Scimplify, a platform for all manufacturing and sourcing of specialty chemicals, is succeeding a new round as much as $5 million, sources subjected to the matter told Entrackr. The new round is coming soon after 6 months for the Bengaluru-based firm.

“Omnivore is leading $5 million in Scimplify while existing backers will also double down”, the sources stated.

In December of last year, Scimplify raised $3.67 million from 3one4 Capital and Beenext for its seed round.

Established by Salil Srivastava and Sachin Santhosh, Scimplify is a B2B fulfilment platform working across the life cycle of the products from contract exploration to commercial sourcing and manufacturing across sectors like drug, personal care, and agrochemicals.

During the last funding round, Scimplify had said that it intends to grow its scope to 20 nations and 4 new classifications in chemicals. As of now, it has manufacturing units in Karnataka, Hyderabad and Gujarat.

According to sources, Omnivore saw potential in Scimplify’s product arrangement of agrochemicals.

As per the organization’s website, it offers emulsifiers, plant development stimulators, biostimulants, adjuvants, and bio fertilizers, among others.

TheKredible, a startup data intelligence platform, reports that 3one4 Capital holds 17% of Scimplify, while Beenext held 7% at the seed round. Collectively Co-Founders all in all hold almost 65% stake in the organization.

In the specialty chemicals market, Scimplify competes with Atomgrid and Covvalent. Bengaluru-based Atomgrid brought $1.2 million up in its seed round drove by Merak Adventures in May this year while Covvalent raised up $4.3 million drove by Nexus ventures partners in November 2022.