Harmony Organics

Pune, India Founded: 2003 • Age: 23 yrs
Harmony Organics is recognized as a leading manufacturer of aroma chemicals for fragrance and flavor industries.
Annual revenue $19.6M Latest available
Total funding $27.2M 1 rounds
Employees 112 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors - Brand Intelligence

About Harmony Organics

Harmony Organics is a company based in Pune (India) founded in 2003 by Ravi Nangia. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Harmony Organics has raised $27.21 million across 1 funding round from investors including Piramal Group. The company has 112 employees as of September 15, 2025. Harmony Organics offers products and services including Phenyl Ethyl Alcohol, Styrene Oxide, Phenyl Acetate, Styrallyl Acetate, and Cinnamic Aldehyde.

  • Headquarter Pune, India
  • Employees 112 as on 15 Sep, 2025
  • Founders Ravi Nangia
  • Sectors
    Chemicals & Materials
  • Email
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  • Legal Name Harmony Organics Private Limited
  • Date of Incorporation 30 May, 2003
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Chemicals & Materials → Specialty & Industrial Chemicals Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $19.62 M (USD)
    7.56
    as on Mar 31, 2023
  • Net Profit
    $1.37 M (USD)
    55.25
    as on Mar 31, 2023
  • EBITDA
    $2.91 M (USD)
    68.43
    as on Mar 31, 2023
  • Total Equity Funding
    $27.21 M (USD)

    in 1 rounds

  • Latest Funding Round
    $27.21 M (USD), Series B

    Aug 07, 2023

  • Investors
  • Employee Count
    112

    as on Sep 15, 2025

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Products & Services of Harmony Organics

Harmony Organics offers a comprehensive portfolio of products and services, including Phenyl Ethyl Alcohol, Styrene Oxide, Phenyl Acetate, Styrallyl Acetate, and Cinnamic Aldehyde.

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Used in fragrance and flavor industries globally.

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Critical intermediate for pharmaceutical APIs production.

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Utilized in fragrance formulations for various applications.

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Employed in creating scents for consumer products.

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Applied in flavor and fragrance industry sectors.

Funding Insights of Harmony Organics

Harmony Organics has successfully raised a total of $27.21M through 1 strategic funding round. The most recent funding activity was a Series B round of $27.21 million completed in August 2023. 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.

Investors in Harmony Organics

Harmony Organics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Piramal Group.

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Institutional
Investor Description Founded Year Domain Location
Multinational conglomerate with diverse interests in Pharma, Financial Services and Real Estate
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Investments & Acquisitions by Harmony Organics

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Financial Statements - Harmony Organics

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Harmony Organics Comparisons

Harmony Organics Primary company
Description
Harmony Organics is recognized as a leading manufacturer of ...
Location
Pune, India
Founded Year
2003
Annual Revenue
$19.62 M (USD)
Net Profit
$1.37 M (USD)
EBITDA
$2.91 M (USD)
Employees
112
As of 2025
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Peer comparison for Harmony Organics

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Competitors of Harmony Organics

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Latest news on Harmony Organics

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Frequently Asked Questions about Harmony Organics

Harmony Organics was founded in 2003 and raised its 1st funding round 20 years after it was founded.

Harmony Organics is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Ravi Nangia is the current CEO of Harmony Organics. They have also founded this company.

Harmony Organics is a funded company, having raised a total of $27.21M across 1 funding round to date.

As of Sep 15, 2025, the latest employee count at Harmony Organics is 112.

Annual revenue of Harmony Organics is $19.62M as on Mar 31, 2023.

Harmony Organics is established as a prominent manufacturer of aroma chemicals, primarily serving the fragrance and flavor industries. The company is based in Pune, India, with a manufacturing facility in Kurkumbh. Its flagship product, Phenyl Ethyl Alcohol, is produced with a capacity of 12,000 metric tonnes per annum and meets global quality standards for food and flavor applications. Additionally, Styrene Oxide is manufactured as a key intermediate for pharmaceutical APIs. Emphasis is placed on sustainability, green chemistry, and research and development to innovate and expand product offerings. Collaboration with premier institutions in India is maintained to integrate advanced chemistry and chemical engineering into manufacturing processes. The vision is to be among the top three globally in at least one product segment while ensuring environmental responsibility and operational excellence.

Harmony Organics offers Phenyl Ethyl Alcohol, Styrene Oxide, Phenyl Acetate, Styrallyl Acetate, and Cinnamic Aldehyde.

Harmony Organics has 1 investor. Key investors include Piramal Group.

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