Distil, an R&D-led specialty chemicals platform, announced it has secured $3.1 million in a Seed funding round today. This round was led by Jungle Ventures and India Quotient, with participation from other prominent investors and operators. Founded by IIT Bombay alumni Atanuu Agarrwal, Karan Hirani, and Viraj Shah, Distil offers fully customisable and scalable solutions through a tech-enabled platform for procurement of these specialty chemicals. Viraj Shah, Co-founder and COO of Distil, added, “Our deep understanding of the sector, combined with our entrepreneurial experience, equips us to build Distil on a foundation of innovation and customer-focused solutions. We appreciate our partners and investors’ confidence in our vision to deliver exceptional products and services globally.” Read: Go Zero Secures $1.5 Million Follow-On Pre-Series A Funding Distil’s offerings, which include tailored formulations and custom manufacturing, are designed to help manufacturers meet specific performance, regulatory requirements. Its platform also claims to provide a seamless, tech-enabled purchasing process, ensuring consistent product quality, meeting quantity requirements, and reducing lead times and MOQs through a robust network of stock points across the country.
sekar nallalu Corporate,Cryptocurrency Distil Raises $3.1 million in Seed Funding Led by Jungle Ventures, India Quotient