About Innova Rubbers
Innova Rubbers is a company based in Nashik (India) founded in 1968 by M P Bakshi. It operates as a B2B. The company has 329 employees as of March 31, 2023. Innova Rubbers operates in a competitive market with competitors including Fukoku, GRP, Fores Group, Sankar Elastomers and Pheon Corp, among others.
- Headquarter Nashik, India
- Employees 329 as on 31 Mar, 2023
- Founders M P Bakshi
-
Sectors
Industrial Goods & Manufacturing
-
Phone
*********
-
Website
*********
- Legal Name Innova Rubbers Private Limited
- Date of Incorporation 20 Jan, 2000
- Jurisdiction Nashik, Maharashtra, India
-
Annual Revenue
$37.52 M (USD)30.29as on Mar 31, 2023
-
Net Profit
$2.99 M (USD)84.65as on Mar 31, 2023
-
EBITDA
$5.23 M (USD)72.34as on Mar 31, 2023
-
Latest Funding Round
$40.8 M (USD), Debt – Conventional
Oct 29, 2025
- Investors
-
Employee Count
329
as on Mar 31, 2023
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Innova Rubbers
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $40.8M
-
First Round
First Round
(29 Oct 2025)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Debt – Conventional - Innova Rubbers | Valuation | True North |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Innova Rubbers
Innova Rubbers has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include True North. 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 |
|---|---|---|---|---|
|
Private equity is invested by True North in mid-market companies.
|
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 Innova Rubbers
| 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 |
Financial Statements - Innova Rubbers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Innova Rubbers Comparisons
Competitors of Innova Rubbers
Innova Rubbers 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 Fukoku, GRP, Fores Group, Sankar Elastomers and Pheon Corp, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wiper blade rubbers and seals for machinery are manufactured.
|
|
| domain | founded_year | HQ Location |
Automotive rubber products are manufactured and supplied globally.
|
|
| domain | founded_year | HQ Location |
Manufactures technical rubber components for automotive and other industries globally.
|
|
| domain | founded_year | HQ Location |
Manufactures and supplies rubber products to OEMs with reliable quality.
|
|
| domain | founded_year | HQ Location |
Manufactures electrical switches, plugs, harnesses, and rubber products for automotive industries.
|
| 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 Innova Rubbers
When was Innova Rubbers founded?
Innova Rubbers was founded in 1968 and raised its 1st funding round 57 years after it was founded.
Where is Innova Rubbers located?
Innova Rubbers is headquartered in Nashik, India. It is registered at Nashik, Maharashtra, India.
How many employees does Innova Rubbers have?
As of Mar 31, 2023, the latest employee count at Innova Rubbers is 329.
What is the annual revenue of Innova Rubbers?
Annual revenue of Innova Rubbers is $37.52M as on Mar 31, 2023.
What does Innova Rubbers do?
Innova Rubbers, founded in 1968 in Nashik, India, focuses on producing manufactured goods, industrial goods, rubber products, and moulded parts supply. Manufactures and supplies rubber moulded parts to tier-1 clients. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Innova Rubbers?
Innova Rubbers's top competitors include Fukoku, GRP and Quality Synthetic Rubber.
Who are Innova Rubbers's investors?
Innova Rubbers has 1 investor. Key investors include True North.