Social investment startup StockGro raises $5-M from Roots Ventures, Velo Partners
StockGro, a social investment startup, has raised USD 5 million in a pre-Series A round of funding led by Roots Ventures and Velo Partners. The company will use the funding to grow its user base, hire tech talent and build new features. StockGro was founded in January 2020 by Ajay Lakhotia, a former Venture Capitalist, with an aim to help people learn and participate in stock markets. It offers a gamified virtual interface that enables users to discover trading strategies, compete and interact with some of the country's best minds. The platform allows ordinary individuals to initiate their investment journey without taking any risk and get rewarded for building the best investment portfolios. Best performing traders & investors win award money gaining followers and become popular socializing their investment strategies and thesis.
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