Gramophone – a full-stack agri-tech platform – announced that it has raised a $10 million round led by Z3Partners, an early growth investor.
Existing investor, Info Edge, has doubled down in this round along with participation from other existing investors, Asha Impact, and Siana Capital. Other new investors in the round include Amit Sharma from erstwhile Sunrise Group, Sumeet Kanwar from Verity, and Chona Family Office (Havmor Group). These family offices bring vast experience in building agri and food businesses.
According to the press statement, Gramophone will use the proceeds towards geographic expansion, marketing, technology development and M&A.
