About Gem Paints
Gem Paints is a company based in Bengaluru (India) founded in 1981 by Anand Gandotra was acquired by Astral Poly Technik in April 2022.. The company has 432 employees as of May 31, 2025.
- Headquarter Bengaluru, India
- Employees 432 as on 31 May, 2025
- Founders Anand Gandotra
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Sectors
Chemicals & Materials
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Gem Paints Private Limited
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Annual Revenue
$29.53 M (USD)11as on Mar 31, 2023
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Net Profit
$4 M (USD)9as on Mar 31, 2023
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EBITDA
$5.57 M (USD)3as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
432
as on May 31, 2025
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Acquired by
Astral Poly Technik
(Apr 29, 2022)
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Funding Insights of Gem Paints
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Gem Paints
Gem Paints has secured backing from 1 investor. Prominent investors backing the company include Astral Poly Technik. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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PVC pipes are manufactured for plumbing and drainage applications.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Gem Paints
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Gem Paints
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gem Paints Comparisons
Competitors of Gem Paints
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Gem Paints
When was Gem Paints founded?
Gem Paints was founded in 1981.
Where is Gem Paints located?
Gem Paints is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does Gem Paints have?
As of May 31, 2025, the latest employee count at Gem Paints is 432.
What is the annual revenue of Gem Paints?
Annual revenue of Gem Paints is $29.53M as on Mar 31, 2023.
What does Gem Paints do?
Gem Paints was established in 1981 and is based in Bengaluru, India. Operations are centered on the production of various coatings and paints within the manufacturing sector. The company is led by founder Anand Gandotra as Managing Director. Focus is placed on industrial and consumer applications, with activities conducted primarily in the domestic market. Domain services are accessible via gem-paints.com.
Who are Gem Paints's investors?
Gem Paints has 1 investor. Key investors include Astral Poly Technik.