About Indowud
Indowud is a company based in Chennai (India) founded in 2018 by B L Bengani and Varun Bengani.. Indowud has raised $156.91 thousand across 1 funding round from investors including Raimcom Sales. The company has 45 employees as of September 17, 2025. Indowud offers products and services including Indowud nfc Board, nfc Door, nfc Frame, and nfc Decking. Indowud operates in a competitive market with competitors including Dharaksha Ecosolutions, ECOR Global, Comet Bio, Ricron Panels and RECOMA, among others.
- Headquarter Chennai, India
- Employees 45 as on 17 Sep, 2025
- Founders B L Bengani, Varun Bengani
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Sectors
Real Estate & ConstructionEnvironment
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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 Indowud Nfc Private Limited
- Date of Incorporation 16 May, 2018
- Jurisdiction Egmore Nungambakkam, Tamil Nadu, India
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Annual Revenue
$2.45 M (USD)-4.76as on Mar 31, 2024
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Net Profit
$39.68 K (USD)188.35as on Mar 31, 2024
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EBITDA
$12.43 K (USD)256.33as on Mar 31, 2024
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Total Equity Funding
$156.91 K (USD)
in 1 rounds
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Latest Funding Round
$156.91 K (USD), Seed
Apr 23, 2022
- Investors
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Employee Count
45
as on Sep 17, 2025
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Products & Services of Indowud
Indowud offers a comprehensive portfolio of products and services, including Indowud nfc Board, nfc Door, nfc Frame, and nfc Decking. 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.
Eco-friendly board made from agricultural husk for construction.
Sustainable door option resistant to termites and water.
Frame product using husk-based materials for durability.
Decking panels designed for weather resistance and sustainability.
Funding Insights of Indowud
Indowud has successfully raised a total of $156.91K through 1 strategic funding round. The most recent funding activity was a Seed round of $156.91 thousand completed in April 2022. 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 Seed — $156,912
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First Round
First Round
(23 Apr 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2022 | Amount | Seed - Indowud | Valuation | Raimcom Sales |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Indowud
Indowud has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Raimcom Sales. 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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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 Indowud
| 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 - Indowud
| 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 |
Indowud Comparisons
Competitors of Indowud
Indowud operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dharaksha Ecosolutions, ECOR Global, Comet Bio, Ricron Panels and RECOMA, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Biodegradable packaging materials are manufactured from crop stubble waste.
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| domain | founded_year | HQ Location |
Sustainable building materials are developed from recycled cellulose fibers.
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| domain | founded_year | HQ Location |
Cellulosic glucose syrup is produced from wood and agricultural waste.
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| domain | founded_year | HQ Location |
Manufacturer of building materials for construction solutions
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| domain | founded_year | HQ Location |
Sustainable construction boards from recycled materials are provided.
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| domain | founded_year | HQ Location |
Provider of paper and plastic recycling services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Indowud
When was Indowud founded?
Indowud was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Indowud located?
Indowud is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Indowud a funded company?
Indowud is a funded company, having raised a total of $156.91K across 1 funding round to date. The company's 1st funding round was a Seed of $156.91K, raised on Apr 23, 2022.
How many employees does Indowud have?
As of Sep 17, 2025, the latest employee count at Indowud is 45.
What is the annual revenue of Indowud?
Annual revenue of Indowud is $2.45M as on Mar 31, 2024.
What does Indowud do?
Manufacturer of eco-friendly, zero-wood building panels. These panels are a sustainable alternative to traditional wood and wood-based products like plywood and MDF. Made from agricultural husks, they are termite, water, and fire-resistant, and emit no formaldehyde. The panels offer good sound absorption, excellent screw holding capabilities, and are easily machinable. Their natural wood-like appearance allows for various finishes, including printing, painting, staining, and veneering. The panels are suitable for interior and exterior applications, offering design flexibility through thermoforming capabilities. The product is certified as a sustainable green product.
Who are the top competitors of Indowud?
Indowud's top competitors include Dharaksha Ecosolutions, ECOR Global and Comet Bio.
What products or services does Indowud offer?
Indowud offers Indowud nfc Board, nfc Door, nfc Frame, and nfc Decking.
Who are Indowud's investors?
Indowud has 1 investor. Key investors include Raimcom Sales.