Tiger Global, a private equity firm, led a $40m series A funding round in Groyyo, a B2B manufacturing and supply chain enablement company, with participation from Alpha Wave Global, Sparrow Capital, Stride Ventures, Bahram Vakil and Vineet Gautam. The funds raised will be utilised to scale up the team across manufacturing clusters in India and Bangladesh and key demand belts in the United States and European Union. The company will also invest aggressively in product and technology development to create a more efficient and sustainable ecosystem. “The SME Manufacturing ecosystem in the fashion & lifestyle segments across South Asia is extremely disaggregated yet at a tipping point. Having spent a considerable amount of time with manufacturers across South Asia, I have seen first-hand their hunger and zeal to grow and take their business global. Our vision at Groyyo is to partner with these 20m+ SME Manufacturers in their quest to scale their business," Subin Mitra, Groyyo Co-Founder & CEO.