Gurugram July 17, 2023 : Famous Bollywood Actor Suniel Shetty Invests in India’s First Re-engineered Tyre Start-up brand- REGRIP. In an announcement event regarding his partnership with REGRIP here at Gurugram on Saturday, 15th July 2023. Actor Suniel Shetty has joined hands with REGRIP, to further strengthen its brand visibility, and improve its already quality processes and operations in India.
During this event, Mr. Suniel Shetty, along with Mr. Mahavir Pratap Sharma, an avid and seasoned early stage Angel Investor, and Mr. Tushar Suhalka, Founder of REGRIP address the attendees and share insights on this ground-breaking partnership. This announcement marks a significant milestone for both the entertainment and sustainable business industries. REGRIP, founded by Tushar Suhalka from Udaipur, Rajasthan, focuses on converting used tyres into reusable products, contributing to a more sustainable future. By partnering with REGRIP, Mr. Suniel Shetty demonstrates his commitment to environmental responsibility and circular economy principles. He was very happy to visit the production factory and was pleased to see a great quality product that can help solve the impact on the environment by prolonging the life of the tyre.
Suniel Shetty said, 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.
Mahavir Pratap Sharma, the first investor in the start-up’ said “ I absolutely loved the whole idea and the challenge of creating a brand in refurbished tyre’s. The entire mechanised process, quality end product, the price, the safety and impact, were a win-win solution for the start-up and his investment.”
Tushar Suhalka, Founder of REGRIP said, At REGRIP, we believe in the power of circular economy principles and environmental responsibility. Our journey has just begun, but we are determined to make a lasting impact. Through our tire refurbishment process, we strive to provide affordable solutions, reduce waste, and contribute to a greener and cleaner planet.Tushar Suhalka said, “We are extremely pleased to align ourselves with Suniel Shetty” our mission to reshape the tire industry and create a sustainable future for generations to come. Together, we can build a world where old tires find new life, and environmental stewardship drives innovation.”
Regrip in its state-of-the-art factories across India has created a process, with many checks and balances; uses quality grade rubber; and the process of shearing and retreading; and the entire train is an assembly line like experience. This quality, strength, and sturdy tire, which is as good as new is widely trusted and used by small and medium trucking companies, is absolutely safe, is half the price and doubles the life of your new tyre.
Indian celebrities endorsing or joining startups as investors are aplenty these days. We have seen Bollywood celebrities such as Deepika Padukone, Shilpa Shetty, Ayushmann Khurrana; and cricketers including MS Dhoni, Sachin Tendulkar, Yuvraj Singh, among others, investing hugely in start-ups of their choice. Suniel Shetty with his vision is very aggressive and leads the investment pack amongst equals. Mahavir Sharma is a veteran angel investor who specializes in idea and early-stage companies. Tushar Suhalka is a deeply experienced founder in the logistics and Tyre business.