Distil Raises $3.1 Million in Seed Funding Led by Jungle Ventures
Distil, a tech-enabled platform for specialty chemicals, has raised $3.1 million in seed funding led by Jungle Ventures and India Quotient. This investment marks a significant milestone for Distil, enabling them to expand their operations and solidify their position as a leading player in the specialty chemicals market.
Addressing Key Challenges in the Specialty Chemicals Industry
Distil, founded by IIT-Bombay alumni Atanuu Agarrwal, Karan Hirani, and Viraj Shah, tackles critical pain points faced by the specialty chemicals segment. The company's platform provides a solution to inefficiencies such as:
Fragmentation: Distil eliminates the need for multiple intermediaries, streamlining the procurement process.
Unreliable Quality: The platform ensures consistent and reliable quality...