NuSynth Technologies, a Bengaluru-based chemical process innovation startup, has raised ₹36.5 crore (approximately US$4 million) in a Seed funding round co-led by Avaana Capital and Shastra VC. The company is building a platform that redesigns chemical synthesis processes by evaluating raw materials, reaction pathways, and process economics. Its initial focus spans pharmaceuticals and electronics chemicals, two sectors where complex multi-step synthesis routes often add cost, risk, and dependency on imported intermediates.
Funding Allocation and Strategic Goals
The fresh capital will be directed toward strengthening research and development, building an initial portfolio of proprietary chemical processes, and expanding the startup's team. NuSynth also plans to improve its scale-up capabilities as it moves laboratory research into industrial production across multiple chemistry-led sectors. The company follows an asset-light manufacturing model and will work with Indian manufacturing partners to translate its laboratory research into commercial-scale applications.
How the Platform Redesigns Synthesis
NuSynth combines predictive synthesis models with an AI-enabled engine that processes experimental data from each research cycle to inform future molecule selection and experimentation. The platform reevaluates starting materials, reaction routes, and process economics to reduce reaction steps, lower temperature requirements, and eliminate hazardous reagents. It also aims to replace solvent-intensive processes with catalytic and water-based alternatives, improving cost, yield, safety, sustainability, and scalability for complex chemicals.
Target Sectors and Commercial Model
The startup is initially focused on pharmaceutical and electronics chemical applications, where dependence on imported intermediates and complex multi-step processes are major challenges. Its approach addresses high material and energy costs while supporting the development of proprietary synthesis routes from India for global markets. By partnering with existing manufacturers, NuSynth expects to deliver superior economics and sustainability, reduce process risks, and shorten the time typically required for chemical research and development.
Founding Team and Leadership
NuSynth was founded by Poorvank Purohit, Dr Ramesha A R, Abhishek Deo, and Dipak Bajaj. Purohit is the former Managing Director and Chief Executive Officer of Solara Active Pharma Sciences, while Dr Ramesha is a postdoctoral researcher at the National Institutes of Health in Washington. Deo and Bajaj bring experience from companies such as Zetwerk, Mstack, Ola, JPMorgan, BlackBuck, and SUN Mobility, strengthening the startup's mix of chemistry, technology, and operations expertise.
Deeptech Investment Momentum
The funding comes as India's deeptech sector continues to gain traction with industrial and manufacturing innovation themes. Indian deeptech startups raised US$290 million across 28 deals in Q3 2026, a 176% increase from US$105 million across 29 deals in Q3 2025. This growth outpaced the broader startup ecosystem, where funding grew 5% to US$2.2 billion during the same period, according to available market data.
Competitive Landscape in Specialty Chemicals
NuSynth joins a group of startups combining research and development with manufacturing partnerships in the specialty chemicals segment. Investors have previously backed companies such as Distil, Scimplify, and Mstack to develop chemical solutions and expand their reach in global markets. NuSynth's emphasis on proprietary process development from India aims to differentiate it by addressing import dependencies and improving manufacturing economics at the synthesis level.
NuSynth's Seed round highlights investor appetite for companies that combine chemical research and development with artificial intelligence to solve complex manufacturing challenges. The startup aims to build proprietary processes from India that can serve global customers with improved economics and lower environmental impact. Its early focus on pharmaceuticals and electronics chemicals positions it to address import dependencies and support more resilient, sustainable chemical supply chains.