Begin typing your search...

A list of 10 start-ups funded by Ratan Tata

Apart from being a powerful industrialist and a much more generous philanthropist, Ratan Tata the chairman emeritus of Tata Group is also a prolific investor and has made numerous investments in several startups.

A list of 10 start-ups funded by Ratan Tata
X

A list of 10 start-ups funded by Ratan Tata

Apart from being a powerful industrialist and a much more generous philanthropist, Ratan Tata the chairman emeritus of Tata Group is also a prolific investor and has made numerous investments in several startups.

From Ola Electric to Paytm to Zivame, and many more, Tata has invested in over 30 start-ups till date, most from his personal capacity and some via his investment company – RNT Capital Advisors.

RNT Capital is a global investment platform backed by Ratan Tata. The fund invests in disruptive, technology-oriented businesses across the world and takes a long-term, founder-centric approach to investing, often relying on its propriety sourcing advantage.

Here is a list of 10 such start-ups in which Ratan Tata has invested in:

1. Ola Electric

"His investment in Ola Electric will bring his deep experience and mentorship to the company's ambitions to make electric mobility viable at scale," the start-up had said in a statement.

2. Paytm

In November 8 this year, Paytm's parent company made debut on Indian bourses via an initial public offering (IPO) though which it raised Rs 18,300 crore.

3. Snapdeal

Snapdeal is the first e-commerce firm that Ratan Tata invested in. He is believed to have picked up a 0.17 per cent stake in Snapdeal in August 2014, when he invested less than Rs 5 crore, as per earlier reports.

4. CarDekho

One of the largest auto search platforms in the country, CarDekho, helps users purchase cars online. Ratan Tata invested an undisclosed amount in GirnarSoft – the parent company of CarDekho, BikeDekho, and PriceDekho portals.

5. Cure.fit

Cure.fit is a health and fitness start-up that has raised $170 million from investors like Accel Partners, Kalaari Capital, Chiratae Ventures, and Ratan Tata.

6. UrbanLadder

Urban Ladder is a Bengaluru-based online furniture retailer. The online furniture retailer secured funding from Ratan Tata in November 2015.

7. Zivame

Online lingerie platform founded in 2011 by Richa Kar and Kapil Karekar, Zivame also saw funding from the industrialist.

8. Urban Company

Services marketplace Urban Company (formerly known as UrbanClap) raised an undisclosed amount in funding from Ratan Tata in December 2015. Urban Company is a Gurgaon-based services marketplace

9. Abra

Ratan Tata has also made an investment in a Silicon Valley-based bitcoin start-up Abra with American Express. The start-up allows users to store digital cash and send money to any smartphone using Abra's app. Abra earns money when users buy or sell digital currency through its app.

10. Lenskart

Lenskart, the popular online retailer that sells eyewear such as sunglasses, eye glasses, contact lenses and more, secured funding from Tata in April 2016. However, an official from the company reportedly said that Tata's role was more of a mentor/advisor rather than a financial investor.

Dwaipayan Bhattacharjee
Next Story
Share it