Scimplify Secures $9.5 Million in Series A Funding
Speciality chemical manufacturing startup Scimplify has raised $9.5 million in a Series A funding round led by Omnivore. The funds will be used to expand R&D capabilities and reach new markets. Founded in 2023 by Salil Srivastava and Sachin Santhosh, the company offers contract manufacturing for agrochemicals, pharmaceutical APIs, and fragrances.
Speciality chemical manufacturing startup Scimplify has announced it has secured $9.5 million in a Series A funding round led by Omnivore, alongside Bertelsmann India Investments and existing investors 3one4 Capital and Beenext.
The Bengaluru-based startup, founded in 2023 by industry veterans Salil Srivastava and Sachin Santhosh, plans to leverage the fresh capital to enhance its R&D capabilities and expand into new geographic markets. Scimplify offers an end-to-end contract manufacturing platform catering to agrochemicals, pharmaceutical APIs, and flavours & fragrances.
Salil Srivastava previously led the chemicals vertical at Zetwerk and began his career with ITC Ltd, while Sachin Santhosh, an IIT-Madras alumnus, has prior experience with Bizongo and OfBusiness.
(With inputs from agencies.)
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