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Funding

StockGro raises ₹205 Cr debt round

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StockGro logo
Date
Company
StockGro
What it does
Social investing platform
Kind
Funding
Amount
₹205 Cr
Stage
Debt
Based in
Bengaluru
Founded
2020

What they do

Trifecta Ventures gave Rs 120 crore through 1,200 non-convertible debentures, which are loan notes that cannot become shares

What happened

Hindustan Media Ventures added Rs 85 crore through 8,708 optional convertible debentures, loan notes that may turn into shares

Why it matters

Filings say the money is for business expansion and extra financing needs

The details

  • Rs 205 crore debt in two tranches.
  • Trifecta put in Rs 120 crore.
  • Hindustan Media Ventures put in Rs 85 crore.
  • Use: expansion and working capital.

Investors

About StockGro

Product
investment advisory platform
Customers
First-time and active retail investors
How it makes money
Provides a social-first investing and advisory platform with expert-led research and education
What sets it apart
Combines SEBI-registered experts, AI-powered research and a community-led experience

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