Agri-biotech startup GreenGrahi has raised Rs 32 crore ($3.73 million) in a fresh funding round led by Avaana Capital, with support from Huddle, Campus Fund, Blume Founders Fund, and angel investors including Nitin Sharma of Nexus Venture and Sameer Brij Verma of Northpoint Capital.
With this latest infusion of funds, GreenGrahi aims to further develop its insect biomanufacturing platform, strengthen its scientific team, and fuel international expansion, particularly in the US, UK, and EU markets, which are projected to contribute up to 35% of its future business.
Founded in 2021 by Siddharth Sharma and Shivali Sugand, the Bengaluru-based startup is transforming agricultural waste into high-quality insect-based ingredients and supplements for animal and plant nutrition.
The company also produces biofertilisers, biostimulants, and biopesticides to enhance soil health and crop performance.
GreenGrahi operates on a circular economy model, sourcing by-products from FMCG and agri-input partners.
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This marks the company’s second investment round after an undisclosed pre-seed fund raised from Campus Fund in July 2023.
Currently serving over 10 B2B clients, GreenGrahi is positioning itself as a global player in sustainable agri-biotech solutions.
