What is Grip?
Grip is an innovative investment marketplace headquartered in Gurgaon, India. The platform empowers investors by offering avenues for co-investment and partial ownership in physical assets. These assets are designed to generate consistent lease income, providing a unique investment proposition. The company's strategic positioning in the investment marketplace allows it to bridge the gap between investors seeking tangible asset returns and opportunities for fractional ownership.
How much funding has Grip raised?
Grip has raised a total of $13M across 2 funding rounds:
Series A
$3M
Series B
$10M
Series A (2021): $3M with participation from Endiya Partners, Anicut Angel Fund, Gemba Capital, Venture Highway, and AdvantEdge
Series B (2024): $10M led by Stride Ventures, Lighthouse Canton, and Multiply Ventures
Key Investors in Grip
Stride Ventures
Stride Ventures is a venture capital firm established in 2019, based in New Delhi, India, with a focus on investing in innovative startups across the country.
Lighthouse Canton
Lighthouse Canton, founded in 2014, is an asset and wealth management firm with offices in Singapore, Dubai, and India. They manage over S$2B in assets across public and private markets, with a strong track record in real estate private equity and direct lending.
Multiply Ventures
Multiply Ventures is a thesis-driven, early-stage venture capital fund concentrating on consumer technology. They aim to support ambitious entrepreneurs building products and services for the large Indian consumption market.
What's next for Grip?
With the recent infusion of major strategic investment, Grip is poised for accelerated growth and market expansion. This enterprise-level funding is expected to fuel further development of its investment marketplace, enhance its co-investment offerings, and potentially broaden its reach into new asset classes or geographical markets. The company's trajectory suggests a focus on scaling its operations and solidifying its position as a key player in the alternative investment landscape.
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