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GroMo

Fintech · Reserve Bank of India Staff Quarters, India · Founded 2019

Providing access of financial products to the under penetrated Bharat MoreLess

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.

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.

Keywords: Financial services, Online training, Extra income, Work from home, Zero investment, Instant payout, Line of credit, Free credit card, Mobile app, Financial products.

Valuation $0–100M
Revenue $1–10M
Headcount 500–1k
Total funding $10–50M
Unlock exact values This page shows ranges. Dealroom has the exact numbers for GroMo and the history behind them.

Company overview

GroMo company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2019
Headquarters
Reserve Bank of India Staff Quarters, India
Employees
737
Open positions
4
Dealroom signal
67.8
client focusb2bclient focusb2csub industryMortgages & Lendingsub industryInsurancebusiness modelMarketplace & ecommerceindustryFintechsectorInsurtech Distribution and BrokeragesectorCredit CardsectorYC W21sectorfinancial inclusion

Valuation & funding

GroMo funding history

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
OtherOther financing Mar 2021 $0 Undisclosed
SEEDEquity / VC Nov 2020 $130K $520K Undisclosed
SEEDEquity / VC Jun 2019 $580K $2.3M Ramakant Sharma · Utsav Somani
Showing 5 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $3.2M 0% 737
2025 $3.2M 0% 745
2024 $3.2M 0% 673
2023 $3.2M 0% 522
2022 $3.2M 0% 264
2021 $3.2M +52.4% 57
2020 $2.1M 28
Company filings, research estimates and Dealroom dataOpen the full financial model →

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%
Monthly website visits92 observations · Dec 2018–Jul 2026
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Comparisons

GroMo compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in 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 →

Talent graph

GroMo's talent

Book a demo to see the people
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.

Investors

21 investors on GroMo's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 3 investors entered at this stage
Ramakant Sharma
Utsav Somani
Y Combinator
Series A 13 investors entered at this stage
SIG China
Goodwater Capital
Nitin Gupta
ACE and Company
Soma Capital
DAS Capital
Kunal Shah
Hauz Khas Ventures
Abhishek Goyal
Alok Mittal
Niraj Singh
Beyond Next Ventures
SIG Venture Capital
Other known 5 additional known investors
Ivan Ong
Kube VC
Rebel Fund
Sai A
Tracxn Labs

Global footprint

Where GroMo has talent and traffic

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

In the news

Latest news about GroMo

Recent press, funding announcements, and product moves mentioning GroMo — open to read from the original sources.

See all news

Market sentiment

What the market is saying about GroMo

An AI-synthesized read of the highest-engagement posts about GroMo on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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