When was Pioneer Cement founded?

Pioneer Cement was founded in 1986 and raised its 1st funding round 34 years after it was founded.

Where is Pioneer Cement located?

Pioneer Cement is headquartered in Lahore, Pakistan.

How many employees does Pioneer Cement have?

As of Aug 31, 2026, the latest employee count at Pioneer Cement is 437.

Is Pioneer Cement a funded company?

Pioneer Cement is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Sep 03, 2020.

When was the latest funding round of Pioneer Cement?

Pioneer Cement's latest funding was a $***** Post IPO round on Mar 13, 2023, with participation from 1 investor.

Where does Pioneer Cement rank among its competitors?

Pioneer Cement ranks 27th amongst 572 active competitors, of which 3 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Dangote Group, which secured $600M in Aug, 2026.

Who are the top competitors of Pioneer Cement?

Pioneer Cement's top competitors include Ultra Tech Cement, JK Cement and Ambuja Cements. Among them, Dangote Group secured the most recent funding round in August, 2026.

Pioneer Cement - 2026 Company Profile, Funding & Competitors

Pioneer Cement is an acquired company based in Lahore (Pakistan), founded in 1986. It operates as a Manufacturer of cements. Pioneer Cement has raised an undisclosed amount in funding. The company has 572 active competitors, including 3 funded and 143 that have exited. Its top competitors include companies like Ultra Tech Cement, JK Cement and Ambuja Cements.

Company Details

Website: pioneercement.com
Social
Email ID: *****@pioneercement.com, *****@pioneercement.com
Phone Number: +92 **********

Key Metrics

Founded Year

1986

Location

Lahore, Pakistan

Stage

Acquired

Latest Funding Round

Post IPO, Mar 13, 2023, $*****

Investors

Mapleleafcapital & 1 more

Ranked

27^th among 572 active competitors

Employee Count

437 as on Aug 31, 2026

Similar Companies

Ultra Tech Cement & 603 more

Exit Details

Acquired by Maple Leaf Cement Factory (Dec 18, 2025)

View Pioneer Cement's full profile

Pioneer Cement got acquired by Maple Leaf Cement Factory on Dec 18, 2025.

Click here to take a look at Pioneer Cement's acquisition in detail

Pioneer Cement has raised funding over 2 rounds. Its first funding round was on Sep 03, 2020. Its latest funding round was a Post IPO round on Mar 13, 2023 for $*****. 1 investor participated in its latest round. Pioneer Cement has 2 institutional investors.

Here is the list of recent funding rounds of Pioneer Cement:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 13, 2023	3724812	Post IPO	5715863	9361690	2580801	5195201
Sep 03, 2020	3170787	Post IPO	5999846	2475118	5091423	Mapleleafcapital

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View details of Pioneer Cement's funding rounds and investors

Pioneer Cement's employee count trend

Pioneer Cement has 437 employees as of Aug 26. Here is Pioneer Cement's employee count trend over the years:

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Top competitors of Pioneer Cement include Ultra Tech Cement, JK Cement and Ambuja Cements. Here is the list of Top 10 competitors of Pioneer Cement, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ultra Tech Cement 1983, Mumbai (India), Public	Manufacturer of grey cement, ready-mix concrete, and white cement	-	-	68/100
2nd	JK Cement 1975, Kanpur (India), Public	Manufacturer of cement and cement-based products	-	-	65/100
3rd	Ambuja Cements 1983, Mumbai (India), Acquired	Manufacturer of cement and other building materials	$1.45M	Holcim, Impact Fund Denmark	64/100
4th	Dalmia Bharat 1939, Delhi (India), Public	Producer of cement and sugar	-	Education Growth Partners, True North	66/100
5th	Dangote Group 1981, Lagos (Nigeria), Acquired	Diversified conglomerate operating across multiple industries	$3.39B	NNPC, Gateway Capitals & 3 others	61/100
6th	Shree Cement 1979, Gurugram (India), Public	Manufacturer of cement products and power generation for construction sectors	-	Nalanda Capital	60/100
7th	JK Lakshmi Cement 1982, Delhi (India), Public	Manufacturer of OPC cement for lasting strength	-	India Capital Growth	60/100
8th	Wonder Cement 2007, Udaipur (India), Series A	Manufacturer of cement materials	$24.4M	R K Marble, Emerald Family Ventures & 17 others	60/100
9th	JSW Cement 2006, Mumbai (India), Public	Manufacturer of cement, cementitious materials, aggregates, additives, and ready-mix concrete	$193M	Synergy Capital, Apollo Global Management ... & 12 others	59/100
10th	Sanghi Cement 2003, Ahmedabad (India), Acquired	Manufacturer of cement	$47.9M	Piramal Group	57/100
27th	Pioneer Cement 1986, Lahore (Pakistan), Acquired	Manufacturer of cements	-	Mapleleafcapital, KMLG	45/100