About Stockal
Stockal is a company based in New York (United States) founded in 2015 by Vinay Bharathwaj and Sitashwa Srivastava.. Stockal has raised $12.53 million across 4 funding rounds from investors including Kristal, Credence Family Office and trica. Stockal has completed 1 acquisition, including Acru. Stockal operates in a competitive market with competitors including Wise, TransferGo, Remessa Online, CurrencyFair and Western Union, among others.
- Headquarter New York, United States
- Founders Vinay Bharathwaj, Sitashwa Srivastava
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Stockal Software Private Limited
- Date of Incorporation 11 Jun, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$71.96 (USD)-99.98as on Mar 31, 2022
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Net Profit
$-52.6 K (USD)69.86as on Mar 31, 2022
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EBITDA
$-49.69 K (USD)62.55as on Mar 31, 2022
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Total Equity Funding
$12.53 M (USD)
in 4 rounds
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Latest Funding Round
$9 M (USD), Series A
Apr 13, 2022
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Investors
Kristal
& 23 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Stockal
Stockal has successfully raised a total of $12.53M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $9.0M
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First Round
First Round
(03 Jul 2015)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series A - Stockal | Valuation | Hashed , PEAK6 | |
| May, 2021 | Amount | Seed - Stockal | Valuation | Aroa Venture Partners , Cadenza |
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| Jun, 2017 | Amount | Angel Round - Stockal | Valuation | Mohan Alexander , Natarajan Ranganathan |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Stockal
Stockal has secured backing from 24 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Kristal, Credence Family Office and trica. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on crypto-assets
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Founded Year | Domain | Location | |
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Investment firm focused on finance and technology opportunities.
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Founded Year | Domain | Location | |
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Venture capital firm investing in tech sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Stockal
Stockal has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Acru. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Micro-savings are enabled via app for mutual fund investments.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Stockal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Stockal Comparisons
Competitors of Stockal
Stockal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wise, TransferGo, Remessa Online, CurrencyFair and Western Union, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cross-border remittances are enabled for individuals and businesses via apps.
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled for consumers and businesses.
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| domain | founded_year | HQ Location |
International payments are enabled online for consumers and businesses.
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled through CurrencyFair's platform.
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| domain | founded_year | HQ Location |
Provider of remittance services
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled for individuals and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Stockal
Frequently Asked Questions about Stockal
When was Stockal founded?
Stockal was founded in 2015.
Where is Stockal located?
Stockal is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Stockal?
Vinay Bharathwaj is the current CEO of Stockal. They have also founded this company.
Is Stockal a funded company?
Stockal is a funded company, having raised a total of $12.53M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $350K, raised on Jul 03, 2015.
What is the annual revenue of Stockal?
Annual revenue of Stockal is $71.96 as on Mar 31, 2022.
What does Stockal do?
Stockal was founded in 2015 in New York, United States, as a fintech platform in the investment sector. Fractional trading and investment in stocks, ETFs, and cross-border assets are enabled for users. Big-data-driven market research, analysis, price charts, trading indicators, and alerts are provided to support portfolio diversification. Investment tracking, decision-making tools, and portfolio management features are included in operations.
Who are the top competitors of Stockal?
Stockal's top competitors include Wise, TransferGo and Remessa Online.
How many acquisitions has Stockal made?
Stockal has made 1 acquisition, including Acru.
Who are Stockal's investors?
Stockal has 24 investors. Key investors include Kristal, Credence Family Office, trica, ARC Group, and Tracxn Labs.
What is Stockal's valuation?
The valuation of Stockal is $644.3K as of Jul 2015.