Scimplify Secures $40 Million in Series B Funding to Transform Specialty Chemical Sourcing Globally

In a landmark development for the specialty chemicals industry, Scimplify , a full-stack platform revolutionizing the sourcing and manufacturing of specialty chemicals, has successfully raised $40 million in Series B funding . The round was spearheaded by leading venture capital firms Accel and Bertelsmann India Investments , with additional support from UMI , Omnivore , and 3one4 Capital . This latest investment brings Scimplify’s total funding to an impressive $54 million , signaling strong investor confidence in its innovative business model and global potential.

Founded in 2023 by Salil Srivastava , Dheeraj Dhingra , and Sachin Santhosh , Scimplify is on a mission to simplify global chemical procurement by connecting businesses with over 200 specialized manufacturing plants across India . The company’s plug-and-play model allows global buyers to leverage India’s cost-efficient chemical manufacturing capabilities without the need to establish their own facilities. By offering end-to-end supply chain solutions, including raw material sourcing, regulatory compliance, and scalable production, Scimplify is redefining how industries access specialty chemicals.

Why This Funding Matters

The global specialty chemicals market is valued at over $1 trillion and is projected to grow significantly in the coming years. However, sourcing these chemicals remains a complex and fragmented process for many businesses, especially small and medium-sized enterprises (SMEs). Scimplify’s innovative platform addresses this challenge head-on by streamlining the entire procurement process and making it accessible to companies worldwide.

This funding round is a testament to Scimplify’s ability to disrupt the status quo and carve out a leadership position in this critical sector. With the new capital, the company plans to:

• Expand globally beyond the 16 countries it currently serves.
• Strengthen its presence in key industries such as life sciences , crop sciences , and industrial chemicals .
• Invest heavily in R&D-led innovation to enhance manufacturing capabilities and ensure enterprise-grade solutions.

How Scimplify is Changing the Game

Scimplify’s unique value proposition lies in its ability to connect global buyers with India’s vast network of specialized manufacturing plants. India is already one of the largest producers of specialty chemicals, with a reputation for cost efficiency and high-quality production. Scimplify leverages this infrastructure to offer businesses a seamless and scalable solution for their chemical needs.

The platform provides:

• End-to-end supply chain solutions : From raw material sourcing to final product delivery, Scimplify handles every step of the process.
• Regulatory compliance : Navigating complex international regulations can be a significant hurdle for businesses. Scimplify ensures that all products meet global standards.
• Scalable production : Whether a client needs small batches or large-scale manufacturing, Scimplify’s network can adapt to meet demand.

By simplifying these processes, Scimplify empowers industries such as pharmaceuticals, agriculture, and manufacturing to focus on growth while leaving the complexities of chemical production to experts.

Founders’ Vision

The founders of Scimplify—Salil Srivastava , Dheeraj Dhingra , and Sachin Santhosh —envision a world where accessing specialty chemicals is as easy as ordering any other product online. They believe that India’s advanced production capabilities can serve as a backbone for global chemical manufacturing, provided the right platform exists to bridge the gap between suppliers and buyers.

“This funding round is a vote of confidence in our vision to revolutionize specialty chemical manufacturing,” said the founding team. “With this capital, we aim to expand our global footprint, drive innovation through R&D, and deliver flexible, scalable solutions that meet the demands of modern industries. Our goal is to make India a global hub for specialty chemical production and empower businesses worldwide with cost-effective, high-quality solutions.”

Key Takeaways

• $40M Series B funding brings total funding to $54M , led by Accel and Bertelsmann India Investments .
• Plans to expand globally beyond the 16 countries currently served.
• Focus on strengthening presence in life sciences , crop sciences , and industrial chemicals .
• Significant investment in R&D to enhance innovation and scalability.
• Leverages 200+ manufacturing plants in India for cost-effective, enterprise-grade solutions.

What’s Next for Scimplify?

With this funding, Scimplify is poised for rapid growth and aims to become a global leader in specialty chemical manufacturing. The company will focus on:

1. Global Expansion : Entering new markets and establishing itself as a trusted partner for businesses worldwide.
2. Strengthening R&D : Investing in cutting-edge research to develop innovative chemical solutions and improve manufacturing processes.
3. Scaling Operations : Expanding its network of manufacturing plants and enhancing its supply chain capabilities to meet growing demand.

By combining India’s cost-efficient production infrastructure with advanced R&D and a customer-centric approach, Scimplify is set to redefine how global businesses source and manufacture specialty chemicals.

Conclusion

Scimplify’s $40 million Series B funding marks a pivotal moment in its journey toward becoming a global leader in specialty chemical manufacturing. Backed by top-tier investors like Accel and Bertelsmann India Investments , the company is well-positioned to scale its operations, innovate in the field of chemical manufacturing, and address the growing needs of industries worldwide.

As businesses increasingly seek reliable, cost-effective, and scalable solutions for their chemical needs, Scimplify is emerging as a game-changer in the specialty chemicals space. By unlocking India’s manufacturing potential for a global audience, the company is not just simplifying chemical procurement—it’s paving the way for a more efficient and sustainable future.

Unlock Global Chemical Sourcing – Partner with Scimplify and access 200+ manufacturing plants in India.