Business News | StockGro’s ASPIRE21 Event Ends, 6 Winners Receive 1 Lakh Cash Prize With PPI Offer

Bangalore (Karnataka) [India], Dec. 9 (ANI / NewsView): StockGro, India’s first and largest social investment platform, launched one of the biggest stock simulation challenges called ASPIRE, to help students get educate yourself about trading and investing the right way.

ASPIRE allowed students to experience real-time trading and not only to develop their skills, but also to have the potential to become successful investment professionals.

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The event was a one-of-a-kind invitation for future fund managers, financial analysts and wealth managers from leading B-Schools, BBA and B.Com colleges in India to showcase their expertise in the field of fund management. portfolio, investment banking and corporate finance.

It gave a stage to the bright minds and allowed them to put together the best portfolios of stocks. The performance of the students was evaluated by a panel of renowned judges from the banking and financial sectors.

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With more than 5,000 students from 2,500 participating teams, the competition created a buzz in major Indian institutes. About 100 colleges took part in the competition and the platform got 18 finalists at the end. Over 300 teams won cash rewards and goodies with a collective value of Rs. 5 Lakh. The jurors analyzed the work of the finalists on parameters such as strategy, analytical and problem-solving skills, real-time implementation and portfolio diversity.

The event ended in three stages. In the grand final, three winning teams consisting of six winners were awarded with Rs. 1,000,000 / – cash prizes. The winner received an amount of 50K, while the finalist and the 2nd finalist received an amount of 30K and 20K respectively.

Apart from this, 7 students from IIM Nagpur, IIM Kashipur, IIM Bangalore and DMS Delhi received pre-placement interview offers (PPI) from Bace Capital & Roots Ventures. This offer gives winners an advantage to go straight to pre-placement interviews and skip the screening queue.

Speaking on the development, Ajay Lakhotia, Founder of StockGro, said, “The purpose of launching this informative series is to educate students about market analysis related to trading. Right now there are many myths surrounding the stock market. don’t have the right body of knowledge. Therefore, we decided to develop the culture of investment, and therefore we launched the initiative with the students because it is very important for them to learn more about the dynamics of the industry. There are times when an individual wants to invest in the financial market, but the details of a highly volatile capital market often turn them off. During these testing times, we want to educate students and shatter their myths about the trading and investing market. “

This event offered young minds looking for a career in the financial markets the opportunity to create the best equity portfolio and to be judged by the jury. The StockGro app launched on Google Play Store last December and has so far crossed over five million users in just 15 months.

StockGro is the premier social investment platform in India which enables users to hone their investing and trading skills. Beginner to expert level users from all walks of life compete against each other using compelling strategies in real-time stock leagues. With users receiving virtual money upon signing up, StockGro is the embodiment of risk-free learning. It further encourages the process by rewarding users with cash prizes for building winning portfolios.

Discussions on a wide range of topics, from personal finance to macroeconomics, thrive on the platform. Experts share their views on the app’s social discussion groups and users to share their learnings. StockGro allows users to follow the portfolios of their friends and other experts, facilitating a peer learning experience.

The StockGyan section of the app takes this learning a step further with byte-sized content on interesting financial topics ranging from cryptocurrencies to technical analysis. The app also provides real-time market updates and streamlined interpretations.

StockGro has a strong network of over 325 Indian institutes for which thousands of trading contests have been held on the platform. Educational organizations like ICAI-NIRC have collaborated with StockGro to integrate hands-on learning about the stock markets into their curriculum.

StockGro plans to expand its offerings to include various new asset classes, including forex, commodities, crypto, gold, and bonds, and to add exciting new features including technical analysis and macro trends, which make profitable investing hassle-free, easy and accessible for its user community.

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