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Gurugram (Haryana) [India], March 30 (ANI/NewsVoir): Planify has recently opened its doors to bring onboard the rapidly emerging star in the Crude Coal tar Industry, VCI Chemical Industries. Planify is the biggest platform that connects entrepreneurs with investors for hassle-free equity fundraising. Planify is actively working in Seed, Pre-Series A, and Series A Funding for the startups and helps raise between Rs 1 Cr. to Rs 50 Cr. for their ventures respectively. Planify-backed Startups have a portfolio valuation of over Rs. 1600 Cr. across 6 companies. VCI Chemicals is involved in the production of specialty chemicals products i.e. Coal Tar Pitch (commonly known as CTP) and high-grade Distillates. The company has a 1.1 Lakh MTPA Coal tar Distillery on 31.1-acre land in Kalinganagar, Orissa. CTP is a key ingredient used in the Aluminium smelter industry. The company aims to substitute 20 per cent-25 per cent of the CTP requirement in the Middle Eastern market which currently relies 1

Tamil naduShubham guptaGurugram haryanaVikrant groupVellore institute of technologyGulf cooperation councilChemical industries managementIndustrial development authority of orissaChemical industriesCrude coalStar pitchMiddle easternCarbon specialty chemicalsCoal tar pitchMiddle east countriesMiddle east market