Agri-biotech startup GreenGrahi has raised ₹32 crore (approximately $3.73 million) in a funding round led by Avaana Capital. The round also saw participation from Huddle, Campus Fund, Blume Founders Fund, and notable angel investors, including Nitin Sharma from Nexus Venture Partners and Sameer Brij Verma of Northpoint Capital.
The new funding will be used to strengthen GreenGrahi’s insect-based biomanufacturing platform, expand its scientific and engineering team, and fuel its international market expansion.
Headquartered in Bengaluru, the startup previously raised an undisclosed pre-seed round from Campus Fund in July 2023.
Founded in 2021 by Siddharth Sharma and Shivali Sugand, GreenGrahi develops high-quality insect-derived ingredients and supplements for animal and plant nutrition, utilizing a circular economy model. The company partners with FMCG firms and agri-input suppliers to transform agricultural waste into valuable bio-products.
In addition to its core offerings, GreenGrahi also manufactures biofertilisers, biostimulants, and biopesticides, aimed at enhancing soil health and improving crop resilience.
Currently operating as a B2B platform, the startup serves over 10 clients in the agri-nutrition sector. It aims to grow its scientific capabilities and expand into international markets including the US, UK, and EU, which are expected to account for 30–35% of its future revenue.
