Angel Investments

Specialty chemicals player Tulon Materials raises Rs.10-Cr

Economic Times   Tulon Materials  

Mumbai-based Tulon Materials has raised INR 10 crore in a seed funding round led by Karthik Sundar Iyer. The transaction also included participation from Valour Capital partners Karan Goshar and Prakhar Pandey, as well as Agam Shah.Founded in 2022 by Asesh Sarkar, Rabindranath Mandal, and Harsh Bhatt, Tulon Materials develops high-performance and sustainable specialty chemicals for industrial applications.The firm intends to use the new funds to accelerate the engineering and commercialisation of products designed for paints, coatings, printing inks, and adhesives.

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