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GroMo

1 open
Gurugram, Haryana, IndiaFounded 2019100+ employeesSeries A raisedSeries APrivate
Last round: series a · $11M · Sep 2022(3 rounds total)
App for independent agents to sell financial products in India
Backed by(22 investors)
Ramakant SharmaSIG China (SIG Asia Investments)Utsav SomaniAbhishek GoyalGoodwater CapitalHauz Khas VenturesAshish SharmaKunal ShahAlok MittalNiraj SinghY CombinatorSoma CapitalAcequia Capital (AceCap)Beyond Next Ventures

App for independent agents to sell financial products in India

YC W21

About the Company

Building India's largest financial products distribution company

  • Bringing a landslide shift in the $300B+ Financial products market in India. GroMo is a Y Combinator (YC21) backed Series-A startup having raised $12M+ in overall funding .
  • We have backing from several large international funds and notable angel investors such as SIG, Y Combinator, Beyond Next Ventures, Das Capital, Kunal Shah(CRED, Freecharge), Ramakant Sharma(Livspace), Alok Mittal(Indifi, IAN), Nitin Gupta (Uni, Founder PayU), Utsav Somani (Angel list India, iSEED), Niraj Singh (Spinny), Ashish Sharma, and many more.
  • Both co-founders, Ankit and Darpan, are from IIT Delhi and have entrepreneurship experience in the tech space itself and have built (and sold) successful companies in the past
  • Our team comprises dedicated ex-entrepreneurs and mavericks who have a passion to build great things and change lives, with varied experience in companies such as Flipkart, Spinny, Policybazaar, Aviva Life, Snapdeal, Oracle, Housing, Unicommerce, Lambda Test, and many more...

At GroMo , we deeply understand how financial products such as Demat Account, Saving Account, Loans, Insurance, etc. are sold and we want to empower Millions of agents and financial advisors to sell financial products with the power of technology. Our ability to understand what customers want, build fast and iterate faster makes us stand far apart from our competitors.

It all starts with the right team — a team that deeply cares about values, customers, and each other.

Tech Stack

Stack- Node JS, Python, Java, AWS, Mongo, SQL, React Native, Kotlin. Using a Microservices architecture.

  • Looking for folks who are open to the challenge of creating an Edtech platform for agents
  • ML to suggest best products basis consumer profile
  • Microservices architecture to build a seamless product working with multiple 3rd party APIs, Insurance companies, and other service providers
  • Innovative tools to help improve the productivity of agents (Algorithm to identify potential customers, leverage data to suggest cross-selling options).

Founders

Ankit Khandelwal
Ankit Khandelwal

Ankit is the Founder and CEO of GroMo. He is a serial entrepreneur with failures and successful exits. Prior to GroMo, he was Founding Member and COO of Unicommerce (listed on NSE in India), and co-founder of Priyaasi (acquired by Mensa Brands). He graduated from IIT Delhi and has 15+ years of experience in a hedge fund, e-commerce, SaaS, fintech.

Darpan Khurana
Darpan Khurana

I am a co-founder at GroMo. Prior to GroMo, I worked with Snapdeal and Housing.com (both backed by Softbank) in various roles across Strategy, and Business Intelligence. I have also worked at Oracle as a Software Engineer. I am interested in emerging trends in Fintech both in India and across the world. I am an avid basketball follower and a big Golden State Warrior fan.

Ready to start your space career at GroMo?

Shipping like we're funded. We're not. No affiliation.

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