Skip to main content
The Entrepreneur Story logoThe Entrepreneur Story
BUSINESS·1 min read·May 14, 2026

Gramophone has raised $10 million in its Series B round

Agritech startup Gramophone has raised $10 million in its Series B round led by Z3Partners. Existing backers Info Edge, Asha Impact, Siana Capital along with new investors have also participated in the round. The startup had raised $3.4 million led by Siana Capital in December 2020. According to the

Cover image forthcoming
Cover image forthcoming · Plate 01 · Photographed for The Entrepreneur Story

Agritech startup Gramophone has raised $10 million in its Series B round led by Z3Partners. Existing backers Info Edge, Asha Impact, Siana Capital along with new investors have also participated in the round.

The startup had raised $3.4 million led by Siana Capital in December 2020.

According to the Indore-based startup, the assets will be used in geographic expansion, marketing, technology development and mergers and acquisitions.

Founded in 2016 by Nishant Mahatre and Tauseef Khan, Gramophone acts as an e-commerce marketplace for farmers and provides agronomy services and input and yield items in states like Madhya Pradesh, Chattisgarh, Maharashtra, and Rajasthan.

So far the year 2021 has been quite useful for agritech startups. Last week, FarMart, a SaaS-led food store network platform, had raised $10 in a funding round led by Matrix Partners India.

operatorsfounders2026
No. The desk answers

Reader questions.

About Gramophone has raised $10 million in its Series B round — five of the most-asked, in the desk's own words.

  1. 01What is this story about?
    Agritech startup Gramophone has raised $10 million in its Series B round led by Z3Partners. Existing backers Info Edge, Asha Impact, Siana Capital along with new investors have also participated in the round. The startup had raised $3.4 million led by Siana Capital in December 2020. According to the
  2. 02Who wrote it?
    Sheena · Staff. 1 min read · May 14, 2026.
  3. 03Is this sponsored?
    If a piece is, the disclosure sits above the cover image and again in our public transparency report. This one carries no commercial disclosure.
  4. 04How do I get the rest?
    Subscribe to The Briefing for a Wednesday letter from the desk, or browse by category from the top navigation.

Continue reading

Street view of the Galata Tower in Istanbul, Turkey against a clear blue sky.
Capital

Mistral AI Eyes €20B Valuation in Landmark European Funding Talks

Stack of tax forms and coins with a 'TAX' stamp, symbolizing finance and accounting.
Startup News

Anthropic's Fable 5 & Mythos 5 Suspended by US Directive

Blurred abstract image of a microchip with heatmap colors highlighting technological innovation.
Capital

Etched.ai Raises $120M to Challenge Nvidia's AI Chip Dominance *The $1.55 Billion Bet*

Gramophone has raised $10 million in its Series B round — The Entrepreneur Story