Bengaluru-based cold-pressed oil brand Gramiyaa has raised Rs 18.65 crore in a Series A funding round led by new investor Optiscape Network Holdings. Existing investors Homegrown Ventures, Campus Fund and others also participated in the round. With this investment, the company’s valuation has reached Rs 110 crore, marking a 49% increase from its previous valuation of Rs 74 crore.
The latest funding comes after Gramiyaa raised Rs 7.2 crore in a pre-Series A round in March 2025, led by Homegrown Ventures, with participation from Campus Fund and Mumbai Angels.
Optiscape Network Holdings Leads the Funding Round
Gramiyaa raised the latest capital by allotting 32,968 Series A compulsorily convertible preference shares (CCPS) at Rs 5,657 per share.
Optiscape Network Holdings invested Rs 9 crore, making it the largest contributor to the round. Homegrown Ventures invested Rs 4.5 crore, while Campus Fund contributed Rs 4 crore. Sarya Global Holdings invested Rs 90 lakh, and Rasagna Pulapaka participated with Rs 25 lakh.
The company plans to use the funds to support business growth and meet its general corporate requirements.
Gramiyaa’s Journey in the Cold-Pressed Oil Market
Founded in 2016 by Sibi Manivannan, Gramiyaa focuses on making cold-pressed oils using traditional oil-making methods. The company manufactures its products in-house and offers a range of everyday cooking oils.
Its product portfolio includes groundnut, coconut, sesame and mustard oils, along with virgin coconut oil and olive oil. By combining traditional oil-making practices with online sales, Gramiyaa aims to make its products accessible to more consumers.
The brand follows a direct-to-consumer (D2C) business model and sells through its official website and several online shopping and quick-commerce platforms. These include Amazon, Blinkit, Zepto, Instamart, BigBasket, DMart Ready and FirstClub.
Who Owns Gramiyaa After the Series A Round?
Following the latest share allotment, Homegrown Ventures remains Gramiyaa’s largest external shareholder, holding a 17.34% stake. Campus Fund owns 9.86%, while new investor Optiscape Network Holdings holds an 8.28% stake.
The company’s co-founders also continue to hold significant ownership. Sibi Manivannan holds a 26.04% stake, while Mohamed Yaseen and Naveenrajaman RL each own 13.02%.
The latest investment gives Gramiyaa additional capital as it looks to grow its presence in the cold-pressed oil market and reach more customers across India.
Gramiyaa’s Revenue Grows 72.7% in FY25
Gramiyaa reported strong revenue growth in FY25. The company’s revenue increased 72.7% year-on-year to Rs 19 crore, showing a rise in sales during the financial year.
However, the company also saw a sharp increase in losses. Its losses rose nearly 12.7 times to Rs 4 crore in FY25. Gramiyaa has not yet filed its financial results for FY26.
With its valuation rising to Rs 110 crore and fresh capital coming in, Gramiyaa now has more funds to support its next phase of growth. The company’s ability to build on its revenue growth while managing losses will be an important part of its journey ahead.
