Energy distribution startup Repos Energy plans to raise Rs 100 to 300 crore in Series A funding round to enhance technology and expand its reach to more areas.
According to media reports, the company is in talks with investors such as venture capitalists, private equity firms and high-net-worth individuals. The funds will be used for geographical expansion, technological advancements and other purposes.
Repos Energy aims to increase its revenue from Rs 72 crore in the current fiscal year to around Rs 180 crore by March next year.
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