Company lists
The Mumbai edition · 2026

Chemicals and materials techcompanies in Mumbai

Advanced materials, chemicals tech, nanotechnology, B2B marketplaces, textiles & fashion materials and more: the companies building chemicals and materials tech in Mumbai, Maharashtra, with their founders, funding, team size and business models.

56 company profiles23 with reported revenue10 with recorded fundingOctober 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent chemicals and materials tech business events in India

Funding, M&A, contract wins and launches involving 529 chemicals and materials tech companies in India, last 24 months: 22 funding rounds · 8 launches · 7 M&A deals · 6 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Jsw one acquires Buildnext

JSW One Platforms Limited, the e-commerce arm of the $24 billion JSW Group, has concluded the acquisition of tech-enabled construction startup BuildNext.

Tech-enabled construction
M&AAcquisition · Announced

JSW One Platforms acquires BuildNext Construction Solutions

IPO-bound B2B marketplace JSW One Platforms has acquired Pidilite Ventures-backed proptech startup BuildNext Construction Solutions as it looks to expand its presence in India's…

Proptech
FundingFunding round

Canvaloop

Biomaterials startup Canvaloop raised $1.5 million from Gujarat Venture Finance Limited and Rockstud Capital.

Investors Gujarat Venture Finance, Rockstud Capital
Biomaterials
Funding

Agnit semiconductors

Semiconductors startup AGNIT Semiconductors raised $470,000 in funding

Semiconductors
M&AMerger · Announced

Kineco acquires Kineco Train Tech Private Limited

Kineco Limited, one of India's most closely watched unlisted composite manufacturers, is merging its subsidiary Kineco Train Tech Private Limited (KTTPL) into itself through a fast-track…

Railway technology
Contract

Fermbox Bio Private Limited · client: Numaligarh refinery

The entities with whom MoUs have been entered into include Forace Speciality Chem Private Limited, Fermbox Bio Private Limited, altM Bio, Council of Scientific & Industrial Research…

FundingPre-Series A

Zerocircle

Materials science company Zerocircle has raised Rs 5 crore in pre-Series A funding round co-led by 3one4 Capital and Rainmatter Capital along with participation from other investors.

Materials Science
LaunchTerrablack

Epsilon carbon

Epsilon Carbon, has announced the launch of Terrablack, a product line that aims to shape the carbon black sector with sustainability at its core

Carbon Black
Funding

Lohia aerospace

Singularity AMC, a leading growth-equity investment platform backed by Madhusudan Kela and led by Yash Kela, today announced that it has invested in Lohia Aerospace Systems Private…

Investors Singularity AMC
Advanced materials and composites manufacturing for aerospace and defence
Funding

India glycols

India Glycols Ltd has raised ₹466.99 crore through a preferential allotment of 51,03,765 equity shares, the company told exchanges on Wednesday.

Investors Kashipur Holdings Ltd
LaunchRivexa cross‑border trade payment solution

Mjunction Services

rivexa by mjunction Services Limited has introduced a seamless cross‑border trade payment solution to streamline global financial frameworks for Indian exporters registered on the platform

Financial services
Funding

Fabheads

For instance, in June, Fabheads, a composite manufacturing technology company, raised $10 million through a mix of debt and equity from Accel and others.

Investors Accel, Others
Manufacturing
Contract

Kineco · client: Beml limited

This marks another strategic international tie-up for BEML, which had earlier signed an MoU with Kineco to collaborate on advanced composite manufacturing for aerospace and defence…

ContractTechnology

BEML Ltd · client: Kineco

Before this, BEML and Kineco Ltd have signed a MoU to collaborate in the field of advanced composite manufacturing for aerospace and Defence applications.

Aerospace and Defence
FundingPre-Series A

Exposome

Exposome, a Mumbai-based clean-tech startup pioneering the development and deployment of regenerative filtration technologies for industrial and municipal air and water treatment, has…

Investors Colossa Womenfirst Fund, Thermax, 3i partners, Infinyte Club Angel Fund
Clean-tech
ContractSupply

Upl · client: Pepsico

Indian agrochemicals major UPL is in advanced discussions with PepsiCo for a multi-year global supply agreement, CNBC-TV18 understands from sources.

Agrochemicals
Funding

Amwoodo

Nithin Kamath-backed Amwoodo, a Kolkata-based sustainable startup, has raised $4 million or about Rs 35 crore from multiple investors such as Adventz and Caspian.

Sustainable packaging
FundingPre-seed

BacAlt BioSciences

Bio-tech startup BacAlt Biosciences has raised $2 million (about Rs 18 crore) in a pre-seed funding round led by Avaana Capital along with participation from Lubrizol InnoVentures.

Investors Avaana Capital, Lubrizol InnoVentures
Biotechnology
LaunchInvisi Grille

Garware technical fibres

Global leader in technical textiles Garware Technical Fibres Ltd. (GTFL) has announced the launch of Invisi Grille, India’s first engineered invisible safety grille.

Invisible safety grille
LaunchFleet of six LNG-powered container trucks

Epsilon carbon

Epsilon Carbon Pvt. Ltd. has launched a fleet of six LNG-powered container trucks for carbon black freight, aiming to reduce emissions and improve supply chain efficiency.

Truck
FundingSeed

Bosonq psi

Deep‑tech startup BQP (BosonQ Psi) has closed a $5 million seed round. The round was led by Monta Vista Capital, with participation from New York Ventures, Arc Ventures, Arka Venture…

Investors Monta vista capital, New York Ventures, Arc ventures, Arka venture labs
Deep-tech / Quantum Digital Twin
FundingLoan

Epsilon advanced materials

Epsilon Advanced Materials Inc (EAM), the battery materials arm of Epsilon Group, has received a non-binding Letter of Interest (LOI) from the Export-Import Bank of the United States…

Investors Export-Import Bank of the United States (EXIM)
Battery materials
FundingSeries A

Fabheads

Chennai-based composite manufacturing technology startup Fabheads has raised $10 million in Series A funding to automate composite fiber manufacturing. The round was led by Accel, with…

Composite manufacturing technology
M&AAcquisition · Announced

Garware technical fibres acquires Offshore & trawl supply as

Pune, 24th June 2025, Garware Technical Fibres Limited (GTFL), a global leader in technical textiles and application-focused solutions across Aquaculture, Fisheries, Geosynthetics,…

Synthetic Cordage Solutions
M&AAcquisition · Announced

International conveyors limited acquires Jsw one

Along with it, International Conveyors Limited has acquired 710 Compulsory Convertible Preference Shares (CCPS) in JSW One Platforms Ltd. for a cash consideration of ₹40.24 crore.

Funding

Cancrie

Cancrie $1.2 Mn Chemical Raw Materials Manufacturing

Chemical Raw Materials Manufacturing
Funding

Zerocircle

Zerocircle $2.3mn Biotech

Biotech
FundingMaiden institutional seed round

Cancrie

Cancrie, a startup specialising in advanced nanocarbon materials for energy storage, has raised $1.2 million in its maiden institutional seed round.

Energy Storage Materials
M&AAcquisition · Completed

Kashipur Holdings Limited acquires India glycols

Kashipur Holdings Limited, a promoter company, acquired an additional 12.21% stake (37,79,819 shares) in India Glycols Limited under a composite arrangement approved by the NCLT.

Chemicals
FundingSeries A

Bosonq psi

BosonQ Psi, a Bhilai-based startup that develops quantum simulation software also bagged Series A funding last month.

Investors Na
Quantum computing

Chemicals and materials tech companies in Mumbai, by revenue

Browse chemicals and materials tech companies in Mumbai by reported revenue, one-year revenue growth, revenue model, age and stage. The 23 companies below are the largest by their most recent reported revenue among 23 chemicals and materials tech companies in Mumbai, Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 23 of 23

Online retailer of TMT, steel HR coil, and cement products

Manufacturing tech
₹3,983.39 crFY 2024-25
+180%2024–2025
934-63% 12 mo to Sep 2024LinkedIn · Oct 2026
6 yr2020
0none in 3 months

Manufacturer of reinforcing grades and tread grades of hard carbon black and coal tar derivatives

Advanced materials
₹2,733.41 crFY 2024-25
+6%2024–2025
772+20% 12 mo to Aug 2024LinkedIn · Oct 2026
16 yr2010
0none in 3 months · last posted Jul 2026

Online retailer of diamond products

Materials tech
₹492.79 crFY 2022-23
Not reported
109LinkedIn · Jul 2026
60 yr1966
0none in 3 months · last posted Sep 2023

Manufacturer of textiles for hospitality, promotional, and healthcare sectors

Home furnishing products
₹108.04 crFY 2024-25
+11%2024–2025
—Not available
31 yr1995
0none in 3 months

Manufacturer of activated carbon products for industrial and environmental applications

Advanced materials
₹98.68 crFY 2024-25
+36%2024–2025
31LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Mobile-based application offering contract manufacturer marketplace for steel products

Manufacturing tech
₹58.34 crFY 2024-25
+1660%2024–2025
38LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Manufacturer of specialty graphite products including expandable, high purity, and spherical.

Advanced materials
₹46.00 crFY 2024-25
-4%2024–2025
36LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of chemical distribution, custom manufacturing, and regulatory compliance services

Chemicals tech
₹44.08 crFY 2024-25
+20%2024–2025
55+21% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
1postings · last posted Sep 2026

Online platform offering bioenergy solutions

Crop tech
₹40.05 crFY 2024-25
+279%2024–2025
197-73% 12 mo to Feb 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Jun 2026

Platform offering a mobile app for jewelry retailers to search and buy

Materials tech
₹10.03 crFY 2023-24
-6%2023–2024
4LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Sustainable hemp and hemp blend fabrics supplier

Fashion tech
₹7.34 crFY 2024-25
+37%2024–2025
—Not available
8 yr2018
0none in 3 months

Online platform for listing fashion materials, gemstones, and diamonds

Fashion tech
₹5.36 crFY 2024-25
+91%2024–2025
14LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of plant-based crop protection products

Chemicals tech
€515kDec 2022
Not reported
13,619-41% 12 mo to Mar 2024LinkedIn · Oct 2026
57 yr1969
0none in 3 months

Provider of graphite carbon products

Energy storage tech
₹4.43 crFY 2024-25
+51%2024–2025
58+61% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of materials chemistry solutions for industrial air and water treatment

Chemicals tech
₹2.80 crFY 2024-25
+121%2024–2025
30LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Developer of graphene products

Advanced materials
₹1.22 crFY 2024-25
+55%2024–2025
3LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of protective nano coatings for solar energy panel surfaces

Renewable energy tech
₹94.47 lakhFY 2024-25
+146%2024–2025
13LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of a cloud-based listing platform for multiple gemstones

B2b e-commerce
₹64.81 lakhFY 2024-25
-13%2024–2025
12LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of MEMS cantilever-based sensors for chemical analyte detection

Chemicals tech
₹43.04 lakhFY 2024-25
-85%2024–2025
22LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Technology solution for carbon removal

Solid waste management tech
₹24.28 lakhFY 2024-25
Not reported
5LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Manufacturer of scalable, customizable, and high-purity graphene for diverse industrial applications

Advanced materials
₹2.70 lakhFY 2024-25
Not reported
1LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Trading platform provider for multiple materials

Materials tech
₹1.32 lakhFY 2021-22
Not reported
—Not available
11 yr2015
—No postings tracked

Manufacturer of plant-based leather from mango waste

Advanced materials
₹0.05 lakhFY 2024-25
-97%2024–2025
4LinkedIn · Jul 2026
6 yr2020
0none in 3 months
23 of 56 companies shown here · the full list is on Radar
Fliar Radar

Explore all 56 chemicals and materials tech companies in Mumbai on Radar

This page shows the top 23. Radar has the complete, filterable list with contacts and live company signals.

Open chemicals and materials tech in Mumbai on Radar
  • Every company, not just 50All 56 chemicals and materials tech companies in Mumbai, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore chemicals and materials tech companies in Mumbai by what you are looking for

Browse chemicals and materials tech companies in Mumbai, from advanced materials and carbon products to chemical marketplaces. Find a list of chemicals companies and startups by focus area.

8 ways to explore chemicals and materials tech in Mumbai

Advanced materials & carbon products companiesChemicals technology, distribution & crop protection companiesNanotechnology, graphene & coatings companiesB2B marketplaces for materials, metals & gemstonesSustainable textiles & fashion materials companiesCarbon capture, clean energy & pollution control companies

Advanced materials & carbon products companies

Makers of carbon black, activated carbon, specialty films and advanced materials.

  1. Epsilon Carbon

    Manufacturer of reinforcing grades and tread grades of hard carbon black and coal tar derivatives

    Advanced materials
    See in list
  2. Kalimati Carbon

    Manufacturer of activated carbon products for industrial and environmental applications

    Advanced materials
    See in list
  3. PranaGraf

    Manufacturer of specialty graphite products including expandable, high purity, and spherical.

    Advanced materials
    See in list
  4. Hemp Fabric Lab

    Sustainable hemp and hemp blend fabrics supplier

    Fashion tech
    See in list
  5. EAMPL

    Provider of graphite carbon products

    Energy storage tech
    See in list

Chemicals technology, distribution & crop protection companies

Chemical marketplaces, distribution and crop protection products.

  1. Elchemy

    Provider of chemical distribution, custom manufacturing, and regulatory compliance services

    Chemicals tech
    See in list
  2. ChemX

    Provider of a cloud-based online marketplace for chemicals

    Chemicals tech
    Website
  3. UPL

    Provider of plant-based crop protection products

    Chemicals tech
    See in list
  4. Exposome

    Provider of materials chemistry solutions for industrial air and water treatment

    Chemicals tech
    See in list
  5. TriNANO

    Manufacturer of protective nano coatings for solar energy panel surfaces

    Renewable energy tech
    See in list

Nanotechnology, graphene & coatings companies

Makers of graphene, nano coatings and nano-enabled products.

  1. Epsilon Carbon

    Manufacturer of reinforcing grades and tread grades of hard carbon black and coal tar derivatives

    Advanced materials
    See in list
  2. PranaGraf

    Manufacturer of specialty graphite products including expandable, high purity, and spherical.

    Advanced materials
    See in list
  3. HEXORP

    Developer of graphene products

    Advanced materials
    See in list
  4. TriNANO

    Manufacturer of protective nano coatings for solar energy panel surfaces

    Renewable energy tech
    See in list
  5. NanoSniff

    Provider of MEMS cantilever-based sensors for chemical analyte detection

    Chemicals tech
    See in list

B2B marketplaces for materials, metals & gemstones

Online platforms for trading industrial materials, steel, diamonds and gemstones.

  1. JSW One MSME

    Online retailer of TMT, steel HR coil, and cement products

    Manufacturing tech
    See in list
  2. Stainless Bazaar

    Mobile-based application offering contract manufacturer marketplace for steel products

    Manufacturing tech
    See in list
  3. Book My Diamond

    Platform offering a mobile app for jewelry retailers to search and buy

    Materials tech
    See in list
  4. ChemX

    Provider of a cloud-based online marketplace for chemicals

    Chemicals tech
    Website
  5. DiamondXE

    Online platform for listing fashion materials, gemstones, and diamonds

    Fashion tech
    See in list

Sustainable textiles & fashion materials companies

Suppliers of sustainable fabrics, hemp fibres and fashion materials.

  1. Blue Star Diamonds

    Online retailer of diamond products

    Materials tech
    See in list
  2. Intermarket

    Manufacturer of textiles for hospitality, promotional, and healthcare sectors

    Home furnishing products
    See in list
  3. Book My Diamond

    Platform offering a mobile app for jewelry retailers to search and buy

    Materials tech
    See in list
  4. Hemp Fabric Lab

    Sustainable hemp and hemp blend fabrics supplier

    Fashion tech
    See in list
  5. DiamondXE

    Online platform for listing fashion materials, gemstones, and diamonds

    Fashion tech
    See in list

Carbon capture, clean energy & pollution control companies

Companies turning emissions into materials and supporting solar, storage and bioenergy.

  1. Gencrest

    Online platform offering bioenergy solutions

    Crop tech
    See in list
  2. EAMPL

    Provider of graphite carbon products

    Energy storage tech
    See in list
  3. Exposome

    Provider of materials chemistry solutions for industrial air and water treatment

    Chemicals tech
    See in list
  4. TriNANO

    Manufacturer of protective nano coatings for solar energy panel surfaces

    Renewable energy tech
    See in list
  5. CTRL + Z

    Technology solution for carbon removal

    Solid waste management tech
    See in list

Chemicals and materials tech startups in Mumbai

Recently founded chemicals and materials tech startups in Mumbai.

  1. Elchemy

    Provider of chemical distribution, custom manufacturing, and regulatory compliance services

    Chemicals tech
    See in list
  2. DiamondXE

    Online platform for listing fashion materials, gemstones, and diamonds

    Fashion tech
    See in list
  3. TriNANO

    Manufacturer of protective nano coatings for solar energy panel surfaces

    Renewable energy tech
    See in list
  4. CTRL + Z

    Technology solution for carbon removal

    Solid waste management tech
    See in list
  5. Gigaton Research

    Manufacturer of scalable, customizable, and high-purity graphene for diverse industrial applications

    Advanced materials
    See in list
17 companies in Mumbai

Chemicals and materials tech companies hiring in Mumbai

Chemicals and materials tech companies in Mumbai with open roles.

  1. Epsilon Carbon

    Manufacturer of reinforcing grades and tread grades of hard carbon black and coal tar derivatives

    Advanced materials
    See in list
  2. Blue Star Diamonds

    Online retailer of diamond products

    Materials tech
    See in list
  3. Elchemy

    Provider of chemical distribution, custom manufacturing, and regulatory compliance services

    Chemicals tech
    See in list
  4. Gencrest

    Online platform offering bioenergy solutions

    Crop tech
    See in list
  5. Liquid Diamonds

    Provider of technology-driven diamond sourcing solutions for retailers and wholesalers

    B2b e-commerce
    Website
6 companies in Mumbai
Mobile reach

Top 8 chemicals and materials tech apps from Mumbai

The most-installed Android apps published by chemicals and materials tech companies headquartered in Mumbai — 96K installs between them. 8 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 8
2

GA Demands: Diamond Demand App

by GemAtlas

Installs26K
Rating—
Last updatedApr 2026
View on Google Play ↗
GA Demands: Diamond Demand App screenshot 1GA Demands: Diamond Demand App screenshot 2GA Demands: Diamond Demand App screenshot 3GA Demands: Diamond Demand App screenshot 4GA Demands: Diamond Demand App screenshot 5
The business behind the activity

Chemicals and materials tech financials in Mumbai

Revenue, profit and growth from the filed annual accounts of 17 chemicals and materials tech companies in Mumbai, Maharashtra for FY24-25 — 22 of the 56 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 98% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹7,749.84 cr

17 companies filing accounts

combined net profit₹587.28 cr

7.6% aggregate margin

are profitable29%

5 of 17 companies

median revenue~₹7.2 cr

the typical company

median revenue growth+11%

into FY24-25

earned by the top five98%

revenue concentration

Six-year view

Combined revenue of filing companies

₹4,473.46 crFY19-2011 filers
₹3,598.85 crFY20-2112 filers
₹23,678.41 crFY21-2214 filers
₹17,801.15 crFY22-2317 filers
₹13,783.52 crFY23-2418 filers
₹7,749.84 crFY24-2517 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 14 companies over three years

-7%
FY22-23₹8,310.49 cr₹849.14 cr net
FY23-24₹7,479.99 cr₹736.08 cr net
FY24-25₹7,744.21 cr₹590.19 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr617% profitable
₹1–10 cr30% profitable
₹10–100 cr425% profitable
₹100–1,000 cr250% profitable
Over ₹1,000 cr2100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking5
0–20%4
20–50%2
50–100%1
Doubled+3

15 companies with accounts for both years; median growth +11%.

Profitability

Profit is concentrated at the top

5profitable
12loss-making
7.6%aggregate margin
-6.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Kalimati CarbonKALIMATI CARBON PRIVATE LIMITED+36%₹98.68 cr
ElchemyBIZINBIZ TECHNOLOGIES PRIVATE LIMITED+20%₹37.26 cr
IntermarketINTERMARKET INDIA PRIVATE LIMITED+11%₹108.04 cr
Epsilon CarbonEPSILON CARBON PRIVATE LIMITED+4%₹2,692.87 cr
Birla CarbonBIRLA CARBON INDIA PRIVATE LIMITED+2%₹4,526.62 cr
PranaGrafPRANAGRAF MATERIALS & TECHNOLOGIES PRIVATE LIMITED-4%₹46.00 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
IntermarketINTERMARKET INDIA PRIVATE LIMITED9.5%₹108.04 cr
Epsilon CarbonEPSILON CARBON PRIVATE LIMITED9.2%₹2,692.87 cr
Birla CarbonBIRLA CARBON INDIA PRIVATE LIMITED₹4,526.62 cr
Kalimati CarbonKALIMATI CARBON PRIVATE LIMITED7.5%₹98.68 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Advanced materials6₹7,364.20 cr~₹72.3 cr50%8.1%
Leaders

Largest chemicals and materials tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Birla CarbonBIRLA CARBON INDIA PRIVATE LIMITED₹4,526.62 cr₹345.21 cr+2%
Epsilon CarbonEPSILON CARBON PRIVATE LIMITED₹2,692.87 cr₹248.26 cr9.2%+4%
Blue Star DiamondsBLUE STAR DIAMONDS PRIVATE LIMITED₹164.38 cr−₹2.32 cr-1.4%-24%
IntermarketINTERMARKET INDIA PRIVATE LIMITED₹108.04 cr₹10.29 cr9.5%+11%
Kalimati CarbonKALIMATI CARBON PRIVATE LIMITED₹98.68 cr₹7.38 cr7.5%+36%
Stainless BazaarSTAINLESS BAZAAR INDIA LIMITED₹58.34 cr−₹4.47 cr-7.7%>10×
PranaGrafPRANAGRAF MATERIALS & TECHNOLOGIES PRIVATE LIMITED₹46.00 cr−₹1.36 cr-3.0%-4%
ElchemyBIZINBIZ TECHNOLOGIES PRIVATE LIMITED₹37.26 cr−₹2.22 cr-6.0%+20%
Hemp Fabric LabBOMBAY HEMP COMPANY PRIVATE LIMITED₹7.19 cr−₹5.06 cr-70.3%+44%
DiamondXEDIAMONDXE PRIVATE LIMITED₹5.36 cr−₹2.82 cr-52.6%+91%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Chemicals and Materials Tech Industry Landscape of India

The financials above are one chapter. The full chemicals and materials tech landscape of Mumbai maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the chemicals and materials tech landscape of Mumbai
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Chemicals and materials tech funding and M&A across India

177 recorded equity rounds have gone to 529 chemicals and materials tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Mumbai compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months13

US$46.04m

equity rounds, last 24 months41

US$170.46m

raised over five yearsUS$930.52m

122 rounds in India

M&A deals, India7

last 24 months

Capital by year

Equity funding into chemicals and materials tech in India

amount rounds
$31m20184
$53m201912
$3.0m20209
$669m202124
$10m202215
$56m202315
$36m202433
$114m202525
$44m202610

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$669.44m across 24 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$8.85m14 rounds · median US$91k
SeedUS$73.07m84 rounds · median US$375k
Series AUS$95.07m14 rounds · median US$5.39m
Series BUS$75.03m3 rounds · median US$26.48m
Series D+US$678.50m7 rounds · median US$110.00m
Where the money went · five years

Most-funded sub-sectors

Construction techUS$684.56m9 rounds · 2 companies
Manufacturing techUS$91.56m3 rounds · 1 companies
Advanced materialsUS$67.19m43 rounds · 23 companies
Chemicals techUS$24.82m20 rounds · 8 companies
Materials techUS$21.88m10 rounds · 4 companies
CompositesUS$12.83m5 rounds · 1 companies
B2b e-commerceUS$8.77m4 rounds · 3 companies
Corporate activity · last 24 months

M&A in India

6Acquisition
1Merger

Most active acquirers

  1. Jsw one3
  2. Kineco1
  3. Garware technical fibres1
  4. International conveyors limited1
  5. Kashipur Holdings Limited1

Most acquired or merged

  1. Buildnext1
  2. BuildNext Construction Solutions1
  3. BuildNext Construction Solutions Private Limited1
  4. Kineco Train Tech Private Limited1
  5. Offshore & trawl supply as1

Each deal appears in the events strip at the top of the page.

Chemicals and materials tech funding in Mumbai

10 chemicals and materials tech companies in Mumbai have recorded equity funding, US$113.25m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Mumbai

Meet the people behind chemicals and materials tech companies in Mumbai. 40 of 56 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai chemicals and materials tech companies by sub-sector

The most common specialisations among chemicals and materials tech companies in Mumbai. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring chemicals and materials tech in India and nearby markets.

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