Repos is a Startup that deals in Mobile Energy Distribution of all fuels, liquid, gas, or electric using tech to solve the problem.
Repos is backed by Ratan Tata of the Tata group. The startup is expected to grow by nearly 3x to ₹ 185 crores as the result of an increase in b2b clientele.
Image from Repos Website
The founder and CVO of the startup, Aditi Bhosale Walnuj, stated to PTI at the Auto Expo 2023 that the company was looking to raise ₹300 crores to fund the expansion of its business and include carbon-neutral fuels such as ethanol and electric vehicle chargers in its services.
In a note shared on LinkedIn, the CVO stated that they were fortunate to have Rata Tata as their initial investor.
“The company has seen multi-fold growth in y-o-y revenue from ₹ 65 crores to an estimated
₹185 crores this year” said the CVO.
The company was mainly dealing with the delivery of diesel and is now looking to expand into cleaner fuels like ethanol and electric charge.
The founder and CVO in her post on Twitter shared the story of how Repose came into existence with an idea and a will to see it functional. The founder also shared her experience of meeting Ratan Tata and thanked him for his guidance.
The entrepreneur is an embodiment of the phrase ‘Where there is a will, there is a way’. It is the spirit of Innovation and the perseverance of action with a positive approach that determine the success of entrepreneurs.
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