GroMo

GroMo, headquartered in Gurugram, Haryana, India, operates within the fintech industry, specifically focusing on providing a platform for independent agents to sell financial products. As a participant in the Y-Combinator W21 batch, GroMo has established a significant presence in India and South Asia. The company supports over 100 financial products including insurance, investments, credit cards, loans, savings, and Demat accounts. GroMo has partnered with notable financial brands such as IDFC Bank, Jupiter Money, Axis Bank, and Freecharge to distribute these products.

GroMo’s platform not only facilitates the sale of financial products but also aims to bridge the financial literacy gap through a tech-enabled social commerce platform. It offers comprehensive training for agents, enhancing their selling skills and enabling them to work from anywhere, which provides added flexibility. The business model requires zero investment to start, ensuring instant payouts for sales earnings and maintaining high data security for customer information. To date, GroMo’s partners have collectively earned over ₹100 Crores, with individual agents capable of earning up to ₹1 Lakh per month.