About Indofil
Indofil is a company based in Mumbai (India) founded in 1962.. Indofil has raised $12.45 million across 1 funding round from investors including Angel One, Modicare and Indo Euro Investment. The company has 921 employees as of April 05, 2024. Indofil has completed 2 acquisitions, including Agrowin Biosciences and Dow AgroSciences.
- Headquarter Mumbai, India
- Employees 921 as on 05 Apr, 2024
- Stage Minicorn
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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 Indofil Industries Limited
- Date of Incorporation 09 Feb, 1993
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$364.34 M (USD)8.66as on Mar 31, 2024
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Net Profit
$38.8 M (USD)51.8as on Mar 31, 2024
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EBITDA
$51.69 M (USD)24.11as on Mar 31, 2024
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Total Equity Funding
$12.45 M (USD)
in 1 rounds
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Latest Funding Round
$12.45 M (USD), Unspecified
Jan 13, 2009
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Investors
Angel One
& 13 more
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Employee Count
921
as on Apr 05, 2024
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Investments & Acquisitions
Agrowin Biosciences
& 1 more
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Funding Insights of Indofil
Indofil has successfully raised a total of $12.45M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $12.45 million completed in January 2009. 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 1
- Last Round Unspecified — $12.5M
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First Round
First Round
(13 Jan 2009)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2009 | Amount | Unspecified - Indofil | Valuation |
investors |
| 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 Indofil
Indofil has secured backing from 14 investors, including institutional investors. Prominent investors backing the company include Angel One, Modicare and Indo Euro Investment. 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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App-based brokerage stock trading platform
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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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 Indofil
Indofil has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Agrowin Biosciences and Dow AgroSciences. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Agrochemicals for plant protection and nutrition are manufactured and supplied.
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2000 | ||||
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Agrochemicals and genetically modified seeds are developed for agriculture.
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1989 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Indofil
| 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 |
Indofil Comparisons
Competitors of Indofil
| 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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Latest news on Indofil
Frequently Asked Questions about Indofil
When was Indofil founded?
Indofil was founded in 1962 and raised its 1st funding round 47 years after it was founded.
Where is Indofil located?
Indofil is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Indofil?
Rajinder Malhotra is the current CEO of Indofil.
Is Indofil a funded company?
Indofil is a funded company, having raised a total of $12.45M across 1 funding round to date. The company's 1st funding round was a Unspecified of $12.45M, raised on Jan 13, 2009.
How many employees does Indofil have?
As of Apr 05, 2024, the latest employee count at Indofil is 921.
What is the annual revenue of Indofil?
Annual revenue of Indofil is $364.34M as on Mar 31, 2024.
What does Indofil do?
Indofil was established in 1962 and is based in Mumbai, India. The company operates within the agrochemical sector, where manufacturing, distribution, and marketing of agrochemicals and specialty products are conducted. Focus is placed on production processes and supply chain management for agricultural applications. Key leadership includes the Managing Director and CEO President roles.
How many acquisitions has Indofil made?
Indofil has made 2 acquisitions, including Agrowin Biosciences, and Dow AgroSciences.
Who are Indofil's investors?
What is Indofil's valuation?
The valuation of Indofil is $15.25M as of Jan 2009.