NEPRA : Rising from the Ashes
Within three months of raising its seed round of capital, cleantech startup Nepra encountered the 'cliff of death' following a fire that reduced its facilities to ashes. What followed was a story of resilience and determination by their promoter team and investors as they rebuilt the enterprise from scratch not only for survival but also to significantly accelerate and scale the business. Nepra, which has today, established itself as India’s leading dry (recyclable) waste management company, has scaled 30 times since venture capital organization Aavishkaar’s initial investment and is now positioned to scale another 50 times in the next five years. This presentation gives a ringside view of the investment and its evolution from the eyes of an investor.