StockGro raises $13M in Series B1 round from BITKRAFT Ventures

Investment advisory platform StockGro has raised $13 million as part of its Series B1 funding round from BITKRAFT Ventures.

The fresh capital will be used to support geographic expansion, enhance its advisory and research capabilities and strengthen its presence across multiple asset classes.

Read also- Healthcare edtech startup Virohan raises Rs 65 crore funding from Japan's Mynavi Corporation

“With this round led by BITKRAFT, we’re doubling down on India—bringing SEBI-registered experts, institutional-grade research, and AI-powered tools into a single experience that helps investors across Bharat make better, more confident decisions in the markets,” StockGro’s founder and CEO Ajay Lakhotia said.

Carlos G. Pereira, General Partner at BITKRAFT Ventures, said, “India is one of the most dynamic investing markets in the world right now, with a young, digital-first population that is reshaping how financial products are discovered and used. StockGro sits at the intersection of advisory, community, and technology, and has focused on helping Indians learn, discuss, and act on investment ideas in one place.”

Founded in 2020 by Lakhotia, the Bengaluru-based StockGro is a social investment and educational app that helps users learn about stock market trading and investments. The platform targets India’s growing base of first-time and serious retail investors.

Built on a hybrid edtech-fintech model, StockGro has grown to serve over 35 million users and partnered with more than 1,500 educational institutions across India.

Advertisment

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Latest Business and Startup News: Discover Funding Trends and Stories Shaping Indian Startups.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges, and achieving success.