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Indian startup Scimplify secures 40 million dollars in Series B funding
Bengaluru-based specialty chemical manufacturing startup Scimplify has raised $40 million in its Series B funding round, co-led by Accel and Bertelsmann Investments, bringing its total capital to $54 million. The company plans to expand operations beyond its current 16 markets and enhance services in life sciences, crop sciences, and industrial chemicals. Founded in 2023 by Santosh and Salil Srivastava, Scimplify provides a B2B platform for sourcing and manufacturing specialty chemicals, including contract research and commercial manufacturing in various sectors.
Wiom in Advanced Talks to Raise 85 Crore from Accel and Bertelsmann
Wiom, an affordable internet service provider, is in advanced talks to raise Rs 85 crore ($10 million) from Accel and Bertelsmann India Investments, with potential participation from Prosus. This funding round follows a $17 million raise in July 2023 and aims to expand the company's reach, offering unlimited internet for as low as Rs 10.