Groyyo

Gurugram, India Founded: 2021 • Age: 5 yrs Minicorn
AI-powered automation platform for MSME garment factories is provided.

About Groyyo

Groyyo is a Technology company based in Gurugram (India) founded in 2021 by Pratik Tiwari and Subin Mitra. AI-powered automation platform for MSME garment factories is provided. It operates in the Technology, Retail, and Industrial Goods & Manufacturing sectors. Groyyo has raised $42.5 million across 6 funding rounds from investors including BlackSoil, Lighthouse Canton and Capsave Finance. The company has 142 employees. Groyyo has completed 1 acquisition, including Oussum. Groyyo was last valued at $233.69 million in October 2023. Its chief executive, as recorded, is Subin Mitra. Its Indian entity Groyyo Private Limited reported revenue of β‚Ή446 Cr. Its focus areas include Enterprise Applications, Manufacturing Tech, Manufacturing Execution System and Suite.

Company details

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.

  • Headquarters Gurugram, India
  • Employees 142
  • Founders Pratik Tiwari, Subin Mitra
  • Stage Minicorn
  • Sectors
    Technology
    Retail Industrial Goods & Manufacturing
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website groyyo.com
  • Social LinkedIn X Facebook
  • Legal Name Groyyo Private Limited
  • Date of Incorporation 06 Jul, 2021
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹446 Cr

    FY 2024 · -13% YoY

  • Net Loss
    -₹73.85 Cr

    FY 2024 · -17% margin

  • EBITDA
    -₹58.81 Cr

    FY 2024 · -13% margin

  • Total Equity Funding
    $42.5M (USD)

    in 6 rounds

  • Latest Funding Round
    $9.4M (USD), Series B

    Jul 2026

  • Investors
    BlackSoil

    & 21 more

  • Employee Count
    142
  • Investments & Acquisitions

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.

  • Total Funding $42.5M
  • Total Rounds 6
  • Last Round Series B β€” $9.4M
  • First Round $4.6M

    (Nov 2021)

  • Investors Count 22

All 6 funding rounds of Groyyo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2026$9.4MSeries B–Cornerstone Ventures
–
Jan 2024$5.4MDebt – Conventional––
Oct 2023$504,617Series A$233.69M–
Jun 2022$12MDebt – Conventional––
Jun 2022$28MSeries A$155.05MInternet Fund VII, Tiger Global Management
Nov 2021$4.6MSeed$β€’β€’β€’β€’β€’Alpha Wave Global
Valuation history
DateValuationStage
Oct 2023$233.69Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2022$155.05Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $233.69M (Oct 2023). 22 investors in total: 13 institutional and 9 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private debt and equity funds are managed for technology sectors.
trifectacapital.inGurugram, India
Venture and private equity investments are managed with global diversification.
tigerglobal.comNew York, United States
Venture capital firm focused on growth-stage companies
alphawaveglobal.comNew York, United States
Venture debt is provided to growth-stage companies for business scaling.
strideventures.globalDelhi, India
Private fund focused on venture capital and secondary market investments
Investments are directed by the firm towards multiple sectors.
Ahmedabad, India
Venture capital fund investing in SaaS, B2B, and fintech sectors
sparrowvc.comBengaluru, India
cornerstoneventures.vc
Wealth and asset management services are provided to clients.
2014lighthouse-canton.comSingapore, Singapore
Provider of investment consulting services
sparrowcapital.comSaint Louis, United States
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Board of directors of Groyyo Private Limited (Groyyo)

Groyyo Private Limited is the primary company behind Groyyo. The board of Groyyo Private Limited currently have 2 directors; the longest-serving is Subin Kumar Mitra, appointed in 2021. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Subin Kumar Mitra
DIN 09229105
Managing Director06 Jul 20215 yrs 4 moGroyyo Private Limited
Pratik Tiwari
DIN 08500982
Director06 Jul 20215 yrs 4 moGroyyo Private Limited

People of Groyyo

19 people are tracked at Groyyo (11 in leadership, 8 in team); the tracked headcount is 142.

NameRoleGroup
Co-Founder & COOLeadership
Co-Founder & CEOLeadership
Anjana Odedra
Managing DirectorLeadership
Nitin Jain
Managing DirectorLeadership
Shaikh Zaid
Director Of TechnologyLeadership
Sandeep C R
Director - Business ExpansionLeadership
Pratik T.
Co-Founder & COO @ GroyyoLeadership
Abhishek Yugal
Managing Partner, Groyyo ConsultingLeadership
Joseph Sylvester Barlow
Head Of Quality AssuranceLeadership
Gobindo Kumar Ghose
Finance & Commercial HeadLeadership
Saim Akhtar
Founder's OfficeLeadership
Jasvinder Singh Virdi
ProductionTeam
Kartik Gupta
Financial ControllerTeam
Anvesh Kumar
ConsultantTeam
Imtiaz Mullick
Regional Consulting ManagerTeam
Shubham Pandia
Business AnalystTeam
Ajmain M Shabab Hossain
Legal AdvisorTeam
Rashedul Islam Rony
ConsultantTeam
Nitesh Kumar Sahoo
Senior ConsultantTeam
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Financials of Groyyo

Figures of Groyyo Private Limited, the primary company behind Groyyo, for FY 2024. Revenue was ₹446 Cr (-13% year on year). Net loss was -₹73.85 Cr (-17% margin). EBITDA was -₹58.81 Cr (-13% margin).

  • ₹446 CrRevenue · FY 2024 · -13% YoY
  • -₹73.85 CrNet loss · -17% margin
  • -₹58.81 CrEBITDA · -13% margin
  • ₹9.7 LakhPaid-up capital
  • 181Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Groyyo Private Limited are on its company page.

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Investments & Acquisitions by Groyyo

Groyyo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Oussum.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Women's fashion, accessories, jewelry, and home decor are retailed.
oussum.comNew York, United States2014Mar 2025β€’β€’β€’β€’
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Timeline of Groyyo

5 dated milestones of Groyyo across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Groyyo is founded.
  2. Funding First funding round of $4.6M.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Oussum.
  5. Funding Latest funding round, Series B, of $9.4M.

Web traffic of Groyyo

The website of Groyyo (groyyo.com) receives about 2.4K visits a month.

  • Monthly visits
    2.4K

    ▲ 2.2% vs previous month

Similar websites

Websites whose visitors overlap most with Groyyo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
religareonline.com
100%
587.4K#63,847View details

Top companies in Brand & Marketing Technology

3 companies that operate in the same segment as Groyyo (Brand & Marketing Technology) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
Crafts global health and wellness brands for digital platforms.
2021Bengaluru, Karnataka, IndiaUSD 206.9 MUSD 71.62 M427
Retail intelligence platform is developed for brands and B2B retailers.
2008Bengaluru, Karnataka, IndiaUSD 21.11 MUSD 7.69 M345
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Related news about 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 CEO of Groyyo, as recorded in our data. They have also founded this company.

Groyyo is a funded company, having raised a total of $42.5M across 6 funding rounds to date. The company's 1st funding round was a Seed of $4.6M, raised on Nov 2021.

Groyyo has 142 employees.

The primary company behind Groyyo, Groyyo Private Limited, reported revenue of β‚Ή446 Cr for FY 2024, down 13% year on year.

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 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.

Groyyo operates through Groyyo Private Limited.

The legal entities of Groyyo currently have 2 directors, including Subin Kumar Mitra, Pratik Tiwari.

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