When was Groyyo founded?

Groyyo was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Groyyo located?

Groyyo is headquartered in Gurugram, India. It is registered at 64 - B, 6th Floor, Mittal Tower, Nariman Point, Mumbai, Mumbai, Maharashtra, India, 400021.

Who is the current CEO of Groyyo?

Subin Mitra of Groyyo. They have also founded 1 company and are angel investors in 3 startups.

Which legal entities is Groyyo associated with?

Groyyo is associated with GROYYO PRIVATE LIMITED.

How many employees does Groyyo have?

As of May 31, 2026, Groyyo has 83 employees, reflecting a 16% year-over-year decline in headcount.

Is Groyyo a funded 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 round, raised on Nov 29, 2021.

How much is Groyyo worth?

The latest valuation of Groyyo is $***** as of Jun 15, 2024. This marks a decline of 39% from its peak valuation of $234M in Nov, 2021. This marks a decline of 39% from its peak valuation of $234M in Nov, 2021.

When was the latest funding round of Groyyo?

Groyyo's latest funding was a $***** Series B round on Jul 16, 2026, with participation from 1 investor. Its primary sector is B2B E-Commerce. In India, the B2B E-Commerce sector has seen $414M in funding in 2026 to date.

What is the annual revenue of Groyyo?

Annual revenue of Groyyo is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Groyyo rank among its competitors?

Groyyo ranks 5th amongst 56 active competitors, of which 8 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Groyyo, which secured $9.4M in Jul, 2026.

Who are the top competitors of Groyyo?

Groyyo's top competitors include Fashinza, ZYOD and Bijnis. Among them, Groyyo secured the most recent funding round in July, 2026.

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

Company Details

Provider of AI-powered manufacturing automation platform for MSME garment factories. The platform enables small and medium apparel manufacturers to digitize production workflows, implement real-time monitoring, and automate quality control. The system provides tools for remote oversight, predictive maintenance, and process optimization. It also provide support for export readiness such as market insights, compliance assistance, supply-chain streamlining, and strategic buyer connection.

Website: groyyo.com
Social
Email ID: *****@groyyo.com
Registered Address: 64 - B, 6th Floor, Mittal Tower, Nariman Point, Mumbai, Mumbai, Maharashtra, India, 400021

Key Metrics

Founded Year

2021

Location

Gurugram, India

Stage

Series B

Total Funding

$42.5M in 6 rounds

Latest Funding Round

Series B, Jul 16, 2026, $*****

Post Money Valuation

$***** as on Jun 15, 2024

Investors

Tiger Global Management & 25 more

Ranked

5^th among 56 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

83 as on May 31, 2026

Investment & Acquisitions

Oussum

Similar Companies

Olist & 295 more

View Groyyo's full profile

Groyyo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GROYYO PRIVATE LIMITED CIN: U74999MH2021PTC363392 , India, Active	Jul 06, 2021	₹100 - ₹500 Cr (As on Mar 31, 2025)	83 (As on May 31, 2026)

Groyyo has raised a total funding of $42.5M over 6 rounds. Its first funding round was on Nov 29, 2021. Its latest funding round was a Series B round on Jul 16, 2026 for $*****. 1 investor participated in its latest round. Groyyo has 12 institutional investors and 14 angel investors.

Here is the list of recent funding rounds of Groyyo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 16, 2026	8898639	Series B	8404610	9136204	1692420	8038865
Jan 18, 2024	7628308	Conventional Debt	6186215	7782184	6813691	Lighthouse Canton & 1 more
Oct 11, 2023	6675434	Series A	1360965	9046621	1366784	Trifecta Capital & 1 more

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View details of Groyyo's funding rounds and investors

The founders of Groyyo are Subin Mitra, Pratik Tiwari, Ridam Upadhyay and Pratik Tiwari. Subin Mitra is the CEO of Groyyo.

Here are the details of Groyyo's key team members:

Subin Mitra: Co-Founder & CEO of Groyyo. They are also an angel investor in 3 startups and serve on the board of 1 company.
Contact Info: 1 email address
Pratik Tiwari: Co-Founder & COO of Groyyo. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 1 email address
Ridam Upadhyay: Former Co-Founder of Groyyo. They serve on the board of 1 company.
Contact Info: 1 email address
Pratik Tiwari: Co-Founder & COO of Groyyo.
Contact Info: 1 email address and 1 phone number

Groyyo's Board of Directors

Groyyo's board has 3 active members. Subin Mitra, Pratik Tiwari and Ridam Upadhyay are part of team.

Here is the list of Groyyo's board of directors:

Name	Type	Representing	Status	Duration
Subin Mitra	Team	-	Current	5y 1m
Pratik Tiwari	Team	-	Current	5y 1m
Ridam Upadhyay	Team	-	Current	5y 1m

View details of Groyyo's Founder profiles and Board Members

Groyyo's employee count trend

Groyyo has 83 employees as of May 26. The total employee count is 16.0% lower than what it was in May 25. Here is Groyyo's employee count trend over the years:

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Top competitors of Groyyo include Fashinza, ZYOD and Bijnis. Here is the list of Top 10 competitors of Groyyo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fashinza 2020, Gurugram (India), Series B	Platform offering AI-enabled production solutions for the fashion industry	$82.6M	Elevation Capital, WestBridge Capital & 45 others	71/100
2nd	ZYOD 2023, Gurugram (India), Series A	Platform offering technology-enabled fashion manufacturing solutions	$22.8M	Lightspeed, RTP Global & 19 others	67/100
3rd	Bijnis 2015, Delhi (India), Series B	Online platform offering B2B sourcing and trading solutions	$43.5M	Info Edge, WestBridge Capital & 38 others	62/100
4th	Blitzscale Tech 2018, Bengaluru (India), Series B	Operator of online marketplaces and software for electronic commerce stores	$18.5M	Bessemer Venture Partners, Elevation Capital ... & 3 others	59/100
5th	Groyyo 2021, Gurugram (India), Series B	Provider of AI-powered manufacturing automation platform for MSME garment factories	$42.5M	Tiger Global Management, BlackSoil & 24 others	54/100
6th	Presto 2014, Bengaluru (India), Unfunded	Platform offering modular, no-code solutions for launching and scaling digital commerce applications	-	-	44/100
7th	Lal10 2015, Bengaluru (India), Series A	Manufacturer of custom apparel and home furnishing products for brands	$7.11M	Beyond Capital Ventures, Yuj & 58 others	41/100
8th	Loomiz 2024, Gurugram (India), Seed	Provider of apparel manufacturing platform with design and supply chain tools	$200K	100X.VC & 6 others	34/100
9th	Diatly 2017, Paris (France), Seed	Cloud-based platform for brand integration on online marketplaces	$2.45M	Breega, M Capital & 2 others	32/100
10th	Winsum 2024, Bengaluru (India), Unfunded	Provider of tech driven fashion manufacturing platform	-	-	28/100

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Founders (largest shareholder) own 53.34%, Funds own 37.55%, Angels own 0.76% and Other People own 0.11%. The net worth of Groyyo's founders is INR 644Cr as of Jun 15, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	53.34%	644Cr	6891518	1849902	3073517	5764855
Subin Mitra	6034714	5040252	7856147	8873115	1165209	7490374
Pratik Tiwari	3123394	7496068	2730699	6498412	2839953	1272919
Ridam Upadhyay	1835395	7297780	2389392	8352318	9109960	2898230
Fund	37.55%	454Cr	9075919	2514489	8254847	8042124
Alpha Wave Global	3334159	7375815	5777937	9584212	2085969	7558795
Tiger Global Management	6038788	6293726	1209334	5146881	3421231	1732366
Lighthouse Canton	0	0	0	0	0	0
Trifecta Capital	0	0	0	0	0	0
Angel	0.76%	9.13Cr	0	0	0	0
Other People	0.11%	1.34Cr	0	0	0	0
ESOP Pool	8.22%	99.3Cr	1033093	8312530	7158082	6107323
Total	99.98%	1,210Cr	7340342	5264707	1629415	9167845