Distil raises $7.7M in Series A to boost R&D and expand globally.

Specialty chemicals startup Distil has raised $7.7M in Series A funding led by Jungle Ventures and CE-Ventures. Founded in 2023 by Viraj Shah and Atanu Agarrwal, Distil provides custom chemical solutions for SMEs. The funds will drive R&D and expansion into the Middle East, Africa, and North America. Distil targets $25–30M revenue and breakeven in 12 months, as India holds 4.3% of the $4.7T global market.