Stoxo AI: StockGro's New Tool for Smarter Trading

StockGro, an Indian wealthtech startup, has developed a new custom AI model called Stoxo. This tool aims to simplify trading decisions for everyday investors. Stoxo is a small language model designed specifically to help retail investors understand complex trading ideas, particularly in futures and options, or F&O. These are advanced and often risky trades. The model was trained using five years of market data and conversations from StockGro's investor community. At the Inc42 AI Summit, StockGro demonstrated Stoxo analyzing a 24-week options strategy backtest in under 10 seconds. In that brief time, it also calculated risk-reward ratios and standard deviation ranges. According to StockGro's founder and CEO, Ajay Lakhotia, this conversational data is unique to their ecosystem. The company plans to provide small investors with tools typically available only to larger institutions. This matters because a study found that 93% of retail investors in F&O lost money between FY22 and FY24.