Radar Companies Industrial Goods and Manufacturing · India
Radar · Industrial Goods and Manufacturing in India

Best Industrial Goods and Manufacturing Companies in India

The 5166 best Industrial Goods and Manufacturing companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Zetwerk.

5166companies tracked
$3.9Bdisclosed funding
4unicorns
306have raised

Among the directories tracking Industrial Goods and Manufacturing companies in India, this one ranks 5,166 of them by disclosed equity funding and recent funding momentum. That's not a small sample. Total disclosed funding across the set sits at $3.9 billion, four unicorns have cleared the threshold, and the capital is concentrated enough that you can actually feel where conviction lives.

Zetwerk anchors the top of that stack at $698 million in disclosed funding, a figure that dwarfs every other name on this list by a wide margin. SFO Technologies has filed $38 million, JS Auto Cast Foundry $33 million, Ethereal Machines $24 million, and ZYOD $22 million. So the spread is real, and I think that's what makes this directory useful: you're not just seeing the unicorn story, you're seeing the full revenue-earning tier beneath it. Consumer-facing apps tied to goods and manufacturing are also posting median install growth of roughly 19% year-over-year across 552 tracked apps, which tells you demand isn't hypothetical. Active investors including Accel and LetsVenture are watching the same signals. The sector themes drawing the most attention right now are fire compartmentalization and fire control, niche enough to signal that industrial compliance spending is becoming its own funding category.

Sources & further reading
  • Indian Apparel, Textile Exporters To Gain From US’ Reciprocal Tariffs: Report
  • Rs 12K-cr loss for Tirupur exporters amid tariffs
  • Tiruppur exporters fear 1.5 lakh job losses, ₹12,000 crore revenue hit as US tar
FLIAR INTELLIGENCE · INDUSTRIAL GOODS AND MANUFACTURING × INDIA

Our analysis of 91 Industrial Goods and Manufacturing companies

$2.1b in tracked funding; 69% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

91companies analysed
69%cloud-native stacks
2025funding peak (by rounds)
2unicorns
2016median founding year
1.1Mcombined LinkedIn audience
34%of audience held by top 3
12companies hiring publicly (12 mo)

Ranked: Best Industrial Goods and Manufacturing companies in India

#CompanyRevenueDisclosed fundingLast roundRevenue YoYEmployeesFounderMarket signals (1y)Recent signals
1Zetwerk 🦄
Manufacturing platform that connects businesses with a global network of suppliers for custom production
80Funding top 9%Moat top 17%Talent top 21%Tech top 24%
All 10 signals ▾
Fundingtop 9%
Moattop 17%
Talenttop 21%
Techtop 24%
Partnerstop 26%
Markettop 34%
Globaltop 36%
Newstop 37%
Fin. healthtop 47%
Growthtop 49%
Funding: Raised $698M across 19 rounds · 19 rounds over 8 yrs (2.4/yr)
Moat: Top 1% by revenue among 449 tracked B2B E-Commerce companies · Editorial + unicorn rating 9/10
rank vs industry peers · Fliar Intelligence Index 80/100
$1.5B
FY2025
$698M2 mo ago-11%1Ankit Fatehpuria
Co-Founder & CFO
28 signals ▼20%
IPO · Contracts · Leadership
1 award
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
$1.5B
FY2025
$51M21 mo ago+21%162Deepak Seth
Founder & Chairman
7 signals ▼22%
Earnings · Announcements · Leadership
3JSW One MSME 🦄
Online retailer of TMT, steel HR coil, and cement products
78Moat top 20%Fin. health top 23%Funding top 26%Market top 27%
All 11 signals ▾
Moattop 20%
Fin. healthtop 23%
Fundingtop 26%
Markettop 27%
Techtop 27%
Innovationtop 34%
Producttop 37%
Newstop 45%
Growthtop 46%
Talentbottom 49%
Globalbottom 37%
Moat: Top 1% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 7/10
Fin. health: Revenue ~$471M (FY2021) · Net margin -5.5%
rank vs industry peers · Fliar Intelligence Index 78/100
$471M
FY2025
$25M8 mo ago+180%186Gaurav Sachdeva
CEO
5 signals ▼50%
M&A · Funding · New product
1 launch
4SFO Technologies
Provider of ODM Plus solutions
74Product top 22%Talent top 23%Funding top 24%News top 24%
All 11 signals ▾
Producttop 22%
Talenttop 23%
Fundingtop 24%
Newstop 24%
Markettop 27%
Fin. healthtop 32%
Innovationtop 34%
Moattop 34%
Growthtop 44%
Globalbottom 43%
Techbottom 34%
Product: 12 distinct product lines · Company stage: PE
Talent: 5 named leaders on record · 5 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 74/100
$342M
FY2025
$38M3 mo ago+7%1,723Javad Hassan
Founder & Chairman
4 signals
Funding · Capital raise · Hiring
5 job openings · 1 award
5Parsonsnutritionals
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
$163M
FY2025
$84M26 mo agoSukhbir Mann
Founder & Chairman
6Metalbook
B2B platform for metal sourcing, recycling, contract manufacturing, and financing
90Growth top 17%Moat top 18%Funding top 22%Market top 23%
All 9 signals ▾
Growthtop 17%
Moattop 18%
Fundingtop 22%
Markettop 23%
Fin. healthtop 28%
Talenttop 28%
Techtop 41%
Globalbottom 48%
Productbottom 48%
Growth: Revenue +67% YoY · Fresh capital in last 24 mo
Moat: Top 1% by revenue among 262 tracked Manufacturing Tech companies · 9 curated direct competitors tracked
rank vs industry peers · Fliar Intelligence Index 90/100
$158M
FY2025
$27M15 mo ago+67%Pulkit Baldev
Co-Founder
7Rotomag
Manufacturer and supplier of solar powered DC surface and submersible pumps
64Fin. health top 19%Moat top 22%Product top 28%Funding top 37%
All 9 signals ▾
Fin. healthtop 19%
Moattop 22%
Producttop 28%
Fundingtop 37%
Growthtop 40%
Markettop 41%
Talentbottom 49%
Techbottom 45%
Globalbottom 32%
Fin. health: Revenue ~$151M (FY2021) · Net margin 14.4%
Moat: Top 2% by revenue among 633 tracked Industrial Automation Equipment companies · Editorial + unicorn rating 7/10
rank vs industry peers · Fliar Intelligence Index 64/100
$151M
FY2025
$5M9 mo ago132
132 → 166 (+26%) · sector median +32%
Umesh Balani
Founder & MD
8Aequs
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
$113M
FY2025
$101M32 mo ago-3%135Aravind Melligeri
Founder & Co-CEO
41 signals ▲486%
IPO · Hiring · Earnings
1 award
9JS Auto Cast Foundry
Manufacturer of ductile iron castings for diverse industries
64Funding top 22%Fin. health top 27%Moat top 30%Market top 39%
All 8 signals ▾
Fundingtop 22%
Fin. healthtop 27%
Moattop 30%
Markettop 39%
Growthtop 42%
Newstop 45%
Techbottom 39%
Globalbottom 32%
Funding: Raised $32.8M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
Fin. health: Revenue ~$82.9M (FY2019) · Net margin 6.8%
rank vs industry peers · Fliar Intelligence Index 64/100
$83M
FY2025
$33M4 mo ago+23%61
10Indkal
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
$75M
FY2024
$36M12 mo ago301Rishikesh Jadhav
Co-Founder
11Rikun
Manufacturer of metal, plastic, and electronic precision parts
62Market top 34%Funding top 34%Moat top 39%Growth top 41%
All 8 signals ▾
Markettop 34%
Fundingtop 34%
Moattop 39%
Growthtop 41%
Fin. healthtop 42%
Talentbottom 45%
Techbottom 36%
Globalbottom 29%
Market: 225 employees (top 18% of Industrial Goods and Manufacturing) · Revenue ~$48.8M
Funding: Raised $130M across 2 rounds · 2 rounds over 4 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 62/100
$49M
FY2025
$130M13 mo ago+14%225
225 → 333 (+48%) · sector median +32%
Muthu Sivan
Founder & Managing Director
1 award
12Raghu Vamsi
Provider of engineering components manufacturing, CNC machining, and fabrication services
69Fin. health top 25%Talent top 28%Moat top 34%Innovation top 36%
All 11 signals ▾
Fin. healthtop 25%
Talenttop 28%
Moattop 34%
Innovationtop 36%
Producttop 36%
Markettop 37%
Fundingtop 40%
Growthtop 45%
Techbottom 48%
Globalbottom 37%
Newsbottom 21%
Fin. health: Revenue ~$42.7M (FY2022) · Net margin 9.2%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 69/100
$43M
FY2025
$5M2 mo agoG Thrimurthulu
Founder
4 job openings
13NowPurchase
Tech interfaced procurement marketplace for metal manufacturers
72Moat top 28%Growth top 32%Funding top 33%Talent top 34%
All 11 signals ▾
Moattop 28%
Growthtop 32%
Fundingtop 33%
Talenttop 34%
Fin. healthtop 35%
Producttop 36%
Innovationtop 39%
Techtop 39%
Markettop 45%
Newsbottom 49%
Globalbottom 37%
Moat: Top 15% by revenue among 13 tracked Materials Tech companies · Editorial + unicorn rating 7/10
Growth: Headcount 47 → 79 (+68%) across vintages · Revenue +75% YoY
rank vs industry peers · Fliar Intelligence Index 72/100
$39M
FY2025
$10M2 mo ago+75%79
79 → 138 (+75%) · sector median +32%
Aakash Shah
Co-Founder & Director
6 signals ▼54%
Funding
1 internship · 1 award
14NG 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
$37M
FY2025
$9M3 mo ago+18%Piyush Mittal
Founder
15Rajoo
Manufacturer and supplier of plastic extrusion machines
74Moat top 19%Funding top 22%Market top 29%News top 39%
All 9 signals ▾
Moattop 19%
Fundingtop 22%
Markettop 29%
Newstop 39%
Growthtop 40%
Fin. healthtop 44%
Talentbottom 49%
Techbottom 48%
Globalbottom 45%
Moat: Top 3% by revenue among 151 tracked Packaging Machinery companies · 9 curated direct competitors tracked
Funding: Raised $18.6M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 74/100
$31M
FY2025
$19M10 mo ago375C Doshi
Founder
17 signals ▼47%
Funding · Earnings · M&A
1 launch
16Brandworks 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
$31M
FY2025
$11M8 mo ago+43%157
157 → 248 (+58%) · sector median +32%
Sameer Jain
Co-Founder
17CORE Energy Systems
Provider of engineered package systems and turnkey project solutions
60Growth top 25%News top 28%Fin. health top 28%Talent top 33%
All 9 signals ▾
Growthtop 25%
Newstop 28%
Fin. healthtop 28%
Talenttop 33%
Moattop 37%
Markettop 44%
Fundingtop 46%
Globalbottom 37%
Techbottom 18%
Growth: Revenue +95% YoY · Web rank 5,000,000 → 10,000,000 YoY
News: 6 BI events in 12 mo (of 6 tracked, 2 types) · 2 high-value events (IPO/M&A/funding/contracts) in 12 mo
rank vs industry peers · Fliar Intelligence Index 60/100
$27M
FY2025
$4M10 mo ago+95%Kumar Pranay
CEO
6 signals
Announcements · Funding
18Capgrid
Provider of design-to-deliver services for precision parts and components
64Growth top 31%Funding top 35%Talent top 38%Fin. health top 40%
All 9 signals ▾
Growthtop 31%
Fundingtop 35%
Talenttop 38%
Fin. healthtop 40%
Markettop 43%
Moattop 43%
Techbottom 47%
Globalbottom 37%
Newsbottom 21%
Growth: Headcount 147 → 133 (-10%) across vintages · Revenue +109% YoY
Funding: Raised $9.0M across 5 rounds · 5 rounds over 5 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 64/100
$25M
FY2025
$9M16 mo ago+109%133
133 → 122 (-8%) · sector median +32%
Himanshu Raghuvanshi
Co-Founder & COO
19Magma
Provider of integrated industrial marketplace for manufacturers
50Moat top 23%Funding top 37%Fin. health top 41%Tech top 44%
All 9 signals ▾
Moattop 23%
Fundingtop 37%
Fin. healthtop 41%
Techtop 44%
Growthtop 45%
Producttop 47%
Talentbottom 49%
Marketbottom 46%
Globalbottom 37%
Moat: Top 4% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 7/10
Funding: Raised $3.3M across 6 rounds · 6 rounds over 4 yrs (1.5/yr)
rank vs industry peers · Fliar Intelligence Index 50/100
$22M
FY2025
$3M9 mo ago13Neal Thakker
Founder & CEO
1 launch
20Haber
AI based automation solutions for process and utility optimization
67Moat top 20%Talent top 28%Funding top 29%Innovation top 33%
All 12 signals ▾
Moattop 20%
Talenttop 28%
Fundingtop 29%
Innovationtop 33%
Techtop 33%
Producttop 36%
Markettop 37%
AItop 45%
Globalbottom 43%
Fin. healthbottom 40%
Growthbottom 34%
Newsbottom 21%
Moat: Top 2% by revenue among 116 tracked Business Intelligence companies · Editorial + unicorn rating 8/10
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 67/100
$20M
FY2025
$65M19 mo ago153
153 → 232 (+52%) · sector median +32%
Arjunan N
Co-Founder & VP
2 launchs
21DCGpac
Online platform offering packaging materials and supply-chain services for businesses
64Moat top 23%Growth top 30%News top 30%Talent top 38%
All 10 signals ▾
Moattop 23%
Growthtop 30%
Newstop 30%
Talenttop 38%
Markettop 39%
Techtop 43%
Fin. healthtop 44%
Fundingtop 46%
Productbottom 40%
Globalbottom 39%
Moat: Top 4% by revenue among 52 tracked Packaging Tech companies · Editorial + unicorn rating 7/10
Growth: Headcount 127 → 145 (+14%) across vintages · Revenue +60% YoY
rank vs industry peers · Fliar Intelligence Index 64/100
$18M
FY2025
$3M11 mo ago+60%145
145 → 154 (+6%) · sector median +32%
Suresh Bansal
Co-Founder & CEO
4 signals ▲300%
Capital raise · Incorporation · Funding
1 award
22Mtandt
Aerial Work Platforms & Equipment Rentals | Buy or Rent
60Talent top 28%Moat top 29%News top 38%Market top 41%
All 11 signals ▾
Talenttop 28%
Moattop 29%
Newstop 38%
Markettop 41%
Innovationtop 42%
Growthtop 42%
Fin. healthtop 42%
Producttop 44%
Techtop 49%
Fundingbottom 42%
Globalbottom 36%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 6% by revenue among 257 tracked Construction Tech companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 60/100
$16M
FY2025
$623K2 mo ago+28%770
770 → 513 (-33%) · sector median +32%
Yashwant Roat
Co-CEO
3 signals
Funding
1 job opening
23Suditi 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
$12M
FY2025
$7M5 mo ago+34%1751 expansion
24ZYOD
Platform offering technology-enabled fashion manufacturing solutions
67Moat top 27%Tech top 28%Funding top 29%Growth top 33%
All 9 signals ▾
Moattop 27%
Techtop 28%
Fundingtop 29%
Growthtop 33%
Talenttop 38%
Markettop 46%
Fin. healthtop 48%
Globalbottom 39%
Newsbottom 21%
Moat: Top 13% by revenue among 449 tracked B2B E-Commerce companies · Editorial + unicorn rating 7/10
Tech: 36 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud
rank vs industry peers · Fliar Intelligence Index 67/100
$10M
FY2025
$22M3 mo ago+165%79
79 → 146 (+85%) · sector median +32%
Ritesh Khandelwal
Co-Founder
1 job opening
25Sevenloop
Provider of AI-enabled custom metal manufacturing and sourcing platform
57Funding top 35%Growth top 44%Talent top 45%Market top 47%
All 7 signals ▾
Fundingtop 35%
Growthtop 44%
Talenttop 45%
Markettop 47%
Techtop 47%
Globalbottom 48%
Fin. healthbottom 41%
Funding: Raised $7.6M across 3 rounds · 3 rounds over 4 yrs (0.8/yr)
Growth: Revenue +12% YoY · Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 57/100
$10M
FY2025
$8M14 mo ago+12%Ankush Mittal
Co-Founder & Chief Operating Officer
26JJG Machining Group
Manufacturer of small components for automotive & aerospace industry
45Funding top 33%Moat top 45%Tech top 47%Market bottom 49%
All 8 signals ▾
Fundingtop 33%
Moattop 45%
Techtop 47%
Marketbottom 49%
Fin. healthbottom 49%
Talentbottom 49%
Growthbottom 46%
Globalbottom 37%
Funding: Raised $12.0M across 2 rounds · 2 rounds over 2 yrs (1.0/yr)
Moat: Top 45% by revenue among 3366 tracked Manufacturing Services companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 45/100
$7M
FY2025
$12M4 mo ago-19%109
109 → 263 (+141%) · sector median +32%
Anuj Jhunjhunwala
CEO & Managig Director
27Bidso
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
$5M
FY2025
$9M2 mo ago+446%23Vivek Singhal
Co-Founder
1 launch
28Machine Maze
Provider of outsourced manufacturing solutions for OEMs
62Growth top 21%Moat top 24%Innovation top 34%Talent top 38%
All 10 signals ▾
Growthtop 21%
Moattop 24%
Innovationtop 34%
Talenttop 38%
Techtop 43%
Producttop 43%
Marketbottom 49%
Fin. healthbottom 46%
Fundingbottom 42%
Globalbottom 37%
Growth: Headcount 27 → 52 (+93%) across vintages · Revenue +91% YoY
Moat: Top 10% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 62/100
$4M
FY2025
$3M14 mo ago+91%52
52 → 63 (+21%) · sector median +32%
Sundaresan Yogeshwaran
Co-Founder
29Ripik.AI
Developer of computer vision platform and AI agents for industries
74Moat top 20%Growth top 21%AI top 30%Funding top 34%
All 9 signals ▾
Moattop 20%
Growthtop 21%
AItop 30%
Fundingtop 34%
Techtop 40%
Markettop 44%
Fin. healthtop 49%
Talentbottom 49%
Globalbottom 37%
Moat: Top 13% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 7/10
Growth: Headcount 42 → 84 (+100%) across vintages · Revenue +96% YoY
rank vs industry peers · Fliar Intelligence Index 74/100
$3M
FY2025
$14M20 mo ago+96%84
84 → 88 (+5%) · sector median +32%
Pinak Dattaray
Founder & CEO
1 job opening
30Distil
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
$3M8 mo ago+101795%Atanuu Agarrwal
Co-Founder & CEO
1 job opening
31Ethereal Machines
Provider of on demand manufacturing services for industrial machines
64Growth top 21%Moat top 29%Funding top 31%Talent top 38%
All 10 signals ▾
Growthtop 21%
Moattop 29%
Fundingtop 31%
Talenttop 38%
Techtop 40%
Markettop 48%
Producttop 49%
Fin. healthbottom 46%
Globalbottom 39%
Newsbottom 22%
Growth: Headcount 56 → 93 (+66%) across vintages · Revenue +165% YoY
Moat: Top 17% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 7/10
rank vs industry peers · Fliar Intelligence Index 64/100
$2M
FY2025
$24M1 mo ago+165%93
93 → 122 (+31%) · sector median +32%
Navin Jain
Co-Founder
1 award
32Bambrew
Manufacturer and supplier of biodegradable plant‑fiber sustainable packaging products
27Moat top 34%Talent top 38%Funding top 41%Tech top 44%
All 9 signals ▾
Moattop 34%
Talenttop 38%
Fundingtop 41%
Techtop 44%
Growthbottom 42%
Marketbottom 40%
Newsbottom 40%
Globalbottom 39%
Fin. healthbottom 18%
Moat: Top 27% by revenue among 52 tracked Packaging Tech companies · Editorial + unicorn rating 7/10
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 27/100
$1M
FY2025
$12M11 mo ago-49%36
36 → 37 (+3%) · sector median +32%
Kunal Prasad
Co Founder
1 job opening · 1 partnership
33Wootz.work
Manufacturer of custom engineered components, equipment, fabrications, and integrated systems
22Talent top 38%Funding top 39%Tech top 48%Growth bottom 46%
All 9 signals ▾
Talenttop 38%
Fundingtop 39%
Techtop 48%
Growthbottom 46%
Newsbottom 42%
Moatbottom 42%
Globalbottom 37%
Marketbottom 25%
Fin. healthbottom 22%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $3.5M across 2 rounds · 2 rounds over 3 yrs (0.7/yr)
rank vs industry peers · Fliar Intelligence Index 22/100
$1M
FY2025
$4M5 mo ago-13%19
19 → 43 (+126%) · sector median +32%
Himanshu Uniyal
Co-Founder
34Proxgy
Manufacturer of industrial internet of things safety gear and wearables
27Funding top 40%Moat top 42%AI top 45%Talent bottom 49%
All 11 signals ▾
Fundingtop 40%
Moattop 42%
AItop 45%
Talentbottom 49%
Productbottom 45%
Newsbottom 42%
Marketbottom 41%
Growthbottom 40%
Globalbottom 37%
Fin. healthbottom 30%
Techbottom 29%
Funding: Raised $5.7M across 7 rounds · 7 rounds over 5 yrs (1.4/yr)
Moat: Top 36% by revenue among 257 tracked Construction Tech companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 27/100
$1M
FY2025
$6M2 mo ago25Pulkit Ahuja
Founder & CEO
4 signals ▼56%
Funding · Announcements
1 job opening
35Neewee
AI powered predictive data analytics and production management software for manufacturing companies
40Talent top 28%Moat top 29%Funding top 39%Tech top 43%
All 11 signals ▾
Talenttop 28%
Moattop 29%
Fundingtop 39%
Techtop 43%
AItop 45%
Innovationtop 47%
Productbottom 48%
Marketbottom 41%
Growthbottom 40%
Globalbottom 37%
Fin. healthbottom 17%
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Moat: Top 29% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 7/10
rank vs industry peers · Fliar Intelligence Index 40/100
$784K
FY2025
$9M6 mo ago-30%62
62 → 74 (+19%) · sector median +32%
Nataraj Soorkod
Co-Founder & CTO
1 launch · 1 partnership
36DATOMS
Datoms empowers machine manufacturers to effortlessly launch, differentiate, and sustain a portfolio of…
50Talent top 28%Growth top 29%News top 33%Moat top 38%
All 10 signals ▾
Talenttop 28%
Growthtop 29%
Newstop 33%
Moattop 38%
Techtop 39%
Fundingtop 43%
Productbottom 48%
Globalbottom 39%
Fin. healthbottom 38%
Marketbottom 37%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Growth: Headcount 35 → 45 (+29%) across vintages · Revenue +78% YoY
rank vs industry peers · Fliar Intelligence Index 50/100
$683K
FY2025
$2M3 mo ago+78%45
45 → 81 (+80%) · sector median +32%
Amrit Biswal
Co-Founder
4 signals
Funding
37Isler
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
$496K
FY2025
$5M11 mo ago-46%Pravesh Kumar
Co-Founder & CEO
3 job openings · 1 launch
38Wendor
Manufacturer and supplier of smart vending machines with cashless payment options
19Tech top 23%Product top 49%Funding bottom 49%Talent bottom 49%
All 9 signals ▾
Techtop 23%
Producttop 49%
Fundingbottom 49%
Talentbottom 49%
Globalbottom 37%
Growthbottom 35%
Marketbottom 29%
Newsbottom 18%
Fin. healthbottom 13%
Tech: 46 technologies across 6/8 capability areas · Cloud: Cloudflare, Vercel
Product: 5 published apps (3.5k installs) · Company stage: Seed
rank vs industry peers · Fliar Intelligence Index 19/100
$323K
FY2025
$2M14 mo ago-36%Lakshit Anand
Co-Founder
39Intellithink
Provider of IoT interfaced equipment maintenance platform
53AI top 20%News top 21%Growth top 25%Talent top 41%
All 11 signals ▾
AItop 20%
Newstop 21%
Growthtop 25%
Talenttop 41%
Fundingtop 43%
Moattop 46%
Techbottom 45%
Productbottom 45%
Globalbottom 37%
Marketbottom 34%
Fin. healthbottom 33%
AI: Classified as an AI company
News: 7 BI events in 12 mo (of 7 tracked, 2 types) · 6 high-value events (IPO/M&A/funding/contracts) in 12 mo
rank vs industry peers · Fliar Intelligence Index 53/100
$250K
FY2025
$3M2 mo ago+26%26Sri Venugopal
Founder & CEO
7 signals
Funding · Capital raise
40NTWIST
Machine learning based business process improvement and data analytics platform
64Growth top 20%Talent top 22%Product top 32%Innovation top 34%
All 10 signals ▾
Growthtop 20%
Talenttop 22%
Producttop 32%
Innovationtop 34%
AItop 35%
Techtop 40%
Fin. healthtop 47%
Fundingtop 48%
Globalbottom 40%
Marketbottom 21%
Growth: Revenue +93% YoY · Fresh capital in last 24 mo
Talent: Analyst team rating 5/5 · 4 named leaders on record
rank vs industry peers · Fliar Intelligence Index 64/100
$206K
FY2025
$727K1 mo ago+93%19Siddhartha Varma
Co-Founder & CTO
41Fabheads
Designing and prototyping services for 3D printing products
13Funding top 43%Tech top 50%Talent bottom 49%Moat bottom 47%
All 9 signals ▾
Fundingtop 43%
Techtop 50%
Talentbottom 49%
Moatbottom 47%
Globalbottom 37%
Growthbottom 34%
Marketbottom 30%
Newsbottom 26%
Fin. healthbottom 11%
Funding: Raised $3.4M across 7 rounds · 7 rounds over 8 yrs (0.9/yr)
Tech: 16 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Cloudflare
rank vs industry peers · Fliar Intelligence Index 13/100
$168K
FY2025
$3M14 mo ago-59%58
58 → 56 (-3%) · sector median +32%
Dhinesh Kanagaraj
Founder & CEO
42Chara
Manufacturer of rare-earth free motor systems and intelligent motor controllers
29News top 25%Talent top 28%Growth top 44%Funding top 48%
All 9 signals ▾
Newstop 25%
Talenttop 28%
Growthtop 44%
Fundingtop 48%
Moattop 48%
Techtop 50%
Globalbottom 37%
Marketbottom 36%
Fin. healthbottom 12%
News: 5 BI events in 12 mo (of 12 tracked, 4 types) · 4 high-value events (IPO/M&A/funding/contracts) in 12 mo
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 29/100
$123K
FY2025
$8M15 mo ago-55%75
75 → 100 (+33%) · sector median +32%
Ravi Prasad
Co-Founder
5 signals
Funding · Announcements
43Ecolibrium
Provider of AI-powered platform for optimizing industrial equipment and portfolio performance
24Tech top 38%Funding top 44%AI top 45%Talent bottom 49%
All 10 signals ▾
Techtop 38%
Fundingtop 44%
AItop 45%
Talentbottom 49%
Productbottom 45%
Globalbottom 43%
Marketbottom 34%
Growthbottom 33%
Newsbottom 27%
Fin. healthbottom 12%
Tech: 36 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Cloudflare
Funding: Raised $5.4M across 11 rounds · 11 rounds over 15 yrs (0.7/yr)
rank vs industry peers · Fliar Intelligence Index 24/100
$99K
FY2025
$5M15 mo ago-37%66
66 → 131 (+98%) · sector median +32%
Chintan Soni
Co-Founder & CEO
44Zerocircle
Manufacturer of algae based barrier coatings for food contact packaging
10Talent top 38%Tech top 41%Funding top 46%Global bottom 37%
All 9 signals ▾
Talenttop 38%
Techtop 41%
Fundingtop 46%
Globalbottom 37%
Moatbottom 37%
Growthbottom 25%
Marketbottom 20%
Newsbottom 17%
Fin. healthbottom 10%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Tech: 31 technologies across 4/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 10/100
$36K
FY2025
$300K4 mo ago-85%Varun Jain
Co-Founder
2 launchs
45Workroom
Centralized platform for manufacturers to automate workflows
45Growth top 12%Funding top 46%Fin. health top 46%Talent bottom 49%
All 8 signals ▾
Growthtop 12%
Fundingtop 46%
Fin. healthtop 46%
Talentbottom 49%
Techbottom 45%
Globalbottom 45%
Moatbottom 41%
Marketbottom 19%
Growth: Revenue +541% YoY · Fresh capital in last 24 mo
Funding: Raised $661k across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 45/100
$30K
FY2025
$661K2 mo ago+541%Rohan Agarwal
Co-Founder
46Quintrans
Provider of a soon-to-launch transportation platform
6Talent top 38%Funding bottom 49%Global bottom 36%Tech bottom 29%
All 6 signals ▾
Talenttop 38%
Fundingbottom 49%
Globalbottom 36%
Techbottom 29%
Marketbottom 10%
Fin. healthbottom 8%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $750k across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 6/100
$5K
FY2025
$750K6 mo agoPrasanna Kadambi
Co-Founder & CTO
47ARISE IIP
Provider of industrial ecosystems development services
60Moat top 22%Funding top 25%Growth top 40%Tech top 43%
All 10 signals ▾
Moattop 22%
Fundingtop 25%
Growthtop 40%
Techtop 43%
Fin. healthtop 45%
Partnerstop 45%
Markettop 46%
Talentbottom 49%
Globalbottom 48%
Newsbottom 40%
Moat: Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $85.0M across 2 rounds · 2 rounds over 6 yrs (0.3/yr)
rank vs industry peers · Fliar Intelligence Index 60/100
$85M9 mo ago142Gagan Gupta
Co-Founder & CEO
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
$6M1 mo agoNarahari Payala
Founder
49GrevoroPlatformsPvt.
Provider of industrial operating system integrating manufacturing, materials, and capital
32Talent top 38%Funding bottom 48%Global bottom 34%
All 3 signals ▾
Talenttop 38%
Fundingbottom 48%
Globalbottom 34%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $4.7M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 32/100
$5M3 mo agoVijayanand Kumar
Co-Founder & CEO
2 job openings · 1 partnership
50iDO 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
$4M4 mo agoAshita Gupta
Co-Founder

Top 12 Industrial Goods and Manufacturing companies in India

#1
Zetwerk 🦄
Series F · Bengaluru, Karnataka · founded 2018 · 1 employees
$697.6Mraised

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.

Fliar Intelligence Index™ 80how this company ranks against its industry peers
Funding
top 9%
Moat
top 17%
Talent
top 21%
Tech
top 24%
Partners
top 26%
Market
top 34%
Funding: Raised $698M across 19 rounds · 19 rounds over 8 yrs (2.4/yr) · Last round Series F (Mar 2026)
Moat: Top 1% by revenue among 449 tracked B2B E-Commerce companies · Editorial + unicorn rating 9/10 · Unicorn
Talent: 5 named leaders on record · 5 C-suite/founder profiles curated · 5 leadership moves in 12 mo
Audience (LinkedIn): 122k LinkedIn followers — 10.9% of this cohort's audience · 428 engagements/post (9.2× cohort median)
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Mar 2026Series F$52.8M
  • Jul 2025Series F$76.6M
  • Jul 2025Conventional Debt$8.7M
  • Mar 2025Series F$14.9M
Founders & team
Ankit FatehpuriaCo-Founder & CFOVishal ChaudharyCo-FounderAmrit AcharyaCo-Founder & CEO
Investors
Innoven Capital, Greenoaks, Iconiq Capital, IIFL Finance, Steadview, Avenir Growth Capital
Tech stack
Amazon S3Amazon Web ServicesAngularApple Icloud MailAws Certificate ManagerCloudflare
#2
Series B · Bengaluru, Karnataka · founded 2016 · 93 employees
$23.5Mraised

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 to upload CAD files for quotes generation. It also offer material guidance, design optimization, and full sub-assembly services.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Growth
top 21%
Moat
top 29%
Funding
top 31%
Talent
top 38%
Tech
top 40%
Market
top 48%
Growth: Headcount 56 → 93 (+66%) across vintages · Revenue +165% YoY · Web rank 5,000,000 → 10,000,000 YoY
Moat: Top 17% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Funding: Raised $23.5M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) · Last round Series B (Apr 2026)
Audience (LinkedIn): 25k LinkedIn followers — 2.3% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Apr 2026Series B$28.5M
  • Jun 2024Series A$13M
  • Jul 2023Seed$7.3M
  • 2022Grant (prize money)
Founders & team
Navin JainCo-FounderKaushik MuddaCo-Founder & CEO
Investors
Venture Catalysts, T2D3 Capital, Blume Venture, Finvolve, A&E Investments, SAB Holding
Tech stack
Animate.CssCloudflareCloudflare Bot ManagementCloudflare Browser InsightsConvertflowCookieyes
#3
Late Stage · Kochi, Kerala · founded 1990 · 1723 employees
$37.5Mraised

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 solutions delivered under the same roof that makes the monitoring and management of your product lifecycle far simpler.

Fliar Intelligence Index™ 74how this company ranks against its industry peers
Product
top 22%
Talent
top 23%
Funding
top 24%
News
top 24%
Market
top 27%
Fin. health
top 32%
Product: 12 distinct product lines · Company stage: PE
Talent: 5 named leaders on record · 5 C-suite/founder profiles curated
Funding: Raised $37.5M across 2 rounds · 2 rounds over 20 yrs (0.1/yr) · Last round PE (Mar 2026)
Audience (LinkedIn): 82k LinkedIn followers — 7.4% of this cohort's audience
Hiring (LinkedIn): 5 hiring posts in 12 mo (public) · momentum +5 · hiring: HR Generalist, Assistant Manager – BDG
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Mar 2026PE$82M
  • Jan 2013Unattributed
  • May 2011PE$37.5M
  • Sep 2007PE
Founders & team
Javad HassanFounder & ChairmanNagoor RawtherManaging DirectorJacob PappenCo-CEO
Investors
Franklin Templeton India, True North, Darby Overseas Investments, Infrastructure Leasing & Financial Services, Asia Mezzanine Capital Group, Trident Growth Partners
Tech stack
BootstrapCdnjsCloudflareCore-JsFont AwesomeGoogle Analytics
#4
Series A · Gurugram, Haryana · founded 2023 · 79 employees
$21.5Mraised

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

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Moat
top 27%
Tech
top 28%
Funding
top 29%
Growth
top 33%
Talent
top 38%
Market
top 46%
Moat: Top 13% by revenue among 449 tracked B2B E-Commerce companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Tech: 36 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud · Observability: Sentry
Funding: Raised $21.5M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) · Last round Series A (Feb 2026)
Audience (LinkedIn): 11k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Senior Designer
Funding rounds
  • Feb 2026Series A$1.3M
  • Jun 2024Series A$18M
  • Jun 2024Conventional Debt
  • Mar 2023Seed$3.5M
Founders & team
Ritesh KhandelwalCo-FounderAnkit JaipuriaCo-Founder & CEO
Investors
Panthera Peak Capital, True Alpha, Alteria Capital, Manufamily, Lightspeed, FJ Labs
Tech stack
BootstrapCdnjsCloudflareFont AwesomeGoogle AnalyticsGoogle Font Api
#5
Acquired · Coimbatore, Tamil Nadu · founded 2004 · 61 employees
$32.8Mraised

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.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Funding
top 22%
Fin. health
top 27%
Moat
top 30%
Market
top 39%
Growth
top 42%
News
top 45%
Funding: Raised $32.8M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round PE (Feb 2026)
Fin. health: Revenue ~$82.9M (FY2019) · Net margin 6.8% · Revenue +23% YoY
Moat: Top 4% by revenue among 3366 tracked Manufacturing Services companies · Editorial + unicorn rating 1/10
Audience (LinkedIn): 6k LinkedIn followers
Funding rounds
  • Feb 2026PE$32.8M
Investors
Premji Invest
Tech stack
Apache Http ServerBootstrapCdnjsCloudflareGodaddyGoogle Font Api
#6
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
#7
Series D · India · founded 2010 · 142 employees
$85Mraised

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 includes integrated logistics services.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
Moat
top 22%
Funding
top 25%
Growth
top 40%
Tech
top 43%
Fin. health
top 45%
Partners
top 45%
Moat: Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $85.0M across 2 rounds · 2 rounds over 6 yrs (0.3/yr) · Last round Series D (Sep 2025)
Growth: Headcount 99 → 142 (+43%) across vintages · Fresh capital in last 24 mo
Audience (LinkedIn): 170k LinkedIn followers — 15.3% of this cohort's audience
Funding rounds
  • Sep 2025Series D
  • May 2025Series D$100M
  • Nov 2022Series C$85M
  • Jan 2020Seed
Founders & team
Gagan GuptaCo-Founder & CEO
Investors
A.P. Moller Capital, Afreximbank, African Development Bank Group, Vision Invest, Olam Agro, British International Investment
Tech stack
Apache Http ServerBootstrapCloudflareCloudflare Bot ManagementFont AwesomeGoogle Analytics
#8
Series B · Kolkata, West Bengal · founded 2017 · 79 employees
$10Mraised

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.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Moat
top 28%
Growth
top 32%
Funding
top 33%
Talent
top 34%
Fin. health
top 35%
Product
top 36%
Moat: Top 15% by revenue among 13 tracked Materials Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Growth: Headcount 47 → 79 (+68%) across vintages · Revenue +75% YoY · Fresh capital in last 24 mo
Funding: Raised $10.0M across 4 rounds · 4 rounds over 7 yrs (0.6/yr) · Last round Series B (Mar 2026)
Audience (LinkedIn): 35k LinkedIn followers — 3.1% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Mar 2026Series B$8.5M
  • Sep 2024Conventional Debt
  • Dec 2023Series A$6M
  • Nov 2021Seed$2.4M
Founders & team
Aakash ShahCo-Founder & DirectorNaman ShahCo-Founder & CEO
Investors
Orios Venture Partners, Ie Venture, Crimson, Info Edge Ventures, Nipha Finance and Reality, 100Unicorns
Tech stack
Amazon S3Amazon Web ServicesAmplitudeAnimate.CssBootstrapCart Functionality
#9
Series A · Gurugram, Haryana · founded 2020 · 25 employees
$5.7Mraised

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 through connected hardware and artificial intelligence tools.

Fliar Intelligence Index™ 27how this company ranks against its industry peers
Funding
top 40%
Moat
top 42%
AI
top 45%
Talent
bottom 49%
Product
bottom 45%
News
bottom 42%
Funding: Raised $5.7M across 7 rounds · 7 rounds over 5 yrs (1.4/yr) · Last round Angel (Mar 2026)
Moat: Top 36% by revenue among 257 tracked Construction Tech companies · Editorial + unicorn rating 4/10 · 10 curated direct competitors tracked
AI: Product described with: artificial intelligence
Audience (LinkedIn): 14k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Polymer Materials Consultant
Funding rounds
  • Mar 2026Angel$212.9K
  • Sep 2024Series A$3M
  • Jul 2023Seed$2M
  • Nov 2022Seed$249.6K
Founders & team
Pulkit AhujaFounder & CEO
Investors
Madhu Buildtech, Ndx Financial, Resimpex Real Estate, Dolce Vita Advisors, Culture Cap, LetsVenture
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAws Certificate ManagerCdnjsCloudflare
#10
Series A · Hyderabad, Telangana · founded 1992
$5.4Mraised

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

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Fin. health
top 25%
Talent
top 28%
Moat
top 34%
Innovation
top 36%
Product
top 36%
Market
top 37%
Fin. health: Revenue ~$42.7M (FY2022) · Net margin 9.2% · Revenue 7.9x total funding
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 9% by revenue among 43 tracked Aircraft Parts and Sub Component Manufacturers companies · Editorial + unicorn rating 1/10
Audience (LinkedIn): 30k LinkedIn followers — 2.7% of this cohort's audience
Hiring (LinkedIn): 5 hiring posts in 12 mo (public) · momentum +3 · hiring: Brand Associate, Team Lead
Funding rounds
  • Apr 2026Series A$4.6M
  • Sep 2024Series A$5.5M
  • Dec 2023Unattributed$899.6K
  • May 2023Unattributed$2M
Founders & team
G ThrimurthuluFounderUpendra TummalaCEOVamsi GanesulaManaging Director
Investors
Lakshmiindiaholdings, OM Management, Hills Mooresville, Sreeda, Hishine Inks, Serole
Tech stack
Apache Http ServerGodaddyHttp/3JqueryLenisMicrosoft 365
#11
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
#12
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

Funding & investor landscape

$3.9Btotal disclosed funding
281companies funded
647disclosed rounds
12rounds last 90 days
Most active investors
Europa20 rounds
Forge12 rounds
Accel11 rounds
IIT Mandi Catalyst11 rounds
LetsVenture11 rounds
Angel List10 rounds
IIMA Ventures10 rounds
Ministry of Electronics & Information Technology10 rounds
Startup Karnataka10 rounds
Stride Ventures9 rounds

Notable founders

Ankit Fatehpuria
Co-Founder & CFO · Zetwerk
Vishal Chaudhary
Co-Founder · Zetwerk
Navin Jain
Co-Founder · Ethereal Machines
Kaushik Mudda
Co-Founder & CEO · Ethereal Machines
Javad Hassan
Founder & Chairman · SFO Technologies
Nagoor Rawther
Managing Director · SFO Technologies
Ritesh Khandelwal
Co-Founder · ZYOD
Ankit Jaipuria
Co-Founder & CEO · ZYOD
Vivek Singhal
Co-Founder · Bidso
Aditya Krishnakumar
Co-Founder · Bidso
Gagan Gupta
Co-Founder & CEO · ARISE IIP
Aakash Shah
Co-Founder & Director · NowPurchase
Prism market signals · India · country-scoped Prism corpus, 1,107,219 docs

Market landscape — 10 sub-themes by coverage

Share of Industrial Goods and Manufacturing coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · India

How research on Additive Manufacturing / 3D Printing is moving in India

A read on the academic research around Additive Manufacturing / 3D Printing — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 2,449 India-affiliated papers.

research sentiment over time
201620212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 48% → 68% across 2016–2026.
top research entities
  • Vellore Institute of Technology University112
  • Saveetha University56
  • Indian Institute of Technology Delhi53
  • Indian Institute of Technology Madras52
  • Chandigarh University50
leading researchers
Rupinder Singh · Ranvijay Kumar · Abid Haleem · Prashant K. Jain · Mohd Javaid · Harish Kumar · Raman Kumar · Balasubramanian Kandasubramanian
Breakthroughs301 · 12%
▼ 15%→12% share
▼0.8× share momentum2 median citations80% since 2021mostly methods-led
Composite-material breakthroughs are surging — Indian AM papers on composites rose from 1 to 33 since tracking began.
rising sub-themes (early→recent)
  • 3d printed2→39
  • Composite material1→33
  • Nanotechnology1→27
  • Fused deposition modeling3→22
  • Mechanical engineering2→17
Newly emergingFabrication 0→38 · Extrusion 0→28 · Fused filament fabrication 0→16
Landmark Biobased Acrylate Photocurable Resin Formulation for Stereolithography 3D Printing · 268 cites
Advancements1,422 · 58%
▲ 55%→59% share
▲1.1× share momentum3 median citations80% since 2021mostly empirical
Fused deposition modeling advancements are intensifying — Indian institutional papers grew from 19 to 220, dominating the segment.
rising sub-themes (early→recent)
  • Composite material12→259
  • Fused deposition modeling19→220
  • 3d printed2→162
  • Ultimate tensile strength7→148
  • Mechanical engineering2→115
Newly emergingPolylactic acid 0→70 · Process engineering 0→47 · Alloy 0→38
Landmark A critical review on additive manufacturing of Ti-6Al-4V alloy: microstructure and mechanical properties · 539 cites
Concerns236 · 10%
▼ 11%→10% share
▼0.9× share momentum5 median citations80% since 2021mostly reviews
Nanotechnology concern research is newly emerging — jumping from zero to 29 papers, signalling fresh safety and reliability scrutiny.
rising sub-themes (early→recent)
  • 3d printed1→41
  • Fused deposition modeling3→30
  • Composite material1→23
  • Mechanical engineering1→18
  • Composite number1→10
Newly emergingNanotechnology 0→29 · Manufacturing engineering 0→18 · Fabrication 0→14
Landmark Printability and Shape Fidelity of Bioinks in 3D Bioprinting · 1,166 cites
RESEARCH HOTSPOTS · India

Where additive manufacturing is researched across India

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Delhi-NCR158 · +0.40
Hot · 3D printingAdvancing · MachiningOpportunity · AlloyConcern · Molding (decorative)
Chennai111 · +0.50
Hot · 3D printingAdvancing · Composite numberOpportunity · MicrostructureConcern · Ceramic
Pune66 · +0.48
Hot · 3D printingAdvancing · Biomedical engineeringOpportunity · Fabrication
Mumbai63 · +0.54
Hot · PhotopolymerAdvancing · FabricationOpportunity · PolymerConcern · 3D printing
Bengaluru55 · +0.46
Hot · Self-healing hydrogelsAdvancing · 3D bioprintingOpportunity · 3d printedConcern · Ultimate tensile strength
Hyderabad49 · +0.45
Hot · SoftwareAdvancing · Fused filament fabricationOpportunity · MicrostructureConcern · 3D printing
Kharagpur43 · +0.46
Hot · InkwellAdvancing · Raster graphicsOpportunity · NanotechnologyConcern · Selective laser melting
Roorkee23 · +0.40
Hot · Polylactic acidAdvancing · Composite numberOpportunity · Composite material
Guwahati19 · +0.31
Hot · Composite numberAdvancing · Composite materialOpportunity · FabricationConcern · 3D printing
Kanpur17 · +0.44
Hot · MicrostructureAdvancing · Grain sizeOpportunity · Ultimate tensile strength
PATENT SIGNAL · India

Who's filing additive manufacturing patents in India

India additive manufacturing patent filing is accelerating — 230 filings from 307 assignees (2016–2025), led by Fabheads Automation, Tata Consultancy Services, Agnikul Cosmos; annual filings 2→26.

230 filings307 assigneespeak 40/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Fabheads Automation32
  • Tata Consultancy Services15
  • Agnikul Cosmos11
  • CSIR11
  • Indian Institute TECH Delhi10
  • Pandorum TECH10
  • BONE Substitutes9
  • Thinkmetal8

Common 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.
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.

Coming soon