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Trading simulation platform StockGro completes second ESOP buyout worth $2-M
Bengaluru-based StockGro , an investment education and trading simulation platform, has completed its second Employee Stock Option Plan (ESOP) buyout, allowing employees to monetise their vested shares.In the secondary transaction, over USD 2 million was distributed, with 100% of vested shares being bought from eligible employees who chose to participate. Less than 60% of eligible employees opted to tender their shares, with the remaining choosing to retain their ESOPs.Founded in 2020, StockGro's primary business revolves around investment education and simulated trading experiences, targeting users who want to learn the nuances of equity markets, futures, and options. The company’s subscription-based model offers courses in technical analysis, with prices ranging from INR 5,000 to INR 72,000.
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