StockGro, co-founded by Ajay Lakhotia and Vijay Lakhotia, is a pioneering social investment platform enabling users to learn, compete, and improve trading skills through simulated stock market games. Since its launch, StockGro has attracted millions of users, establishing itself as a unique community-driven fintech player focused on education and engagement for new investors.
| Metric | Detail |
|---|---|
| Founding Year | 2020 |
| Revenue FY22 | ₹30 Cr |
| Revenue FY23 | ₹70 Cr |
| Revenue FY24 | ₹120 Cr (proj.) |
| Total Employees FY23 | ~250 |
| Round | Date | Amount Raised | Valuation | Investors |
|---|---|---|---|---|
| Series B | 2023 | $32M | ~$150M | Bitkraft Ventures, General Catalyst |
| Series A | 2021 | $25M | ~$80M | Roots Ventures, Base Partners |
StockGro’s revenue grew sharply from ₹30 Cr in FY22 to ₹120 Cr projected in FY24, reflecting rapid user acquisition and brand partnerships. Despite ongoing losses, net loss has narrowed from ₹50 Cr to ₹15 Cr, indicating operational improvements and stronger monetization.
Expenses rose in line with scaling operations and marketing but revenue growth outpaced costs, resulting in margin improvement and a clear path toward breakeven.
Headcount increased from ~150 in FY22 to ~350 projected in FY24, supporting product innovation, user engagement, and expansion initiatives.
StockGro recently closed a $32M funding round and launched a new feature set for advanced simulated trading contests, reinforcing its leadership in social trading education.
| Metric | Detail |
|---|---|
| Revenue Growth | ₹30 Cr → ₹70 Cr → ₹120 Cr |
| Profitability | Loss reduced from ₹50 Cr to ₹15 Cr |
| Employee Growth | +200 employees since FY22 |
| Expansion | New regions, gamified product enhancements |
StockGro’s dynamic growth, strong community base, and focus on financial literacy uniquely position it in India’s fintech landscape. As losses continue to narrow and user monetization strengthens, it is set for regional expansion and long-term sustainability. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
© 2025. All information is curated from public and third-party sources and provided solely for legitimate business use. Please ensure proper authorization before use. The depth of information depends on what is publicly available and may vary between individuals.