Total amount raised
$7.6 Millions
Latest funding date
11/01/2024
Location
Elchemy is a company specializing in chemical manufacturing and distribution, offering a range of services and products tailored to various industries. The company emphasizes its commitment to quality, efficiency, and leveraging technology to enhance its services.
Keep reading to explore the intricacies of Elchemy's fundraising journey and the investors backing this innovative platform.
What Is Elchemy?
Elchemy is a forward-thinking company in the chemical industry, specializing in distribution and custom manufacturing solutions. The company operates globally, serving over 25 countries with a focus on technology-driven processes and quality assurance.
Elchemy caters to a diverse range of industries, including Water Treatment & Mining, Personal Care, and Oil and Gas. The company has developed a proprietary supply chain management system called DOMS to enhance operational efficiency and cost competitiveness.
How Much Funding Has Elchemy Raised?
- Pre-Seed Round
- Amount Raised: $2M
- Date: January 2023
- Lead Investors: Info Edge ventures
- Series A
- Amount Raised: $5.6M
- Date: November 2024
- Lead Investors: Prime Venture Partners
Elchemy has raised a total of $7.6M in funding.
Key Investors
- Prime Venture Partners
- Details: Prime Venture Partners is an early-stage venture capital firm based in India. They focus on investing in technology-driven startups with high growth potential.
- Investment Focus Areas: Technology, SaaS, Fintech
- Notable Investments: MyGate, Happay, KredX
- Info Edge Ventures
- Details: Info Edge Ventures is a venture capital firm that invests in early-stage technology companies. They are known for their strategic investments in innovative startups.
- Investment Focus Areas: Technology, Internet, Consumer Services
- Notable Investments: Zomato, PolicyBazaar, ShopKirana
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