Groyyo raises $4.6 Million in funding led by Alpha Wave Incubation

Groyyo, the B2B manufacturing startup has raised $4.6 million in a funding round led by Alpha Wave Incubation (AWI). The company has said that it has empowered over 200 manufacturers across South Asia with maximising their potential within six months of inception. 

Groyyo is planning to use the raised funds to build its teams across key manufacturing clusters in South Asia. The company is also planning to expand its presence in the USA and the Middle East.

The co-founder of Groyyo, Subin Mitra has said that there is a need for transparent, complaint, quality manufacturers who can cater to low minimum order sizes, fast turnaround times and prices competitiveness with the rise and dominance of D2C brands.

Founded in July 2021, Groyyo has dedicated itself to driving growth and creating opportunities for smaller players with its first monetisation model. Groyyo has also been continuously working with MSMEs across South Asia.