Stockal, a platform that enables global investments for Indians, on Thursday said it has raised $3 million in funding from Aroa Ventures, Cadenza Capital Management, and others.
The pre-series A round saw participation from Aroa Ventures (OYO founder Ritesh Agarwal’s family office), Cadenza Capital Management, Kristal.ai, Tracxn Labs, July Ventures, and Credence Family Office, a statement said.
The company has raised $5 million in funding since its launch in January last year.
“Stockal will use the funding to turbocharge its growth into new markets, starting from Indonesia in South East Asia,” it said.
Stockal plans to use the funds raised to boost its growth into new markets, starting from Indonesia in South East Asia.