Gramiyaa has raised ₹18.65 crore in a Series A funding round. The funding round was led by Optiscape Network Holdings. Homegrown Ventures, Campus Fund, and others also participated in the funding round. The company had raised ₹7.2 crore in March 2025. The funding was led by Homegrown Ventures along with Campus Fund and Mumbai Angels.

Investments and shareholding structure

The investment round added a total of 49% to Gramiyaa’s valuation now standing at ₹110 crore, compared to an earlier valuation of ₹74 crore, which was finalized in the pre-Series A phase. The newly raised funds will be used by the startup to meet growth capital needs as well as for general company purposes.

To enable the funding round, 32,968 Series A Compulsorily Convertible Preference Shares were allotted by the board of directors of Gramiyaa at an issue price of ₹5,657 per share, according to regulatory filings. 

Lead investor Optiscape Network Holdings, which had invested ₹9 crore, contributed the highest amount, followed by Homegrown Ventures with ₹4.5 crore and Campus Fund with ₹4 crore. Series A investors included Sarya Global Holdings with an investment of ₹90 lakh and individual investor Rasagna Pulapaka with a ₹25 lakh investment. 

Homegrown Ventures will maintain its position as the largest external shareholder of the company with 17.34%, while Campus Fund ranks next with 9.86% and new shareholder Optiscape Network Holdings with 8.28%. Sibi Manivannan, Mohamed Yaseen and Naveenrajaman RL are the co-founders with equity distributed as 26.04%, 13.02% and 13.02%, respectively.

Brand operations and financial performance

Gramiyaa was established in 2016 by Sibi Manivannan, who is a dedicated brand of cold-pressed oils and produces the entire range independently with traditional oil-making methods. 

The direct-to-consumer brand has a wide range of essential cooking oils like groundnut oil, coconut oil, sesame oil, mustard oil, etc and specific brands like virgin coconut oil and virgin olive oil. 

Gramiyaa sells its products through its website as well as has a robust online presence on platforms such as Amazon, Blinkit, Zepto, Instamart, BigBasket, DMart Ready, and FirstClub, among others.

Gramiyaa continues to scale up its footprint and enjoys considerable growth in its Top Line. The company hasn’t reported its official financial statements for the year FY26 yet, but the financial performance for FY25 reported a significant year-on-year revenue increase of 72.7% to ₹19 crore. The brand’s losses also saw an upward surge, going up by almost 12.7X in the same period to ₹4 crore in FY25, as operational expenses increased during the period.

Conclusion

Gramiyaa’s completion of the ₹18.65 crore Series A fundraise marks a significant milestone in advancing its growth trajectory within the cold-pressed oil industry. The startup is well positioned to build its business operations with a 49% valuation appreciation to ₹110 crore and strong institutional investment from Optiscape Network Holdings, Homegrown Ventures, and Campus Fund. Traditional production processes and multi-channel distribution channels, including both direct-to-customer and quick-commerce channels, coupled with its own manufacturing power, further cement Gramiyaa’s standing in the fast-changing consumer market.