Corporate VC · Curated list
Pidilite Ventures
Seed · Sector agnostic · Mumbai
At a glance
- Stage focus
- Seed
- Primary sector
- Sector agnostic
- City
- Mumbai
- HQ / office
- No office address is published on the Pidilite Ventures site (pitch is via an Asana form only). Registered office of the legal entity Pidilite Ventures Pvt Ltd (CIN U24114MH1989PTC052007) and parent Pidilite Industries Ltd: Regent Chambers, 7th Floor, 208 Nariman Point, Mumbai, Maharashtra 400021, India.
- Fund registered
- 2020
- Investments on record
- 12
- Corpus (as reported)
- No dedicated fund/AUM; invests off the parent company's balance sheet. Cumulatively invested ~USD 35 million across ~10–12 startups (reported Jan 2024).
- Website
- pidilite.vc
- Profile ↗
About
Pidilite Ventures is the corporate venture-capital arm of Pidilite Industries Ltd (maker of Fevicol, etc.), founded in 2020 to invest in startups in the construction, home and interiors space. It invests off the parent's balance sheet rather than a fixed fund and is stage-agnostic across five sectors. Key people include Sanket Parekh (Executive Director, since 2022); the legal entity's directors include Apurva Parekh, Sanjay Bahadur and Sanket Parekh. Also partnered with 100X.VC for early-stage deal flow.
Investment focus
Stage-agnostic ("Seed to Series D"). Sector focus: Construction, Home & Interiors — specifically Home Improvement & Renovation, Home Care & Maintenance, Contractor-as-a-Customer, Arts & Craft, and Smart/Green Building Materials. Strategic (corporate) investor.
SEBI registration
Registration category not stated — reported as “Corporate VC”
SIDBI Fund of Funds
None found — corporate venture arm of Pidilite Industries Ltd; funded by parent company. No evidence of SIDBI FFS or any government/DFI as LP.
Notable portfolio
Livspace; Pepperfry; HomeLane; BuildNext; AapkaPainter; Imagimake; Onsite Teams; Pace Robotics; Finemake; Wify; Magicdecor; Karwaan
Team & organisation
Corporate VC arm of Pidilite Industries Ltd (founded 2020, Mumbai/Bangalore). No SEBI AIF registration evidenced from sources reviewed; appears to invest off the corporate balance sheet rather than as a disclosed third-party AIF. Focus: home improvement / building-materials ecosystem.
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Frequently asked
- What does Pidilite Ventures invest in?
- Stage-agnostic ("Seed to Series D"). Sector focus: Construction, Home & Interiors — specifically Home Improvement & Renovation, Home Care & Maintenance, Contractor-as-a-Customer, Arts & Craft, and Smart/Green Building Materials. Strategic (corporate) investor.
- How do I pitch Pidilite Ventures through iHub India?
- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
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About this record
- ⚑ Corporate (strategic) VC, not a financial/independent VC — invests off parent's balance sheet with no dedicated fund/AUM, strategically focused on the construction/home/interiors adjacency to Pidilite's core business. No email published on the official site (only an Asana pitch form); a "[REDACTED]" email string seen in ZaubaCorp/scraper snippets is a redaction placeholder, NOT a verified address — do not use. One third-party source (Inc42) cites a Bengaluru base while the registered office is Mumbai. Private entity (not government/DFI). No fraud or name-collision concerns.
Compiled from public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://pidilite.vc/; https://www.linkedin.com/company/pidilite-ventures/