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Thehindubusinessline

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Speciality chemicals start-up Atomgrid raises ₹10 cr seed funding

Atomgrid, a speciality chemicals R&D startup, has secured ₹10 crore in seed funding led by Merak Ventures, a B2B venture capital firm. The funding will be used to expand the company's in-house R&D infrastructure and global outreach. Atomgrid offers support to Indian chemical manufacturers in areas such as R&D, raw material sourcing, and tech enablement. The startup aims to empower Indian chemical manufacturers on a global scale and tap into the growing demand for speciality chemicals, as global multinational companies look to reduce their reliance on China.

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