Bollywood actor Suniel Shetty announced a strategic investment in Regrip, a Gurugram-based re-engineered tyre startup that aims to revolutionize the market with its sustainable approach. Regrip utilizes quality-grade rubber to manufacture refurbished tyres through the innovative process of shearing and retreading, providing an eco-friendly and cost-effective alternative to traditional new tyres.
Expressing his enthusiasm for the collaboration, Suniel Shetty shared his vision for a greener future. He stated, “I am super excited about my association with Regrip. We’re not just redefining the concept of re-cycled, safe, economical high-quality tyres, but also contributing to a greener future by reducing waste and maximizing the lifecycle of each tyre. By embracing innovation and sustainable practices, we can create a better world for generations to come.”
The tyres produced by Regrip are priced at half the cost of new products, making them an attractive option for small and medium trucking companies looking to optimize their expenses without compromising on quality and safety.
Mahavir Pratap Sharma, the first investor in Regrip, expressed his satisfaction with the investment, describing the brand’s focus on refurbished tyres as “a win-win solution.” The startup’s dedication to providing affordable solutions, reducing waste, and contributing to a cleaner planet resonates strongly with the investors.
Founder of Regrip, Tushar Suhalka, elaborated on the company’s mission, stating, “Through our tire refurbishment process, we strive to provide affordable solutions, reduce waste, and contribute to a greener and cleaner planet.” The startup’s commitment to sustainability aligns perfectly with Suniel Shetty’s passion for supporting ventures that have a positive impact on the environment.
Regrip is redefining re-engineered tyres
Suniel Shetty’s recent foray into investment reflects his dedication to supporting pioneering startups that are shaping the future. Apart from Regrip, the Bollywood star has also ventured into Klassroom Edutech, a Mumbai-based hybrid tutoring education startup, and The Biohacker, a healthcare venture. Additionally, he has become a brand ambassador for the food tech startup Waayu, emphasizing his commitment to promoting sustainable and innovative solutions across various industries.
With Suniel Shetty’s influence and the collaboration of passionate investors, Regrip is poised to make significant strides in the market, offering a sustainable and economically viable alternative in the tyre industry. The re-engineered tyre startup’s commitment to a greener and cleaner planet marks a milestone in the pursuit of a more sustainable future for generations to come.
