The startup is planning to use the funds to expand its in-house R&D infrastructure, increase global outreach, build a supply chain tech platform, and hire teams across Business Development, R&D, and fulfilment functions
Founded by IIT-BHU alumni Lakshit Bansal, Siddharth Gupta, and Pratik Chowdhury, Atomgrid aspires to play a pivotal role in positioning India as a hub for specialty chemicals
As many global companies have gradually started showing faith in India’s capabilities to cater to the global demand for raw materials, the startup aims to capitalise the opportunity and transform India into a prominent chemical manufacturing hub
Atomgrid, a company which specialises in manufacturing and sourcing of specialty chemicals, has raised INR 10 Cr (around $1.2 Mn) in a seed funding 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.