About Gro Club
Gro Club is a company based in Bengaluru (India) founded in 2021 by Hrishikesh Halekote Shivanna and Pruthvi Gowda. Gro Club has raised $523.63 thousand across 1 funding round from investors including Deepak K Gowda, Purushotham R and Chirag Shah. The company has 1 employees as of April 07, 2024. Gro Club offers products and services including Bicycles, Accessories, Car Seats, Carry Cots, and Strollers. Gro Club operates in a competitive market with competitors including Ultraviolette, Zero Motorcycles, Hero MotoCorp, Harley Davidson and KTM, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 07 Apr, 2024
- Founders Hrishikesh Halekote Shivanna, Pruthvi Gowda
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Gro Digital Initiatives Private Limited
- Date of Incorporation 03 Sep, 2020
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$64.42 K (USD)2874.74as on Mar 31, 2023
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Net Profit
-$212.37 K (USD)-1451.43as on Mar 31, 2023
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EBITDA
-$169.16 K (USD)-995.91as on Mar 31, 2023
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Total Equity Funding
$523.63 K (USD)
in 1 rounds
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Latest Funding Round
$523.63 K (USD), Seed
Jun 15, 2023
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Investors
Ramaiah-Evolute
& 9 more
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Employee Count
1
as on Apr 07, 2024
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Products & Services of Gro Club
Gro Club offers a comprehensive portfolio of products and services, including Bicycles, Accessories, Car Seats, Carry Cots, and Strollers.
Upgradeable bikes for kids, teens, and adults with growth-focused design
Items like lights and mudguards for enhanced bicycle safety
Seats for transporting children securely during travel
Portable cots for carrying and resting infants
Wheel-based devices for easy child transportation outdoors
Funding Insights of Gro Club
Gro Club has successfully raised a total of $523.63K through 1 strategic funding round. The most recent funding activity was a Seed round of $523.63 thousand completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Gro Club
Gro Club has secured backing from 10 investors, including angel and institutional investors. Prominent investors backing the company include Deepak K Gowda, Purushotham R and Chirag Shah.
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Deepak K Gowda |
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Purushotham R |
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Investor details for Gro Club
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Investments & Acquisitions by Gro Club
Investment portfolio details for Gro Club
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- Transaction dates
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Financial Statements - Gro Club
Detailed financials for Gro Club
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Gro Club Comparisons
Peer comparison for Gro Club
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- Named peers
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Competitors of Gro Club
Gro Club operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ultraviolette, Zero Motorcycles, Hero MotoCorp, Harley Davidson and KTM, among others.
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High-performance electric motorcycles for street and sports use are engineered.
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Manufacturer of electric motorbikes
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Motorcycles, scooters, and electric vehicles are manufactured and distributed.
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Motorcycles are manufactured, along with parts, apparel, and financial services.
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Motorcycles are designed, manufactured, and distributed by KTM.
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Electric motorcycles with advanced safety features are manufactured by Damon.
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Detailed competitors of Gro Club
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Latest news on Gro Club
Complete news archive for Gro Club
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Frequently Asked Questions about Gro Club
Gro Club was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Gro Club is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Gro Club is a funded company, having raised a total of $523.63K across 1 funding round to date.
As of Apr 07, 2024, the latest employee count at Gro Club is 1.
Annual revenue of Gro Club is $64.42K as on Mar 31, 2023.
Gro Club was established in 2021 in Bengaluru, India, by co-founders Hrishikesh Halekote Shivanna and Pruthvi Gowda. Operations are centered on distributing bicycles tailored for children and adults within the cycling industry. Sourcing and supply chains are managed from the base in India, with focus on retail and direct customer channels. The domain gro.club is utilized for online presence, supporting distribution logistics across the region.
Gro Club's top competitors include Ultraviolette, Harley Davidson and Zero Motorcycles.
Gro Club offers Bicycles, Accessories, Car Seats, Carry Cots, and Strollers.
Gro Club has 10 investors. Key investors include Deepak K Gowda, Purushotham R, Chirag Shah, Isaac Reyes, and Amit Nanavati.