Stockgro
Founded 2020 · 208 employees on LinkedIn · 16 known investors
Find your way into Stockgro
356 people in our graph share verified history with the Stockgro team — schools, employers, funds. One of them is your warm intro.
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SBI Life Insurance Company Limited is an India-based life insurer offering savings-oriented, protection, and market-linked insurance plans across participating, non-participating, and linked product segments. Its offerings span individual and group life, pension, and unit-linked investment policies.
Also known as AssetGro Fintech Private Limited · Assetgro Fintech Pvt Ltd
Founders & leadership
Stockgro was founded in 2020 by Ajay Lakhotia.
Investors · 16
Also in the syndicate · 9
Company profile
researched Aug 2026StockGro is an Indian stock market advisory and research platform operated by Assetgro Fintech Private Limited, a SEBI-registered Research Analyst (registration no. INH000018300) headquartered in Bengaluru. The app aggregates more than 150 independently SEBI-registered research analysts and advisors who publish daily equity and options trade calls with stated entry, exit and stop-loss levels alongside their past track records. Users can view verified portfolios of experts and peers, compare stock returns, scores and analyst rankings, benchmark companies against competitors, and follow news and events affecting a stock.
The platform includes Stoxo, an AI research assistant that answers investing and market questions and summarises data, news and market movements, as well as a strategy builder for backtesting investment theses before deploying capital. StockGro does not hold customer funds or execute trades itself; instead it integrates with Indian brokers so users can execute an expert's trade call in one tap while assets remain with their own broker. A separate education arm, StockGro Academy, offers self-paced courses covering stock market foundations, mutual funds and ETFs, multibaggers, trading basics, fundamental and sector analysis, and research analyst certification, with quizzes and practice in StockGro's prep zones leading to a certificate.
The company originally launched as a social investment platform with a gamified virtual interface through which users learned about markets, discovered trading strategies and competed with others; fund managers, F&O traders and algo traders led its social groups. The company now states it is not a paper-trading, virtual-trading, gaming or contest platform.
Founding story
StockGro was founded in January 2020 by Ajay Lakhotia, a former venture capitalist. Lakhotia, the company's CEO, holds an MBA from ISB and previously worked at ICICI Bank, Vertex Ventures and Fosun RZ Capital.
Business model
Freemium consumer subscription. Basic access includes real-time market updates and expert opinions at no cost, while paid tiers — Advanced, Expert and Stoxo PRO — unlock actionable trade calls, fundamental and technical analysis, options trade calls, user trading strategies and varying refresh levels of Stoxo AI research. StockGro is not a broker and charges no brokerage; only the user's linked broker's charges apply.
Subscription plans (Advanced, Expert, Stoxo PRO) sold to retail investors on a freemium basis. Reported revenue of ₹125.5 Cr in FY25, up 26.4% from ₹99.3 Cr in FY24.
Traction
The company reports 35M+ users and 150+ SEBI-registered experts on the platform. Its user base doubled from 5 million in October 2021 to 10 million in January 2022. Inc42 reports FY25 revenue of ₹125.5 Cr (up 26.4% year over year), 209 employees, about 252K monthly web visits and a Glassdoor rating of 4.30.
Latest developments
Inc42 records Series B funding activity in 2025, including $6.00 Mn in September 2025, $16.67 Mn in December 2025 and $13.00 Mn in December 2025, and a last known valuation of $380.23 million as of December 2025. The current product emphasis is on SEBI-registered expert trade calls, the Stoxo AI research assistant with Advanced/Expert/Stoxo PRO subscription tiers, and one-tap execution through linked broker accounts.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Positions itself as India's largest stock market advisory and research platform, citing 35M+ users and 150+ SEBI-registered experts. Earlier press described it as the region's first social investment platform with a gamified virtual interface. Inc42 classifies it as a growth-stage fintech.
Combines a large roster of independently SEBI-registered research analysts publishing trade calls with disclosed rationale and verifiable track records, an AI research assistant (Stoxo), and a backtesting strategy builder, while remaining broker-agnostic and custody-free — users' funds stay with their own broker and StockGro charges no brokerage.
Technology
Mobile and web applications providing stock insights, verified portfolio tracking, analyst rankings and comparative and benchmark analytics; Stoxo, an AI-powered research assistant that answers investing questions and condenses data, news and market movements; and a strategy builder allowing users to construct and backtest investment strategies. Broker linkages support single-tap trade execution without the platform holding funds.
Go-to-market
Direct-to-consumer mobile app and web platform with a free tier converting to paid subscriptions, supported by an expert/creator network of SEBI-registered analysts whose research and track records draw and retain users, an education funnel via StockGro Academy, and broker integrations enabling one-tap execution on users' existing accounts.
Retail investors and traders in India, ranging from beginners using the Academy courses and free market updates to active equity and options traders subscribing for expert trade calls and AI research.
Geography
Headquartered in Bengaluru, Karnataka, India, serving the Indian retail investing market; at the time of its Series A the company said it would use proceeds to tap additional markets.
History
Founded in 2020 under Assetgro Fintech Private Limited, StockGro started with stock market analysis tools and a gamified social investing interface, raising about $1 million in an angel round in December 2020 and $5 million in a pre-Series A in August 2021. In January 2022 it raised a $32 million Series A led by BITKRAFT Ventures, General Catalyst and Itai Tsiddon, mixing primary and secondary capital, with proceeds earmarked for new products, additional markets and hiring. Subsequent rounds recorded by Inc42 include debt financing in January 2024 and Series B tranches in 2025. The company has since repositioned from social/virtual trading to a SEBI-registered advisory and research platform with AI-driven research and broker-integrated execution.
Risks & controversies
Operations are subject to SEBI research analyst regulation; the company holds registration INH000018300 and states that its experts are independently SEBI-registered. The company explicitly rebuts characterisations of the app as a paper/virtual trading platform, a game or a contest, and states it does not hold user funds or place trades itself.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsStockGro offers Stoxo, an AI-powered market research assistant, across Advanced, Expert and Stoxo PRO subscription plans, alongside a strategy builder and broker-linked one-tap trade execution.
Assetgro Fintech Private Limited holds SEBI Research Analyst registration number INH000018300; the platform states its 150+ experts are independently SEBI-registered.
Assetgro Fintech Pvt Ltd raised $32 million (about ₹240 crore) in a mix of primary and secondary funding, with proceeds earmarked for new products, additional markets and hiring across functions.
$32M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Stockgrostockgro.club · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Stockgro do?
- Indian stock market advisory and research app offering trade calls from SEBI-registered analysts and AI-based research.
- Who founded Stockgro?
- Stockgro was founded by Ajay Lakhotia in 2020.
- Who are Stockgro's investors?
- Stockgro's investors include Bitkraft Esports Ventures, Dholakia Ventures, Fundamental VC, LVX Ventures, Roots Ventures, Spring Marketing Capital, SquareOne Capital.