Ratan Tata’s Tactical Investments
The business tycoon, owner of a variety of firms under Tata, Ratan Tata has made tremendous investments during his lifetime.
The world mourns the loss of this great tycoon, Ratan Tata, Chairman Emeritus of the Tata Group, who passed away on 9th October, Wednesday, at the age of 86.
He had embarked on a new mission that focused on mentoring the new and emerging entrepreneurs of the 21st century. Ratan Tata was also committed to investing in innovative, creative and technology centric startups which are set to influence the future of the country as he always was seen keeping the country’s development above.
RNT Capital Advisors, his investment firm, had helped him invest in more than 30 startups that showcased his dedication to encouraging new talent and innovation without emphasizing on age or industry.
Given in the article below are some of the startups backed by Ratan Tata which showcase the titan’s legacy of promoting innovation and creating strong value:
Ratan Tata, the former chairman of Tata Sons, is renowned for his strategic investments in various startups, showcasing his keen business insight and commitment to innovation. Here’s a look at 18 notable startups in his portfolio that highlight his investment acumen:
Ola: Leading carpooling services
In the year 2015, Tata made a personal investment in Ola which is one of the country’s leading carpooling services. After that, with the help of his firm, RNT Capital Advisors, he later provided additional funding. Tata’s backing enabled the company to expand its services across the country and become a dominant player in the transportation sector.
Snapdeal: An e-commerce platform offering a wide range of products
After the acquisition of Flipkart by Myntra, Tata had invested in Snapdeal with the amount of investment undisclosed. The investment has added value to the firm, bringing an increase its importance in the competitive e-commerce market.
Read more about Ratan Tata’s investments here- The Tata Touch: How Ratan Tata’s Funding Transformed Indian Startups | Times Now (timesnownews.com)
Paytm: A leading digital payments platform revolutionizing financial transactions
It was originally a mobile recharge platform and had been later transited to an extensive digital payment marketplace. In March 2015, Ratan Tata made an undisclosed investment in its parent company, which is One97 Communications, which played a major role in its rapid growth and success.
Lenskart : An eyewear startup that offers a wide range of glasses and contact lenses
Tata invested in Lenskart which is an online eyewear retailer, in April 2016. Even though the financial details remain undisclosed, Tata offered much more than just monetary support- serving as a mentor and advisor.
The guidance of Ratan Tata helped Lenskart to grow into a major player in the eyewear market- offering a variety of products- sunglasses, eyeglasses and contact lenses.
UrbanCompany : A service marketplace connecting users with professionals for home services
UrbanCompany, which was known as UrbanClap, is a platform that offers various local services after being booked online such as plumbing, electrical work and beauty treatments at home.
Zomato and other investments by Ratan Tata
Ratan Tata had invested in a variety of firms such as Zomato, Nykaa, Quikr, Razorpay, Box8 , Tata Cliq, Nukebox, Cultfit, Dineout, Fynd, Koo, Licious and many others.
Conclusion
The business tycoon, owner of a variety of firms under Tata, Ratan Tata has made tremendous investments during his lifetime.
The world mourns the loss of this great tycoon, Ratan Tata, Chairman Emeritus of the Tata Group, who passed away on 9th October, Wednesday, at the age of 86.
He had embarked on a new mission that focused on mentoring the new and emerging entrepreneurs of the 21st century. Ratan Tata was also committed to investing in innovative, creative and technology centric startups which are set to influence the future of the country as he always was seen keeping the country’s development above.
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