Founded in 2021 by Tushar Suhalka, ReGrip offers fleet owners an end-to-end tyre lifecycle solution that spans inventory management, retreading and environmentally compliant disposal. Usable tyres are refurbished and resold at roughly half the cost of new tyres, while non-reusable casings are converted into crumb rubber, tyre-derived fuel and bio-crude oil. The company operates across 24 locations in more than eight Indian states and works with over 400 scrap dealers. To date it has sold more than 10,000 ReGrip-branded retreaded tyres and holds India’s largest licence to run a tyre-to-fuel, waste-to-energy facility. ReGrip generates revenue from the sale of retreaded tyres and industrial by-products, positioning itself as a circular-economy player in India’s growing tyre market. The newly secured capital will be used to expand processing capacity, enhance recycling infrastructure, enter additional regions and formalise informal scrap-collection partners.

Total raised

$4M

Funding rounds

3

Latest round

Equity

Latest activity

Feb 2026