Bengaluru based social investing and stock market advisory platform StockGro has raised $13 million in a Series B1 funding round led by BITKRAFT Ventures, strengthening its capital base as it scales its presence across India’s fast growing retail investing ecosystem.
The funding comes shortly after the company secured $17 million in its Series B round from Param Capital, led by seasoned investor Mukul Agarwal. With the latest infusion, StockGro has now raised close to $90 million in equity and debt funding to date, according to industry estimates.
Founded in 2020 by former venture capitalist Ajay Lakhotia, StockGro operates a social first platform that combines expert-led market insights, AI-powered research tools and community-driven learning to help retail investors make informed trading and investment decisions. The platform enables users to learn from verified market professionals while simulating and analysing real-world trading strategies.
According to the company, the fresh capital will be utilised to expand into new geographies, strengthen its research and advisory stack, and deepen its offerings across multiple asset classes, including equities, derivatives and alternative investments.
StockGro’s growth aligns with a structural shift in India’s capital markets. When the startup was launched, India had around 4 crore demat accounts. By 2025, that number has surged past 20 crore, reflecting a sharp rise in retail participation and digital first investing behaviour.
BITKRAFT Ventures’ investment underscores growing investor interest in fintech platforms that blend community engagement with data driven advisory models. StockGro’s existing investor base includes SBI Ventures, Root Ventures and General Catalyst.
Financially, the company reported Rs 86.5 crore in operating revenue in FY24, compared to Rs 131 crore in FY23, while losses widened to Rs 101 crore. StockGro is yet to file its FY25 financials.
As competition intensifies in India’s wealth tech sector, StockGro is betting on technology, trust and education to drive its next phase of growth.
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