Groyyo Secures $10.26 Million in Series B Funding Led by Cornerstone Ventures

Groyyo Raises $10.26 Million in Series B Funding

On July 18, 2026, Groyyo, an AI-driven fashion supply chain platform, announced the successful closure of a $10.26 million (Rs 90 crore) Series B funding round. The investment was led by Cornerstone Ventures.

Company Overview

Founded in 2021 by Subin Mitra and Pratik Tiwari, Groyyo operates a B2B platform that connects international fashion brands with apparel manufacturers. The startup's technology facilitates the entire production process, from design and costing to production planning, quality checks, and logistics. As Co-Founder and CEO Subin Mitra explained, "Fashion supply chains have run on relationships and spreadsheets for decades. We set out to build the operating system that the industry actually needs."

Strategic Use of Funds

Groyyo plans to utilize the fresh capital to expand its manufacturing network and enhance its AI-powered design and trend-forecasting tools. Additionally, the company aims to increase its market presence in North America, Europe, and the Middle East. This expansion is part of a broader strategy to support India's National Manufacturing Mission by generating export demand for small and medium-sized apparel manufacturers, improving factory capacity utilization, and establishing new manufacturing hubs in India.

Bridging a Fragmented Market

Groyyo's platform addresses the fragmentation in the fashion supply chain market by providing tools that improve production efficiency and visibility. According to Subin Mitra, "Fashion supply chains are one of the largest, most fragmented markets that technology hasn’t fully touched." The company currently collaborates with over 470 manufacturers and 45 international brands across 10 countries.

Conclusion

With this latest round of funding, Groyyo is well-positioned to continue its growth trajectory and further innovate in the fashion supply chain sector. The backing from Cornerstone Ventures underscores the potential of Groyyo's platform to transform the industry by leveraging AI and enhancing global supply chain connectivity.