Gramiyaa, a Bengaluru-based cold-pressed cooking oil brand, has raised Rs 18.65 crore, about $2.1 million, in a Series A round led by new investor Optiscape Network Holdings, according to regulatory filings reported by Entrackr.

Optiscape put in Rs 9 crore. Existing investors Homegrown Ventures and Campus Fund invested Rs 4.5 crore and Rs 4 crore, while Sarya Global Holdings and Rasagna Pulapaka contributed smaller amounts. Entrackr estimates Gramiyaa's post-money valuation at about Rs 110 crore, up 49% from Rs 74 crore at its previous round.

What Gramiyaa Sells

Founded in 2016 by Sibi Manivannan, Gramiyaa makes its oils in-house using traditional cold-press methods, which extract oil without high heat or chemical solvents. Its range includes groundnut, coconut, sesame and mustard oils, along with virgin coconut and olive oils.

The brand sells through its own website and a long list of online channels, including Amazon, BigBasket, DMart Ready and FirstClub, as well as quick commerce apps Blinkit, Zepto and Instamart.

The Financials

Gramiyaa's revenue rose 72.7% year over year to Rs 19 crore in FY25. Losses grew about 12.7 times to Rs 4 crore over the same period, reflecting heavier spending on growth. The company has not yet filed its FY26 results.

The new funding follows a Rs 7.2 crore pre-Series A round in March 2025 led by Homegrown Ventures, with Campus Fund and Mumbai Angels participating. After the latest round, Homegrown Ventures is the largest outside shareholder at about 17%. The co-founders, Manivannan, Mohamed Yaseen and Naveenrajaman RL, together hold just over half the company.

According to the filings, the money will be used for growth capital and general corporate purposes.

Why It Matters

Cold-pressed oils have moved from health food stores into the mainstream in India, helped by growing consumer interest in less-processed foods and by quick commerce apps that put niche brands in front of urban shoppers within minutes. That has drawn investors to a crowded field of direct-to-consumer staples brands.

Gramiyaa's numbers show both sides of the model: fast revenue growth through online and quick commerce channels, and rising losses to fund it. The Series A gives the company runway to keep scaling, with the next test being whether it can narrow losses as it grows.

Source

Entrackr — "Exclusive: Gramiyaa raises fresh capital in Series A round at Rs 110 Cr valuation"