Team StartupCity

• StockGro is negotiating fresh funding from Valiant Capital
• New investment expected to extend its ongoing Series B round
• Fintech platform has raised $76 Million so far and recently added $17 Million from Param Capital

Bengaluru-based social investing platform StockGro is close to securing new capital from Boston-based Valiant Capital Management, according to people familiar with the discussions. The fresh infusion is expected to be part of the startup’s ongoing Series B round.

This development comes shortly after StockGro raised $17 million from Mukul Agarwal’s Param Capital, a deal recently reported through filings with the Registrar of Companies. Both StockGro and Valiant Capital have yet to comment on the potential transaction.

Founded in 2020 by former venture capitalist Ajay Lakhotia, StockGro helps users learn and invest in the stock market through SEBI-registered advisors. The platform offers investment advice, portfolio guidance, and educational tools aimed at making capital markets easier to understand for new and experienced investors.

So far, the company has secured about $76 million in a mix of equity and debt funding, as per data from a report. Its investor list includes Bitkraft Ventures, SBI Ventures, Root Ventures, and General Catalyst.

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StockGro’s financial performance, however, has faced pressure. The fintech firm has not yet filed its FY25 results, but in FY24 its revenue dropped 34% to Rs 86.5 crore from Rs 131 crore the previous year. Losses also increased sharply, rising 84% to Rs 101 crore.

If closed, the potential investment from Valiant Capital would strengthen StockGro’s ongoing fundraising efforts and support its push to scale advisory-led investing in India.