StockGro raises $5 mn in pre-series A round, to use funds to get more users

StockGro now has leading fund managers, F&O traders, and algo traders driving their social groups, helping users learn various trading strategies

StockGro, a social investment startup, has raised $5 million in a pre-Series A funding, led by Roots Ventures and Velo Partners. The company will use the funding to grow its user base, hire tech talent and build new features.

StockGro is a social investment platform with a gamified virtual interface that enables users to discover trading strategies, compete and interact with some of the country’s best minds. With more than 1 million user base, StockGro has over 80 per cent month-on-month retention.

StockGro was founded in January 2020 by Ajay Lakhotia, a former Venture Capitalist, with an aim to help people learn