Mumbai: Social investment startup StockGro has raised $32 million led by marquee global investors such as Bitkraft Ventures, General Catalyst, and Lightricks co-founder Itai Tsiddon.

The company will use the capital to grow its user base, hire tech talent and build new features, it said in a statement. It has more than a million users with over 80% month-on-month retention rate, the company said. The company now has leading fund managers, futures and options traders, and algo traders driving its social groups, helping users learn various trading strategies and test their thesis on the StockGro platform. Founded in January 2020 by former venture capitalist Ajay Lakhotia, StockGro is the region’s first social investment platform with a gamified virtual interface that enables users to discover trading strategies, compete and interact with others.

Stockgro Raises $32 Million For New Products, Hiring

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Stockgro Raises $32 Million For New Products, Hiring

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