Stride Green Raises $3.5M to Boost Clean-Tech Financing in India

As the world accelerates towards a low-carbon future, India stands at a critical juncture. With ambitious clean energy targets and a robust entrepreneurial ecosystem, the country is not just participating in the green revolution — it’s shaping it. At the heart of this momentum is Stride Green, a climate-tech startup that’s quietly building the financial infrastructure for clean-tech growth.

On Thursday, the company announced that it has secured $3.5 million in seed funding. The round was led by Micelio Technology Fund and Incubate Fund Asia, signaling strong investor confidence in the green financing space. While other investors weren’t disclosed, the backing from two of Asia’s mission-driven investment funds is telling: climate solutions are no longer just good for the planet — they’re also good for business.

What Does Stride Green Actually Do?

Stride Green offers something uniquely vital in the clean-tech value chain — financing and lifecycle management for clean-tech assets like electric vehicles (EVs), battery storage systems, and renewable energy infrastructure.

But this isn't just about handing out loans.

The startup has built a tech-first platform that leverages real-time analytics and performance tracking. This enables businesses to not only finance green assets but also optimize their utility, manage their maintenance cycles, and extend asset life. It’s like having a full-stack CFO and operations manager for your sustainability infrastructure.

“We are committed to building scalable, innovative solutions with the support of mission-aligned partners,” said Vivek Jain, Co-founder and CEO of Stride Green.

Why It Matters: Timing Is Everything

The timing of this funding is no coincidence. India’s clean technology sector is gaining global traction, with investment volumes surpassing China’s in Q3 2024, hitting $2.4 billion. That’s no small feat — and it reflects the changing investor sentiment and the rising demand for clean infrastructure.

Startups like Stride Green are essential to this shift. Financing and asset management are often overlooked in the clean-tech conversation, yet they are critical in ensuring scalability. Whether it’s a small EV fleet operator or a solar panel distributor, businesses need reliable financial tools to operate efficiently — and that’s where Stride Green steps in.

Building for Scale: The Road Ahead

Currently, Stride Green manages over 3,000 clean-tech assets and works closely with OEMs and logistics players to power their green transitions. With this new round of funding, the startup plans to:

• Expand its geographic footprint beyond existing operational zones

• Diversify into new clean-tech verticals, including advanced renewable infrastructure

• Strengthen its platform capabilities with deeper analytics and automation

Their vision aligns perfectly with a broader national narrative. According to the International Energy Agency (IEA), India is expected to have the fastest renewable energy expansion among major global economies. With that kind of growth forecast, the role of enablers like Stride Green becomes even more significant.

The Broader Context: A Sector on the Rise

2024 has been a landmark year for clean energy in India. Major companies like Waaree Energies, Ola Electric Mobility, and NTPC Green Energy Ltd. have made their public market debut — a sign of growing maturity and investor trust.

This wave of public listings underscores two things:

1. Climate-tech is no longer niche; it’s going mainstream.

2. The ecosystem is ripe for startups offering B2B infrastructure — especially in financing and operational support.

Stride Green, with its strategic focus and proven capabilities, is well-positioned to ride this wave.

More than just a startup, Stride Green is a mission-led organization that combines finance, technology, and sustainability. It has already facilitated over $120 million in green finance instruments — an impressive feat for a company at the seed stage.

At its core, Stride Green is driven by a simple yet powerful mission, "To empower sustainable businesses through innovative asset finance and data insights, accelerating India’s transition to a greener economy."

In a world increasingly defined by climate goals, companies like Stride Green are not just building products — they’re laying down the financial rails for a cleaner, greener, and more sustainable India.