When an entrepreneur set their teeth, there is no power in this world that can even cause a little harm to their determination. Ajay Lakhotia is one such rigid man who has traveled the entrepreneurial journey from the manufacturing sector to the stock market to Venture Capitalist. To learn more about his most interesting journey, welcome to this Ajay Lakhotia Biography – the Founder of StockGro.
Key Points
- Ajay Lakhotia started his entrepreneurial career with Lakhotia Group in 2000 and exited it with a multi-million dollar valuation.
- In the 2008 Stock Market Crash, he lost Rs 80 Lakhs and this incident led him to research and understand the market from the close.
- With the aim that nobody had to face such a financial crisis in the future he founded StockGro (Legally known as AssetGro Fintech Pvt Ltd) which is a social investment platform founded in 2020.
Ajay Lakhotia Biography
Ajay Lakhotia was born on 31 August 1982 in India. He had surpassed a commendable journey of struggle to achieve the success he has today. He initially disrupted the manufacturing industry of printing and packaging. But the real story begins in 2008, which was the most terrible year in financial history.
Due to an uncertain Stock Market crash, so many people lost their money and if you do not know that let me tell you, Ajay Lakhotia was also one of them who lost a total of Rs 80 Lakhs in the Stock Market Crash. It was an eye-opening incident for him. After this, he decided to learn about the stock market and how actually things work so that he never has to face similar problems again in the future.
In response, Ajay Lakhotia founded StockGro where users are allowed to trade in money so that if somehow they lose their money, the real money will still be in the user’s pockets. Apart from being a true entrepreneur, Ajay Lakhotia is also a Venture Capitalist who has invested in several startups. Ajay Lakhotia age is 41 years as of 2023, and in this life, he has lived an incredible life that needed to be appreciated and discussed. So stay tuned and keep reading this Ajay Lakhotia StockGro success story.
Full Name | Ajay Lakhotia |
Date of Birth | 31 August 1982 |
Age | 41 Years (As of 2023) |
Birthplace | India |
Residence | Bengaluru, Karnataka, India |
Father’s Name | Mr. Lakhotia |
Mother’s Name | Mrs. Lakhotia |
Wife’s Name | Mrs. Ajay Lakhotia |
Education | B.Com, PGDBA, CFA, MBA |
College Name | B.Com – University of Calcutta, PGDBA – Symbiosis International University, CFA – CFA Institute, MBA – Indian School of Business |
Occupation | Entrepreneur & Ex VC |
Business Name | StockGro |
Current Position | Founder and CEO |
Net Worth | Yet To Confirm |
Ajay Lakhotia Education
Ajay Lakhotia has completed his whole educational journey in India. In 1999 he joined the University of Calcutta to pursue his Bachelor of Commerce in Accountancy Honors which he completed in 2002. After that in 2005, he enrolled at Symbiosis International University for the PGDBA (Post Graduate Diploma in Business Analytics) in Marketing and Business Development which he finished in 2007.
After that, he also attended CFA Institute for a one-year course in Chartered Financial Analyst from 2008 to 2009, and right after ending up with this course, he enrolled at the Indian School of Business to pursue a Master of Business Administration in Analytical Finance and Strategy.
Ajay Lakhotia Family
There are a few members in Ajay Lakhotia family but unfortunately, he has not provided any information about them. So whenever I will come to know about his family, I will update you immediately.
Ajay Lakhotia Career
Ajay Lakhotia’s career began as an entrepreneur in 2000 when he established the Lakhotia Group and served the manufacturing company as the co-founder and Director. He was deep-rooted in the printing and packaging industry in the Eastern Indian market and successfully exited the company with a massive valuation of Multi-Million Dollars in 2008 with the objective of stepping into the growing industry of Information Technology.
After this closure, he worked at Capgemini Consulting as a Senior Consultant from 2008 to 2009 and at ICICI Bank as a Vice President in India from 2010 to 2011. Apart from that, he has also served as a Board Member in various ventures including IDG Ventures India (2012 – 2015), FirstCry.com (2014 – 2015), and Yatra Online Pvt Ltd (2014 – 2015 ).
From 2011 to 2015, Ajay also worked at Vertex Venture Management as the Investment Director and was an Investor in ONEMi.in ( Kissht.com ) from 2016 to 2018. Ajay was also a partner with FOSUN RZ Capital (2016 – 2018) and Gravity Capital (2018 – 2019).
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Ajay Lakhotia StockGro
By keeping the disaster of the stock market crash in 2008 and using the investment expertise that he gained after facing RS 80 lakh loss in the crash, he decided to create a social investment platform where people will trade with virtual money allotted by the platform itself initially, so the fear of losing money will be eliminated. Hence in January 2020, he founded StockGro – All Things Business.
Ajay Lakhotia StockGro gives the chance to share trading ideas through the social network of the platform and test their trading skills with daily games that allow users to win real money prizes.
So basically, Ajay Lakhotia StockGro is a social investment platform with over 5 million trusted users.
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Ajay Lakhotia Net Worth
The estimated Ajay Lakhotia net worth can not be determined at this point in time. His major sources of earnings are his business and startup investments. He believes that investment should be a major part of our lives but the priority should be understanding the market instead of just putting the money by keeping eyes closed. And to make it simple, he founded StockGro
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Ajay Lakhotia Social Media
In this StockGro founder Ajay Lakhotia Biography, I have shared all the crucial details about the entrepreneur and you might be interested in following him as he is available on various social media platforms including Instagram, Twitter LinkedIn, etc. where you can find him and can stay connected with him.
Ajay Lakhotia Instagram username is @ajay_stockgro and his Twitter handle name is @ajlakhotia, he has more than 8,756 Followers on Twitter. His LinkedIn username is Ajay Lakhotia and he has more than 14,313 followers and 500+ connections on LinkedIn.
Apart from that, Ajay Lakhotia had an incredible talk with the Indian popular YouTube personality Raj Shamani. Here I am providing the link to Ajay Lakhotia’s podcast with Raj Shamani below.
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Interesting Facts About Ajay Lakhotia
Through this StockGro Ajay Lakhotia biography, I have tried my best to provide you with the necessary details about the entrepreneur and thus you must have read up on these facts about Ajay Lakhotia. So here I am sharing some interesting and lesser-known facts about Ajay Lakhotia.
- Ajay Lakhotia lost 80 Lakh Rupees in the 2008 Stock Market Crash.
- Ajay founded StockGro in 2020 which is India’s first social investment platform.
- His first startup was Lakhotia Group which he co-founded in 2000.
- Lakhotia Group was a manufacturing company in the printing and packaging industry from he exited in 2008 by making it successfully a multi-million dollar.
- Ajay Lakhotia StockGro was among LinkedIn’s Top Startups for 2023.
- He has done an incredible podcast with Raj Shamani on his Podcast – Figuring Out With Raj Shamani.
- He has been named to the BW Disrupt 40 Under 40.
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Final Words
Through StockGro founder Ajay Lakhotia’s success story, we have learned that learning from mistakes is the biggest flex. He learned from his mistake and started his own research about the Stock market so that he does not have to face the same problem again, nobody has to face the same problem again, so he created a platform where people can test their trading skills and ideas without losing the actual money. He is really an inspiring personality.
In this Ajay Lakhotia biography, I have shared his all details including Ajay Lakhotia date of birth, Ajay Lakhotia age, Ajay Lakhotia education, Ajay Lakhotia career, Ajay Lakhotia business, Ajay Lakhotia net worth, Ajay Lakhotia social media, facts about Ajay Lakhotia, etc.
Hope this StockGro founder Ajay Lakhotia’s success story was inspirational for you and the content I have provided was also useful and informative enough for you. Thanks for reading.
FAQs
Who is the CEO of Stock Gro?
Ajay Lakhotia is the founder and CEO of StockGro – a social investment platform.
Who is the CEO of Stock Gro?
Assetgro Fintech Pvt. Ltd. is the legal name of StockGro.
What is Ajay Lakhotia age?
StockGro founder and CEO Ajay Lakhotia age is 41 years as of 2023.
Who is Ajay Lakhotia?
Ajay Lakhotia is the founder of CEO of StockGro which is India’s first social investment platform where users can share trading ideas with social communities, test their trading skills by playing games, and can also win real cash prizes.