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Distil, a specialty chemicals startup, has raised $7.7 million in Series A funding led by Singapore’s Jungle Ventures and UAE’s CE-Ventures, the corporate venture capital platform of Crescent Enterprises, with participation from strategic investors Rubamin, PI Industries Vice Chairperson Mayank Singhal, and India Quotient.
This brings Distil’s total funding to date to $10.8 million. In June last year, the startup had raised $3.1 million in its seed round led by Jungle Ventures through its First Cheque@Jungle platform.
The proceeds will be…
