Groyyo Raises ₹90 Crore from Cornerstone Ventures to Scale AI-Driven Fashion Supply Chain

Groyyo has secured ₹90 crore in funding led by Cornerstone Venture Partners, with participation from existing investors. Groyyo is an AI-driven fashion supply chain startup. The funds will be utilized for AI technology, supply chain expansion, and international growth.

Groyyo was founded in 2021 by Mohit Jaipuria, Abhishek Shah, and Udit Jain.

Groyyo's previous funding rounds:

  • In 2022, the company raised approximately $4.6 million in a seed funding round, with participation from Sparrow Capital, Alpha Wave Global, and other investors.
  • In 2023, it secured approximately $40 million in a Series A funding round, featuring investors such as Tiger Global, Alpha Wave Global, Sparrow Capital, and Stride Ventures.
  • In 2026, it raised ₹90 crore (approximately $9.3 million) in a Series B funding round, led by Cornerstone Ventures with participation from existing investors.

Across all funding rounds, Groyyo has raised approximately $54 million, demonstrating investor confidence in the startup.