Gurugram, December 26, 2024: Nitin Jain, Managing Director (Exports) at Groyyo, a B2B manufacturing technology firm, has been promoted to Co-Founder. Nitin’s promotion to this position is a critical turning point in Groyyo’s history and acknowledges his crucial involvement in the company’s prosperity and strong export expansion.
Prior to joining Groyyo, Nitin led Sales & Marketing at Wearwell Industries for the first few years of his career, creating their global order book from the ground up. He was instrumental in designing Groyyo’s export strategy and spearheading the company’s international business expansion into markets as diverse as the UK, EU, Australia, and South Korea.
“We are ecstatic to have Nitin join Groyyo as a co-founder and essential member. Without his tireless work and determination, our export company would not have reached its current level of size and quality,” stated Subin Mitra, co-founder and CEO of Groyyo.
For the first several years of his career, Nitin oversaw Sales & Marketing at Wearwell Industries, building their global order book from the ground up before joining Groyyo. He played a key role in creating Groyyo’s export plan and leading the company’s global business expansion into areas as varied as South Korea, Australia, the UK, and the EU.
“We are thrilled that Nitin is now a co-founder and vital part of Groyyo. Our export business would not have grown to its current size and caliber without his unwavering efforts and perseverance,” said Subin Mitra, co-founder and CEO of Groyyo.
Groyyo Appoint Senior Leader Nitin Jain as Co-Founder To Drive GrowthNitin, who joined Groyyo on its journey from day one, said he was excited to step into the role of Co-founder and continue driving the company’s exports strategy & growth.
“We will further accelerate our exports business enabling more & 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,” he said.
Groyyo, which was founded in 2021, has seen its exports 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.
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.