The alternative investment platform, Grip has announced its partnership with Chartered Bike, to offer individual investors an opportunity to invest in sustainable and environment-friendly asset products.
Under this arrangement, Grip will facilitate the leasing of assets worth $3 million for Chartered Bike over a period of two-three months, through its wealth creation platform, a press release from the investment platform said. The partnership will help Chartered Bike fastrack its deployment rate across geographies and help the company scale.
Nikhil Aggarwal, Co-Founder & CEO, Grip, noted that investors currently are keen to invest in companies or funds that aim to deliver high financial returns while creating a positive or social impact and sustainable investing has been actively integrated among asset owners.
Sanyam Gandhi, Founder, Chartered Bike, said that the company has deployed 4,000 Bikes, 500 Electric Bikes, and 450 stations across seven cities.
“As we expand our services to more cities in the country, partnering with Grip will help us revolutionise last mile commute and strengthen our micro-mobility platform,” he added.
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