Elchemy raised $5.6M in a funding round led by Prime Venture Partners to build a team in the US and enhance its technology leadership.
Amount Raised
$5.6 Million
Round Type
Funding Round
MumbaiManufacturingSupply Chain ManagementInvestors
Description
Elchemy, a specialty chemical distribution platform, has secured $5.6 million in funding, primarily to establish a sales team in North America and invest in technology for supply chain visibility. The round was led by Prime Venture Partners with participation from InfoEdge Ventures.
Quick answer
Elchemy raised $5.6 Million in a Funding Round round, dated November 25, 2024. Investors: Prime Venture Partners and InfoEdge Ventures. Elchemy is based in Mumbai, Maharashtra, India.
- How much did Elchemy raise?
- Elchemy raised $5.6 Million in a Funding Round round on November 25, 2024.
- Who invested in Elchemy?
- Prime Venture Partners and InfoEdge Ventures are named as investors in this round.
- What does Elchemy do?
- Elchemy is a cross-border specialty chemical distribution platform that connects international buyers with suppliers from India and Southeast Asia.
- Where is Elchemy based and how big is it?
- Elchemy is based in Mumbai, Maharashtra, India. Fundz records about 28 employees.
- Who are the decision-makers at Elchemy?
- Fundz holds 4 contacts at Elchemy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Supply Chain Management and Manufacturing around the same time
Companies in the same sectors as Elchemy that raised within 45 days of this round, from Fundz verified event records.
- ZETWERK Manufacturing Businesses raised $70M (Series C) on December 12, 2024.
- Ecovia Renewables raised $1.5M (Seed) on January 9, 2025.
- Qvantum raised $111M (Series C) on January 8, 2025.
- RAS raised $5M (Funding Round) on January 8, 2025.
- Xnergy raised an undisclosed amount on January 8, 2025.
- HiFeed raised an undisclosed amount (Pre-Seed) on January 8, 2025.
Who to call at Elchemy, and when
A new round usually means Elchemy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Elchemy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Elchemy, from your own LinkedIn network
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