Distil, a fast-growing speciality chemicals startup, has secured $7.7 million (approx. INR 68.3 Cr) in its Series A funding round, marking a significant milestone in its journey to revolutionize chemical innovation and sustainability in India.
The round was co-led by Jungle Ventures and UAE-based CE-Ventures, two prominent names in the global venture ecosystem. Notably, the round also saw participation from industry leaders including recycling company Rubamin, PI Industries’ Vice Chairperson Mayank Singhal, and Distil’s existing investor IndiaQuotient, reflecting strong investor confidence in the startup’s vision and execution.
Driving Innovation Through Advanced R&D
Distil plans to utilize the fresh capital infusion to scale its R&D capabilities, enhance product innovation, and invest in cutting-edge manufacturing technologies. The startup is known for focusing on green chemistry, high-performance molecules, and sustainable processes across various applications including pharmaceuticals, agrochemicals, and material sciences.
In an industry often dominated by large incumbents, Distil is carving out a niche by offering customized, research-driven chemical solutions with a strong emphasis on environmental compliance and cost-efficiency. The startup’s agile model allows it to respond quickly to evolving client needs and global regulatory standards.
A Growing Market Opportunity
India’s speciality chemicals sector is projected to become a $40 Bn industry by 2025, driven by increased global demand, China+1 strategies, and a strong domestic push for self-reliance. Distil is well-positioned to capitalize on this trend by leveraging its deep technical expertise and a growing portfolio of patented technologies.
Speaking about the fundraise, a spokesperson from Distil said, “This funding will enable us to double down on R&D and expand our footprint in global markets. Our mission is to become a trusted innovation partner to industries that rely on complex, high-performance chemicals.”
Strong Backing from Strategic Investors
The participation of established industry players like Rubamin and Mayank Singhal brings not just capital but also valuable strategic guidance and industry access. Jungle Ventures, known for backing high-impact startups across Asia, brings global scale expertise, while CE-Ventures brings its strong Middle East network — offering Distil a potential gateway to new markets.
According to Jungle Ventures, “Distil is solving real problems in a high-value, under-innovated industry. Their focus on sustainable chemistry and innovation-led growth aligns well with global industrial trends.”
The Road Ahead
With this Series A round, Distil aims to:
- Expand its R&D centers and pilot facilities
- Launch new product lines for pharma and agrochemicals
- Strengthen its team of scientists and chemical engineers
- Explore global partnerships for market expansion
In a sector where product performance and regulatory compliance are critical, Distil’s research-first approach is a key differentiator.
Conclusion
As the global demand for speciality chemicals rises, Distil is emerging as a frontrunner from India — blending science, sustainability, and speed to create world-class solutions. The $7.7 Mn funding round not only validates its business model but also sets the stage for a new phase of innovation and growth.
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