Pune-based energy distribution startup Repos Energy on Wednesday said it has raised Rs 56 crore from Tata Sons Chairman Emeritus Ratan Tata and other investors.
The fresh capital as part of pre-series A funding round is in combination of equity and debt, the company said.
Repos Energy, however, did not disclose the identity of the other investors.
This is the second round of investment by Ratan Tata in the company.
Repos said it plans to use the funds in building its product line, expansion into different geographies in the country as well as team building.
