Gramik Bags $17 Cr To Expand Its Agritech Play

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SUMMARY

The bridge funding round was raised in a mix of optionally convertible debentures (OCDs) and compulsorily convertible debentures (CCDs)

Excluding the new funding, the company has raised INR 20 Cr since its inception

Further, Gramik is set to raise INR 56 Cr in Series A funding round, which is expected to happen in the next four to five months

Agritech platform Gramik has raised INR 17 Cr (around $2 Mn) in a mix of optionally convertible debentures (OCDs) and…



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Gramik Bags $17 Cr To Expand Its Agritech Play


SUMMARY

The bridge funding round was raised in a mix of optionally convertible debentures (OCDs) and compulsorily convertible debentures (CCDs)

Excluding the new funding, the company has raised INR 20 Cr since its inception

Further, Gramik is set to raise INR 56 Cr in Series A funding round, which is expected to happen in the next four to five months

Agritech platform Gramik has raised INR 17 Cr (around $2 Mn) in a mix of optionally convertible debentures (OCDs) and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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