Mumbai, June 5 -- Stride Green, a climate-tech asset financing and lifecycle management platform, has raised US$3.5 million in a seed funding round led by Micelio Technology Fund and Incubate Fund Asia, along with other strategic investors.
The capital will help scale Stride Green's tech-driven financing and leasing offerings across clean sectors like electric mobility, battery storage, and renewables. Funds will also support team expansion and future capability building.
Founded by Ishpreet Gandhi and Vivek Jain, Stride Green aims to bridge financing gaps in early-stage clean technologies. Its proprietary platform uses real-time analytics and intelligent alerts to optimise asset performance and improve lifecycle efficiency.
"At Stride Green, we're driven by deep domain expertise and a clear purpose to develop innovative and scalable solutions for the climate-tech ecosystem. We are grateful to have eco-conscious, mission-aligned partners like Micelio and Incubate, whose support empowers us on our journey to deliver bespoke, high-impact solutions for a more sustainable future," said Vivek Jain, Co-Founder & CEO, Stride Green.
India's clean-tech space saw US$2.4 billion in investments in Q3 2024, surpassing China. Stride Green aims to harness this momentum by enabling climate-forward businesses to cut emissions, boost efficiency, and scale impact.
"We are very excited to partner with Stride Green to co-create the new age green financing and asset management platform to meet the needs of the evolving energy sector, electric mobility, and financial institutions," said Rajeev Ranka, Partner, Incubate Fund Asia.
Stride Green now plans to expand geographically, enter new verticals, and deepen its role in India's clean energy transition.
Published by HT Digital Content Services with permission from Construction World.