India,
March 01, 2025: Somany Impresa Group (SIG), a diversified
conglomerate with market-leading brands in packaging, sanitaryware, faucets,
consumer appliances, and plastic pipes & fittings, is expanding its
strategic vision with the launch of Tattva, its corporate venture capital (CVC)
arm.
Tattva will invest in
startups leveraging deep-tech in manufacturing, enterprise SaaS solutions,
sustainability-driven clean technologies, next-generation e-commerce platforms,
and disruptive product innovations. With a mission to empower innovative
companies, Tattva will provide capital investment, strategic guidance, access
to SIG’s extensive industry network, and operational expertise. By fostering a
vibrant innovation ecosystem, SIG aims to accelerate its internal
transformation, strengthen its market leadership, and create significant
long-term value.
The name “Tattva,”
derived from Sanskrit, means “essence” and “fundamental truth,” symbolizing
SIG’s commitment to fostering impactful innovation rooted in strong
fundamentals and long-term value creation.
“With
a history of market leadership, SIG is committed to shaping the future by
supporting the next wave of disruptive innovators. Tattva is our way of
accelerating this journey, building an ecosystem where pioneering startups can
leverage SIG’s scale, expertise, and industry network to create groundbreaking
solutions,” said Mr.
Sandip Somany, Chairman, Somany Impresa Group.
Shashvat
Somany, Strategy Head, Somany Impresa Group, added, “The
future of our industries lies in the ingenuity of today’s startups. Tattva is
more than just an investment arm—it is our bridge to the next generation of
ideas that will redefine manufacturing, consumer experiences, and
sustainability. Through this initiative, we aim to collaborate with visionary
entrepreneurs to drive meaningful impact across industries.”
Startups looking to
collaborate with Tattva can reach out to us at cvc@agigreenpac.com,
connect with us on LinkedIn SIG Tattva and stay tuned for our
upcoming website launch. We actively seek partnerships with ventures that share
our passion for innovation and are eager to scale with strategic support from
SIG. The company’s commitment is further reinforced by partnerships with
leading academic institutions such as IIT Bombay, IIT Madras, and IIM
Bangalore, which are vital for identifying and supporting high-potential
ventures.
About Somany Impresa
Group
Headquartered in Gurgaon, Somany Impresa Group is a leading Indian
conglomerate and the parent company of legacy brands such as Hindware and AGI
Greenpac. The Group operates through three key entities: Hindware Home
Innovation Limited (focused on consumer appliances), Hindware Limited (offering
sanitaryware, faucets, tiles, and plastic pipes & fittings), and AGI
Greenpac (focused on packaging products). Both AGI Greenpac and Hindware Home
Innovation Limited are listed on the Bombay Stock Exchange (BSE) and the
National Stock Exchange (NSE). Somany Impresa Group is dedicated to continuous
product and manufacturing innovation, delivering exceptional value to its
customers and stakeholders.
Media Contact
Meenakshi Oberoi | Head
Corporate Communications| meenakshi.oberoi@hindware.com
Keerti Singh| 20:20
MSL| keerti.singh@2020msl.com