Founded in 2021, the B2B manufacturing technology company- Groyyo has now elevated its Managing Director- Exports, Nitin Jain who was associated with the company for over one-and-a-half years in the past, to the position of Co-Founder.
This development marks a significant milestone in the company’s journey, and reflects Jain’s integral contribution to Groyyo’s success and robust exports growth.
During his time at Groyyo, he played a significant role in architecting Groyyo’s exports shift and drove the expansion of the company’s international business to markets ranging from the UK, EU to even Australia and South Korea.
That being said, prior to joining Groyyo, Jain spent the early years of his career leading Sales and Marketing at Wearwell Industries during which he was responsible for building their global order book from the ground up.
Groyyo has been backed by global investors such as Tiger Global & Alpha Wave Global. The company also raised $5.5M In Venture Debt from Trifecta Capital & Lighthouse Canton earlier this year to fund its exports business.
Commenting on his elevation, Jain said, “We will further accelerate our exports business enabling more and more SME’s to take their business global and work with some of the most marquee clients globally. Our focus will be to leverage Groyyo’s Design, Manufacturing & Supply chain capabilities to not only go deeper within our existing clients but also form additional strategic partnerships in newer markets.”
To this, Subin Mitra, Co-founder and CEO, Groyyo, added, “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 & quality it has without his painstaking effort and drive.”
“He has been pivotal in scaling our exports order book in regions like the UK and EU, bringing on-board strategic customers like Next, John Lewis and Mango. We are confident his larger role will not only enable us to double down on these markets but also expand into newer & more exciting ones like Australia & South Korea,” he added.