Summary Points:
- Agri-biotech startup GreenGrahi raised Rs 32 Cr (~$3.7 Mn) in a seed round led by Avaana Capital.
- The startup aims to build India’s largest Black Soldier Fly (BSF) bio-factory.
- Funds will also go toward team expansion and international market entry (US, UK, EU).
- GreenGrahi produces insect proteins and agri-inputs like biofertilisers and biopesticides.
- Agritech in India continues to draw major investor interest, crossing $2.4 Bn since 2014.
Agri-biotech startup GreenGrahi has secured Rs 32 Cr (approx. $3.7 Mn) in seed funding to scale its insect-based biotechnology platform. The round was led by Avaana Capital, with participation from Huddle Ventures, Campus Fund, Blume Founders Fund, and a group of prominent angel investors, including Nitin Sharma (Nexus Ventures) and Anchit Gupta (Samara Capital).
From Bugs to Biotech: GreenGrahi’s Vision
Founded in 2021 by Shivali Sugand and Siddharth Sharma, GreenGrahi is leveraging the Black Soldier Fly (BSF) and microbiome science to transform agricultural and food system inputs.
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The startup offers:
- Insect-derived proteins, oils, and hydrolysates for aquaculture, poultry, and pet feed
- Biological agri-inputs like biofertilisers, biostimulants, and biopesticides to improve soil health and reduce chemical dependence
What’s Next? Scaling with Science
The fresh capital will be used to:
- Construct India’s largest BSF bio-factory, designed to process 150 tonnes of feedstock daily
- Strengthen its scientific team to enhance research and production efficiency
- Expand globally across markets in the United States, United Kingdom, and European Union
GreenGrahi is betting big on scaling its biotechnology as a sustainable alternative to conventional agri and animal inputs.
Why It Matters
Insect biotech is gaining ground for its low environmental footprint and circular economy benefits. BSF larvae can consume organic waste and convert it into nutrient-rich biomass—making it ideal for both livestock nutrition and organic farming.
This funding also aligns with the broader investor focus on climate-resilient agritech, a sector that has already seen over Rs 20,000 Cr (USD 2.4 Bn) in investments since 2014.
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Agritech’s Investment Momentum Continues
GreenGrahi joins a growing list of Indian agritech startups making headlines. Recent highlights include:
- Fambo raising Rs 21 Cr to scale operations and set up an export vertical
- Fasal’s food distribution unit being acquired by Swiss-Indian firm Innoterra
- Rapid growth of tech-first agri-startups like Eeki Foods, CropIn, and BharatAgri
India’s agritech ecosystem is clearly evolving—from supply chain innovation to biotech platforms like GreenGrahi that are redefining what’s possible in sustainable farming
