B2B manufacturing start-up Groyyo raises $4.6 mn led by Alpha Wave

Founded in July 2021 by Subin Mitra, Pratik Tiwari and Ridam Upadhyay, Groyyo has already partnered over 200 manufacturers across categories

B2B manufacturing and automation start-up Groyyo has raised $4.6 million in a seed round of funding led by Alpha Wave Incubation. Early investors Sparrow Capital and notable venture-debt fund Stride Ventures also participated in this round.

The company’s real-time production software digitises partner factories by enabling production tracking and intelligent inputs to optimise efficiency and gives them a global outreach to international and national buyers.

The start-up is focused on driving efficiency for its factory partners – and estimated they will see revenue grow by 15 per cent and profitability increase by 20 per cent.

Founded in July 2021 by Subin Mitra, Pratik