About Elchemy
Elchemy is a company based in Mumbai (India) founded in 2021 by Hardik Seth and Shobhit Jain. Elchemy has raised $7.56 million across 2 funding rounds from investors including Info Edge, Vinati Organics and Prime Venture Partners. The company has 14 employees. Elchemy offers products and services including Custom Manufacturing, Customized Formulations, DOMS, and Quality Assurance.
- Headquarter Mumbai, India
- Employees 14
- Founders Hardik Seth, Shobhit Jain
- Stage Minicorn
- SectorsChemicals & Materials
- Website category Heavy Industry and Engineering · Chemical Industry
- Email••••••••
- Phone•••• ••••
- Website elchemy.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Bizinbiz Technologies Private Limited
- Date of Incorporation 28 Jun, 2021
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹44.08 Cr
FY 2025 · +20% YoY
- Net Loss-₹2.62 Cr
FY 2025 · -6% margin
- EBITDA-₹3.30 Cr
FY 2025 · -7% margin
- Total Equity Funding$7.56M (USD)
in 2 rounds
- Latest Funding Round$5.6M (USD), Series A
Nov 2024
- InvestorsInfo Edge
& 26 more
- Employee Count14
Associated legal entities of Elchemy
Elchemy operates through Bizinbiz Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bizinbiz Technologies Private Limited CIN U24290DL2021PTC382855 | Active | 28 Jun 2021 | New Delhi, Delhi | ₹44.1 Cr | 14 | 2 | View details |
Products & Services of Elchemy
Elchemy offers a comprehensive portfolio of products and services, including Custom Manufacturing, Customized Formulations, DOMS, and Quality Assurance.
Personalized chemical formulations tailored to specific industry needs
Crafting formulations for optimal performance and quality
Platform for optimizing chemical industry operations
Ensuring products meet regulatory and industry standards
Apps and channels of Elchemy
its YouTube channel Elchemy has 21 subscribers and 2 videos.
Videos from Elchemy
The most watched videos on Elchemy's YouTube channel, Elchemy (21 subscribers). Click a video to play it here.
More on Elchemy.
Funding Insights of Elchemy
Elchemy has successfully raised a total of $7.56M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.6 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.56M
- Total Rounds 2
- Last Round Series A — $5.6M
- First Round $1.96M
(Mar 2022)
- Investors Count 27
All 2 funding rounds of Elchemy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $5.6M | Series A | $27.73M | Prime Venture Partners | |
| Mar 2022 | $1.96M | Seed | $7.94M | Vinati Organics, Arun Venkatachalam |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2024 | $27.73M | •••••••• |
| Mar 2022 | $7.94M | •••••••• |
Last known valuation $27.73M (Nov 2024). 27 investors in total: 4 institutional and 23 angel.
Investors in Elchemy
Elchemy has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Info Edge, Vinati Organics and Prime Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on tech startups | – | primevp.in | Bengaluru, India | |
Venture capital firm backed by Info Edge and Temasek | – | infoedgeventures.in | Noida, India | |
Specialty chemicals and organic intermediates are manufactured by the company. | 1989 | vinatiorganics.com | Mumbai, India | |
A multi-group online classifieds company operating across diversified sectors | 1995 | infoedge.in | Delhi, India | |
AV Arun Venkatachalam | - | – | unknown_b8e029b1c9a84b418 | - |
HG Harsh Goenka | Chairman of RPG Enterprises, prominent Indian angel investor and business leader | – | unknown_1b87a11d6f1e45139 | - |
SP Swati Patil | - | – | unknown_90ecdae8afad42efa | - |
DA Dinesh Aggarwal | - | – | unknown_61397ef6487d45b99 | - |
VT Vivek Tiwari | Angel investor, tech entrepreneur, and advisor in Indian startup ecosystem | – | unknown_fbbadd9361b844998 | - |
AD Abhay Deshpande | Angel investor and tech entrepreneur, founder of MartJack, active in Indian startups | – | unknown_1cdf52ad55b54fcb9 | - |
Investor details for Elchemy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Bizinbiz Technologies Private Limited (Elchemy)
Bizinbiz Technologies Private Limited is the primary company behind Elchemy. The board of Bizinbiz Technologies Private Limited currently have 2 directors; the longest-serving is Hardik Seth, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hardik Seth DIN 09218840 | Director | 28 Jun 2021 | 5 yrs 3 mo | Bizinbiz Technologies Private Limited |
| Shobhit Jain DIN 09218841 | Director | 28 Jun 2021 | 5 yrs 3 mo | Bizinbiz Technologies Private Limited |
People of Elchemy
4 people are tracked at Elchemy (4 in leadership); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Dinesh Bhatt | Head Of Finance | Leadership |
Erin Kenneally | CEO | Leadership |
Complete people profiles for Elchemy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Elchemy
Figures of Bizinbiz Technologies Private Limited, the primary company behind Elchemy, for FY 2025. Revenue was ₹44.08 Cr (+20% year on year). Net loss was -₹2.62 Cr (-6% margin). EBITDA was -₹3.30 Cr (-7% margin). Revenue has grown at a compounded annual rate of +738% over three years.
- ₹44.08 CrRevenue · FY 2025 · +20% YoY
- -₹2.62 CrNet loss · -6% margin
- -₹3.30 CrEBITDA · -7% margin
- ₹0.08 CrPaid-up capital
- 14Employees (provident fund records)
- +738%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Bizinbiz Technologies Private Limited are on its company page.
Detailed financial statements for Elchemy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Elchemy
4 dated milestones of Elchemy across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Elchemy is founded.
- Funding First funding round of $2.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $5.6M.
Web traffic of Elchemy
The website of Elchemy (elchemy.com) receives about 90K visits a month and ranks #540,205 among all websites worldwide, #7,592 in Chemical Industry.
- Monthly visits90K
▲ 23.6% vs previous month
- Unique visitors31.2K
per month
- Global rank#540,205
among all websites
- Category rank#7,592
Heavy Industry and Engineering · Chemical Industry
- Bounce rate44%
- Pages per visit1.6
- Average visit29 sec
- DevicesDesktop 28% · Mobile 72%
Websites whose visitors overlap most with Elchemy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
petronaftco.com | petronaftco.com | 100% | – | #1,122,757 | – |
| dfpcl.com | 94% | 23.3K | #963,988 | View details | |
| ottokemi.com | 91% | – | #467,739 | View details | |
| ecolink.com | 91% | 24.1K | #1,256,934 | View details | |
| chemanalyst.com | 91% | 139.1K | #366,273 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Elchemy
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Elchemy
Complete news archive for Elchemy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Elchemy
10 companies that operate in the same segment as Elchemy (Chemicals Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microbe-based plant protection products and yield optimization services are provided. | 2013 | Boston, Massachusetts, United States | USD 1.4 B | – | – | |
Plant-based biopesticides are developed for agricultural applications by Terramera. | 2010 | Vancouver, British Columbia, Canada | USD 64.94 M | USD 3.42 M | 16 | |
Conductive nanocoatings are delivered via atomic layer deposition technology. | 2013 | Boulder, Colorado, United States | USD 202.75 M | – | – | |
Developr of bio-based products and natural compounds for biotechnological solutions | 1993 | Zwingenberg, Hesse, Germany | USD 5.38 M | – | – | |
Sustainable bio-based chemicals are manufactured using a proprietary platform. | 2016 | Houston, Texas, United States | USD 686.05 M | – | – | |
Biological insecticides and pesticides are developed from spider peptides. | 2001 | Kalamazoo, Michigan, United States | USD 286.68 M | – | – | |
Nitrogen-fixing microbes for corn crop nutrition are developed and applied. | 2010 | Berkeley, California, United States | USD 618.08 M | – | – | |
Instruments and software for color calibration are developed by Datacolor. | 1970 | Lawrenceville, United States | – | USD 781.59 K | 20 | |
Green acids are produced from microbes via synthetic biology. | 2010 | Emeryville, California, United States | USD 51.77 M | – | – | |
Phytochemicals are developed using microbial fermentation processes. | 2011 | Cambridge, Massachusetts, United States | USD 115.93 M | – | – |
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Frequently Asked Questions about Elchemy
Elchemy was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Elchemy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Elchemy is a funded company, having raised a total of $7.56M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.96M, raised on Mar 2022.
Elchemy has 14 employees.
The primary company behind Elchemy, Bizinbiz Technologies Private Limited, reported revenue of ₹44.08 Cr for FY 2025, up 20% year on year.
Elchemy was founded in 2021 and is headquartered in Mumbai, India. Operations focus on the chemical sector, where building blocks and intermediates are distributed to various industries. Custom manufacturing services encompass tailored formulations, quality assurance, and process development. Regulatory compliance is managed through ethical sourcing of ingredients, with supporting documentation aligned to industry standards.
Elchemy offers Custom Manufacturing, Customized Formulations, DOMS, and Quality Assurance.
Elchemy has 27 investors. Key investors include Info Edge, Vinati Organics, Prime Venture Partners, Info Edge Ventures, and Arun Venkatachalam.
The valuation of Elchemy is $27.73M as of Nov 2024.
Elchemy operates through Bizinbiz Technologies Private Limited.
The legal entities of Elchemy currently have 2 directors, including Hardik Seth, Shobhit Jain.