Primacy Industries

Mangaluru, India Founded: 2005 • Age: 21 yrs
Scented candles, air, personal care, and hygiene products are contract-manufactured.
Annual revenue $97.4M Latest available
Total funding $41.1M 1 rounds
Employees 601 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Primacy Industries

Primacy Industries is a company based in Mangaluru (India) founded in 2005. Primacy Industries has raised $41.05 million across 1 funding round from investors including India Resurgence Fund. The company has 601 employees as of March 29, 2024. Primacy Industries offers products and services including Contract Manufacturing, US Private Label, and Non-US Private Label. Primacy Industries operates in a competitive market with competitors including Ador Multiproducts, Influx Healthtech, Stella Indusstries, Vedic Cosmeceuticals and Ivia Beaute, among others.

  • Headquarter Mangaluru, India
  • Employees 601 as on 29 Mar, 2024
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website
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  • Legal Name Primacy Industries Private Limited
  • Date of Incorporation 03 Sep, 2004
  • Jurisdiction Manipal, Karnataka, India
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $97.44 M (USD)
    0.61
    as on Mar 31, 2023
  • Net Profit
    -$44.72 M (USD)
    30.38
    as on Mar 31, 2023
  • EBITDA
    -$6.24 M (USD)
    75.45
    as on Mar 31, 2023
  • Total Equity Funding
    $41.05 M (USD)

    in 1 rounds

  • Latest Funding Round
    $41.05 M (USD), Series C

    Oct 13, 2021

  • Investors
  • Employee Count
    601

    as on Mar 29, 2024

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Products & Services of Primacy Industries

Primacy Industries offers a comprehensive portfolio of products and services, including Contract Manufacturing, US Private Label, and Non-US Private Label.

Product name locked
Category locked
Primary

Offers end-to-end production for personal and air care products.

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Provides customized fragrance solutions for American retailers.

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Delivers tailored products for international markets outside the US.

Funding Insights of Primacy Industries

Primacy Industries has successfully raised a total of $41.05M through 1 strategic funding round. The most recent funding activity was a Series C round of $41.05 million completed in October 2021. 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.

Investors in Primacy Industries

Primacy Industries has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include India Resurgence Fund.

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Venture Fund
Investor Description Founded Year Domain Location
Distressed and special situations investments across various sectors in India.
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Investor details for Primacy Industries

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Investments & Acquisitions by Primacy Industries

Investments
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Investment portfolio details for Primacy Industries

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Financial Statements - Primacy Industries

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Detailed financials for Primacy Industries

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Primacy Industries Comparisons

Primacy Industries Primary company
Description
Scented candles, air, personal care, and hygiene products ar...
Location
Mangaluru, India
Founded Year
2005
Annual Revenue
$97.44 M (USD)
Net Profit
-$44.72 M (USD)
EBITDA
-$6.24 M (USD)
Employees
601
As of 2024
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Peer comparison for Primacy Industries

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Competitors of Primacy Industries

Primacy Industries 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 Ador Multiproducts, Influx Healthtech, Stella Indusstries, Vedic Cosmeceuticals and Ivia Beaute, among others.

Company Name Domain Founded year HQ Location Description
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Personal care products are manufactured and supplied by Ador Multiproducts.
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Contract based manufacturer of healthcare products
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Produces high-quality personal care products, including aerosols and cosmetics.
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Personal care products are manufactured under contract by the company.
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Specializes in contract manufacturing of high-quality personal care products.
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Detailed competitors of Primacy Industries

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Latest news on Primacy Industries

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Frequently Asked Questions about Primacy Industries

Primacy Industries was founded in 2005 and raised its 1st funding round 16 years after it was founded.

Primacy Industries is headquartered in Mangaluru, India. It is registered at Mangaluru, Karnataka, India.

Primacy Industries is a funded company, having raised a total of $41.05M across 1 funding round to date.

As of Mar 29, 2024, the latest employee count at Primacy Industries is 601.

Annual revenue of Primacy Industries is $97.44M as on Mar 31, 2023.

Primacy Industries was founded in 2005 and is based in Mangaluru, India. Contract manufacturing is conducted in the consumer goods sector, focusing on scented candles, air and personal care items, and hygiene products. Advanced filling and packing operations are handled for formats such as aerosols, liquids, creams, and lotions, supporting various production needs.

Primacy Industries's top competitors include Influx Healthtech, Ador Multiproducts and Vedic Cosmeceuticals.

Primacy Industries offers Contract Manufacturing, US Private Label, and Non-US Private Label.

Primacy Industries has 1 investor. Key investors include India Resurgence Fund.

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