The company has so far acquired customers across three markets -- Japan, Singapore and India. The platform enables R&D teams to collaborate across different geographies and manage all their past and current experimental data, design new experiments, and get AI-based recommendations for new formulations. Discover the stories of your interestBlockchain5 StoriesCyber-safety7 StoriesFintech9 StoriesE-comm9 StoriesML8 StoriesEdtech6 StoriesThe startup has a subsidiary in India and its tech team is based entirely in the country This capital raise shall enable Polymerize to deepen its relationships with large polymer cos and assist them in digitising their materials innovation journey,” said Amit Behl, partner at InfoEdge Ventures. Founded in 2020 by Kunal Sandeep and Abhijit Salvekar, Polymerize is an artificial intelligence (AI)-based Saas platform that helps research and development (R&D) teams in chemical companies simplify formulation development and data management.