NuSynth Raises ₹36.5 Cr Seed Round Led by Avaana, Shastra VC

13 Oct 2026, 3:25 pm · 3h ago · 1 min read · Inc42

Amount

₹36.5 Cr

Stage

Seed

Lead

Avaana Capital

Bengaluru-based speciality chemicals startup NuSynth Technologies has raised ₹36.5 crore (approximately $4 million) in a seed funding round co-led by Avaana Capital and Shastra VC. Founded in 2026 by Poorvank Purohit, Ramesha A R, Abhishek Deo, and Dipak Bajaj, NuSynth integrates chemical research with artificial intelligence to develop cost-effective, sustainable synthesis processes for pharmaceuticals and electronics chemicals. Operating an asset-light model with domestic manufacturing partners, the startup plans to deploy the capital toward expanding its research team, building scale-up capabilities, and advancing its AI-enabled predictive synthesis platform to replace hazardous, solvent-heavy conventional chemical production methods.