Bollywood actor Suniel Shetty has made an investment in Gurugram-based startup REGRIP, which focuses on sustainable solutions for tyres. The startup utilizes high-quality rubber in its reengineering process to create economical tyres that are competitively priced, often at half the cost of new tyres. Suniel Shetty’s investment highlights his commitment to innovative and eco-conscious businesses.
Investment in REGRIP:
Bollywood actor Suniel Shetty has made an investment in REGRIP, a sustainable startup that specializes in refurbished tyres. The startup’s reengineering process involves using high-quality rubber, resulting in economical tyres that are priced competitively. These tyres are often available at half the cost of new ones.
Innovative and Eco-Conscious Approach:
REGRIP’s cost-effective approach has made it a favored choice among small to medium-sized trucking companies. However, what sets the brand apart is its commitment to an innovative and eco-conscious business model. By redefining the concept of recycled, safe, and high-quality tyres, REGRIP aims to contribute to a greener future by reducing waste and maximizing the lifecycle of each tyre.
Suniel Shetty’s Perspective:
Suniel Shetty expressed his anticipation about the partnership with REGRIP, emphasizing the importance of embracing innovation and sustainable practices. He believes that by doing so, we can create a better world for future generations. Shetty’s investment showcases his commitment to supporting businesses that prioritize sustainability and contribute to a greener planet.
Backed by Mahavir Pratap Sharma:
REGRIP was previously backed by its first investor, Mahavir Pratap Sharma, who praised the company’s focus on refurbishing tyres as a “win-win solution” for his investment portfolio. This endorsement highlights the viability and potential of REGRIP’s business model.
Regrip’s Mission:
Tushar Suhalka, the founder of REGRIP, emphasized the brand’s mission to provide affordable solutions, reduce waste, and contribute to a greener and cleaner planet through their tyre refurbishment process. The company’s commitment to sustainability aligns with Suniel Shetty’s investment philosophy.
Suniel Shetty’s Other Investments:
Apart from REGRIP, Suniel Shetty has recently invested in Klassroom Edutech, a hybrid tutoring education startup based in Mumbai, and The Biohacker, a healthcare venture. Additionally, he has taken on the role of brand ambassador for the food tech startup Waayu. His diverse investments reflect his interest in supporting innovative and impactful businesses across various sectors.
Suniel Shetty’s investment in REGRIP underscores his commitment to sustainable and eco-conscious startups. By supporting the innovative refurbishment process of REGRIP, he aims to contribute to a greener future while promoting affordable tyre solutions. This partnership showcases the potential of combining business innovation with environmental sustainability.
Stay updated with the latest in the startup world through our Startup News and Funding News. sections. Explore Founder Profiles, Company Profile / Startup Profile, Founders Interview, Success Stories. In-depth Insights articles, Resources, and How to. Follow us on Facebook, Twitter, Instagram and LinkedIn for regular updates.
The Entrepreneur Today Desk