India, May 8 -- Atomgrid, a company which specialises in manufacturing and sourcing of specialty chemicals, has raised INR 10 Cr (around $1.2 Mn) in a seed funding round led by Merak Ventures.

The round also saw participation from Dexter Ventures, Upsparks, Point One Capital and UniCards's founders Nitin Gupta and Prateek Jindal.

The startup plans to use the fresh funds to expand its in-house R&D infrastructure, increase global outreach, build a supply chain tech platform and hire teams across business development, research and development, and fulfilment functions.

Founded by IIT-BHU alumni Lakshit Bansal, Siddharth Gupta and Pratik Chowdhury, Atomgrid caters to three sectors - pharmaceuticals, agriculture and specialty chemicals for ...