Stride Green plans $500 Million in asset financing for sustainable businesses • EVreporter

Stride Green, an asset finance and management platform located in Delhi NCR, supports businesses in India’s electric vehicle (EV) ecosystem and is expanding to other climate-related sectors such as renewable energy, green hydrogen, waste management, and circular economy solutions. Over the next 18 to 24 months, Stride Green aims to facilitate asset financing of up to $500 million as part of its efforts to support India’s green transition.

In its first six months of operation, the platform has helped reduce 312,000 kilograms of CO2, facilitated over 10 million green kilometers, and achieved an environmental impact equivalent to planting more than 13,000 trees. Stride Green works with original equipment manufacturers (OEMs) like TATA, Switch Mobility, Bajaj, Mahindra, Euler, Omega Seiki, Ola Electric, and Zen Mobility, providing electric vehicle financing to fleet operators and drivers. The platform has also collaborated with companies such as Zomato, Swiggy, Amazon, Flipkart, and Porter to advance green mobility initiatives.

Stride Green’s Asset Lifecycle Management Platform links stakeholders—including OEMs, lenders, maintenance providers, and recycling partners—to promote sustainable management throughout the asset lifecycle. To date, the platform has financed over 1,500 electric vehicles and hyperchargers and has partnered with LOHUM to evaluate the residual value of batteries at the end of their first life cycle.

According to Mr Ishpreet Singh Gandhi, Group CEO, Stride, “At Stride Green, we’re not just financing assets—we’re empowering a sustainable shift in India’s business ecosystem through holistic tech-enabled financing.”

Vivek Jain, Co-Founder & CBO, Stride Green said “In a short span of time, Stride Green has achieved industry-first growth, proving that new-age innovative eco-conscious businesses are in great need of tech-enabled financing solutions. Our in-house technology and financial expertise are allowing us to create bespoke solutions that can address any kind of financial need for all types of eco-conscious businesses.”

Also read: LOHUM and Stride Green partner to finance up to 5000 electric vehicles