Fintech platform GroMo, founded by IIT Delhi alumni, distributed Rs 100 crore in payouts to partner agents.

GroMo, a fintech platform founded by IIT Delhi alumni, has announced that it has distributed Rs 100 crore in payouts to its partner agents. The company aims to achieve Rs 1,000 crore in earnings for the GroMo partner agents in the next five years. GroMo has expanded its product portfolio from 25 to over 160 financial products in the past couple of years and currently operates across 19,000 pin codes in India. The company aims to double its workforce size within the coming year and introduce innovative products to enhance overall user experience.

February 10, 2024
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