Funding
StockGro starts Series B with ₹150 Cr
By Startup Enthusiast ·
- Date
- Company
- StockGro
- What it does
- Social investing platform
- Kind
- Funding
- Amount
- ₹150 Cr
- Stage
- Series B
- Based in
- Bengaluru
- Founded
- 2020
What they do
Filings show the company issuing new preferred shares to investor Mukul Agrawal and his affiliates, worth Rs 150 crore in all
What happened
Rs 100 crore of the amount is fully paid, while the other Rs 50 crore comes in partly paid shares
Why it matters
Talk of the round put the company's value above $360 million, and it also enlarged its employee stock option pool
The details
- Series B of Rs 150 crore (about $17 million).
- Mukul Agrawal and affiliates subscribed.
- Rs 100 crore was fully paid, Rs 50 crore partly paid.
- An earlier Rs 50 crore convertible debt was to convert in this round.
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
More on StockGro
- StockGro files confidential IPO papers29 September 2026 · IPO · ₹2,500 Cr
- StockGro aims to guide next 100 million investors30 July 2026 · Analysis
- StockGro unveils proprietary financial AI model Stoxo19 June 2026 · Launch
- StockGro to raise $10–15 million led by Tawuniya19 February 2026 · Funding · $10–15 million
- StockGro raises $13 Mn in Series B119 December 2025 · Funding · $13 Mn
- StockGro raises ₹50 Cr debt from Trifecta3 September 2025 · Funding · ₹50 Cr
- StockGro launches Stoxo AI research engine2 September 2025 · Launch
- StockGro partners Zomato for delivery partners20 February 2025 · Partnership