Social investment and market advisory platform StockGro is set to open a Series B funding round at a valuation north of USD 360 million (~INR 3,216 crore), with the company looking to raise about INR 150 crore, according to reports.

Round Contours and Investor Line-Up

StockGro’s latest funding round is expected to be led by investor Mukul Mahavir Agarwal, alongside participation from funds and market players including Sanshi Fund, Neo Apex Share Broking and Valiant Mauritius Partners. StockGro’s latest funding round is a mix of fully paid-up and partly paid-up preference shares as the instrument of choice for the raise.

Based on the share issuance price and quantum outlined in the filings, the post-money valuation works out to roughly INR 3,216 crore (~USD 360 million). The company has also cleared a top-up to its employee stock options, with a fresh grant that takes the ESOP pool higher.

Recent Funding Trail and Product Moves

The prospective equity raise follows StockGro’s INR 50 crore venture debt in September 2025 from Trifecta Capital, a step the company disclosed in filings and which was reported at the time by business publications. Earlier, in January 2024, StockGro had secured about INR 205 crore in two tranches from Hindustan Media Ventures and Trifecta.

On the product side, the Bengaluru-based firm recently rolled out “Stoxo”, an AI-enabled research tool aimed at retail traders and investors, and has signalled plans to broaden its offering beyond gamified learning and advisory.

Financial Performance & Cap-Table Developments

While FY25 numbers are awaited, StockGro’s FY24 revenue from operations declined to about INR 86.5 crore from INR 131 crore a year earlier, even as net losses widened to roughly INR 101 crore. The ESOP pool has also been expanded, reflecting continued use of equity-linked incentives to attract and retain talent.

StockGro’s latest fundraising comes amid heightened activity in India’s wealth-tech ecosystem, where large retail platforms are expanding into adjacent products and public markets.

StockGro: Overview

StockGro—founded in 2020 by Ajay Lakhotia—positions itself as a social investing and advisory platform connecting users to SEBI-registered experts; the company has indicated ambitions to deepen research, education and community features for retail investors, per prior statements and product announcements. Execution against those plans, alongside monetisation of new tools, will be key markers as the Series B progresses.

StockGro Series B Funding At a glance

• Target Raise: ~INR 150 crore Series B; mix of fully and partly paid shares.
• Implied post-money valuation: ~INR 3,216 crore (~USD 360 million).
• Lead investor: Mukul Mahavir Agarwal; other participants include Sanshi Fund, Neo Apex Share Broking, Valiant Mauritius Partners.
• Recent funding: INR 50 crore venture debt (September 2025); ~INR 205 crore raised in January 2024.
• FY24 performance: Revenue INR 86.5 crore (down 34% YoY); net loss ~INR 101 crore (up 84% YoY).

Conclusion

If consummated as outlined in filings, StockGro Series B funding would give the company more power to scale research-led tools and community-led advisory while navigating a competitive wealth-tech market that is tilting toward broader products and public listings. The company’s ability to convert engagement into paying users and stabilise unit economics will be central to how this valuation holds through subsequent rounds.

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