Speciality Chemicals Startup Scimplify Raises in Series A Funding Led by Omnivore and Bertelsmann

  • Deal
  • September 20, 2024

JSA advised Omnivore Agritech & Climate Sustainability Fund 3 on its investment in Scimplify, a specialty chemical manufacturing startup. The round was led by Omnivore, alongside Bertelsmann India Investments and existing investors 3one4 Capital and Beenext. Scimplify is a leading specialty chemicals company in India offering a science-first, end-to-end contract manufacturing platform for agrochemicals, pharmaceutical APIs, and flavors & fragrances.

In 2023, the global speciality chemicals market was valued at over USD 800 billion, with agrochemicals and pharmaceuticals contributing to more than 60% of the market. Notably, India stands as the 2nd largest exporter of agrochemicals worldwide, and the overall Indian chemical industry is poised to reach double in output by 2027.

Our Transaction Team Comprised Lead Partner – Siddharth Mody, Partner – Rahul Deodhar, and Senior Associate – Alister Sequeira.

Our Due Diligence Team Comprised Partner – Rahul Deodhar, Associates – Bhaskar Dhandharia and Gavin Pereira.