Varmora Granito Pvt.

Morbi, India · Founded 2003 · $90.0M raised

Headquarters
Morbi, Gujarat
Employees
1001–5000
Founded
2003
Business Model
B2B2C
Total Funding
$90.0M
Last Round
$90.0M Private EquityJun 2022
Rounds
1

About

Varmora Granito Ltd. is a leading Indian manufacturer of tiles, bathware, sanitaryware, and adhesives, headquartered in Morbi, Gujarat — India's ceramic manufacturing hub. Founded in 2003, Varmora has built a distinguished reputation for innovation, becoming the first in the industry to introduce digitally printed wall tiles (2010), double charge tiles in 800x800mm (2012), and integrated stone technology (2024). The company operates 12 manufacturing units with a yearly production capacity of 43.8 million square meters, distributing through 275+ exclusive brand outlets and 2,000+ multi-brand outlets across India. Varmora exports its premium ceramic surfaces to over 100 countries, with an annual turnover exceeding INR 500 crore.

Summary

Varmora Granito Pvt. is a company based in Morbi, India, founded in 2003. It has raised $90.0M in total across 1 round, most recently a $90.0M Private Equity round in Jun 2022. Investors include Katsura Investments.

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Funding History

Private EquityPrivate EquityJun 2022
$90.0M

Investors