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Grip Invest Partners With Centricity To Offer Innovative Fixed-Income Products

This partnership will allow Centricity to access Grip Invest’s unique Securitized Debt Instruments and corporate bonds

Grip Invest Partners With Centricity To Offer Innovative Fixed-Income Products

Outlook Start-Up Desk

POSTED ON November 10, 2023 11:29 AM

Grip Invest, an OBPP-licenced platform for fixed-income investments, has formed a strategic partnership with Centricity, a wealth-tech platform.  

The company said that the strategic alliance marks an exciting development as it brings Grip Invest's unique product offerings such as Securitised Debt Instruments (SDIs) and corporate bonds to the forefront of Centricity's platform.  

Centricity has created a vast network of 1000 financial product distributors across 12 states and is known for its financial advisory services for traditional investment options such as fixed deposits and mutual funds. This partnership will broaden the platform’s portfolio offerings, providing investors with alternative investment opportunities in fixed-income products that promise higher yields.  

Grip Invest's proprietary tech, Grip Connect, facilitates seamless integration, through an end-to-end API suite. This will make it possible for Centricity’s wealth managers and financial advisors to access Grip Invest’s SDI products and corporate bonds for their client portfolios. These Grip’s offerings are exchange-listed, credit-rated, fixed-income opportunities that offer investors the chance to participate in non-market-linked investments while adhering to the regulatory guidelines laid down by SEBI and/or RBI. This partnership opens exciting opportunities for individual investors, to meet their requirements for wealth creation, diversification, and fixed non-market linked returns. 

Vaibhav Laddha, chief business officer of Grip Invest, expressed enthusiasm about the partnership, stating, "Grip Invest has enabled corporate bonds and SDI investments arming investors to discover a wide range of risk-reward profiles, from A+-rated investments to high-yield BB-rated investments. At Grip Invest, we continue to bring exciting SDI products that allow for the creation of diverse fixed-income offerings catering to a range of risk-reward preferences of our investors." 

Centricity sees this partnership as an opportunity to expand its range of offerings. Manu Awasthy, founder and CEO, of Centricity, shared his perspective on this exciting collaboration, saying, “At Centricity, we are committed to providing our clients with innovative and valuable investment offerings. This partnership with Grip has fit in like a glove for us as Grip has pioneered innovative products like SDIs and we see a huge potential in these products. This partnership allows us to introduce Corporate Bonds and SDI, offering our audience new investment avenues.” 

Grip Invest is one of India's leading, regulated multi-asset alternative investment discovery platforms that enables Indians to reimagine wealth creation, by curating non-market-linked investment opportunities. The investor-first platform helps people build diversified portfolios by offering innovative investment options at small ticket sizes.  

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