Flychem stands as a paragon of excellence in the realm of manufacturing and distributing premium ingredients for personal care, home care, pharmaceuticals, food and beverages, agriculture, and nutraceuticals. The company consistently delivers products of unparalleled quality, meticulously tailored to meet the variegated needs of its discerning clientele. With an unwavering commitment to sustainability, Flychem seamlessly integrates eco-friendly practices into every facet of its operations, from conscientious sourcing to innovative production processes. This harmonious blend of quality and sustainability ensures that Flychem remains synonymous with value and excellence.
Flychem’s dedication to reducing its environmental footprint and fostering positive community impact further cements its reputation as a trusted partner in the creation of superior, eco-friendly products. The company’s mission is to provide innovative, sustainable, and ethically sourced ingredients across a diverse array of industries, including personal care, home care, agriculture, pharmaceuticals, food and beverages, and nutraceuticals. Flychem aspires to elevate the quality of life while championing environmental stewardship through its high-caliber materials.
In an exclusive interaction with The Interview World, Dr. Krishna Moolagundam, Managing Director of Flychem India Pvt. Ltd., elucidates the unique offerings of his illustrious company, divulges insights into their latest product launch, and delineates his visionary long-term plans. Presented here are the salient points from his illuminating interview.
Q: Can you provide an overview of Flychem, highlighting its core capabilities and key offerings to the industry?
A: At Flychem, we proffer premium ingredients spanning pharmaceuticals, cosmetics, food and beverages, agriculture, and home care. With a formidable R&D infrastructure, we spearhead product innovation, manufacturing, and B2B distribution. We facilitate formulation development, furnishing prototypes and comprehensive R&D support. As leaders in superior ingredients for Personal Care, Home Care, Pharmaceuticals, Food & Beverages, Agriculture, and Nutraceuticals, we uphold standards of excellence and sustainability. Our pioneering solutions elevate product efficacy while conscientiously curbing environmental footprints.
Q: How many unique formulations have you developed to date?
A: We have curated over a hundred formulations spanning Personal Care, Home Care, Pharmaceuticals, Food & Beverages, Agriculture, and Nutraceuticals.
Q: Do you provide your services and products exclusively in India, or do you also engage in exporting?
A: We are also exporting, maintaining offices in China, Hong Kong, and the USA. A recent breakthrough: the world’s purest encapsulated salicylic acid, with an unmatched 70% purity and exceptional 30% water solubility in powder form. This pioneering product has now been successfully launched in our domestic market.
Q: Can you share details about your newly launched product, including its key features and what makes it unique?
A: We christened it KOSAVA, boasting encapsulated salicylic acid with an unprecedented purity of 70% and exceptional water solubility at 30%. KOSAVA heralds a quantum leap in the science of personal care formulations. Our relentless pursuit of research and development has yielded a product that not only meets but surpasses the loftiest industry standards. We eagerly present KOSAVA to the world, reaffirming our commitment to pioneering personal care and cosmetic ingredients that yield remarkable results.
KOSAVA showcases the pinnacle of purity in encapsulated salicylic acid, ensuring unparalleled efficacy and safety. It delves deep into the skin, targeting problem areas more effectively than conventional salicylic acid formulations. Its advanced formulation delivers superior outcomes in acne treatment, inflammation reduction, and the cultivation of clear, radiant skin. The encapsulated salicylic acid minimizes irritation, rendering KOSAVA suitable for all skin types, even the most sensitive. With its sustained release mechanism, KOSAVA ensures continuous action, promising enduring enhancements in skin health.
Q: Can you share your current turnover figures?
A: We are currently achieving an annual business turnover of approximately Rs. 80 to 100 crore. This demonstrates our robust growth trajectory and financial stability in the market.
Q: How do you foresee your company’s growth and development over the next 5 to 10 years?
A: Our ambitious vision sets sights on reaching a USD 20 million target in the next five years. Immediate plans include the imminent establishment of our office in Korea, where our R&D operations are already in place but marketing infrastructure is yet to be implemented. Simultaneously, we are strategizing our entry into European countries and the Gulf region, marking a determined expansion phase.
Q: Can you share how you’re leveraging emerging technologies in your product innovation and R&D efforts?
A: As a firm, we harness advanced technology in our R&D, prominently employing AI in product development. These innovations empower us to streamline operations, expedite market entry, and amplify product visibility.
