Chemicone

Mumbai, India Founded: 1979 • Age: 47 yrs Minicorn
Textile auxiliaries and specialty chemicals are manufactured for industrial use.

About Chemicone

Chemicone is a Chemicals & Materials company based in Mumbai (India) founded in 1979 by Prabodh Shantilal Mehta. Textile auxiliaries and specialty chemicals are manufactured for industrial use. Chemicone has raised $25.48 thousand across 2 funding rounds from investors including Absolute Leasing And Finvest, Vidhata Securities and Jayant Mehta. The company has 82 employees. Chemicone was last valued at $1.03 million in March 2008. Its Indian entity One.Com India Private Limited reported revenue of β‚Ή103 Cr. Its focus areas include Chemicals and Materials, Diversified Chemicals and Diversified.

Company details

Chemicone was founded in 1979 in Mumbai, India, where operations focus on the production of textile auxiliaries and specialty chemicals. The company serves the chemical sector by developing and supplying products for textile processing and related applications. Manufacturing processes are based in India, with distribution targeted at domestic and international markets in the textiles industry. Expertise in chemical formulations has been maintained since inception.

  • Headquarters Mumbai, India
  • Employees 82
  • Founders Prabodh Shantilal Mehta
  • Stage Minicorn
  • Sectors
    Chemicals & Materials
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website chemicone.com
  • Social X
  • Legal Name One.Com India Private Limited
  • Date of Incorporation 13 Feb, 2009
  • Jurisdiction Delhi, India
Key Metrics
  • Annual Revenue
    ₹103 Cr

    FY 2025 · +55% YoY

  • Net Loss
    -₹102 Cr

    FY 2025 · -99% margin

  • EBITDA
    -₹21.87 Cr

    FY 2025 · -21% margin

  • Total Equity Funding
    $25.48K (USD)

    in 2 rounds

  • Latest Funding Round
    $91.92K (USD), Unspecified

    Mar 2008

  • Investors
  • Employee Count
    82

Funding Insights of Chemicone

Chemicone has successfully raised a total of $25.48K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $91.92 thousand completed in March 2008. 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 $25,478
  • Total Rounds 2
  • Last Round Unspecified β€” $91,920
  • First Round $25,478

    (Mar 2007)

  • Investors Count 9

All 2 funding rounds of Chemicone with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2008$91,920Unspecified$1.03MAbsolute Leasing And Finvest
Mar 2007$25,478Angel Round$855,860Nirmala J Somaiya, Sushila N Parekh
Valuation history
DateValuationStage
Mar 2008$1.03Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.03M (Mar 2008). 9 investors in total: 2 institutional and 7 angel.

Investors in Chemicone

Chemicone has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Absolute Leasing And Finvest, Vidhata Securities and Jayant Mehta.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on multiple sectors
Thane, India
Provides comprehensive loan solutions for business, personal, and agricultural needs.
2021absolutefinvest.inMohali, India

Jayant Mehta

Angel investor and entrepreneur, focused on tech startups in India.
unknown_b447015630884750a

Nirmala J Somaiya

unknown_00b02ccace7a4c2e9

Sushila N Parekh

unknown_b1f295badab446f48

Ranjana K Shah

unknown_0b5ddbb342fa4baa9

Bhavika T Mehta

unknown_05901a7efdf943a09

Sushila N Mehta

unknown_e0308d9debd942038

Sudha R Mehta

unknown_416bf868422a4f10a
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Investor details for Chemicone

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Board of directors of One.Com India Private Limited (Chemicone)

One.Com India Private Limited is the primary company behind Chemicone. The boards of the 4 registered companies of Chemicone currently have 6 directors; the longest-serving is Prabodh Shantilal Mehta, appointed in 2000. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prabodh Shantilal Mehta
DIN 00249852
Managing Director01 Aug 200026 yrs 3 moHimson Chemical Industries Private Limited, Chemicone Chemical Industries Pvt Ltd, A-One Dyes And Chemicals Pvt Ltd
Alok Kumar Gupta
DIN 01881391
Director13 Feb 200917 yrs 8 moOne.Com India Private Limited
Jacob Nordestgaard Jensen
DIN 02549950
Director15 Sep 200917 yrs 1 moOne.Com India Private Limited
Varsha Prabodh Mehta
DIN 00250209
Director15 Mar 201115 yrs 7 moHimson Chemical Industries Private Limited, Chemicone Chemical Industries Pvt Ltd, A-One Dyes And Chemicals Pvt Ltd
Jay Prabodh Mehta
DIN 00504721
Director15 Mar 201115 yrs 7 moHimson Chemical Industries Private Limited, Chemicone Chemical Industries Pvt Ltd, A-One Dyes And Chemicals Pvt Ltd
Alok Ratanlal Tiwari
DIN 07661282
Director30 Nov 20169 yrs 11 moOne.Com India Private Limited

People of Chemicone

1 people are tracked at Chemicone (1 in leadership); the tracked headcount is 82.

NameRoleGroup
FounderLeadership
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Financials of Chemicone

Figures of One.Com India Private Limited, the primary company behind Chemicone, for FY 2025. Revenue was ₹103 Cr (+55% year on year). Net loss was -₹102 Cr (-99% margin). EBITDA was -₹21.87 Cr (-21% margin). Revenue has grown at a compounded annual rate of +91% over three years and +64% over five years.

  • ₹103 CrRevenue · FY 2025 · +55% YoY
  • -₹102 CrNet loss · -99% margin
  • -₹21.87 CrEBITDA · -21% margin
  • ₹28.7 LakhPaid-up capital
  • 82Employees (provident fund records)
  • +91%Revenue CAGR, 3 years
  • +64%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of One.Com India Private Limited are on its company page.

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Detailed financial statements for Chemicone

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Timeline of Chemicone

4 dated milestones of Chemicone across 29 years, from founding to its latest funding, stage changes and deals.

  1. Founded Chemicone is founded.
  2. Funding First funding round of $25K.
  3. Funding Latest funding round, Unspecified, of $92K.
  4. Milestone Reaches Minicorn status.

Top companies in Core & Diversified Chemicals

3 companies that operate in the same segment as Chemicone (Core & Diversified Chemicals) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate
1979Pune, Maharashtra, IndiaUSD 1.21 B1,020
Specialty chemicals are manufactured through integrated R&D and production processes.
2023Bengaluru, Karnataka, IndiaUSD 72.97 MUSD 23.86 M
Manufactures coal tar and basic industrial chemicals.
1987Kolkata, West Bengal, IndiaUSD 24 MUSD 515.01 M1,161
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Related news about Chemicone

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Frequently Asked Questions about Chemicone

Chemicone was founded in 1979 and raised its 1st funding round 28 years after it was founded.

Chemicone is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Chemicone is a funded company, having raised a total of $25.48K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $25.48K, raised on Mar 2007.

Chemicone has 82 employees.

The primary company behind Chemicone, One.Com India Private Limited, reported revenue of β‚Ή103 Cr for FY 2025, up 55% year on year.

Chemicone was founded in 1979 in Mumbai, India, where operations focus on the production of textile auxiliaries and specialty chemicals. The company serves the chemical sector by developing and supplying products for textile processing and related applications. Manufacturing processes are based in India, with distribution targeted at domestic and international markets in the textiles industry. Expertise in chemical formulations has been maintained since inception.

Chemicone has 9 investors. Key investors include Absolute Leasing And Finvest, Vidhata Securities, Jayant Mehta, Nirmala J Somaiya, and Sushila N Parekh.

The valuation of Chemicone is $1.03M as of Mar 2008.

Chemicone is associated with 4 legal entities: One.Com India Private Limited, Himson Chemical Industries Private Limited, Chemicone Chemical Industries Pvt Ltd and others.

The legal entities of Chemicone currently have 6 directors, including Alok Ratanlal Tiwari, Alok Kumar Gupta, Jacob Nordestgaard Jensen and others.

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