About Snowcem Paints
Snowcem Paints is a company based in Mumbai (India) founded in 1959 was acquired by Mehta Group in May 2021.. Snowcem Paints has raised $2.19 million across 4 funding rounds from investors including Timesgroup, Concept Communication and Mehta Group. The company has 97 employees as of April 05, 2024. Snowcem Paints offers products and services including Exterior Emulsion Paints and Interior Emulsion Paints.
- Headquarter Mumbai, India
- Employees 97 as on 05 Apr, 2024
- Stage Minicorn
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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 Snowcem Paints Private Limited
- Date of Incorporation 09 Jun, 2005
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$20.89 M (USD)0as on Mar 31, 2018
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Net Profit
$-1.41 M (USD)0as on Mar 31, 2018
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EBITDA
$-277.33 K (USD)0as on Mar 31, 2018
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Total Equity Funding
$2.19 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Timesgroup
& 2 more
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Employee Count
97
as on Apr 05, 2024
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Acquired by
Mehta Group
(May 01, 2021)
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Products & Services of Snowcem Paints
Snowcem Paints offers a comprehensive portfolio of products and services, including Exterior Emulsion Paints and Interior Emulsion Paints. 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.
Exterior paints are provided for protection and aesthetic enhancement of building surfaces
Interior paints are supplied for durable and attractive finishes in residential and commercial spaces
Funding Insights of Snowcem Paints
Snowcem Paints has successfully raised a total of $2.19M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(05 Sep 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Private Equity Round - Snowcem Paints | Valuation | Timesgroup |
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| Nov, 2016 | Amount | Unspecified - Snowcem Paints | Valuation | Concept Communication |
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| Jan, 2015 | Amount | Unspecified - Snowcem Paints | Valuation |
investors |
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| 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 Snowcem Paints
Snowcem Paints has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Timesgroup, Concept Communication and Mehta Group. 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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English and vernacular newspapers are published in print form.
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Founded Year | Domain | Location | |
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Marketing and advertising services are provided in Mumbai, India.
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Founded Year | Domain | Location | |
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Cement and building materials are manufactured for construction needs.
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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 Snowcem 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 - Snowcem 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 |
Snowcem Paints Comparisons
Competitors of Snowcem Paints
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Snowcem Paints
When was Snowcem Paints founded?
Snowcem Paints was founded in 1959 and raised its 1st funding round 52 years after it was founded.
Where is Snowcem Paints located?
Snowcem Paints is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Snowcem Paints a funded company?
Snowcem Paints is a funded company, having raised a total of $2.19M across 4 funding rounds to date. The company's 1st funding round was a Unspecified of $1.16M, raised on Sep 05, 2011.
How many employees does Snowcem Paints have?
As of Apr 05, 2024, the latest employee count at Snowcem Paints is 97.
What is the annual revenue of Snowcem Paints?
Annual revenue of Snowcem Paints is $20.89M as on Mar 31, 2018.
What does Snowcem Paints do?
Snowcem Paints was founded in 1959 in Mumbai, India, within the paints and coatings sector. A variety of products, including emulsion paints, primers, cement paints, waterproofing solutions, and textures, is produced for both interior and exterior use. Operations focus on manufacturing these items, with additional tools like a budget calculator and color visualizer provided to support customers in planning and selection.
What products or services does Snowcem Paints offer?
Snowcem Paints offers Exterior Emulsion Paints and Interior Emulsion Paints.
Who are Snowcem Paints's investors?
Snowcem Paints has 3 investors. Key investors include Timesgroup, Concept Communication, and Mehta Group.
What is Snowcem Paints's valuation?
The valuation of Snowcem Paints is $3.57M as of Nov 2016.