# Elchemy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elchemy

- Industry: Chemicals
- Headquarters: Mumbai, India
- Website: www.elchemy.com/
- Total disclosed funding: $7.5M
- Latest round: Series A (Nov 18, 2024)
- Investors on record: 2

## About

Based in Mumbai, India, and founded in 2021, BizinBiz Technologies Pvt Ltd dba Elchemy, is a company that operates in chemical manufacturing and distribution, leveraging technology to enhance supply chain efficiency. In November 2024, Elchemy raised USD 5.6 million in series A funding led by Prime Venture Partners with participation from Info Edge Ventures.

Elchemy specializes in custom chemical manufacturing and distribution, providing personalized chemical solutions for various industries. The company's products serve sectors like water treatment, personal care, food and nutrition, oil and gas, and home care. The company has a team of chemists and engineers who work closely with clients to ensure the products meet specific performance and safety standards. Elchemy uses advanced technology to improve production efficiency and offer cost-effective solutions without sacrificing quality. The firm's products are sold worldwide, with clients in North America, Europe, and Asia.

The company plans to use the November 2024 funding to enhance its technology platform, expand its market reach, invest in product development, and improve operational capabilities to better serve its clients in the industry.

## Funding rounds

- Series A, Nov 18, 2024, $5.5M — Prime Venture Partners, InfoEdge Ventures
- Seed, Mar 24, 2022, $2M — InfoEdge Ventures

## Investors

- InfoEdge Ventures (https://capitalatlas.ai/funds/infoedge-ventures) — Seed, Series A
- Prime Venture Partners (https://capitalatlas.ai/funds/prime-venture-partners) — Series A