Grip Invest raises Rs 21 crore from Venture Highway, others

New Delhi: Grip Invest, a financial technology platform, has raised $3 million (about Rs 21 crore) in a Series A funding round led by Venture Highway and Endiya Partners.

AdvantEdge and existing investors Anicut Angel Fund and Gemba Capital participated in the fundraise, as did angels like Cube Wealth founder Satyen Kothari, Cube Wealth executive Gaurav Gupta, Cashfree cofounders Akash Sinha and Reeju Datta, and Navi CFO Ankit Agarwal.

The fintech startup, which has now raised a total of $3.6 million, will use the fresh capital to expand the range of investment products offered, launch new user features and strengthen its team. The firm aims to facilitate Rs 1,000 crore in investments by September 2022.

Source-Economic Times

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