Radar Companies Contract Manufacturers · India
Radar · Contract Manufacturers in India

Best Contract Manufacturers Companies in India

The 745 best Contract Manufacturers companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Alok Industries.

745companies tracked
$1Bdisclosed funding
0unicorns
50have raised

India's Contract Manufacturers sector has 745 companies tracked in our directory, ranked by disclosed equity funding and recent momentum, with a collective $1.0B raised across the cohort. No unicorns yet. But the revenue story is where you should actually be looking.

Six hundred ninety filers generated a combined $21.2B in revenue, with a median of roughly $4M per company and 9% YoY growth. That's a sector doing real industrial work at scale. Amber Enterprises India Limited logged $1.2B in revenue at 48% growth, and Pds Limited hit $1.5B at 21% up, both outpacing the median by a wide margin. On net income, Piramal Glass Private Limited earned $419M, a figure that sits 3,252 times above the sector median of $128,677. I find that multiple genuinely arresting. Kiran Gems Private Limited tops the revenue table at $1.8B, though it slipped 11% YoY, a reminder that scale and momentum don't always travel together. So what separates the climbers from the flat liners? Choosing the right contract manufacturing partner matters more than most founders admit, and uneven GMP compliance across facilities remains a real operational risk worth pricing in before you commit.

Ranked: Best Contract Manufacturers companies in India

#CompanyDisclosed fundingRevenueRevenue YoYEmployeesFoundedTech stackMarket signals (1y)Recent signals
1Dixon Technologies
Provider of electronics manufacturing services
$9M$4.6B
FY2025
+119%1,5651993Node.jsWindows ServerTradingView+1774 signals ▼35%
Earnings · Announcements · Regulatory
4 job openings
2PDS
Contract manufacturer of garments
82Fin. health top 18%Funding top 23%Market top 29%Moat top 34%
All 9 signals ▾
Fin. healthtop 18%
Fundingtop 23%
Markettop 29%
Moattop 34%
Growthtop 40%
Techtop 42%
Newstop 47%
Talentbottom 48%
Globalbottom 30%
Fin. health: Revenue ~$1.5B (FY2024) · Net margin 16.0%
Funding: Raised $51.2M across 1 rounds · 1 rounds over 2 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 82/100
$51M$1.5B
FY2025
+21%1621999WordPressApple iCloud MailMicrosoft 365+287 signals ▼22%
Earnings · Announcements · Leadership
3Amber Enterprises India
Original equipment manufacturer for white goods companies
$25M$1.2B
FY2025
+48%2821990WordPressMySQLPHP+1641 signals ▲28%
Capital raise · Earnings · M&A
1 partnership · 1 expansion · 1 award
4Shahi Exports
Contract manufacturer of garments
$19M$1.2B
FY2025
+6%63,5471974WordPressMySQLPHP+22
5Pearl Global Industries
Manufacturer and exporter of garment
$14M$537M
FY2025
+31%3,404
3,404 → 2,190 (-36%) · sector median -10%
1987WordPressMySQLPHP+2418 signals
Earnings
6Alok Industries
Manufacturer of textiles
69Innovation top 9%Talent top 23%Market top 24%Moat top 24%
All 11 signals ▾
Innovationtop 9%
Talenttop 23%
Markettop 24%
Moattop 24%
Producttop 26%
Fundingtop 27%
Newstop 31%
Fin. healthbottom 49%
Techbottom 33%
Growthbottom 32%
Globalbottom 32%
Innovation: 8 new-product events in 24 mo
Talent: 6 named leaders on record · 6 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 69/100
$129M$452M
FY2025
-31%4,019
4,019 → 3,635 (-10%) · sector median -10%
1986BootstrapSwiperjQuery+424 signals
Earnings · New product · Regulatory
7HFL
Manufacturer of convenience foods and personal care products
62Market top 26%Fin. health top 27%Moat top 29%Funding top 34%
All 9 signals ▾
Markettop 26%
Fin. healthtop 27%
Moattop 29%
Fundingtop 34%
Growthtop 36%
Newstop 38%
Talentbottom 49%
Globalbottom 37%
Techbottom 16%
Market: 764 employees (top 8% of Industrial Goods and Manufacturing) · Revenue ~$423M
Fin. health: Revenue ~$423M (FY2019) · Net margin 3.8%
rank vs industry peers · Fliar Intelligence Index 62/100
$23M$423M
FY2025
+30%7641984PHPBootstrapGSAP+68 signals ▼27%
Acquisition · M&A · Announcements
8Nandan Denim
Manufacturer & supplier of denims
$8M$420M
FY2025
+74%1651994WordPressMySQLPHP+3212 signals ▲100%
Earnings · M&A
9VVF
Manufactures consumer goods and processed food products
78Market top 17%Fin. health top 18%Innovation top 20%Talent top 23%
All 11 signals ▾
Markettop 17%
Fin. healthtop 18%
Innovationtop 20%
Talenttop 23%
Moattop 29%
Producttop 30%
Fundingtop 42%
Growthtop 49%
Globalbottom 37%
Newsbottom 27%
Techbottom 15%
Market: 535 employees (top 11% of Industrial Goods and Manufacturing) · Revenue ~$326M
Fin. health: Revenue ~$326M (FY2021) · Net margin 50.7%
rank vs industry peers · Fliar Intelligence Index 78/100
$41M$326M
FY2025
+25%5352010
10Vishal Fabrics
Contract manufacturer of denim
$1M$180M
FY2025
+5%1321985WordPressMySQLPHP+910 signals ▼44%
Earnings · Contracts · Funding
11Eastman Exports
Contract manufacturer of apparel products
$58M$170M
FY2025
+15%4,9562003WordPressMySQLPHP+22
12Parsonsnutritionals
Manufacturer of nutritional products for the food industry
67Fin. health top 21%Funding top 28%Market top 30%Talent top 38%
All 7 signals ▾
Fin. healthtop 21%
Fundingtop 28%
Markettop 30%
Talenttop 38%
Growthtop 45%
Globalbottom 36%
Techbottom 31%
Fin. health: Revenue ~$163M (FY2021) · Net margin 6.9%
Funding: Raised $83.8M across 1 rounds · 1 rounds over 2 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 67/100
$84M$163M
FY2025
1989Node.jsUbuntuTailwind CSS+7
13Aequs
Manufacturer of diversified manufacturing solutions built on precision engineering
72Product top 14%News top 22%Innovation top 23%Funding top 25%
All 11 signals ▾
Producttop 14%
Newstop 22%
Innovationtop 23%
Fundingtop 25%
Talenttop 28%
Markettop 32%
Moattop 35%
Techtop 45%
Fin. healthbottom 49%
Globalbottom 48%
Growthbottom 42%
Product: 11 distinct product lines · Company stage: Public
News: 41 BI events in 12 mo (of 83 tracked, 10 types) · +486% YoY
rank vs industry peers · Fliar Intelligence Index 72/100
$101M$113M
FY2025
-3%1352000WordPressApple iCloud MailMicrosoft 365+2941 signals ▲486%
IPO · Hiring · Earnings
1 award
14Aether
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
$13M$104M
FY2025
+38%9432013WordPressMySQLPHP+2014 signals ▼58%
Earnings · Regulatory · M&A
15Pratibha Syntex
Contract manufacturer of textile fabric materials
$4M$95M
FY2025
+17%5,0621997WordPressMySQLPHP+17
16Primacy Industries
Contract manufacturer of scented candles, air & personal care, and hygiene products
$41M$83M
FY2025
+10%6272005WordPressMySQLPHP+31
17Indkal
Manufacturer of consumer electronics and appliances
80Market top 25%Growth top 31%Fin. health top 31%Moat top 33%
All 10 signals ▾
Markettop 25%
Growthtop 31%
Fin. healthtop 31%
Moattop 33%
Techtop 34%
Fundingtop 36%
Talenttop 38%
Producttop 49%
Globalbottom 36%
Newsbottom 20%
Market: 301 employees (top 15% of Industrial Goods and Manufacturing) · Revenue ~$75.0M
Growth: Headcount 152 → 301 (+98%) across vintages · Web rank 1,000,000 → 5,000,000 YoY
rank vs industry peers · Fliar Intelligence Index 80/100
$36M$75M
FY2024
3012020Cart FunctionalityTypeScriptWindows Server+18
18Shree Ganesh Jewellery House
Contract manufacturer and exporter of gold & diamond jewellery
$18M$68M
FY2015
-96%1082002
19Veeline
Contract manufacturer of purifiers, dispensers, and geyser
$6M$48M
FY2025
+15%861989WordPressMySQLPHP+21
20BTPL
Contract manufacturer of fabrics and garments
32Funding top 31%Moat top 31%Market top 32%Talent bottom 49%
All 9 signals ▾
Fundingtop 31%
Moattop 31%
Markettop 32%
Talentbottom 49%
Newsbottom 47%
Fin. healthbottom 40%
Globalbottom 37%
Growthbottom 23%
Techbottom 21%
Funding: Raised $43.6M across 2 rounds · 2 rounds over 5 yrs (0.4/yr)
Moat: Top 12% by revenue among 664 tracked Contract Manufacturers companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 32/100
$44M$44M
FY2025
-22%1,4992020Apache HTTP ServerOWL CarouseljQuery+31 expansion
21Linkup Textiles
Contract manufacturer of garments
$213K$43M
FY2024
7501995WordPressMySQLPHP+17
22SAAM Textiles
Contract manufacturer and supplier of textile and garment products
$214K$38M
FY2025
+22%692001WordPress Block EditorElementorWordPress+26
23NG Electro
Manufacturer of ODM and OEM solutions for beauty, wellness, and home
60Fin. health top 28%Funding top 35%Growth top 35%Market top 39%
All 7 signals ▾
Fin. healthtop 28%
Fundingtop 35%
Growthtop 35%
Markettop 39%
Talentbottom 49%
Globalbottom 36%
Techbottom 28%
Fin. health: Revenue ~$37.1M (FY2021) · Net margin 6.3%
Funding: Raised $9.2M across 2 rounds · 2 rounds over 15 yrs (0.1/yr)
rank vs industry peers · Fliar Intelligence Index 60/100
$9M$37M
FY2025
+18%2006WordPressMySQLPHP+15
24DAKS
Contract manufacturer of eco friendly textile & garment products
$966K$32M
FY2025
+25%221992WordPressMySQLPHP+37
25Brandworks Technologies
Provider of electronics manufacturing services
80Innovation top 20%Growth top 23%Talent top 28%Fin. health top 31%
All 10 signals ▾
Innovationtop 20%
Growthtop 23%
Talenttop 28%
Fin. healthtop 31%
Fundingtop 33%
Producttop 36%
Markettop 40%
Moattop 41%
Techbottom 43%
Globalbottom 32%
Innovation: 9 product lines
Growth: Headcount 98 → 157 (+60%) across vintages · Revenue +43% YoY
rank vs industry peers · Fliar Intelligence Index 80/100
$11M$31M
FY2025
+43%157
157 → 248 (+58%) · sector median -10%
2017PHPLaraveltoastr+15
26MG Shahani And Co Delhi
Contract manufacturer of FMCG products
$122K$27M
FY2023
301920WordPressMySQLPHP+17
27Gokaldas Images
Manufacturer and exporter of garments
$74M$26M
FY2023
4391979WebflowVimeocore-js+15
28Barcelona Club
Contract manufacturer of mens wear
$610K$22M
FY2023
+62%35
35 → 48 (+37%) · sector median -10%
2015Cart FunctionalityWooCommerceWordPress+30
29Uniclan
Manufacturer of hygiene products
50Moat top 42%Tech top 43%Fin. health top 43%Market top 44%
All 8 signals ▾
Moattop 42%
Techtop 43%
Fin. healthtop 43%
Markettop 44%
Growthtop 47%
Fundingbottom 46%
Globalbottom 32%
Newsbottom 18%
Moat: Top 23% by revenue among 664 tracked Contract Manufacturers companies · Editorial + unicorn rating 1/10
Tech: 34 technologies across 4/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 50/100
$3M$20M
FY2025
129
129 → 134 (+4%) · sector median -10%
2015WordPress Block EditorwpBakeryWordPress+29
30Oakter
Provider of electronic contract manufacturing and designing services
$567K$19M
FY2025
-70%96
96 → 113 (+18%) · sector median -10%
2015WordPress Block EditorElementorWordPress+304 launchs
31BL International
Manufacturer of garments with focus on ethical and sustainable practices
$2M$16M
FY2025
+19%3751992WordPressMySQLPHP+32
32Innovative Textiles
Contract manufacturer of garments
$636K$12M
FY2024
-31%2791991
33Suditi Industries
Manufacturer of fabrics
62Product top 14%Innovation top 20%Funding top 31%Fin. health top 36%
All 9 signals ▾
Producttop 14%
Innovationtop 20%
Fundingtop 31%
Fin. healthtop 36%
Markettop 43%
Growthtop 49%
Globalbottom 34%
Techbottom 33%
Newsbottom 20%
Product: 7 distinct product lines · Company stage: Public
Innovation: 7 product lines
rank vs industry peers · Fliar Intelligence Index 62/100
$7M$12M
FY2025
+34%1751991Master SliderWordPressMySQL+201 expansion
34JHS Svendgaard Laboratories
Manufacturer of oral care and FMCG products offering contract manufacturing
$2M$11M
FY2025
+26%1911997PHPGoogle MapsYouTube+9
35Bidso
Manufacturer of customizable scooters, tricycles, ride-ons, prams, and walkers
69Growth top 12%Talent top 28%Funding top 32%Fin. health top 48%
All 7 signals ▾
Growthtop 12%
Talenttop 28%
Fundingtop 32%
Fin. healthtop 48%
Moattop 49%
Globalbottom 45%
Marketbottom 42%
Growth: Revenue +446% YoY · Fresh capital in last 24 mo
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 69/100
$9M$5M
FY2025
+446%2320221 launch
36Vedic Cosmeceuticals
Contract manufacturer of personal care products
$3M$5M
FY2025
-24%101
101 → 86 (-15%) · sector median -10%
2002PHPLaravelBootstrap+12
37Inventys
Custom based manufacturer of actives, crop protection, advanced intermediates, and specialty chemicals
42Innovation top 20%Product top 36%Talent top 38%Tech top 39%
All 11 signals ▾
Innovationtop 20%
Producttop 36%
Talenttop 38%
Techtop 39%
Moattop 42%
Fundingtop 48%
Marketbottom 42%
Growthbottom 42%
Globalbottom 32%
Newsbottom 27%
Fin. healthbottom 18%
Innovation: 10 product lines
Product: 10 distinct product lines · Company stage: Series A
rank vs industry peers · Fliar Intelligence Index 42/100
$64M$4M
FY2025
-66%1972005WordPressMySQLPHP+30
38Distil
Manufacturer of specialty chemicals
53Growth top 12%Talent top 38%Funding top 39%Fin. health bottom 49%
All 8 signals ▾
Growthtop 12%
Talenttop 38%
Fundingtop 39%
Fin. healthbottom 49%
Globalbottom 39%
Techbottom 36%
Moatbottom 35%
Marketbottom 33%
Growth: Revenue +101795% YoY · Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 53/100
$3M$2M
FY2025
+101795%2023WebflowSwiperjQuery+71 job opening
39Atmosphere
Online retail platform offering multi-category furniture
35Growth top 37%Tech bottom 49%Talent bottom 49%Fin. health bottom 44%
All 9 signals ▾
Growthtop 37%
Techbottom 49%
Talentbottom 49%
Fin. healthbottom 44%
Moatbottom 44%
Fundingbottom 39%
Globalbottom 37%
Marketbottom 35%
Newsbottom 21%
Growth: Headcount 71 → 96 (+35%) across vintages · Revenue +8% YoY
Tech: 37 technologies across 2/8 capability areas · Security: Http/3
rank vs industry peers · Fliar Intelligence Index 35/100
$660K$2M
FY2025
+8%96
96 → 57 (-41%) · sector median -10%
2019WordPress Block EditorElementorWordPress+331 partnership
40Radiant Design
Manufacturer and designer of injection molds and plastic products
35Growth top 27%Fin. health bottom 49%Talent bottom 49%Tech bottom 48%
All 7 signals ▾
Growthtop 27%
Fin. healthbottom 49%
Talentbottom 49%
Techbottom 48%
Fundingbottom 45%
Globalbottom 34%
Marketbottom 25%
Growth: Revenue +53% YoY · Web rank 10,000,000 → 50,000,000 YoY
Fin. health: Revenue ~$1.4M (FY2023) · Net margin 0.9%
rank vs industry peers · Fliar Intelligence Index 35/100
$1M$1M
FY2025
+53%2014WordPressPleskMySQL+24
41Kragbuzz
Contract based manufacturer of sports wear, accessories, and bags
$139K$1M
FY2025
+25%1985Cart FunctionalityShopifycore-js+141 partnership
42CastNX
Power electronics manufacturer specializing in design, development, and manufacturing of power electronic…
45Growth top 25%Talent top 38%Tech top 48%Fin. health bottom 46%
All 8 signals ▾
Growthtop 25%
Talenttop 38%
Techtop 48%
Fin. healthbottom 46%
Fundingbottom 43%
Moatbottom 38%
Globalbottom 36%
Marketbottom 32%
Growth: Revenue +41% YoY · Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 45/100
$3M$519K
FY2025
+41%232020WordPressMySQLPHP+30
43SpaceMax
Furniture manufacturing company carving a niche in the furniture industry
$39K$515K
FY2025
+23%242014Cart FunctionalityYouTubeBootstrap+12
44Isler
Manufacturer of kitchen appliance for various brands
14Talent top 28%Funding top 40%Tech bottom 44%Growth bottom 38%
All 8 signals ▾
Talenttop 28%
Fundingtop 40%
Techbottom 44%
Growthbottom 38%
Globalbottom 37%
Moatbottom 23%
Marketbottom 21%
Fin. healthbottom 15%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $5.2M across 3 rounds · 3 rounds over 2 yrs (1.5/yr)
rank vs industry peers · Fliar Intelligence Index 14/100
$5M$496K
FY2025
-46%2023WordPress Block EditorElementorWordPress+293 job openings · 1 launch
45Nanoclean
Offering multiple category smoking products
$889K$144K
FY2025
22017Cart FunctionalityWooCommerceWordPress+30
46TCNS
Contract manufacturer of apparel for men, women and kids
$2M$48K
FY2025
-62%1972
47DESCATUK
Contract manufacturer of face masks and fabric products
$20K$11K
FY2025
-9%2018
48stch
Developer of fabrics and garments enabling quick sampling and fast production
37Funding top 41%Talent bottom 49%Global bottom 48%Tech bottom 44%
All 4 signals ▾
Fundingtop 41%
Talentbottom 49%
Globalbottom 48%
Techbottom 44%
Funding: Raised $5.5M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 37/100
$6M2025Node.jsTailwind CSSReact+8
49iDO Devices
Developer of end-to-end tech value chain solutions
27Talent top 38%AI top 45%Funding top 49%Global bottom 36%
All 6 signals ▾
Talenttop 38%
AItop 45%
Fundingtop 49%
Globalbottom 36%
Marketbottom 31%
Techbottom 28%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
AI: Product described with: machine learning
rank vs industry peers · Fliar Intelligence Index 27/100
$4M2025WordPressMySQLPHP+13
50Epack Durable
Online platform for OEM/ODM manufacturing of air‑conditioning and home appliances
$62M886
886 → 596 (-33%) · sector median -10%
2003WordPressMySQLPHP+229 signals ▼61%
Earnings · Announcements

Top 12 Contract Manufacturers companies in India

#1
Series A · Bengaluru, Karnataka · founded 2022 · 23 employees
$9Mraised

Manufacturer of customizable scooters, tricycles, ride-ons, prams, and walkers. They offer product design, prototyping, and tooling services to develop new models. Production capabilities include plastic injection molding and metal fabrication. The company provides a software platform for production milestone updates and quality control reporting.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Growth
top 12%
Talent
top 28%
Funding
top 32%
Fin. health
top 48%
Moat
top 49%
Global
bottom 45%
Growth: Revenue +446% YoY · Fresh capital in last 24 mo
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $9.0M across 5 rounds · 5 rounds over 3 yrs (1.7/yr) · Last round Venture Debt (Mar 2026)
Audience (LinkedIn): 6k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Mar 2026Venture Debt$1.3M
  • Mar 2026Series A$5.4M
  • Mar 2025Seed$471.2K
  • Aug 2024Seed$286.8K
Founders & team
Vivek SinghalCo-FounderAditya KrishnakumarCo-FounderRahul AgarwalCo-Founder
Investors
OfBusiness, DeVC, PeerCapital, LPA, GTMfund, Capier Investments
#2
Series A · Noida, Uttar Pradesh · founded 2006
$9.2Mraised

Manufacturer of ODM and OEM solutions for beauty, wellness, and home. The company provides research and development, product innovation, scalable manufacturing, and global fulfillment. It offers solutions for personal care, health, and home, including detergents and air fresheners. The company maintains certifications to ensure compliance.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
Fin. health
top 28%
Funding
top 35%
Growth
top 35%
Market
top 39%
Talent
bottom 49%
Global
bottom 36%
Fin. health: Revenue ~$37.1M (FY2021) · Net margin 6.3% · Revenue +18% YoY
Funding: Raised $9.2M across 2 rounds · 2 rounds over 15 yrs (0.1/yr) · Last round Series A (Mar 2026)
Growth: Revenue +18% YoY · Fresh capital in last 24 mo
Funding rounds
  • Mar 2026Series A$9.1M
  • Dec 2011Angel$63.6K
Founders & team
Piyush MittalFounder
Investors
JM Financial Private Equity
Tech stack
Chart.JsContact Form 7Font AwesomeGodaddyGoogle WorkspaceJquery
#3
Seed · Bengaluru, Karnataka · founded 2025
$5.5Mraised

Developer of fabrics and garments enabling quick sampling and fast production. The company supports retailers with commercially accurate fabrics and garments. It combines market insight, fabric intelligence, and agile manufacturing. The company provides scalable solutions that reduce risk and improve retail cycles.

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Funding
top 41%
Talent
bottom 49%
Global
bottom 48%
Tech
bottom 44%
Funding: Raised $5.5M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (Apr 2026)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Global: Investors from 2 countries beyond India
Funding rounds
  • Apr 2026Seed$5.5M
Founders & team
Narahari PayalaFounder
Investors
Omnivore, Kae Capital, White Venture Capital
Tech stack
GodaddyGoogle WorkspaceHstsNext.JsNext.Js App RouterNode.Js
#4
Series B · Bengaluru, Karnataka · founded 2020 · 301 employees
$36.2Mraised

Manufacturer of consumer electronics and appliances. The company designs, develops, and delivers consumer electronics and appliances. It combines innovation with practical solutions, leveraging expertise and a distribution and service network to make technology accessible.

Fliar Intelligence Index™ 80how this company ranks against its industry peers
Market
top 25%
Growth
top 31%
Fin. health
top 31%
Moat
top 33%
Tech
top 34%
Funding
top 36%
Market: 301 employees (top 15% of Industrial Goods and Manufacturing) · Revenue ~$75.0M · Top 8% by revenue among 664 tracked Contract Manufacturers peers
Growth: Headcount 152 → 301 (+98%) across vintages · Web rank 1,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Fin. health: Revenue ~$75.0M (FY2024) · Net margin 2.3% · Revenue 2.1x total funding
Funding rounds
  • Jun 2025Series B$20M
  • Jun 2024Series A$36M
  • Jan 2023Seed$117.2K
  • Nov 2021Angel$66.9K
Founders & team
Rishikesh JadhavCo-FounderAnand DubeyCo-Founder & CEO
Investors
Aries Opportunities Fund, Logx Venture Partners, PG Electroplast, Indo Global Agencies, Century Private Wealth
Tech stack
AngularAnimate.CssApexcharts.JsBootstrapBootstrap IconsCart Functionality
#5
Public · Mumbai, Maharashtra · founded 1991 · 175 employees
$6.6Mraised

Suditi Industries limited is a manufacturer of fabrics. The company specializes in manufacturing garments. It claims that its products are fire resistant, UV rays protected, possess antimicrobial finish, and more. The company is engaged in knitting, dyeing, printing, and more.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Product
top 14%
Innovation
top 20%
Funding
top 31%
Fin. health
top 36%
Market
top 43%
Growth
top 49%
Product: 7 distinct product lines · Company stage: Public
Innovation: 7 product lines
Funding: Raised $6.6M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Post IPO (Dec 2025)
Audience (LinkedIn): 2k LinkedIn followers · 179 engagements/post (2.8× cohort median)
Activity (LinkedIn): 1 product launches · 1 expansions announced in 12 mo
Funding rounds
  • Dec 2025Post IPO$6.6M
Tech stack
Animate.CssAnime.JsCore-JsFancyboxGoogle Font ApiGoogle Workspace
#6
Series A · Palghar, Maharashtra · founded 2017 · 157 employees
$11.3Mraised

Provider of electronics manufacturing services. It offers a wide range of services including PCB fabrication, component procurement, SMT assembly, system manufacturing, new product development, supply chain, and product life cycle management. It also provide services such as research, prototyping, analyzing resources, testing, and complete box build for end products.

Fliar Intelligence Index™ 80how this company ranks against its industry peers
Innovation
top 20%
Growth
top 23%
Talent
top 28%
Fin. health
top 31%
Funding
top 33%
Product
top 36%
Innovation: 9 product lines
Growth: Headcount 98 → 157 (+60%) across vintages · Revenue +43% YoY · Fresh capital in last 24 mo
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Audience (LinkedIn): 6k LinkedIn followers
Funding rounds
  • Oct 2025Series A$4.3M
  • Aug 2025Series A$7M
Founders & team
Sameer JainCo-FounderNikita KumawatCo-Founder & Managing DirectorIshwar KumharChief Executive Officer
Investors
Cactus Venture Partners, Gujarat Venture Finance, Legacy Assets, Hira Group, Roha Asset Managers
Tech stack
Apache Http ServerCdnjsCloudflareFont AwesomeGodaddyGsap
#7
Seed · Noida, Uttar Pradesh · founded 2025
$4Mraised

Developer of end-to-end tech value chain solutions. The company develops holistic tech solutions. It constructs intelligent networks to enhance connectivity, capacity, and intelligence, driving sustainable digital innovation. The company spearheads advancements in chip design, assembly, and machine learning to redefine R&D excellence. ```

Fliar Intelligence Index™ 27how this company ranks against its industry peers
Talent
top 38%
AI
top 45%
Funding
top 49%
Global
bottom 36%
Market
bottom 31%
Tech
bottom 28%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
AI: Product described with: machine learning
Funding: Raised $4.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Angel (Jan 2026)
Audience (LinkedIn): 2k LinkedIn followers
Funding rounds
  • Jan 2026Angel
  • Jun 2025Seed$4M
Founders & team
Ashita GuptaCo-FounderShalabh SrivastavaCo-Founder & CEO
Investors
Blume Venture, Merak Ventures, Ddcotton
Tech stack
Core-JsElementorHello ElementorHostingerHttp/3Jquery
#8
Series A · Noida, Uttar Pradesh · founded 2023
$5.2Mraised

Manufacturer of kitchen appliance for various brands. A German Engineering Manufacturer of kitchen appliance for various Global and Indian brands such as Hafele, Electrolux, Blaupunkt, Livspace, Hindware, Indkal etc. It offers a complete set of Smart kitchen appliances in a unique design language & color theme to enhance the overall Kitchen aesthetics and Luxurious experience. A complete set includes: kitchen chimneys, built-in hobs/cooktops/tablets, Built-in Ovens, microwaves, dishwashers, Coffee machines, Air friers, Mixer Grinder, Juicer, Toasters, Sandwich maker. It is extending its range to the living room by offering Air purifier and Vacuum cleaners as well.

Fliar Intelligence Index™ 14how this company ranks against its industry peers
Talent
top 28%
Funding
top 40%
Tech
bottom 44%
Growth
bottom 38%
Global
bottom 37%
Moat
bottom 23%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $5.2M across 3 rounds · 3 rounds over 2 yrs (1.5/yr) · Last round Series A (Jul 2025)
Tech: 32 technologies across 2/8 capability areas · Devops: Nginx
Audience (LinkedIn): 16k LinkedIn followers
Hiring (LinkedIn): 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Sourcing & Procurement Manager, Finance Manager
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Jul 2025Series A$2.5M
  • Apr 2025Seed$1.8M
  • Sep 2024Seed$1M
Founders & team
Pravesh KumarCo-Founder & CEOMudit MishraCo-Founder & CSCOChirag KakkarCo-Founder & CBO
Investors
Singularity Capital, Matrix, Fulcrum Glocon, Incrementum Ventures, Z47, DeVC
Tech stack
Animate.CssBootstrapContact Form 7Core-JsElementorGodaddy
#9
Public · Mumbai, Maharashtra · founded 1999 · 162 employees
$51.2Mraised

Contract manufacturer of garments

Fliar Intelligence Index™ 82how this company ranks against its industry peers
Fin. health
top 18%
Funding
top 23%
Market
top 29%
Moat
top 34%
Growth
top 40%
Tech
top 42%
Fin. health: Revenue ~$1.5B (FY2024) · Net margin 16.0% · Revenue +21% YoY
Funding: Raised $51.2M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) · Last round Post IPO (Aug 2024)
Market: 162 employees (top 24% of Industrial Goods and Manufacturing) · Revenue ~$1.5B · ~7% of tracked Contract Manufacturers revenue (664 cos, FY2025)
Audience (LinkedIn): 69k LinkedIn followers — 7.9% of this cohort's audience
Funding rounds
  • Aug 2024Post IPO$51.2M
Founders & team
Deepak SethFounder & ChairmanSanjay JainGroup CEO
Tech stack
Anime.JsApache Http ServerApple Icloud MailBootstrapBootstrap IconsCdnjs
#10
Series A · Mumbai, Maharashtra · founded 2023
$3.1Mraised

Manufacturer of specialty chemicals. It provides a broad spectrum of specialty chemical solutions encompassing research, formulation, manufacturing, customization, and distribution. Its platform is designed to help customers, mainly manufacturers across verticals, like aroma and food, beauty and personal care, pharmaceuticals, coatings, masterbatches, and compounds.

Fliar Intelligence Index™ 53how this company ranks against its industry peers
Growth
top 12%
Talent
top 38%
Funding
top 39%
Fin. health
bottom 49%
Global
bottom 39%
Tech
bottom 36%
Growth: Revenue +101795% YoY · Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $3.1M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Series A (Sep 2025)
Audience (LinkedIn): 3k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Inside Sales Specialist
Funding rounds
  • Sep 2025Series A$7.7M
  • Mar 2024Seed$3.1M
Founders & team
Atanuu AgarrwalCo-Founder & CEOViraj ShahCo-Founder
Investors
Jungle Ventures, India Quotient, RB Investments, Singularity AMC, Panthera Peak Capital, Icebreaker Tech
#11
Series C · India · founded 1989
$83.8Mraised

Manufacturer of nutritional products for the food industry. This company develops and produces a variety of nutritional ingredients and solutions tailored to meet the specific needs of food manufacturers. Their offerings support the creation of healthier and more appealing food products. The focus is on providing high-quality ingredients that enhance the nutritional profile and sensory attributes of food items. They work closely with clients to develop customized solutions, ensuring that their products meet the required specifications and regulatory standards.

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Fin. health
top 21%
Funding
top 28%
Market
top 30%
Talent
top 38%
Growth
top 45%
Global
bottom 36%
Fin. health: Revenue ~$163M (FY2021) · Net margin 6.9% · Revenue 1.9x total funding
Funding: Raised $83.8M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) · Last round Series C (Apr 2024)
Market: Revenue ~$163M · Top 4% by revenue among 664 tracked Contract Manufacturers peers · Top-50,000,000 web property
Funding rounds
  • Apr 2024Series C$83.8M
Founders & team
Sukhbir MannFounder & ChairmanSwapandeep MannCEO
Investors
Lighthouse, IFC, HDFC Mutual Fund, Evolvence Equity Partners, Sharrp Ventures, Evolvence India
Tech stack
Apache Http ServerGoogle WorkspaceNext.JsNext.Js App RouterNode.JsPriority Hints
#12
Public · Belgaum, Karnataka · founded 2000 · 135 employees
$101.3Mraised

Manufacturer of diversified manufacturing solutions built on precision engineering. The company delivers robust engineering capabilities, creating innovative products and solutions for OEM customers. Driven by precision, it provides zero error manufacturing solutions for the aerospace and consumer industries. The company offers fully vertically integrated manufacturing capabilities in the aerospace component sector and custom manufacturing of consumer products based on specific client requirements.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Product
top 14%
News
top 22%
Innovation
top 23%
Funding
top 25%
Talent
top 28%
Market
top 32%
Product: 11 distinct product lines · Company stage: Public
News: 41 BI events in 12 mo (of 83 tracked, 10 types) · +486% YoY · 21 high-value events (IPO/M&A/funding/contracts) in 12 mo
Innovation: 11 product lines · Deep-tech classification: Tech Hardware
Audience (LinkedIn): 77k LinkedIn followers — 8.8% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Sep 2023PE$54M
  • Mar 2023PE$33.5M
  • Dec 2017Series B$1.2M
  • Aug 2016Grant (prize money)$55.8K
Founders & team
Aravind MelligeriFounder & Co-CEOJean-Michel CondaminCo-CEORajeev KaulManaging Director & CEO
Investors
Amansa Capital, Steadview, Catamaran, Sparta Group, Amicus Capital Partners, Vasundhara Dempo Family Private Trust
Tech stack
Apache Http ServerApple Icloud MailCookieyesCore-JsElementorGoogle Analytics

Funding & investor landscape

$1Btotal disclosed funding
50companies funded
87disclosed rounds
2rounds last 90 days
Most active investors
IBAC8 rounds
Sixth Sense Ventures3 rounds
ADV Investments2 rounds
BIRAC2 rounds
Blume Venture2 rounds
Brand Capital2 rounds
Catamaran2 rounds
Coaltech Engineers2 rounds
DeVC2 rounds
Europa2 rounds

Notable founders

Vivek Singhal
Co-Founder · Bidso
Aditya Krishnakumar
Co-Founder · Bidso
Piyush Mittal
Founder · NG Electro
Narahari Payala
Founder · stch
Rishikesh Jadhav
Co-Founder · Indkal
Anand Dubey
Co-Founder & CEO · Indkal
Sameer Jain
Co-Founder · Brandworks Technologies
Nikita Kumawat
Co-Founder & Managing Director · Brandworks Technologies
Ashita Gupta
Co-Founder · iDO Devices
Shalabh Srivastava
Co-Founder & CEO · iDO Devices
Pravesh Kumar
Co-Founder & CEO · Isler
Mudit Mishra
Co-Founder & CSCO · Isler
Prism market signals · India · country-scoped Prism corpus, 6,010,287 docs

Market landscape — 10 sub-themes by coverage

Share of Contract Manufacturers coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Contract Manufacturers companies are there in India?
Radar tracks 745 indexable Contract Manufacturers companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Contract Manufacturers companies in India?
The Contract Manufacturers companies in India on this list have raised a combined $1B in disclosed equity funding across 50 funded companies.
Which is the highest-funded Contract Manufacturers company in India?
Alok Industries is the highest-funded Contract Manufacturers company in India, with $129.1M in disclosed equity funding.
How many Contract Manufacturers companies in India are funded?
50 of the 745 Contract Manufacturers companies in India on this list have disclosed at least one equity funding round.
How many Contract Manufacturers unicorns are there in India?
None of the Contract Manufacturers companies in India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in India Contract Manufacturers companies?
The most active investors in India Contract Manufacturers companies on this list include IBAC, Sixth Sense Ventures, ADV Investments, BIRAC, Blume Venture.
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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