GroMo Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
168
- 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.inCorporate Office
- 4th Floor, Plot No 63
- BLM Tower, Sector 44
- Gurugram, Haryana 122003
- India
Corporate Office
- 4th Floor, Plot No 63
- BLM Tower, Sector 44
- Gurugram, Haryana 122003
- India
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 |
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% |
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.
GroMo Comparisons
Industry
Financing
Details
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 |
GroMo Signals
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 |
GroMo FAQs
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When was GroMo founded?
GroMo was founded in 2019.
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Where is GroMo headquartered?
GroMo is headquartered in Gurugram, India.
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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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