[Funding alert] Speciality Chemicals Firm Scimplifi Raises $3.6 Mn From 3one4 Capital, Beenext

Scimplifi, a platform for sourcing and manufacturing specialty chemicals, has raised $3.67 mn from Beenext and 3one4 Capital.

According to the startup, the money would be used to grow the core team’s capabilities in value engineering, organisation, and tech.

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“Globally, manufacturing supply chains are shifting in India’s favour like never before. However, it is complex to bring together the R&D across multiple chemistries, compliances across different markets, and manufacturing from milligram to metric tonne scale. We aim to become a trusted, science-first platform from a concept in a lab to finished product manufacturing,” said Salil Srivastava, cofounder and CEO of Scimplifi.

Their internal value engineering team, which is made up of analytical, process, and chemical research teams, will help manufacturers develop goods and then scale them for market.

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“In the backdrop of robust macro trends within the sector and capabilities across the product life cycle, Scimplifi has made a solid debut. Salil and Sachin have curated a skilled team with a mix of business and technical know-how. We’re enthusiastic about partnering with Scimplifi,” said Akshay Sharma, vice president, investments, 3one4 Capital.

About Scimplifi

Salil Srivastava and Sachin Santhosh founded Scimplifi, a B2B fulfilment platform that works with the pharmaceutical, consumer care, and chemical industries throughout the whole product lifecycle.

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