Radar · Industrial Goods and Manufacturing in Mumbai
Best Industrial Goods and Manufacturing Companies in Mumbai, India
The 589 best Industrial Goods and Manufacturing companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Alok Industries.
By Riya SenguptaFinancials
589companies tracked
$552.1Mdisclosed funding
1unicorns
34have raised
FLIAR INTELLIGENCE · INDUSTRIAL GOODS AND MANUFACTURING × MUMBAI
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
535kcombined LinkedIn audience
60%of audience held by top 3
5companies hiring publicly (12 mo)
Ranked: Best Industrial Goods and Manufacturing companies in Mumbai
| # | Company | Revenue | Disclosed funding | Revenue YoY | Employees | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | PDS 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 | $51M | +21% | 162 | Deepak Seth Founder & Chairman | WordPressApple iCloud MailMicrosoft 365+28 | — |
| 2 | CG Power & Industrial Solutions Manufacturer of Industrial and Consumer Electric Equipment | $985M FY2024 | — | +16% | 3,337 3,337 → 5,261 (+58%) · sector median +4% | Natarajan Srinivasan CEO & Managing Director | PHPUbuntuCodeIgniter+10 | 1 job opening |
| 3 | JSW 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 | $25M | +180% | 186 | Gaurav Sachdeva CEO | TurbopackNode.jsNextAuth.js+21 | 1 launch |
| 4 | Alok Industries Manufacturer of textiles 69Innovation top 9%Talent top 23%Market top 24%Moat top 24% All 11 signals ▾Innovationtop 9% Talenttop 23% Markettop 24% Moattop 24% Producttop 26% Fundingtop 27% Newstop 31% Fin. healthbottom 49% Techbottom 33% Growthbottom 32% Globalbottom 32% Innovation: 8 new-product events in 24 mo Talent: 6 named leaders on record · 6 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 69/100 | $452M FY2025 | $129M | -31% | 4,019 4,019 → 3,635 (-10%) · sector median +4% | Sapan Mukerjee Co-CEO | BootstrapSwiperjQuery+4 | — |
| 5 | HFL Manufacturer of convenience foods and personal care products 62Market top 26%Fin. health top 27%Moat top 29%Funding top 34% All 9 signals ▾Markettop 26% Fin. healthtop 27% Moattop 29% Fundingtop 34% Growthtop 36% Newstop 38% Talentbottom 49% Globalbottom 37% Techbottom 16% Market: 764 employees (top 8% of Industrial Goods and Manufacturing) · Revenue ~$423M Fin. health: Revenue ~$423M (FY2019) · Net margin 3.8% rank vs industry peers · Fliar Intelligence Index 62/100 | $423M FY2025 | $23M | +30% | 764 | Sameer Kothari CEO | PHPBootstrapGSAP+6 | — |
| 6 | VVF Manufactures consumer goods and processed food products 78Market top 17%Fin. health top 18%Innovation top 20%Talent top 23% All 11 signals ▾Markettop 17% Fin. healthtop 18% Innovationtop 20% Talenttop 23% Moattop 29% Producttop 30% Fundingtop 42% Growthtop 49% Globalbottom 37% Newsbottom 27% Techbottom 15% Market: 535 employees (top 11% of Industrial Goods and Manufacturing) · Revenue ~$326M Fin. health: Revenue ~$326M (FY2021) · Net margin 50.7% rank vs industry peers · Fliar Intelligence Index 78/100 | $326M FY2025 | $41M | +25% | 535 | Faraz Godrej Joshi Co-Founder | — | — |
| 7 | Gayatrishakti Paper & Boards Manufacturer of packaging paper and boards 62Innovation top 20%Market top 24%Product top 36%Fin. health top 37% All 8 signals ▾Innovationtop 20% Markettop 24% Producttop 36% Fin. healthtop 37% Fundingbottom 39% Growthbottom 39% Globalbottom 36% Techbottom 34% Innovation: 5 product lines Market: 1,150 employees (top 6% of Industrial Goods and Manufacturing) · Revenue ~$114M rank vs industry peers · Fliar Intelligence Index 62/100 | $114M FY2025 | $4M | +9% | 1,150 | — | WordPressMySQLPHP+20 | — |
| 8 | Rent Alpha Online B2B rental platform offering heavy machinery and other equipment 72Fin. health top 16%Moat top 22%Growth top 26%Talent top 28% All 8 signals ▾Fin. healthtop 16% Moattop 22% Growthtop 26% Talenttop 28% Fundingtop 38% Markettop 46% Globalbottom 39% Techbottom 34% Fin. health: Revenue ~$86.1M (FY2021) · Net margin 54.6% Moat: Top 2% by revenue among 257 tracked Construction Tech companies · Editorial + unicorn rating 6/10 rank vs industry peers · Fliar Intelligence Index 72/100 | $86M FY2025 | $36M | +46% | 39 | Jinesh Jain Co-Founder & CEO | — | — |
| 9 | Safex Fire Manufacturer and supplier of fire safety equipment | $67M FY2025 | — | +24% | — | Tejas Shah CEO | WordPressMySQLNode.js+30 | — |
| 10 | Tema Manufacturer of equipment tailored for high-pressure, high-temperature, extremely corrosive, hazardous, and… 55Product top 22%Fin. health top 26%Funding top 37%Moat top 37% All 11 signals ▾Producttop 22% Fin. healthtop 26% Fundingtop 37% Moattop 37% Markettop 38% Techtop 47% Growthbottom 48% Talentbottom 45% Globalbottom 36% Innovationbottom 31% Patentsbottom 25% Product: 8 distinct product lines · Company stage: PE Fin. health: Revenue ~$64.0M (FY2024) · Net margin 14.7% rank vs industry peers · Fliar Intelligence Index 55/100 | $64M FY2025 | $20M | +33% | 92 | Haresh Sippy Founder | WordPressMySQLPHP+23 | — |
| 11 | Windals Precision Manufacturer and supplier of two wheel drive axle prodcuts | $48M FY2025 | $362K | -3% | 186 | Udaykumar Vinzanekar Founder & Managing Director | PleskPHPMicrosoft ASP.NET+14 | — |
| 12 | BTPL Contract manufacturer of fabrics and garments 32Funding top 31%Moat top 31%Market top 32%Talent bottom 49% All 9 signals ▾Fundingtop 31% Moattop 31% Markettop 32% Talentbottom 49% Newsbottom 47% Fin. healthbottom 40% Globalbottom 37% Growthbottom 23% Techbottom 21% Funding: Raised $43.6M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) Moat: Top 12% by revenue among 664 tracked Contract Manufacturers companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 32/100 | $44M FY2025 | $44M | -22% | 1,499 | Prashant Agarwal Managing Director | Apache HTTP ServerOWL CarouseljQuery+3 | 1 expansion |
| 13 | OPC Asset Solutions Provider of equipment leasing solutions | $42M FY2025 | $118K | +37% | 50 | — | ZohoLiteSpeedFont Awesome+6 | — |
| 14 | SAAM Textiles Contract manufacturer and supplier of textile and garment products | $38M FY2025 | $214K | +22% | 69 | Archana Bhargava Co-Founder | WordPress Block EditorElementorWordPress+26 | — |
| 15 | Rotex Manufacturer specializing in fluid control systems and automation solutions | $37M FY2025 | $49K | +5% | 635 635 → 481 (-24%) · sector median +4% | — | WordPressMySQLPHP+29 | 1 job opening |
| 16 | Oswal Valves Design and manufacturer of industrial valves 29Moat top 31%Market top 40%Fin. health top 48%Tech bottom 43% All 7 signals ▾Moattop 31% Markettop 40% Fin. healthtop 48% Techbottom 43% Growthbottom 35% Globalbottom 32% Fundingbottom 21% Moat: Top 5% by revenue among 633 tracked Industrial Automation Equipment companies · Editorial + unicorn rating 1/10 Market: 375 employees (top 14% of Industrial Goods and Manufacturing) · Revenue ~$36.9M rank vs industry peers · Fliar Intelligence Index 29/100 | $37M FY2025 | $1M | — | 375 | — | PHPYouTubeBootstrap+12 | — |
| 17 | Bulk MRO Online B2B platform for industrial supply 60Tech top 34%Product top 36%Talent top 38%Innovation top 39% All 11 signals ▾Techtop 34% Producttop 36% Talenttop 38% Innovationtop 39% Moattop 39% Fin. healthtop 40% Fundingtop 43% Markettop 45% Growthbottom 47% Globalbottom 39% Newsbottom 22% Tech: 40 technologies across 5/8 capability areas · Cloud: Cloudflare Product: 12 distinct product lines · Company stage: Series A rank vs industry peers · Fliar Intelligence Index 60/100 | $30M FY2025 | $7M | +14% | 101 101 → 131 (+30%) · sector median +4% | Gaurang Shah Co-Founder | RubyTinyMCERaphael+20 | — |
| 18 | Abhishri Packaging Contract manufacturer of luggage | $28M FY2025 | — | — | 2 | — | BootstrapLiteSpeedIsotope+7 | — |
| 19 | CORE 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 | $4M | +95% | — | Kumar Pranay CEO | PleskZohoWindows Server+10 | — |
| 20 | Uniclan Manufacturer of hygiene products 50Moat top 42%Tech top 43%Fin. health top 43%Market top 44% All 8 signals ▾Moattop 42% Techtop 43% Fin. healthtop 43% Markettop 44% Growthtop 47% Fundingbottom 46% Globalbottom 32% Newsbottom 18% Moat: Top 23% by revenue among 664 tracked Contract Manufacturers companies · Editorial + unicorn rating 1/10 Tech: 34 technologies across 4/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 50/100 | $20M FY2025 | $3M | — | 129 129 → 134 (+4%) · sector median +4% | — | WordPress Block EditorwpBakeryWordPress+29 | — |
| 21 | AAPL Solutions Manufacturer of pharmaceutical and consumer packaging | $19M FY2025 | — | +6% | 42 42 → 44 (+5%) · sector median +4% | — | WordPressMySQLPHP+21 | 1 job opening |
| 22 | Advance Cooling Tower Provider of FRP cooling tower manufacturer | $13M FY2025 | — | — | 70 | Trilok Mistry CEO & Managing Director | WordPressMySQLPHP+27 | — |
| 23 | Suditi 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 | $7M | +34% | 175 | — | Master SliderWordPressMySQL+20 | 1 expansion |
| 24 | Dynalog Provider of intelligent & turnkey automation solutions for various industries 35Moat top 39%Market top 43%Tech top 45%Growth bottom 44% All 7 signals ▾Moattop 39% Markettop 43% Techtop 45% Growthbottom 44% Fin. healthbottom 44% Globalbottom 30% Fundingbottom 27% Moat: Top 18% by revenue among 633 tracked Industrial Automation Equipment companies · Editorial + unicorn rating 1/10 Market: 151 employees (top 25% of Industrial Goods and Manufacturing) · Revenue ~$11.2M rank vs industry peers · Fliar Intelligence Index 35/100 | $11M FY2025 | $2M | -5% | 151 151 → 243 (+61%) · sector median +4% | — | Cart FunctionalityWooCommerceWordPress+28 | — |
| 25 | NRB Industrial Bearings Manufacturer of ball and roller bearings for industrial applications | $8M FY2025 | — | -12% | 274 274 → 230 (-16%) · sector median +4% | — | WordPressMySQLPHP+19 | 1 award |
| 26 | Inventys Custom based manufacturer of actives, crop protection, advanced intermediates, and specialty chemicals 42Innovation top 20%Product top 36%Talent top 38%Tech top 39% All 11 signals ▾Innovationtop 20% Producttop 36% Talenttop 38% Techtop 39% Moattop 42% Fundingtop 48% Marketbottom 42% Growthbottom 42% Globalbottom 32% Newsbottom 27% Fin. healthbottom 18% Innovation: 10 product lines Product: 10 distinct product lines · Company stage: Series A rank vs industry peers · Fliar Intelligence Index 42/100 | $4M FY2025 | $64M | -66% | 197 | Raghavan Srinivasan Co-Founder & Director | WordPressMySQLPHP+30 | — |
| 27 | AA Plus Tradelink Provider of network test and measurement solutions for engineering industries | $3M FY2025 | — | +4% | — | Rajkumar Singh Managing Director | — | — |
| 28 | Distil Manufacturer of specialty chemicals 53Growth top 12%Talent top 38%Funding top 39%Fin. health bottom 49% All 8 signals ▾Growthtop 12% Talenttop 38% Fundingtop 39% Fin. healthbottom 49% Globalbottom 39% Techbottom 36% Moatbottom 35% Marketbottom 33% Growth: Revenue +101795% YoY · Fresh capital in last 24 mo Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 53/100 | $2M FY2025 | $3M | +101795% | — | Atanuu Agarrwal Co-Founder & CEO | WebflowSwiperjQuery+7 | 1 job opening |
| 29 | Aavishkar Group Provider of end to end solutions for fabrication technology | $2M FY2025 | — | +63% | — | Amogh Gaikwad Owner | WordPressMySQLPHP+20 | — |
| 30 | Insightzz Provider of visual quality and asset inspection automation solutions for the manufacturing sector 40Moat top 28%Growth top 39%Talent top 45%Fin. health top 50% All 8 signals ▾Moattop 28% Growthtop 39% Talenttop 45% Fin. healthtop 50% Marketbottom 43% Techbottom 37% Globalbottom 36% Fundingbottom 30% Moat: Top 17% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 4/10 Growth: Headcount 64 → 92 (+44%) across vintages · Revenue +7% YoY rank vs industry peers · Fliar Intelligence Index 40/100 | $2M FY2025 | $227K | +7% | 92 | Bharat Salhotra Co Founder & President | Framer SitesYouTubeReact+8 | — |
| 31 | Atmosphere Online retail platform offering multi-category furniture 35Growth top 37%Tech bottom 49%Talent bottom 49%Fin. health bottom 44% All 9 signals ▾Growthtop 37% Techbottom 49% Talentbottom 49% Fin. healthbottom 44% Moatbottom 44% Fundingbottom 39% Globalbottom 37% Marketbottom 35% Newsbottom 21% Growth: Headcount 71 → 96 (+35%) across vintages · Revenue +8% YoY Tech: 37 technologies across 2/8 capability areas · Security: Http/3 rank vs industry peers · Fliar Intelligence Index 35/100 | $2M FY2025 | $660K | +8% | 96 96 → 57 (-41%) · sector median +4% | Nilesh Rathod Co-Founder | WordPress Block EditorElementorWordPress+33 | 1 partnership |
| 32 | Origa B2B marketplace platform for buying industrial machines and tools 50Tech top 28%Funding top 39%Growth top 41%Talent bottom 49% All 8 signals ▾Techtop 28% Fundingtop 39% Growthtop 41% Talentbottom 49% Productbottom 48% Globalbottom 45% Marketbottom 44% Fin. healthbottom 41% Tech: 25 technologies across 7/8 capability areas · Cloud: Amazon Ses, Amazon Web Services Funding: Raised $12.5M across 8 rounds · 8 rounds over 12 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $2M FY2024 | $13M | +18% | — | Shrirang Tambe Founder & CEO | TypeScriptGraphQLUbuntu+22 | — |
| 33 | Faclon Labs Provider of industrial data and AI platform for decision intelligence 53Moat top 30%Innovation top 34%Talent top 38%Tech top 39% All 11 signals ▾Moattop 30% Innovationtop 34% Talenttop 38% Techtop 39% Producttop 40% Fundingtop 45% AItop 45% Growthtop 49% Marketbottom 46% Globalbottom 39% Fin. healthbottom 24% Moat: Top 31% by revenue among 167 tracked Water and Wastewater Management Tech companies · Editorial + unicorn rating 7/10 Innovation: 5 product lines rank vs industry peers · Fliar Intelligence Index 53/100 | $1M FY2025 | $3M | -17% | 118 | Rishi Sharma Co-Founder & CEO | WebflowAmazon Web ServicesMicrosoft Clarity+19 | — |
| 34 | Assert AI Developer of computer vision software for real-time operational intelligence 55Talent top 28%AI top 30%Moat top 33%Growth top 35% All 11 signals ▾Talenttop 28% AItop 30% Moattop 33% Growthtop 35% Producttop 47% Fundingbottom 47% Marketbottom 45% Fin. healthbottom 43% Techbottom 38% Globalbottom 38% Newsbottom 18% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated AI: Classified as an AI company · Product described with: computer vision rank vs industry peers · Fliar Intelligence Index 55/100 | $965K FY2025 | $7M | +46% | 60 60 → 67 (+12%) · sector median +4% | Shalabh Shalabh Co-Founder & Head of North America | WordPressMySQLPHP+8 | — |
| 35 | Fibmold Provider of sustainable packaging solutions from compostable plastic 32Moat top 35%Growth top 39%Talent bottom 49%Funding bottom 46% All 9 signals ▾Moattop 35% Growthtop 39% Talentbottom 49% Fundingbottom 46% Techbottom 45% Marketbottom 38% Globalbottom 37% Fin. healthbottom 33% Newsbottom 22% Moat: Top 38% by revenue among 52 tracked Packaging Tech companies · Editorial + unicorn rating 7/10 Growth: Revenue +20% YoY rank vs industry peers · Fliar Intelligence Index 32/100 | $836K FY2025 | $10M | +20% | 28 28 → 21 (-25%) · sector median +4% | Param Gandhi Co-Founder & CEO | Webflowanime.jsGSAP+13 | — |
| 36 | Recube Provides eco friendly packaging products 45Talent top 25%Growth top 32%Fin. health top 49%Tech bottom 42% All 7 signals ▾Talenttop 25% Growthtop 32% Fin. healthtop 49% Techbottom 42% Fundingbottom 38% Globalbottom 33% Marketbottom 29% Talent: 6 named leaders on record Growth: Revenue +28% YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 45/100 | $745K FY2025 | $603K | +28% | 10 | Lokesh Sambhwani Co-Founder & Director | — | — |
| 37 | TranZact Provider of cloud-based software for streamlining manufacturing business processes 64Tech top 28%Talent top 28%Innovation top 33%Growth top 33% All 10 signals ▾Techtop 28% Talenttop 28% Innovationtop 33% Growthtop 33% Moattop 38% Producttop 40% Markettop 48% Fundingtop 48% Fin. healthbottom 41% Globalbottom 37% Tech: 33 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 64/100 | $700K FY2025 | $8M | +47% | 63 | Rohan Sen Sharma Co-Founder - Technology | Cart FunctionalityGoogle Sign-inElement UI+18 | — |
| 38 | Autosys Provider of industry manufacturing execution system 35Innovation top 34%Growth top 37%Product top 38%Moat top 38% All 10 signals ▾Innovationtop 34% Growthtop 37% Producttop 38% Moattop 38% Talenttop 38% Globalbottom 37% Marketbottom 33% Fin. healthbottom 32% Fundingbottom 31% Techbottom 30% Innovation: 5 product lines Growth: Headcount 31 → 36 (+16%) across vintages · Revenue +40% YoY rank vs industry peers · Fliar Intelligence Index 35/100 | $631K FY2025 | $514K | +40% | 36 | Satbir Banga Co-Founder | Ubuntuparticles.jsApache HTTP Server+7 | — |
| 39 | Accelus Robotics Manufacturer of CNC controllers and industrial panel PCs | $399K FY2025 | — | -1% | — | Hitesh Prajapati Managing Director | WordPressMySQLPHP+26 | — |
| 40 | Ador Multiproducts Manufacturer & supplier of personal care products | $334K FY2025 | — | -66% | — | Ninotchka Nagpal Chairman | WordPressMySQLPHP+17 | — |
| 41 | Eugenie.ai Provider of AI-driven emissions intelligence for industrial sustainability and operational efficiency | $93K FY2025 | $50K | -89% | 3,865 | Soudip Roy Chowdhury Founder | — | — |
| 42 | Entropy Innovations Manufacturer of automation machineries | $46K FY2025 | — | — | 11 | Raghavendra Bhushan Karn Co-Founder | — | — |
| 43 | Atsuya Provides solutions for tracking and monitoring temperature of assets 24Innovation top 23%Talent top 28%Product top 38%Tech bottom 35% All 10 signals ▾Innovationtop 23% Talenttop 28% Producttop 38% Techbottom 35% Moatbottom 35% Growthbottom 34% Globalbottom 32% Fundingbottom 29% Fin. healthbottom 27% Marketbottom 26% Innovation: 12 product lines · Deep-tech classification: Tech Hardware Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 24/100 | $27K FY2025 | $1M | -55% | 59 59 → 107 (+81%) · sector median +4% | Rahul Ganapathy Co-Founder | WordPress Block EditorWordPressMySQL+24 | 1 launch |
| 44 | ClairViz Systems Provider of performance and process analytic software | $6K FY2025 | $107K | -81% | — | Bharti Vermani Co-Founder | — | — |
| 45 | Uttam Galva Steels Manufactures cold rolled and galvanized steel 10Funding top 42%Growth bottom 42%Global bottom 37%Market bottom 35% All 8 signals ▾Fundingtop 42% Growthbottom 42% Globalbottom 37% Marketbottom 35% Newsbottom 27% Fin. healthbottom 20% Techbottom 15% Moatbottom 15% Funding: Raised $42.5M across 2 rounds · 2 rounds over 22 yrs (0.1/yr) Growth: Headcount 684 → 645 (-6%) across vintages rank vs industry peers · Fliar Intelligence Index 10/100 | — | $43M | — | 645 | — | — | — |
| 46 | Isotechpl Manufacturer of environmental test chambers and scientific instruments 57Innovation top 20%Growth top 45%Product top 46%Tech bottom 45% All 6 signals ▾Innovationtop 20% Growthtop 45% Producttop 46% Techbottom 45% Globalbottom 25% Fundingbottom 23% Innovation: 7 product lines rank vs industry peers · Fliar Intelligence Index 57/100 | — | $453K | — | — | — | WordPressMySQLPHP+14 | — |
Top 12 Industrial Goods and Manufacturing companies in Mumbai
#1
Series B · Mumbai, Maharashtra · founded 2020 · 186 employees$25Mraised▾
Series B · Mumbai, Maharashtra · founded 2020 · 186 employees
Online retailer of TMT, steel HR coil, and cement products. It facilitates online purchases of mild steel, structural steel, and cement. The platform provides options to manage addresses and plan purchases. Support is offered through various channels, including phone and email.
Fliar Intelligence Index™ 78how this company ranks against its industry peers
Moat
top 20%Fin. health
top 23%Funding
top 26%Market
top 27%Tech
top 27%Innovation
top 34%Moat: Top 1% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 7/10 · Unicorn
Fin. health: Revenue ~$471M (FY2021) · Net margin -5.5% · Revenue +180% YoY
Funding: Raised $25.0M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) · Last round Series B (Oct 2025)
Audience (LinkedIn): 60k LinkedIn followers — 11.2% of this cohort's audience
Activity (LinkedIn): 1 product launches · 1 expansions announced in 12 mo
Funding rounds
- Oct 2025Series B$26.5M
- May 2025Series B$40M
- Mar 2023Series A$25M
Founders & team
Investors
Mitsui, Principal Asset Management, One Up Financial Consultants, Satyug Technologies, Madox Ventures, SBI
Tech stack
BootstrapContentfulCore-JsEnvoyFacebook PixelGodaddy
#2
Public · Mumbai, Maharashtra · founded 1991 · 175 employees$6.6Mraised▾
Public · Mumbai, Maharashtra · founded 1991 · 175 employees
Suditi Industries limited is a manufacturer of fabrics. The company specializes in manufacturing garments. It claims that its products are fire resistant, UV rays protected, possess antimicrobial finish, and more. The company is engaged in knitting, dyeing, printing, and more.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Product
top 14%Innovation
top 20%Funding
top 31%Fin. health
top 36%Market
top 43%Growth
top 49%Product: 7 distinct product lines · Company stage: Public
Innovation: 7 product lines
Funding: Raised $6.6M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Post IPO (Dec 2025)
Audience (LinkedIn): 2k LinkedIn followers · 179 engagements/post (4.3× cohort median)
Activity (LinkedIn): 1 product launches · 1 expansions announced in 12 mo
Funding rounds
- Dec 2025Post IPO$6.6M
Tech stack
Animate.CssAnime.JsCore-JsFancyboxGoogle Font ApiGoogle Workspace
#3
Series B · Mumbai, Maharashtra · founded 2000$4.2Mraised▾
Series B · Mumbai, Maharashtra · founded 2000
Provider of engineered package systems and turnkey project solutions. It offers a range of services, include operations and maintenance, shutdown maintenance, erection and commissioning, and equipment overhauls. Its entity offers turnkey project execution across various sectors, including nuclear, oil and gas, defense, and industrial applications. The company also supplies industrial products and engineered package systems.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Growth
top 25%News
top 28%Fin. health
top 28%Talent
top 33%Moat
top 37%Market
top 44%Growth: Revenue +95% YoY · Web rank 5,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
News: 6 BI events in 12 mo (of 6 tracked, 2 types) · 2 high-value events (IPO/M&A/funding/contracts) in 12 mo · Top themes: Announcements, Funding
Fin. health: Revenue ~$26.6M (FY2022) · Net margin 9.4% · Revenue +95% YoY
Audience (LinkedIn): 8k LinkedIn followers
Funding rounds
- Aug 2025Series B—
- Sep 2024Series B$23.7M
- Feb 2022Series A$4.2M
- Jan 2021Angel$315.2K
Founders & team
Investors
IDBI Capital Markets & Securities Ltd, Cosmos Prime Group, Aamara Capital, Av Fincorp, Lucky Investment Managers, Maharashtra Defence and Aerospace Venture Fund
Tech stack
BootstrapFont AwesomeGodaddyIisJqueryMicrosoft 365
#4
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
#5
Public · Mumbai, Maharashtra · founded 1999 · 162 employees$51.2Mraised▾
Public · Mumbai, Maharashtra · founded 1999 · 162 employees
Contract manufacturer of garments
Fliar Intelligence Index™ 82how this company ranks against its industry peers
Fin. health
top 18%Funding
top 23%Market
top 29%Moat
top 34%Growth
top 40%Tech
top 42%Fin. health: Revenue ~$1.5B (FY2024) · Net margin 16.0% · Revenue +21% YoY
Funding: Raised $51.2M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) · Last round Post IPO (Aug 2024)
Market: 162 employees (top 24% of Industrial Goods and Manufacturing) · Revenue ~$1.5B · ~7% of tracked Contract Manufacturers revenue (664 cos, FY2025)
Audience (LinkedIn): 69k LinkedIn followers — 12.8% of this cohort's audience
Funding rounds
- Aug 2024Post IPO$51.2M
Founders & team
Tech stack
Anime.JsApache Http ServerApple Icloud MailBootstrapBootstrap IconsCdnjs
#6
Seed · Mumbai, Maharashtra · founded 2019 · 10 employees$602.7Kraised▾
Seed · Mumbai, Maharashtra · founded 2019 · 10 employees
Recube is all about offering a complete, environmentally friendly, and affordable solution.
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Talent
top 25%Growth
top 32%Fin. health
top 49%Tech
bottom 42%Funding
bottom 38%Global
bottom 33%Talent: 6 named leaders on record
Growth: Revenue +28% YoY · Fresh capital in last 24 mo
Fin. health: Revenue ~$745k (FY2023) · Net margin 6.0% · Revenue +28% YoY
Audience (LinkedIn): 5k LinkedIn followers
Funding rounds
- Jul 2025Seed$602.7K
- Oct 2020Seed—
- 2020Grant (prize money)—
Founders & team
Investors
Maharashtra State Innovation Society, AIM Smart City Accelerator, Rainmatter
Tech stack
Wix EcommerceWixReactGoogle CloudPolyfillLodash
#7
Series A · Mumbai, Maharashtra · founded 2016 · 118 employees$2.8Mraised▾
Series A · Mumbai, Maharashtra · founded 2016 · 118 employees
Provider of industrial data and AI platform for decision intelligence. The platform helps reduce operating costs of utilities and downtime of critical assets. It also increases machine productivity and manages sustainability compliance. The platform connects to and monitors assets, analyzes data, and leverages built-in analytics. It offers features and AI-powered insights to manage energy, water, assets, and processes. The platform integrates with industrial protocol connectors, IoT gateways, and APIs.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Moat
top 30%Innovation
top 34%Talent
top 38%Tech
top 39%Product
top 40%Funding
top 45%Moat: Top 31% by revenue among 167 tracked Water and Wastewater Management Tech companies · Editorial + unicorn rating 7/10
Innovation: 5 product lines
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding rounds
- Aug 2024Angel$466.6K
- Sep 2023Angel$12.2K
- Jul 2022Series A$1.5M
- Mar 2021Seed—
Founders & team
Investors
LetsVenture, Neev, Rohanbuildcon, thinQbate, Aar Em Ventures, Empower India
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesAosAws Certificate Manager
#8
Acquired · Mumbai, Maharashtra · founded 2015 · 129 employees$3.4Mraised▾
Acquired · Mumbai, Maharashtra · founded 2015 · 129 employees
Manufacturer of hygiene products. It specializes in hygiene products, particularly in the feminine care and baby care sectors. It's products range includes Wowper Baby Diapers, Wet Wipes, and Wowpad Feminine Hygiene Pads.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Moat
top 42%Tech
top 43%Fin. health
top 43%Market
top 44%Growth
top 47%Funding
bottom 46%Moat: Top 23% by revenue among 664 tracked Contract Manufacturers companies · Editorial + unicorn rating 1/10
Tech: 34 technologies across 4/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Fin. health: Revenue ~$19.7M (FY2024) · Net margin 3.4%
Audience (LinkedIn): 5k LinkedIn followers
Funding rounds
- Sep 2024Series A$3.4M
Investors
DOMS, H S Mehta Infra
Tech stack
Anime.JsCdnjsCloudflareContact Form 7Core-JsFont Awesome
#9
Series A · Mumbai, Maharashtra · founded 2018 · 60 employees$7.1Mraised▾
Series A · Mumbai, Maharashtra · founded 2018 · 60 employees
Developer of computer vision software for real-time operational intelligence. The software uses existing camera networks to provide insights into physical operations. It offers solutions for occupational health and safety, product quality monitoring, guest experience, and productivity improvement. The software supports PPE compliance, equipment safety checks, and hazard detection. It also facilitates defect detection, queue optimization, and inventory management.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Talent
top 28%AI
top 30%Moat
top 33%Growth
top 35%Product
top 47%Funding
bottom 47%Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
AI: Classified as an AI company · Product described with: computer vision
Moat: Top 26% by revenue among 262 tracked Manufacturing Tech companies · Editorial + unicorn rating 7/10 · 10 curated direct competitors tracked
Audience (LinkedIn): 5k LinkedIn followers
Funding rounds
- Apr 2024Series A$4M
- Oct 2022Seed$2M
- Dec 2021Angel$1.1M
Founders & team
Investors
Arya.ag, Avm Consulting, MIT WPU TBI
Tech stack
Apache Http ServerBootstrapCalendlyContact Form 7ElementorFont Awesome
#10
Seed · Mumbai, Maharashtra · founded 2019 · 96 employees$660.3Kraised▾
Seed · Mumbai, Maharashtra · founded 2019 · 96 employees
Online retail platform offering multi-category furniture. The offerings include work from home furniture like adjustable desks, wall-mounted tables, study tables, chairs, display boards, home furniture like beds, coffee tables, dining tables, occasional furniture, and more available in different colors and price ranges.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Growth
top 37%Tech
bottom 49%Talent
bottom 49%Fin. health
bottom 44%Moat
bottom 44%Funding
bottom 39%Growth: Headcount 71 → 96 (+35%) across vintages · Revenue +8% YoY · Fresh capital in last 24 mo
Tech: 37 technologies across 2/8 capability areas · Security: Http/3
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 5k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. MK JEWELS) announced in 12 mo
Funding rounds
- Dec 2024Seed$590.2K
- Mar 2022Seed$660.3K
Founders & team
Investors
Italica, Artha Venture Fund
Tech stack
BootstrapContact Form 7Core-JsDraftpress HfcmElementorFacebook Pixel
#11
Acquired · Mumbai, Maharashtra · founded 2014 · 39 employees$36.2Mraised▾
Acquired · Mumbai, Maharashtra · founded 2014 · 39 employees
Online B2B rental platform offering heavy machinery and other equipment. It allows businesses to lease heavy machinery and equipment like freezers, ATM machines, construction equipment, IT equipment, surveillance equipment, palettes, medical equipment, furniture, and more. Additionally, it offers asset management and rental subscription plans.
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Fin. health
top 16%Moat
top 22%Growth
top 26%Talent
top 28%Funding
top 38%Market
top 46%Fin. health: Revenue ~$86.1M (FY2021) · Net margin 54.6% · Revenue +46% YoY
Moat: Top 2% by revenue among 257 tracked Construction Tech companies · Editorial + unicorn rating 6/10 · 9 curated direct competitors tracked
Growth: Headcount 26 → 39 (+50%) across vintages · Revenue +46% YoY
Funding rounds
- Dec 2022Series A$111.6K
- Jul 2019Series A$4M
- Jun 2018Series A$2.1M
- Aug 2016Series A$9M
Founders & team
Investors
Bravia Capital, Capstone Realty Advisors, Capstone Advisors, BCAP
Tech stack
UbuntuBootstrapNginxOwl CarouselJqueryGoogle Analytics
#12
Series A · Mumbai, Maharashtra · founded 2013$12.5Mraised▾
Series A · Mumbai, Maharashtra · founded 2013
B2B marketplace platform for buying industrial machines and tools. The company provides customized financial solutions for various industrial equipments. It provides machine services, and industrial lubricants.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Tech
top 28%Funding
top 39%Growth
top 41%Talent
bottom 49%Product
bottom 48%Global
bottom 45%Tech: 25 technologies across 7/8 capability areas · Cloud: Amazon Ses, Amazon Web Services · Devops: Nginx
Funding: Raised $12.5M across 8 rounds · 8 rounds over 12 yrs (0.7/yr) · Last round Series A (Sep 2023)
Growth: Revenue +18% YoY
Audience (LinkedIn): 2k LinkedIn followers
Funding rounds
- Sep 2023Series A$3.6M
- Sep 2023Conventional Debt—
- Mar 2022Angel$1.2M
- Dec 2020Seed$540.4K
Founders & team
Investors
500 Global, ah! Ventures, Multi-Act, S N Damani Realty Investors, Elevar Equity, Compact Capital
Funding & investor landscape
$552.1Mtotal disclosed funding
35companies funded
82disclosed rounds
0rounds last 90 days
Most active investors
Maharashtra Defence and Aerospace Venture Fund2 rounds
204 Ventures1 rounds
Notable founders
Gaurav Sachdeva
CEO · JSW One MSME
Kumar Pranay
CEO · CORE Energy Systems
Nagesh Basarkar
Managing Director & Chairman · CORE Energy Systems
Atanuu Agarrwal
Co-Founder & CEO · Distil
Viraj Shah
Co-Founder · Distil
Deepak Seth
Founder & Chairman · PDS
Sanjay Jain
Group CEO · PDS
Lokesh Sambhwani
Co-Founder & Director · Recube
Anupriya Nayyar
Director · Recube
Rishi Sharma
Co-Founder & CEO · Faclon Labs
Archit Naraniwal
Co-Founder · Faclon Labs
Shalabh Shalabh
Co-Founder & Head of North America · Assert AI
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 IN MUMBAI · Materials
How research on Additive Manufacturing in Mumbai is moving
A read on the academic research around Additive Manufacturing in Mumbai — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 63 papers.
IIT Bombay leads Mumbai's optimistic additive manufacturing research, focusing predominantly on 3D printing processes, biomedical applications, and advanced materials, with breakthroughs outpacing concerns.
63 papers · stance +0.54 · 34% breakthrough · 11% concern
top institutions
- Indian Institute of Technology Bombay27
- Korea Research Institute of Chemical Technology17
- Institute of Chemical Technology11
- Homi Bhabha National Institute3
- University of Mumbai3
leading researchers
Balasubramanian Esakki · Gopal Gote · Pushkar Kamble · Sachin Salunkhe · U. Chandrasekhar · Gurminder Singh
prism intelligence · tone & topics
97% positive · 0% critical tone
HealthcareBusinessHealthMaterials ScienceElectronicsAerospace
▲
Breakthroughs19 · 30%
▼ 100%→21% share
▼0.2× share momentum5 median citations47% since 2021mostly methods-led
Nanotechnology newly emerged in Breakthroughs, with 3 papers driving fabrication-focused research intensity rising to 6 papers.
rising sub-themes (early→recent)
- Fabrication6
- 3D printing5
- Nanotechnology3
- Composite material3
- Fused deposition modeling3
Newly emergingNanotechnology 0→3
Landmark 3D printable composite dough for stretchable, ultrasensitive and body-patchable strain sensors · 93 cites
◆
Advancements31 · 49%
▲ 0%→55% share
5 median citations74% since 2021mostly methods-led
3D printing dominates Advancements, surging to 16 papers with 11 brand-new entries as field-share rose from 0% to 55%.
rising sub-themes (early→recent)
- 3D printing16
- Fabrication5
- Composite material5
- 3d printed5
- Deposition (geology)4
Newly emerging3D printing 0→11 · Composite material 0→5 · Fabrication 0→4
Landmark Form‐Factor Free 3D Copper Circuits by Surface‐Conformal Direct Printing and Laser Writing · 56 cites
▼
Concerns6 · 10%
▲ 0%→12% share
5 median citations83% since 2021mostly reviews
3D printing concerns are newly emerging — all 4 concern papers are brand-new as field-share grew from 0% to 12%.
rising sub-themes (early→recent)
- 3D printing4
- Microfluidics1
- 3D cell culture1
- Fabrication1
- Biomimetics1
Newly emerging3D printing 0→4
Landmark Proximity-field nanopatterning for high-performance chemical and mechanical sensor applications based on 3D nanostructur · 27 cites
PATENT MOMENTUM · Mumbai
Who's building additive manufacturing IP in Mumbai
Sunjewels leads Mumbai's additive-manufacturing patent activity with two filings, while the three-year spread across 2022–2025 shows a slow, flat pace with no clear acceleration.
3 patents2 companiespeak 1/yr
filing momentum (YoY)
top patenters
- Sunjewels2Mumbai
- Department of Atomic Energy1Mumbai
Common questions
How many Industrial Goods and Manufacturing companies are there in Mumbai, India?
Radar tracks 589 indexable Industrial Goods and Manufacturing companies headquartered in Mumbai, India, India, that meet our profile-completeness bar.
What is the total funding raised by Industrial Goods and Manufacturing companies in Mumbai, India?
The Industrial Goods and Manufacturing companies in Mumbai, India on this list have raised a combined $552.1M in disclosed equity funding across 35 funded companies.
Which is the highest-funded Industrial Goods and Manufacturing company in Mumbai, India?
Alok Industries is the highest-funded Industrial Goods and Manufacturing company in Mumbai, India, with $129.1M in disclosed equity funding.
How many Industrial Goods and Manufacturing companies in Mumbai, India are funded?
35 of the 589 Industrial Goods and Manufacturing companies in Mumbai, India on this list have disclosed at least one equity funding round.
How many Industrial Goods and Manufacturing unicorns are there in Mumbai, India?
1 Industrial Goods and Manufacturing company in Mumbai, India on this list is valued at $1B or more.
Who are the top investors in Mumbai, India Industrial Goods and Manufacturing companies?
The most active investors in Mumbai, India Industrial Goods and Manufacturing companies on this list include Angel List, Europa, IDBI Capital Markets & Securities Ltd, Maharashtra Defence and Aerospace Venture Fund, SINE.
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.