NuSynth Technologies raised ₹36.5 Cr seed round co-led by Avaana Capital and Shastra VC

Bengaluru-based speciality chemicals startup NuSynth Technologies raised ₹36.5 Cr in a seed funding round co-led by Avaana Capital and Shastra VC. The company said it will use the capital to strengthen its R&D and technology capabilities, build scale-up capabilities, develop an initial portfolio of proprietary chemical processes, and expand its team.