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, with existing backers Homegrown Ventures and Campus Fund also taking part. The deal values the direct-to-consumer brand at about Rs 110 crore, according to regulatory filings.

The fresh capital gives Gramiyaa a bigger war chest as it competes for shelf space in a grocery category that has moved quickly from niche health stores into mainstream quick-commerce baskets.

The funding round and its investors

Optiscape Network Holdings led the round with Rs 9 crore, the single largest contribution. Homegrown Ventures followed with Rs 4.5 crore, while Campus Fund added Rs 4 crore. Two smaller cheques were written in the same round: Sarya Global Holdings invested Rs 90 lakh, and Rasagna Pulapaka put in Rs 25 lakh.

According to the company’s regulatory filings, its board allotted 32,968 Series A compulsorily convertible preference shares (CCPS) at Rs 5,657 each to raise the capital. Entrackr, which first reported the filing, estimated that the round lifted Gramiyaa’s valuation to Rs 110 crore.

Where the money will go

Gramiyaa said the proceeds will be deployed towards growth capital and other general corporate requirements. In practice, that means funding the day-to-day expansion of a brand that must pay for inventory, packaging and distribution while it scales its presence across online marketplaces and quick-commerce platforms.

What Gramiyaa sells and how it reaches buyers

Gramiyaa makes cold-pressed oils in-house using traditional oil-making methods rather than large-scale refining. Its range covers groundnut, coconut, sesame and mustard oils, along with virgin coconut and olive oils. The brand sells through its own website and is listed on Amazon, Blinkit, Zepto, Instamart, BigBasket, DMart Ready and FirstClub.

Read more: Gurugram coffee startup Sorry Sugar raises $1 million in seed funding, another early-stage D2C food brand that is building both online reach and offline stores across India.

Financials and valuation

The numbers tell a familiar early-stage story of fast revenue growth alongside widening losses. In FY25, Gramiyaa’s revenue jumped 72.7 per cent year on year to Rs 19 crore, while its losses widened nearly 12.7 times to Rs 4 crore. The company is yet to file its FY26 accounts.

The Series A valued Gramiyaa at Rs 110 crore, up 49 per cent from Rs 74 crore in its previous round. That leaves one open question for the next raise: whether the company can turn fast-growing sales into cleaner unit economics.

Background and founders

Gramiyaa was founded in 2016 by Sibi Manivannan. He is joined by co-founders Mohamed Yaseen and Naveenrajaman RL, who each hold 13.02 per cent of the company, while Manivannan retains 26.04 per cent. Among outside investors, Homegrown Ventures remains the largest external shareholder with 17.34 per cent, followed by Campus Fund at 9.86 per cent and Optiscape at 8.28 per cent.

The company’s previous funding came in March 2025, when it raised Rs 7.2 crore in a pre-Series A round led by Homegrown Ventures, with participation from Campus Fund and Mumbai Angels.

What happens next

Cold-pressed oils have attracted venture money as quick-commerce platforms turned them into an easy impulse buy, letting brands reach customers without heavy spending on retail shelves. Gramiyaa now competes with a growing set of direct-to-consumer pantry labels, and the fresh capital is meant to help it defend shelf space both online and offline. Whether it can convert rising sales into steadier margins is the test that will shape its next funding round.