About Midas Hygiene
Midas Hygiene is a company based in Mumbai (India) founded in 1996 was acquired by Jashvik Capital in February 2025.. The company has 167 employees as of February 09, 2025. Midas Hygiene offers products and services including Laxman Rekhaa, Khatnil, Krazylines, and Stainfree. Midas Hygiene operates in a competitive market with competitors including GoodKnight, Bogorchid, BluSpider, Core Clean and TONGWEI, among others.
- Headquarter Mumbai, India
- Employees 167 as on 09 Feb, 2025
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Sectors
Consumer
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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 Midas Hygiene Industries Private Limited
- Date of Incorporation 31 May, 1996
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$9.6 M (USD)3.11as on Mar 31, 2023
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Net Profit
$493.86 K (USD)-12.96as on Mar 31, 2023
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EBITDA
$1.76 M (USD)8.29as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
167
as on Feb 09, 2025
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Acquired by
Jashvik Capital
(Feb 10, 2025)
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Products & Services of Midas Hygiene
Midas Hygiene offers a comprehensive portfolio of products and services, including Laxman Rekhaa, Khatnil, Krazylines, and Stainfree. 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.
Glue traps for effective rat and pest control in homes.
Solution for eliminating bed bugs and other insects.
Herbal-based hygiene items for pest management.
Products for removing stains and maintaining clean surfaces.
Funding Insights of Midas Hygiene
| 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 Midas Hygiene
Midas Hygiene has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Jashvik Capital. 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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Sustainable funds are invested in healthcare and consumer brands.
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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 Midas Hygiene
| 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 - Midas Hygiene
| 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 |
Midas Hygiene Comparisons
Competitors of Midas Hygiene
Midas Hygiene 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 GoodKnight, Bogorchid, BluSpider, Core Clean and TONGWEI, 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 |
Import/export, taxation, and DGFT consultancy services are provided.
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| domain | founded_year | HQ Location |
Pest control products are manufactured by Bogorchid in India.
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| domain | founded_year | HQ Location |
Internet first brand offering smart device for pest control
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| domain | founded_year | HQ Location |
Produces eco-friendly wipes for surfaces, gyms, medical, and industrial uses worldwide.
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| domain | founded_year | HQ Location |
Manufactures and brands pest control products for effective solutions.
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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 Midas Hygiene
When was Midas Hygiene founded?
Midas Hygiene was founded in 1996.
Where is Midas Hygiene located?
Midas Hygiene is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Midas Hygiene?
Pranay Kapoor is the current CEO of Midas Hygiene.
How many employees does Midas Hygiene have?
As of Feb 09, 2025, the latest employee count at Midas Hygiene is 167.
What is the annual revenue of Midas Hygiene?
Annual revenue of Midas Hygiene is $9.6M as on Mar 31, 2023.
What does Midas Hygiene do?
Midas Hygiene was founded in 1996 in Mumbai, India, within the manufacturing sector focused on household and personal hygiene. Insecticides, herbal products, and cleaning agents are produced, along with pest control items such as glue traps and insect killers. Operations emphasize research-based formulations for efficacy in home and personal applications. Affordable cleaning supplies are also included in the product range.
Who are the top competitors of Midas Hygiene?
Midas Hygiene's top competitors include GoodKnight, Bogorchid and BluSpider.
What products or services does Midas Hygiene offer?
Midas Hygiene offers Laxman Rekhaa, Khatnil, Krazylines, and Stainfree.
Who are Midas Hygiene's investors?
Midas Hygiene has 1 investor. Key investors include Jashvik Capital.