Groyyo to expand AI-driven apparel infrastructure with new investments

Gurugram-based Groyyo has finalized the first close of its Series B funding round, securing Rs 90 crore led by Cornerstone Ventures. This capital infusion arrives as the company pushes to modernize the historically fragmented fashion supply chain. By replacing traditional reliance on manual spreadsheets with a sophisticated digital operating system, Groyyo facilitates end-to-end production tracking, quality assurance, and trend forecasting. Subin Mitra, Co-founder, notes, the investment serves to deepen the firm’s reach into North America, Europe, and the Middle East, markets where demand for rapid, transparent manufacturing cycles is intensifying.

Expanding capacity and intelligence

The company currently orchestrates a network of over 470 manufacturers, providing them with proprietary factory-management software to optimize inventory and financial operations. With an annualized revenue run rate of approximately Rs 500 crore in FY26, Groyyo is positioning itself for an ambitious target: exceeding Rs 3,000 crore in revenue within the next three years. Vatsal Bavishi, Partner, Cornerstone Ventures, emphasizes, Groyyo has successfully built a technology-first global infrastructure rather than a conventional marketplace, making their value chain difficult to replicate. This strategic expansion aligns with India's broader efforts to bolster its manufacturing output, providing local suppliers with the digital tools necessary to meet stringent global standards and sustain growth in an increasingly automated textile landscape.

Digitalizing apparel production

Founded in 2021 by Subin Mitra, Pratik Tiwari, and Ridam Upadhyay, Groyyo operates an AI-powered B2B platform that digitizes the apparel production lifecycle. The company bridges the gap between global fashion brands and small-to-medium-sized manufacturers across India. Targeting rapid revenue growth and improved profitability, Groyyo leverages technology to streamline sourcing, design, and logistics.