Groyyo ropes in ThreadSol’s Abhishek Srivastava as CTO

17 Jan 2023 , 01:07 PM

Groyyo, a manufacturer-first, cross-border supply chain enablement startup in fashion and lifestyle, announced the appointment of Abhishek Srivastava, former co-founder and CTO of ThreadSol, as its new chief technology officer.

Under his leadership, the company will transform its technology team in order to further develop its tech stack in order to achieve its mission of digitizing over 20 million SMEs across Asia. The firm will aggressively invest in technology, budgeting $5 million for technology investment over the next 12-18 months.

He has nearly 20 years of experience in technology and manufacturing.

ThreadSol was built from the ground up by him and his team, who digitized 250+ enterprise manufacturers across Asia. Blume Ventures, Rajan Anandan (Sequoia Capital India MD), and Narayana Murthy were among the early investors in the startup.

So far, the company has raised $45 million in funding from notable investors such as Alpha Wave Incubation (backed by Abu Dhabi’s ADQ) and Tiger Global.

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