Funding Round

Gramik™ Secures $2 Million in Bridge Round Ahead of Series A

Agritech startup Gramik™ has closed a $2M bridge funding round through a mix of (OCDs) and Compulsorily Convertible Debentures (CCDs).

Key Takeaways

  • Gramik™ raises $2 million in bridge funding before its $6.7 million Series A round.
  • The startup has now secured over $5 million in total funding to date.
  • Investors include leaders from agribusiness, social impact, and private enterprise.
  • Funds will support product expansion, farmer engagement, and geographic scale-up.
  • Gramik™ aims to engage 1 million farmers and 3,000+ Village-Level Entrepreneurs by next year.

Gramik™ Attracts Strategic Investment to Strengthen Peer Commerce Model in Rural India

Bridge Round Reflects Investor Confidence Ahead of $6.7 Million Series A

Agritech startup Gramik™ has closed a $2 million bridge funding round through a mix of Optionally Convertible Debentures (OCDs) and Compulsorily Convertible Debentures (CCDs). This fundraising precedes its planned $6.7 million Series A round and is backed by prominent investors including Samman Ventures, Balram Yadav (MD & CEO of Godrej Agrovet), entrepreneur Gev Aryaton, Irfan Alam of Samman Foundation, Nikhil Bhagat of Orbit Leathers, and impact investor Salvia Siddiqui.

The new capital injection follows Gramik’s earlier seed round of over $3 million and will be used to strengthen the company’s presence across rural India.


Gramik™ Expands Rural Distribution Network Through Village-Level Entrepreneurs

Peer Commerce Platform Gains Ground in Underserved Markets

Founded by Raj Yadav, Gramik™ operates a dual-channel rural distribution platform that enables last-mile delivery of agri-inputs via a trusted network of over 1,200 Village-Level Entrepreneurs (VLEs) and 250+ rural retailers. The platform integrates logistics, demand aggregation, embedded credit, and agronomy services to streamline rural commerce.

Gramik’s model focuses on building long-term trust among smallholder farmers by embedding local entrepreneurship within the agri-input supply chain.


Bridge Funding to Accelerate Product, Tech, and Market Expansion

New Focus on Private Labels and Agronomy Engagement

The $2 million raised will help Gramik™ expand its private-label product offerings, improve farmer advisory services, and grow its footprint in Uttar Pradesh, Maharashtra, and Jammu. The startup’s aim is to scale to 3,000+ VLEs and engage over 1 million farmers by 2026, supported by an enhanced digital infrastructure.

With India’s agri-input and rural commerce market estimated at $50 billion, Gramik is positioning itself as a key player through localized, technology-enabled solutions.

administrator
As a dedicated journalist and entrepreneur, I helm iGrow News, a pioneering media platform focused on the evolving landscape of Agriculture Technology. With a deep-seated passion for uncovering the latest developments and trends within the agtech sector, my mission is to deliver insightful, unbiased news and analysis. Through iGrow News, I aim to empower industry professionals, enthusiasts, and the broader public with knowledge and understanding of technological advancements that shape modern agriculture. You can follow me on LinkedIn & Twitter.

Leave a Reply