StockGro raises Rs 205 Cr debt from Trifecta and Hindustan Media

Editorial Desk · 2024-01-18T11:51:21+05:30

StockGro, a social investment platform, has recently secured a significant financial boost by raising Rs 205 crore in debt. This funding, sourced from Trifecta Ventures and Hindustan Media Ventures, was obtained through non-convertible debentures (NCDs) and optional convertible debentures (OCDs). This infusion of funds will be pivotal in driving the company's expansion and growth strategies.Founded in 2020 by Ajay Lakhotia, StockGro is revolutionizing the way people interact with stock markets. It provides a user-friendly virtual platform for learning and engaging with stock market activities. This debt funding follows the company's previous equity funding, where it raised about $40 million, showcasing its steady trajectory in the finance and investment sector.

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StockGro raises Rs 205 Cr debt from Trifecta and Hindustan Media
Posted by Editorial Desk on January 18, 2024 at 11:51 am
StockGro, a social investment platform, has recently secured a significant financial boost by raising Rs 205 crore in debt. This funding, sourced from Trifecta Ventures and Hindustan Media Ventures, was obtained through non-convertible debentures (NCDs) and optional convertible debentures (OCDs). This infusion of funds will be pivotal in driving the company’s expansion and growth strategies.
Founded in 2020 by Ajay Lakhotia, StockGro is revolutionizing the way people interact with stock markets. It provides a user-friendly virtual platform for learning and engaging with stock market activities. This debt funding follows the company’s previous equity funding, where it raised about $40 million, showcasing its steady trajectory in the finance and investment sector.
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