When was Kusumgar founded?

Kusumgar was founded in 1970 and raised its 1st funding round 55 years after it was founded.

Where is Kusumgar located?

Kusumgar is headquartered in Mumbai, India. It is registered at 401, Aakashrup Apartment Opp. Sadbhav Soc., Nr Yogashram Soc., Sa, tellite, Ahmedabad, Ahmedabad, Gujarat, India, 380015.

Which legal entities is Kusumgar associated with?

Kusumgar is associated with KUSUMGAR LIMITED and 5 others.

How many employees does Kusumgar have?

As of Jul 31, 2026, the latest employee count at Kusumgar is 413.

Is Kusumgar a funded company?

Kusumgar is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Sep 15, 2025.

When was the latest funding round of Kusumgar?

Kusumgar's latest funding was a $***** Series B round on Sep 15, 2025, with participation from 8 investors. Its primary sector is Advanced Materials. In India, the Advanced Materials sector has seen $29M in funding in 2026 to date.

What is the annual revenue of Kusumgar?

Annual revenue of Kusumgar is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does Kusumgar rank among its competitors?

Kusumgar ranks 1st amongst 154 active competitors, of which 15 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Whizzo, which secured $15M in Nov, 2025.

Who are the top competitors of Kusumgar?

Kusumgar's top competitors include Whizzo, Garware Technical Fibres and Loomia. Among them, Whizzo secured the most recent funding round in November, 2025.

Kusumgar - 2026 Company Profile, Team, Funding, Competitors & Financials

Kusumgar is a public company based in Mumbai (India), founded in 1970 by Siddharth Yogesh Kusumgar. It operates as a Manufacturer of engineered fabrics and solutions. Kusumgar has raised $14.5M in funding from Motilal Oswal Financial Services. The company has 154 active competitors, including 15 funded and 17 that have exited. Its top competitors include companies like Whizzo, Garware Technical Fibres and Loomia.

Company Details

Manufacturer of engineered fabrics and solutions. It specializes in manufacturing technical textiles for various applications, including defense, aerospace, outdoor clothing, industrial fabrics, sports wear, and parachutes. It also offers a wide variety of specialty textiles and fabric materials including, synthetic filament yarns ranging from conventional polyamide and polyester yarns to specialty rayon, polyamide and polyester filament yarns to poly-aramid yarns.

Website: www.kusumgar.com/
Social
Email ID: *****@kusumgar.com
Phone Number: +91 **********
Registered Address: 401, Aakashrup Apartment Opp. Sadbhav Soc., Nr Yogashram Soc., Sa, tellite, Ahmedabad, Ahmedabad, Gujarat, India, 380015

Key Metrics

Founded Year

1970

Location

Mumbai, India

Stage

Public

Total Funding

$14.5M in 1 round

Latest Funding Round

Series B, Sep 15, 2025, $*****

Investors

Motilal Oswal Financial Services & 8 more

Ranked

1^st among 154 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

413 as on Jul 31, 2026

Similar Companies

Whizzo & 101 more

Exit Details

Public

View Kusumgar's full profile

Kusumgar is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
PERTEX SOLUTIONS LLP CIN: AAW-9243 , India, Active	May 04, 2021	0 - ₹10 Cr (As on Mar 31, 2025)	941 (As on Aug 31, 2025)
KUSUMGAR LIMITED CIN: U65990MH1990PLC056871 , India, Active	Jun 15, 1990	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	921 (As on Feb 01, 2026)
SPECIALTY FABRICS PRIVATE LIMITED CIN: U17120MH2009PTC191201 , India, Active	Mar 24, 2009	₹10 - ₹50 Cr (As on Mar 31, 2025)	7 (As on Aug 31, 2025)
ENGINEERED COATED FABRIC PRIVATE LIMITED CIN: U17100MH1985PTC036626 , India, Active	Jun 19, 1985	₹10 - ₹50 Cr (As on Mar 31, 2025)	54 (As on Aug 31, 2025)
V.B.KUSUMGAR AND COMPANY PVT LTD CIN: U34201GJ1921PTC000055 , India, Active	Feb 17, 1921	0 - ₹10 Cr (As on Mar 31, 2025)	-
KUSUMGAR TECHNOMIC FABRICS PRIVATE LIMITED CIN: U17114GJ1990PTC013251 , India, Active	Jan 18, 1990	0 - ₹10 Cr (As on Mar 31, 2025)	-

Kusumgar got listed on Jul 15, 2026.

Click here to take a look at Kusumgar's IPO in detail

Kusumgar has raised a total funding of $14.5M over 1 round. Its latest funding round was a Series B round on Sep 15, 2025 for $*****. 8 investors participated in its latest round. Kusumgar has 9 institutional investors.

Here is the list of recent funding rounds of Kusumgar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 15, 2025	8853542	Series B	6007748	9453610	7833544	1806339

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View details of Kusumgar's funding rounds and investors

The founders of Kusumgar is Siddharth Yogesh Kusumgar.

Here are the details of Kusumgar's key team members:

Siddharth Yogesh Kusumgar: Founder of Kusumgar. They serve on the board of 1 company.
Contact Info: 1 phone number

Kusumgar's Board of Directors

Kusumgar's board has 6 active members. Siddharth Yogesh Kusumgar, Sapna Siddharth Kusumgar and Ankur Kothari are part of team and Kaushal Jaysingh Sampat, Deepti Gupta and Nihar Ajay Parikh are independent board members.

Here is the list of Kusumgar's board of directors:

Name	Type	Representing	Status	Duration
Siddharth Yogesh Kusumgar	Team	-	Current	26y 1m
lgjpoig	Team	-	Current	8y 3m
wwyqxbt	Team	-	Current	2y 5m
Kaushal Jaysingh Sampat	Independent board member	-	Current	1y 5m
mvzfxvi	Independent board member	-	Current	3y 7m
slxlabo	Independent board member	-	Current	8y 6m

View details of Kusumgar's Founder profiles and Board Members

Kusumgar's employee count trend

Kusumgar has 413 employees as of Jul 26. Here is Kusumgar's employee count trend over the years:

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Top competitors of Kusumgar include Whizzo, Garware Technical Fibres and Loomia. Here is the list of Top 10 competitors of Kusumgar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Kusumgar 1970, Mumbai (India), Public	Manufacturer of engineered fabrics and solutions	$14.5M	White Oak, Ashoka India Equity Investment ... & 7 others	63/100
2nd	Whizzo 2024, Bengaluru (India), Series A	Manufacturer of technical textiles fashion fabrics yarns and sustainable fibers	$19.3M	Lightspeed Venture Partners, Fundamentum & 7 others	61/100
3rd	Garware Technical Fibres 1976, Pune (India), Public	Developer of technical textiles for multiple industries	-	Catamaran	58/100
4th	Loomia 2004, New York City (United States), Acquired	Provider of a circuit technology designed for integration with e-textiles	$7.5M	Western Technology Investment, Dot Edu Ventures ... & 10 others	58/100
5th	Nextiles 2018, Brooklyn (United States), Acquired	Sports perfprmance analytics systems	$5M	Newlab, Drive by DraftKings & 9 others	58/100
6th	SRTX 2017, Montreal (Canada), Series D	Provider of an internet first brand platform offering tights	$65M	H&M Group Ventures, BDC & 8 others	57/100
7th	LifeLabs 2020, Sunnyvale (United States), Seed	Internet first brand offering performance apparel wear for women and men	$13.8M	Asia Green Fund	52/100
8th	HeiQ 2005, Schlieren (Switzerland), Public	Developer of textile technologies, coatings, polymers, and probiotic-enhanced goods	-	Credit Suisse Entrepreneur Capital, Mamie Capital ... & 2 others	47/100
9th	Footfalls & Heartbeats 2010, Nottingham (United Kingdom), Series A	Provider of smart sensor textiles	$4.9M	Midlands Engine Investment Fund, New Zealand Growth Capital Partners ... & 49 others	44/100
10th	AmSafe Bridport 1979, Bridport (United Kingdom), Unfunded	Manufacturer of engineered textile solutions for aerospace and defence markets	-	-	44/100

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Founders (largest shareholder) own 65.46%, Funds own 2.99%, Parent Entities own 0.00% and Enterprises own 0.28%. The net worth of Kusumgar's founders is INR 2,560Cr as of Sep 15, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	65.46%	2,560Cr	1547546	6978727	5371138	9815822
Siddharth Yogesh Kusumgar	0	0	0	0	0	0
Fund	2.99%	117Cr	29	61	38	33
Motilal Oswal Financial Services	5	4	2	8	6	7
EAAA Alternatives	0	0	0	0	0	0
Parent Entity	0.00%	9.31L	0	0	0	0
Enterprise	0.28%	10.9Cr	0	0	0	0
Other People	29.33%	1,150Cr	3516186	5432242	6974832	7609858
ESOP Pool	1.93%	75.6Cr	2	5	4	5
Total	100.00%	3,910Cr	4850388	8479891	6192716	6020371