The capital raised in Seed funding round from Micelio Technology, Incubate Fund Asia, and others
FinTech BizNews Service
Mumbai, June 5, 2025: Stride Green, a climate-tech focused asset financing and lifecycle management platform, has announced the successful raise of $3.5 million as part of its Seed Funding Round, led by Micelio Technology Fund, Incubate Fund Asia, and other strategic investors. This infusion of capital is set to bolster Stride Green’s mission to provide innovative, tech-enabled financing and leasing solutions tailored for India’s burgeoning clean energy transition sectors, such as electric mobility, battery storage, renewable etc. The funds will also be used to expand the team, bringing in critical expertise to strengthen capabilities and support future growth.
Vivek Jain, Co-Founder, Stride Green
Founded by Ishpreet Gandhi & Vivek Jain, Stride Green is on a mission to empower sustainable businesses through innovative asset management and finance solutions and data-driven insights, driving the transition to a greener economy. In an industry where early-stage clean technologies are usually not able to find growth capital and scalability in operations, Stride Green is providing a novel, end-to-end leasing and financing platform that is impact-focused as well as operationally optimal. The company’s in-house technology facilitates real-time data analytics, intelligent alerts, and operational insights, enhancing asset performance and longevity.
Vivek Jain, Co-Founder & CEO, Stride Green, said, “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.”
India's clean-tech sector has witnessed a surge in investments, surpassing China in clean technology funding during the third quarter of 2024, with deals worth approximately $2.4 billion. This momentum underscores the country's commitment to fostering sustainable development and reducing reliance on fossil fuels. Stride Green is enabling this shift by equipping eco-conscious businesses with the tools to boost operational efficiency, cut emissions, and scale sustainable solutions across the clean energy value chain.
Rajeev Ranka, Partner, Incubate Fund Asia, said, “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. StrideGreen, Ishpreet, and Vivek have been at the forefront of creating scalable new age financing products, very glad to support their vision and join the journey.”
Stride Green is poised for geographical and technological expansion, aiming to broaden its presence across new regions and diversify into emerging verticals within the climate technology sector. This growth strategy reflects the company's dedication to scaling sustainable solutions and driving innovation in the clean energy ecosystem.
Alok Chauhan, Principal, Micelio Technology Fund, added, “At Micelio, we have held a strong belief that the transition to clean mobility requires specialized financing infrastructure that can evolve with innovation. Stride Green's tech-first platform addresses a critical gap between traditional financing and clean mobility's unique needs—helping unlock significant capital for the sector. We're excited to support this ecosystem-focused approach that aligns perfectly with our portfolio's mission to advance the clean mobility ecosystem through strategic technology investments."
Stride Green's impact is already evident, with the platform managing over 3000 cleantech assets, collaborating with major OEMs as well as leading logistics and mobility companies.
