B2B manufacturing technology company Groyyo today announced that it has elevated Managing Director (Exports) Nitin Jain to the position of Co-founder.
Nitin’s elevation to this role marks a significant milestone in Groyyo's journey, reflecting his integral contribution to the company’s success and robust exports growth.
Key role in export expansion
Nitin, who spent the early years of his career leading Sales & Marketing at Wearwell Industries - building their global order book from the ground up prior to joining Groyyo, 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 & South Korea.
“We are thrilled to welcome Nitin as a co-founder and integral part of Groyyo. Our export business could not have gotten to the scale & quality it has without his painstaking effort & drive,” said Subin Mitra, Co-founder & CEO of Groyyo.
"He has been pivotal in scaling our export order book in regions like the UK & EU, bringing on board strategic customers like Next, John Lewis & 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,” Mitra added.
Vision for future growth
As co-founder, Nitin plans to further accelerate the company’s export business, enabling more small and medium enterprises (SMEs) to reach global markets and work with marquee international clients.
“Our focus will be to leverage Groyyo’s design, manufacturing, and supply chain capabilities to go deeper with our existing clients and form strategic partnerships in new markets,” he said.
Groyyo’s exports currently serve some of the largest fashion and lifestyle brands in the United States, United Kingdom, and European Union.
Groyyo, which was founded in 2021, has seen its export business grow 3X in the last 2 years and is rapidly expanding in new markets such as the US, UK & EU, catering to some of the largest fashion & lifestyle brands in these regions.
The company has been backed by global investors such as Tiger Global and Alpha Wave Global. It also raised $5.5 million in venture debt from Trifecta Capital and Lighthouse Canton earlier this year to fund its export business.