GroMo - About the company
GroMo is a series A company based in Gurugram (India), founded in 2019 by Ankit Khandelwal and Darpan Khurana. It operates as a Platform providing opportunities to sell financial products and earn income. GroMo has raised $12.2M in funding from investors like Y Combinator, Sequoia Capital and SIG Venture Capital, with a current valuation of $*****. The company has 11 active competitors, including 4 that are funded. Its top competitors include companies like Mvalu, PaisaGrowth and Loannetwork.
Company Details
Platform providing opportunities to sell financial products and earn income. It offers training programs designed to educate individuals on effectively selling financial products. The platform enables individuals to engage customers and facilitate the activation of financial products. It also provides tools for managing customer interactions and tracking earnings.
- Website
- gromo.in
- Social
- Email ID
- *****@gromo.in
- Phone Number
- +91 **********
- Registered Address
- F.No.4, Sector D, Pocket 6, Saraswati Block S-10, Vasant kunj Near, South West Delhi, DELHI, Delhi, India, 110070
Key Metrics
Founded Year
2019
Location
Gurugram, India
Stage
Series A
Total Funding
$12.2M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 12, 2019
Investors
Ranked
1st among 11 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
111 as on Aug 31, 2025
Legal entities associated with GroMo
GroMo is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GROMO, INC. CIN: 4442375 , United States, Active | Dec 14, 2020 | - | - | - |
Vitrak Technologies Private Limited CIN: U66120DL2021PTC375695 , India, Active | Jan 14, 2021 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 52 (As on Aug 01, 2025) | |
VITRAK INSURANCE BROKERS PRIVATE LIMITED CIN: U66000DL2021PTC377736 , India, Active | Mar 02, 2021 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 26 (As on Mar 31, 2026) | |
VITRAK FINTECH PRIVATE LIMITED CIN: U66000DL2019PTC345038 , India, Strike off | Jan 25, 2019 | 0 - ₹10 Cr (As on Mar 31, 2023) | 1 (As on Jun 30, 2021) |
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GroMo's funding and investors
GroMo has raised a total funding of $12.2M over 4 rounds. Its first funding round was on May 14, 2019. Its latest funding round was a Series A round on Sep 06, 2022 for $*****. 18 investors participated in its latest round. GroMo has 22 institutional investors and 22 angel investors.
Here is the list of recent funding rounds of GroMo:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 06, 2022 | 4909338 | Series A | 2489336 | 9813747 | 7391239 | 9688214 |
2021 | 3997 | Seed | 4649 | 7492 | 8195 | 9069 |
Jun 12, 2019 | 8663673 | Seed | 4638149 | 3886590 | 2885001 |
Access funding benchmarks and valuations. Sign up today!View details of GroMo's funding rounds and investors
GroMo's founders and board of directors
Founder? Claim ProfileThe founders of GroMo are Ankit Khandelwal and Darpan Khurana. Ankit Khandelwal is the CEO of GroMo.
Here are the details of GroMo's key team members:
- Ankit Khandelwal: Co-Founder & CEO of GroMo and founder of 2 other companies, GroMo Insure and GroMo. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Darpan Khurana: Co-Founder of GroMo. They are also an angel investor in 1 startup.Contact Info: 1 email address and 1 phone number
GroMo's Board of Directors
GroMo's board has 2 active members. Ankit Khandelwal and Madhulika Khandelwal are part of team.Here is the list of GroMo's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 3y 11m | |
ewwqdts | Team | - | Past | 6y 5m |
View details of GroMo's Founder profiles and Board Members
GroMo's employee count trend
GroMo has 111 employees as of Aug 25. The total employee count is 22.0% lower than what it was in Aug 24. Here is GroMo's employee count trend over the years:
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GroMo's Competitors and alternates
Top competitors of GroMo include Mvalu, PaisaGrowth and Loannetwork. Here is the list of Top 10 competitors of GroMo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform providing opportunities to sell financial products and earn income | $12.2M | 54/100 | ||
2nd | Blockchain-based leads marketplace network | $5.09M | 38/100 | ||
3rd |  PaisaGrowth 2020, Gurugram (India), Seed | Online lead marketplace for loan intermediaries | $250K | 36/100 | |
4th |  Loannetwork 2023, Mumbai (India), Seed | Provider of home and business loan solutions through a network of banks and lenders | $2.15M | 29/100 | |
5th |  Speedowork Online Services Private Limited 2019, Kharagpur (India), Unfunded | Provider of financial technology solutions designed to improve service accessibility | - | - | 25/100 |
6th |  Offermeloan 2018, Nashik (India), Unfunded | The platform connects borrowers with loan agents | - | - | 24/100 |
7th |  Finnov India 2021, Indore (India), Unfunded | App-based lead marketplace | - | - | 23/100 |
8th | Lead generation and management platform | - | - | 17/100 | |
9th | Marketplace providing access to virtual credit cards from partner banks | - | - | 16/100 | |
10th | Jobjugglers 2023, Delhi (India), Unfunded | Operator of digital portals for financial product referrals and employment | - | - | 16/100 |
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GroMo's Investments and acquisitions
GroMo has made no investments or acquisitions yet.
Reports related to GroMo
Here is the latest report on GroMo's sector:
News related to GroMo
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•
Fintech platform GroMo distributes Rs 100 crore in payouts to partner agentsMoneycontrol•Feb 10, 2024•GroMo
•
Fintech platform GroMo raises $11mn in series A led by SIG Venture CapitalBusiness Standard•Sep 06, 2022•GroMo, SIG Venture Capital, Y Combinator, Goodwater Capital and 6 others
•
Fintech startup GroMo raises Rs 4 crore in seed fundingIndiatimes•Jun 12, 2019•GroMo, Utsav Somani, Utsav Somani
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