Groyyo Raises ₹90 Cr in Ongoing ₹200 Cr Series B to Expand Garment Supplier Network

The Gurugram-based B2B garment manufacturing platform, backed by Cornerstone Ventures, plans to grow its network of 470 manufacturers, build AI design and trend forecasting, and deepen presence across North America, Europe and the Middle East. It targets a ₹3,000 Cr revenue run rate over the next three years.

— Source publishedThu, 16 Jul, 2026, 19:33 IST·First seen Thu, 16 Jul, 2026, 20:15 IST·Source Inc42

What happened

Gurugram-based B2B garment manufacturing platform Groyyo raised ₹90 Cr in an ongoing ₹200 Cr Series B led by Cornerstone Ventures, funding factory network

Key facts

  • ₹90 Cr
  • $9.3 Mn
  • ₹200 Cr Series B
  • $50 Mn raised to date
  • 470 manufacturers
  • 45 international brands
  • ₹500 Cr FY26 revenue run rate
  • ₹3,000 Cr target

Why this matters

Groyyo's cross-continental expansion and AI tooling ambitions make it a consolidation candidate or partnership target in the fragmented B2B apparel-sourcing space, worth tracking as it deepens its Cornerstone Ventures-backed footprint.

What to watch

  • Full ₹200 Cr Series B close announcement and lead investor identity
  • Reported FY26 run-rate progress toward ₹500 Cr milestone
  • New export client wins in NA/EU/ME regions
  • Manufacturer network count updates beyond 470
  • Working capital / receivables signals in B2B garment cash cycle
  • Close remaining ₹110 Cr Series B tranche with existing or new institutional backers
  • Accelerate supplier onboarding and QC systems to support export volume
  • Launch AI design and trend forecasting product to differentiate from commodity sourcing
  • Open or deepen sales/ops presence in North America, Europe, Middle East

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