Elchemy funding, investors and company details

Elchemy is an emerging Chemical startup from Mumbai, working in the space of Tech-enabled chemical distributor and manufacturer specializing in sourcing and supplying high-quality specialty chemicals, ingredients, and custom formulations for industries. Founded by Hardik Seth, Shobhit Jain.

Company: Bizinbiz Technologies Private Limited
Sector: Chemical
Location: Mumbai
Founders: Hardik Seth, Shobhit Jain
Total funding raised: ₹47.35 Cr

Company overview

Elchemy is a tech-enabled chemical distributor and manufacturer specializing in sourcing and supplying high-quality specialty chemicals, ingredients, and custom formulations for industries including personal care, cosmetics, cleaning, food, pharma, oil & gas, water treatment, and CASE (coatings, adhesives, sealants, elastomers). It leverages a proprietary platform for real-time inventory access, shipment tracking, automated documentation (CoA, SDS, regulatory compliance like FDA/EPA), quality assurance via NABL-accredited labs, and end-to-end supply chain visibility to connect global buyers with audited Indian and Southeast Asian manufacturers. The company offers contract manufacturing (CDMO/CRO/CMO), ethical sourcing with traceability, competitive pricing through aggregated demand, and warehouses for faster fulfillment, enabling seamless exports to over 50 ports worldwide.

Funding rounds

Latest round: $ 5.60 Mn (₹47.35 Cr.), 2024-11-25. Investors: Prime Venture Partners, Infoedge Ventures