Speciality Chemicals Startup Distil Raises $7.7 Mn To Scale R&D

Speciality chemicals startup Distil has raised $7.7 Mn (around INR 68.3 Cr) in its Series A funding round co-led by Jungle Ventures and UAE’s CE-Ventures. The funding round also saw participation from recycling company Rubamin, PI Industries vice chairperson Mayank Singhal, and its existing investor IndiaQuotient. 

The Mumbai-based startup aims to deploy the capital to enhance its research and development and expand its global footprint by commencing operations in the Middle East, Africa, and…