Venture Intelligence (TSJ Media Pvt. Ltd.)
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Fintech platform StockGro raises Rs.205-Cr from Trifecta, Hindustan Media
Social investment platform StockGro has raised INR 205 crore in a debt round from Trifecta Capital and Hindustan Media Ventures in two separate tranches.The company raised INR 120 crore from Trifecta by issuing 1,200 non-convertible debentures (NCDs). It issued 8,708 optionally-convertible debentures (OCDs) to Hindustan Venture to raise INR 85 crore.Founded in 2020 by Ajay Lakhotia, the fintech startup is a social investment platform with an interactive virtual interface that enables users to learn about and participate in stock markets.The company has raised around USD 40 million in equity to date which includes its Series A round of USD 32 million led by Bitkraft Ventures, General Catalyst and Itai Tsiddon where the company was valued at around USD 140 million.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.