Invest in Leasing, Startup Equity ,Real Estate and Bonds from one Platform. Small Minimum Requirement
- Easy, modern and extremely user friendly UI for browsing, investing, adding funds, etc. on the Grip Invest site app
- Transparency regarding the specifics of investment opportunities
- Multiple Asset classes to choose
- Association with Large corporations that have a great track record
- Lack of regulations with non-market-linked investment opportunities
- VC Investments in startups carry both high risk and a high reward.
- Most Leasing deals available are with startups.
Overview
Grip Invest has become one of the top alternative investment platform in India. The platform list selected deals ranging from Equity Investment to Leasing finance with low minimum investments. Returns range from 10-20% IRR depending on the type of deal.
Type of Investment Opportunites
Invest options listed on GripInvest are typically of very short, short or medium-term duration.
- Leasing
- Startup Investing
- Corporate Bonds
- Inventory Financing
- Commerical Real Estate
Some Recent Deals Featured on GripInvest
- Everest Fleet Leasing
Launched in October 2016, Everest Fleet is the largest fleet management service provider for Uber in India.The Company currently manages a fleet of 5,406 cars between Delhi, Mumbai, Bengaluru, Hyderabad, and Pune. Grip Deal offers a 24 month car lease to Everest at 22% IRR
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Strata Bangalore Warehousing Opportunity
Grip in partnership with Strata has launched an opportunity to invest in warehousing opportunity in Bangalore targeting an IRR of 11.8%. The minimum investment is 1 lakh.
Expected Returns
Investors can invest a minimum of INR 20,000 for a pre-tax IRR of 20%+. Another way to look at the returns is to consider that they would have a 20% pre-tax annual yield if they kept their money invested in Grip’s assets.
Various returns are offered by each investment opportunity that has been selected and presented on the platform. Investors can view comprehensive details about all of the available leasing opportunities prior to moving forward. Startup Investing do not have any predetermined returns and will depend on performance of the asset
GripInvest Team
The CEO of Grip Invest, Nikhil Aggarwal, and Vivek Gulati is the company’s founders with Aashish Jindal being the Chief Product Officer. Nikhil Aggarwal has previously co-founded Chalo, one of India’s largestmobility start-ups and the largest private operator of city buses in India. The other co-founders were part of Nikhil’s team in Chalo
Grip Invest’s Current company size is around 30
Jiraaf Funding
In the first round of equity funding led by Anicut Angel Fund, Grip Invest secured funding from Gemba Capital and well-known angel investors like Anupam Mittal, Sunjay Kapur, and Maninder Gulati.
It has also raised $3 million (about Rs 21 crore) in a Series A funding round led by Venture Highway and Endiya Partners.
Frequently Asked Questions
- .How does Grip Invest make money?
Grip goes through a careful due diligence procedure Before partnering with a corporation, to ensure the security of the investment. By taking a small commission on the returns, Grip generates its income and also levies a 2% commission on the monthly returns it pays to investors. Grip thus receives payment only when investors do. In addition, they charge their leasing partners a 1% processing fee. Through this process, Grip is able to select the best, most growth-oriented partners thanks to this open business model.
What is the minimum investment amount with Grip Invest ?
The minimum investment at Grip Invest starts with INR 20,000.
- What is the KYC Process of Grip Invest?
For KYC process of Grip Invest a valid PAN and an Aadhaar card are required. If an Aadhaar card is not available, Passport is also applicable for NRI investors.
- How to invest in Grip Invest?
Investing in Grip Invest is easy. Once the signup process is completed, one can go to the asset section and see a list of available deals to invest in. After taking a look around, one can click on the offer they like, or they can check each one of them and choose the best. On this page, you can check every detail of the deal and offer, including the minimum amount, repayment schedule, fees, timeline, the company, finances, etc., and then choose to move forward accordingly. Once you decide whether to buy or invest in a deal, all you have to do is enter the amount you want to invest and click continue. After successful payment, you can see the investment overview on Grip Invest.
- How to sign–up on Grip Invest?
Follow the steps below to sign up for Grip Invest:
- Click on the login/register button after following the link above and enter your email.
- You will need to verify your email and enter your details, like personal details.
- Fill out your PAN and Aadhar information, then upload the scanned versions of those same documents.
- Enter your bank details and other details, like the source of income and citizenship status.
- Within a few hours, you will receive an email that your KYC has been verified successfully.
- You can now browse the available investment opportunities and begin investing
- How is tax calculated in Grip Invest?
GripInvest pays the tax when establishing the LLP for the lease agreement. However, one needs to disclose the income source in the ITR 3 form. The amount one will receive in their account or vault is after the tax, and they won’t need to pay any tax on it. GripInvest sends the users the details of ITR 3 once the deal is finalized.
What are the fees for Grip Invest?
There is a fee of 2% on the invested amount or on the returns.
- How many people have invested through Grip Invest?
The last few months have been an incredible journey for Grip Invest, building a community of 150,000+ investors, making investments in 322 cities in 42 countries globally, and facilitating the leasing of assets worth INR 150 crore.
Is GripInvest Legit?
Grip Invest method is democratising investing by providing a platform for retail investors to diversify their fixed income portfolio with a high-risk, high-return product. Grip Invest is paying the monthly returns to all of its investors, hence proving its legitimacy.
Personal Experience of Yieldkart Team- Investing with GripInvest
As with most of the investment platforms listed to Yieldkart, we make it a point to invest in these platforms as an investor. We have been investing with GripInvest since its inception primarily in Leasoing deals. Till date, for 100% of investments, payments have been on time with 0 defaults.
Conclusion/Final Review
If you are looking for multiple alternative investment asset classes like Invoice Discounting, Market Linked Debantures, Corporate Debt, Equipment Leasing, Revenue Based Financing, etc. AND looking for a single platform to find and invest in these opportunities, look no further than Jiraaf.
The team is strong, well equipped and backed by marquee investors like Accel and Mankekar Family Office.The track record as of date has been stellar with zero defaults and delays.The tech needs a bit of work to make it top notch but that is being worked upon by their team. Additional features like wallet facility, automatic rule based investments, availability of a mobile app, constant flows of deals would be cherry on top.
