India, Oct. 13 -- Mysuru-based startup NuSynth Technologies, an R&D-led process innovation collaborative platform for complex chemistry, has raised RS 36.5 crore in Seed funding. The round was co-led by Avaana Capital and Shastra VC.

Over the last two decades, India has built significant capacity in chemical manufacturing. However, many critical molecules continue to rely on complex, multi-step synthesis routes that carry higher material and energy cost, use import-dependent intermediates and hazardous reagents, and pose challenges during commercial scale-up.

This creates a compelling opportunity to deepen domestic R&D and build native chemical process innovation capabilities that yield higher efficiency, sustainability, and commercial ...