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B2B manufacturing and supply chain enablement company Groyyo has raised $40 million in a combination of equity and debt in its Series A round in less than a year since inception. Tiger Global led this round of funding with strong participation from early investor Alpha Wave Global.
This round also saw participation from existing investors Sparrow Capital, Stride Ventures, and angel investors like Bahram Vakil (Founder & Senior Partner at AZB & Partners) and Vineet Gautam (CEO, Bestseller India), with debt partners like Blacksoil & Capsave Finance also participating.
The funds raised will be utilised to scale up the team across manufacturing
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