Gurugram: Groyyo, a B2B manufacturing technology company, has promoted Nitin Jain, previously Managing Director (Exports), as Co-Founder. This significant development underscores Nitin’s pivotal role in shaping the company’s robust exports strategy and driving its international expansion.
Nitin’s journey with Groyyo began at its inception, following a successful stint at Wearwell Industries, where he built their global order book from scratch. At Groyyo, he played a critical role in scaling the company’s international business, establishing a strong presence in markets such as the UK, EU, Australia, and South Korea.
“We are thrilled to welcome Nitin as a co-founder and integral part of Groyyo. Our exports business could not have gotten to the scale and quality it has without his painstaking effort and drive,” said Subin Mitra, Co-founder and CEO of Groyyo.
Mitra also highlighted Nitin’s contributions in securing marquee clients, including Next, John Lewis, and Mango, and expressed confidence that Nitin’s expanded role would enable deeper penetration in existing markets and successful entry into newer regions like Australia and South Korea.
On his elevation, Nitin Jain expressed enthusiasm for the new role, stating: “We will further accelerate our exports business, enabling more SMEs to take their businesses global and collaborate with marquee clients worldwide. Our focus will be on leveraging Groyyo’s design, manufacturing, and supply chain capabilities to deepen relationships with existing clients and build strategic partnerships in new markets.”
Since its founding in 2021, Groyyo has seen its exports business grow threefold over the past two years, catering to some of the world’s largest fashion and lifestyle brands in the US, UK, and EU.
Backed by global investors Tiger Global and Alpha Wave Global, Groyyo also secured $5.5 million in venture debt from Trifecta Capital and Lighthouse Canton earlier this year to fuel its exports growth.
