Companies · Fintech

GroMo, Inc.Winter 2021Active

NAPERVILLE · HR, India · Fintech · refined from filed group “Other Technology · founded 2021 · https://www.gromo.in

Diligence memoA one-page analyst read on GroMo, Inc. — recommendation, valuation, rhythm, risks.
$11.0M
Total raised · real
1
Rounds
Latest step-up
Top 12%
Sector rank · raised
Series A
Latest stage · inferred · Thu Jun 09 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

GroMo, Inc. looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the fintech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 2.21× the median modeled value of Series A Fintech companies in 2022–2024 (32 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.1 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Fintech

GroMo, Inc. is one of 1063 Fintech companies tracked from NAPERVILLE, HR, India, on record since 2021. By capital raised it ranks in the upper tier (ahead of 89% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

App for independent agents to sell financial products in India

GroMo (YC W21) is building India's largest financial products distribution company. GroMo has built a network of 1.2 million agents on its platform. GroMo has built a tech-enabled social commerce platform that helps agents not only improve access to better financial products for consumers, but also bridge the financial literacy gap by helping them choose the right offerings. Currently, GroMo is distributing a broad spectrum of 100+ financial products across Insurance, Investments, Credit Cards, Loans, Saving & Demat accounts, etc. from brands such as IDFC Bank, Jupiter Money, Axis Bank, Freecharge, etc.

FintechInsuranceinsurance
Find GroMo, Inc. online

As reported in public records reported — not modeled.

IN
Jurisdiction
Rule 506(b)
Reg D exemption
34
Investors (latest)
2020
Year incorporated
2022-06-09
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$50M$100M$150M$200MSeries A · 2022-06-09 Raised $11M (real) Modeled valuation $141M (est)$11M$141MSeries A2022

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$11.0M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$141.3M
Base estimate est.
$14.4M
Conservative case
$491.4M
Upside case
$50.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
53%
Survival probability
29% low · 72% high
1.51×/yr
Annual markup
1.90×/yr upside case
4.1 yr
Elapsed time used
4.1 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
4.1 yr
On record since
2022
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 2.6× above median
This company$11.0M
Sector median$4.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.8× above median
This company$11.0M
Sector median$6.1M
Modeled value — vs sector median (estimate, all stages) 3.1× above median
This company$141.3M
Sector median$45.0M

Raised more than 89% of sector peers (real $). Modeled value above 91% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #6 of 32.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Thndr · Series A Raised $20.0M · modeled $294.6M (est)Peach Payments · Series A Raised $31.0M · modeled $284.2M (est)Bite Ninja, Inc. · Series A Raised $15.4M · modeled $164.7M (est)Kinside Inc. · Series A Raised $16.7M · modeled $151.9M (est)Plerk Holdings LLC · Series A Raised $12.0M · modeled $142.8M (est)RYSE Inc. · Series A Raised $10.0M · modeled $112.6M (est)Neural Payments, Inc. · Series A Raised $13.2M · modeled $107.0M (est)Bizao · Series A Raised $8.2M · modeled $100.4M (est)Purestream Trading Technologies Inc. · Series A Raised $24.9M · modeled $90.4M (est)Ccl Trading Co Inc · Series A Raised $7.5M · modeled $90.1M (est)Pioneer Valley Trading Company, Llc · Series A Raised $8.0M · modeled $83.8M (est)GroMo, Inc. (this company) Raised $11.0M · modeled $141.3M (est)GroMo, Inc.
CompanyStageRaised · realValue · estvs peer med.
ThndrSeries A$20.0M$294.6M4.60×
Peach PaymentsSeries A$31.0M$284.2M4.44×
Bite Ninja, Inc.Series A$15.4M$164.7M2.57×
Kinside Inc.Series A$16.7M$151.9M2.37×
Plerk Holdings LLCSeries A$12.0M$142.8M2.23×
GroMo, Inc. this companySeries A$11.0M$141.3M2.21×
RYSE Inc.Series A$10.0M$112.6M1.76×
Neural Payments, Inc.Series A$13.2M$107.0M1.67×
BizaoSeries A$8.2M$100.4M1.57×
Purestream Trading Technologies Inc.Series A$24.9M$90.4M1.41×
Ccl Trading Co IncSeries A$7.5M$90.1M1.41×
Pioneer Valley Trading Company, LlcSeries A$8.0M$83.8M1.31×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$11.0M2022-06-09$50.0M$141.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$11.0M2022-06-09
    • First recorded raise — entered as Series A.
    • 34 investors on this round.
Intelligence
Modeled next raise
$17.6M
Modeled next size est.range $11.4M$28.1M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Ankit Khandelawal2022-06
Darpan Khurana2022-06
Registry & provenance

GroMo, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
IN
Jurisdiction
1859612
SEC CIK
2020
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
RaenestFintechSeries A$11.0M$46.7Msame sector · same stage
Wildlife Partners Raleigh Wealth Solutions EBP 2FintechSeries A$11.0M$45.7Msame sector · same stage
VersiFi Trading, Inc.FintechSeries A$10.8M$76.4Msame sector · same stage
Kappa Pay Inc.FintechSeries A$10.7M$52.9Msame sector · same stage
Service Trading Company, Inc.FintechSeries A$10.2M$103.5Msame sector · same stage
Summit Pay, Inc.FintechSeries A$11.9M$34.1Msame sector · same stage
Plerk Holdings LLCFintechSeries A$12.0M$142.8Msame sector · same stage
iBlockchain Bank & Trust Technologies Co.FintechSeries A$10.0M$143.3Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Cuanto
Building the operating system for developing world merchants
Fintech74%
Bimaplan
Affordable insurance for the next billion Indians
Fintech73%
OneFin
Shopify for Financial Services
Fintech73%
Groww, Inc.
Making financial services simple, transparent and delightful.
Other TechnologySeries D+$5.7B73%
yBANQ
yBANQ is building a Bill.com for India to simplify collections and…
Fintech73%
RedCarpetUp
Credit cards for Indians that banks cannot see
Fintech72%
Clear
Fintech SaaS platform for invoices, taxes, wealth management & credit.
Fintech72%
Bolster
The platform for buying, selling and managing residential construction
Fintech72%
Frequently asked
How much funding has GroMo, Inc. raised?
GroMo, Inc. has raised approximately $11.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is GroMo, Inc.'s estimated valuation?
Provath's modeled valuation for GroMo, Inc. is approximately $141.3M (modeled range $14.4M–$491.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is GroMo, Inc. at?
GroMo, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Jun 09.
What does GroMo, Inc. do and where is it based?
GroMo, Inc. operates in the Fintech sector, based in NAPERVILLE, HR, India. App for independent agents to sell financial products in India
Explore related

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