Everyone Is Equal

To be able to make USD 40 million for a company that is less than five years in age sounds almost impossible, but that is exactly what Piyush Makharia, CFO of StockGro, has done. 

A novel idea 

Founded in 2020, StockGro is a startup which aims to educate people about trading and investments, “StockGro is a novel idea that rose from the lack of any offthe-shelf products for risk-free financial education. Our core product is built on two important aspects of building a trusted and reliable social platform for all our users in a trust deficit market,” says Makharia. 

Transparency 

Makharia’s USP is his transparency and consistency. “All the financial and business strategies designed were kept in mind to bring in trust, transparency and the highest governance standards for all our stakeholders,” he says. The only reason StockGro has been able to raise as much capital as it has is thanks to Makharia’s regular and timely preparation of all accounting records, which, he states, has allowed for timely investor reporting and boosting overall investor confidence. 

Inclusivity 

Makharia also stresses on the importance of inclusivity; telling all the employees what the company is up to and educating them regularly is a key differentiator as it allows for transparency among the entire organisation, nothing is done behind closed doors. 

This is taken a step further as Makharia states that all employees are encouraged to contribute to decision-making of the company, everyone’s voice is heard. “We make employees aware of key financial progress and reasoning for all financial decisions,” he adds. 

All of Makharia’s efforts have paid off in the end. Not only has StockGro been able to raise USD 40 million, but the organisation also encourages employees to be an active part of the decision making process. Not only has the company become successful in its short span of existence, it has also done so in an inclusive and transparent way