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VITRAK FINTECH PRIVATE LIMITED

GroMo

U66000DL2019PTC345038

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees305
  • Founded Year 2019
  • Company StagePrivate Limited Company
  • Total Funding₹93.46 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About GroMo

GroMo is on the mission to increase the accessibility of financial products across all corners of the Real “Bharat”. The penetration of financial products is shallow in India and this is what GroMo is here to fix. They aim to achieve this by creating, training & empowering lakhs of micro-entrepreneurs, and helping them make a good income by advising on and selling financial products in their network.

Business Model

Fintech platform GroMo allows users to sell financial products within their trusted network. It leverages a network of agents and BFSI professionals who sell financial products insurance, investments, credit cards, loans, saving and demat accounts in tier II, III and IV cities.

Top Competitors
IN
Investmint U72900KA2021PTC155011
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UpstoxU74900DL2009PTC189166
SM
SmallcaseU74900KA2015PTC081722
SC
ScripboxU74900KA2013PTC069389
DF
Dstreet FinanceU17122GJ2013PTC074659
GroMo Funding Details
Funding Highlights
Latest Funding RoundSeed
Total Funding Raised₹93.46 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • AngelList, Sprout Investment
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
GroMo Financial Details
Financial Highlights
FY 2022-23 Revenue₹5,020.00
FY 2022-23 Expenses₹58.68 Lakh
FY 2022-23 Profit/Loss-₹58.63 Lakh
Net Cash Flow From OperationsNil
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
GroMo Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

AK
Ankit KhandelwalCo-Founder & CEO
DK
Darpan KhuranaCo-Founder

Board Members/Directors

MK
Madhulika KhandelwalDirector
PK
Priyanka KhandelwalDirector
GroMo Documents

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