Leading Startups, Backed up by Ratan Tata

Ratan Tata, A personality that does not need any introduction as he is India’s best brand ambassador and Head of Tata Sons. Over 30 startups are backed up by Ratan Tata. Most of them are Technology based. He said “I have been constantly telling people to encourage people, to question the unquestioned and not to be ashamed to bring up new ideas, new processes to get things done.”

Here is a list of startups which managed to raise funding from chairman of Tata Sons:

Snapdeal:

Ratan Tata made his first investment under his personal capacity by picking up 0.17% stake of popular e-commerce company Snapdeal with a deal of less than 5 crore.

The company started on a planned to being daily deals platform in 2010 but become a online marketplace in very next year.

Tata bought 256 shares of the company for Angel Investors. The news came in light when Tata Value Homes collaborate with Snapdeal to sell apartments across five cities Bengaluru, Chennai, Mumbai, Ahmedabad and Pune.

Lenskart:

Whenever we need glasses, spectacles or eye-wear for our eyes, we remember the name Lenskart.A very popular online store for eye-wears. Lenskart managed to raise a funding from Ratan Tata in 2006.

CashKaro:

Want an exclusive range of coupons and schemes then just logon to Cashkaro.com. Swati and Rohan Bhargava founded cashkaro in Gurgaonin 2013 and managed to raise undisclosed capital from Ratan Tata in January 2016.

UrbanClap:

Need services varying from electric work  to plumbing then head for UrbanClap. UrbanClap allows users to book services. Service Marketplace. UrbanClap manage to seal a deal for funding with Ratan Tata.

Urban Ladder:

Bengaluru based startup popular for furniture selling named Urban Ladder.It is currently prevent in 12 cities across India. Urban Ladder is backed up by Ratan Tata.Investment in Urban Ladder is Ratan Tata’s second personal investment after Snapdeal.

Zivame:

Zivame is an online lingerie selling platform founded by Richa Kar and Kapil Karekar. It gained popularity by their quirky campaigns and advertisement and today it becomes and recognised friend itself.Zivame raised funding from Ratan Tata but the details of the deal is not disclosed. Founders of Zivame said they are planned to use the money for strengthen customer base and develop technology

Paytm:

Without a doubt, Paytm is most popular wallet service in India. It send money to mobile wallets tied to customers mobile numbers and allows users to pay using QR code.The startup secure a funding of undisclosed amount from Ratan Tata.Tata picked up a stake of One97 Communications, parent company of Paytm and took also role of advisor in the company.

Ola:

Ola began operations in 2010. Like Uber, Ola provides cab services across all price segments,ranging from economic to luxury cab drives. Ola secured a funding from chairman emeritus of Tata Sons in 2015. RNT Capital Advisors of Tata’s venture capital firm also invested a sum of 400 crores in Ola.

Xiaomi:

Beijing, electronics based,  company Xiaomi started operations in 2010 in China but came India after 2015. Xiaomi’s manufacture smartphones in a very affordable range and they really very popular in India.It also manufacture other devices like laptops, tablets, air purifiers and more.

Ratan Tata is the first indian to buy a stake in Xiaomi. The amount is not disclosed like most of the other Tata’s fundings. Senior executives from Xiaomi were quoted as saying that they would seek Tata’s advice on how to expand to international markets.

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