Bengaluru-based startup Scimplify has secured $9.5 million in Series A funding, marking a significant step towards transforming the specialty chemical industry. The round was led by Omnivore, with participation from Bertelsmann India Investments and existing backers 3one4 Capital and Beenext.
Scimplify, founded in 2023 by industry veterans Salil Srivastava and Sachin Santhosh, provides a full-stack contract manufacturing platform for agrochemicals, pharmaceutical APIs, and flavours & fragrances. The startup is on a mission to drive the global green transition through innovative and sustainable chemical solutions.
The fresh capital will fuel Scimplify’s research and development (R&D) efforts, a cornerstone of its strategy, and enable the company to expand into new markets. By enhancing its R&D capabilities, Scimplify aims to develop cutting-edge, eco-friendly formulations that meet the growing demand for sustainable products. The company’s platform also leverages India’s existing manufacturing infrastructure, positioning the country as a key player in the global specialty chemicals market.
Mark Kahn, Managing Partner of Omnivore, praised Scimplify’s approach: “Scimplify’s science-driven platform is setting new standards for sustainable agrochemicals and green chemistry intermediaries. Their focus on innovation not only meets regulatory and consumer demands but also positions India as a leader in this critical industry.”
Scimplify’s growth is aligned with broader market trends, including the shift of supply chains from China to India and government incentives for manufacturing. By harnessing these opportunities, Scimplify is poised to become a significant force in the specialty chemicals sector, both in India and globally.
With this funding, Scimplify is well-positioned to lead the charge in sustainable chemical manufacturing, offering innovative solutions that meet the needs of a modern, environmentally-conscious world.
