VC Fund Investments

Specialty chemicals exports enabler Atomgrid raises Rs.10-Cr

Express Pharma  

Bengaluru-headquartered Atomgrid , an R&D-first platform for contract development, manufacturing and sourcing of specialty chemicals, has raised INR 10 crore (around USD 1.2 million) in its seed round led by Merak Ventures.The round also saw participation from Dexter Ventures, Upsparks, Point One Capital and UniCards’s founders Nitin Gupta and Prateek Jindal.The proceeds will be used to expand the firm’s in-house R&D infrastructure, increase global outreach, build a supply chain tech platform and hirings.Atomgrid was founded by Lakshit Bansal, Siddharth Gupta and Pratik Chowdhury.

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