Distil Datalabs, a specialty chemicals startup, has raised $7.7 million (about ₹68.3 crore) in its Series A funding round, co-led by Jungle Ventures and UAE’s CE-Ventures. The round also saw participation from recycling company Rubamin, PI Industries vice chairperson Mayank Singhal, and existing investor IndiaQuotient. The infusion of capital will enable Distil to enhance its R&D capabilities. The company also plans to expand its global footprint, launching operations in the Middle East, Africa, and North America.
Strengthening R&D-Led, Asset-Light Model
Viraj Shah, founder and Chief Operating Officer of Distil, said, “This round brings us investors who understand chemicals deeply and share our belief in an R&D-led, asset-light model. Their partnership strengthens our ability to scale faster, innovate continuously, and move closer to our ambition of becoming a trusted global partner by 2030.”
Distil offers customisable chemical solutions that include research, formulation, manufacturing, supply chain, and compliance services. The startup currently serves more than 100 enterprise customers. Its offerings span sectors such as aroma and food, beauty and personal care, pharmaceuticals, coatings, and adhesives.
Expanding Reach Through Strategic Partnerships
Distil operates through partnerships with small and mid-sized manufacturing plants, supporting them with R&D and supply chain facilitation. Backed by a 19-member team of scientists and engineers, the company is scaling quickly to address the evolving demands of the specialty chemicals market.
Prior to this round, Distil raised $3.1 million in a seed funding round last year. The round was co-led by Jungle Ventures and IndiaQuotient, focusing on talent acquisition. With the latest investment, the company’s total funding now stands at $10.8 million.
Growth Ambitions and Revenue Targets
Distil currently reports annual revenue of $7 million and aims to scale this to $25–30 million while achieving breakeven within the next 12 months. The funding will help the company accelerate innovation, strengthen customer partnerships, and deepen its presence in key global markets.
Positioning for Global Leadership
With its latest funding and expansion plans, Distil is positioning itself as a key player in the specialty chemicals innovation landscape. As reported by inc42.com, the company is focusing on R&D-led growth, building strategic partnerships, and targeting global markets. It aims to play a pivotal role in strengthening India’s presence in the $4.7 trillion global specialty chemicals market.
