Funding · Commerce & Consumer Brands
Gyros Organic Farms raises angel funding
By Startup Enthusiast ·
- Date
- Company
- Gyros Organic Farms
- What it does
- Organic oils, ghee and spices
- Kind
- Funding
- Amount
- Undisclosed
- Stage
- seed
- Founded
- 2020
What they do
Gyros Organic Farms sells fresh, unadulterated oils, ghee and spices directly to consumers
What happened
The bootstrapped startup recently raised funding from angel investors
Why it matters
It plans to use the funds to expand operations, set up new units and train farmers
The details
- Gyros Organic Farms is a D2C (direct-to-consumer) brand that sells oils, ghee and spices.
- The company promises 100% fresh, unadulterated products delivered within 14 days of manufacturing.
- It was founded during the COVID-19 pandemic, inspired by the link between nutrition and health.
- The startup was bootstrapped initially and recently raised funding from angel investors.
- The funds will be used to expand operations, set up new units and train farmers.
- The company is looking for investors aligned with its long-term sustainability vision.
- Its next phase includes setting up regional warehouses and collection centers.
- Over 3-5 years, it aims to replace conventional kitchen products with clean alternatives.
The bigger picture
- The startup addresses the problem of adulterated food in India.
- It operates a decentralized supply chain with six micro-units across India.
- Farmers become micro-entrepreneurs by participating in processing and value addition.
- The company faces the challenge of pricing in a price-sensitive market.
About the business
- Gyros Organic Farms sells oils, ghee and spices through a D2C model.
- It promises 100% fresh, unadulterated products delivered within 14 days of manufacturing.
- The company's mission is to create a direct connection between farmers and consumers.
- It operates a decentralized supply chain with six micro-units across India.
- Farmers become micro-entrepreneurs through direct participation in processing and value addition.
- The startup has a customer retention rate of nearly 70%.
What happens next
- Expand operations and set up new units.
- Train farmers in processing and value addition.
- Set up regional warehouses and collection centers.
- Replace conventional kitchen products with clean alternatives over 3-5 years.
The deal
- Type
- funding
Founders
- Yogesh Tyagi, founder
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