Gurugram, India – July 15, 2023 – Bollywood actor Suniel Shetty has announced an investment in REGRIP, India’s first re-engineered tyre start-up brand. The partnership was announced at an event held in Gurugram on July 15, 2023.
REGRIP uses quality-grade rubber to make refurbished tyres through the process of shearing and retreading. The tyres, which cost half the price of new products, are used by small and medium trucking companies.
Shetty said that he was excited to invest in REGRIP because it is a “win-win” for both the environment and businesses. “By refurbishing tyres, we can reduce waste, save money, and improve the safety of our roads,” he said.
Tushar Suhalka, the founder of REGRIP, said that the investment from Shetty would help the company to expand its operations and reach more customers. “We are grateful for Suniel Shetty’s support,” he said. “His investment will help us to make a real difference in the fight against climate change.”
The partnership between Shetty and REGRIP is a sign of the growing momentum behind sustainable transportation in India. As the country’s economy continues to grow, there is an increasing demand for environmentally friendly solutions. REGRIP is well-positioned to meet this demand, and the investment from Shetty will help the company to accelerate its growth.
REGRIP is a Gurugram-based re-engineered tyre start-up brand that uses quality-grade rubber to make refurbished tyres through the process of shearing and retreading. The tyres, which cost half the price of new products, are used by small and medium trucking companies.
About Suniel Shetty
Suniel Shetty is a Bollywood actor, entrepreneur, and fitness enthusiast. He has starred in over 100 films and is one of the most popular actors in India. Shetty is also the founder of the fitness chain Bodyline and the actor management company Fortune 4.