Debt

Debt financing

Trading simulation platform StockGro raises Rs.50-Cr from Trifecta Capital

Entrackr  

Bengaluru-based social investment platform StockGro has raised INR 50 crore (USD 5.7 million) from existing investor Trifecta Capital. The company has issued 500 Series B non-convertible debentures (NCDs) at INR 10,00,000 per share.Founded in 2020 by Ajay Lakhotia, the fintech startup offers an interactive virtual interface that enables users to learn about and participate in stock markets.

Between Jul-21 and Nov-24, StockGro had attracted about USD 65.93 M from Dholakia Ventures, Roots Ventures, Velo Partners, Bitkraft, General Catalyst Partners, Qi Ventures, Rise Capital, Trifecta Capital, and others.