When was GroMo founded?

GroMo was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is GroMo located?

GroMo is headquartered in Gurugram, India. It is registered at F.No.4, Sector D, Pocket 6, Saraswati Block S-10, Vasant kunj Near, South West Delhi, DELHI, Delhi, India, 110070.

Who is the current CEO of GroMo?

Ankit Khandelwal of GroMo. They have also founded 2 companies and are an angel investors in 1 startup.

Which legal entities is GroMo associated with?

GroMo is associated with Vitrak Technologies Private Limited and 3 others.

How many employees does GroMo have?

As of Aug 31, 2025, GroMo has 111 employees, reflecting a 21% year-over-year decline in headcount.

Is GroMo a funded company?

GroMo is a funded company, having raised a total of $12.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 14, 2019.

How much is GroMo worth?

The latest valuation of GroMo is $***** as of Jun 12, 2019.

When was the latest funding round of GroMo?

GroMo's latest funding was a $***** Series A round on Sep 06, 2022, with participation from 18 investors. Its primary sector is Alternative Lending. In India, the Alternative Lending sector has seen $404M in funding in 2026 to date.

What is the annual revenue of GroMo?

Annual revenue of GroMo is ₹27.3Cr as on Mar 31, 2025.

Where does GroMo rank among its competitors?

GroMo ranks 1st amongst 8 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Loannetwork, which secured $479K in Jun, 2024.

Who are the top competitors of GroMo?

GroMo's top competitors include Mvalu, PaisaGrowth and Loannetwork. Among them, Loannetwork secured the most recent funding round in June, 2024.

GroMo - 2026 Company Profile, Team, Funding, Competitors & Financials

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

Series A, Sep 06, 2022, $*****

Post Money Valuation

$***** as on Jun 12, 2019

Investors

Y Combinator & 42 more

Ranked

1^st among 8 active competitors

Annual Revenue

₹27.3Cr as on Mar 31, 2025

Employee Count

111 as on Aug 31, 2025

Similar Companies

Credy & 153 more

View GroMo's full profile

GroMo is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VITRAK FINTECH PRIVATE LIMITED CIN: U66000DL2019PTC345038 , India, Strike off	Jan 25, 2019	$63 (As on Mar 31, 2023)	1 (As on Jun 30, 2021)
GROMO, INC. CIN: 4442375 , United States, Active	Dec 14, 2020	-	-	-
VITRAK INSURANCE BROKERS PRIVATE LIMITED CIN: U66000DL2021PTC377736 , India, Active	Mar 02, 2021	$8.33M (As on Mar 31, 2025)	59 (As on Aug 31, 2025)
Vitrak Technologies Private Limited CIN: U66120DL2021PTC375695 , India, Active	Jan 14, 2021	$3.23M (As on Mar 31, 2025)	52 (As on Aug 01, 2025)

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 21 institutional investors and 22 angel investors.

Here is the list of recent funding rounds of GroMo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 06, 2022	2637965	Series A	2384594	4202687	1089484	7921634
2021	1176	Seed	8954	4147	7340	8738
Jun 12, 2019	6526958	Seed	4591708	6287709	4820128	Ramakant Sharma & 1 more

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View details of GroMo's funding rounds and investors

The 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
Darpan Khurana: Co-Founder, Leading Technology, Product and Growth of GroMo and founder of 1 other company. They are also an angel investor in 1 startup.

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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Top competitors of GroMo include Mvalu, PaisaGrowth and Loannetwork. Here is the list of Top 10 competitors of GroMo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GroMo 2019, Gurugram (India), Series A	Platform providing opportunities to sell financial products and earn income	$12.2M	Sequoia Capital, LetsVenture & 41 others	62/100
2nd	Mvalu 2018, Mumbai (India), Series A	Blockchain-based leads marketplace network	$5.09M	Elevar Equity, REF Co-Invest Holdings & 2 others	41/100
3rd	PaisaGrowth 2020, Gurugram (India), Seed	Online lead marketplace for loan intermediaries	$250K	GSF, Jcurve Series & 27 others	41/100
4th	Loannetwork 2023, Mumbai (India), Seed	Provider of home and business loan solutions through a network of banks and lenders	$2.15M	Fiveriverinvestments.com & 38 others	29/100
5th	Offermeloan 2018, Nashik (India), Unfunded	The platform connects borrowers with loan agents	-	-	24/100
6th	Speedowork Online Services Private Limited 2019, Kharagpur (India), Unfunded	Provider of financial technology solutions designed to improve service accessibility	-	-	23/100
7th	Finnov India 2021, Indore (India), Unfunded	App-based lead marketplace	-	-	23/100
8th	ReferALoan 2015, Ahmedabad (India), Deadpooled	Lead generation and management platform for businesses	-	-	21/100
9th	LeadWorkX 2020, Thane (India), Unfunded	Lead generation and management platform	-	-	17/100
10th	Bid4policy.com Gurugram (India), Deadpooled	Lead generation platform for insurance and loan businesses	-	-	15/100