Lucid Colloids

Mumbai, India Founded: 1958 • Age: 68 yrs
Natural and modified hydrocolloid derivatives are manufactured, marketed, and distributed.
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Annual revenue $35.2M Latest available
Total funding $27.5M 1 rounds
Employees 240 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Lucid Colloids

Lucid Colloids is a company based in Mumbai (India) founded in 1958 by Shailaja Merchant and Uday Merchant. Lucid Colloids has raised $27.5 million across 1 funding round from investors including International Finance Corporation. The company has 240 employees as of April 05, 2024. Lucid Colloids offers products and services including Guar Gum and Customised Products.

  • Headquarter Mumbai, India
  • Employees 240 as on 05 Apr, 2024
  • Founders Shailaja Merchant, Uday Merchant
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Legal Name Lucid Colloids Limited
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Consumer → Food & Beverage → →
Key Metrics
  • Annual Revenue
    $35.24 M (USD)
    72.93
    as on Mar 31, 2023
  • Net Profit
    $2.55 M (USD)
    311.49
    as on Mar 31, 2023
  • EBITDA
    $4.04 M (USD)
    111.58
    as on Mar 31, 2023
  • Total Equity Funding
    $27.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $27.5 M (USD), Series B

    Sep 03, 2014

  • Investors
    International Finance Corporation
  • Employee Count
    240

    as on Apr 05, 2024

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Products & Services of Lucid Colloids

Lucid Colloids offers a comprehensive portfolio of products and services, including Guar Gum and Customised Products.

Primary

Guar gum is produced from the endosperm of Guar plant seeds and is supplied for use in food, pharma, and industrial sectors.

Customised hydrocolloid products are developed and distributed for various applications, including technical and personal care industries.

Funding Insights of Lucid Colloids

Lucid Colloids has successfully raised a total of $27.5M through 1 strategic funding round. The most recent funding activity was a Series B round of $27.5 million completed in September 2014. 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 1
  • Last Round Series B — $27.5M
  • First Round

    (03 Sep 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2014 Amount Series B - Lucid Colloids Valuation IFC

Investors in Lucid Colloids

Lucid Colloids has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include International Finance Corporation.

All
Venture Fund
Investor Description Founded Year Domain Location
International Finance Corporation
IFC is focused on private sector development in emerging markets.
Founded Year Domain Location

Investments & Acquisitions by Lucid Colloids

Investments

Financial Statements - Lucid Colloids

Lucid Colloids Comparisons

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Competitors of Lucid Colloids

Latest news on Lucid Colloids

Healthcare Communication Group Makes First Acquisition
Insidermedia • 7 years ago
IFC invests $27.5 million in Lucid Colloids | Mint
mint • 11 years ago

Frequently Asked Questions about Lucid Colloids

Lucid Colloids was founded in 1958 and raised its 1st funding round 56 years after it was founded.

Lucid Colloids is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Lucid Colloids is a funded company, having raised a total of $27.5M across 1 funding round to date. The company's 1st funding round was a Series B of $27.5M, raised on Sep 03, 2014.

As of Apr 05, 2024, the latest employee count at Lucid Colloids is 240.

Annual revenue of Lucid Colloids is $35.24M as on Mar 31, 2023.

Lucid Colloids was founded in 1958 in Mumbai, India, and operates as a manufacturer, marketer, and distributor in the hydrocolloids sector. Natural and modified derivatives, including guar gum, cassia gum, sesbania gum, tamarind gum, gum blends, emulsifiers, food stabilizer systems, nutritional ingredients, food additives, foodstuffs, agro commodities, and fine chemicals, are produced and supplied. The company focuses on ingredients for food, nutrition, and industrial applications from its Indian base.

Lucid Colloids offers Guar Gum and Customised Products.

Lucid Colloids has 1 investor. Key investors include International Finance Corporation.

The valuation of Lucid Colloids is $96M as of Sep 2014.

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