Gurugram-based Grip Invest raises pre-Series A round led by Anicut Angel Fund

Grip Invest, a digital platform for facilitating investments, has secured its first round of equity funding in a round led by Anicut Angel Fund with participation from Gemba Capital and well-known angel investors such as Anupam Mittal, Sunjay Kapur, and Maninder Gulati.

Grip Invest provides a lease finance platform where investors can purchase and lease assets to companies, providing them an additional investment instrument while enabling companies to grow faster by converting capex to opex.

“We continue to see over 15 percent week-on-week growth in new investing users, close to 50 percent repeat investment rate as well as great traction for leasing opportunities, including with large ventures like Bounce, Rentomojo and Furlenco,” said Nikhil Aggarwal, Founder and CEO, Grip Invest.

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