Radar · Diversified Chemicals in Mumbai
Best Diversified Chemicals Companies in Mumbai, India
The 204 best Diversified Chemicals companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Inventys.
By Riya SenguptaFinancials
204companies tracked
$134.5Mdisclosed funding
0unicorns
11have raised
Ranked: Best Diversified Chemicals companies in Mumbai
| # | Company | Disclosed funding | Revenue | Revenue YoY | Employees | Founded | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Aditya Birla Chemicals Aditya Birla Chemicals offers diversified chemicals | — | $17.7B FY2025 | +13% | 11 | 1976 | — | — | 1 expansion |
| 2 | 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 | $11M | $771M FY2024 | -4% | 6,655 6,655 → 5,118 (-23%) · sector median +2% | 1984 | Chandrakant Gogri Founder | 40 patents Synthesis of fluorinated aromatic and nitrile intermediates for pharmaceuticals | 2 awards |
| 3 | 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 | $12M | $404M FY2025 | +10% | 991 991 → 1,677 (+69%) · sector median +2% | 1962 | Rajinder Malhotra CEO & President | 30 patents Synergistic agrochemical formulations for crop disease and pest protection | — |
| 4 | 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 | $10M | $356M FY2025 | +4% | 954 954 → 1,406 (+47%) · sector median +2% | 1992 | Rajan Venkatesh CEO and Managing Director | — | — |
| 5 | 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 | $26M | $280M FY2025 | +8% | 784 | 1970 | Ramesh Shah Founder | 7 patents Bio-derived plasticizers and ester additives for polypropylene polymer processing | — |
| 6 | 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 | +13% | 563 563 → 322 (-43%) · sector median +2% | 1997 | Yash Chari Director – Marketing and Business Development | — | — |
| 7 | 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 | +7% | 4 | 1939 | — | — | — |
| 8 | 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 | +14% | 654 654 → 657 (+0%) · sector median +2% | 1931 | Nirmal Momaya Managing Director | 24 patents Specialty chemical synthesis of monoalkyl ether diphenols and chitin-derived preservatives | — |
| 9 | Akshar Enterprises Manufacturer & exporter of laboratory, industrial, cosmetic, and other chemicals | — | $196M FY2025 | +18% | — | 2013 | Jatin Sutariya CEO | — | — |
| 10 | Bhansali Engineering Polymers Limited Manufacturer of acrylonitrile butadiene styrene (ABS) resins | — | $170M FY2025 | +14% | 750 | 1986 | Babulal Bhansali Founder | — | — |
| 11 | 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 | $6M | $165M FY2025 | +12% | 188 188 → 130 (-31%) · sector median +2% | 1984 | Trivik Bhavnani Co-Founder | — | — |
| 12 | Agrocel Manufacturer of specialty chemicals | — | $117M FY2025 | +6% | 647 | 1994 | Dipesh Shroff Managing Director | 4 patents Industrial production of hydrobromic acid via inorganic acid synthesis processes. | — |
| 13 | 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 | $927K | $116M FY2025 | +27% | 190 190 → 196 (+3%) · sector median +2% | 1998 | — | — | — |
| 14 | Akin Chemicals Limited The company supplies chemicals to various industries | — | $89M FY2025 | +4% | — | 1997 | — | — | — |
| 15 | 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 | -5% | 97 97 → 138 (+42%) · sector median +2% | 1979 | Surendra Tibrewala Founder & Managing Director & Director | — | 1 expansion |
| 16 | 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 | $192K | $64M FY2025 | -5% | 176 | 1989 | Ravi Sekhar CEO | — | — |
| 17 | APPL Manufacturer of polyether polyol, polyurethane isocynates, and potassium carbonate | — | $57M FY2022 | — | — | 2012 | — | — | — |
| 18 | Black Rose Manufacturer of chemicals, acrylamide, and textiles | — | $47M FY2025 | +3% | 104 | 1990 | — | — | — |
| 19 | AimChem Ingredients Importer, distributor, and exporter of food ingredients and chemical products | — | $41M FY2025 | +17% | 43 43 → 38 (-12%) · sector median +2% | 1998 | Mrunal Asher Partner & Director | — | — |
| 20 | Artek Surfin Chemicals Company specializing in surface finishing chemicals for metal treatment and plating processes | — | $32M FY2023 | -93% | 291 | 1989 | Anuj Goenka Managing Director | — | — |
| 21 | Ambani Organics Manufacturer and supplier of dyes and chemicals | — | $23M FY2025 | — | 148 | 1991 | Rakesh Shah CEO & MD | — | — |
| 22 | 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 | $527K | $21M FY2024 | +42% | 30 | 1997 | Vivek Pandit Owner | — | 2 launchs · 1 award |
| 23 | Alta Laboratories Manufacturer of APIs and intermediates | — | $19M FY2025 | +10% | 184 | 1946 | — | — | — |
| 24 | Alta Leasing & Finance Provider of boiler installation, maintenance, and renewable energy solutions | — | $19M FY2025 | +10% | — | 1991 | Jayant Dhote Managing Director | — | — |
| 25 | 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 | +8% | 85 85 → 145 (+71%) · sector median +2% | 1968 | Vipul Shah CEO | — | 2 job openings |
| 26 | Aristo Oilchem Wholesale provider of chemical and oil products | — | $16M FY2022 | — | — | 2000 | — | — | — |
| 27 | Asha Penn Color Manufacturer of pigment dispersions and color concentrates providing solutions for a variety of industries | — | $11M FY2022 | — | — | 1964 | — | — | — |
| 28 | Advent Chembio Manufacturer and supplier of organic and inorganic products for research and development applications | — | $11M FY2025 | +10% | — | 2012 | Rashmi Ranjan Mohanty Co-founder and Director-Technical | — | 3 launchs |
| 29 | AMSAL CHEM Manufacturer of pharmaceutical ingredients | — | $10M FY2025 | +15% | 25 | 1992 | Suketu Majithia Owner | — | — |
| 30 | Asha Cellulose Diversified conglomerates operates across multiple industries | — | $7M FY2025 | -16% | 72 | 1988 | — | — | — |
| 31 | 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 | $64M | $4M FY2025 | -66% | 197 | 2005 | Raghavan Srinivasan Co-Founder & Director | — | — |
| 32 | Ana Industries Manufacturer and exporter of a range of specialty chemicals, including oxidizing agents, peroxides, and other… | — | $4M FY2025 | +482% | 20 | 2014 | — | — | — |
| 33 | 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 | $3M | $2M FY2025 | +101795% | — | 2023 | Atanuu Agarrwal Co-Founder & CEO | — | 1 job opening |
| 34 | 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 | $117K | $2M FY2021 | — | — | 1979 | Prabodh Shantilal Mehta Founder | — | — |
| 35 | Aromatan Provider of range of fragrance-based products for personal care and wellness | — | $1M FY2025 | +2877% | — | 2016 | Ali Nabee Co-Founder & COO | — | — |
| 36 | Ashok Alcochem Manufacturer of acetic acid based industrial solvents | — | $1M FY2022 | — | 210 | 1992 | — | — | — |
| 37 | Amar Chemistry Chemical manufacturer that offers a range of products, including sodium metabisulfite powder, sodium… | — | $777K FY2022 | — | — | 2019 | Naresh Jain Director and co-founder | — | — |
Top 12 Diversified Chemicals companies in Mumbai
#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 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
#3
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 — 5.1% 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
#4
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 — 33.1% 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
#5
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
#6
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
#7
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 — 9.7% of this cohort's audience
Founders & team
Investors
Angel One, Indo Euro Investment, Mavi Investment, Modicare, Rajputanafertilizers, Pmltd
Tech stack
AccuweatherAzureBootstrapFancyboxGoogle AnalyticsGoogle Tag Manager
#8
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
#9
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
#10
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
#11
Seed · Mumbai, Maharashtra · founded 1979$117.4Kraised▾
Seed · Mumbai, Maharashtra · founded 1979
Manufacturer of textile auxiliaries and specialty chemicals
Fliar Intelligence Index™ 6how this company ranks against its industry peers
Talent
bottom 45%Fin. health
bottom 30%Moat
bottom 30%Global
bottom 29%Funding
bottom 21%Market
bottom 19%Talent: 1 named leader on record
Fin. health: Revenue ~$2.2M (FY2021) · Net margin 3.6%
Moat: Top 70% by revenue among 930 tracked Diversified Chemicals companies · Editorial + unicorn rating 1/10
Founders & team
Investors
Absolute Leasing And Finvest, Vidhata Securities, Jayant A Mehta, Nirmala J Somaiya, Sushila N Parekh, Ranjana K Shah
#12
Public · Mumbai, Maharashtra · founded 1968 · 85 employees—raised▾
Public · Mumbai, Maharashtra · founded 1968 · 85 employees
Manufacturer of reactive dyes, fast colour bases, salts and dyes intermideates
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Product
top 14%Innovation
top 20%News
top 37%Moat
top 40%Growth
top 44%Talent
bottom 49%Product: 7 distinct product lines · Company stage: Public
Innovation: 7 product lines
News: 21 BI events in 12 mo (of 60 tracked, 7 types) · +24% YoY · Top themes: Earnings, Announcements, Regulatory
Audience (LinkedIn): 12k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Production, Quality Control
Founders & team
Tech stack
Apache Http ServerBootstrapCdnjsCloudflareFont AwesomeGoogle Analytics
Funding & investor landscape
$134.5Mtotal disclosed funding
11companies funded
18disclosed rounds
0rounds last 90 days
Most active investors
APMS Investment1 rounds
Notable founders
Atanuu Agarrwal
Co-Founder & CEO · Distil
Viraj Shah
Co-Founder · Distil
Raghavan Srinivasan
Co-Founder & Director · Inventys
Deepak Birewar
Founder & Chairman & Managing Director · Inventys
Rajan Venkatesh
CEO and Managing Director · Laxmi
Chandrakant Gogri
Founder · Aarti Industries
Trivik Bhavnani
Co-Founder · Calibre Chemicals
Mala Bhavani
Co-Founder · Calibre Chemicals
Ramesh Shah
Founder · Fine Organics
Jayen Shah
Founder & CEO · Fine Organics
Bina Modi
Managing Director · Indofil
Rajinder Malhotra
CEO & President · Indofil
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 Mumbai, India?
Radar tracks 204 indexable Diversified Chemicals companies headquartered in Mumbai, India, India, that meet our profile-completeness bar.
What is the total funding raised by Diversified Chemicals companies in Mumbai, India?
The Diversified Chemicals companies in Mumbai, India on this list have raised a combined $134.5M in disclosed equity funding across 11 funded companies.
Which is the highest-funded Diversified Chemicals company in Mumbai, India?
Inventys is the highest-funded Diversified Chemicals company in Mumbai, India, with $64.3M in disclosed equity funding.
How many Diversified Chemicals companies in Mumbai, India are funded?
11 of the 204 Diversified Chemicals companies in Mumbai, India on this list have disclosed at least one equity funding round.
How many Diversified Chemicals unicorns are there in Mumbai, India?
None of the Diversified Chemicals companies in Mumbai, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Mumbai, India Diversified Chemicals companies?
The most active investors in Mumbai, India Diversified Chemicals companies on this list include BIRAC, ICICI Venture, 360 One, A-One Dyes And Chemicals, APMS Investment.
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.