Fundraising Fox

GroMo

YC W21

Gurugram, IN · Founded 2020 · 100 employees · Hiring · 8 known investors

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 KhandelwalinFounder 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 Khuranain𝕏FounderHe previously held positions in strategy and business intelligence at Snapdeal and Housing.com, and worked as a software engineer at Oracle.

Investors · 8

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.

Competitors · 7

by search overlap
Vocal88 shared keywordsVocal is an online publishing platform where creators write and publish stories, join communities around shared interests, and enter themed storytelling contests with cash prizes. It curates and highlights top stories and features creators across a range of content categories.
Freelancer62 shared keywordsFreelancer operates an online marketplace connecting businesses with a global network of freelance professionals for services such as app design, architecture, and AI development. It also offers enterprise workforce solutions, an innovation challenges program, and an API for on-demand access to its freelancer pool.
Quicken53 shared keywordsQuicken offers a personal finance management product and runs an affiliate program, hosted on the Impact platform, that pays partners for referred sign-ups and sales. Affiliates receive tracking links, creatives, and monthly payments.
Spocket51 shared keywordsSpocket is a dropshipping platform that connects entrepreneurs with suppliers globally and provides inventory management, logistics integration, and fulfillment services. The platform serves e-commerce businesses of all sizes looking to source and sell trending products.
Printify49 shared keywordsPrintify is a print-on-demand platform that enables entrepreneurs to build eCommerce businesses by connecting them with a global network of printing providers. The service allows merchants to sell custom products without upfront inventory investment or cash outlay.
Adityabirlacapital47 shared keywordsAditya Birla Capital is a listed non-banking financial company (NBFC) and holding company for financial services businesses, offering loans, investments, insurance, and payments to retail and business customers. It operates a nationwide network of branches and agents across India, with subsidiaries covering housing finance, life and health insurance, mutual funds, stock broking, and pension management.
Wise45 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.

Companies competing with GroMo for the same Google search keywords, organic and paid, via search-intersection analysis.

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, Tracxn labs, Y Combinator, ACE & Company, Goodwater Capital, Soma Capital.
How much funding has GroMo raised?
GroMo has disclosed $11M raised across 2 rounds.
Where is GroMo headquartered?
GroMo is headquartered in Gurugram, IN.
GroMo — Investors & Founders | Fundraising Fox