Groyyo, which was founded in 2021, has seen its exports business grow 3X in the last 2 years and is rapidly expanding in new markets such as the US, UK & EU catering to some of the largest fashion & lifestyle brands in these regions.
Groyyo, a B2B manufacturing technology company, announces the elevation of its Managing Director (Exports) Nitin Jain to the position of Co-Founder. Jain’s elevation to this role marks a significant milestone in Groyyo’s journey, reflecting his integral contribution to the company’s success and robust exports growth.
Jain, who spent the early years of his career leading Sales & Marketing at Wearwell Industries – building their global order book from the ground up prior to joining Groyyo, played a significant role in architecting Groyyo’s exports shift and drove the expansion of the company’s international business to markets ranging from the UK, EU to even Australia & South Korea.
“We are thrilled to welcome Nitin as a co-founder and integral part of Groyyo. Our exports business could not have gotten to the scale & quality it has without his painstaking effort & drive,†said Subin Mitra, Co-founder & CEO, Groyyo.
He has been pivotal in scaling our exports order book in regions like the UK & EU, bringing on-board strategic customers like Next, John Lewis & Mango. We are confident his larger role will not only enable us to double down on these markets but also expand into newer & more exciting ones like Australia & South Korea,†Mitra added.
Jain, who joined Groyyo on its journey from day one, said he was excited to step into the role of Co-founder and continue driving the company’s exports strategy & growth.
“We will further accelerate our exports business enabling more & more SME’s to take their business global and work with some of the most marquee clients globally. Our focus will be to leverage Groyyo’s Design, Manufacturing & Supply chain capabilities to not only go deeper within our existing clients but also form additional strategic partnerships in newer markets,†he said.
Groyyo, which was founded in 2021, has seen its exports business grow 3X in the last 2 years and is rapidly expanding in new markets such as the US, UK & EU catering to some of the largest fashion & lifestyle brands in these regions.
Groyyo has been backed by global investors such as Tiger Global & Alpha Wave Global. The company also raised $5.5 mn in venture debt from Trifecta Capital & Lighthouse Canton earlier this year to fund its exports business.