Covvalent
Assembly Line
Specialty chemicals startup Covvalent raises $4.3 million in seed funding from Nexus VP, others
Gurugram-based startup Covvalent, which operates in the B2B speciality chemicals space, has raised $4.3 million in a seed funding round led by Nexus Venture Partners. The startup, founded this year by IIT Kharagpur alumni Sandeep Singh and Arush Dhawan, operates as a tech-enabled managed marketplace for speciality chemicals such as pigments, resins, additives, binders and polymers.