Asian Paints is the largest paint and coating producer in India by a wide margin. With net sales of $4.20 billion (INR 344.886) billion in 2022-23 financial year, the company accounts for more than 50% of the India’s architectural coating business.
Why tech (software) companies secure funding more than product companies?
-Tech companies has significantly less fixed cost. Getting a server in Singapore will cater the whole Asian market (millions of users). With the same amount product companies