1 Minute Startup Update - StockGro , is kicking off its Series B...
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Bengaluru-based social investment and stock market advisory platform StockGro is set to raise 150 crore (around $17 million) in its Series B funding. This round will peg the company's post-money valuation at an impressive 3,187 crore or $362 million, reinforcing confidence in the wealth-tech space.
Startup: StockGro.
Founder: Ajay Lakhotia.
Key Highlights:
Valuation: Post-money valuation reaches $362 million (approx. 3,187 crore).
Funding: Raising 150 crore in the current Series B round.
Lead Investor: The funding is being led by ace investor Mukul Agarwal.
Platform Focus: Simplifies stock market investing through SEBI-registered advisors, offering advisory and educational resources.
ESOP Pool: The company has also expanded its total ESOP pool to $30 million (260 crore).
StockGro, founded in 2020, continues its mission to make navigating the stock market accessible to everyone.
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