Distil - About the company
Distil is a series A company based in Mumbai (India), founded in 2024 by Viraj Shah and Atanuu Agarrwal. It operates as a Manufacturer of specialty chemicals. Distil has raised $10.8M in funding from Jungle Ventures and India Quotient, with a current valuation of $*****. The company has 1793 active competitors, including 27 funded and 213 that have exited. Its top competitors include companies like Scimplify, Clariant and Cabot Corporation.
Company Details
Manufacturer of specialty chemicals. It provides a broad spectrum of specialty chemical solutions encompassing research, formulation, manufacturing, customization, and distribution. Its platform is designed to help customers, mainly manufacturers across verticals, like aroma and food, beauty and personal care, pharmaceuticals, coatings, masterbatches, and compounds.
- Website
- www.distil.market/
- Social
- Email ID
- *****@distil.market, *****@distil.market
- Phone Number
- +91 **********
- Registered Address
- Off No 1602 G Wing Lotus, Corporate Park, Goregaon East, Mumbai, Goregaon East, Maharashtra, India, 400063
Key Metrics
Founded Year
2024
Location
Mumbai, India
Stage
Series A
Total Funding
$10.8M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 17, 2025
Investors
Ranked
7th among 1793 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
32 as on Sep 30, 2026
Legal entities associated with Distil
Distil is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CH101 MARKET PRIVATE LIMITED CIN: U46691MH2023PTC415756 , India, Active | Dec 20, 2023 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 19 (As on Mar 01, 2026) |
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Distil's funding and investors
Distil has raised a total funding of $10.8M over 2 rounds. Its first funding round was on Mar 15, 2024. Its latest funding round was a Series A round on Sep 18, 2025 for $*****. 16 investors participated in its latest round. Distil has 12 institutional investors and 13 angel investors.
Here is the list of recent funding rounds of Distil:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 18, 2025 | 5850056 | Series A | 5904839 | 6462797 | 6549362 | 6895272 |
Mar 15, 2024 | 4394265 | Seed | 6374284 | 3795295 |
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Distil's founders and board of directors
Founder? Claim ProfileHere are the details of Distil's key team members:
- Viraj Shah: Co-Founder of Distil and founder of 2 other companies, Raptim Research and Niffler. They serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Atanuu Agarrwal: Co-Founder & CEO of Distil. They serve on the board of 1 company.Contact Info: 1 email address and 2 phone numbers
Distil's Board of Directors
Distil's board has 2 active members. Atanuu Agarrwal and Viraj Devendra Shah are part of team.Here is the list of Distil's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 2y 10m | |
Team | - | Current | 2y 7m |
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Distil's employee count trend
Distil has 32 employees as of Sep 26. Here is Distil's employee count trend over the years:
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Distil's Competitors and alternates
Top competitors of Distil include Scimplify, Clariant and Cabot Corporation. Here is the list of Top 10 competitors of Distil, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of specialty chemicals | $79.2M | 71/100 | ||
2nd | Clariant 1995, Muttenz (Switzerland), Public | Speciality Chemicals manufacturer | - | 69/100 | |
3rd | Cabot Corporation 1882, Alpharetta (United States), Public | Provider of specialty chemicals and performance materials | - | 66/100 | |
4th | Eastman Kodak Company 1892, Rochester (United States), Public | Manufacturer of printing solutions, films, specialty chemicals, and coating services | $508M | 65/100 | |
5th |  Anupam Rasayan 1984, Surat (India), Public | Company specializing in the custom synthesis and manufacturing of specialty chemicals | - | - | 64/100 |
6th | Lubrizol 1928, Wickliffe (United States), Acquired | Manufacturer of specialty chemicals specializing in additives, advanced materials, and oil field solutions | - | 63/100 | |
7th | Manufacturer of specialty chemicals | $10.8M | 62/100 | ||
8th | Manufacturer & distributor of speciality chemicals and food ingredients | - | 62/100 | ||
9th | Manufacturer of specialty chemical additives for industrial and consumer applications | - | 61/100 | ||
10th | Chemical company | - | 61/100 |
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Distil's Investments and acquisitions
Distil has made no investments or acquisitions yet.
Reports related to Distil
Here is the latest report on Distil's sector:
News related to Distil
Media has covered Distil for 1 event in last 1 year, It was about partnerships.
•
Rubamin & Distil Announce Strategic Partnership for North American MarketsCNW•Mar 09, 2026•Rubamin, Distil
•
Distil Secures $7.7 Million in Series A Funding Led by Jungle and CE VenturesEntrackr•Sep 23, 2025•Rubamin, PI Industries, GCV, Jungle Ventures and 6 others
•
BFSI-focused AI/ML Platform Metis raises 1.3 Cr, led by Inflection Point VenturesBusinessnewsthisweek•Jun 20, 2024•Metis Intel, Inflection Point Ventures, Distil, Machaxi
•
Distil raises $3.1 Mn led by Jungle Ventures and India QuotientEntrackr•Jun 20, 2024•Distil, Jungle Ventures, India Quotient
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