StockGro raises $13M from BITKRAFT Ventures in Series B1 funding round
Earlier this month, StockGro also raised Rs 150 crore from stock market investor Mukul Agrawal in a Series B funding round.
StockGro raised $13 million from BITKRAFT Ventures as part of its Series B1 funding round, the startup said on Friday, adding to the capital the investment education and advisory platform has attracted in recent months.
Earlier this month, StockGro had raised Rs 150 crore from stock market investor Mukul Agrawal in a Series B round structured as a convertible investment, with the company’s valuation to be determined based on future performance.
The Bengaluru-based company, which connects users with SEBI-registered experts for investment advice and market education, said it will use the funds for geographic expansion, strengthen its advisory and research capabilities, and expand across asset classes.
Ajay Lakhotia, Founder and CEO of 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."
StockGro will also continue to invest in AI-powered research tools, including its virtual research assistant, and expand its collaborations with educational institutions and capital markets ecosystem partners.
BITKRAFT Ventures, a global investment firm focused on interactive entertainment, digital assets, and AI-driven experiences, led the Series B1 investment and has been an investor in StockGro since 2021.
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.”
“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,” Lakhotia added.
Edited by Suman Singh