About Rubamin
Rubamin is a company based in Vadodara (India) founded in 1981 by Atul Dalmia. Rubamin has raised $17.63 million across 1 funding round from investors including ICICI Venture, Ajay Aggarwal and Ajit Kumar Hazra. The company has 830 employees as of February 25, 2025. Rubamin has completed 1 acquisition, including Jammu Pigments. Rubamin offers products and services including Lithium-Ion Battery Recycling and Catalyst Recycling.
- Headquarter Vadodara, India
- Employees 830 as on 25 Feb, 2025
- Founders Atul Dalmia
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingEnvironment
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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 Rubamin Pvt. Ltd
- Jurisdiction Vadodara, Gujarat, India
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Annual Revenue
$290.84 M (USD)6.24as on Mar 31, 2024
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Net Profit
$33.75 M (USD)42.55as on Mar 31, 2024
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EBITDA
$37.58 M (USD)47.07as on Mar 31, 2024
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Total Equity Funding
$17.63 M (USD)
in 1 rounds
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Latest Funding Round
$17.63 M (USD), Private Equity Round
Mar 31, 2007
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Investors
ICICI Venture
& 24 more
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Employee Count
830
as on Feb 25, 2025
- Investments & Acquisitions
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Products & Services of Rubamin
Rubamin offers a comprehensive portfolio of products and services, including Lithium-Ion Battery Recycling and Catalyst Recycling.
Recycling of lithium-ion batteries is conducted to recover strategic metals, contributing to a circular supply chain
Recycling of spent catalysts from oil refineries is performed to supply materials to global manufacturers
People of Rubamin
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Human Resources and Administration
9 people
Leadership Team
8 people
Software Development Team
8 people
Finance and Accounting
5 people
Assistant Team
5 people
Sales and Marketing
3 people
Product Management Team
3 people
Senior Team
3 people
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Funding Insights of Rubamin
Rubamin has successfully raised a total of $17.63M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $17.63 million completed in March 2007. 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 Rubamin
Rubamin has secured backing from 25 investors, including venture fund and angel investors. Prominent investors backing the company include ICICI Venture, Ajay Aggarwal and Ajit Kumar Hazra.
| Investor | Description | Founded Year | Domain | Location |
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Alternative asset management and investment services in India.
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Locked | Locked | Locked | |
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AA
Ajay Aggarwal |
Angel investor, ex-MD at Bain Capital, focused on Indian startups
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Locked | Locked | Locked |
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AK
Ajit Kumar Hazra |
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Locked | Locked | Locked |
Investor details for Rubamin
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Investments & Acquisitions by Rubamin
Rubamin has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Jammu Pigments.
Investment portfolio details for Rubamin
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Lead and zinc products are manufactured for industrial applications.
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Locked | Locked | 2005 | Locked |
Complete acquisition details for Rubamin
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Financial Statements - Rubamin
Detailed financials for Rubamin
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Rubamin Comparisons
Peer comparison for Rubamin
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Competitors of Rubamin
Detailed competitors of Rubamin
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Latest news on Rubamin
Complete news archive for Rubamin
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Frequently Asked Questions about Rubamin
Rubamin was founded in 1981 and raised its 1st funding round 26 years after it was founded.
Rubamin is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Rubamin is a funded company, having raised a total of $17.63M across 1 funding round to date.
As of Feb 25, 2025, the latest employee count at Rubamin is 830.
Annual revenue of Rubamin is $290.84M as on Mar 31, 2024.
Rubamin was established in 1981 and is based in Vadodara, India. Operations focus on the recycling sector, where critical metals are recovered from industrial process wastes using an advanced green recycling complex. Zinc compounds and catalyst materials are produced through these scaled processes. The company handles waste streams to extract valuable resources, supporting sustainable metal recovery in the manufacturing industry.
Rubamin offers Lithium-Ion Battery Recycling and Catalyst Recycling.
Rubamin has made 1 acquisition, including Jammu Pigments.
Rubamin has 25 investors. Key investors include ICICI Venture, Ajay Aggarwal, Ajit Kumar Hazra, Michael Bomi, and Alok Gupta.
The valuation of Rubamin is $28.53M as of Mar 2007.