Social investing and stock market advisory platform StockGro is set to secure up to $15 million in its pre-Series C funding round, with Tawuniya, Saudi Arabia’s largest insurance company, as the primary investor. The Bengaluru-based firm, founded in 2020 by Ajay Lakhotia, specializes in providing a platform for trading and investing supported by expert insights and AI-based research in a community-driven format. Recently, StockGro introduced Stoxo, a research platform tailored to offer investment analysis to its user base exceeding 35 million individuals.
This forthcoming investment follows the recent closure of StockGro’s Series B1 round in January 2026, where $13 million was raised from Bitkraft Ventures. Prior to that, the company secured $17 million in a Series B round led by Mukul Agrawal’s Param Capital.
StockGro, having amassed a total of $97 million in funding from various sources including General Catalyst, SBI Holdings, and a SoftBank subsidiary, continues to expand its presence in India’s retail investment market. Although the company’s FY25 financial statements are pending, its FY24 figures revealed a 34% decline in revenue to Rs 86.5 crore and an 84% widening of losses to Rs 101 crore.
Competing with key players like Groww, Zerodha, and Upstox in the retail investment sector, StockGro differentiates itself through a focus on social investing and research-oriented tools as it aims to enhance its market footprint.
Source: Entrackr : Latest Posts