Overview
GreenGrahi is an innovative biotechnology company focused on sustainable agriculture solutions. Founded in 2021 by Shivali Sugand and Siddharth Sharma, the company is based in Delhi, India. GreenGrahi specializes in producing insect-based proteins and bio-products using Black Soldier Fly (BSF) technology for applications in animal and plant nutrition. As of April 2025, GreenGrahi has raised significant funding to establish a large-scale BSF bio-factory in India, positioning itself as a leader in the alternative protein sector.
Recent Developments
- April 2025: GreenGrahi secured $3.8 million in seed funding led by Avaana Capital, marking the largest investment in India's insect biotech sector to date. This funding will support the establishment of India’s largest BSF bio-factory, expected to process 150 tons of feedstock daily, and further expansion into international markets.
- The funding round also saw participation from Huddle Ventures, Campus Fund, Blume Founders Fund, and several angel investors.
- July 2023: The company closed its latest seed funding round raising $291K from investors including Campus Fund and Huddle Ventures.
- 2024 Achievements: GreenGrahi was recognized as one of the top promising startups by Forbes, showcasing its innovative approach in utilizing insects for sustainable agriculture.
- GreenGrahi’s products demonstrated commercial validity with yield improvements such as a 7% increase in shrimp growth and a 10% higher weight gain in poultry.
- Expansion Plans: GreenGrahi is focusing on scaling its biomanufacturing platform and entering markets in the US, UK, and EU, anticipating these international regions to account for a significant portion of business driven by demand for pet food innovations.
Company Information
Attribute | Information |
---|
Founding Date | 2021 |
Headquarters | Delhi, India |
Founders | Shivali Sugand, Siddharth Sharma |
Revenue | $75.9K as of March 31, 2024 |
Key Investors | Avaana Capital, Campus Fund, Huddle Ventures |
Industry | Biotechnology, Environmental Services |
Number of Employees | 15 |
Early History
GreenGrahi began as an idea to address the inefficiencies in organic waste management by employing insect biotechnology. The founders, Shivali Sugand, with a background in sustainability, and Siddharth Sharma, equipped with business acumen, started conducting comprehensive surveys in 2021 to explore the market potential for insect-based solutions. Their findings led to the establishment of GreenGrahi, focusing on the Black Soldier Fly (BSF) due to its high efficiency in converting organic waste into valuable proteins. By integrating their academic insights with industry knowledge gained from international collaborations, they laid a solid foundation for the startup.
Company Profile and Achievements
GreenGrahi operates on the frontiers of clean technology, utilizing BSF to convert food waste into high-quality proteins and oils. This insect biotechnology supports sustainable practices in agriculture by reducing dependence on traditional animal feeds and fertilizers. Some of GreenGrahi's notable achievements include:
- Transforming organic waste into biological products like biofertilizers, which contribute to enhanced soil health.
- Realizing commercial traction with partnerships and contracts secured for supplying aquaculture and pet nutrition sectors.
- Receiving the prestigious BIRAC BIG Grant to advance insect production technologies.
- Securing position as a competitive player in the rapidly growing insect protein market, with a projected industry growth to $856 million by 2029.
- GreenGrahi's innovative approach has enabled significant advances in the agritech and greentech sectors by promoting the circular economy and reducing greenhouse gas emissions associated with conventional farming methods.
Current Operations and Market Position
As of 2025, GreenGrahi is actively expanding its operational capabilities and market reach. Its current focus includes:
- Scaling up production capabilities to meet increasing domestic and international demand.
- Enhancing its research and development initiatives to innovate new products for diverse agricultural applications.
- Leveraging its insect-based platform to offer high-performance ingredients for improving animal feed efficiency and crop productivity.
- Gaining competitive advantages through sustainable production practices, potentially leading the market in insect-based agriculture solutions.
- Striving for broader market penetration in the Asia-Pacific region by capitalizing on ideal climatic conditions for BSF cultivation and growing consumer acceptance of insect-based products.
Conclusion
GreenGrahi stands as a forward-thinking organization strategically positioned in the biotechnology and agritech sectors. Its pioneering use of insects to create sustainable solutions addresses global challenges in food security and environmental conservation. With ongoing advancements in technology and strategic partnerships, GreenGrahi is poised for continued growth and significant impact in the alternative protein market. The company's trajectory promises to redefine sustainable agricultural practices and contribute to a greener, more resilient future.
References
- GreenGrahi Official Website
- Tech in Asia: Indian biotech startup GreenGrahi raises $3.8m seed funding
- Economic Times: Agri-biotech startup GreenGrahi raises Rs 32 crore
- Your Campus Fund: Why We Invested in GreenGrahi
- Inc42: Agri-Biotech Startup GreenGrahi Bags INR 32 Cr