StockGro raises $5 million in funding led by Roots Ventures, Velo Partners

Social investment startup StockGro has raised $5 million in a pre-Series A funding round, led by Roots Ventures and Velo Partners.

The company will use the capital to grow its user base, hire tech talent and build new features, it said in a statement.

Founded in January 2020 by former venture capitalist Ajay Lakhotia, StockGro is the region’s first social investment platform with a gamified virtual interface that enables users to discover trading strategies, compete and interact with others.