GroMo Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 168

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 29

GroMo General Information

Description

Operator of a fintech marketplace intended to help users sell financial products like loans, insurance, and investments. The company's platform allows users to tie up with banks and NBFCs to work on the distribution side of the credit supply chain, enabling micro-entrepreneurs such as chartered accountants, property dealers, travel agents, and even students to become partners and generate additional income.

Contact Information

Website
www.gromo.in
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 4th Floor, Plot No 63
  • BLM Tower, Sector 44
  • Gurugram, Haryana 122003
  • India
+91 0124
Primary Industry
Other Financial Services
Other Industries
Financial Software
Vertical(s)
Corporate Office
  • 4th Floor, Plot No 63
  • BLM Tower, Sector 44
  • Gurugram, Haryana 122003
  • India
+91 0124

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GroMo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 01-Jan-2024 Completed Generating Revenue
4. Secondary Transaction - Private Completed Generating Revenue
3. Early Stage VC (Series A) 09-Jun-2022 Completed Generating Revenue
2. Accelerator/Incubator 01-Jan-2021 $125K $702K Completed Generating Revenue
1. Seed Round 01-May-2019 $577K $577K Completed Generating Revenue
To view GroMo’s complete valuation and funding history, request access »

GroMo Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A-2
Series A-1
Series A
Seed-2
Seed-1 1,714,000 $0.000010 $0.31 $0.31 1x $0.31 7.92%
Seed 1,262,245 $0.000010 $0.1 $0.1 1x $0.1 5.83%
To view GroMo’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

GroMo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a fintech marketplace intended to help users sell financial products like loans, insurance, and investments.
Other Financial Services
Gurugram, India
168 As of 2022

Bangalore, India
 
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GroMo Competitors (1)

One of GroMo’s competitors is KredX, a Venture Capital-Backed company based in Bangalore, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
KredX Venture Capital-Backed Bangalore, India
You’re viewing 1 of 1 competitors. Get the full list »

GroMo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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GroMo Investors (29)

Investor Name Investor Type Holding Investor Since Participating Rounds
Enrission India Capital Venture Capital Minority
Acequia Capital Venture Capital Minority
Angel (individual) Minority
Beyond Next Ventures Venture Capital Minority
DasCapital Venture Capital Minority
You’re viewing 5 of 29 investors. Get the full list »

GroMo FAQs

  • When was GroMo founded?

    GroMo was founded in 2019.

  • Where is GroMo headquartered?

    GroMo is headquartered in Gurugram, India.

  • What is the size of GroMo?

    GroMo has 168 total employees.

  • What industry is GroMo in?

    GroMo’s primary industry is Other Financial Services.

  • Is GroMo a private or public company?

    GroMo is a Private company.

  • What is GroMo’s current revenue?

    The current revenue for GroMo is .

  • How much funding has GroMo raised over time?

    GroMo has raised $11.7M.

  • Who are GroMo’s investors?

    Enrission India Capital, Acequia Capital, , Beyond Next Ventures, and DasCapital are 5 of 29 investors who have invested in GroMo.

  • Who are GroMo’s competitors?

    KredX is a competitor of GroMo.

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