A$7.3M
  • Apr 2025Series A$4.7M
  • Mar 2024Seed
  • Sep 2023Seed$2.6M
Founders & team
Ramanan ThirumoorthyCo-Founder & Chief Scientific OfficerSubramani RamachandrappaCo-Founder
Investors
C-CAMP, Speciale Invest, 3one4 Capital, Vanadium Trust, Dharani Family Trust, Camel Foods
Tech stack
CaddyCore-JsElementorEmotionFont AwesomeGodaddy
#8
Seed · Mumbai, Maharashtra · founded 2020
$6.5Mraised

Manufacturer of plant-based leather from mango waste. This leather is a sustainable alternative to animal and synthetic leathers. It utilizes bio-polymers derived from fermented mango waste fiber, resulting in a biodegradable and eco-friendly material. The manufacturing process involves sourcing waste mangoes directly from farmers, creating a circular economy model. The resulting leather possesses properties similar to traditional leather, suitable for various applications in fashion and other industries. The company holds exclusive manufacturing rights and patent licenses for this technology.

Fliar Intelligence Index™ 6how this company ranks against its industry peers
Funding
top 50%
Tech
top 50%
Talent
bottom 49%
Global
bottom 37%
Patents
bottom 36%
Growth
bottom 32%
Funding: Raised $6.5M across 3 rounds · 3 rounds over 2 yrs (1.5/yr) · Last round Seed (Dec 2025)
Tech: 14 technologies across 4/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management, Hsts
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 3 product launches announced in 12 mo
Funding rounds
  • Dec 2025Seed$892.5K
  • Nov 2024Angel$298.5K
  • Seed$5.3M
Founders & team
Pratik DadhaniaFounder
Investors
Gruhas, Kamath Technology, Zerodha
Tech stack
AstroCloudflareCloudflare Bot ManagementGoogle AnalyticsGoogle Tag ManagerHostinger
#9
Series A · Surat, Gujarat · founded 2020 · 7 employees
$573.8Kraised

Online platform offering sustainable fabrics and materials from agricultural waste. The platform provides users with a sustainable fabrics manufacturer that uses agricultural waste to create fibers and yarns for the textile industry.

Fliar Intelligence Index™ 50how this company ranks against its industry peers
Growth
top 20%
Moat
top 37%
News
top 39%
Funding
top 44%
Fin. health
top 44%
Global
bottom 48%
Growth: Revenue +114% YoY · Fresh capital in last 24 mo
Moat: Top 25% by revenue among 1223 tracked Fashion Tech companies · Editorial + unicorn rating 4/10 · 9 curated direct competitors tracked
News: 3 BI events in 12 mo (of 7 tracked, 2 types) · +200% YoY · Top themes: Funding
Audience (LinkedIn): 4k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: R&D Lead – Natural & Regenerated Fibres, Marketing Lead – Digital
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
  • Mar 2026Series A$1.4M
  • Sep 2024Grant (prize money)$23.9K
  • Apr 2024Angel$239.7K
  • Aug 2023Seed$132.9K
Investors
Theia Ventures, Social Alpha, H&M Foundation, Gujarat Venture Finance, Rockstud Capital, MassChallenge
Tech stack
BootstrapGoogle CloudGoogle Cloud CdnGoogle WorkspaceGsapHsts
#10
Series A · Kalka, Haryana · founded 2016 · 12 employees
$1.1Mraised

Patented technology for conversion of low-grade waste plastics into valuable feedstocks for a plastic-to-plastic circular economy. Polycycl's patented technology converts hard-to-recycle plastics, such as single-use polythene bags into liquefied hydrocarbon oils, using a scalable and cost-effective technology. The generated hydrocarbon oils serve as high-value chemical feedstocks for the manufacturing of a host of new low-carbon materials, including new virgin plastics, renewable chemicals and sustainable fuels - thereby transforming environmental waste into premium, valuable materials. Key attributes include- Developed over six generations of innovation and more than 150,000 man-hours of R&D, resulting in a robust and scalable industrial solution. Ability to process dirty, contaminated and mixed polyolefin plastics diverted from landfill streams. Fully-continuous, non-batch conversion enabled by patented reactor design, providing stable operations, high uptime and conversion yields of 65% -80%, Modular architecture with each conversion train capable of processing 15 TPD - 100 TPD of waste plastics per day. The fully-continuous process architecture reduces capital costs to one-half

Fliar Intelligence Index™ 40how this company ranks against its industry peers
Innovation
top 28%
Growth
top 32%
Funding
top 44%
News
bottom 49%
Talent
bottom 49%
Product
bottom 45%
Innovation: 3 new-product events in 24 mo · Deep-tech classification: Tech Hardware
Growth: Revenue +77% YoY · Fresh capital in last 24 mo
Funding: Raised $1.1M across 4 rounds · 4 rounds over 4 yrs (1.0/yr) · Last round Series A (Jan 2026)
Audience (LinkedIn): 2k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · hiring: Lead | Senior Research Scientist, Leader
Activity (LinkedIn): 1 partnerships (incl. Runmatter by Zerodha) announced in 12 mo
Funding rounds
  • Jan 2026Series A$2.9M
  • May 2024Seed$96.1K
  • Oct 2022Seed$289.6K
  • Feb 2022Seed$689.6K
Founders & team
Amit TandonFounder & CEO
Investors
LetsVenture, Aha Vets, Milestone Gears, Morpheus Ananta, Supermorpheus, TSM Ventures
Tech stack
CdnjsCloudflareCore-JsGoogle AnalyticsGoogle Font ApiGoogle Hosted Libraries
#11
Seed · Navi Mumbai, Maharashtra · founded 2022 · 10 employees
$558Kraised

Manufacturer of protective nano coatings for solar energy panel surfaces. These solid-state applications create a microstructure on panels to prevent the accumulation of dust, oil, soot, and organic debris. The coating properties include light trapping, anti-reflection, and self-cleaning capabilities to maintain panel performance. By reducing the frequency of manual cleaning, these materials assist in maintaining energy output levels.

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Growth
top 21%
Talent
top 28%
Funding
bottom 47%
Moat
bottom 42%
Tech
bottom 41%
Fin. health
bottom 38%
Growth: Revenue +146% YoY · Fresh capital in last 24 mo
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Funding: Raised $558k across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Seed (Mar 2026)
Audience (LinkedIn): 1k LinkedIn followers
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
  • Mar 2026Seed$190.7K
  • Nov 2024Seed$367.3K
  • 2024Grant (prize money)
Founders & team
Tanujjal BoraCo-Founder & Technical Director Rish SethiCo-Founder & DirectorAnshu DandiaCo-Founder
Investors
Spectrum Impact, Forge, Elektron Invest, SINE, VentureStudio, Ahmedabad University, Arise Ventures
Tech stack
Core-JsElementorEndurance Page CacheEssential Addons For ElementorFont AwesomeGoogle Analytics
#12
Seed · Kolkata, West Bengal · founded 2019 · 59 employees
$1Mraised

Bamboo-based sustainable consumer products and eco-friendly alternatives. It develops eco-friendly items across categories such as personal care, hospitality supplies, packaging, and engineered bamboo materials. It focuses on promoting a plastic-free lifestyle by leveraging renewable bamboo resources, supporting sustainable manufacturing practices, and enabling environmental impact reduction through everyday consumer products.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers — 2.6% of this cohort's audience
Funding rounds
  • Dec 2025Angel$749.4K
  • May 2025Seed$4M
  • Apr 2024Seed$1M
  • Nov 2023Seed$54K
Founders & team
Avijit RajakCo-Founder & Director of FinanceSourav DeyCo-Founder & DirectorAgni MitraCo-Founder & CEO
Investors
Rainmatter, Upaya Social Ventures, Adventz, Rare Fam Holdings, ThinKuvate, Caspian Debt
Tech stack
Apache Http ServerAutoptimizeContact Form 7Core-JsElementorFlickity

Funding & investor landscape

$1.2Btotal disclosed funding
65companies funded
174disclosed rounds
2rounds last 90 days
Most active investors
BIRAC13 rounds
C-CAMP6 rounds
IIMA Ventures6 rounds
Rainmatter6 rounds
Aarem Ventures5 rounds
Foundation for Science Innovation and Development5 rounds
IIT Mandi Catalyst5 rounds
SINE5 rounds
Axilor Ventures4 rounds
LetsVenture4 rounds

Notable founders

Jaivee Joseph
Co-Founder · OfBusiness
Vasant Sridhar
Co-Founder & CSO · OfBusiness
Aakash Shah
Co-Founder & Director · NowPurchase
Naman Shah
Co-Founder & CEO · NowPurchase
Shrestha Kukreja
Founder & CEO · Whizzo
Simha Kumar
Co-Founder & CEO · Entellus
Nagarajan Mahadeven
Co-Founder · Entellus
Mayank Shrivastava
Co-Founder · AGNIT Semiconductors
Hareesh Chandrasekar
Co-Founder & CEO · AGNIT Semiconductors
Gaurav Sachdeva
CEO · JSW One MSME
Ramanan Thirumoorthy
Co-Founder & Chief Scientific Officer · Fermbox
Subramani Ramachandrappa
Co-Founder · Fermbox
Prism market signals · India · country-scoped Prism corpus, 6,618,601 docs

Market landscape — 10 sub-themes by coverage

Share of Chemicals and Materials Tech 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 materials.
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 quadrupling — rising from 5 to 22 papers, with 3D printing and Self-healing hydrogels flagged as new risk areas.
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 · Shape-memory polymer
Chennai32 · +0.46
Hot · NanotechnologyAdvancing · ActuatorOpportunity · Supramolecular chemistry
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 Tech companies are there in India?
Radar tracks 330 indexable Chemicals and Materials Tech companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Chemicals and Materials Tech companies in India?
The Chemicals and Materials Tech companies in India on this list have raised a combined $1.2B in disclosed equity funding across 65 funded companies.
Which is the highest-funded Chemicals and Materials Tech company in India?
OfBusiness is the highest-funded Chemicals and Materials Tech company in India, with $758.4M in disclosed equity funding.
How many Chemicals and Materials Tech companies in India are funded?
65 of the 330 Chemicals and Materials Tech companies in India on this list have disclosed at least one equity funding round.
How many Chemicals and Materials Tech unicorns are there in India?
2 Chemicals and Materials Tech companies in India on this list are valued at $1B or more.
Who are the top investors in India Chemicals and Materials Tech companies?
The most active investors in India Chemicals and Materials Tech companies on this list include BIRAC, C-CAMP, IIMA Ventures, Rainmatter, Aarem Ventures.
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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