India, Oct. 13 -- Bengaluru-based NuSynth Technologies has raised Rs.36.5 Cr (about $4 Mn) in a seed funding round co-led by Avaana Capital and Shastra VC.

The startup will use the fresh capital to strengthen its R&D and technology capabilities, develop an initial portfolio of proprietary chemical processes, build scale-up capabilities, and expand its team.

Founded in 2026 by Poorvank Purohit, Ramesha A R, Abhishek Deo and Dipak Bajaj, NuSynth combines chemical R&D with AI to develop alternative processes for making complex chemicals, initially focusing on pharmaceuticals and electronics chemicals.

The startup aims to address challenges associated with conventional chemical synthesis, including complex, multi-step processes, high mater...