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 Apr 30, 2026, the latest employee count at Pioneer Cement is 421.

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 42nd amongst 533 active competitors, of which 4 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was JSW Cement, which secured $50M in Jun, 2023.

Who are the top competitors of Pioneer Cement?

Pioneer Cement's top competitors include Ambuja Cements, Dangote Group and Wonder Cement. Among them, JSW Cement secured the most recent funding round in June, 2023.

Pioneer Cement - 2026 Company Profile, Funding & Competitors

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

42^nd among 533 active competitors

Employee Count

421 as on Apr 30, 2026

Similar Companies

Ambuja Cements & 564 more

Exit Details

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

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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	5056462	Post IPO	3603462	2938890	6859207	7832124
Sep 03, 2020	1606509	Post IPO	1180654	6265818	7359030	Mapleleafcapital

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View details of Pioneer Cement's funding rounds and investors

Pioneer Cement's employee count trend

Pioneer Cement has 421 employees as of Apr 26. Here is Pioneer Cement's employee count trend over the years:

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Top competitors of Pioneer Cement include Ambuja Cements, Dangote Group and Wonder Cement. 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	Ambuja Cements 1983, Mumbai (India), Acquired	Manufacturer of cement and other building materials	$1.45M	Holcim, Impact Fund Denmark	64/100
2nd	Dangote Group 1981, Lagos (Nigeria), Acquired	Diversified conglomerate operating across multiple industries	$289M	NNPC, Investec & 3 others	60/100
3rd	Wonder Cement 2007, Udaipur (India), Series A	Manufacturer of cement materials	$24.4M	R K Marble & 18 others	59/100
4th	ACC 1936, Ahmedabad (India), Acquired	Manufacturer of cement and ready-mixed concrete products	-	Holcim, Morgan Stanley	56/100
5th	UltraTech Cement 1983, Mumbai (India), Public	Manufacturer of grey cement, ready-mix concrete, and white cement	-	-	55/100
6th	Kanodia Cement 2009, Noida (India), Funding Raised	Manufacturer of cement and concrete	-	-	54/100
7th	Ash Grove 1882, Overland Park (United States), Acquired	Manufacturer of cements	-	-	53/100
8th	JSW Cement 2009, Mumbai (India), Public	Manufacturer of cement, cementitious materials, aggregates, additives, and ready-mix concrete	$193M	Apollo Global Management, Synergy & 12 others	53/100
9th	JK Lakshmi Cement 1982, Delhi (India), Public	Manufacturer of cements	-	India Capital Growth	53/100
10th	Sagar Cements 1985, Hyderabad (India), Public	Producer of cement	-	Premji Invest, India Capital Growth & 1 others	52/100
42nd	Pioneer Cement 1986, Lahore (Pakistan), Acquired	Manufacturer of cements	-	Mapleleafcapital, KMLG	45/100