About Groyyo
Groyyo is a company based in Gurugram (India) founded in 2021 by Pratik Tiwari and Subin Mitra. Groyyo has raised $42.5 million across 6 funding rounds from investors including BlackSoil, Lighthouse Canton and Capsave Finance. The company has 142 employees as of January 21, 2025. Groyyo has completed 1 acquisition, including Oussum. Groyyo operates in a competitive market with competitors including AspenTech, Plex Systems, REEF, Dematic and Unmade, among others.
- Headquarter Gurugram, India
- Employees 142 as on 21 Jan, 2025
- Founders Pratik Tiwari, Subin Mitra
- Stage Minicorn
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Sectors
TechnologyRetail Industrial Goods & Manufacturing
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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 Groyyo Private Limited
- Date of Incorporation 06 Jul, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$61.3 M (USD)0as on Mar 31, 2023
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Net Profit
-$8.19 M (USD)0as on Mar 31, 2023
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EBITDA
-$9.15 M (USD)0as on Mar 31, 2023
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Total Equity Funding
$42.5 M (USD)
in 6 rounds
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Latest Funding Round
$9.4 M (USD), Series B
Jul 16, 2026
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Investors
BlackSoil
& 21 more
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Employee Count
142
as on Jan 21, 2025
- Investments & Acquisitions
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People of Groyyo
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Funding Insights of Groyyo
Groyyo has successfully raised a total of $42.5M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $9.4 million completed in July 2026. 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 Groyyo
Groyyo has secured backing from 22 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BlackSoil, Lighthouse Canton and Capsave Finance.
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Private debt and equity funds are managed for technology sectors.
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Venture and private equity investments are managed with global diversification.
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Venture capital firm focused on growth-stage companies
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Investor details for Groyyo
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Investments & Acquisitions by Groyyo
Groyyo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Oussum.
Investment portfolio details for Groyyo
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Women's fashion, accessories, jewelry, and home decor are retailed.
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Complete acquisition details for Groyyo
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Financial Statements - Groyyo
Detailed financials for Groyyo
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Groyyo Comparisons
Peer comparison for Groyyo
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Competitors of Groyyo
Groyyo 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 AspenTech, Plex Systems, REEF, Dematic and Unmade, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-based software for manufacturing process optimization is offered.
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Cloud-based manufacturing execution software solutions are provided by Plex Systems.
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REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
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Cloud-based warehouse management and automation systems are provided.
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Provider of operating platform to connect fashion and sportswear brands
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Provider of software solutions enabling informal distribution for retail businesses
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Detailed competitors of Groyyo
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Latest news on Groyyo
Complete news archive for Groyyo
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Frequently Asked Questions about Groyyo
Groyyo was founded in 2021.
Groyyo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Subin Mitra is the current CEO of Groyyo. They have also founded this company.
Groyyo is a funded company, having raised a total of $42.5M across 6 funding rounds to date.
As of Jan 21, 2025, the latest employee count at Groyyo is 142.
Annual revenue of Groyyo is $61.3M as on Mar 31, 2023.
Groyyo was founded in 2021 in Gurugram, India, as a provider of an AI-powered manufacturing automation platform targeted at MSME garment factories. Production workflows are digitized through the platform, with real-time monitoring and quality control automation implemented. Remote oversight tools, predictive maintenance, and process optimization features are included. Export readiness is supported via market insights, compliance assistance, supply-chain streamlining, and buyer connections.
Groyyo's top competitors include AspenTech, Plex Systems and Pimberly.
Groyyo has made 1 acquisition, including Oussum.
Groyyo has 22 investors. Key investors include BlackSoil, Lighthouse Canton, Capsave Finance, Trifecta Capital, and Tiger Global.
The valuation of Groyyo is $233.69M as of Oct 2023.