Creating Impact at Scale | Chalo & Grip Invest

May 04, 2023

The most sustainable way for a country to develop its transportation infrastructure is by encouraging more use of public transport.

Car ownership comes with a whole host of issues like traffic jams, pollution, etc. Some of the best places to live in the world have more public transport usage than private vehicles. And in India, just like every other country - the solution to this problem has been found by startups.

Chalo makes lives easier for millions who use buses for commuting. The Mumbai-based startup is on the road to becoming one of the first unicorns in the public transportation space.

In the first part of a two-part absolutely riveting conversation, Nikhil Aggarwal shares his journey of building Chalo.

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In 2019, Nikhil Aggarwal exited Chalo and joined World Bank as a consultant in transport practice. The yearning to fulfil his entrepreneurial journey drove him to give entrepreneurship another go, and so Grip Invest was born!

Grip Invest is making structured debt available to end consumers directly, removing the middlemen from the process like banks and NBFCs. Grip Invest allows consumers to directly lend to corporates and earn a much higher rate of interest than saving via fixed deposits and other such instruments.

Nikhil gets candid about his journey of building this investment platform.