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Pidilite Industries Limited develops and manufactures a wide range of specialty chemicals. Its core offerings span industrial and consumer adhesives, comprehensive waterproofing solutions, and advanced construction chemicals. The company also produces art materials, pigments, paints, and various textile and leather chemicals, providing diverse bonding and sealing technologies for numerous applications across consumer and industrial segments.
The company was founded in 1959 by Balvant Parekh, who established the enterprise based on an acute insight into the growing demand for reliable and high-quality adhesive solutions within the Indian market. His entrepreneurial vision initiated Pidilite's journey toward becoming a leader in its domain through consistent product development.
Pidilite's extensive product portfolio serves a broad spectrum of industrial clients and individual consumers across diverse sectors. The company’s long-term vision centers on continuous innovation and pioneering new products, aiming to strengthen customer bonds globally and positively impact lives through superior quality and specialized service offerings.
Pidilite has 1 tracked investment across 1 company. The latest tracked deal is $50.0M Series E in HomeLane in September 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 9, 2021 | HomeLane | $50.0M Series E | Chetan Naik, Oman India Joint Investment Fund, Stride Ventures | Aarin Capital, Baring Private Equity Partners, BCCL, Evolvence, Growth Story, JSW Ventures, Nuventures, RB Investments, Sequoia Capital |