Summary:

  • Distil was founded by Atanuu Agarrwal, Karan Hirani, and Viraj Shah. It provides technology-driven platform for the procurement of specialty chemicals.

  • The round is led by Jungle Ventures and India Quotient.

  • Distil aims to develop proprietary products and establish itself as a trusted specialty chemicals provider within the life sciences sector.


Distil, a specialty chemicals platform, has successfully raised $3.1 million in Seed funding. This round was spearheaded by Jungle Ventures and India Quotient, with significant contributions from other notable investors and operators.

This investment marks Jungle Ventures‘ inaugural Seed investment in India since launching its First Cheque initiative. First Cheque is designed to collaborate with experienced entrepreneurs and operators at the idea, pre-seed, and seed stages, underscoring Jungle Ventures’ commitment to fostering early-stage innovation.

Distil was founded by Atanuu Agarrwal, Karan Hirani, and Viraj Shah. The company provides highly customizable and scalable solutions through a technology-driven platform for the procurement of specialty chemicals. Distil’s offerings include formulation and custom manufacturing services, which are tailored to assist manufacturers in meeting specific performance and regulatory requirements. The platform facilitates a tech-enabled purchasing process, ensuring consistent product quality, fulfilling quantity needs, and reducing lead times and minimum order quantities (MOQs) through an extensive network of stock points nationwide.

The specialty chemicals industry has long suffered from inefficiencies throughout its value chain. Distil effectively addresses these challenges by utilizing the comprehensive expertise of its founding team, who bring extensive experience in specialty chemicals, supply chain management, and finance. This holistic approach enables Distil to optimize each stage of the value chain, thereby enhancing overall efficiency and effectiveness.
Looking ahead, Distil aims to develop proprietary products and establish itself as a trusted specialty chemicals provider within the life sciences sector. Their focus areas include flavors and fragrances, food ingredients, pharmaceuticals, and personal care products. Distil plans to expand its presence not only in India but also in key international markets such as the United States, European Union, and the MENA (Middle East and North Africa) region.

By leveraging its robust technological platform, Distil is poised to revolutionize the specialty chemicals procurement process. The company’s innovative solutions are designed to streamline operations, reduce costs, and improve product quality for manufacturers. As a result, Distil is well-positioned to become a leader in the specialty chemicals industry, offering unparalleled service and expertise to its clients.

In summary, Distil’s recent Seed funding round of $3.1 million, led by Jungle Ventures and India Quotient, marks a significant milestone for the company. With its strong leadership team, innovative platform, and ambitious growth plans, Distil is set to transform the specialty chemicals sector, both in India and internationally.