StockGro is India's first social trading platform with a clear mission of "Making Investment Social." Founded in 2020, StockGro operates in the Financial Services and Trading Platform industries, with its headquarters in India. In a recent development, StockGro secured a significant amount of INR2.05B in debt financing investment on 17 January 2024. The investment came from notable firms such as Hindustan Media Venture and Trifecta Venture, signaling the confidence that prominent investors have in the platform's potential. StockGro's innovative approach to making investment a social experience represents a strategic initiative that aligns with the increasing trend of social interaction in the financial and investment space. The recent substantial investment is expected to fuel the company's growth trajectory, allowing it to further establish its presence and influence in the Indian market and beyond.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | INR2.05B | 2 | Trifecta Venture, Hindustan Media Venture | 17 Jan 2024 |
Series A | INR2.40B | 9 | Nitish Mittersain, Itai Tsiddon +3 | 20 Jan 2022 |
Seed Round | $5.00M | 2 | 03 Aug 2021 | |
Series A | Unknown | 1 | 16 Jul 2021 | |
Angel Round | $1.00M | 10 | Vivekananda Hallekere, Varun Laul +8 | 01 Dec 2020 |
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