VC Fund Investments
Cold-pressed oil brand Gramiyaa raises Rs 7.2-Cr led by Homegrown Ventures
Bengaluru-based cold pressed oil company Gramiyaa has raised INR 7.2 crore in a pre-Series A round led by Homegrown Ventures. The round also saw participation from Campus Fund and Mumbai Angels.The fresh funds will be used by the company for capacity expansion, to enhance sourcing, streamline and strengthen the manufacturing distribution channels including D2C (direct-to-consumer) channel.Founded in 2016 by Sibi Manivannan, Gramiyaa sells cooking oils & fats. Its products include wood-pressed groundnut oil, sesame oil and coconut oil. It has a presence across 5 metros in India and warehouses in 6 metros.
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