SkimpleyAn Indian startup that helps pharmaceutical and agriculture companies to reach the limit of special chemicals, has collected 40 million in a new funding in collaboration with Excel and Britlsin Investment to increase its image in the United States and reach new markets.
The company said the series B Round Pags Schemelif is priced at about $ 150 million after $ 150 million.
Special chemicals are very important for manufacturing in many industries, but access is still a problem, as the manufacturers of these chemicals are scattered all over the world. Companies mostly rely on Chinese suppliers through chemicals, but geographical political stress is forcing manufacturers to quickly find alternatives to other regions. In addition, if they are looking for a particular reactor, chemistry, or compliance such as US FDA or GMP, users often find it difficult to find a particular chemical.
The purpose of the schemelessness is to link manufacturers with special chemicals using their platforms, atoms, which has given special chemicals of more than 5,000 factories to more than 200 manufacturers in 10 countries, including India, China, Vietnam, Egypt and Japan. Startup mainly targets pharmaceutical, agriculture and industry.
Startup waits are audited by manufacturers, third parties, and separates them on the basis of their geography, chemistry, ability and compliance. It also implements existing chemicals so that they can be made cost -effective and related to various issues of use.
Co -founder Sachin Santhosh told Tech Crunch that Schemeliff has served 600 users in more than 16 countries worldwide.
Unlike other markets, Santhosh said, simply offers order chemicals developed by working with chemical producers, and let users easily transform from one prescription to another using their manufacturer network.
Prior to the scheme, Santhosh worked in the B2B Startups Bazingo and Off Business, both of them helped to smooth the purchase and supply chain for businesses. Both its co -founders, Salil Srivastu and Dhirj Dingra, both previously worked in manufacturing at the supply chain company Zetork.
Startup intends to use fresh cash to measure geographically, to meet new sections of the industry, and to expand R&D. Dubai and Indonesia are a subsidiary of schemes, and they want to set up offices in the United States and Japan. It has a team of 150 people.
Santhosh told Tech Crunch that it is now considering the acquisition of one or two chemical factories to unlock new types of customers and regular markets.
The series B also participated in UMI and current investors, Omnore and 3one4 Capital. The company has collected 54 million millions of millions since its inception in 2023.