About RAK Paints
RAK Paints is a company based in Dhaka (Bangladesh) founded in 2009 was acquired by Kansai Nerolac in June 2018.. The company has 3,794 employees as of April 04, 2024. RAK Paints offers products and services including Interior Wall Paints, Exterior Wall Paints, Metal Enamel Paints, Industrial Coatings, and Waterproofing Products. RAK Paints operates in a competitive market with competitors including Asian Paints, Mapei, Kansai Nerolac, Pidilite and Bostik, among others.
- Headquarter Dhaka, Bangladesh
- Employees 3794 as on 04 Apr, 2024
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Sectors
Real Estate & Construction
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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 Kansai Nerolac Paints Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$922.12 M (USD)4.29as on Mar 31, 2024
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Net Profit
$137.37 M (USD)151as on Mar 31, 2024
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EBITDA
$120.06 M (USD)25.64as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
3794
as on Apr 04, 2024
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Acquired by
Kansai Nerolac
(Jun 19, 2018)
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Products & Services of RAK Paints
RAK Paints offers a comprehensive portfolio of products and services, including Interior Wall Paints, Exterior Wall Paints, Metal Enamel Paints, Industrial Coatings, and Waterproofing Products. 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.
Paints for enhancing indoor walls and home aesthetics
Durable coatings for outdoor surfaces and protection
Enamels for metal surfaces ensuring long-lasting finishes
Specialized coatings for industrial and marine applications
Waterproof solutions for walls and structures
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Funding Insights of RAK Paints
| 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 RAK Paints
RAK Paints has secured backing from 1 investor. Prominent investors backing the company include Kansai Nerolac. 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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Industrial and decorative paints are manufactured by Kansai Nerolac.
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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 RAK Paints
| 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 - RAK Paints
| 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 |
Rak Paints Comparisons
Competitors of RAK Paints
RAK Paints 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 Asian Paints, Mapei, Kansai Nerolac, Pidilite and Bostik, 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 |
Industrial and decorative paints are manufactured along with related solutions.
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| domain | founded_year | HQ Location |
Chemical products including adhesives and sealants for construction are manufactured.
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| domain | founded_year | HQ Location |
Industrial and decorative paints are manufactured by Kansai Nerolac.
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| domain | founded_year | HQ Location |
Adhesives and sealants are manufactured by Pidilite in India.
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| domain | founded_year | HQ Location |
Industrial adhesives are manufactured by Bostik for diverse applications.
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| domain | founded_year | HQ Location |
Chemical products are manufactured and distributed by Wanhua Chemical Group.
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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 Rak Paints
Frequently Asked Questions about RAK Paints
When was RAK Paints founded?
RAK Paints was founded in 2009.
Where is RAK Paints located?
RAK Paints is headquartered in Dhaka, Bangladesh.
How many employees does RAK Paints have?
As of Apr 04, 2024, the latest employee count at RAK Paints is 3,794.
What is the annual revenue of RAK Paints?
Annual revenue of RAK Paints is $922.12M as on Mar 31, 2024.
What does RAK Paints do?
RAK Paints was established in 2009 in Dhaka, Bangladesh. Operations are centered on the manufacture and supply of solvent-based and water-based paints within the coatings sector. Distribution occurs across local markets, with a focus on industrial and residential applications. The company is directed by Managing Director Qamar Uz Zaman, overseeing daily activities from the headquarters in Dhaka.
Who are the top competitors of RAK Paints?
RAK Paints's top competitors include Asian Paints, Kansai Nerolac and Shalimar Paints.
What products or services does RAK Paints offer?
RAK Paints offers Interior Wall Paints, Exterior Wall Paints, Metal Enamel Paints, Industrial Coatings, and Waterproofing Products.
Who are RAK Paints's investors?
RAK Paints has 1 investor. Key investors include Kansai Nerolac.
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