Gramiyaa, a vertically integrated cold-pressed oil brand, has raised ₹7.2 crore in a pre-Series A funding round led by Homegrown Ventures. The round also saw participation from Campus Fund and Mumbai Angels.
Previously in March 2024, Gramiyaa raised $1.14 million in a seed round from Homegrown Ventures, Campus Fund and Mumbai Angels.
Demonstrating strong investor confidence, all three investors have reinvested in the company just a year after the seed round in March 2024.
The fresh funds raised will be used to expand its production capacity to 4 lakh litres per month, enhance its sourcing capabilities, streamline manufacturing processes and strengthen its distribution channels, including its D2C platform, offline retail, and its fastest-growing sales driver — quick commerce.
Mohamed Yaseen, Co-Founder of Gramiyaa, said, “This investment reinforces our commitment to owning our production process, which is key to maintaining consistent quality as we scale. The funds will also support our efforts to build brand awareness and further establish Gramiyaa as a leader in the healthy cooking oils segment.”
“The cold-pressed oil category in India is no longer a niche; it’s evolving into a robust market driven by consumer demand. Gramiyaa isn’t just riding this wave; they’re shaping it by setting new benchmarks in quality and transparency. Reinvesting in them was an easy decision given their exceptional team and remarkable progress,” said Nader Amiri, General Partner at Homegrown Ventures.
Founded in 2016 by Sibi Manivannan, Gramiyaa is a wood cold-pressed oil brand with a presence across 5 metros in India, and the USA. Gramiyaa offers minimally processed with zero chemicals or preservatives from its manufacturing facility.
Gramiyaa is set to achieve ₹36 crore in annual recurring revenue (ARR) by March 2025.
