Fintech startup GroMo raises $11 million in Series A round

Fintech platform GroMo has secured $11 million in Series A funding round led by SIG Venture Capital. The funding round also saw participation of Y Combinator, Goodwater Capital, Beyond Next Ventures, Soma Capital, ACE & Company and Hauz Khas Ventures. The startup also received funds from angel investors including CRED Founder Kunal Shah, Uni Cards CEO Nitin Gupta.