Ankit Magan, Priyank Jain, and Neeraj Chauhan
Retas Enviro Solutions
Retas Enviro Solutions offers services in rainwater harvesting, watershed management, stormwater management, flood mitigation solutions, and other environmental solutions. One day in 2016, three MBA friends got stuck in a relentless shower of rain in Gurugram. Ankit Magan, Priyank Jain, and Neeraj Chauhan were there for some work, and had to wait more than 45 minutes for the rain to stop. Because of the rain, the roads were water logged and the drainage systems were choked up. “There was so much wastage of water, so we asked ourselves, what would happen if the city had to pay to receive rainfall? Would so much water go to waste?” says Ankit. As the friends contemplated this, they decided they must do something to preserve rainwater. Despite having full-time jobs, they wanted to start their own rainwater preservation business and become ‘waterpreneurs.’ Six months later, in December 2016, they left their jobs and started Retas Enviro Solutions in New Delhi to design, manufacture, and install water tanks and modular rainwater harvesting systems. “Our ‘Rainmaxxx tanks’ are used to collect, store, and infiltrate rain water for later use. Our modules are designed in such a way that they conserve rain water at the optimum level,” Ankit says. Retas also offers services in watershed management, stormwater management, flood mitigation solutions, and other environmental solutions. In just two years, Retas has started servicing large clients such as TATA Steel, Reckitt Benckiser, SIEMENS, Hi-Tech Gears, HPCL, Government of Delhi, Government of Uttarakhand, and more. “With our team of 11 people apart from the three founders, we make around Rs 40 lakh to Rs 45 lakh worth sales each month,” Ankit adds.Retas is also using NowFloats, IndiaMart and LinkedIn to boost their presence. They filed an international patent for their product’s design, and are also in talks to raise capital.
State : Haryana
Gender : Male
Sector : Others