Industrial Goods and Manufacturing · India, India

Best Industrial Goods and Manufacturing Companies in India

Updated 2026-06-16 · Ranked by funding & momentum

5166 indexable Industrial Goods and Manufacturing companies headquartered in India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $3.9B across 281 funded companies, including 4 unicorns.

5,166
Companies
$3.9B
Total Funding
281
Funded
4
Unicorns
12
Rounds (90d)

Ranked: Best Industrial Goods and Manufacturing companies in India

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Zetwerk Unicorn
Manufacturing platform that connects businesses with a global network of suppliers for custom production
$697.6M $2.8B
as of 2024
Series F Series F Mar 2026 1 2018 ↑ Active
2 Ethereal Machines
Provider of on demand manufacturing services for industrial machines
$23.5M $46.7M
as of 2024
Series B Series B Apr 2026 93 2016 ↑ Active
3 SFO Technologies
Provider of ODM Plus solutions
$37.5M Late Stage PE Mar 2026 1,723 1990 ↑ Active
4 ZYOD
Platform offering technology-enabled fashion manufacturing solutions
$21.5M $49.8M
as of 2024
Series A Series A Feb 2026 79 2023 ↑ Active
5 JS Auto Cast Foundry
Manufacturer of ductile iron castings for diverse industries
$32.8M Acquired PE Feb 2026 61 2004 ↑ Active
6 Bidso
Manufacturer of customizable scooters, tricycles, ride-ons, prams, and walkers
$9M Series A Venture Debt Mar 2026 23 2022 ↑ Active
7 ARISE IIP
Provider of industrial ecosystems development services
$85M Series D Series D Sep 2025 142 2010 ↑ Active
8 NowPurchase
Tech interfaced procurement marketplace for metal manufacturers
$10M $10M
as of 2021
Series B Series B Mar 2026 79 2017 ↑ Active
9 Proxgy
Manufacturer of industrial internet of things safety gear and wearables
$5.7M $12.8M
as of 2022
Series A Angel Mar 2026 25 2020 ↑ Active
10 Raghu Vamsi
Provider of engineering components manufacturing, CNC machining, and fabrication services
$5.4M $82.3M
as of 2023
Series A Series A Apr 2026 1992 ↑ Active
11 NG Electro
Manufacturer of ODM and OEM solutions for beauty, wellness, and home
$9.2M Series A Series A Mar 2026 2006 ↑ Active
12 stch
Developer of fabrics and garments enabling quick sampling and fast production
$5.5M Seed Seed Apr 2026 2025 ↑ Active
13 Rikun
Manufacturer of metal, plastic, and electronic precision parts
$130.1M Series D Series D May 2025 225 2018 ↑ Active
14 JJG Machining Group
Manufacturer of small components for automotive & aerospace industry
$12M Series B Series B Jan 2026 109 1991 ↑ Active
15 JSW One MSME Unicorn
Online retailer of TMT, steel HR coil, and cement products
$25M $335.9M
as of 2023
Series B Series B Oct 2025 186 2020 ↑ Active
16 Intellithink
Provider of IoT interfaced equipment maintenance platform
$2.9M Seed Seed Apr 2026 26 2017 ↑ Active
17 Neewee
AI powered predictive data analytics and production management software for manufacturing companies
$8.6M $15.1M
as of 2023
Series A Series A Dec 2025 62 2014 ↑ Active
18 GrevoroPlatformsPvt.
Provider of industrial operating system integrating manufacturing, materials, and capital
$4.7M Seed Seed Feb 2026 2023 ↑ Active
19 Indkal
Manufacturer of consumer electronics and appliances
$36.2M $43M
as of 2024
Series B Series B Jun 2025 301 2020 ↑ Active
20 DATOMS
Datoms empowers machine manufacturers to effortlessly launch, differentiate, and sustain a portfolio of smart, connected products, by turning machine data into actionable insights for sales growth, service optimization, and operational excellence using IoT, ML and AI
$2.2M $6M
as of 2024
Series A Series A Feb 2026 45 2015 ↑ Active
21 Suditi Industries
Manufacturer of fabrics
$6.6M Public Post IPO Dec 2025 175 1991 ↑ Active
22 Brandworks Technologies
Provider of electronics manufacturing services
$11.3M Series A Series A Oct 2025 157 2017 ↑ Active
23 iDO Devices
Developer of end-to-end tech value chain solutions
$4M Seed Angel Jan 2026 2025 ↑ Active
24 Wootz.work
Manufacturer of custom engineered components, equipment, fabrications, and integrated systems
$3.5M Series A Series A Jan 2026 19 2023 ↑ Active
25 Rajoo
Manufacturer and supplier of plastic extrusion machines
$18.6M Public Post IPO Jul 2025 375 1986 ↑ Active
26 NTWIST
Machine learning based business process improvement and data analytics platform
$727.4K Funding Raised Conventional Debt May 2026 19 2016 ↑ Active
27 Haber
AI based automation solutions for process and utility optimization
$65M $80.8M
as of 2021
Series C Venture Debt Nov 2024 153 2017 ↑ Active
28 Metalbook
B2B platform for metal sourcing, recycling, contract manufacturing, and financing
$27.3M Series A Venture Debt Mar 2025 2021 ↑ Active
29 Bambrew
Manufacturer and supplier of biodegradable plant‑fiber sustainable packaging products
$11.8M $14.4M
as of 2024
Series B Series B Jun 2025 36 2018 ↑ Active
30 Magma
Provider of integrated industrial marketplace for manufacturers
$3.3M $9.9M
as of 2023
Series A Series A Sep 2025 13 2022 ↑ Active
31 Rotomag
Manufacturer and supplier of solar powered DC surface and submersible pumps
$5M $5.7M
as of 2015
Late Stage Post IPO Sep 2025 132 1993 ↑ Active
32 Mtandt
Aerial Work Platforms & Equipment Rentals | Buy or Rent
$623.3K $2.6M
as of 2009
Series A Series A Mar 2026 770 2000 ↑ Active
33 Workroom
Centralized platform for manufacturers to automate workflows
$660.8K Seed Seed Mar 2026 2023 ↑ Active
34 CORE Energy Systems
Provider of engineered package systems and turnkey project solutions
$4.2M Series B Series B Aug 2025 2000 ↑ Active
35 Isler
Manufacturer of kitchen appliance for various brands
$5.2M Series A Series A Jul 2025 2023 ↑ Active
36 Distil
Manufacturer of specialty chemicals
$3.1M $8M
as of 2024
Series A Series A Sep 2025 2023 ↑ Active
37 PDS
Contract manufacturer of garments
$51.2M Public Post IPO Aug 2024 162 1999 ↑ Active
38 Sevenloop
Provider of AI-enabled custom metal manufacturing and sourcing platform
$7.6M Series A Series A Apr 2025 2021 ↑ Active
39 Capgrid
Provider of design-to-deliver services for precision parts and components
$9M $25.6M
as of 2024
Series A Series A Feb 2025 133 2020 ↑ Active
40 DCGpac
Online platform offering packaging materials and supply-chain services for businesses
$2.8M $10.8M
as of 2022
Seed Seed Jul 2025 145 2005 ↑ Active
41 Chara
Manufacturer of rare-earth free motor systems and intelligent motor controllers
$7.8M $17.1M
as of 2023
Series A Series A Feb 2025 75 2019 ↑ Active
42 Ecolibrium
Provider of AI-powered platform for optimizing industrial equipment and portfolio performance
$5.4M $11M
as of 2020
Series A Series A Mar 2025 66 2010 ↑ Active
43 Quintrans
Provider of a soon-to-launch transportation platform
$750K Seed Seed Dec 2025 2021 ↑ Active
44 Zerocircle
Manufacturer of algae based barrier coatings for food contact packaging
$300K $5.9M
as of 2021
Seed Seed Jan 2026 2020 ↑ Active
45 Ripik.AI
Developer of computer vision platform and AI agents for industries
$13.9M $38.7M
as of 2024
Seed Seed Sep 2024 84 2021 ↑ Active
46 Fabheads
Designing and prototyping services for 3D printing products
$3.4M $8.3M
as of 2022
Series A Series A Apr 2025 58 2015 ↑ Active
47 Parsonsnutritionals
Manufacturer of nutritional products for the food industry
$83.8M Series C Series C Apr 2024 1989
48 Machine Maze
Provider of outsourced manufacturing solutions for OEMs
$2.8M Seed Seed Mar 2025 52 2021 ↑ Active
49 Aequs
Manufacturer of diversified manufacturing solutions built on precision engineering
$101.3M $241.8M
as of 2023
Public PE Sep 2023 135 2000
50 Wendor
Manufacturer and supplier of smart vending machines with cashless payment options
$2.5M Seed Conventional Debt Apr 2025 2017 ↑ Active

Top 12 Industrial Goods and Manufacturing companies in India

#1
Zetwerk Unicorn Series F
$697.6M Raised
expand_more
#1

Zetwerk Unicorn Series F

location_onBengaluru, Karnataka
Founded
2018
Employees
1
Funding raised
$697.6M
Valuation
$2.8B · 2024
Stage
Series F

Manufacturing platform that connects businesses with a global network of suppliers for custom production. It connects OEMs with partner suppliers for end-to-end production of precision parts, capital goods, and consumer products. The company provides processes like die casting, CNC machining, forging, extrusions, injection molding, sheet metal stamping, investment casting, assemblies, and prototyping.

Funding rounds (19 disclosed of 20)
Round Date Amount
Series F Mar 2026 $52.8M
Series F Jul 2025 $76.6M
Conventional Debt Jul 2025 $8.7M
Series F Mar 2025 $14.9M
Series F Dec 2024 $70M
Series F Feb 2024 $20M
14 earlier rounds — sign up free
Tech stack
amazon s3amazon web servicesangularapple icloud mailaws certificate managercloudflare+14
#2
$23.5M Raised
expand_more
#2

Ethereal Machines Series B

location_onBengaluru, Karnataka
Founded
2016
Employees
93
Funding raised
$23.5M
Valuation
$46.7M · 2024
Stage
Series B

Provider of on demand manufacturing services for industrial machines. It offers an on demand platform for manufacturing sector including custom CNC milling services, five and three axis machining, and more for various industries including aerospace, healthcare and electronics. It offer solutions such as prototyping, material selection, parts generation, design assistance, production, quality control, and allows users

Funding rounds (6 disclosed of 7)
Round Date Amount
Series B Apr 2026 $28.5M
Series A Jun 2024 $13M
Seed Jul 2023 $7.3M
Grant (prize money) 2022 Undisclosed
Seed Jun 2022 $802.4K
Seed Jul 2021 $1.4M
1 earlier round — sign up free
Tech stack
animate.csscloudflarecloudflare bot managementcloudflare browser insightsconvertflowcookieyes+14
#3
SFO Technologies Late Stage
$37.5M Raised
expand_more
#3

SFO Technologies Late Stage

location_onKochi, Kerala
Founded
1990
Employees
1,723
Funding raised
$37.5M
Stage
Late Stage

Provider of ODM Plus solutions. The company offers total ODM Plus solutions to diverse industries. Growing from EMS to ODM and now to ODM plus Solutions, the company is known to bundle its own IPs, ready-to-use product building blocks, IoT, Analytics & Mobility, Cloud, AI, and expertise in related technologies. The company offers flexible, Low/Medium/High Mix, High Volume/High Complexity, Build-to-Spec/Build-to-Print

Funding rounds (2 disclosed of 5)
Round Date Amount
PE Mar 2026 $82M
Unattributed Jan 2013 Undisclosed
PE May 2011 $37.5M
PE Sep 2007 Undisclosed
PE Jun 2006 Undisclosed
Tech stack
bootstrapcdnjscloudflarecore-jsfont awesomegoogle analytics+14
#4
ZYOD Series A
$21.5M Raised
expand_more
#4

ZYOD Series A

location_onGurugram, Haryana
Founded
2023
Employees
79
Funding raised
$21.5M
Valuation
$49.8M · 2024
Stage
Series A

Platform offering technology-enabled fashion manufacturing solutions. It provides end-to-end support for fashion brands, from design and fabric sourcing to production and delivery coordination. The platform is designed to streamline manufacturing processes through digital tools and operational integration

Funding rounds (3 disclosed of 4)
Round Date Amount
Series A Feb 2026 $1.3M
Series A Jun 2024 $18M
Conventional Debt Jun 2024 Undisclosed
Seed Mar 2023 $3.5M
Tech stack
bootstrapcdnjscloudflarefont awesomegoogle analyticsgoogle font api+14
#5
$32.8M Raised
expand_more
#5

JS Auto Cast Foundry Acquired

location_onCoimbatore, Tamil Nadu
Founded
2004
Employees
61
Funding raised
$32.8M
Stage
Acquired

Manufacturer of ductile iron castings for diverse industries. It produces castings for wind energy, hydraulics, agriculture, automotive, and oil and gas sectors. It offers complex grade castings, including austempered ductile iron, HiSiMo, and CGI. It also provides design engineering, product development, moulding, and testing services.

Funding rounds (1 disclosed of 1)
Round Date Amount
PE Feb 2026 $32.8M
Tech stack
apache http serverbootstrapcdnjscloudflaregodaddygoogle font api+9
#6
Bidso Series A
$9M Raised
expand_more
#6

Bidso Series A

location_onBengaluru, Karnataka
Founded
2022
Employees
23
Funding raised
$9M
Stage
Series A

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.

Funding rounds (5 disclosed of 5)
Round Date Amount
Venture Debt Mar 2026 $1.3M
Series A Mar 2026 $5.4M
Seed Mar 2025 $471.2K
Seed Aug 2024 $286.8K
Seed Mar 2023 $1.5M
#7
ARISE IIP Series D
$85M Raised
expand_more
#7

ARISE IIP Series D

location_onIndia
Founded
2010
Employees
142
Funding raised
$85M
Stage
Series D

Provider of industrial ecosystems development services. It designs, finances, conceives, and operates industrial zones. The company identifies industrial gaps and develops solutions for local raw material transformation, export boosting, and trade promotion. It focuses on developing industrial hubs with integrated logistics services to foster competitive economies and equitable societies. The industrial ecosystem inc

Funding rounds (2 disclosed of 4)
Round Date Amount
Series D Sep 2025 Undisclosed
Series D May 2025 $100M
Series C Nov 2022 $85M
Seed Jan 2020 Undisclosed
Tech stack
apache http serverbootstrapcloudflarecloudflare bot managementfont awesomegoogle analytics+14
#8
NowPurchase Series B
$10M Raised
expand_more
#8

NowPurchase Series B

location_onKolkata, West Bengal
Founded
2017
Employees
79
Funding raised
$10M
Valuation
$10M · 2021
Stage
Series B

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

Funding rounds (4 disclosed of 6)
Round Date Amount
Series B Mar 2026 $8.5M
Conventional Debt Sep 2024 Undisclosed
Series A Dec 2023 $6M
Seed Nov 2021 $2.4M
Angel Mar 2021 Undisclosed
Seed Mar 2019 $288.2K
Tech stack
amazon s3amazon web servicesamplitudeanimate.cssbootstrapcart functionality+14
#9
Proxgy Series A
$5.7M Raised
expand_more
#9

Proxgy Series A

location_onGurugram, Haryana
Founded
2020
Employees
25
Funding raised
$5.7M
Valuation
$12.8M · 2022
Stage
Series A

Manufacturer of industrial internet of things safety gear and wearables. Products include smart hats, audio pods, and location tracking devices designed for industrial environments. These hardware devices integrate with software platforms to provide visual monitoring, video conferencing, and data analytics for frontline workforce management. The technology facilitates remote collaboration and operational oversight th

Funding rounds (7 disclosed of 7)
Round Date Amount
Angel Mar 2026 $212.9K
Series A Sep 2024 $3M
Seed Jul 2023 $2M
Seed Nov 2022 $249.6K
Seed Mar 2022 $883.2K
Seed Feb 2022 $132.2K
1 earlier round — sign up free
Founders & key people
Tech stack
amazon cloudfrontamazon s3amazon web servicesaws certificate managercdnjscloudflare+7
#10
Raghu Vamsi Series A
$5.4M Raised
expand_more
#10

Raghu Vamsi Series A

location_onHyderabad, Telangana
Founded
1992
Funding raised
$5.4M
Valuation
$82.3M · 2023
Stage
Series A

Provider of engineering components manufacturing, CNC machining, and fabrication services

Funding rounds (5 disclosed of 5)
Round Date Amount
Series A Apr 2026 $4.6M
Series A Sep 2024 $5.5M
Unattributed Dec 2023 $899.6K
Unattributed May 2023 $2M
Unattributed Jan 2022 $2.5M
Tech stack
apache http servergodaddyhttp/3jquerylenismicrosoft 365+4
#11
NG Electro Series A
$9.2M Raised
expand_more
#11

NG Electro Series A

location_onNoida, Uttar Pradesh
Founded
2006
Funding raised
$9.2M
Stage
Series A

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.

Funding rounds (2 disclosed of 2)
Round Date Amount
Series A Mar 2026 $9.1M
Angel Dec 2011 $63.6K
Founders & key people
Tech stack
chart.jscontact form 7font awesomegodaddygoogle workspacejquery+12
#12
stch Seed
$5.5M Raised
expand_more
#12

stch Seed

location_onBengaluru, Karnataka
Founded
2025
Funding raised
$5.5M
Stage
Seed

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.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Apr 2026 $5.5M
Founders & key people
Tech stack
godaddygoogle workspacehstsnext.jsnext.js app routernode.js+5

Recent signals in India Industrial Goods and Manufacturing

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Funding & investor landscape

Total raised
$3.9B
across these companies
Companies funded
281
with disclosed funding
Highest-funded
$697.6M raised

Most active investors

E Europa 20 investments in Industrial Goods and Manufacturing F Forge 12 investments in Industrial Goods and Manufacturing A Accel 11 investments in Industrial Goods and Manufacturing IC IIT Mandi Catalyst 11 investments in Industrial Goods and Manufacturing L LetsVenture 11 investments in Industrial Goods and Manufacturing AL Angel List 10 investments in Industrial Goods and Manufacturing IV IIMA Ventures 10 investments in Industrial Goods and Manufacturing MT Ministry of Electronics & Information Technology 10 investments in Industrial Goods and Manufacturing SK Startup Karnataka 10 investments in Industrial Goods and Manufacturing SV Stride Ventures 9 investments in Industrial Goods and Manufacturing B BIRAC 8 investments in Industrial Goods and Manufacturing I IBAC 8 investments in Industrial Goods and Manufacturing

Notable founders in India Industrial Goods and Manufacturing

AF Ankit Fatehpuria Co-Founder & CFO Zetwerk · $697.6M raised
VC Vishal Chaudhary Co-Founder Zetwerk · $697.6M raised
AA Amrit Acharya Co-Founder & CEO Zetwerk · $697.6M raised
RS Rahul Sharma Co-Founder Zetwerk · $697.6M raised
SR Srinath Ramakkrushnan Co-Founder Zetwerk · $697.6M raised
NJ Navin Jain Co-Founder Ethereal Machines · $23.5M raised
KM Kaushik Mudda Co-Founder & CEO Ethereal Machines · $23.5M raised
JH Javad Hassan Founder & Chairman SFO Technologies · $37.5M raised
JP Jacob Pappen Co-CEO SFO Technologies · $37.5M raised
AJ Althaaf Jehangir Co-CEO SFO Technologies · $37.5M raised
RK Ritesh Khandelwal Co-Founder ZYOD · $21.5M raised
AJ Ankit Jaipuria Co-Founder & CEO ZYOD · $21.5M raised

Frequently asked questions

How many Industrial Goods and Manufacturing companies are there in India?
Radar tracks 5166 indexable Industrial Goods and Manufacturing companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Industrial Goods and Manufacturing companies in India?
The Industrial Goods and Manufacturing companies in India on this list have raised a combined $3.9B in disclosed equity funding across 281 funded companies.
Which is the highest-funded Industrial Goods and Manufacturing company in India?
Zetwerk is the highest-funded Industrial Goods and Manufacturing company in India, with $697.6M in disclosed equity funding.
How many Industrial Goods and Manufacturing companies in India are funded?
281 of the 5166 Industrial Goods and Manufacturing companies in India on this list have disclosed at least one equity funding round.
How many Industrial Goods and Manufacturing unicorns are there in India?
4 Industrial Goods and Manufacturing companies in India on this list are valued at $1B or more.
Who are the top investors in India Industrial Goods and Manufacturing companies?
The most active investors in India Industrial Goods and Manufacturing companies on this list include Europa, Forge, Accel, IIT Mandi Catalyst, LetsVenture.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-16.

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