New Delhi, November 09, 2023 – Grip Invest, a leading platform with OBPP licensing for fixed-income investments, has strategically partnered with Centricity, a distinguished wealth-tech platform. This alliance represents a pivotal development, showcasing Grip Invest’s distinctive offerings like Securitized Debt Instruments (SDIs) and corporate bonds prominently on Centricity’s platform. With a robust network of 1000 financial product distributors across 12 states, Centricity, renowned for financial advisory services in traditional investments, will now expand its portfolio to include alternative fixed-income products with higher yields.
The integration leverages Grip Invest’s proprietary technology, Grip Connect, through an end-to-end API suite. This seamless integration enables Centricity’s wealth managers and financial advisors to access Grip Invest’s SDI products and corporate bonds for their client portfolios. Grip’s offerings, listed on exchanges and credit-rated, provide investors an avenue for non-market-linked investments while adhering to SEBI and/or RBI regulatory guidelines. This partnership introduces exciting opportunities for individual investors seeking wealth creation, diversification, and fixed non-market-linked returns.
Vaibhav Laddha, Chief Business Officer at Grip Invest, expressed enthusiasm, stating, “Our partnership with Centricity is a significant milestone in democratizing fixed-income investments. It allows us to reach a broader audience and offer innovative investment options to those seeking secure and efficient wealth creation. Grip Invest’s SDI products enable investors to explore a range of risk-reward profiles, from A+ rated investments to high-yield BB-rated investments.”
Centricity sees this collaboration as an opportunity to diversify its offerings. Manu Awasthy, Founder and CEO of Centricity, shared his perspective, “This partnership fits seamlessly into our commitment to providing clients with innovative investment offerings. Grip, with its pioneering products like SDIs, aligns perfectly with our vision. Introducing Corporate Bonds and SDIs expands our audience’s investment avenues, and we’re excited about the potential this collaboration brings to wealth management.”
In the evolving landscape of wealth-tech platforms exploring innovative investment products, this partnership signifies a significant stride in accessible and regulated fixed-income investment options. The integration is poised to empower investors by providing easy access to Corporate Bonds and SDIs on Centricity’s platform, aligning with the surging demand for alternative investment options in the financial technology sector.
