Zenfold Ventures LLP, an investment fund focussed on healthcare, nutraceuticals and chemicals, has invested in India’s leading biocatalysis application company, Iosynth Labs. The investment has been made with the aim of a strategic expansion of Iosynth by producing selected chemicals and intermediates using expertise in biocatalysis, fermentation, and chemistry. Iosynth offers bio-catalytic services and manufactures speciality enzymes.
The Spice Route Legal team that assisted Zenfold Ventures was led by Praveen Raju, along with Renuka Abraham, Swarna Jain and Kinjal Parikh. This is the fifth deal in the speciality chemicals space that the firm has assisted in this calendar year.
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