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GroMo Analysis

What is GroMo?

GroMo is a fintech platform enabling users to earn online by selling financial products without any investment.

Employees
100
Founded
2020
Revenue
$47.1M
Company Stage
Series A
YC Batch
W21

Product Features & Capabilities

  • Credit Card, Savings Account, Demat Account, Loan, Line of Credit, Investment, Sell Insurance, User-Friendly Mobile App, Training and Support for Partners

Who are the founders of GroMo

AK

Ankit Khandelwal

Founder and CEO

DK

Darpan Khurana

Co-Founder

Company Pricing

  • Credit Card: Up to ₹3500 commission per sale
  • Personal Loan: Up to 4% commission
  • Savings Account: Up to ₹1300 commission
  • Demat Account: Up to ₹1750 commission
  • Credit Line: Up to ₹1400 commission
  • Investment Products: Up to ₹1200 commission
  • UPI Transactions: ₹90 per new account

Investors

  • SIG Venture Capital
  • Y-Combinator
  • Das Capital
  • Goodwater Capital
  • Beyond Next Ventures
  • Soma Capital
  • Ace & Company
  • Hauz Khas Ventures
  • Ramakant Sharma (angel investor)
  • Utsav Somani (angel investor)

Find more companies like GroMo

in Y Combinator Batch W21 Companies

Financial Overview

$47.1MEstimated Revenue
Series A
September 3, 2024
Investors: SIG Venture Capital, Y Combinator, Das Capital
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