Stride Green
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Overview
Stride Green is a Gurgaon-based climate-tech company specializing in asset financing and lifecycle management for sustainable businesses. Founded in 2024 by Ishpreet Gandhi and Vivek Jain, Stride Green targets sectors such as electric mobility, battery storage, and renewable energy. Recently, in June 2025, Stride Green raised $3.5 million in a seed funding round led by Micelio Technology Fund and Incubate Fund Asia, which marks a significant milestone in its expansion efforts.
Recent Developments
- June 5, 2025: Stride Green announced a $3.5 million seed funding round from lead investors Micelio Technology Fund and Incubate Fund Asia. The funds raised are earmarked for expanding team capabilities and enhancing the company's tech-enabled financing solutions.
- Their platform currently manages over 3,000 cleantech assets, offering real-time data analytics and operational insights.
- The funding will support vertical and geographic expansion, targeting more areas within India's clean energy sectors like electric mobility and renewable energy.
- Vivek Jain, CEO, emphasized the strategic aim to innovate and scale solutions within the climate-tech ecosystem with the help of mission-aligned partners.
- 2024 Developments: In late 2024, Stride Green played a pivotal role as India's clean-tech investments surged in Q3, surpassing China with $2.4 billion in investments. Their partnership strengthened with companies needing electrification solutions across various industries like e-commerce and logistics.
- They began pushing boundaries into battery storage and renewable energy sectors, demonstrating a commitment to the clean energy transition in India.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2024 |
| Headquarters | Gurgaon, India |
| Founders | Ishpreet Gandhi, Vivek Jain |
| Revenue | Not Disclosed |
| Profits | Not Disclosed |
| Key Investors | Micelio Technology Fund, Incubate Fund Asia |
| Industry | Climate-Tech, Asset Financing |
| Number of Employees | Not Disclosed |
Early History
Stride Green was founded in 2024 by Ishpreet Gandhi and Vivek Jain with the objective of addressing the financing needs of early-stage clean technology projects in India. Its founding was driven by the growing demand in the electric mobility sector and renewable energy space. The company's mission was to create a sustainable platform for asset financing, catering to businesses looking to transition into or enhance clean energy operations. This involved building strategic alliances with original equipment manufacturers (OEMs) and major players in logistics and mobility sectors, helping them efficiently finance and manage their green technology infrastructure.
Company Profile and Achievements
Stride Green has distinguished itself in the climate-tech industry by focusing on a technology-first approach to asset financing and management:
- Innovative Solutions: The company provides financing and leasing solutions that are specifically tailored for the clean-tech sector, including real-time analytics, operational insights, and lifecycle management.
- Strategic Partnerships: Stride Green collaborates with various OEMs and logistics companies to support the deployment of clean technologies in electric vehicles and other sustainable initiatives.
- Growth Milestones: Since its inception, the company has rapidly expanded its asset base to over 3,000 cleantech units.
- Sustainability Impact: By offering bespoke solutions, Stride Green aids businesses in cutting emissions and improving operational efficiencies, contributing to India's broader clean-tech goals.
Current Operations and Market Position
Stride Green operates at the intersection of finance and sustainable technology, mainly focusing on industries that are committed to reducing their carbon footprint through clean energy solutions. By providing leasing, financing, and asset management services, it facilitates the adoption of electric mobility, battery storage, and renewable energy solutions. This positions Stride Green as a leading player in the clean-tech finance space in India, with a strategic focus on expanding both geographically and into new emerging sectors of climate technology.
Conclusion
Stride Green's rise in the climate-tech industry exemplifies the growing trend of clean energy financing solutions tailored to today's global sustainability goals. As it continues to innovate and expand, Stride Green is positioned to become a significant enabler for businesses transitioning to sustainable practices. Its partnerships and technology-first platform offer essential solutions in a world increasingly moving towards renewable energy. In the coming years, Stride Green may play a crucial role as a catalyst for clean-tech advancement not only in India but potentially on a global scale.