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Exclusive: StockGro set to raise $15 Mn led by Tawuniya

EntrackrEntrackr · 2d ago
Exclusive: StockGro set to raise $15 Mn led by Tawuniya
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Exclusive: StockGro set to raise $15 Mn led by Tawuniya Social investing and stock market advisory platform StockGro is in advanced discussions to raise up to $15 million in its pre-Series C round, two sources aware of the development told Entrackr. Tawuniya, Saudi Arabia’s largest insurance company, will lead the round in the Bengaluru-based firm, said one of the sources, requesting anonymity. The terms of the deal are almost final. The investment is expected to be in the range of $10–15 million, the source added. Founded in 2020 by Ajay Lakhotia, StockGro offers a platform for trading and investing with expert insights and AI-based research in a community-driven format. It recently launched Stoxo, a research platform that gives its 35 million-plus users ready-to-use investment analysis. This fresh investment comes shortly after the company closed its Series B1 round in January 2026, raising $13 million from Bitkraft Ventures. Before that, it had secured $17 million in a Series B round led by ace investor Mukul Agrawal’s Param Capital. StockGro did not respond to queries on the new fundraise. To date, StockGro has raised a total of $97 million through a mix of equity and debt from investors including General Catalyst, SBI Holdings, and a subsidiary of SoftBank. The company is yet to file its FY25 financial statements. In FY24, its revenue from operations declined 34% to Rs 86.5 crore from Rs 131 crore in FY23, while losses widened 84% to Rs 101 crore during FY24. StockGro operates in India’s retail investment market and competes with Groww, Zerodha, Upstox, INDmoney, and Angel One. These firms provide stockbroking, advisory, and investment products to retail users across equity and derivatives segments. It focuses on social investing and research-led tools as it looks to scale its presence in the segment.

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Exclusive: StockGro to kick off Series B round at over $360 Mn valuation

EntrackrEntrackr · 2m ago
Exclusive: StockGro to kick off Series B round at over $360 Mn valuation
Medial

Exclusive: StockGro to kick off Series B round at over $360 Mn valuation StockGro is raising Rs 150 crore ($17 million) in its Series B round led by Mukul Agarwal with the participation of Sanshi Fund, Neo Apex Share Broking, Valiant Mauritius Partners and 12 other investors. This funding follows the company’s Rs 50 crore debt round raised in September 2025 from Trifecta Capital, which Entrackr exclusively reported at that time. The StockGro’s board approved the issue of 12,707 Series B CCPS at an issue price of Rs 78,668 each to raise Rs 100 crore and 6,356 Series B1 partly paid up shares amounting to Rs 50 crore, according to its regulatory filing with the Registrar of Companies (RoC). Ace investor Mukul Mahavir Agarwal will lead the round with Rs 104 crore, which includes Rs 50 crore in partly paid-up shares. Sanshi Fund and Neo Apex Share Broking Services are investing Rs 10 crore each, while Valiant Mauritius Partners will invest Rs 6 crore. Polycab India promoter Ajay T. Jaisinghani and Uphar Homfin Pvt Ltd will invest Rs 5 crore each, with the remaining amount to be contributed by Hem Securities, Gaurav Jain, Vijay Khetan, and other angel investors. According to Entrackr’s analysis, StockGro’s valuation will stand at Rs 3,187 crore or $362 million post-money. In addition to the fresh funding, the company also issued 3,966 ESOP options worth Rs 32 crore, taking the total ESOP pool to Rs 260 crore (around $30 million). Founded in 2020 by former venture capitalist Ajay Lakhotia, the Bengaluru-based StockGro is a fintech platform that simplifies stock market investing through SEBI-registered advisors, offering investment advisory, portfolio management, and educational resources to help users navigate the market. The Bengaluru-based startup had raised about $76 million in debt and equity to date, according to startup data intelligence platform TheKredible. Its lead investors include Bitkraft Ventures, Root Ventures, and General Catalyst. While the company is yet to file its FY25 numbers, its revenue from operations fell 34% to Rs 86.5 crore in FY24 from Rs 131 crore in FY23. During the same period, its losses surged 84% to Rs 101 crore.

Exclusive: The Whole Truth to raise around $34 Mn at $400 Mn valuation in Series D

EntrackrEntrackr · 1m ago
Exclusive: The Whole Truth to raise around $34 Mn at $400 Mn valuation in Series D
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Exclusive: The Whole Truth to raise around $34 Mn at $400 Mn valuation in Series D Clean-label health food brand The Whole Truth is all set to raise Rs 304 crore (around $34 million) in its Series D round led by existing investor Sofina Ventures with the participation from Sauce.VC and Frangipani Capital. Previously, The Whole Truth raised $15 million in a Series C funding round led by Sofina, with participation from Z47, Peak XV Partners, and Sauce.VC in February last year. The board at The Whole Truth has passed a special resolution to approve the issue of 67,596 Series D CCPS at an issue price of Rs 44,993 each to raise the aforementioned sum, its regulatory filing accessed from the Registrar of Companies (RoC) shows. Sofina Ventures is set to lead the Series D round with an investment of Rs 190.2 crore ($21 million), while existing investor Sauce.VC is contributing Rs 110 crore ($12.2 million) and Frangipani Capital has also joined the round with Rs 3.92 crore. The company has already received the investments from Sauce.VC and Frangipani Capital, while Sofina’s capital infusion is yet to be received. The fresh capital will be deployed to meet the company’s financial requirements and support business expansion. According to Entrackr’s estimates, the Mumbai-based firm’s post-money valuation is set to rise 69% to Rs 3,604 crore ($400 million) from Rs 2,135 crore ($254 million) in the previous Series C round. The company may raise more capital in this round and the valuation will vary accordingly. As per a separate filing, in addition to the funding, the company has expanded its ESOP pool by 13,208 options worth Rs 59.42 crore, taking the total ESOP pool value to Rs 221.6 crore ($24.6 million). The Whole Truth sells a wide range of products such as protein bars, peanut butter, dark chocolates, energy bars, immunity balls, and muesli. The platform offers subscription plans and claims that around 80–85% of its sales are generated through its website, with the rest coming from partnerships. The Peak XV-backed company had raised around $38 million prior to this round. Following the latest infusion, Sofina Ventures will hold a 9.28% stake in the company, while Sauce.VC will own a 10.43% stake. The Whole Truth posted a 3.3X year-on-year growth in its revenue to Rs 215.8 crore in FY25 from Rs 65.3 crore in FY24. However, the company’s losses also rose by 18% to Rs 28.15 crore during the same period.

Exclusive: Salesforce Venture to lead $15 Mn in app builder Rocket.new

EntrackrEntrackr · 5m ago
Exclusive: Salesforce Venture to lead $15 Mn in app builder Rocket.new
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url: https://entrackr.com/exclusive/exclusive-salesforce-venture-to-lead-15-mn-in-app-builder-rocketnew-10068354 Content: Mobile app builder Rocket.new (formerly Dhiwise) is set to raise Rs 131.4 crore or $15 million in its extended Series A round led by Salesforce Ventures and existing investors Accel and Together Fund. This marks the first significant funding for the four-year-old company in three years since it raised $7 million in August 2022. According to its filing with the Registrar of Companies, Rocket.new’s board approved issuing 4,81,718 Series A1 CCPS at Rs 2,728 each to raise the specified amount. Salesforce Ventures will lead the round with an investment of Rs 74.46 crore ($8.46 million), with Accel and Together Fund also partaking in the funding. The company plans to utilize the proceeds for growth, expansion, and working capital needs. Entrackr estimates that the Surat-based company’s valuation will more than double to Rs 545 crore ($62 million) from its previous valuation of Rs 256 crore in its last funding round. Post allotment, Accel will become the largest external shareholder, holding an 18.87% stake, with Salesforce Ventures at 13.68% and Together Fund at 5.62%. Co-founders Vishal Virani and Rahul Shingala will maintain a collective 36% stake in the company. Founded in 2021 by Vishal Virani and Rahul Shingala, Rocket.new is an AI-powered no-code/low-code platform enabling users to build and launch apps, websites, and tools from simple prompts or designs. The company, according to startup data intelligence platform TheKredible, raised over $9.5 million previously from investors like Accel, India Quotient, Together Fund, and Dholakia Ventures. Rocket.new reported Rs 3.5 crore in revenue for FY24, with losses increasing by 46% to Rs 11 crore, as per its standalone financials filed with the RoC.

Exclusive: FarMart set to raise $30-40 Mn in new round

EntrackrEntrackr · 2m ago
Exclusive: FarMart set to raise $30-40 Mn in new round
Medial

Exclusive: FarMart set to raise $30-40 Mn in new round B2B food supply startup FarMart is in advanced discussions to raise up to $40 million in a fresh funding round from new and existing investors. "FarMart has been in talks for this round for a while, and although discussions earlier were for a much larger raise, it is now close to being settled in the $35–40 million," said a source. Impact Fund Denmark and Greater Pacific are set to lead the round, while existing investors General Catalyst and Matrix Partners are also expected to participate. Earlier in April, FarMart raised $10 million in a mix of debt and equity. FarMart’s B2B platform digitizes the supply chain for agricultural inputs and produce by connecting nearby buyers and sellers, helping reduce logistics costs. It has built a strong retail presence across central and northern India, though its footprint in the southern states and Jammu & Kashmir remains limited. FarMart has so far raised more than $60 million, including its $32 million Series B round led by General Catalyst. The company’s operating revenue grew 30% year-on-year to Rs 1,341 crore in FY24, while it posted a net loss of Rs 68 crore. FarMart competes with Gramophone (now merged with Unnati), Agrim, Krishify, and several other players in the agri-supply ecosystem.

Exclusive: Snapmint to raise $37.5 Mn in Series B led by General Atlantic

EntrackrEntrackr · 3m ago
Exclusive: Snapmint to raise $37.5 Mn in Series B led by General Atlantic
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Exclusive: Snapmint to raise $37.5 Mn in Series B led by General Atlantic Buy now pay later startup Snapmint is all set to raise Rs 331.18 crore ($37.5 million) in its Series B round led by General Atlantic with the participation of existing investor Kae Capital and others. The board at Snapmint passed a resolution to approve the issue of 12,159 Series B CCPS at an issue price of Rs 2,72,378.63 each to raise the above-mentioned amount, according to its filing with the Registrar of Companies (RoC). General Atlantic will lead the round with an investment of Rs 300 crore ($34 million), while existing investor Kae Capital will participate with Rs 12.2 crore. Five Rivers Investment and Thomas Azavedo will contribute Rs 4.5 crore and Rs 3.5 crore, respectively. The remaining amount will come from other investors, including a group of angels. Snapmint is likely to raise additional funds in the ongoing round. According to media reports, the company may also see a secondary transaction in Series B. According to Entrackr’s estimates, Snapmint will be valued at around Rs 1,650 crore or around $187 million post-money. Founded in 2017 by Nalin Agrawal, Anil Gelra, and Abhineet Sawa, Snapmint enables shoppers to access credit for purchasing mobiles, electronics, home and kitchen appliances, health and wellness products, and more. Its digital platform, Nimbus, provides customised and easy-to-integrate solutions for partner merchants, helping them boost both sales and customer acquisition. According to startup data intelligence platform TheKredible, Snapmint has raised around $65 million to date, including $18 million in a mix of debt and equity secured in December last year. Following the latest allotment, General Atlantic will hold an 18.8% stake in the company. For the fiscal year ended March 2025, Mumbai-based Snapmint reported a nearly 80% year-on-year increase in revenue to Rs 158.5 crore and turned profitable with a net profit of Rs 15 crore.

StockGro raises $13 Mn in Series B1 funding from BITKRAFT Ventures

EntrackrEntrackr · 2m ago
StockGro raises $13 Mn in Series B1 funding from BITKRAFT Ventures
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StockGro raises $13 Mn in Series B1 funding from BITKRAFT Ventures Social investment and stock market advisory platform StockGro has raised $13 million from BITKRAFT Ventures, as part of its Series B1 round. The new funding comes soon after StockGro’s $17 million Series B round from ace investor Mukul Agarwal’s Param Capital. Entrackr had exclusively reported this development. The fresh capital will be deployed towards geographic expansion, strengthening its advisory and research stack, and deepening its presence across multiple asset classes, the company said in a press release. Founded in 2020 by former venture capitalist Ajay Lakhotia, StockGro is building a full-stack ecosystem for smarter trading and investing through expert-driven insights and AI-powered research, delivered via its social-first, community-led platform. When StockGro began operations in 2020, India had around 4 crore demat accounts. By 2025, this figure had increased to over 20 crore accounts, a nearly fivefold rise over a few years and a broader shift in household participation in capital markets. To date, the company has raised about $90 million in a mix of debt and equity, per data from TheKredible. Its notable backers include SBI Ventures, Root Ventures, and General Catalyst. StockGro has yet to file its FY25 financials. In FY24, the company’s revenue from operations declined 34% to Rs 86.5 crore from Rs 131 crore in FY23, while its losses widened 84% to Rs 101 crore over the same period.

Exclusive: Heads Up For Tails to raise $25 Mn in Series B led by Apparel Group

EntrackrEntrackr · 2m ago
Exclusive: Heads Up For Tails to raise $25 Mn in Series B led by Apparel Group
Medial

Exclusive: Heads Up For Tails to raise $25 Mn in Series B led by Apparel Group Premium pet care startup Heads Up For Tails is in the final stages of raising $25 million in its Series B round, two people aware of the development told Entrackr. “The round is being led by Apparel Group India (AGI), the Indian arm of Dubai-based retail major Apparel Group, with participation from Malinea Pte Care Limited,” said one of the sources requesting anonymity. “The terms of the transaction have been finalised, and the money is set to flow in over the next few weeks,” said the source quoted above. “The firm has reached an annual revenue run rate (ARR) of Rs 400 crore.” Heads Up For Tails’ CEO Samarth Narang declined to comment on the story. According to sources, the company is planning an expansion into Dubai, which would mark its third major presence in the Asian region after India and Singapore. Heads Up For Tails is a premium D2C pet care brand offering food, treats, accessories, and grooming products. It sells through its own website, online marketplaces and a growing offline network, listing over 13,000 products from 250 plus brands, with a presence across 18 plus cities through 115 stores and 95 pet spas. According to data from startup intelligence platform TheKredible, the Gurugram-headquartered company has raised around $40 million prior to this round, including a $37 million Series A led by Peak XV Partners (formerly Sequoia Capital India) and Verlinvest in 2021. The latest round comes amid renewed investor interest in India’s pet care sector, spanning food, services, and healthcare. Gurugram-based pet healthcare platform Vetic is in process to raise $26 million in a Series C led by Bessemer Venture Partners, while Bengaluru-based Supertails is in talks to raise $15-20 million. On the nutrition side, Drools entered the unicorn club after global FMCG major Nestlé acquired a minority stake.

Exclusive: EV startup Qucev raises $15 Mn in Series B

EntrackrEntrackr · 2m ago
Exclusive: EV startup Qucev raises $15 Mn in Series B
Medial

Exclusive: EV startup Qucev raises $15 Mn in Series B Qucev has raised Rs 131.25 crore ($15 million) in Series B round led by existing investor Singularity AMC with the participation of Lotus Family Trust, Volrado Venture Partners, Anchorage Capital and others. Electric commercial vehicle startup Qucev has raised Rs 131.25 crore (approximately $15 million) in Series B round led by existing investor Singularity AMC with the participation of Lotus Family Trust, Volrado Venture Partners, Anchorage Capital and others. According to its regulatory filing with the Registrar of Companies (RoC) in September 2025, Qucev’s board issued 4,467,375 Series B compulsorily convertible preference shares at an issue price of Rs 293.8 per share to raise the said amount. Singularity AMC led the tranche with an investment of Rs 25.76 crore (nearly $3 million), followed by Lotus Family Trust, which put in Rs 18.5 crore. Anchorage Capital, Volrado Venture Partners, Param Capital, and S Gupta Family Investments each invested Rs 17.98 crore. The remaining amount was contributed by other investors, including angel investors Lakshay Singhal, Anubhav Gupta and company’s founder Naresh Rawal. According to Entrackr’s analysis, the company is currently valued at around Rs 538 crore or $61 million post-money. Founded in 2022 by Naresh Rawal, Qucev is a next-generation electric commercial vehicle company in partnership with China-based EV manufacturer BYD, designs and manufactures electric tractors, trucks, buses, and three-wheelers, focusing on sustainable and cost-effective mobility. Beyond manufacturing and sales, Qucev also offers financing, charging infrastructure, and fleet solutions. According to startup data intelligence platform TheKredible, Qucev has previously raised around $4 million from Singularity AMC, Barclays and Maa Creations. For the fiscal year ended March 2025, the company did not report any product sales and generated Rs 2.08 crore from the sale of services. During the same period, it recorded a loss of Rs 9.35 crore. Qucev competes with players like Euler Motors, Altigreen, as well as established names such as Mahindra Electric, Piaggio, Kinetic Green, Tata, and others.

Exclusive: GIVA raising $12 Mn in extended Series C round

EntrackrEntrackr · 2d ago
Exclusive: GIVA raising $12 Mn in extended Series C round
Medial

Omnichannel jewelry startup Giva is set to raise Rs 110 crore (around $12 million) in its Series C extension round led by HPV CC1 ltd, with the participation from Premji Invest, Kenro Capital, and Titan Capital. The fresh investment came nine months after GIVA raised Rs 530 crore ($61.5 million) in its Series C round led by Creaegis, with participation from Premji Invest, Epiq Capital, and Edelweiss Discovery Fund. The board at Giva passed a resolution to approve the issuance of 94,01,710 Series C1 CCPS at an issue price of Rs 117 each to raise the aforementioned sum, its regulatory filing accessed from RoC shows. HPV CC1 Ltd will lead the tranche with Rs 74.25 crore ($8.25 million), followed by Kenro Capital, which will invest primary capital of Rs 13.75 crore. Premji Invest via PI Opportunities Fund II and Titan Capital via Winners Fund will be injecting Rs 11 crore each. The company will use the proceeds for operational expenses, including hiring, marketing, and other general corporate purposes, as per filings. According to Entrackr’s estimates, the firm’s valuation will rise to around Rs 4,900 crore ($545 million), which represents a 22% increase from its previous valuation of about Rs 4,000 crore when it raised Rs 530 crore. Founded in 2019, Giva originally launched as an affordable jewelry brand, has expanded into gold jewelry and lab-grown diamonds. Led by Ishendra Agarwal, the company now operates around 150 physical stores across India, alongside its website and app, and has adopted a franchise-led model to further expand its reach. The Bengaluru-based firm has raised over $146 million to date, including its Rs 255 crore Series B round, which was a mix of primary and secondary transactions led by Premji Invest and Epiq Capital. For the fiscal year ended March 2025, the jewelry brand’s operating revenue jumped 89% to Rs 518 crore from Rs 274 crore in FY24. However, its losses also grew 22% to Rs 72 crore during the same period.

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