In a time when climate change is more than just a talking point—it’s an economic reality—Stride Green is stepping up to offer a new kind of financial solution. The Gurugram-based startup recently announced a $3.5 million seed funding round, led by Micelio Technology Fund, with contributions from Incubate Fund Asia and a handful of strategic investors.
But why should you care?
Because Stride Green isn’t just another fintech startup—it’s a critical bridge between sustainable innovation and accessible financing. It’s enabling the future of clean transportation, solar energy, and EV infrastructure in India, a country with both massive potential and pressing needs in climate action.
What Is Stride Green?
Stride Green is a climate-tech company focused on tech-enabled asset financing for sustainable sectors. It operates a platform that helps businesses and individuals access financing for:
Electric vehicles (EVs)
Battery storage units
Solar energy systems
EV charging infrastructure
The startup was co-founded by Ishpreet Singh Gandhi (also founder of Stride Ventures) and Vivek Jain, and has already made significant traction in India’s EV ecosystem.
Since launch, it has financed over 2,500 sustainable assets, including:
Two-wheelers
Three-wheelers
Four-wheelers
Commercial EV trucks
Their platform simplifies and de-risks green asset ownership by digitizing underwriting, disbursal, and lifecycle monitoring—something traditional banks have struggled to do efficiently in this sector.
Why Stride Green’s Funding Is a Big Deal
The $3.5 million seed round, led by Micelio Technology Fund, marks a vote of confidence in Stride Green’s vision for democratizing clean tech financing.
Key Investors in the Round:
Micelio Technology Fund – Known for investing in sustainable mobility startups
Incubate Fund Asia – A Japan-origin early-stage VC firm
Strategic angels and institutional investors also participated
The capital will be deployed toward:
Scaling the digital asset financing platform
Hiring across tech, credit, and operations
Expanding into newer asset classes
Strengthening risk intelligence and underwriting
According to Gandhi, this funding will help “catalyze asset-backed capital flows in segments like electric mobility, battery storage, and renewables—all aligned with India’s broader energy transition goals.”
The Real Problem Stride Green Is Solving
Let’s break it down: Financing for green assets is broken.
Traditional lenders see EVs and solar panels as risky.
Lack of historical data makes underwriting inefficient.
Asset owners face high interest rates and long approval cycles.
That’s where Stride Green steps in with a tech-first, risk-intelligent platform.
It not only provides financing but also monitors asset health, usage patterns, and lifecycle costs in real time—ensuring that capital isn’t just deployed but also preserved.
Think of it like a fintech brain tailored for the climate-tech body.
The Vision: Making Climate-Friendly Assets Bankable
Stride Green’s model aims to normalize ownership of clean tech, not just for large corporations, but for MSMEs and individual operators. Their offering sits at the intersection of:
Sustainability
Finance
Technology
This aligns with national initiatives like FAME India (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) and PLI schemes for solar energy. It’s a classic case of climate goals meeting economic incentives.
Stride Green: At the Crossroads of Profit and Purpose
Startups like Stride Green are crucial to bridging the climate financing gap, which, according to a NITI Aayog report, could exceed $10 trillion by 2070 if India is to meet its net-zero targets.
Here’s what sets them apart:
- Digital-first financing model
- End-to-end asset lifecycle management
- Specialized focus on underserved but high-impact sectors
- Commitment to real-world sustainability, not just greenwashing
What’s Next for Stride Green?
With the new funding, the company is expected to:
Expand across India with a focus on Tier II and III cities
Introduce financing for newer verticals, like battery leasing and solar cold storage
Partner with OEMs and clean tech startups to embed financing directly at the point of sale
A Small Step for a Startup, a Giant Leap for Green Finance
Stride Green may be young, but it’s tackling one of the biggest challenges in the fight against climate change: making clean tech financially viable.
In a landscape where buzzwords like “sustainability” are often more fluff than function, Stride Green is walking the talk—one financed asset at a time.
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