Pune-based Repos which was awarded the National Startup Award 2021 is backed by which of these famous businessmen?

Ratan Tata

Anil Ambani

Sanjiv Goenka

Narayana Murthy

Answer: Ratan Tata

Ratan Tata, born December 28, 1937, was chairman of the Tata Group, a Mumbai-based conglomerate, from 1991–2012 and 2016–17.

He earned a B.S. in architecture from Cornell University, Ithaca, New York, before returning to work in India. He gained experience in a number of Tata Group businesses and was named director in charge (1971) of one of them, the National Radio and Electronics Co.

Ratan Tata became chairman of Tata Industries a decade later and in 1991 succeeded his uncle, J.R.D. Tata, as chairman of the Tata Group.

In 2008 Tata oversaw Tata Motors’ purchase of the elite British car brands Jaguar and Land Rover from the Ford Motor Company. In December 2012, he retired as chairman of the Tata Group. He briefly served as interim chairman beginning in October 2016 following the ouster of his successor, Cyrus Mistry. 

Ratan Tata backed Pune-based energy distribution company Repos, which has successfully created over 500 fuel startups in one year. Currently, there are over 1,000 Repos Mobile Petrol Pumps on Indian roads that are operating from Kashmir to Kanyakumari.

The company plans to manufacture and sell 3,200 mobile petrol pumps catering to the growing demand of end consumers by the end of this FY2022.