Chemicals and pharma research firm Clearsynth Labs gets VC funding

Clearsynth Labs Ltd, a Mumbai-based chemicals and pharmaceuticals research company, has raised early-stage funding from a venture capital firm. Clearsynth Labs secured $1.5 million (Rs 11 crore) from SIDBI Venture Capital Ltd, a unit of the state-run Small Industries Development Bank of India. Clearsynth said in a statement it plans to use ......