Bengaluru-based specialty chemical startup, Scimplify, has successfully raised $9.5 million in a Series A funding round. The investment was led by Omnivore, with participation from Bertelsmann India Investments, and existing backers 3one4 Capital and Beenext.
The funds will be directed towards enhancing Scimplify’s research and development (R&D) capabilities and expanding into new markets. Founded in 2023 by Salil Srivastava and Sachin Santhosh, Scimplify is a B2B platform focused on end-to-end sourcing and manufacturing of specialty chemicals.
The company supports the entire product lifecycle, offering services from contract research to commercial chemical manufacturing. Their clientele spans across industries such as pharmaceuticals, agrochemicals, and personal and home care.
Srivastava emphasized the untapped potential of mid-sized factories in India, which have developed deep expertise in specific chemical processes over decades. He noted that these factories have the capacity to significantly increase national output over the next five years with the existing infrastructure. Scimplify aims to bring innovative products to these factories, leveraging advanced R&D and consistent global demand.
Before launching Scimplify, Srivastava led the chemicals division at contract manufacturing unicorn Zetwerk, while Santhosh’s experience includes roles at B2B vendor management startup Bizongo and B2B ecommerce platform OfBusiness.
Scimplify highlighted the global specialty chemicals market, valued at over $800 billion in 2023, with agrochemicals and pharmaceuticals making up over 60% of this figure. India is currently the world’s second-largest exporter of agrochemicals, and the Indian chemical industry is projected to double its output by 2027.
Mark Kahn, managing partner at Omnivore, praised Scimplify’s approach, noting that their science-driven platform delivers affordable, sustainable agrochemicals and green chemistry intermediaries. He added that by optimizing R&D and manufacturing processes, Scimplify is helping to meet global demand and positioning India as a leader in sustainable chemical manufacturing.
