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StockGro is set to secure $15 million in a pre-Series C funding round led by Tawuniya

StockGro is set to secure $15 million in a pre-Series C funding round led by Tawuniya
StockGro to secure $15 million pre-Series C funding

SUMMARY

The capital investment in a social investing and stock market advisory business in India is also experiencing a significant capital infusion, with StockGro taking a step forward to acquire new investment capital. Reports indicate that StockGro, a Bengaluru-based platform, is in the process of raising to $15 million in a pre-Series C funding round.

The trend underscores how global investors remain interested in the Indian retail investment segment, namely, the platforms that integrate the community aspect with financial literacy and professional advisory solutions.

Expected investment and core value proposition

The next round of investment is likely to be led by Tawuniya that is the largest insurance firm in Saudi Arabia. According to sources close to the situation, the deal specifics are in their final stages of completion, and the overall investment would probably be between $10 million and $15 million. This action by Tawuniya is a strategic entry or expansion into the Indian fintech, or more precisely, into a company that specializes in social investing and stock market participation based on research.

Ever since its launch in 2020 by Ajay Lakhotia, StockGro has established its own niche, providing a unique platform where trading and investing are combined with expert opinions. The fundamental value proposition of the platform is the community-based format using AI-based research to help users make informed financial choices.

The firm has experienced tremendous growth in its user base, with a recent figure of over 35 million. The expansion has been supported by the initiation of new products like Stoxo, a specialized research website that is aimed at delivering readily available investment analysis to its huge following.

This is the most recent round of funding and is immediately preceded by a Series B1 round that was closed in January 2026. StockGro has been able to raise $13 million from Bitkraft Ventures in the last round. The company also raised $17million in a Series B round led by Param capital the investment firm of renowned investor Mukul Agrawal, before the January round. These repeated capital raises suggest rapid-paced capital flow as the company tries to expand its operations and establish its technological base.

Market competition and financial performance

To date, StockGro has raised to $97 million in capital by a mix of equity and debt capital. The company has a wide range of high-profile investors in its cap table, including General Catalyst, SBI Holdings and a subsidiary of the world-renowned investment company SoftBank.

The company has also experienced some financial difficulties in recent times despite the strong support of the institutional investor. Although FY25 financial statements have not released yet, the information about FY24 revealed a fall in operational revenue, which dropped by 34% to ₹86.5 crore against ₹131 crores in FY23.

In FY24, StockGro increased its losses by 84% to ₹101 crore. These values are indicators of the fact that the user acquisition and development of advanced research tools are very expensive in a competitive market.

The company has to compete in an environment that is full of already established giants like Groww, Zerodha, Upstox, INDmoney, and Angel One. The market of retail investment products is highly saturated, with these competitors offering more than just the stockbroking services and also advisory services across many different segments, such as equity and derivatives.

StockGro is unique among traditional discount brokers because it pays much attention to the social and educational features of investing. The platform will transform casual users into informed investors by offering research-based tools and creating a community-like environment.

This inflow of $15 million by Tawuniya should give the company the much-needed runway to further advance its AI-powered research abilities and increase its market reach. This capital is important because the company is going through a time of increasing losses as it tries to recover the growth in revenues experienced in the past years.

The retail investment market in India is highly competitive, and the market leaders are ever creative to ensure they take a larger portion of the rising middle-income investor segment. The business model of StockGro is to cross-sell sophisticated advisory products and research subscriptions using its huge user base of 35 million. Since the agreement with Tawuniya will soon be completed, the company may allocate its resources to maximizing its working efficiency and reducing its losses without losing its product innovation and user-centric orientation.

Conclusion

The proposed $15 million investment led by Tawuniya is another breakthrough on the path of redefining social investing by StockGro in India. Although the business is experiencing a lot of competition and financial turbulence, the fact that there has been persistent backing of international investors is an indication that they are confident in their long-term goal of a community-based investment platform.

With the deal being closed, attention will be paid to how StockGro will spend this capital to incorporate its new research tools and expand its advisory business in a manner that would establish a sustainable and profitable business model in the Indian fintech ecosystem that is changing.

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