Stockal, the fintech startup that enables anyone to invest overseas, today announces $3 million in pre-Series A funding to support its rapid growth into new markets.
[Funding alert] Investment platform Stockal raises $3M in pre-Series A round yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
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Stockal, the platform that enables global investments for Indians, on Thursday announced a $3 million in pre-Series A funding to support its rapid growth into newer markets. This will help the company become the platform of choice to invest in global markets across various asset classes.
The new funding brings the total investment to $5million since it was launched in January 2020.
Venture capital firms have been quick to take advantage of the new market that Stockal is pioneering, with a range of investors contributing to the company’s pre-Series A funding. These include Aroa Ventures – an investment initiative of Ritesh Agarwal s (OYO Rooms founder) family office, Cadenza Capital Management, wealth management platform Kristal.ai, startup research platform Tracxn Labs, July Ventures and Credence Family Office.