India, July 14 -- HT Syndication

Lucknow (Uttar Pradesh) [India], July 14: Gramik, a fast-growing agritech startup transforming rural commerce through its innovative Peer Commerce model, has raised Rs.17 crore in a bridge funding round through a mix of Optionally Convertible Debentures (OCDs) and Compulsorily Convertible Debentures (CCDs). This round comes ahead of its Rs.56 crore Series A raise, reflecting strong investor confidence in Gramik's mission to uplift India's 120 million small and marginal farmers.

The current round saw participation from a diverse and influential group of investors including: Samman Global Ventures, Money Creeper Investment, Mr. Balram Yadav, MD & CEO of Godrej Agrovet and a respected veteran of the agri in...