The round, which will also see participation from some domestic and existing investors, will value Scimplify at around $300 million post-money, one of them declared. This is double the $150 million valuation at which it raised $40 million in March 2025 from Accel and Bertelsmann India.
“The transaction includes a tiny secondary component with some early investors offloading their stake,” another person declared.
Founded in 2023 by Sachin Santhosh, Salil Srivastava, and Dheeraj Dhingra, Scimplify aggregates excess capacities at factories for clients across India, the US, West Asia, and Indonesia. It now plans to expand into Japan and Europe.
The business-to-business (B2B) platform focutilizes on finish-to-finish sourcing and manufacturing of specialty chemicals. It operates across the product lifecycle, from contract research to commercial-scale production, catering to industries such as pharmaceuticals, agrochemicals, and personal and home care, among others.
“The company has been engaging closely with large corporations and manufacturers on joint product development and contract manufacturing. These fundraising conversations have followed from those engagements,” a person declared, adding that the discussions are around partnerships in areas such as advanced materials, semiconductors, electric motors, and specialty chemicals.
This person declared that Scimplify is currently tracking an annualised revenue run rate of around $100 million (approximately Rs 800-900 crore). In fiscal 2025, it had reported revenues of over Rs 200 crore.
“Scimplify has customers in more than 35 countries and teams in five countries, besides India. Following the fundraise, one of the things on its agfinisha is forming joint ventures and partnerships with companies outside India and go-to market toreceiveher with them,” the person cited above declared.
The fresh round comes as global investors increasingly back companies aligned with the theme of building alternative manufacturing supply chains amid rising geopolitical uncertainty. In December, ET had reported that Silicon Valley-based venture capital firm General Catalyst is viewing to step up investments in manufacturing, spacetech, artificial ininformigence (AI), and defence-linked technologies in India, while also exploring partnerships with large domestic conglomerates as part of a broader “global resilience” investment thesis.
Other large VC firms including Accel and Peak XV Partners have also taken multiple wagers on manufacturing amid a wider government effort to spur large-scale production across consumer and defence sectors in India. Scimplify’s early investors include 3one4 Capital, Beenext and Omnivore.
“Geopolitical tensions are prompting a rebelieve. This is a decades-old industest with deeply entrenched supply chains, but companies are now actively seeking alternatives. There’s a clear shift towards asset-light models, with firms wanting flexibility rather than being tied to a single factory. At the same time, they still necessary partners with the technical depth and expertise to develop these materials and chemicals,” an investor who has backed Scimplify declared.
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