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GroMo
AddedMar 17, 2024
UpdatedJul 7, 2026
GroMo

GroMo

Seed

GroMo: India's top financial products platform for agents

Founded
2020
Accelerator
Y Combinator logoY CombinatorW21
Overview
Compare
Fundraising
Employees
Website

GroMo, founded in India and a participant in Y Combinator's Winter 2021 batch, aims to become the largest financial products distribution company in the country. The company has developed a tech-enabled social commerce platform that empowers independent agents to sell a wide range of financial products, including insurance, investments, and credit cards. GroMo's mission is to enhance financial literacy and improve access to quality financial products for consumers through its network of over 1.2 million agents.

Notable affiliated people include the founders and key investors from Y Combinator. GroMo's significant achievements include building a vast agent network and offering over 100 financial products. The platform has positively impacted financial inclusion and literacy in India, enabling agents to earn substantial incomes while providing valuable financial services to underserved populations.

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GroMo - Quick Facts

Who are GroMo's competitors?

Companies similar to GroMo include Yenmo, Groww, OneFin and FrontPage.

When was GroMo founded?

GroMo was founded in 2020.

When was GroMo's last funding round?

GroMo's most recent funding round was for $125k (USD) in January 2021.

How much has GroMo raised to-date?

As of Jan 1, 2021, GroMo has raised a total of $125k (USD).

How many employees does GroMo have?

GroMo has 100 employees as of Aug 23, 2023.

GroMo - Classification

Ownership
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Asia
  • India
Model
  • Platform
Revenue
  • Commission
  • Software
Customer
  • Small Business
Main Product
  • Financial Products
Tags
  • Marketplace
  • SaaS