Groyyo appoints Nitin Jain as co-founder (#1688611)

Business to business manufacturing technology company Groyyo has named Nitin Jain as a co-founder. Jain’s elevation within the business reflects the executive’s contribution to Groyyo’s growth thus far. 

“We are thrilled to welcome Nitin as a co-founder and integral part of Groyyo,” said the business’ co-founder and CEO Subin Mitra in a press release. “Our exports business could not have gotten to the scale and quality it has without his painstaking effort and drive.”

Jain has worked with Groyyo since its inception and his previous position at the company was managing director of exports. Jain has been an integral part of the business’ expansion into markets including UK, EU, Australia, and South Korea, according to Groyyo. 

“We will further accelerate our exports business enabling more and more SME’s [small and medium enterprises] to take their business global and work with some of the most marquee clients globally,” said Jain. “Our focus will be to leverage Groyyo’s design, manufacturing, and supply chain capabilities to not only go deeper within our existing clients but also form additional strategic partnerships in newer markets.”

Groyyo was established in 2021 and has reported a threefold increase in its exports business over the past two years. The business is focusing on expanding into new global markets including the UK, US, and EU to connect with fashion and lifestyle brands in these regions. The business counts Tiger Global and Alpha Wave Global as investors.