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Specialty chemicals startup Atomgrid nets Rs. 10 crore in Seed Funding round

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Specialized in the areas of manufacturing & sourcing of the specialty chemicals, Atomgrid has lifted Rs. 10 Cr in a Seed funding round directed by Merak Ventures.

The funding round also registered a participation from diverse investors such as Upsparks, Dexter Ventures, Point One Capital & Nitin Gupta & Prateek Jindal, Co-Founders of UniCards.

The startup fosters to standardize its position in the market as a vital center for specialty chemicals & quicken the exports of chemicals from India.

Also, the startup intents to utilize these fresh funds to develop its internal infrastructure of research & development, intensify its outreach in global stage, design an exclusive supply chain tech platform & recruit teams across the diverse areas such as business development, R & D & project executions.

Established by IIT-BHU alumni Lakshit Bansal, Siddharth Gupta & Pratik Chowdhury, Atomgrid serves to three diverse sectors including agriculture, pharmaceuticals & specialty chemicals for various needs such as manufacturing.

As per the founders, through networking with more than 250 manufacturers they acknowledge momentous challenges faced by manufacturers in India such as restricted access to sources regarding research & development, international networks for distribution, effective sourcing for raw material & tech-enabled solutions.

Speaking to this, Siddharth Gupta, Co-Founder of Atomgrid says, “A massive global speciality chemical market coupled with inefficiencies that we see on a daily basis makes us believe that we are solving the right problem at Atomgrid. With this funding, we are poised to accelerate our mission of empowering Indian chemical manufacturers on a global scale”.

Similarly, a Partner at Merak Ventures, Sheetal Bahl says, “As India’s specialty chemicals sector drives industry growth, Atomgrid stands out by maximising underused MSME capacities. More than just filling the demand-supply gap, Atomgrid redefines its role in the supply chain—from mere distributor to vital manufacturing partner”.