The Gurugram-based B2B garment manufacturing platform Groyyo has raised ₹90 crore ($9.3 million) to bolster its AI-driven supply chain capabilities, expand its factory partnerships, and deepen market presence in North America, Europe, and the Middle East.
- Raised ₹90 Cr as part of ₹200 Cr Series B round led by Cornerstone Ventures
- Operates AI-based design, production, and logistics platform for 470+ manufacturers
- Targets revenue growth from ₹500 Cr to over ₹3,000 Cr within three years
What happened
Groyyo, an Indian B2B garment manufacturing startup, secured ₹90 crore (approximately $9.3 million) in a tranche of its ongoing ₹200 crore Series B funding round led by Cornerstone Ventures, including existing investors. This capital injection aims to expand Groyyo's network of factories and enhance its AI-driven platform that supports design, trend forecasting, production tracking, quality control, and logistics for apparel brands.
Since its founding in 2021, Groyyo has rapidly grown its verified manufacturer network to over 470 and supported more than 45 international brands across 10 countries. The company also offers software tools to help factories manage operations such as inventory, compliance, and financing, setting itself apart in the competitive B2B apparel sourcing market.
Why it matters
The fresh funding round strengthens Groyyo’s position in a global apparel sourcing market worth $120 billion, especially as fashion brands seek to diversify supply chains away from China. The company’s AI-powered platform helps compress timelines from design to delivery, offering greater speed, transparency, and reliability—key attributes demanded by modern brands.
Groyyo’s international expansion in North America and Europe, including a strategic majority stake acquisition of New York-based Oussum Inc, has already contributed to a strong revenue run rate of ₹500 crore in FY26 with category-leading profit margins. The startup now aims to scale rapidly to reach revenues exceeding ₹3,000 crore within the next three years.
What to watch next
Investors and market watchers will track Groyyo’s execution on scaling its AI infrastructure and factory network without diluting partner trust. Its ability to deepen penetration in priority geographies like the US, UK, and Middle East will be crucial to maintaining momentum against competitors like Fashinza, Geniemode, and broader B2B supply chain platforms.
Additionally, observing how Groyyo leverages advanced AI tools for trend intelligence and production optimization could set new standards for technology adoption in apparel manufacturing. The startup’s revenue trajectory and margin sustainability will be key indicators of success as it targets a tripling of revenue in a relatively short timeframe.