Press Releases

Grip, India's leading multi-asset alternative investment platform, is strengthening its leadership team with the addition of Vaibhav Laddha as the Chief Business Officer. In his role, Vaibhav will lead growth initiatives for the company and drive strategic business partnerships with other stakeholders of the ecosystem such as financial institutions, neo-banks, and wealth management outfits. In addition, he will also be responsible for formulating go-to market strategy for new products, acquiring new investors, and delivering the impeccable investor experience on the platform.
 
With over 13 years of experience, Vaibhav has worked across industries in growth roles, building organisations and divisions from scratch. In his last stint  at Prava, Vaibhav was responsible for conceptualising and launching a premium luxury home lifestyle brand from 0 to 1. At Furlenco, India’s largest furniture subscription company, Vaibhav headed the corporate finance vertical, where he led all fund-raising efforts and developed a deep expertise in equity, structured debt, asset financing, and private wealth ecosystem. He was instrumental in raising upwards of $ 100 M at Furlenco from venture capital, NBFCs, and private wealth. Prior to Furlenco, Vaibhav has worked with marquee companies such as Amazon, Coursera in the US. Vaibhav holds a MBA from Darden School of Business, University of Virginia and B.Tech. from IIT Delhi.
 
On the new addition to the leadership team, Nikhil Aggarwal, Founder & CEO, Grip, said, “With more than 250,000 strong investor community, we are focussed on helping them and more investors in the country reimagine wealth creation through alternate investment opportunities. For achieving our larger goal, we are strengthening our core team. Vaibhav has demonstrated key ability in driving targeted and positive outcomes and we are confident that his leadership and operational excellence will help us scale our vision faster.”
 
Grip is creating a new asset-based, non-market linked investment category through lease financing. Since its inception in June 2020, the company has recruited more than 50 employees, with a diversity ratio of 40%. It is aggressively hiring and plans to add 40 more employees in the next two quarters. Grip continues to heavily invest in new employees and reinvest in existing ones. The new-age platform has been able to sustain a very low churn rate while maintaining an upward growth trajectory.
 
On his appointment at Grip, Vaibhav Laddha, Chief Business Officer, said, “Grip is doing pioneering work in democratising the alternative investment space. Grip has facilitated ₹400 Cr of investments in such a short span, which is testimony to the outstanding team we have, and I’m excited to be a part of, and lead the next phase of hyper-growth at Grip.”
 
The company was established in 2020, it has raised a total funding amount of $4.8 million and $3 million in a Series A round led by Venture Highway and Endiya Partners in August 2021


In the past 27 months, Grip Invest has built a community of 250,000+ investors, has facilitated the leasing of assets worth 375 crores, enabling 100+ companies such as Udaan, Furlenco, Holisol, BluSmart, Blue Tokai, Faballey, Zypp, IPLTech Electric, etc., to access a different channel of growth capital.