Entvin

TLDR: Entvin is a digital platform that allows sourcing/procurement teams to find new chemical suppliers from Asia based on regulatory info, manufacturing capacity, etc. to diversify their global supply chains.

🌍Context:

”Over 96% of all manufactured goods are directly touched by the business of chemistry” - American Chemistry Council
Chemicals play a pivotal role across various end-use sectors, including pharmaceuticals, agriculture, paint and coatings, animal nutrition, flavor and fragrances, personal care, and semiconductors, among others.

• Global chemical cross-border trade amounts to $1,096 Bn, with the U.S. importing around $124 Bn. (11% growth rate)
• The Covid-19 pandemic highlighted vulnerabilities in global chemical supply chains, necessitating diversification.
• Evolving geopolitical dynamics in Asia require U.S. chemical firms to reduce risk in their global supply chains.
• India, being one of the largest pharmaceutical producers, is rapidly expanding its chemical production capacity to meet this rising global demand.

😠 The Problem

Traditionally, sourcing teams have faced numerous challenges when seeking new suppliers for chemicals and pharmaceuticals. They often rely on time-consuming methods such as trade shows, personal networks, or Google searches.

• There is a lack of a centralized and trustworthy source to validate Asian suppliers, making it difficult to distinguish between genuine manufacturers and traders.
• The complexity of verifying technical details leads to dependency on intermediaries or traders, which can be costly and limit sourcing options.
• Gathering essential supplier information, such as plant capacity, location, and financial data, has remained a persistent challenge.
• The existing regulatory databases are fragmented and not always user-friendly.
• Lack of actionable price information often makes negotiations with suppliers more challenging.
• Decades-old database providers have failed to adapt to changing sourcing needs, leaving sourcing teams with outdated tools.

😎 The Solution

Entvin presents a comprehensive solution to these sourcing challenges. With a vast database comprising over 100k global chemical and pharmaceutical companies, Entvin offers crucial information, including plant capacity, revenue, end-use applications, contact details, and regulatory compliance data such as REACH, FDA, DMFs- all in one single dashboard. Entvin simplifies and streamlines the sourcing process, making it more efficient than ever before:

• 🧪 Search Chemicals: Effortlessly search for suppliers by chemical name or CAS number (unique identification number of chemicals)
• 🌍 Geographical Filters: Narrow down your search by country or region.
• 📝 Registration Type Filters: Tailor your search by registration type to find the most suitable suppliers.

When companies come to Entvin they:

• 🔍 Efficiently Discover Suppliers: Easily find new suppliers for the chemicals you require.
• 📊 Access Detailed Supplier Information: Gain access to comprehensive supplier data, including manufacturing registrations, plant capacity, revenue, export history, and more.
• 💲 Stay Informed on Price Trends: Keep up-to-date with price trends, enabling better negotiation strategies with your suppliers.
• 🧪Explore Chemical Routes of Synthesis: Access an extensive database of chemical synthesis routes to uncover new product applications.

👥Team

We’re Sanskar, Hemant and Kshitj — 3 founders from India. During our engineering at IIT Bombay we worked on multiple initiatives including - Mood Indigo, which is IIT Bombay’s cultural festival, also one of the largest college cultural festivals globally.

☎️ Contact

Reach out to us at founders@entvin.com, or visit us at entvin.com.