Bengaluru's StockGro kicks off Series B at $362 million valuation
StockGro, the Bengaluru-based social investing app, is starting its Series B funding round, valuing the company at ₹3,187 crore ($362 million).
They're looking to raise ₹150 crore (about $17 million), with big names like Mukul Agarwal and funds such as Sanshi Fund, Neo Apex Share Broking, and Valiant Mauritius Partners pitching in.
This comes just after a ₹50 crore debt round in September 2025.
Who's investing—and how's StockGro doing?
Agarwal is leading with ₹104 crore (half in partly paid-up shares), while Sanshi Fund and Neo Apex are each adding ₹10 crore and Valiant Mauritius another ₹6 crore.
Founded by Ajay Lakhotia in 2020, StockGro connects users with SEBI-registered advisors.
Despite raising $76 million so far, the platform saw revenue drop 34% to ₹86.5 crore last year and reported a loss of ₹101 crore—showing growth isn't always a straight line.