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Groyyo is a technology company.
Groyyo operates a B2B manufacturing and automation platform focused on enhancing factory efficiency and global reach. The company delivers technology solutions enabling small-scale manufacturers to optimize production, lower costs, and broaden their market footprint. Its platform integrates tools to streamline processes, fostering competitive industrial operations.
Founded in July 2021 by Subin Mitra, Pratik Tiwari, and Ridam Upadhyay, Groyyo originated from observing an underserved small-scale manufacturing sector. The founders identified a need to introduce modern technology to these factories. Their insight focused on empowering businesses in regions like Gurgaon to modernize operations and drive growth.
Groyyo serves small and medium-sized manufacturers upgrading facilities and expanding operational capabilities. The company's vision is to transform manufacturing by democratizing access to advanced automation and management tools. It aims to build a more integrated global supply chain, enabling factories to achieve higher productivity and commercial success.
Groyyo has raised $38.4M across 3 funding rounds.
Groyyo has raised $38.4M in total across 3 funding rounds.
Groyyo is an Indian-based B2B technology company founded in 2021 that builds an AI-enabled manufacturing and automation platform primarily serving small and medium-sized enterprises (SMEs) and micro-manufacturers across Asia. It provides advanced robotics, IoT, and real-time data analytics solutions to optimize production efficiency, reduce operational costs, and digitize fragmented small-scale manufacturing operations. Groyyo’s platform addresses supply chain inefficiencies and unlocks international demand by connecting over 360 factories producing 150+ product categories for 110+ brands across 9+ countries. The company has shown strong growth momentum, raising over $49 million in funding and expanding its presence globally with offices in India, Bangladesh, and the UAE[1][2][4][5].
Groyyo was founded in July 2021 by Subin Mitra, Pratik Tiwari, and Ridam Upadhyay. The founders identified a significant gap in technology adoption among small-scale factories, particularly in Gurgaon, India. Their initial idea was to introduce a first-level order management app to these neglected manufacturers, which quickly evolved into a comprehensive AI-driven manufacturing automation platform. Early traction came from onboarding hundreds of factories and brands, demonstrating the demand for digitization and efficiency improvements in the MSME and SME manufacturing sectors[1][4].
Groyyo rides the growing trend of digital transformation and Industry 4.0 adoption in emerging markets, particularly in the MSME manufacturing sector, which has traditionally been underserved by technology. The timing is critical as global supply chains seek greater transparency, efficiency, and automation post-pandemic. By digitizing and automating small-scale manufacturing, Groyyo helps integrate these fragmented players into global value chains, boosting their competitiveness and sustainability. This contributes to broader economic development and innovation in manufacturing ecosystems across Asia[1][5].
Looking ahead, Groyyo is poised to scale its platform to digitize millions of micro-manufacturers across Asia, leveraging AI and IoT advancements to deepen automation and data-driven decision-making. Trends such as increased demand for sustainable manufacturing, supply chain resilience, and localized production will likely accelerate adoption of Groyyo’s solutions. Its influence could expand beyond manufacturing into adjacent sectors requiring operational digitization. Continued funding and technology innovation will be key to maintaining growth momentum and ecosystem impact, potentially positioning Groyyo as a cornerstone of Asia’s manufacturing tech landscape[1][5].
Groyyo has raised $38.4M in total across 3 funding rounds.
Groyyo's investors include Trifecta Capital, Alven, Motier Ventures, Tiger Global Management, Thibaud Elziere, Anirudh Singh, Avaana Capital, General Catalyst, Kunal Shah, Anjali Bansal, Arpan Sheth, Deepak Jain.
Groyyo has raised $38.4M across 3 funding rounds. Most recently, it raised $5.4M Debt in January 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 20, 2024 | $5.4M Debt | Trifecta Capital | |
| Jun 1, 2022 | $28.0M Series A | Alven, Motier Ventures, Tiger Global Management, Thibaud Elziere | |
| Jan 1, 2022 | $5.0M Seed | Anirudh Singh | Avaana Capital, General Catalyst, Kunal Shah, Anjali Bansal, Arpan Sheth, Deepak Jain, Maninder G., Sparrow Capital, Stride Ventures |