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.
Subin Mitra, Co-founder & CEO, Groyyo said that the company was excited to welcome Nitin as co-founder and added that the company’s export business’ scale and quality are a result of his efforts and drive.
He has played a key role in expanding the export order book in areas like the UK and the EU and bringing on board important clients like Mango, John Lewis, and Next. According to Mitra, the company is certain that his expanded role would allow it to not only increase its presence in these regions but also to enter more recent and intriguing ones like Australia and South Korea.
Nitin, who has been with Groyyo since the beginning, expressed his excitement at taking on the role of co-founder and would continue to lead the company’s expansion and export strategy.
Established in 2021, Groyyo has witnessed a threefold increase in its export business in the past two years and is fast entering new markets in the US, UK, and EU, where it serves some of the biggest fashion and lifestyle companies in these areas.
Global investors like Tiger Global and Alpha Wave Global have supported Groyyo. Earlier this year, the company raised US $ 5.5 million in venture debt from Lighthouse Canton and Trifecta Capital to finance its exporting operations.
