GroMo

GroMo is a financial technology startup based in India with the slogan "Increasing accessibility of financial products in India. Enabling lakhs of microentrepreneurs to sell financial products." Founded in 2019, GroMo is focused on addressing the limited penetration of financial products in India by creating, training, and empowering micro-entrepreneurs to sell financial products. The company has developed a mobile app that allows anyone to become a GroMo Partner and sell financial products to their network. This approach not only aims to increase the accessibility of financial products but also empowers individuals to build their own business and earn income. In September 6, 2022, GroMo secured a $11.00M Series A investment from notable investors including Goodwater Capital, Soma Capital, Y Combinator, Hauz Khas Ventures, Abhishek Goyal, Ramakant Sharma, Ashish Sharma, Kunal Shah, Alok Mittal, and Niraj Singh. With a strong focus on empowering India with financial products, GroMo has already gained the trust of more than 14 Lakhs GroMo Partners and served over 30 Lakhs customers. The company's commitment to increasing financial inclusion and its ability to attract significant investment make it a compelling player in the finance, insurance, and banking industries, particularly in India.