B2B manufacturing startup Scimplify raises $25 mn led by Hitachi Ventures

New Delhi: Scimplify, a startup that helps companies develop and manufacture speciality chemicals, has raised $25 million in a funding round led by Hitachi Ventures, underscoring growing investor involvement in India’s manufacturing sector.The Bengaluru-based company said the round drew strategic investors including Teknor Apex, Henkel and a Japanese chemical company, alongside existing backers Accel, 3one4 Capital, Bertelsmann India Investments and Omnivore. With the latest raise, Scimplify has secured about $80 million in funding.The fresh capital will be used to expand…