Gramik, an emerging player in India’s agritech sector, has raised ₹17 crore (~$2 million) in a bridge funding round to boost its mission of transforming rural commerce. This capital infusion comes as the startup gears up for a larger ₹56 crore Series A round anticipated in the next five months.
The interim round was raised through a mix of optionally convertible debentures (OCDs) and compulsorily convertible debentures (CCDs). It saw participation from notable investors such as Sammaan Global Ventures, Money Creeper Investment, and angel investors, including:
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Gev Aryaton (Dubai-based entrepreneur)
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Irfan Alam (social entrepreneur)
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Nikhil Bhagat (Bollywood personality)
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Salvia Siddiqui (social impact investor)
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Balram Yadav, MD & CEO of Godrej Agrovet (returning investor)
🚜 Gramik’s Full-Stack Rural Commerce Model
Founded by Raj Yadav, Gramik is addressing critical gaps in India’s rural agricultural ecosystem by:
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Enhancing access to quality farm inputs
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Providing agronomic knowledge and modern farm practices
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Empowering village-level entrepreneurs (VLEs) and rural retailers
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Offering embedded credit and logistics support
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Using a full-stack digital platform for real-time demand aggregation and farmer engagement
The startup’s peer commerce distribution model ensures grassroots-level participation, making rural entrepreneurship more inclusive and tech-enabled.
Currently active across 12 districts, the platform boasts:
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1,200+ active VLEs
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250+ rural retail partners
Strategic Expansion Ahead
With the fresh funds, Gramik plans to:
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Expand across Uttar Pradesh, Maharashtra, and Jammu
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Launch private-label agri products
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Strengthen farmer advisory services
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Enhance supply chain infrastructure and agronomy tech
By next year, Gramik targets:
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3,000+ VLEs
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1 million farmers reached
Strong Backing Since Inception
To date, Gramik has raised a total of ₹20 crore in seed funding from:
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Siddarth Gupta, CEO of Mercer Mettl
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Richa Kar, Founder of Zivame
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NBFC Western Capital
This robust support underscores investor confidence in Gramik’s mission-driven approach to agriculture transformation.
Why This Matters
As India’s agriculture sector rapidly digitizes, startups like Gramik are filling critical gaps in rural infrastructure. By merging agronomic knowledge with tech-led delivery, Gramik is setting new standards in inclusive rural growth.
Innovent Blog is your go-to source for the latest updates in India’s startup ecosystem—covering funding rounds, founder insights, and innovations that shape the future. Stay tuned for more!
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