Recently, Lighthouse Canton, a global investment organisation, and Trifecta Capital invested Rs 40 crore (USD 5.4 million) to Groyyo.
The extra funding will support Groyyo’s strategic goals of revolutionising the production industry by strengthening its financial reserves.
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Subin Mitra, Co-founder, and CEO of Groyyo said, “The infusion of additional capital will empower us to partner with a broader spectrum of SMEs and help them take their business global.”
Groyyo has brought on board more than 360 factories that produce goods in more than 150 categories for more than 110 brands in more than nine countries throughout the globe.
With the help of AI, technology, innovation, standardisation, and industry specialists, Groyyo is revolutionising the manufacturing sector!
Using order management software, Groyyo was founded in July 2021 by Subin Mitra, Pratik Tiwari, and Ridam Upadhyay to bring cutting-edge technology to Gurgaon’s neglected small-scale enterprises.