InCred Money, the retail wealth‑tech investment distribution arm of the InCred Group, has announced its entry into retail broking through the proposed acquisition of South Asian Stocks (SASL), which operates as ‘Stocko’.
Stocko, launched in 2013, has become a trusted name for active traders and retail investors, offering trading across equities, derivatives, commodities, and currencies. With a sleek, intuitive interface and flat-rate pricing of just ₹12.99 per order, it delivers exceptional value at scale. Stocko also offers a unique subscription plan for active traders where pricing can go as low as ₹2.99 per order.
Stocko clocks a daily notional turnover of around ₹1 lakh crore – making it one of the most active discount brokers in the country.
Following regulatory approvals, Stocko will be rebranded as InCred Stocko and integrated into InCred Money.
InCred Money offers alternative investments and FDs, to retail customers. With the addition of Stocko, InCred Money will now also offer equities and derivatives, rounding out a comprehensive investment suite for digital-first users.
Bhupinder Singh, Founder and Group CEO of InCred, said, “India’s investing ecosystem is evolving rapidly. Stocko gives us a proven platform with serious volume, and we’ll bring our tech, capital, and customer-first mindset to unlock its full potential.”
Shrey Jain, CEO of Stocko, said, “This is a massive leap forward for us. With InCred’s backing, we’ll scale faster, innovate harder, and roll out smarter products – from enhanced margin funding to sharper tech. Our goal is simple: to become one of India’s top 20 brokers in the next two years, and top 10 brokers in 4-5 years.”
