Calibre Chemicals

Mumbai, India Founded: 1984 • Age: 42 yrs Acquired By Everstone Capital
Iodine, selenium, cobalt, and peroxygens are manufactured for diverse industries.

About Calibre Chemicals

Calibre Chemicals is a company based in Mumbai (India) founded in 1984 by Trivik R Bhavnani and Mala R Bhavani was acquired by Everstone Capital in December 2020.. Calibre Chemicals has raised $6.09 million across 1 funding round from investors including Everstone Capital, Everchem Asia and Deepak Chander. The company has 155 employees as of October 14, 2025. Calibre Chemicals has completed 2 acquisitions, including RheinPerChemie and Tina Life Science. Calibre Chemicals offers products and services including Calcium Iodate, Ammonium Perchlorate, Potassium Persulphate, Sodium Perchlorate, and Potassium Iodide.

  • Headquarter Mumbai, India
  • Employees 155 as on 14 Oct, 2025
  • Founders Trivik R Bhavnani, Mala R Bhavani
  • Stage Minicorn
  • Sectors
    Chemicals & Materials
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Calibre Chemicals Pvt. Ltd.
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Chemicals & Materials → Specialty & Industrial Chemicals
Key Metrics
  • Annual Revenue
    $157.34 M (USD)
    35.58
    as on Mar 31, 2025
  • Net Profit
    $13.37 M (USD)
    -9.24
    as on Mar 31, 2025
  • EBITDA
    $15.82 M (USD)
    -19.7
    as on Mar 31, 2025
  • Total Equity Funding
    $6.09 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6.09 M (USD), Series A

    Jan 18, 2022

  • Investors
  • Employee Count
    155

    as on Oct 14, 2025

  • Investments & Acquisitions
  • Acquired by
    Everstone Capital

    (Dec 06, 2020)

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Products & Services of Calibre Chemicals

Calibre Chemicals offers a comprehensive portfolio of products and services, including Calcium Iodate, Ammonium Perchlorate, Potassium Persulphate, Sodium Perchlorate, and Potassium Iodide. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Chemical used in animal nutrition and pharmaceuticals.

Compound for aerospace and defense applications.

Chemical for industrial and polymer processes.

Substance used in electronics and mining.

Chemical for human nutrition and medical uses.

People of Calibre Chemicals
Headcount 50-200
Employee Profiles 8
Employee Profiles
People
Shraddha Bhimrajka
Finance Manager
People
Kartik Prasad Prajapati
Manager Sales & Marketing
People
Nikhil Wayngankar
Sales Manager
People
Ravindra Kelgandre
CXO | Vice President Global Sales And Marketing

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Funding Insights of Calibre Chemicals

Calibre Chemicals has successfully raised a total of $6.09M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.09 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $6.1M
  • First Round

    (18 Jan 2022)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2022 Amount Series A - Calibre Chemicals Valuation Everchem Asia
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Calibre Chemicals

Calibre Chemicals has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Everstone Capital, Everchem Asia and Deepak Chander. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
Founded Year Domain Location
Private equity investments in mid-market businesses linked to India and Southeast Asia.
Founded Year Domain Location

Deepak Chander

Angel investor and entrepreneur, focused on tech startups in India.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Calibre Chemicals

Calibre Chemicals has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include RheinPerChemie and Tina Life Science. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Bioanalytical services are provided for life sciences applications.
2019
Persulfates are manufactured by RheinPerChemie in Switzerland.
2002
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Calibre Chemicals

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Calibre Chemicals Comparisons

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Competitors of Calibre Chemicals

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Calibre Chemicals

Frequently Asked Questions about Calibre Chemicals

When was Calibre Chemicals founded?

Calibre Chemicals was founded in 1984 and raised its 1st funding round 38 years after it was founded.

Where is Calibre Chemicals located?

Calibre Chemicals is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Calibre Chemicals?

Deepak Chander is the current CEO of Calibre Chemicals.

Is Calibre Chemicals a funded company?

Calibre Chemicals is a funded company, having raised a total of $6.09M across 1 funding round to date. The company's 1st funding round was a Series A of $6.09M, raised on Jan 18, 2022.

How many employees does Calibre Chemicals have?

As of Oct 14, 2025, the latest employee count at Calibre Chemicals is 155.

What is the annual revenue of Calibre Chemicals?

Annual revenue of Calibre Chemicals is $157.34M as on Mar 31, 2025.

What does Calibre Chemicals do?

Calibre Chemicals was established in 1984 in Mumbai, India, as a manufacturer of iodine, selenium, cobalt, and peroxygens. These chemicals are produced through proprietary electrochemical processes to achieve high purity levels. Supplies are provided to sectors including aerospace, food and nutrition, electronics, oil and gas, and pharmaceuticals. Operations focus on efficient production for industrial applications across multiple fields.

What products or services does Calibre Chemicals offer?

Calibre Chemicals offers Calcium Iodate, Ammonium Perchlorate, Potassium Persulphate, Sodium Perchlorate, and Potassium Iodide.

How many acquisitions has Calibre Chemicals made?

Calibre Chemicals has made 2 acquisitions, including RheinPerChemie, and Tina Life Science.

Who are Calibre Chemicals's investors?

Calibre Chemicals has 7 investors. Key investors include Everstone Capital, Everchem Asia, Deepak Chander, Dhanesh Bhagia, and Rohit Dhanuka.

What is Calibre Chemicals's valuation?

The valuation of Calibre Chemicals is $102.94M as of Jan 2022.

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