StockGro to raise $10-15M from Saudi Arabia
Bengaluru-based social investing platform StockGro is in advanced talks to raise $10–15 million in a pre-Series C round led by Tawuniya, Saudi Arabia’s largest insurance company. Reports first surfaced on February 19, 2026 and were published by Lapaas Voice on February 23, 2026.
Reports on February 19, 2026 indicate that Bengaluru-based social investing platform StockGro is in advanced talks to raise between $10 million and $15 million in a pre-Series C funding round, with the investment set to be led by Tawuniya, Saudi Arabia’s largest insurance company, according to Lapaas Voice.
"On February 19, 2026, reports surfaced that the Bengaluru-based social investing platform StockGro is in advanced discussions to raise $10–15 million in a pre-Series C funding round," Lapaas Voice reported, in a story published on Monday, February 23, 2026.
Deal details and parties involved
The reporting identifies Tawuniya as the lead investor in the proposed transaction. Tawuniya is described in the piece as Saudi Arabia’s largest insurance company. StockGro is named as the target company — a Bengaluru-headquartered social investing platform — and the proposed financing is framed as a pre-Series C round sized at $10–15 million.
- Company: StockGro (Bengaluru)
- Round: Pre-Series C
- Target raise: $10–15 million
- Lead investor: Tawuniya (Saudi Arabia’s largest insurance company)
- Initial reports surfaced: February 19, 2026
- Source reporting: Lapaas Voice (published February 23, 2026)
The story on Lapaas Voice does not include comments from StockGro management or from Tawuniya. It presents the information as reports that had surfaced on February 19, 2026 and reiterated those details in the February 23 publication. No valuation, participation from other investors, or specific use of proceeds was disclosed in the report.
StockGro has been identified in media coverage as a social investing platform based in Bengaluru. The proposed injection of $10–15 million at the pre-Series C stage would represent an extension of capital into India’s retail and social investing segment by a major Saudi institutional investor, according to the reporting.
Outlook
If the transaction completes on the terms reported, the financing would add Saudi institutional capital to a Bengaluru fintech startup at a relatively late private stage. The Lapaas Voice piece frames the matter as an advanced discussion rather than a concluded deal; follow-up confirmations, official statements from StockGro or Tawuniya, and additional syndicate details were not provided in the report.
Market participants and observers will likely watch for formal announcements from the companies involved, documentation of lead investment terms, and any disclosure of valuation and strategic partnership elements. For now, the item remains a report of advanced talks for a $10–15 million pre-Series C round led by Tawuniya, as set out in the Lapaas Voice coverage published February 23, 2026.