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
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Sectors
Industrial Goods & Manufacturing
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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 Primacy Industries Private Limited
- Date of Incorporation 03 Sep, 2004
- Jurisdiction Manipal, Karnataka, India
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Annual Revenue
$97.44 M (USD)0.61as on Mar 31, 2023
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Net Profit
$-44.72 M (USD)30.38as on Mar 31, 2023
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EBITDA
$-6.24 M (USD)75.45as on Mar 31, 2023
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Total Equity Funding
$41.05 M (USD)
in 1 rounds
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Latest Funding Round
$41.05 M (USD), Series C
Oct 13, 2021
- Investors
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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. 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.
Offers end-to-end production for personal and air care products.
Provides customized fragrance solutions for American retailers.
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $41.1M
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First Round
First Round
(13 Oct 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series C - Primacy Industries | Valuation |
investors |
| 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 |
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. 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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Distressed and special situations investments across various sectors in India.
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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 Primacy Industries
| 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 - Primacy Industries
| 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 |
Primacy Industries Comparisons
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. 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 |
Personal care products are manufactured and supplied by Ador Multiproducts.
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| domain | founded_year | HQ Location |
Contract based manufacturer of healthcare products
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| domain | founded_year | HQ Location |
Produces high-quality personal care products, including aerosols and cosmetics.
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| domain | founded_year | HQ Location |
Personal care products are manufactured under contract by the company.
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| domain | founded_year | HQ Location |
Specializes in contract manufacturing of high-quality personal care products.
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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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Latest news on Primacy Industries
Frequently Asked Questions about Primacy Industries
When was Primacy Industries founded?
Primacy Industries was founded in 2005 and raised its 1st funding round 16 years after it was founded.
Where is Primacy Industries located?
Primacy Industries is headquartered in Mangaluru, India. It is registered at Mangaluru, Karnataka, India.
Is Primacy Industries a funded company?
Primacy Industries is a funded company, having raised a total of $41.05M across 1 funding round to date. The company's 1st funding round was a Series C of $41.05M, raised on Oct 13, 2021.
How many employees does Primacy Industries have?
As of Mar 29, 2024, the latest employee count at Primacy Industries is 601.
What is the annual revenue of Primacy Industries?
Annual revenue of Primacy Industries is $97.44M as on Mar 31, 2023.
What does Primacy Industries do?
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.
Who are the top competitors of Primacy Industries?
Primacy Industries's top competitors include Influx Healthtech, Ador Multiproducts and Vedic Cosmeceuticals.
What products or services does Primacy Industries offer?
Primacy Industries offers Contract Manufacturing, US Private Label, and Non-US Private Label.
Who are Primacy Industries's investors?
Primacy Industries has 1 investor. Key investors include India Resurgence Fund.