Pidilite Industries Limited, founded in 1959, is a leader in consumer and specialty chemicals in India. The company generates over two-thirds of its sales from products it has pioneered, primarily in the adhesives and sealants, construction chemicals, and art materials segments. Its operations are divided into two main segments: the Branded Consumer & Bazaar segment, which focuses on retail products such as adhesives, sealants, and paints, and the Business to Business segment, which offers industrial products like adhesives, resins, and organic pigments. Pidilite's extensive product range is supported by robust in-house research and development efforts. The majority of its revenue is derived from the Indian market, with products distributed through a network of dealers and distributors.
Recykal is a digital technology company specializing in cloud-based solutions for the waste management and recycling industry. Its platform serves as a connector for various stakeholders, including businesses, consumers, waste aggregators, and recyclers, facilitating transparent and traceable transactions among them. The system is particularly beneficial for fast-moving consumer goods (FMCG) and electronics brands, assisting them in implementing consumer awareness and take-back programs. Additionally, Recykal helps these companies comply with extended producer responsibility (EPR) regulations set by government authorities, promoting sustainable practices and generating significant social, economic, and environmental impacts.
Servify
Series D in 2022
Servify is a mobile-based platform designed to enhance the ownership experience of electronic gadgets and appliances for consumers. It serves as a personal assistant that allows users to store important documents such as bills and warranties in the cloud. Additionally, Servify connects users with brand-authorized service providers, ensuring reliable repair and maintenance when needed. The platform integrates various partners within the post-sales service ecosystem and offers device lifecycle management services, enabling enterprises to effectively manage the post-purchase experience and guide consumers in their future purchasing decisions. Through its comprehensive service offerings, Servify aims to deliver a seamless and satisfactory customer experience.
BuildNext
Series A in 2022
BuildNext is an innovative home construction company that focuses on creating highly livable homes by integrating advanced technology and data into the design and building process. As a unique branded home builder in India, BuildNext aims to enhance the customer experience by making home buying as enjoyable as purchasing a car. The company specializes in custom homes, offering personalized features such as island kitchens, indoor courtyards, and passive ventilation. Utilizing virtual reality, clients can visualize their future homes, ensuring that both functional and aesthetic preferences are met. With a vision to become the largest retail home builder brand in India, BuildNext plans to deliver over 20,000 units annually across multiple locations within the next decade.
Ply
Venture Round in 2022
Ply is a platform focused on materials procurement that aims to enhance cash flow predictability for mechanical contractors. By providing buyer augmentation and actionable insights, Ply simplifies financial processes and improves cash flow management for skilled trades. The platform modernizes payment collections with low transaction fees, allowing clients to efficiently source, purchase, and manage finished materials. Through its innovative approach, Ply supports contractors in streamlining access to capital, ultimately enabling them to grow their businesses more effectively.
Pace Robotics
Seed Round in 2021
PaceRobotics specializes in providing construction robots designed to enhance efficiency in the construction industry. Their modular multi-tasking robots are capable of performing tasks such as plastering, painting, and applying putty at significantly faster speeds and lower costs compared to traditional methods. By addressing labor shortages and productivity challenges in the construction sector, PaceRobotics aims to streamline the building process and improve overall project outcomes through the integration of advanced robotic technology.
HomeLane
Series E in 2021
HomeLane is a home interior company based in Bangalore, Karnataka, that specializes in providing personalized interior design solutions for the urban Indian middle class. Founded in 2014, it has successfully delivered over 21,000 projects across the country, demonstrating significant expertise in helping customers realize their dream homes. The company offers a comprehensive range of services on a single platform, including interior design, modular furniture, decor products, painting, loose furniture, appliances, and home automation. HomeLane enables customers to visualize various design options in three dimensions and provides instant quotes, making the process of home interior design accessible and efficient.
Huntsman Advanced Materials
Acquisition in 2020
Huntsman Advanced Materials is a nation-wide distribution network and a strong presence across India. HAMSPL manufactures and sells adhesives, sealants, and other products under well-known brands such as Araldite, Araldite Karpenter, and Araseal in India.
Pepperfry
Series F in 2020
Pepperfry is an online home and lifestyle shopping platform that specializes in a diverse range of products aimed at enhancing home environments. The company features a marketplace that offers a wide selection of furniture, home décor, kitchenware, dining essentials, and pet supplies, including items from its own brand. With a focus on affordability, Pepperfry provides customers with numerous options to personalize their living spaces. The platform supports cash-on-delivery payment methods and includes a free shipping facility, making it convenient for users to shop for home merchandise from around the world.
HomeLane
Series D in 2019
HomeLane is a home interior company based in Bangalore, Karnataka, that specializes in providing personalized interior design solutions for the urban Indian middle class. Founded in 2014, it has successfully delivered over 21,000 projects across the country, demonstrating significant expertise in helping customers realize their dream homes. The company offers a comprehensive range of services on a single platform, including interior design, modular furniture, decor products, painting, loose furniture, appliances, and home automation. HomeLane enables customers to visualize various design options in three dimensions and provides instant quotes, making the process of home interior design accessible and efficient.
Cipy Polyurethanes Pvt.
Acquisition in 2018
Cipy Polyurethanes Pvt. Ltd. is a manufacturer and seller of floor coatings, specializing in products made from polyurethanes, epoxies, polyuria, and polyaspartic polymers. Founded in 1976 and headquartered in Pune, India, the company focuses on providing high-quality flooring solutions. Cipy Polyurethanes operates as a subsidiary of Pidilite Industries Limited, enhancing its capabilities and market reach within the coatings industry.
Nebula East Africa Private
Acquisition in 2016
Nebula East Africa Private Limited (NEAPL), a Company incorporated in Kenya. NEAPL is proposed to be engaged in the business as manufacturers, importers, exporters, buyers, sellers, etc in adhesives, sealants, and all other products used for making or producing adhesives and sealants.
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