Radar · Diversified Chemicals in Maharashtra
Best Diversified Chemicals Companies in Maharashtra, India
The 294 best Diversified Chemicals companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Inventys.
By Riya SenguptaFinancials
294companies tracked
$204.6Mdisclosed funding
0unicorns
14have raised
Ranked: Best Diversified Chemicals companies in Maharashtra
| # | Company | Revenue | Disclosed funding | Employees | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Aditya Birla Chemicals Aditya Birla Chemicals offers diversified chemicals | $17.7B FY2025 | — | 11 | Animate.cssBootstrapGSAP+7 | Top 5M | — | 1 expansion |
| 2 | Thermax Provider of energy and environmental solutions for industrial and commercial sectors. | $1.3B FY2025 | — | 2,573 | DrupalPHPSalesforce+21 | Top 500k | 128 patents Hybrid automotive HVAC systems using metal‑hydride heat pumps and exhaust‑gas control | — |
| 3 | DFPCL Leading Indian manufacturer of fertilizers, industrial chemicals, and value-added real estate 78Product top 14%Moat top 19%Innovation top 20%Fin. health top 25% All 10 signals ▾Producttop 14% Moattop 19% Innovationtop 20% Fin. healthtop 25% Markettop 27% Techtop 45% Growthbottom 49% Partnersbottom 48% Newsbottom 42% Globalbottom 37% Product: 6 distinct product lines · Company stage: Public Moat: Top 1% by revenue among 265 tracked Crop Inputs companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 78/100 | $1.2B FY2025 | — | 958 | WordPressApple iCloud MailMySQL+16 | Top 1M | — | — |
| 4 | Aarti Industries Manufacturer of specialty chemicals, pharmaceutical products, and surfactants 74Partners top 19%Product top 19%Market top 25%Moat top 25% All 13 signals ▾Partnerstop 19% Producttop 19% Markettop 25% Moattop 25% Innovationtop 26% Techtop 28% Patentstop 30% Newstop 32% Fin. healthtop 35% Fundingtop 41% Talenttop 41% Growthbottom 41% Globalbottom 37% Partners: 2 partnership announcements in 12 mo (2 in 24 mo) · 7 contract events in 12 mo Product: 3 distinct product lines · Company stage: Public rank vs industry peers · Fliar Intelligence Index 74/100 | $771M FY2024 | $11M | 6,655 6,655 → 5,118 (-23%) · sector median -8% | TurbopackEmotionNode.js+15 | Top 1M | 40 patents Synthesis of fluorinated aromatic and nitrile intermediates for pharmaceuticals | 2 awards |
| 5 | Indofil Manufacturer of agrochemicals and specialty products 53Moat top 28%Fin. health top 32%Market top 35%Talent top 38% All 12 signals ▾Moattop 28% Fin. healthtop 32% Markettop 35% Talenttop 38% Growthtop 47% Patentstop 49% Fundingtop 50% Productbottom 45% Globalbottom 40% Techbottom 39% Innovationbottom 36% Newsbottom 32% Moat: Top 5% by revenue among 44 tracked Agrochemicals companies · Editorial + unicorn rating 1/10 Fin. health: Revenue ~$404M (FY2022) · Net margin 10.7% rank vs industry peers · Fliar Intelligence Index 53/100 | $404M FY2025 | $12M | 991 991 → 1,677 (+69%) · sector median -8% | Microsoft ASP.NETBootstrapAzure+7 | Top 500k | 30 patents Synergistic agrochemical formulations for crop disease and pest protection | — |
| 6 | Laxmi Manufacturer of diversified chemicals 64Product top 14%Innovation top 20%Market top 34%Funding top 34% All 12 signals ▾Producttop 14% Innovationtop 20% Markettop 34% Fundingtop 34% Moattop 34% Partnerstop 38% Fin. healthtop 43% Newstop 49% Talentbottom 49% Growthbottom 45% Globalbottom 37% Techbottom 27% Product: 6 distinct product lines · Company stage: Public Innovation: 6 product lines rank vs industry peers · Fliar Intelligence Index 64/100 | $356M FY2025 | $10M | 954 954 → 1,406 (+47%) · sector median -8% | Microsoft ASP.NETBootstrapAzure+3 | Top 5M | — | — |
| 7 | Fine Organics Producer of specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, and lubes 50Fin. health top 29%Moat top 30%Market top 35%Tech top 37% All 11 signals ▾Fin. healthtop 29% Moattop 30% Markettop 35% Techtop 37% Talenttop 38% Fundingtop 47% Growthbottom 40% Globalbottom 37% Newsbottom 36% Patentsbottom 31% Innovationbottom 28% Fin. health: Revenue ~$280M (FY2024) · Net margin 18.1% Moat: Top 1% by revenue among 930 tracked Diversified Chemicals companies · Editorial + unicorn rating 1/10 rank vs industry peers · Fliar Intelligence Index 50/100 | $280M FY2025 | $26M | 784 | WordPressMySQLPHP+18 | Top 5M | 7 patents Bio-derived plasticizers and ester additives for polypropylene polymer processing | — |
| 8 | Rossari Biotech Manufacturer of textile and specialty chemicals for diverse industries and animal health nutrition products 62Innovation top 20%Product top 29%Moat top 35%Fin. health top 37% All 11 signals ▾Innovationtop 20% Producttop 29% Moattop 35% Fin. healthtop 37% Markettop 38% Fundingtop 43% Talenttop 45% Techtop 48% Growthbottom 40% Newsbottom 40% Globalbottom 32% Innovation: 5 product lines Product: 0 product launch events in 12 mo · 5 distinct product lines rank vs industry peers · Fliar Intelligence Index 62/100 | $247M FY2025 | — | 563 563 → 322 (-43%) · sector median -8% | WordPressMySQLPHP+23 | Top 5M | — | — |
| 9 | DCW Provider of PVC resin, caustic soda, and liquid chlorine 42Product top 14%Moat top 29%Innovation top 36%Fin. health top 42% All 9 signals ▾Producttop 14% Moattop 29% Innovationtop 36% Fin. healthtop 42% Techbottom 48% Marketbottom 46% Globalbottom 37% Growthbottom 36% Newsbottom 21% Product: 7 distinct product lines · Company stage: Public Moat: Top 2% by revenue among 930 tracked Diversified Chemicals companies · Editorial + unicorn rating 1/10 rank vs industry peers · Fliar Intelligence Index 42/100 | $239M FY2025 | — | 4 | WordPressMySQLPHP+14 | Top 5M | — | — |
| 10 | Camlin Fine Sciences Manufacturer of chemicals catering to food industry 48Moat top 20%Product top 35%Talent top 38%Market top 39% All 11 signals ▾Moattop 20% Producttop 35% Talenttop 38% Markettop 39% Techtop 41% Growthtop 46% Newstop 47% Fin. healthbottom 49% Patentsbottom 47% Globalbottom 42% Innovationbottom 31% Moat: Top 3% by revenue among 930 tracked Diversified Chemicals companies · Editorial + unicorn rating 4/10 Product: 0 product launch events in 12 mo · Company stage: Public rank vs industry peers · Fliar Intelligence Index 48/100 | $199M FY2025 | — | 654 654 → 657 (+0%) · sector median -8% | WordPressMySQLPHP+31 | Top 5M | 24 patents Specialty chemical synthesis of monoalkyl ether diphenols and chitin-derived preservatives | — |
| 11 | Akshar Enterprises Manufacturer & exporter of laboratory, industrial, cosmetic, and other chemicals | $196M FY2025 | — | — | — | — | — | — |
| 12 | Aquapharm Manufacturer and supplier of chemicals | $190M FY2024 | — | 319 319 → 289 (-9%) · sector median -8% | WordPressMySQLPHP+24 | Top 5M | — | — |
| 13 | Alkyl Amines Chemicals Manufacturer of aliphatic amines, amine derivatives, and specialty chemicals for industry | $189M FY2025 | — | 706 | WordPressPleskMySQL+19 | Top 5M | 7 patents Manufacturing processes for 2-(2-aminoethoxy)ethanol and morpholine amino alcohol/heterocycle synthesis. | — |
| 14 | Calibre Chemicals Manufacturer of iodine, selenium, cobalt and peroxygens 67Talent top 28%Innovation top 30%Moat top 30%Product top 32% All 11 signals ▾Talenttop 28% Innovationtop 30% Moattop 30% Producttop 32% Techtop 38% Fin. healthtop 38% Markettop 44% Growthtop 47% Fundingbottom 46% Globalbottom 46% Newsbottom 40% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Innovation: 3 product lines rank vs industry peers · Fliar Intelligence Index 67/100 | $165M FY2025 | $6M | 188 188 → 130 (-31%) · sector median -8% | WordPress Block EditorElementorWordPress+32 | Top 5M | — | — |
| 15 | SBL Energy Manufacturer of industrial and mining explosives, detonators, and explosive accessories 62Growth top 27%Fin. health top 28%Moat top 31%Funding top 40% All 9 signals ▾Growthtop 27% Fin. healthtop 28% Moattop 31% Fundingtop 40% Techtop 42% Marketbottom 47% Talentbottom 45% Globalbottom 37% Newsbottom 21% Growth: Headcount 112 → 164 (+46%) across vintages · Revenue +98% YoY Fin. health: Revenue ~$130M (FY2018) · Net margin 7.8% rank vs industry peers · Fliar Intelligence Index 62/100 | $130M FY2025 | $41M | 164 164 → 91 (-45%) · sector median -8% | Cart FunctionalityWixSentry+15 | Top 10M | — | — |
| 16 | Agrocel Manufacturer of specialty chemicals | $117M FY2025 | — | 647 | PHPGoogle MapsAnimate.css+11 | Top 50M | 4 patents Industrial production of hydrobromic acid via inorganic acid synthesis processes. | — |
| 17 | Viswaat Chemicals Manufacturer of specialty chemicals, sanitizers, and surfactants 57Product top 18%Innovation top 20%Moat top 31%Growth top 38% All 9 signals ▾Producttop 18% Innovationtop 20% Moattop 31% Growthtop 38% Fin. healthtop 42% Marketbottom 49% Globalbottom 37% Techbottom 31% Fundingbottom 24% Product: 6 distinct product lines Innovation: 6 product lines rank vs industry peers · Fliar Intelligence Index 57/100 | $116M FY2025 | $927K | 190 190 → 196 (+3%) · sector median -8% | PHPBootstrapApache HTTP Server+9 | Top 5M | — | — |
| 18 | Akin Chemicals Limited The company supplies chemicals to various industries | $89M FY2025 | — | — | LiteSpeedreCAPTCHAGoogle Workspace+2 | Top 50M | — | — |
| 19 | Fineotex Chemical Manufacturer of chemicals for textiles, construction, water-treatment, fertilizer, leather, and paint industry 60Product top 14%Innovation top 20%Moat top 33%Talent top 38% All 10 signals ▾Producttop 14% Innovationtop 20% Moattop 33% Talenttop 38% Fin. healthtop 44% Newstop 45% Markettop 49% Growthtop 49% Techbottom 46% Globalbottom 30% Product: 7 distinct product lines · Company stage: Public Innovation: 7 product lines rank vs industry peers · Fliar Intelligence Index 60/100 | $66M FY2025 | — | 97 97 → 138 (+42%) · sector median -8% | WordPressPleskMySQL+18 | Top 5M | — | 1 expansion |
| 20 | Witmans Manufacturer specializing in production of performance lubricants, plasticizers, and specialty coatings for… 19Tech bottom 49%Talent bottom 45%Growth bottom 44%Fin. health bottom 38% All 7 signals ▾Techbottom 49% Talentbottom 45% Growthbottom 44% Fin. healthbottom 38% Marketbottom 35% Globalbottom 25% Fundingbottom 16% Tech: 27 technologies across 2/8 capability areas · Security: Recaptcha, Sectigo Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 19/100 | $64M FY2025 | $192K | 176 | WordPressMySQLPHP+19 | Top 10M | — | — |
| 21 | APPL Manufacturer of polyether polyol, polyurethane isocynates, and potassium carbonate | $57M FY2022 | — | — | WordPressMySQLPHP+18 | Top 50M | — | — |
| 22 | The Anthea Group Manufacturer of specialty chemical products 76Fin. health top 26%Product top 28%Innovation top 30%Talent top 33% All 10 signals ▾Fin. healthtop 26% Producttop 28% Innovationtop 30% Talenttop 33% Growthtop 34% Fundingtop 36% Moattop 38% Techtop 50% Marketbottom 49% Globalbottom 37% Fin. health: Revenue ~$50.0M (FY2018) · Net margin 22.7% Product: 3 distinct product lines rank vs industry peers · Fliar Intelligence Index 76/100 | $50M FY2025 | $29M | 88 88 → 65 (-26%) · sector median -8% | WordPressMySQLPHP+21 | Top 5M | — | — |
| 23 | AimChem Ingredients Importer, distributor, and exporter of food ingredients and chemical products | $41M FY2025 | — | 43 43 → 38 (-12%) · sector median -8% | WordPressMySQLPHP+27 | Top 50M | — | — |
| 24 | Elkay Chemicals Manufactures silicone products and emulsions. 50Innovation top 20%Moat top 37%Tech top 40%Product top 43% All 10 signals ▾Innovationtop 20% Moattop 37% Techtop 40% Producttop 43% Talenttop 45% Growthbottom 48% Fin. healthbottom 48% Marketbottom 39% Globalbottom 25% Fundingbottom 21% Innovation: 10 product lines Moat: Top 16% by revenue among 930 tracked Diversified Chemicals companies · Editorial + unicorn rating 1/10 rank vs industry peers · Fliar Intelligence Index 50/100 | $28M FY2025 | $165K | 136 136 → 127 (-7%) · sector median -8% | WordPress Block EditorElementorWordPress+31 | Top 10M | — | 2 launchs · 1 partnership · 1 expansion |
| 25 | Ambani Organics Manufacturer and supplier of dyes and chemicals | $23M FY2025 | — | 148 | — | — | — | — |
| 26 | AbhiTech Provider of oil refinery, fuel exploring, and other services 29Growth top 38%Fin. health top 42%Tech top 48%Talent bottom 45% All 7 signals ▾Growthtop 38% Fin. healthtop 42% Techtop 48% Talentbottom 45% Globalbottom 29% Fundingbottom 22% Marketbottom 21% Growth: Headcount 29 → 30 (+3%) across vintages · Revenue +42% YoY Fin. health: Revenue ~$20.9M (FY2020) · Net margin 11.5% rank vs industry peers · Fliar Intelligence Index 29/100 | $21M FY2024 | $527K | 30 | PHPYouTubeCodeIgniter+19 | Top 10M | — | 2 launchs · 1 award |
| 27 | Alta Laboratories Manufacturer of APIs and intermediates | $19M FY2025 | — | 184 | WordPress Block EditorElementorWordPress+22 | Top 10M | — | — |
| 28 | Alta Leasing & Finance Provider of boiler installation, maintenance, and renewable energy solutions | $19M FY2025 | — | — | — | — | — | — |
| 29 | Vipul Organics Manufacturer of reactive dyes, fast colour bases, salts and dyes intermideates 48Product top 14%Innovation top 20%News top 37%Moat top 40% All 10 signals ▾Producttop 14% Innovationtop 20% Newstop 37% Moattop 40% Growthtop 44% Talentbottom 49% Fin. healthbottom 43% Marketbottom 41% Techbottom 38% Globalbottom 30% Product: 7 distinct product lines · Company stage: Public Innovation: 7 product lines rank vs industry peers · Fliar Intelligence Index 48/100 | $19M FY2025 | — | 85 85 → 145 (+71%) · sector median -8% | BootstrapApache HTTP ServerCloudflare+11 | Top 5M | — | 2 job openings |
| 30 | Apurva Chemicals Manufacturer and supplier of industrial chemicals and solvents | $16M FY2022 | — | 39 | — | — | — | — |
| 31 | Acharya Group Manufacturer of specialty chemicals | $16M FY2025 | — | 375 | WordPressMySQLPHP+10 | Top 10M | — | — |
| 32 | Advent Chembio Manufacturer and supplier of organic and inorganic products for research and development applications | $11M FY2025 | — | — | PHPLaravelHandlebars+15 | Top 5M | — | 3 launchs |
| 33 | AMSAL CHEM Manufacturer of pharmaceutical ingredients | $10M FY2025 | — | 25 | DreamWeaverApache HTTP ServerGoogle Analytics+1 | Top 50M | — | — |
| 34 | Altech Alloys India Manufacturer and exporter of Foundry Chemicals including Non-Ferrous casting and insulating and exothermic… | $8M FY2025 | — | 91 | PHPLiteSpeedjQuery+5 | Top 50M | — | — |
| 35 | Anuvi Manufacturer of speciality chemicals | $6M FY2025 | — | — | WordPressMySQLPHP+16 | Top 10M | — | — |
| 36 | Inventys 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 | $4M FY2025 | $64M | 197 | WordPressMySQLPHP+30 | Top 5M | — | — |
| 37 | Ana Industries Manufacturer and exporter of a range of specialty chemicals, including oxidizing agents, peroxides, and other… | $4M FY2025 | — | 20 | — | — | — | — |
| 38 | Distil 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 | $2M FY2025 | $3M | — | WebflowSwiperjQuery+7 | Top 10M | — | 1 job opening |
| 39 | Chemicone Manufacturer of textile auxiliaries and specialty chemicals 6Talent bottom 45%Fin. health bottom 30%Moat bottom 30%Global bottom 29% All 6 signals ▾Talentbottom 45% Fin. healthbottom 30% Moatbottom 30% Globalbottom 29% Fundingbottom 21% Marketbottom 19% Talent: 1 named leader on record Fin. health: Revenue ~$2.2M (FY2021) · Net margin 3.6% rank vs industry peers · Fliar Intelligence Index 6/100 | $2M FY2021 | $117K | — | — | — | — | — |
| 40 | Allmpus Manufacturer and supplier of pharmaceutical impurities and chemicals | $1M FY2025 | — | — | BootstrapLiteSpeedCloudflare+12 | Top 10M | — | — |
| 41 | Amar Chemistry Chemical manufacturer that offers a range of products, including sodium metabisulfite powder, sodium… | $777K FY2022 | — | — | — | — | — | — |
Top 12 Diversified Chemicals companies in Maharashtra
#1
Series A · Mumbai, Maharashtra · founded 2023$3.1Mraised▾
Series A · Mumbai, Maharashtra · founded 2023
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
Investors
Jungle Ventures, India Quotient, RB Investments, Singularity AMC, Panthera Peak Capital, Icebreaker Tech
#2
Series B · Nagpur, Maharashtra · founded 2002 · 164 employees$41.2Mraised▾
Series B · Nagpur, Maharashtra · founded 2002 · 164 employees
Manufacturer of industrial and mining explosives, detonators, and explosive accessories. The company provides a range of explosives including slurry, emulsion, and bulk emulsion explosives. It also offers detonating fuse, ordinary detonators, electric detonators, non-electric detonators, and cast boosters. The company serves public sector units, government organizations, and mining contractors. It provides technical services and consultations to clients.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Growth
top 27%Fin. health
top 28%Moat
top 31%Funding
top 40%Tech
top 42%Market
bottom 47%Growth: Headcount 112 → 164 (+46%) across vintages · Revenue +98% YoY
Fin. health: Revenue ~$130M (FY2018) · Net margin 7.8% · Revenue +98% YoY
Moat: Top 5% by revenue among 37 tracked Mining Equipment companies · Editorial + unicorn rating 1/10
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
- Feb 2024Series B$39.2M
- Dec 2017Series A$1.3M
- Mar 2014Seed$668.7K
Founders & team
Investors
Synergy Capital, India SME Investments, Mahanadi Metals and Chemicals, Special Blasts, Neweraltd, Nirvaan Dealcom
Tech stack
BootstrapGoogle AnalyticsGoogle CloudGoogle Cloud CdnGoogle Tag ManagerGsap
#3
Series A · Mumbai, Maharashtra · founded 2005 · 197 employees$64.3Mraised▾
Series A · Mumbai, Maharashtra · founded 2005 · 197 employees
Custom based manufacturer of actives, crop protection, advanced intermediates, and specialty chemicals. The company provides custom synthesis, contract development, and manufacturing services, delivering high-quality solutions tailored to client needs. It provides primarily advanced intermediates and registered starting materials for pharma, fine chemicals, and the electronics industry.
Fliar Intelligence Index™ 42how this company ranks against its industry peers
Innovation
top 20%Product
top 36%Talent
top 38%Tech
top 39%Moat
top 42%Funding
top 48%Innovation: 10 product lines
Product: 10 distinct product lines · Company stage: Series A
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding rounds
- Apr 2022Series A$29.5M
- Dec 2008Seed$247.7K
- Dec 2007Seed$482.7K
Founders & team
Investors
Pantomath Group, Plutus Wealth Management, Multi Organics, Birewar Family Trust
Tech stack
WordpressMysqlPhpBootstrapRedux FrameworkPopup Maker
#4
Public · Mumbai, Maharashtra · founded 1992 · 954 employees$9.9Mraised▾
Public · Mumbai, Maharashtra · founded 1992 · 954 employees
Manufacturer of diversified chemicals
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Product
top 14%Innovation
top 20%Market
top 34%Funding
top 34%Moat
top 34%Partners
top 38%Product: 6 distinct product lines · Company stage: Public
Innovation: 6 product lines
Market: 954 employees (top 23% of Chemicals and Materials) · Revenue ~$356M · ~1% of tracked Diversified Chemicals revenue (930 cos, FY2025)
Audience (LinkedIn): 37k LinkedIn followers — 2.4% of this cohort's audience
Hiring (LinkedIn): 4 hiring posts in 12 mo (public) · hiring: Manager – Planning, Scheduling & Costing, Women in Chemical Manufacturing
Activity (LinkedIn): 1 partnerships (incl. Hempachi Energy) announced in 12 mo
Funding rounds
- Oct 2023Post IPO$31.1M
- Mar 2012Unattributed$9.1M
- Oct 2009Angel$798.2K
Founders & team
Investors
IFC, ICICI Prudential Asset Management Company, Societe Generale, 360 One, Ashoka India Equity Investment, Authum
Tech stack
AzureBootstrapGoogle AnalyticsJqueryMicrosoft Asp.NetSlider Revolution
#5
Early Stage · Navi Mumbai, Maharashtra · founded 1992 · 88 employees$28.8Mraised▾
Early Stage · Navi Mumbai, Maharashtra · founded 1992 · 88 employees
Manufacturer of specialty chemical products
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Fin. health
top 26%Product
top 28%Innovation
top 30%Talent
top 33%Growth
top 34%Funding
top 36%Fin. health: Revenue ~$50.0M (FY2018) · Net margin 22.7% · Revenue +970% YoY
Product: 3 distinct product lines
Innovation: 3 product lines
Audience (LinkedIn): 3k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- May 2019Unattributed$5.7M
- Jun 2016PE$16.1M
- May 2007Unattributed$6.9M
Founders & team
Investors
India Advantage, DRT, ICICI Venture
Tech stack
Apache Http ServerCloudflareCloudflare Bot ManagementCore-JsDiviGoogle Analytics
#6
Public · Mumbai, Maharashtra · founded 1984 · 6655 employees$10.6Mraised▾
Public · Mumbai, Maharashtra · founded 1984 · 6655 employees
Manufacturer of specialty chemicals, pharmaceutical products, and surfactants. Its pharma division focuses on API intermediates and their custom synthesis, contract research services, and manufacturing facilities for steroids & oncology drugs. The surfactants division primarily caters to personal care industrial, agro, and home care industries. Their chemicals are further used for the manufacture of APIs, agrochemicals, polymers, additives, surfactants, pigments, and dyes.
Fliar Intelligence Index™ 74how this company ranks against its industry peers
Partners
top 19%Product
top 19%Market
top 25%Moat
top 25%Innovation
top 26%Tech
top 28%Partners: 2 partnership announcements in 12 mo (2 in 24 mo) · 7 contract events in 12 mo · Named contractor/client in 7 deals
Product: 3 distinct product lines · Company stage: Public
Market: 6,655 employees (top 7% of Chemicals and Materials) · Revenue ~$771M · ~3% of tracked Diversified Chemicals revenue (930 cos, FY2025)
Audience (LinkedIn): 244k LinkedIn followers — 15.5% of this cohort's audience
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Jul 2021Post IPO—
- May 2021Post IPO—
- 2019Post IPO$10.6M
Founders & team
Investors
India Capital Growth
Tech stack
Amazon Web ServicesAngularAnimate.CssBootstrapCdnjsChart.Js
#7
Acquired · Mumbai, Maharashtra · founded 1984 · 188 employees$6.1Mraised▾
Acquired · Mumbai, Maharashtra · founded 1984 · 188 employees
Manufacturer of iodine, selenium, cobalt and peroxygens. Its supplies its products to a diverse range of industries, including aerospace, food & nutrition, electronics, oil & gas, and pharmaceutical sectors. It utilizes advanced proprietary electrochemical technology for production, ensuring high purity and efficiency.
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Talent
top 28%Innovation
top 30%Moat
top 30%Product
top 32%Tech
top 38%Fin. health
top 38%Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Innovation: 3 product lines
Moat: Top 4% by revenue among 930 tracked Diversified Chemicals companies · Editorial + unicorn rating 1/10
Audience (LinkedIn): 7k LinkedIn followers
Funding rounds
- Jan 2022Unattributed$6.1M
Founders & team
Investors
Everchem Asia, Imperial Cold Storage, Igloo Dairy Services
Tech stack
AkismetCore-JsElementorElementor Header & Footer BuilderGodaddyGoogle Analytics
#8
Public · Mumbai, Maharashtra · founded 1970 · 784 employees$26.4Mraised▾
Public · Mumbai, Maharashtra · founded 1970 · 784 employees
Producer of specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, and lubes. It also manufacturer, supplier, and exporter of menthol crystals and natural mint derivatives. It provides environmentally and user-friendly specialty chemical cleaners to government agencies and industry.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Fin. health
top 29%Moat
top 30%Market
top 35%Tech
top 37%Talent
top 38%Funding
top 47%Fin. health: Revenue ~$280M (FY2024) · Net margin 18.1% · Revenue +8% YoY
Moat: Top 1% by revenue among 930 tracked Diversified Chemicals companies · Editorial + unicorn rating 1/10 · IP moat: 7 patents
Market: 784 employees (top 25% of Chemicals and Materials) · Revenue ~$280M · ~1% of tracked Diversified Chemicals revenue (930 cos, FY2025)
Audience (LinkedIn): 9k LinkedIn followers
Activity (LinkedIn): 1 expansions announced in 12 mo
Founders & team
Investors
Europa
Tech stack
AddtoanyAddtoany Share ButtonsAnt DesignAosApache Http ServerContact Form 7
#9
Early Stage · Mumbai, Maharashtra · founded 1962 · 991 employees$12.5Mraised▾
Early Stage · Mumbai, Maharashtra · founded 1962 · 991 employees
Manufacturer of agrochemicals and specialty products. It specializes in manufacturing, distributing, and marketing agrochemicals.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Moat
top 28%Fin. health
top 32%Market
top 35%Talent
top 38%Growth
top 47%Patents
top 49%Moat: Top 5% by revenue among 44 tracked Agrochemicals companies · Editorial + unicorn rating 1/10 · IP moat: 30 patents
Fin. health: Revenue ~$404M (FY2022) · Net margin 10.7% · Revenue +10% YoY
Market: 991 employees (top 22% of Chemicals and Materials) · Revenue ~$404M · ~10% of tracked Agrochemicals revenue (44 cos, FY2025)
Audience (LinkedIn): 71k LinkedIn followers — 4.5% of this cohort's audience
Founders & team
Investors
Angel One, Indo Euro Investment, Mavi Investment, Modicare, Rajputanafertilizers, Pmltd
Tech stack
AccuweatherAzureBootstrapFancyboxGoogle AnalyticsGoogle Tag Manager
#10
Early Stage · Mumbai, Maharashtra · founded 1998 · 190 employees$926.8Kraised▾
Early Stage · Mumbai, Maharashtra · founded 1998 · 190 employees
Manufacturer of specialty chemicals, sanitizers, and surfactants
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Product
top 18%Innovation
top 20%Moat
top 31%Growth
top 38%Fin. health
top 42%Market
bottom 49%Product: 6 distinct product lines
Innovation: 6 product lines
Moat: Top 5% by revenue among 930 tracked Diversified Chemicals companies · Editorial + unicorn rating 1/10
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Mar 2014Unattributed$82.5K
- Mar 2012Unattributed$175.7K
- Mar 2011Unattributed$506.6K
- Mar 2010Unattributed$155.9K
Investors
Swati Holdings, Kidoor Chemicals Trading, Sai Siddhi Chemicals
Tech stack
Apache Http ServerBootstrapCdnjsCloudflareFlexsliderGodaddy
#11
Early Stage · Mumbai, Maharashtra · founded 1997 · 30 employees$527.1Kraised▾
Early Stage · Mumbai, Maharashtra · founded 1997 · 30 employees
Provider of oil refinery, fuel exploring, and other services
Fliar Intelligence Index™ 29how this company ranks against its industry peers
Growth
top 38%Fin. health
top 42%Tech
top 48%Talent
bottom 45%Global
bottom 29%Funding
bottom 22%Growth: Headcount 29 → 30 (+3%) across vintages · Revenue +42% YoY
Fin. health: Revenue ~$20.9M (FY2020) · Net margin 11.5% · Revenue +42% YoY
Tech: 22 technologies across 4/8 capability areas · Observability: Microsoft Clarity · Security: Http/3
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 2 product launches · 1 awards announced in 12 mo
Funding rounds
- Mar 2009Unattributed$527.1K
- Jun 2003Unattributed$114.3K
Founders & team
Investors
Compact Capital
Tech stack
AosBabelBootstrapCodeigniterCore-JsGoogle Analytics
#12
Early Stage · Mumbai, Maharashtra · founded 1989 · 176 employees$191.6Kraised▾
Early Stage · Mumbai, Maharashtra · founded 1989 · 176 employees
Witmans Industries Pvt. Ltd. is a manufacturer and supplier of spin finishes, textile conning oils, lubricants, and industrial paints. They specialize in producing performance lubricants, plasticizers, and specialty coatings for various industries. With a focus on quality and efficiency, their products are designed to maximize performance and resist a wide range of chemicals.
Fliar Intelligence Index™ 19how this company ranks against its industry peers
Tech
bottom 49%Talent
bottom 45%Growth
bottom 44%Fin. health
bottom 38%Market
bottom 35%Global
bottom 25%Tech: 27 technologies across 2/8 capability areas · Security: Recaptcha, Sectigo
Talent: 1 named leader on record
Growth: Headcount 166 → 176 (+6%) across vintages · Revenue -5% YoY
Funding rounds
- Apr 2012Unattributed$191.6K
Founders & team
Tech stack
Apache Http ServerContact Form 7Core-JsDatatablesElementorGodaddy
Funding & investor landscape
$204.6Mtotal disclosed funding
14companies funded
26disclosed rounds
0rounds last 90 days
Most active investors
APMS Investment1 rounds
Notable founders
Atanuu Agarrwal
Co-Founder & CEO · Distil
Viraj Shah
Co-Founder · Distil
Sanjay Choudhary
Owner · SBL Energy
Raghavan Srinivasan
Co-Founder & Director · Inventys
Deepak Birewar
Founder & Chairman & Managing Director · Inventys
Rajan Venkatesh
CEO and Managing Director · Laxmi
Mathew Menacherry
Co-Founder & Director · The Anthea Group
Vincent Paul
Co-Founder · The Anthea Group
Chandrakant Gogri
Founder · Aarti Industries
Trivik Bhavnani
Co-Founder · Calibre Chemicals
Mala Bhavani
Co-Founder · Calibre Chemicals
Ramesh Shah
Founder · Fine Organics
Prism market signals · India · country-scoped Prism corpus, 6,289,871 docs
Market landscape — 10 sub-themes by coverage
Share of Diversified Chemicals coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
How many Diversified Chemicals companies are there in Maharashtra, India?
Radar tracks 294 indexable Diversified Chemicals companies headquartered in Maharashtra, India, India, that meet our profile-completeness bar.
What is the total funding raised by Diversified Chemicals companies in Maharashtra, India?
The Diversified Chemicals companies in Maharashtra, India on this list have raised a combined $204.6M in disclosed equity funding across 14 funded companies.
Which is the highest-funded Diversified Chemicals company in Maharashtra, India?
Inventys is the highest-funded Diversified Chemicals company in Maharashtra, India, with $64.3M in disclosed equity funding.
How many Diversified Chemicals companies in Maharashtra, India are funded?
14 of the 294 Diversified Chemicals companies in Maharashtra, India on this list have disclosed at least one equity funding round.
How many Diversified Chemicals unicorns are there in Maharashtra, India?
None of the Diversified Chemicals companies in Maharashtra, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Maharashtra, India Diversified Chemicals companies?
The most active investors in Maharashtra, India Diversified Chemicals companies on this list include BIRAC, ICICI Venture, Axis Mutual Fund, Plutus., Societe Generale.
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.