Scimplify, a startup specializing in specialty chemical manufacturing, has secured $9.5 million in Series A funding. The round was led by Omnivore, with additional participation from Bertelsmann India Investments and existing investors 3one4 Capital and Beenext.
Based in Bengaluru, Scimplify plans to allocate the new funds to bolster its research and development (R&D) capabilities and to expand into new markets.
Founded in 2023 by Salil Srivastava and Sachin Santhosh, Scimplify operates as a business-to-business (B2B) fulfillment platform for the complete sourcing and manufacturing of specialty chemicals. The company covers the entire product lifecycle, from contract research to commercial chemical manufacturing, and caters to sectors including pharmaceuticals, agrochemicals, and personal and home care products.
Salil Srivastava noted that the backbone of Indian specialty chemical manufacturing consists of mid-sized factories with deep, chemistry-specific expertise developed over decades. Despite this, there is significant capacity available to double national output within the next five years with existing infrastructure. Scimplify aims to harness this capacity by integrating cutting-edge R&D with steady demand from global customers, providing a comprehensive tech-enabled offering for modern, agile clients.
Prior to founding Scimplify, Srivastava led the chemicals vertical at the contract manufacturing company Zetwerk. Santhosh, on the other hand, worked with the B2B vendor management startup Bizongo and began his career at the B2B e-commerce platform OfBusiness.
The global specialty chemicals market was valued at over $800 billion in 2023, with agrochemicals and pharmaceuticals making up more than 60% of this market. India, being the world’s second-largest exporter of agrochemicals, is anticipated to double its chemical output by 2027.
Mark Kahn, managing partner at Omnivore, praised Scimplify for its science-driven platform that delivers cost-effective, sustainable agrochemicals and green chemistry intermediaries. By optimizing R&D and manufacturing processes for sustainable formulations, Scimplify is addressing global demands and enhancing India’s role as a leader in sustainable chemical manufacturing.
