Growcoms

Kochi, India Founded: 2020 • Age: 6 yrs
Online B2B marketplace offering a range of spices
Annual revenue $1.7M Latest available
Total funding $4.6M 5 rounds
Employees 40 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Growcoms

Growcoms is a company based in Kochi (India) founded in 2020 by Bibin Mathews and Narendranath P. Growcoms has raised $4.6 million across 5 funding rounds from investors including Info Edge, Indigram Labs and JSW Ventures. The company has 40 employees as of April 07, 2024. Growcoms operates in a competitive market with competitors including HyperPure, Jumbotail, Apnaklub, SarvM.AI and ONWO, among others.

  • Headquarter Kochi, India
  • Employees 40 as on 07 Apr, 2024
  • Founders Bibin Mathews, Narendranath P
  • Stage Minicorn
  • Sectors
    Retail
    Agriculture
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Growcoms Private Limited
  • Date of Incorporation 15 Dec, 2020
  • Jurisdiction Cochin, Kerala, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.66 M (USD)
    1119.01
    as on Mar 31, 2023
  • Net Profit
    -$257.77 K (USD)
    -20555.76
    as on Mar 31, 2023
  • EBITDA
    -$379.22 K (USD)
    -17002.04
    as on Mar 31, 2023
  • Total Equity Funding
    $4.6 M (USD)

    in 5 rounds

  • Latest Funding Round
    $12.93 K (USD), Angel Round

    Jun 01, 2023

  • Investors
    Info Edge

    & 6 more

  • Employee Count
    40

    as on Apr 07, 2024

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Funding Insights of Growcoms

Growcoms has successfully raised a total of $4.6M across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $12.93 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 Growcoms

Growcoms has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Info Edge, Indigram Labs and JSW Ventures.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
JSW Ventures is engaged in venture capital funding for startups.
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Investment in B2B tech startups at pre-seed and seed stages across various sectors.
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Venture capital firm backed by Info Edge and Temasek
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Investor details for Growcoms

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Investments & Acquisitions by Growcoms

Investments
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Investment portfolio details for Growcoms

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Financial Statements - Growcoms

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Detailed financials for Growcoms

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Growcoms Comparisons

Growcoms Primary company
Description
Online B2B marketplace offering a range of spices
Location
Kochi, India
Founded Year
2020
Annual Revenue
$1.66 M (USD)
Net Profit
-$257.77 K (USD)
EBITDA
-$379.22 K (USD)
Employees
40
As of 2024
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Peer comparison for Growcoms

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Competitors of Growcoms

Growcoms 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 HyperPure, Jumbotail, Apnaklub, SarvM.AI and ONWO, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Food industry ingredients are supplied via a B2B platform.
Locked Locked Locked
B2B marketplace platform connecting retailers with brands and staples producers
Locked Locked Locked
Local wholesale businesses are facilitated via an e-distribution platform.
Locked Locked Locked
Supply chain digitalization and organization are enabled by AI-powered platform.
Locked Locked Locked
Customized sweetener solutions and sourcing services are provided for businesses.
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Detailed competitors of Growcoms

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Latest news on Growcoms

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Frequently Asked Questions about Growcoms

Growcoms was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Growcoms is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.

Growcoms is a funded company, having raised a total of $4.6M across 5 funding rounds to date.

As of Apr 07, 2024, the latest employee count at Growcoms is 40.

Annual revenue of Growcoms is $1.66M as on Mar 31, 2023.

Online B2B marketplace offering a range of spices. The catalog includes black cardamom, brown mustards, coriander. black pepper, chilli products, and more. The platform also offers oils and oleoresins. It allows users to track the orders.

Growcoms's top competitors include HyperPure, Jumbotail and Apnaklub.

Growcoms has 7 investors. Key investors include Info Edge, Indigram Labs, JSW Ventures, Arali Ventures, and Info Edge Ventures.

The valuation of Growcoms is $12.33M as of Jun 2023.

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