Company Intelligence Profile
Foodsolve Private Limited
Foodsolve Private Limited is the Bengaluru-based legal entity behind Gramiyaa, a Shark-Tank-featured D2C brand selling wood cold-pressed cooking oils.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Foodsolve Private Limited |
|---|---|
| CIN | U15490KA2022PTC163163 |
| PAN | AAFCF1228H (derived consistently from two independently-fetched GSTINs — 33AAFCF1228H1Z1 and 27AAFCF1228H1ZU — sharing the same PAN segment; not separately disclosed as a standalone PAN card on any source) |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 29 June 2022 |
| ROC | RoC-Bangalore (Karnataka) |
| Sector (NIC) | Manufacturing of Other Food Products N.E.C. (NIC 154, embedded in CIN "U15490"); Falconebiz additionally tags it Trade/Retail Distribution (Food & Beverage Retail & Distribution) — likely reflecting its D2C + marketplace sales channel alongside in-house manufacturing |
| Registered address | 136, 1st Cross Road, 5th Block, Koramangala, Bangalore, Karnataka, India – 560095 |
| Authorized capital | Rs 53,95,500 (₹53.96 lakh) — agreed by Tofler, Falconebiz and IndiaKanoon-sourced snippet. One outlier search snippet (Zauba-derived) showed Rs 38,05,000, likely a stale/earlier MCA filing figure before a capital increase; treat the ₹53.96 lakh figure (3 concurring sources) as current. |
| Paid-up capital | Rs 39,74,200 (₹39.74 lakh) — agreed by Tofler, Falconebiz and IndiaKanoon-sourced snippet (one stale outlier snippet showed Rs 1,00,000, likely a pre-raise figure). |
Business Overview
Confirmed- Foodsolve Private Limited is the legal/manufacturing entity behind the D2C food brand "Gramiyaa" (gramiyaa.com), a Bengaluru-based maker of wood cold-pressed cooking oils (groundnut, sesame, mustard, coconut, virgin coconut, olive) sold via its own D2C site and marketplaces/retail (Amazon, BigBasket, DMart, Blinkit, Zepto)
- Positioned around "clean, traceable, fresh" oils and three-generation oil-pressing heritage
- certifications cited include Non-GMO, ISO, GMP, HACCP
- The brand featured on Shark Tank India and cites 1,000+ five-star reviews
- Founded 2022 (per MCA) by Mohamed Iqbal Mohamed Yaseen and Sibi Manivannan (Crunchbase/Inc42 place brand origin narrative to ~2016, likely predating formal incorporation as Foodsolve Pvt Ltd)
- Source: gramiyaa.com, Inc42 feature "How Gramiyaa Is Bringing Cold-Pressed Edible Oils Back In Vogue With Its D2C Playbook", Tracxn
Directors
Partial / conflictingThree directors, all appointed 29 June 2022 (at incorporation), per Tofler (DINs) and corroborated by name across Falconebiz/IndiaKanoon/TheCompanyCheck:
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Mohamed Iqbal Mohamed Yaseen | 07656011 | - | - |
| Sibi Manivannan | 08105412 | common-directorship note, not necessarily a financial group relationship) | - |
| Lingathirumaran Naveenrajamaran | 08706927 | - | - |
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 33AAFCF1228H1Z1 | Tamil Nadu | AAFCF1228H (derived consistently from two independently-fetched GSTINs — 33AAFCF1228H1Z1 and 27AAFCF1228H1ZU — sharing the same PAN segment; not separately disclosed as a standalone PAN card on any source) | Active |
| 27AAFCF1228H1ZU | Maharashtra | AAFCF1228H (derived consistently from two independently-fetched GSTINs — 33AAFCF1228H1Z1 and 27AAFCF1228H1ZU — sharing the same PAN segment; not separately disclosed as a standalone PAN card on any source) | Active |
| 29AAFCF1228H1ZQ | Karnataka | AAFCF1228H (derived consistently from two independently-fetched GSTINs — 33AAFCF1228H1Z1 and 27AAFCF1228H1ZU — sharing the same PAN segment; not separately disclosed as a standalone PAN card on any source) | - |
Multiple state GST registrations found under PAN AAFCF1228H (multi-state D2C/retail operation): - 33AAFCF1228H1Z1 — Tamil Nadu, registered 06 Oct 2022, Active/Regular, principal place: 62 Noble Tower, Mount Road, Guindy, Chennai 600032 (confirmed via direct piceapp.com fetch) - 27AAFCF1228H1ZU — Maharashtra, registered 30 Nov 2022, Active/Regular, principal place: Parel, Mumbai 400012, with additional business locations in Thane and Wadala East (confirmed via direct piceapp.com fetch) - 29AAFCF1228H1ZQ — Karnataka (home state, matches registered office), surfaced only via a WebSearch synthesis, not independently fetched from a GSTIN detail page — partial/unconfirmed Home state: Karnataka (per MCA registered office). Number of registrations: at least 3 (TN, MHA, KA) identified; there may be more (company sells pan-India via marketplaces/retail so additional state registrations are plausible but not found). Status on all identified GSTINs: Active.
Financials
Partial / conflictingSources conflict / only partially disclosed:
- TheCompanyCheck/Falconebiz cite FY2025 revenue of ₹19.35 Cr (76% YoY growth), but the same Falconebiz page lists "Balance Sheet Date: 31 March 2024" — an internal inconsistency, so treat the ₹19.35 Cr figure as indicative/estimated rather than confirmed-audited.
- A separate WebSearch-derived figure (Tracxn) cites FY23 (year ending 31 Mar 2023) revenue of ₹1.5 Cr — consistent in direction (high early-stage growth) with the later ₹19.35 Cr figure but not directly reconcilable without FY24 data point.
- EBITDA, PAT, net worth: locked/paywalled on Falconebiz/TheCompanyCheck — "not obtained."
- Borrowings/charges (see charges field) imply the company carries ~₹5 Cr of secured bank debt as of FY24.
- Standalone vs consolidated: not applicable/not stated — appears to be a single standalone entity, no subsidiaries found.
No audited MCA financial statement (AOC-4/MGT-7 PDF) was located directly; figures above are aggregator-reported.
Funding
ConfirmedTwo funding events reported by Tracxn (funding-round-names only, per source policy) and corroborated for the larger round by an independent article:
| Pre-Series A, ~March 2025 | ₹7.2 Cr, led by Homegrown Ventures, with Campus Fund and Mumbai Angels participating — corroborated independently by enablersinvestment.com ("Gramiyaa has raised INR 7.2 Cr in a Pre-Series A funding round led by Homegrown Ventures") in addition to Tracxn, so confirmed (2 sources) |
|---|---|
| Earlier round, ~May 2024 | reported by Tracxn as ~USD 1.1 Mn with the same investor set (Homegrown Ventures, Campus Fund, Mumbai Angels) — single-sourced, treat as partial; may be a seed/angel round preceding the Pre-Series A |
Total funding to date per Crunchbase-derived search snippet: ~US$1.97M across 3 rounds from 3 investors (Homegrown Ventures/Homegrown CPG, Campus Fund, Mumbai Angels; State Bank of India listed as a lender, not equity investor). DPIIT-recognised startup (per Falconebiz).
Charges / Loans
Partial / conflictingPer Falconebiz (single source, but specific and dated):
- Open charges total ~₹5.06 Cr
- State Bank of India — ₹4.90 Cr, charge registered 26 Apr 2024
- Other lender — ₹16 lakh, charge registered 26 Dec 2023
- Satisfied charges: ₹0 (none satisfied/released as of last update)
Per the data-source-map convention, "no satisfied charges" means none released to date, not that no charges exist.
Competitors
ConfirmedD2C cold-pressed oil / natural foods peers (via Tracxn's "Gramiyaa competitors" listing and category search):
- Anveshan (Bengaluru; Series B; cold-pressed oils, ghee, honey, millets — larger/better-funded peer)
- Two Brothers Organic Farms (A2 ghee, cold-pressed oils, natural foods)
- Indic Wisdom, Chekko Oils, Olixir — smaller direct cold-pressed-oil D2C peers (per Tracxn)
- Natureland Organics, Organic India — adjacent natural/organic foods peers
- Broader/indirect competition from large FMCG edible-oil players: Tata Simply Better, Dabur (per Inc42/Tracxn framing of the ~$5.7 Bn Indian edible-oil-disruption opportunity)
Rough scale tag: Gramiyaa/Foodsolve is an early/seed-to-pre-Series A stage D2C brand (~₹1.5-19 Cr revenue range across FY23-FY25, ~32-42 employees); Anveshan is materially larger/better-capitalized (Series B); the FMCG names operate at a vastly larger scale and are indirect/aspirational competitors, not direct D2C peers.
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