Gurugram, India,January 28, 2025: The fastest-growing manufacturing technology and consulting firm in Asia, Groyyo, today declared that it has achieved a major milestone in its quest for long-term profitability by turning EBITDA positive. Groyyo’s operational excellence and targeted business strategy have led to this accomplishment, which positions the company as a major facilitator of global supply chain and manufacturing solutions.
Over 90% of Groyyo’s production is exported to prestigious foreign customers, such as Next, Mango, Inditex (Zara Parent), Ross, and the Bestseller Group. This is the cornerstone of the company’s business strategy. Groyyo Design Studio, which curates in-house designs based on client specifications, is the company’s main driver of growth, making design-led exports a key differentiator.
Furthermore, Groyyo Consulting has been instrumental in converting partner factories—including those that are solar-powered—into “Groyyo Standard” establishments. The company guarantees that its partner manufacturers fulfill international quality standards and operate with maximum efficiency by putting advanced technologies and global compliance frameworks into place.
By the end of FY25, Groyyo is expected to reach a run rate of INR 450–500 crore thanks to strong expansion in its design-led export sector and efficient supply chain operations. The company’s emphasis on value creation and operational efficiency has been crucial in maintaining positive EBITDA for the last three to four months, as seen by gross profit margins that have reached 20%.
Subin Mitra Groyyo CEO
Commenting on the milestone, Subin Mitra, CEO & Co-founder of Groyyo, said, “Becoming EBITDA positive is a testament to the strength of our business model and our team’s relentless pursuit of excellence. By combining cutting-edge design capabilities with a strong emphasis on technology and efficiency, we are not only enabling global manufacturers but also redefining what it means to be a trusted partner in the supply chain ecosystem. This milestone motivates us to aim higher as we expand our global footprint and solidify our position as a leader in the industry.”
Groyyo has also been strengthening its leadership team with key hires.
About Groyyo
Groyyo is the world’s first manufacturer focussed automation platform, bringing millions of manufacturing MSMEs together on a single platform, and helping them grow their business. Founded in July 2021, by Subin Mitra and Pratik Tiwari, Groyyo was started to introduce technology to the neglected small-scale factories in Gurgaon with an order management app. The company has empowered over 500 manufacturers across 175+ product categories in more than ten countries by maximizing their manufacturing potential.
