StockGro raises $13 Mn in Series B1 funding from BITKRAFT Ventures

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. Entrackr 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.

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.

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 TheKredible. Its notable backers include SBI Ventures, Root Ventures, and General Catalyst.

StockGro has yet to file its FY25 financials. In FY24, the company’s revenue from operations declined 34% to Rs 86.5 crore from Rs 131 crore in FY23, while its losses widened 84% to Rs 101 crore over the same period.