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Pidilite Group specializes in the manufacture of a diverse portfolio of specialty chemicals, primarily recognized for its leading position in adhesives. The company develops and produces industrial adhesives, construction chemicals, waterproofing solutions, and art materials, alongside products for textile and leather applications. Its foundational offering, Fevicol, established the market for synthetic resin adhesives, which remains a core product.
The company was founded in 1959 by Shri Balvantray Kalyanji Parekh, who established Pidilite alongside his brother. Parekh's initial insight centered on introducing a superior, user-friendly white adhesive, Fevicol, to the Indian market, addressing a significant need for reliable bonding solutions. This venture began with a focus on innovation and quality to deliver practical chemical-based products.
Pidilite serves a wide array of customers, from industrial clients and construction professionals to artisans, students, and everyday consumers. Its vision centers on enhancing product applications across various sectors and consumer needs, continually developing innovative solutions that offer convenience and durability. The company aims to maintain its leadership through consistent product excellence and market reach.
Key people at Pidilite Group.
Pidilite Group was founded in 1959 by Balvant Parekh (Founder).
Key people at Pidilite Group.
Pidilite Group was founded in 1959 by Balvant Parekh (Founder).
Pidilite Group has 2 tracked investments across 2 companies. The latest tracked deal is $3.5M Pre-Series A in BuildNext in July 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 9, 2022 | BuildNext | $3.5M Pre-Series A | Pidilite Group | Konglo Ventures |
| Dec 23, 2019 | HomeLane | $30.0M Series D | Evolvence India Fund, FJ Labs, Pidilite Group | Prashanth Prakash, JSW Ventures, Sequoia Capital |