About Chemicone
Chemicone is a company based in Mumbai (India) founded in 1979 by Prabodh Shantilal Mehta. Chemicone has raised $117.4 thousand across 2 funding rounds from investors including Absolute Leasing And Finvest, Vidhata Securities and Jayant Mehta. The company has 82 employees as of March 28, 2024.
- Headquarter Mumbai, India
- Employees 82 as on 28 Mar, 2024
- Founders Prabodh Shantilal Mehta
- Stage Minicorn
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Sectors
Chemicals & Materials
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Phone
*********
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Website
*********
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Social
*********
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$2.54 M (USD)83.4as on Mar 31, 2023
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Net Profit
$264.56 K (USD)200.9as on Mar 31, 2023
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EBITDA
$524.72 K (USD)289.19as on Mar 31, 2023
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Total Equity Funding
$117.4 K (USD)
in 2 rounds
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Latest Funding Round
$91.92 K (USD), Unspecified
Mar 01, 2008
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Investors
Absolute Leasing And Finvest
& 8 more
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Employee Count
82
as on Mar 28, 2024
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Funding Insights of Chemicone
Chemicone has successfully raised a total of $117.4K 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 Total Funding
- Total Rounds 2
- Last Round Unspecified — $91,920
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First Round
First Round
(31 Mar 2007)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2008 | Amount | Unspecified - Chemicone | Valuation | Absolute Leasing And Finvest | |
| Mar, 2007 | Amount | Angel Round - Chemicone | Valuation | Nirmala J Somaiya , Sushila N Parekh |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Provides comprehensive loan solutions for business, personal, and agricultural needs.
|
Founded Year | Domain | Location | |
|
JM
Jayant Mehta |
Angel investor and entrepreneur, focused on tech startups in India.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Chemicone
Financial Statements - Chemicone
Chemicone Comparisons
Competitors of Chemicone
Latest news on Chemicone
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 $117.4K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $25.48K, raised on Mar 31, 2007.
As of Mar 28, 2024, the latest employee count at Chemicone is 82.
Annual revenue of Chemicone is $2.54M as on Mar 31, 2023.
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.