Research and development-based Specialty chemicals startup Distil has successfully raised $3.1 million in a Seed funding round directed by Jungle Ventures and India Quotient. The round also registered a participation from other key operators and investors.

Since the launch of its first program ‘Cheque’ collaborating with second term startups, entrepreneurs and seasoned operators at productive ideas, seed stages and pre-seed stages, this is the Jungle Ventures’ first seed investment in India.

Established by Atanuu Agarrwal, Karan Hirani, & Viraj Shah, Distil presents fully customizable and ascendable solutions via a tech driven platform for obtaining the specialty chemicals.

The offerings of Distil ranges from formulations and custom engineering which are developed to help the manufacturers to cater the regulatory requirements through specialized performances. Also, the platform offers tech-driven process of purchasing, enabling reliable quality of products, catering the requirements in quantity and minimizing the lead times and MOQs through a strong network of stock points across the nation.

Regarding to this, Viraj Shah, Co-Founder & COO of Distil, “Our deep understanding of the sector, combined with our entrepreneurial experience, equips us to build Distil on a foundation of innovation and customer-focused solutions. We appreciate our partners and investors' confidence in our vision to deliver exceptional products and services globally”.

At the same time, Atanuu Agarrwal, Co-Founder & CEO of Distil, “At Distil, we recognize a once-in-a-generation opportunity to build a global leader in R&D-led specialty chemicals from India. The support from our partners and investors, particularly Jungle Ventures and India Quotient, marks a significant milestone as we scale our operations”.