Stockgro

• MobiKwik has launched a new subsidiary, Mobikwik Securities Broking Private Limited (MSBPL), to compete with leading stockbroking platforms like Zerodha and Groww.
• The initial paid-up share capital for MSBPL is INR 1 Lakh, with plans...

• Pravin Jadhav, founder of Dhan, shifted focus from mass investors at Paytm Money to high-frequency traders in futures & options (F&O) with his new venture.
• Dhan acquired Moneylicious for the necessary stockbroking license and offered...

• Listed stockbroking firm Angel One is reportedly set to rope in Arief Mohamad as its new CBO, and he has already dropped his papers at Flipkart, where he was heading the fashion vertical.
• Mohamad has been working with Flipkart for ov...

• Groww's stockbroking unit's net operating income rose by 124% to $346 million in FY24.
• Profit after-tax increased fourfold from Rs 73 crore to Rs 299 crore.
• Futures and options trading generate 75-80% of Groww Invest Tech’s income....

• Groww, India's top retail stockbroker, is gearing up for an IPO within a year, targeting a $6-8 billion valuation, double its previous $3 billion valuation.
• The Bengaluru-based firm's IPO will be India's first digital trading platfor...

• Groww, a leading Indian stockbroking company, is planning an IPO with a target valuation between $6-8 billion. They aim to list within 10-12 months.
• The company has raised nearly $400 million and was last valued at $3 billion in Octo...

It was mentioned in shark tank and news articles say it has 20 million users. I have never met anyone using it. Is it a legitimate company? How is the work culture / team? Is it a pay for download traction or real organic traction?

Has anyone heard of this company / app called Stockgro. It claims to have 8 million users. Is this true?