India, Dec. 2 -- Investment advisory startup StockGro has raised INR 150 Cr ($16.7 Mn) in a Series B funding round led by Param Capital founder Mukul Agrawal. The latest round involves the issuance of convertible notes. These notes would be initially structured as debt instruments and would be liable to convert into equity shares after an agreed period of time.

The startup plans to utilise the fresh capital to expand its geographical presence, strengthen its stock market AI research platform Stoxo, add new product features and offerings across multiple asset classes.

"With this round, and with products like Stoxo at the core of our journey, we're doubling down on making investors genuinely smarter and more confident about the decisions ...