StrideGreen, a company that helps finance and manage climate-friendly technology, has raised $3.5 million. The funding round was led by the Micelio Technology Fund, which focuses on clean transportation.
The funding round also included support from early-stage investment company Incubate Fund Asia and other important investors.
The startup will use the money to improve StrideGreen’s products and hire more people for its team.
“Largely, the deployment is focused on bringing expertise into the system. This could be in the form of talent, technology, or various new initiatives that we are currently exploring,” cofounder and chief executive Vivek Jain. “The second aspect is creating bespoke solutions, which will require some capital commitments from our side.”
“The clean energy transition is something we are actively exploring. We’ve started with electric mobility, are moving into battery storage, and are entering the renewable energy space,” Jain added. It will expand these verticals in the next three to four quarters.
Alok Chauhan, Principal of Micelio Technology Fund, said, “The transition to clean mobility requires specialised 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.”
StrideGreen was started in 2024 by Ishpreet Gandhi and Vivek Jain. The company is based in Gurugram and helps sustainable businesses with financing and management services.
They use their technology to give real-time data, alerts, and insights. This helps make sure assets work better and last longer.
The platform takes care of over 3,000 clean technology assets and works together with equipment makers and delivery companies.
StrideGreen helps these businesses by offering leasing and financing, making it easier for them to grow in a green and sustainable way. The company also plans to expand into new areas and industries to have a bigger impact on climate technology.
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