StockGro, a Social investment and stock market advisory platform, has raised $13 million from BITKRAFT Ventures as part of its Series B1 funding round.
The funds raised will be used to expand into new geographies, enhance its advisory and research capabilities, and deepen its presence across multiple asset classes, including equities and other investment products. The company is also investing in its AI-powered research stack to deliver more data-driven insights to users.
The new funding comes days after the Bengaluru-based startup raised ₹150 crore from Mukul Agrawal, founder of Param Capital.
Founded in 2020 by former venture capitalist Ajay Lakhotia, StockGro is a fintech platform that connects users with SEBI-registered advisors for stock market guidance. It offers investment advisory services, portfolio support, and educational resources aimed at helping individuals better understand capital markets.
StockGro operates a social-first and community-led platform that combines expert-driven insights with AI-powered research tools. The company is working towards building a full-stack ecosystem to support informed trading and investing decisions for retail participants.
To date, StockGro has raised about $90 million through a mix of debt and equity. Its notable backers include SBI Ventures, Root Ventures, and General Catalyst.
Ajay Lakhotia, Founder & CEO, StockGro, said, “We started StockGro with a simple belief: every Indian, not just a few, should have access to the kind of guidance and research that builds real, lasting wealth. With this Series B round led by BITKRAFT, we’re doubling down on India—bringing SEBI-registered experts, institutional-grade research, and AI-powered tools into a single experience that helps investors across Bharat make better, more confident decisions in the markets. In just five years, India has gone from a few crore demat accounts to over 20 crore, and this is only the beginning of the country’s wealth-creation journey. StockGro’s role is to ensure this participation is not just broad, but also deep—so that first-time investors evolve into informed, long-term wealth builders.”
Carlos G. Pereira, General Partner at BITKRAFT Ventures, said, “India is one of the most dynamic investing markets in the world right now, with a young, digital-first population that is reshaping how financial products are discovered and used. StockGro sits at the intersection of advisory, community and technology, and has focused on helping Indians learn, discuss and act on investment ideas in one place. Ajay and the StockGro team have shown a strong understanding of the Indian retail investor, and a clear product vision that blends engaging content with investment education and technology. We are excited to support StockGro as it continues to seek innovation at the frontier of how people learn and invest in various asset classes.”
