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Social investment and stock market advisory platform StockGro has raised $13 million from BITKRAFT Ventures, as part of its Series B1 round. The new funding comes soon after StockGro’s $17 million Series B round from ace investor Mukul Agarwal’s Param Capital. The platform had exclusively reported this development. The fresh capital will be deployed towards geographic expansion, strengthening its advisory and research stack, and deepening its presence across multiple asset classes, the company said in a press release.
When StockGro began operations in 2020, India had around 4 crore demat accounts. By 2025, this figure had increased to over 20 crore accounts, a nearly fivefold rise over a few years and a broader shift in household participation in capital markets. To date, the company has raised about $90 million in a mix of debt and equity, per data from the sources. Its notable backers include SBI Ventures, Root Ventures, and General Catalyst.
About StockGro
StockGro has been founded in 2020 by former venture capitalist Ajay Lakhotia. StockGro is building a full-stack ecosystem for smarter trading and investing through expert-driven insights and AI-powered research, delivered via its social-first, community-led platform.