NuSynth raises ₹36.5 crore for chemical-process innovation

NuSynth Technologies has raised ₹36.5 crore, about $4 million, in seed funding co-led by Avaana Capital and Shastra VC, Entrackr reports. The startup redesigns chemical synthesis processes using process chemistry, experimental data and predictive models, initially for pharmaceutical and electronics chemicals. It plans to use the money for R&D, proprietary process development, scale-up and hiring. Avaana describes an asset-light model using manufacturing partners; cost, yield and sustainability improvements remain company claims rather than independent performance benchmarks.

DTT summary based on Entrackr's report. The full article is on the publisher's site.