Indigo Paints

Pune, India Founded: 2000 • Age: 26 yrs
Manufacturer of paints

About Indigo Paints

Indigo Paints is a company based in Pune (India) founded in 2000 by Hemant Jalan.. Indigo Paints has raised $23.11 million across 2 funding rounds from investors including Peak XV Partners. The company has 1,850 employees as of March 31, 2024. Indigo Paints has completed 1 acquisition, including Apple Chemie. Indigo Paints offers products and services including Interior Emulsions and Exterior Emulsions.

  • Headquarter Pune, India
  • Employees 1850 as on 31 Mar, 2024
  • Founders Hemant Jalan
  • Stage Public
  • Sectors
    Chemicals & Materials
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Indigo Paints Ltd
Operational Areas
Chemicals & Materials → Specialty & Industrial Chemicals
Key Metrics
  • Annual Revenue
    $156.61 M (USD)
    2.66
    as on Mar 31, 2025
  • Net Profit
    $16.62 M (USD)
    -3.77
    as on Mar 31, 2025
  • EBITDA
    $27.39 M (USD)
    -2.4
    as on Mar 31, 2025
  • Total Equity Funding
    $23.11 M (USD)

    in 2 rounds

  • Latest Funding Round
    $13.11 M (USD), Series B

    Feb 24, 2016

  • Investors
  • Employee Count
    1850

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Indigo Paints

Indigo Paints is a publicly listed company on the NSE with ticker symbol INDIGOPNTS in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: INDIGOPNTS . Sector: Process industries · India

Products & Services of Indigo Paints

Indigo Paints offers a comprehensive portfolio of products and services, including Interior Emulsions and Exterior Emulsions. 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

Walls and ceilings are brought to life with effortless application and lasting vibrancy by these water-based formulas from Indigo Paints.

Exteriors are shielded and beautified with enduring protection against elements by these premium-grade paints from Indigo Paints.

People of Indigo Paints
Headcount 500-1000
Employee Profiles 15
Employee Profiles
People
Deepa Gautam
Engineering Qc+r&d
People
Tamil Nilavan Murugaiyan
Store Executive
People
Abdul Niyas .
Senior Purchasing Officer
People
Anurag Patel
Marketing Manager

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Funding Insights of Indigo Paints

Indigo Paints has successfully raised a total of $23.11M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $13.11 million completed in February 2016. 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 2
  • Last Round Series B — $13.1M
  • First Round

    (17 Dec 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2016 Amount Series B - Indigo Paints Valuation Peak XV Partners
Dec, 2014 Amount Series B - Indigo Paints Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

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investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Indigo Paints

Indigo Paints has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Peak XV Partners. 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
Investor Description Founded Year Domain Location
Venture capital firm investing in startups and providing support programs.
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 Indigo Paints

Indigo Paints has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Apple Chemie. 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
Manufacturer & supplier of concrete admixtures, adhesives, sealants, and other construction chemical materials
2009
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 - Indigo Paints

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

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Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Indigo Paints Comparisons

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Competitors of Indigo Paints

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.

Frequently Asked Questions about Indigo Paints

When was Indigo Paints founded?

Indigo Paints was founded in 2000 and raised its 1st funding round 14 years after it was founded.

Where is Indigo Paints located?

Indigo Paints is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Is Indigo Paints a funded company?

Indigo Paints is a funded company, having raised a total of $23.11M across 2 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Dec 17, 2014.

How many employees does Indigo Paints have?

As of Mar 31, 2024, the latest employee count at Indigo Paints is 1,850.

What is the annual revenue of Indigo Paints?

Annual revenue of Indigo Paints is $156.61M as on Mar 31, 2025.

What does Indigo Paints do?

Indigo Paints was founded in 2000 and is headquartered in Pune, India. Operations center on the production of decorative paints and wood coatings, with products such as emulsions, enamels, primers, and wall paints offered. Customers are provided with a full range of these items through delivery and servicing in the paints manufacturing sector.

What products or services does Indigo Paints offer?

Indigo Paints offers Interior Emulsions and Exterior Emulsions.

Is Indigo Paints publicly traded?

Yes, Indigo Paints is publicly traded on NSE under the ticker symbol INDIGOPNTS.

How many acquisitions has Indigo Paints made?

Indigo Paints has made 1 acquisition, including Apple Chemie.

Who are Indigo Paints's investors?

Indigo Paints has 1 investor. Key investors include Peak XV Partners.

What is Indigo Paints's ticker symbol?

The ticker symbol of Indigo Paints is INDIGOPNTS on NSE.

What is Indigo Paints's valuation?

The valuation of Indigo Paints is $70.47M as of Feb 2016.

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