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GroMo
India
2019 (6 Years)
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Traffic & Engagement
3.33
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know GroMo
Company Information
Get to know GroMo
GroMo is a FinTech marketplace helping users sell financial products such as loans, insurance, and investments. The company builds a tech-enabled social commerce platform for agents to improve access to better financial products for consumers and also bridge the financial literacy gap by helping them choose the right offerings. GroMo was founded in 2019 and is headquartered in Gurgaon, Haryana, India.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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