Rossari Biotech was established in 2003 as Rossari Labtech, a partnership, and was transformed into a corporation in 2009 and renamed Rossari Biotech. They manufacture chemicals with a focus on the specialty chemicals market.
Battling the second COVID-19 wave
To help India fight the pandemic, Democracy People Foundation has started an initiative called Mission Oxygen to help hospitals across the country get immediate access to oxygen concentrators.
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India finds itself in the middle of the deadly second COVID-19 wave, recording over 3 lakh daily new infections. This has put the entire healthcare system under immense stress, leading to an acute shortage of oxygen.
Led by a group of founders, the initiative has a target to raise Rs 5 crore to procure oxygen concentrators for 14 hospitals, as well as the state governments of Maharashtra and Delhi.
How two friends built a Rs 600 Cr revenue business by making speciality chemicals
Sunil Srinivasan Chari and Edward Walter Menezes started Rossari Biotech in Mumbai to manufacture speciality chemicals for textiles. Here is how they grew Rossari into a leading speciality chemicals manufacturer and took it to IPO.
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Sunil Srinivasan Chari and
Edward Walter Menezes to start their own business in the same sector.
The budding entrepreneurs were looking to start a business supplying Indian speciality chemicals that met the needs of local industries. The seeds of the idea were sown back in 1997, and the duo formally incorporated the business in 2003 under the name