Good Bricks

What Good Bricks does

Good Bricks is a South Asian construction-materials technology brand operated by InnoCSR Co Ltd, a privately held South Korean material technology company headquartered in Seoul. The company licenses and operates the Good Bricks System (GBS), a non-fired brick manufacturing process that uses a proprietary chemical called Good Soil Stabilizer — combined at roughly 0.2% by weight with soil (90%) and cement (9.8%) — together with hydraulic pressing machinery to produce bricks with 8+ MPa compressive strength without coal combustion. It serves traditional brick manufacturers and kiln owners seeking alternatives to coal-fired production (which causes ~600 deaths/year and $46M in public health costs in Nepal), construction companies and contractors needing durable sustainable materials, and government housing programs such as the Sindh People's Housing for Flood Affectees in Pakistan.

The core product portfolio consists of the Good Bricks System as the primary technology platform, Good Soil Stabilizer as the recurring chemical input (consumed at ~5 grams per 2.7 kg brick), and the Good Road System (GRS) as a related sub-product applying the same stabilizer chemistry to road sub-pavement construction. Production claims versus traditional fired methods include 80% faster output, one-tenth the labor and land requirements, year-round manufacturing capability, and elimination of coal burning. Technology is delivered through directly owned demonstration factories (Surkhet, Jajarkot, Thatta, Ranchi), authorized manufacturer partnerships (5+ named producers in Nepal), exclusive regional distributors (Rango Engineering Solutions in Bagmati Province), and association-led go-to-market (JPBMA covering 2,400 brick kiln owners in Jharkhand, India).

The business model spans three monetization streams: product sales of Good Soil Stabilizer to licensed manufacturers, technology licensing for machinery and training on multi-year contracts (pricing is quote-based and not publicly disclosed), and voluntary carbon credits via Verra's Verified Carbon Standard. The company is venture-backed (ADB Ventures grant of $125,000 in 2020, Series A closed in 2024 with ADB Ventures, Garden Impact Fund, and Clarion Newlife Capital, extended in January 2025 with NH Investment & Securities) and additionally funded by development finance institutions (KOICA, KEITI, KIND, KOTRA, Korea Eximbank, KEA) and supported by UNIDO and the EU. Operations span Nepal, India, and Pakistan with regional entities Good Bricks Nepal, Good Bricks India, and Good Bricks Pakistan, plus a regional InnoCSR office in Kuala Lumpur; headcount is 11-50 and revenue is not publicly disclosed.

Name

Good Bricks

Legal name

Good Bricks Nepal

Website

https://thegoodbricks.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Good Bricks is InnoCSR's South Asian brand that licenses its non-fired brick manufacturing technology and proprietary Good Soil Stabilizer to brick manufacturers, contractors, and government housing programs across Nepal, India, and Pakistan.

Ownership category

akta.pro rank

Product category

Sustainable Construction Materials

NAICS

Concrete Block and Brick Manufacturing (327331)

akta.pro industry

PRIMARYIMADABAB

Concrete Masonry Units (CMU) & Concrete Blocks

Industrials, Manufacturing & Construction/Building Materials & Products/Bricks, Blocks & Masonry Products

Keywords

• Non-fired brick manufacturing
• Soil stabilization technology
• Sustainable construction materials
• Low-carbon brick production
• Green building technology

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Soil Stabilizer Sales: Sale of proprietary Good Soil Stabilizer to brick manufacturers who adopt the Good Bricks System. Manufacturers purchase stabilizer along with machinery and technical support.
2. Technology Licensing: Licensing of Good Bricks System technology to manufacturers, including machinery provision and technical training for non-fired brick production.
3. Carbon Credits: Voluntary carbon credits (Verified Carbon Units/VCUs) generated through Verra's Verified Carbon Standard (VCS) from green brick production. Carbon credits can be sold on voluntary carbon markets to entities seeking to offset emissions.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Good Bricks System (GBS) is an eco-friendly, non-fired brick manufacturing technology developed by InnoCSR that uses a proprietary Good Soil Stabilizer (a specialty chemical) combined with soil and cement, pressed via hydraulic machinery to produce high-quality bricks (8+ MPa compressive strength). The system eliminates coal burning, enables year-round indoor production with 80% faster output and one-tenth the labor and land requirements of traditional fired brick kilns, targeting brick manufacturers, construction companies, and government housing programs across South Asia.

Product overview

Good Bricks operates as a technology platform offering the Good Bricks System (GBS) as its core product — an eco-friendly, non-fired brick manufacturing technology originating from Korea. The system consists of the proprietary Good Soil Stabilizer (a key chemical component) and specialized hydraulic machinery. The company also offers the Good Road System (GRS) as a related sub-product using the same soil stabilization technology for road construction. The portfolio enables year-round production of high-quality bricks that meet global standards (8+ MPa compressive strength) while eliminating coal combustion and reducing environmental impact.

Differentiator

Problem solved

Functional benefit

Brands

• Good Road System (GRS): Soil stabilized road technology using Good Soil Stabilizer for sub-pavement construction, reducing road construction costs by 10-20%

Products and services

• Good Bricks System (GBS) Turnkey eco-friendly, non-fired brick manufacturing technology combining the proprietary Good Soil Stabilizer with specialized hydraulic machinery to produce high-quality bricks (8+ MPa compressive strength) without coal or fire. Sold or licensed to brick manufacturers, kiln owners, and construction firms in South Asia (Nepal, India, Pakistan) for year-round production.
• Good Soil Stabilizer Proprietary specialty chemical (Soil 90% + Cement 9.8% + Soil Stabilizer 0.2%) consumed at approximately 5 grams per 2.7 kg brick. Sold to licensed brick manufacturers using the Good Bricks System; the core consumable input that enables non-fired production.
• Good Road System (GRS) Soil stabilized road technology that uses the Good Soil Stabilizer for sub-pavement construction, reducing road construction costs by 10-20% by removing the need for aggregates; construction can be completed in 1-2 days. Targeted at government road and rural infrastructure programs.

Quantifiable outcome

• 80% faster brick production compared to traditional fired bricks
• +5 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

16 partnerships are on record, tiered core, major and minor.

• JPBMA (Jharkhand Pradesh Brick Manufacturers' Association)coreStrategic or Co-development Partner · 7 December 2025MoU signed in Dhanbad to promote Good Bricks System across Jharkhand, India. JPBMA represents 2,400 member brick kiln owners and will support technology adoption and stakeholder engagement with government departments.
• IIT Madras (Indian Institute of Technology Madras)coreTechnology or Integration · 8 September 2025MoU signed for comprehensive R&D study on Good Bricks technology including mechanical performance, durability, and material compatibility. Study funded by Korea Energy Agency (KEA) and involves evaluation of waste materials like pond ash for brick production in India.
• Rango Engineering SolutionscoreChannel Partner/ Reseller/ Distributor · 2 May 2025Landmark distribution agreement signed May 2, 2025 in Kathmandu. Rango Engineering serves as official distributor of Good Bricks Soil Stabilizer in Bagmati Province, committed to pre-ordering and distributing the core component for sustainable construction adoption.
• Reserve CarboncoreStrategic or Co-development Partner · 29 April 2025Partner in International Mitigation Project for Low-Carbon Brick Manufacturing in Nepal. Reserve Carbon collaborates on carbon credit generation and R&D initiatives including MoU with IIT Madras for Good Bricks technology evaluation.
• Korea Western PowermajorStrategic or Co-development Partner · 29 April 2025Partner in International Mitigation Project for Low-Carbon Brick Manufacturing; co-funded feasibility study with KIND assessing Good Bricks scaling across multiple sites in Nepal.
• Municipal Governments of Panchkhal, Khandbari, and PhidimmajorStrategic or Co-development Partner · 29 April 2025Municipal stakeholders signing MoU for International Mitigation Project to launch Low-Carbon Brick Manufacturing in Nepal, supporting adoption of eco-friendly brick production.
• FCAN (Federation of Contractors' Associations of Nepal)majorStrategic or Co-development Partner · 29 April 2025Industry association partner in International Mitigation Project, promoting sustainable brick adoption among contractors.
• EFPAN (Environmentally Friendly Construction Material Producers Association Nepal)majorStrategic or Co-development Partner · 29 April 2025Industry association partner supporting scaling of sustainable brick production across Nepal.
• UNIDO (United Nations Industrial Development Organization)majorStrategic or Co-development Partner · 20 April 2025Supporting Good Bricks factory launch in Thatta, Pakistan as part of sustainable building practices advancement.
• KOTRA (Korea Trade-Investment Promotion Agency)majorStrategic or Co-development Partner · 20 April 2025Supporting Good Bricks factory launch in Pakistan as part of Korean trade and investment promotion.
• SPHF (Sindh People's Housing for Flood Affectees)coreChannel Partner/ Reseller/ Distributor · 20 April 2025Good Bricks supplies bricks to SPHF for reconstruction of flood-affected buildings in Sindh province. SPHF leads world's largest housing initiative of 2.1 million houses, promoting eco-friendly technologies.
• HANDS PakistanmajorStrategic or Co-development Partner · 20 April 2025Supporting Good Bricks factory launch in Pakistan as development partner for sustainable building practices.
• NED University of Engineering & TechnologyminorStrategic or Co-development Partner · 20 April 2025Academic partner supporting Good Bricks factory launch in Pakistan with technical expertise.
• GGGI (Global Green Growth Institute)majorStrategic or Co-development Partner · 22 August 2024Partner in KSP project conclusion seminar, providing insights for sustainable transformation of Nepal's brick industry and guiding future green growth initiatives.
• DOLIDAR (Department of Local Infrastructure Development and Agricultural Roads, Nepal)minorStrategic or Co-development Partner · 21 June 2022Government department whose data shows Nepal needs ~40,000 kms of earthen roads to be upgraded; potential market for Good Road System technology.
• JB Eco Bricks NepalcoreChannel Partner/ Reseller/ Distributor · 21 February 2022Early adopter partnership producing ~50 million bricks per year at five kilns in Bhaktapur, Makawanpur, and Dhading; transitioning from coal-fired to Good Bricks technology.

Scale indicators9 records

Recent moves9 records

Expansion highlights7 records

Broad incumbents

• CRH plc: Global building materials group with leading positions in cement, aggregates and concrete products across Asia, Europe and the Americas. Comparable as a broad incumbent with portfolio offerings overlapping Good Bricks' masonry construction materials category.
• Taiheiyo Cement Corporation: Japanese-headquartered cement and concrete products major with growing South and Southeast Asian footprint. Relevant incumbent comparable in cement-based construction materials and sustainability-driven product innovation.
• Boral Limited: Australia-headquartered building materials group with brick, concrete and asphalt product lines across Asia-Pacific. Comparable as a broader incumbent producing masonry construction materials at industrial scale.
• ACC Limited: Major Indian cement and concrete manufacturer (Holcim group) supplying the same residential and infrastructure construction end-markets that Good Bricks targets via its authorized manufacturers in India.
• UltraTech Cement: India's largest cement and ready-mix concrete producer with deep reach into housing and infrastructure segments. Directly comparable as a dominant Indian construction-materials incumbent adjacent to Good Bricks' Indian kiln-owner customer base.
• Forterra plc: UK-listed manufacturer of clay bricks, concrete blocks and precast products. Comparable as an established incumbent in masonry units using traditional kiln methods, operating in a different geography but in the same product category.
• Wienerberger AG: World's largest producer of clay bricks and a dominant European incumbent in masonry and roofing solutions. Operates broadly in the same brick-and-masonry category Good Bricks targets, though using traditional fired-clay methods rather than stabilized soil.

Others

• CarbonCure Technologies: Canadian carbon-sequestration technology provider for the concrete industry, monetizing avoided CO2 emissions through carbon credits. Thematically comparable to Good Bricks' VCS-registered carbon-credit monetization strategy applied to brick production rather than ready-mix.

Direct peers

• Hydraform International: South Africa-based manufacturer of compressed earth block (CEB) machinery and stabilized soil blocks. Hydraform is the closest direct competitor to Good Bricks, offering comparable non-fired brick production systems targeting developing-market construction.

Emerging players

• Auroville Earth Institute: India-based research and advisory body promoting compressed stabilized earth block (CSEB) technology across developing countries. Comparable as an emerging/early-stage player advancing the same non-fired, soil-stabilizer-based brick approach in South Asian markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/GoodBricks_
• Facebookfacebook.com/goodbricksalliance
• LinkedInlinkedin.com/company/innocsr-co-ltd/mycompany
• Instagraminstagram.com/good_bricks_nepal

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Good Bricks