Building Materials startups in India
There are 6,120 Building Materials startups in India which include Tata Steel, JK Cement, Gold Plus, Asian Paints, Deepak Fasteners. Out of these, 171 startups are funded, with 215 having secured Series A+ funding.
Over the past 10 years, an average of 140 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Bombay, IIM Bangalore and IIM Calcutta.
Here is the list of top Building Materials startups in India

1. Tata Steel
Manufacturer of steel and related metal products. Offering products like Flat Products, Construction Products, Agricultural Implements, Bearings, etc. Offices locations in Mumbai, Jamshedpur, London, Singapore, and Bangkok. Serves in industry verticals Construction, Automotive, Consumer Goods, Energy & Power, Agriculture, Lifting & Excavating, Engineering, Packaging, Aerospace, Ship Building, Rail, Defense, and Security. In 2022, the company recorded annual revenues of $30.28B and a net profit of $1.09B
Key facts about Tata Steel
2. JK Cement
Key facts about JK Cement
- Founded Year: 1975
- Location: Kanpur (India)
- Stage: Public
- Latest Funding Round: Post IPO, Dec 25, 2018, $*****
- Tracxn Score: 69/100 What is this?
- Competitors Rank: 2 of 12,570 Competitors
3. Gold Plus
Manufacturer of glass products. Its product portfolio comprises clear glass and value-added glass catering to a wide range of end-user industries including construction, automotive, and industrial sectors. It produce a range of value-added glass products including silver glass, frosted glass, mirrors, tinted glass, solar control reflective glass for a wide range of applications.
Key facts about Gold Plus
- Founded Year: 1985
- Location: Delhi (India)
- Stage: Series D
- Total Funding till date: $147M
- Investors: Rishikesh Traexim, Dinanath Scrap Dealers and 48 Others
- Latest Funding Round: Series D, Mar 01, 2022, $*****
- Tracxn Score: 68/100 What is this?
- Competitors Rank: 1 of 1,879 Competitors

4. Asian Paints
Manufacturer of industrial and decorative paints.The company also offers services like color consultancy, using tools such as their Color Visualizer app, and provides end-to-end home painting solutions including design and renovation services. The paints inlcude enamel, oil, emulsion, synthetic rubber, bituminous, and more. It also provides services such as personalized interior designs, wall painting.
Key facts about Asian Paints
- Founded Year: 1942
- Location: Mumbai (India)
- Stage: Public
- Tracxn Score: 67/100 What is this?
- Competitors Rank: 3 of 2,312 Competitors
Manufacturer of high-strength industrial fasteners. It produces a wide variety of fasteners, including socket screws, pins, wrenches, and specialized bolts. The company offers various coatings for enhanced durability and performance. A focus on quality control ensures products meet demanding industry standards. The manufacturing process incorporates advanced technologies to deliver precision-engineered fasteners.
Key facts about Deepak Fasteners
- Founded Year: 1958
- Location: Ludhiana (India)
- Stage: Series C
- Total Funding till date: $74.3M
- Investors: BanyanTree Finance, DEG and 11 Others
- Latest Funding Round: Series C, Jun 14, 2022, $*****
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 1 of 270 Competitors
