GroMo
PrivateLast Round
Series A
Sep 6, 2022
Total Funding Raised
$11.71M
Company Overview
GroMo is a fintech platform founded in 2019 that operates a social commerce model for the distribution of financial products in India. The company has built a network of over 1.2 million agents who use the platform to sell a wide range of financial products, including insurance, investments, credit cards, loans, and savings accounts. GroMo provides training and digital tools to empower these individuals, often referred to as micro-entrepreneurs, to become financial advisors and earn income by selling products from major financial institutions to customers in their networks, with a particular focus on Tier II and Tier III cities. The platform aims to bridge the financial literacy gap and increase the accessibility of financial services across India.
Sector
FinTech
Verticals
Lending & Credit, InsurTech, Investment Platforms, Social Commerce, Sales Enablement
Business Model
B2B2C
Customer Profile
Marketplace Commission, Freemium
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
GroMo Comps
Public and private peers based on sector, stage, and business model.
GroMo Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Sep 6, 2022 | ||||
| Seed | Jan 1, 2021 | ||||
| Seed | Jun 12, 2019 |
Key People
Founding team and executive leadership
GroMo Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Goodwater Capital | Series A |
| Das Capital Group | Series A |
| Hauz Khas Ventures | Series A |
| Susquehanna International Group | Series A |
| SIG China | Series A |
| Y Combinator | Series A, Seed |
| Soma Capital | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Oct 1, 2025
Reached over 3 million customers served.
- Oct 1, 2025
Developing AI-led consumer insurance platform 'Zyra'.
GroMo Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about GroMo's valuation, stock price, and market status.
