/Companies

GroMo

YC W21

Gurugram, IN · Founded 2020 · 100 employees · Hiring · 22 known investors

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GroMo is a platform that enables individuals to earn income by selling financial products from partner brands within their networks. The company serves anyone seeking supplementary income, including working professionals, students, and homemakers, by providing education, customer management tools, and commission-based payouts.

Founders & leadership· Y Combinator alumni (W21)

GroMo was founded in 2020 by Ankit Khandelwal and Darpan Khurana.

AKAnkit Khandelwal
Ankit KhandelwalFounder and CEOAnkit Khandelwal founded and leads GroMo. He previously served as COO and founding member at Unicommerce, a company listed on India's NSE, and co-founded Priyaasi, which was acquired by Mensa Brands. He holds a degree from IIT Delhi and has worked across hedge funds, e-commerce, SaaS, and fintech sectors.
DKDarpan Khurana
Darpan KhuranaFounderHe previously held positions in strategy and business intelligence at Snapdeal and Housing.com, and worked as a software engineer at Oracle.
BJ
Bhaumik JainHead of Product
SS
Sneha SinghRecruitment Managerformer

Investors · 22

Soma Capitallisted by Soma CapitalSacramento · $100K – $300K

How we know: funding news · somacap.com · Y Combinator's founder network · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · funding news · press coverage · open dataset · 5k.vc investor directory · Not right? Tell us

ACE & CompanyreportedGenevavia Sherif El Halwagy · inferred

How we know: the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

AL Trust Acting Through Itsreported

How we know: Y Combinator's founder network · Not right? Tell us

ANIM Fundreported$100K – $1M

How we know: Y Combinator's founder network · Not right? Tell us

Beagle VenturesreportedSantiago

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Das & Co.reportedNew York

How we know: Y Combinator's founder network · Not right? Tell us

GMO VenturePartnersreportedTokyo

How we know: Y Combinator's founder network · Not right? Tell us

Goodwater CapitalreportedBurlingame · $5M – $50M

How we know: funding news · Y Combinator's founder network · Not right? Tell us

LVX VenturesreportedBangalore

How we know: Y Combinator's founder network · Not right? Tell us

OkikenreportedTokyo

How we know: Y Combinator's founder network · Not right? Tell us

Seven Stars VenturesreportedSan Francisco

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Utsav Somanireported

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Also in the syndicate · 1

SIG Venture Capital

Reported raises · per SEC filings

Form D private placements

$11M disclosed across 2 rounds · 2021–2022

▶$11MraisedSep 2022 · 34 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Darpan KhuranaExecutive Officer, Director
  • Ankit KhandelawalExecutive Officer, Director
Offering amount
$13.1M
Amount sold
$11M
First sale
Jun 2022
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$19.7KraisedOct 2021 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Darpan KhuranaExecutive Officer, Director
  • Ankit KhandelwalExecutive Officer, Director
Offering amount
$19.7K
Amount sold
$19.7K
First sale
Apr 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Companies working in the same space as GroMo.

Legal entities · 1

corporate structure
GroMo, Inc.

In the news

Frequently asked questions

What does GroMo do?
GroMo is a platform that enables individuals to earn income by selling financial products from partner brands within their networks. The company serves anyone seeking supplementary income, including working professionals, students, and homemakers, by providing education, customer management tools, and commission-based payouts.
Who founded GroMo?
GroMo was founded by Ankit Khandelwal, Darpan Khurana in 2020.
Who are GroMo's investors?
GroMo's investors include Beyond Next Ventures, First Cheque, Kube VC, Rebel Fund, Soma Capital, Tracxn labs, VentureSouq, Y Combinator and 13 more.
How much funding has GroMo raised?
GroMo has disclosed $11M raised across 2 rounds.
Where is GroMo headquartered?
GroMo is headquartered in Gurugram, IN.