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GroMo

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Providing access of financial products to the under penetrated Bharat

Reserve Bank of India Staff Quarters, IndiaFounded 2019Fintech
Valuation $0–100M Latest valuation · 2022
Revenue $1–10M Latest reported FY
Headcount 500–1k Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for GroMo and the history behind them.

About GroMo

GroMo is an Indian-based startup that operates in the financial services sector. The company provides a platform for individuals to sell financial products and earn an extra income. GroMo's business model is centered around training individuals to sell financial products effectively, and then providing them with the platform to do so. The company's target market includes working professionals, business people, students, and housewives, essentially anyone looking to supplement their income.

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GroMo's platform is designed to be flexible, allowing users to work from anywhere, whether it's from home or a vacation spot. The company also emphasizes a zero investment model, meaning individuals can start their own business without any upfront costs. This is particularly attractive for those who want to start a business but are deterred by the initial investment usually required.

The company generates revenue by facilitating the sale of financial products. Once a sale is successful, the individual who made the sale earns a commission. GroMo's unique selling point is its instant payout feature, where individuals receive their earnings immediately after a sale is made, eliminating the usual waiting period.

GroMo also offers a line of credit, a lifetime free credit card, and complimentary airport lounge access, further enhancing its value proposition to users. The company's services are accessible via a mobile app, making it convenient for users to sell financial products and earn an income on the go.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Reserve Bank of India Staff Quarters, India
Employees
737
Open positions
4
Dealroom signal
67.8/100
Industry
Fintech
Sub-industry
Mortgages & Lending, Insurance
Sector
Fintech, Insurtech Distribution and Brokerage, Credit Card, YC W21, financial inclusion
Business model
Marketplace & ecommerce
Client focus
b2b, b2c

Latest news

Press, funding announcements and product moves mentioning GroMo.

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Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Sep 2022 $11M $44M Y Combinator · Goodwater Capital · Nitin Gupta · ACE and Company
SEEDEquity / VC Jul 2021 $125K $500K Y Combinator
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020
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Growth signals

GroMo website traffic

Latest recorded traffic for GroMo is 120K monthly website visits, down 14.3% over the last three months. GroMo's team declined 1.1% over the past year.

Latest monthly visits120K 3-month web change-14.3% 1-year team growth-1.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
BimapayDigital lending and insurance for underserved consumers New Delhi, India Operational 38 $2.3M $9.1M
KAPEDCorporate credit card for businesses and entrepreneurs La Habra, United States Operational
WeRizeIndia’s first socially distributed full stack financial services platform for small town Bengaluru, India Operational
SarvaGramIndia's 1st rural household-centric platform for financial services, risk mitigant & productivity enhancement Farm tools Mumbai, India Operational
FinhaatInnovative financial solutions for rural and semi-urban India, focusing on savings, investments, and insurance Mumbai, India Operational
FinmaalOn a mission to simplify financial services to make people's lives easier. We aspire to serve generations by fulfilling their lifestyle financial needs at different stages of their life including death Dubai, United Arab Emirates Operational
Alpha Direct InsuranceAlpha Direct is a risk carrying InsureTech building innovative solutions based on customer needs. Our focus is on using technology and data analytics to deliver compelling insurance products Gaborone, Botswana Operational
PolicyStreetPolicyStreet aims to democratize insurance by making it Simple, Easy and Affordable. We break down complex insurance policies and provide consumers their rights to be adequately insured with deserving financial wellness at all stages of life Kuala Lumpur, Malaysia Operational
Showing 8 of the closest matchesCompare every metric →

Investors

21 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Series A13 investors entered at this stage

Other known investors5 additional known investors

  • Ivan Ong
  • Kube VC
  • Rebel Fund
  • Sai A
  • Tracxn Labs
Team profiled 21 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇮🇳 India98.7%
🇯🇵 Japan0.3%
🇭🇰 Hong Kong0.3%
🇺🇸 United States0.3%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about GroMo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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