About Growit
Growit is a company based in Surat (India) founded in 2020 by Akshay Agarwal and Saurabh Agarwal. Growit has raised $4.07 million across 6 funding rounds from investors including We Founder Circle, Gujarat Venture Finance and DRS Dilip Roadlines. The company has 55 employees as of April 07, 2024.
- Headquarter Surat, India
- Employees 55 as on 07 Apr, 2024
- Founders Akshay Agarwal, Saurabh Agarwal
-
Sectors
Agriculture
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Growit India Private Limited
- Date of Incorporation 08 Jun, 2020
- Jurisdiction Surat, Gujarat, India
-
Annual Revenue
$3.3 M (USD)35.79as on Mar 31, 2023
-
Net Profit
-$767.8 K (USD)-220.72as on Mar 31, 2023
-
EBITDA
-$714.32 K (USD)-385.38as on Mar 31, 2023
-
Total Equity Funding
$4.07 M (USD)
in 6 rounds
-
Latest Funding Round
$3 M (USD), Series A
May 28, 2025
-
Investors
We Founder Circle
& 94 more
-
Employee Count
55
as on Apr 07, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Growit
Unlock access to complete
Funding Insights of Growit
Growit has successfully raised a total of $4.07M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in May 2025. 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 Growit
Growit has secured backing from 95 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include We Founder Circle, Gujarat Venture Finance and DRS Dilip Roadlines.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage investment fund providing seed funding and mentorship to Indian startups.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked | |
|
Angel network facilitating startup investments and investor connections in technology and sustainability sectors.
|
Locked | Locked | Locked |
Investor details for Growit
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Growit
Investment portfolio details for Growit
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Growit
Detailed financials for Growit
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Growit Comparisons
Peer comparison for Growit
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Growit
Detailed competitors of Growit
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Growit
Complete news archive for Growit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Growit
Growit was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Growit is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Saurabh Agarwal is the current CEO of Growit. They have also founded this company.
Growit is a funded company, having raised a total of $4.07M across 6 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Growit is 55.
Annual revenue of Growit is $3.3M as on Mar 31, 2023.
Growit was founded in 2020 and is based in Surat, India. Operations focus on the agricultural sector, where support is extended to growers through consultations, resource provision, and tailored assistance for crop cultivation. Services are designed to address specific needs of farmers, facilitating improved agricultural practices in the region.
Growit has 95 investors. Key investors include We Founder Circle, Gujarat Venture Finance, DRS Dilip Roadlines, Hyderabad Angels, and IVY Growth Associates.