In an exciting development for the agri-biotech sector, GreenGrahi, a rising star in the industry, has raised INR 32 Crore (approximately $3.7 Million) in a seed funding round led by Avaana Capital. This funding will propel the startup’s ambitions to revolutionize India’s agritech landscape.
The round saw strong backing from key investors, including Huddle Ventures, Campus Fund, and Blume Founders Fund. Angel investors like Nitin Sharma from Nexus Ventures and Anchit Gupta from Samara Capital also contributed, further validating the potential of GreenGrahi’s innovative approach to sustainable agriculture.
GreenGrahi’s primary focus will be to establish India’s largest Black Soldier Fly (BSF) bio-factory, designed to process up to 150 tonnes of feedstock daily. This ambitious project will drive the production of insect proteins, functional oils, and hydrolysates — vital ingredients used in aquaculture, poultry, and pet care. Additionally, GreenGrahi plans to grow its scientific team and expand its global presence in markets like the US, UK, and the European Union.
Founded in 2021 by Shivali Sugand and Siddharth Sharma, GreenGrahi is tapping into the burgeoning potential of insect biotechnology. Their platform uses Black Soldier Flies (BSF) and microbiomes to develop solutions that are environmentally friendly and economically viable. Beyond protein production, the startup also manufactures biological agri-inputs, such as biofertilizers, biostimulants, and biopesticides. These products are designed to enhance soil health, improve crop resilience, and reduce dependence on harmful chemical fertilizers and pesticides.
This round of funding comes at a time when the agritech sector is witnessing a surge in investor interest, both locally and globally. According to recent market analysis, agritech startups in India have collectively raised more than $2.4 Billion since 2014, signaling strong investor confidence in the sector’s future.
The landscape is evolving rapidly with numerous players making their mark. Companies like Eeki Foods, CropIn, and BharatAgri are leveraging technology to solve critical problems faced by farmers. Just recently, Fasal, a homegrown agritech platform, was acquired by a Swiss-Indian agritech firm, Innoterra, which is looking to expand its distribution network across the country. Additionally, Fambo secured INR 21 Crore (approximately $2.4 Million) in seed funding to accelerate its expansion and technological development.
As the demand for sustainable agricultural solutions grows, GreenGrahi is poised to become a key player, not only in India but across the globe.
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