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Funding · Financial Services

StockGro to raise $10–15 million led by Tawuniya

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StockGro logo
Date
Company
StockGro
What it does
stock market advisory platform
Kind
Funding
Amount
$10–15 million
Stage
pre-Series C
Founded
2020
Sector
Financial Services

What they do

StockGro is a stock market advisory platform offering AI-based research and community-driven investing tools

What happened

The company is raising $10–15 million in a pre-Series C round led by Tawuniya, Saudi Arabia’s largest insurance company

Why it matters

StockGro has raised $97 million in total from investors including General Catalyst, SBI Holdings, and SoftBank

The details

  • StockGro is raising $10–15 million in a pre-Series C round led by Tawuniya, Saudi Arabia’s largest insurance company.
  • The company offers a social investing platform with AI-based research and community-driven tools for retail investors.
  • StockGro recently launched Stoxo, a research platform that provides ready-to-use investment analysis to its 35 million users.
  • The company is in advanced discussions for the round, with terms nearly finalised.
  • StockGro previously raised $13 million in its Series B1 round in January 2026 from Bitkraft Ventures.

The bigger picture

  • The company has raised $97 million in total from investors including General Catalyst, SBI Holdings, and SoftBank.
  • StockGro’s revenue from operations declined 34% to Rs 86.5 crore in FY24 from Rs 131 crore in FY23.
  • The company’s losses widened 84% to Rs 101 crore in FY24.
  • StockGro competes with firms like Groww, Zerodha, Upstox, INDmoney, and Angel One in India’s retail investment market.

About the business

  • StockGro is a stock market advisory platform that provides AI-based research and community-driven investing tools.
  • The company offers a platform for trading and investing with expert insights and AI-based research.
  • StockGro recently launched Stoxo, a research platform that gives its 35 million-plus users ready-to-use investment analysis.
  • The company operates in India’s retail investment market and competes with Groww, Zerodha, Upstox, INDmoney, and Angel One.
  • StockGro focuses on social investing and research-led tools to scale its presence in the segment.

The deal

Type
funding

Investors

  • Tawuniya (lead) — Saudi Arabia’s largest insurance company.

Founders

  • Ajay Lakhotia, founder

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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