Tulon Materials

Summary active Updated Jul 5, 2026

This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.

Location Navi Mumbai, India
Founded 2022
Latest Stage Seed
Total Raised ₹10 Cr
Website https://tulon.in/
Sector
climate-tech materials deep-tech sustainability specialty-chemicals

Founders

Asesh Sarkar Co-Founder
Rabindranath Mandal Co-Founder
Harsh Bhatt Co-Founder & CEO

About

Tulon Materials is a deep-tech specialty chemicals company that develops sustainable industrial-grade resins from plastic waste, using AI-assisted chemical simulation and materials validation to compress product development timelines. The company is DPIIT-recognized and headquartered in Navi Mumbai with resin manufacturing in Visakhapatnam 123. Founded in 2022 by Asesh Sarkar, Dr. Rabindranath Mandal, and Harsh Bhatt (CEO), the founding team brings a combined eight decades of experience in the chemical industry 23. Tulon targets paints and coatings, printing inks, and adhesives markets, and is positioning its “Made in India” specialty chemicals for the European Union, with multiple products under technical validation by large multinational enterprises 23.

Funding History

Date Round Amount Lead Co-investors
2026-07-02 Seed ₹10 Cr Karthik Sundar Iyer Karan Goshar (Valour Capital, personal capacity), Prakhar Pandey (Valour Capital, personal capacity), Agam Shah 123

What Investors Say

No independently sourced investor commentary found.

What Founders Say

Harsh Bhatt, Co-Founder and CEO, stated the company was “founded to bridge the historical gap between deep scientific research and commercial agility” 1.

Sources

  1. StartupTalky, “Tulon Materials Raises ₹10 Crore Seed Round to Build Next-Generation Speciality Chemicals,” July 2, 2026. Accessed July 2026. https://startuptalky.com/news/tulon-materials-raises-10-crore-seed-round/↩↩↩

  2. Outlook Business, “Tulon Materials Raises ₹10 Crore in Seed Funding to Turn Plastic Waste into Specialty Chemicals,” July 2026. Accessed July 2026. https://www.outlookbusiness.com/deeptech/specialty-chemical-start-up-tulon-materials-raises-10-cr-in-seed-round↩↩↩↩

  3. Indian Startup News, “Tulon Materials raises Rs 10 crore in seed funding to build next-generation specialty chemicals,” July 2, 2026. Accessed July 2026. https://indianstartupnews.com/funding/tulon-materials-raises-rs-10-crore-in-seed-funding-to-build-next-generation-specialty-chemicals-12126514↩↩↩↩