GroMo
Increasing accessibility of financial products in India. Enabling lakhs of microentrepreneurs to sell financial products
673 employees · est. 2019 · Gurgaon, India
Oval Money is the older company (2019 vs 2016); GroMo is the larger of the two.
Side-by-Side Comparison
| Metric | GroMo | Oval Money |
|---|---|---|
| Founded | ||
| Founded | 2019 | 2016 older |
| Headquarters | ||
| Headquarters | Gurgaon, India | London, United Kingdom |
| Employees | ||
| Employees | 673 larger | 17 |
| Industry | ||
| Industry | Finance, Insurance, Insurtech | Finance, Financial Services, Fintech |
| Funding Stage | ||
| Funding Stage | Series A | Equity Crowdfunding |
| Total Funding | ||
| Total Funding | $51.00M | $9.06M |
| Funding Rounds | ||
| Funding Rounds | 3 | 8 |
| Services | ||
| Services | Not tracked yet | Not tracked yet |
| Target Customers | ||
| Target Customers | Not tracked yet | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Financial Inclusion, Micro-entrepreneurs, Financial Empowerment, Financial Products, Income Generation, Fintech App, Financial Advisory, Sales Network, PlayStore App, Business Opportunity, Socio-economic Impact | Financial Management, Personal Finance, Savings App, Investment App, Financial Coaching, Smart Payments, Expense Tracking, Goal Realization, Financial Literacy, Digital Natives, Flexible Income, Behavioral Economics, Financial Inclusion, London-based Startup, Turin-based Startup |
| Website | ||
| Website | gromo.in | ovalmoney.com |
About GroMo
GroMo is a financial technology startup based in India with the slogan "Increasing accessibility of financial products in India. Enabling lakhs of microentrepreneurs to sell financial products." Founded in 2019, GroMo is focused on addressing the limited penetration of financial products in India by...
About Oval Money
Oval Money is a dynamic fintech company founded in 2016, operating with a dual-brand strategy – Oval and OvalX. It offers two key products: the Oval app, which facilitates automatic and recurring savings and investments, and the OvalX trading platform, providing access to Forex, Indices, Shares, and...
We will tell you when either one moves
BounceWatch watches GroMo and Oval Money for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at GroMo and Oval Money — by email.
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Compiled from the BounceWatch company index. We last looked at GroMo on 11 Sep 2024, and Oval Money on 11 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.