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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.
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