Funding · Enterprise Software & IT

Groyyo raises first close of ₹90 Cr in Series B funding round

By Startup Enthusiast · 16 July 2026

What they do

Groyyo is a B2B platform connecting global fashion brands with verified factories using AI tools

The company secured its first close of ₹90 Cr led by Cornerstone Ventures for expansion

It aims to grow revenue to over ₹3,000 Cr and expand its factory network globally

Groyyo has raised ₹90 Cr as the first close of its Series B funding round.
The total planned size for this Series B round is ₹200 Cr.
Cornerstone Ventures led the investment round with participation from existing investors.
This brings the company's cumulative raised capital to approximately $50 Mn.
The funds will be used to expand the factory network and strengthen the AI platform.
Groyyo plans to deepen its presence in North America, Europe, and the Middle East.
The company aims to achieve a revenue run rate of over ₹3,000 Cr in three years.
Groyyo recently acquired a majority stake in Oussum Inc, a New York-based women's wear brand.

Groyyo claims category-leading PAT margins and a revenue run rate of ₹500 Cr in FY26.
The startup operates in a $120 Bn SME apparel and textile manufacturing segment.
Its strategy includes diversifying sourcing away from China to reduce lead times and costs.
The company serves over 45 international brands across 10 countries.
Groyyo manages a supplier network of more than 470 manufacturers.

Groyyo connects global fashion brands with verified garment manufacturers through its platform.
The company provides AI-powered tools for design, trend forecasting, and production tracking.
It offers factory software to manage inventory, financing, compliance, and daily operations.
Groyyo helps clients improve visibility and optimize costs in their supply chains.
The platform supports quality control and logistics management for manufacturing partners.
It targets small and medium enterprises in the apparel and textile sectors.
Groyyo operates hubs across India to support its expanding manufacturing network.
The company facilitates cross-border trade between Indian factories and global brands.
Groyyo's technology integrates design and production workflows for efficiency.

Cornerstone Ventures (lead) — Vatsal Bavishi is quoted as a Partner at the firm.