StockGro becomes the official sponsor of Royal Challengers Bangalore
- ByStartupStory | March 26, 2022
For the upcoming IPL season, StockGro, a social and gaming investment platform, has signed on as the official sponsor of Royal Challengers Bangalore (RCB). With this partnership, the platform will engage with Indian cricket fans and focus on brand recall among them for the whole 2022 season. StockGro will employ brand material to enhance its sponsorship, including tiny bats and replica jerseys signed by RCB players, in addition to commercials on the Hotstar app.
The StockGro Premier League will be held on the platform, with prizes including RCB x StockGro goods and an invite-only pass to the final screening at UB City in Bangalore for the champions, according to the company.
Ajay Lakhotia, a former venture capitalist, created StockGro in January 2020. It is a virtual interface-based social investment platform that allows users to explore trade techniques, compete, and engage. Through gamified editions and workshops, the site intends to assist users to comprehend the complexities of the stock market. The app currently has roughly 10 million downloads and 8.5 million average monthly users, according to the company. It also claims to have a network of over 325 top Indian institutes with whom it has held trading competitions. StockGro has cooperated with educational institutions such as ICAI-NIRC to integrate actual stock market learning into their curricula.
The StockGro Premier League will also take place at StockGro, with a giveaway of RCB x StockGro items and a grand prize of an invite-only pass to the final screening at UB City in Bangalore for the victors. “Royal Challengers Bangalore is a cutting-edge Gen Z millennial lifestyle brand,” Rajesh Menon, Vice President and Head of Royal Challengers Bangalore, stated of the relationship.
StockGro is a social investment and gaming platform that uses gamified versions and sessions to assist users to grasp stock market subtleties. The app currently has 10 million downloads and 8.5 million average monthly users, according to the company.
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