Founded in 2021, GLAAS (Gromor Lending as a Service) provides embedded credit infrastructure that lets digital ecosystems such as e-commerce, payments, and supply-chain platforms offer contextual, real-time working capital to MSMEs. The platform leverages transaction data and API-led integrations to enable instant underwriting, seamless disbursals, and automated repayments. GLAAS operates alongside its in-house NBFC, Gromor Finance, which focuses on addressing MSME working capital needs. The company reports it has disbursed more than Rs 1,200 crore in loans to date and is seeing strong adoption across digital platforms with a growing pipeline of partnerships. With the addition of Devesh Sachdev as co-founder and managing director and his $5 million investment, GLAAS intends to strengthen Gromor Finance's balance sheet, expand its co-lending partner ecosystem, and scale its presence across high-growth digital channels.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2026