About Molequle
Molequle is a Chemicals & Materials company based in Gurugram (India) founded in 2008 by Utpal Raman Sharma and Ayush Agarwal. Specialty chemicals are supplied globally by Molequle from India. Molequle has raised $312.36 thousand across 1 funding round from investors including LetsVenture, Anicut Capital and Indus Capital Partners. Molequle was last valued at $1.95 million in May 2023. Its chief executive, as recorded, is Utpal Raman Sharma. Its focus areas include Chemicals and Materials, Diversified Chemicals and Speciality Chemicals. Its legal entity in India is Elara Technology Private Limited (U46102HR2022PTC102531).
Company details
Molequle was founded in 2008 and is based in Gurugram, India. Operations center on the manufacture and global distribution of specialty chemicals produced in India. AI-driven insights are offered to assist marketing and sales teams with decision-making and investment outcomes. The company operates within the chemicals sector, integrating technology for operational efficiency.
- Headquarters Gurugram, India
- Founders Utpal Raman Sharma, Ayush Agarwal
- Stage Minicorn
- SectorsChemicals & Materials
- Phone•••• ••••
- Website molequle.biz
- Social LinkedIn
- Legal Name Elara Technology Private Limited
- Date of Incorporation 01 Apr, 2022
- Annual Revenue$156.43 K (USD)4077as on Mar 31, 2024
- Net Profit-$97.14 K (USD)-583as on Mar 31, 2024
- EBITDA-$94.98 K (USD)-646as on Mar 31, 2024
- Total Equity Funding$312.36K (USD)
in 1 rounds
- Latest Funding Round$312.36K (USD), Seed
May 2023
- InvestorsLetsVenture
& 13 more
Associated legal entities of Molequle
Molequle operates through Elara Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Elara Technology Private Limited CIN U46102HR2022PTC102531 | Active | 01 Apr 2022 | Gurugram, Haryana | 2 | View details |
Funding Insights of Molequle
Molequle has successfully raised a total of $312.36K through 1 strategic funding round. The most recent funding activity was a Seed round of $312.36 thousand completed in May 2023. 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 $312,358
- Total Rounds 1
- Last Round Seed — $312,358
- First Round $312,358
(May 2023)
- Investors Count 14
All 1 funding rounds of Molequle 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 |
|---|---|---|---|---|---|
| May 2023 | $312,358 | Seed | $1.95M | Anicut Capital, Shastra VC |
| Date | Valuation | Stage |
|---|---|---|
| May 2023 | $1.95M | •••••••• |
Last known valuation $1.95M (May 2023). 14 investors in total: 5 institutional and 9 angel.
Investors in Molequle
Molequle has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LetsVenture, Anicut Capital and Indus Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India. | 2015 | anicutcapital.com | Chennai, India | |
Venture capital investments are provided to early-stage startups across sectors. | shastra.vc | Bengaluru, India | ||
| greyhoundinnovationlabs.tcc.mode | ||||
Diversified investment management services are provided across sectors. | 2000 | induscap.com | New York, United States | |
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
AK Amit Kumar | Angel investor and entrepreneur, co-founder of Ah! Ventures, active in Indian startups | unknown_2d13495dfb434ccca | ||
AG Ashish Gupta | unknown_e883ecb24a524f9c8 | |||
MF Mohd Farid Ahsan | unknown_2a5e5f19a8394d0e9 | |||
IA Ishendra Agarwal | Angel investor and entrepreneur, co-founder of Campus Sutra, active in Indian startup ecosystem | unknown_7f4b5ebf453f400aa | ||
MV Mudit Vijayvergiya | Co-founder of Curofy, angel investor in Indian startups | unknown_799012238e814b73a |
Investor details for Molequle
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 Elara Technology Private Limited (Molequle)
Elara Technology Private Limited is the primary company behind Molequle. The board of Elara Technology Private Limited currently have 2 directors; the longest-serving is Ayush Agarwal, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ayush Agarwal DIN 07659869 | Director | 01 Apr 2022 | 4 yrs 6 mo | Elara Technology Private Limited |
| Utpal Raman Sharma DIN 07264266 | Director | 01 Apr 2022 | 4 yrs 6 mo | Elara Technology Private Limited |
People of Molequle
2 people are tracked at Molequle (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Molequle
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.
Timeline of Molequle
3 dated milestones of Molequle across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Molequle is founded.
- Funding First funding round of $312K.
- Milestone Reaches Minicorn status.
Top companies in Core & Diversified Chemicals
3 companies that operate in the same segment as Molequle (Core & Diversified Chemicals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate | 1979 | Pune, Maharashtra, India | USD 1.21 B | 1,020 | ||
Specialty chemicals are manufactured through integrated R&D and production processes. | 2023 | Bengaluru, Karnataka, India | USD 72.97 M | USD 2.13 M | ||
Manufactures coal tar and basic industrial chemicals. | 1987 | Kolkata, West Bengal, India | USD 24 M | USD 496.46 M | 2,480 |
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Frequently Asked Questions about Molequle
Molequle was founded in 2008 and raised its 1st funding round 15 years after it was founded.
Molequle is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Utpal Raman Sharma is the CEO of Molequle, as recorded in our data. They have also founded this company.
Molequle is a funded company, having raised a total of $312.36K across 1 funding round to date. The company's 1st funding round was a Seed of $312.36K, raised on May 2023.
Annual revenue of Molequle is $156.43K as on Mar 31, 2024.
Molequle was founded in 2008 and is based in Gurugram, India. Operations center on the manufacture and global distribution of specialty chemicals produced in India. AI-driven insights are offered to assist marketing and sales teams with decision-making and investment outcomes. The company operates within the chemicals sector, integrating technology for operational efficiency.
Molequle has 14 investors. Key investors include LetsVenture, Anicut Capital, Indus Capital Partners, Greyhound Innovation Labs, and Amit Kumar.
The valuation of Molequle is $1.95M as of May 2023.
Molequle operates through Elara Technology Private Limited.
The legal entities of Molequle currently have 2 directors, including Ayush Agarwal, Utpal Raman Sharma.