Speciality Chemicals Startup Distil Raises $7.7 Mn To Scale R&D

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Speciality chemicals startup Distil has raised $7.7 Mn (around INR 68.3 Cr) in its Series A funding round co-led by Jungle Ventures and UAE’s CE-Ventures. The funding round also saw participation from recycling company Rubamin, PI Industries vice chairperson Mayank Singhal, and its existing investor IndiaQuotient. 

The Mumbai-based startup aims to deploy the capital to enhance its research and development and expand its global footprint by commencing operations in the Middle East, Africa, and…



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Speciality Chemicals Startup Distil Raises $7.7 Mn To Scale R&D


Speciality chemicals startup Distil has raised $7.7 Mn (around INR 68.3 Cr) in its Series A funding round co-led by Jungle Ventures and UAE’s CE-Ventures. The funding round also saw participation from recycling company Rubamin, PI Industries vice chairperson Mayank Singhal, and its existing investor IndiaQuotient. 

The Mumbai-based startup aims to deploy the capital to enhance its research and development and expand its global footprint by commencing operations in the Middle East, Africa, and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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