Founded in 2021 and headquartered in Gurugram by Pratik Tiwari and Subin Mitra, Groyyo operates an AI-driven platform that digitises the entire apparel production cycle from design and costing to production tracking, quality checks and logistics. The company also offers a factory operating software that enables manufacturers to manage production, inventory and finance while giving brands real-time visibility into the manufacturing process. Groyyo reports a supplier network of more than 470 manufacturers and serves over 45 international brands across 10 countries. Recent financing activity includes a $40 million Series A in June 2022 (debt and equity) and $5.4 million in debt in January 2024; it has just closed Rs 90 crore in the first tranche of a Rs 200 crore Series B. The company plans to use new capital to expand its manufacturing network, scale its AI infrastructure and strengthen its technology platform, and to grow its presence in North America, Europe and the Middle East. Management is targeting an annualised revenue run rate of Rs 500 crore in FY26 and aims to hit Rs 3,000 crore in revenue over the next three years while improving profitability.

Total raised

$19M

Funding rounds

3

Latest round

Series B

Latest activity

Jul 2026