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.


Devdiscourse News Desk | New Delhi | Updated: 08-08-2024 16:20 IST | Created: 08-08-2024 16:20 IST
Scimplify Secures $9.5 Million in Series A Funding
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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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