Stride Green raises $3.5 million in a seed funding round led by Micelio Technology, others

Stride Green, a climate-tech focused asset financing and lifecycle management platform, recently raised $3.5 million as part of its seed funding round to provide what it calls tech-enabled financing and leasing solutions tailored for India’s burgeoning clean energy transition sectors, such as electric mobility, battery storage, and renewable energy.

The round was led by Micelio Technology Fund, Incubate Fund Asia, and other strategic investors. The startup will use the raised capital to expand the team, bringing in critical expertise to strengthen capabilities and support future growth.

Founded by Ishpreet Gandhi and Vivek Jain, Stride Green aims to empower sustainable businesses through innovative asset management and finance solutions and data-driven insights, driving the transition to a greener economy. The startup said it is providing an end-to-end leasing and financing platform that is impact-focused as well as operationally optimal. Its 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.”

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.