Shreya Mishra is an Indian Entrepreneur, who co-founded an online fashion rental store, Flyrobe in 2015. She is currently the Founder & CEO of SolarSquare Energy and was co-founder of Mumbai-based Flyrobe. Her company reported a revenue of $2 million in 2018. She participated as a Speaker in the Contact online >>
Shreya Mishra is an Indian Entrepreneur, who co-founded an online fashion rental store, Flyrobe in 2015. She is currently the Founder & CEO of SolarSquare Energy and was co-founder of Mumbai-based Flyrobe. Her company reported a revenue of $2 million in 2018. She participated as a Speaker in the VCCIRCLE Startup Summit 2017 on 15 February 2017 held in Mumbai. She made an exit from her fashion rental startup in 2019. Thereafter, she founded SolarSquare Energy, where she currently serves as CEO for SME (Small and Medium-sized enterprises).
Shreya Mishra- BiographyShreya Mishra- Personal LifeShreya Mishra- EducationShreya Mishra- Professional LifeShreya Mishra- SolarSquare EnergyShreya Mishra- FlyrobeShreya Mishra- Business IdeaShreya Mishra- Honors & AwardsEndnoteShreya Mishra- FAQ''s
Shreya Mishra was raised in a family of IAS officers and lawyers. She never thought that she would enter the world of business. However, her passion for following trendy fashion led her to decode the void in the fashion rental space. She explored this specific area and established her fashion startup in 2015.
Shreya completed her formal education from Carmel Convent Sr. Sec School, Bhopal. She further completed her graduation from the Indian Institute of Technology, Bombay with a B.Tech and M.Tech degree in Mechanical Engineering in 2012.
Along with her education, Shreya was a part of many organizations. She was a Core Group Member for Competitions at Mood Indigo, Annual Cultural Festival of IIT Bombay, Fourth Wall, Dramatics Club of IIT Bombay.
She also worked as a Summer Intern at Procter & Gamble Company from May 2010 to June 2010. She was a Campus Ambassador for the organization "Teach For India" from July 2010 to 2011. Her internship journey continued with Accenture, where she gained experience as a Summer Intern from May 2011 to July 2011.
She launched Flyrobe in September 2015 with two of her fellow IIT batchmates. She made an exit from her rental fashion firm in June 2019. Currently, she is the Entrepreneur at SolarSquare Energy. Before founding her present venture, she successfully completed 7 past jobs.
Shreya Mishra is currently serving as the CEO for SME & Residential Solar at SolarSquare Energy. The company was established in December 2019. The company is based in Mumbai, Maharashtra, India. She aims to make a difference in India''s energy sector by promoting energy independence and reliability via distributed generation methods of clean power generation.
SolarSquare Energy is a venture that drives mass adoption of rooftop solar in India. It is basically a solar power producer working on the distributed generation model. The company offers its services to businesses, social institutions, and large residential complexes and aids them to go solar by providing turnkey support like investment, design, build, operate & maintain the solar power plant. SolarSquare Energy works with the vision of making clean energy affordable and accessible.
Shreya served as the Co-founder and CEO at Flyrobe since July 2015 and ended her position in June 2019. Flyrobe is a highly demanded apparel rental platform that offers premium designer wear. It is one of India''s largest online fashion rental services.
The parent company Omapal Technologies Private Limited incubated Flyrobe and launched the fashion startup on 31 October 2015. The fashion venture also collaborated with Rent It Bae!
Shreya''s initial experience as an analyst gave her insights into the market. She used to follow fashion trends and found a big void in the fashion apparel rental space. She thus came forward with the idea of launching Flyrobe that would let people rent trendy, fashionable clothes at a fraction of the retail price. The company is primarily popular for wedding fashions.
The business did really well in the US and China. However, it displayed a lack of audience base in India. This is because of the Indian mentality of not wearing "used" clothes. But, today a lot of things have changed in India along with this thinking as well. Many People do search for such ventures to rent fashionable clothes, that is all the way offered to them at a reasonable price through Flyrobe.
Moreover, Flyrobe has been endorsed by twenty Bollywood celebrities on social media. This eventually took away the stigma of wearing used clothes.
Shreya Mishra is presently working as the CEO of SolarSquare Energy. The company aims to transform India''s energy sector by promoting energy independence and reliability through a distributed generation method of clean energy generation. Shreya shows strong leadership and perseverance skills in all her venture that has led her to feature in Forbes 30 under 30 Asia. She is an inspiration to many young entrepreneurs and to all young girls who are looking at her as a role model. We hope to see many more woman entrepreneurs and leaders like Shreya Mishra in the future.
Shreya Mishra is an Indian Entrepreneur, who co-founded an online fashion rental store, Flyrobe in 2015. She is currently the Founder & CEO of SolarSquare Energy and was co-founder of Mumbai-based Flyrobe.
She completed her graduation from the Indian Institute of Technology, Bombay with a BTech and MTech degree in Mechanical Engineering in 2012.
Flyrobe is a highly demanded apparel rental platform that offers premium designer wear. It is one of India''s largest online fashion rental services.
Shreya Mishra is currently serving as the CEO for SME & Residential Solar at SolarSquare Energy. The company was established in December 2019. The company is based in Mumbai, Maharashtra, India.
She made an exit from her fashion rental startup in 2019, after serving for around four years,. Thereafter, she founded SolarSquare Energy, where she currently serves as CEO for SME (Small and Medium-sized enterprises).
SolarSquare Energy is a venture that drives mass adoption of rooftop solar in India. It is basically a solar power producer working on the distributed generation model.
SolarSquare, founded by IIT Bombay graduates Neeraj Jain and Shreya Mishra, along with Pune University graduate Nikhil Nahar, is a leading residential solar brand. They have educated thousands of consumers and standardised installation of solar panels in 16 cities spread across eight Indian states.
In late 2020, entrepreneurs Neeraj Jain and Nikhil Nahar made a decision that would confound most entrepreneurs. Despite running a Rs 100 crore bootstrapped and profitable startup centred on setting up solar power installations for large corporations since 2015, they decided to make, what many felt at the time was, a risky pivot towards the (B2C) residential solar segment.
To help them make that pivot, Neeraj roped in fellow entrepreneur and IIT-Bombay graduate Shreya Mishra, who had prior experience of running a consumer business.
"Neeraj and Nikhil were only 26 and 27 respectively when they founded SolarSquare in 2015. In the same year, I founded Flyrobe, a fashion rental startup. It was very different from the world of solar energy. I sold my startup in 2019, and in the following year, my husband Neeraj convinced me to join SolarSquare. He was an engineer with banking experience but wanted to do something with deep meaning and purpose. While he had a good grasp of the solar market, he wanted my expertise in building consumer businesses. That''s how we started experimenting in the residential solar segment, which is more B2C," recalls Shreya, co-founder of SolarSquare.
This was going to be a tough pivot because the industrial segment is very different. As a company in the commercial and industrial segment, SolarSquare was setting up massive and customised solar power installations worth a few crores for Fortune 500 companies. This is unlike the residential sector where they are dealing with individual homeowners.
"Neeraj and Nikhil took a very bold call to experiment in the residential solar segment because they understood the massive business opportunity it offered at a time when no organised company in the solar energy space saw it. They saw that the residential solar segment looked like the opportunity of the future. If they were to commit to this, they had to focus all their energies on it. That was a major inflexion point," she adds, speaking to The Better India.
The residential solar segment presented the opportunity of the future because average Indian households were struggling with rising electricity bills thanks to increasing tariffs and regular incidences of extreme weather conditions. Rising electricity costs in many states made it imperative for consumers to explore alternative solutions. One viable solution for individual homeowners and residential societies was to adopt rooftop solar power installations.
As Shreya explains, "For the residential segment, we''ve built a lot of standardisation in solar installations that has allowed us to scale. Imagine doing tiny solar installations that are customised to each home! It''s too complex a process for a B2C operation. We standardised everything and made prefabricated ready-to-install solar kits, which get installed in just six hours. In other words, we underwent a lot of learning innovation for this segment."
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