Nitin Jain, Managing Director (Exports) of Groyyo, a B2B manufacturing technology business, has been promoted to Co-Founder. A major turning point in Groyyo’s history, Nitin’s promotion to this position reflects his crucial involvement in the company’s success 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.
By bringing on crucial clients like Next, John Lewis, and Mango, he has played a key role in growing our export order book in areas like the UK and EU. We are certain that his expanded position will allow us to enter additional and more intriguing areas, such as Australia and South Korea, in addition to doubling down on present ones,” Mitra continued.
Nitin, who has been with Groyyo since the beginning, expressed his excitement at taking on the role of co-founder and continuing to lead the company’s expansion and export strategy.
“We will continue to grow our export business, allowing more and more SMEs to expand internationally and collaborate with some of the most prestigious clients in the world.” Utilizing Groyyo’s Design, Manufacturing, and Supply Chain expertise will be our main goal in order to establish more strategic alliances in emerging markets as well as to reach out to our current clientele,” he stated.
Founded in 2021, Groyyo has witnessed a threefold increase in its export business in the last two years. The company is also fast growing into new areas, including the US, UK, and EU, where it serves some of the biggest fashion and lifestyle companies in these regions.
Global investors like Tiger Global and Alpha Wave Global have supported Groyyo. Earlier this year, the company secured $5.5 million in venture debt from Lighthouse Canton and Trifecta Capital to finance its exporting operations.
