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The company was founded in 1980 by Unnathan Shekhar, Geera Ramakrishnan, Shashi Shanbhag, CR Ramakrishna, and Sudhir Patil; five friends, all aged 23, who all came from different backgrounds. They began their company as contract manufacturers for Colgate-Palmolive, producing Sodium laureth sulfate in a small lab in Ghatkopar.In 1984, Galaxy opened its first plant at Tarapur and second plant for sulfonation was opened in Taloja in 1998.
Galaxy also started a research centre at Navi Mumbai in 1997.In July 2009, Galaxy acquired TRI?K Industries, a distributor and producer of specialty ingredients. This acquisition of a 30 year old New Jersey headquartered company gave the company a foothold in the United States with additional protein manufacturing facilities in New Hampshire.In 2011, Galaxy commissioned manufacturing plants at Zaghadia in Gujarat and Suez in Egypt at the cost of ?330 crore.In 2012, Galaxy became a member of Roundtable on Sustainable Palm Oil, taking a step towards creating a sustainable palm oil supply chain.In 2018, Galaxy floated their IPO and was listed on the Indian stock exchanges .
