Team Startupcity

• Gramik bags INR 17 Cr in bridge round via OCDs & CCDs, backed by Sammaan Global Ventures, Money Creeper Investment, and notable angel investors.
• Funds to scale private-label offerings and farmer outreach across Uttar Pradesh, Maharashtra, and Jammu.
• Series A round worth INR 56 Crore expected in 4-5 months, with confirmed interest from impact investment funds and existing backers.

Agritech platform Gramik has raised INR 17 Crore (approximately $2 Mn) through a combination of optionally convertible debentures (OCDs) and compulsorily convertible debentures (CCDs).

The bridge funding round included Sammaan Global Ventures and Money Creeper Investment, while angel investors such as Dubai entrepreneur Gev Aryaton, social entrepreneur Irfan Alam, bollywood industry veteran Nikhil Bhagat, social impact investor Salvia Siddiqui and existing investor Balram Yadav, managing director and CEO of Godrej Agrovet, took part.

The new capital will be utilized by the startup to increase its private-label product offerings, intensify agronomy-driven farmer engagement, and scale up operations in UP, Maharashtra and Jammu.

Founded by Raj Yadav in 2021, Gramik was initiated as an agritech platform to enhance and transform rural communities through convenient access of quality farm inputs, expert knowledge, innovative farm practices, farmers', women's and rural youth business capabilities.

The agritech startup has a lively tech stack that scalability forms the core of. The startup also asserts that it provides complete farm needs of Indian farmers. Gramik utilizes its associations with manufacturers and logistics players to procure products at lower prices and create space for timely deliveries.

Before its recent funding round, the startup has raised INR 20 Cr in total so far. It has angel investors including Mercer Mettl's CEO Siddarth Gupta, Zivame's founder Richa Kar and venture debt firm NBFC Western Capital backing it. Additionally, Gramik is expected to raise INR 56 Cr in its Series A funding round.

Speaking to Inc42 on the funding, Yadav said, “Series A is expected to happen in the next four to five months. The investors from this bridge round will be participating in the Series A as well, along with an impact investment fund. We’re in advanced discussions with a strong pipeline of both new and existing investors excluding the INR 56 Cr confirmed raise.”

Gramik today serves 12 districts, with more than 1,200 active village level entrepreneurs (VLEs) and rural retail partners in excess of 250. It plans to scale up to more than 3,000 VLEs and connect more than 1 Mn farmers in the next year through amplified tech, supply chain, and agronomy infrastructure.

The innovation occurs when the nation's agricultural industry has been identified to be amongst the major contributors to the GDP, according to government statistics collected in 2023.

A majority of agritech ventures that have begun to appear over the last decade revolved around technology implementation at the last mile ranging from crop monitoring through satellites to embedded credit tied directly to post-harvest flows.

This opportunity in the market has urged a number of tech startups and investors to capitalize on India's ageless agriculture industry.

Over the last half a year of this year, the agritech industry has collectively raised $143 Mn through 16 deals, according to Inc42's Indian Tech Startup Funding Report H1 2025 report.

Earlier this month, agritech venture firm Eeki raised $7 Mn, and Surat-based company GROWiT raised $3 Mn in May, to fuel their growth plans and strengthen their tech stack, among others.