By Your AgriStory 
Bengaluru-based chemical manufacturing startup Scimplify has raised $40 Mn (around INR 348 Cr) in a Series B funding round co-led by Accel and Bertelsmann Investments.
With a fresh $40M Series B round, co-led by Accel in India and Bertelsmann India Investments and participation from Omnivore, 3one4 Capital, and UMI, Scimplify is now poised to expand globally, enhance R&D, and enter new markets.
“This new funding will help Scimplify expand its exports beyond the 16 countries it currently serves and bolster its presence in important industries like industrial chemicals, crop sciences, and life sciences,” the startup said in a statement.
Founded in 2023 by Santosh and Salil Srivastava, Scimplify is a B2B platform that specialises in end-to-end sourcing and manufacturing of speciality chemicals.
According to the startup, it provides all-inclusive solutions for the worldwide specialty chemical business, emphasizing quality, innovation, and green manufacturing. Agrochemicals, active medicinal components, flavors, and fragrances are among its offerings, along with contract research and commercial chemical manufacture across sectors.
Regarding recent funding, Srivastava stated, “We have gained a lot of momentum over the last year and a half, and with Accel joining this partnership, we remain steadfast in building a global R&D led manufacturing company that brings a new age approach to the modern customer.”
New Zealand, the United Arab Emirates, Egypt, Vietnam, Jordan, and Taiwan are among the nations with whom Scimplify already engages cross-border business. Scimplify operates in more than 15 countries and has a production network of more than 150 firms.
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