"My “Yes” for Endiya to invest in Grip is focused on wanting to partner with them in their journey towards building a credible and sustainable alternative investment platform for Indian retail investors - with asset-backed investment opportunities." says Abhiram Katta
Nothing excites me more than an idea that challenges the existing in my personal journey as an investor. While all businesses are born out of a need or a gap, those few who ride on the conviction of bettering an established norm and shifting paradigm are the ones that have my deepest respect and earnest interest. My initial interest in Grip Invest fit right into this space. In my initial discussions with the brilliant Founders Nikhil Aggarwal, Vivek Gulati and Aashish Jindal, I saw the passion to build a stand-out product that provides a solid, sustainable solution in the investment space.
Indian retail investors have traditionally been starved of adequate investment options in the risk/return spectrum. They either rely on bank deposits/insurance policies (for low risk, but with low returns) or invest in stocks/equity MFs (for higher risk and higher returns). As per RBI reports, over 80% of retail financial savings are in deposits and insurance policies. Investors have been for long looking for options that can provide relatively higher returns (vs bank deposits) without exposing them to unduly high risk.
This is where Grip Invest comes in. It provides relatively higher returns along with the backing of revenue-generating assets, a great fixed income product.
While Grip Invest’s products are fulfilling a long-pending requirement, what further upped my confidence in their team with deep experience and understanding of the investment space. In a very short period Grip Invest has been clocking rapid growth.
My “Yes” for Endiya Partners to invest in Grip Invest is focused on wanting to partner with them in their journey towards building a credible and sustainable alternative investment platform for Indian retail investors.
I am thrilled to make this journey together and cannot wait to see Grip Invest grow, spread, and carve out a story like no other.