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Startup IdeaChakki Raises Funds From Ratan Tata

12Sep By NitishNo Comments

FUNDING

Startup IdeaChakki Raises Funds From Ratan Tata

Food tech startup IdeaChakki has raised an undisclosed amount of funding from leading industrialist Ratan Tata. The city-based startup, which provides digital video menu for restaurants and allows customers to gift food and beverage experience across the world, has also partnered with investment bank Enablers for their next round of funding. The funds raised from Tata will primarily be used for expansion into new geography, along with building the in-house team and strengthening the technology, IdeaChakki said in a statement. The Chairman Emeritus of Tata Sons has been actively investing in startups in India and abroad. Some of these firms include Snapdeal, Kaaryah, Urban Ladder, Bluestone, CarDekho, Sabse Technologies, Xiaomi, Ola, DogSpot.in, Tracxn, CashKaro, FirstCry and Teabo...

TataCLiQ.com – First of its Kind Phygital E-commerce Platform in India

28May By NitishNo Comments

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TataCLiQ.com – First of its Kind Phygital E-commerce Platform in India

The Tata group today announced the opening of its E-commerce portal, TataCLiQ.com for customers. TataCLiQ.com, the first-of-its-kind multi-brand Phygital E-commerce marketplace will seamlessly blend online and in-store shopping experience for discerning customers. TataCLiQ.com is the first E-commerce marketplace to offer customers the choice of making purchases not only from their website (http://www.tatacliq.com) but through the mobile apps (iOS and Android platforms) on Day one. At the launch, customers will be able to access a wide and well-curated range of top brands across the apparel, electronics and footwear categories, including many brands that are exclusive to TataCLiQ.com. There are a host of international fashion and luxury labels, offering products that are...

Ratan Tata Invest in An Artificial Intelligence Based Chatbot Niki.ai

19May By PriyankaNo Comments

FUNDING

Ratan Tata Invest in An Artificial Intelligence Based Chatbot Niki.ai

Leading industrialist Ratan Tata has invested in niki.ai , an artificial intelligence (AI) based chatbot . The company has also received funding from existing investor Ronnie Screwvala-led Unilazer, it said in a statement. It, however, did not disclose the details of the funding or the total amount it has raised till date. The Tata Sons Chairman Emeritus has made more than 25 investments in startups in the last two years, including online marketplace Snapdeal , digital wallet provider Paytm , cab hailing service Ola, data analytics company Tracxn Technologies, online pet supplies store Dogspot.in and online lingerie store Zivame. Last year, Tata had invested in Infinite Analytics, an artificial intelligence-based predictive analytics startup. Founded in April 2015 by IIT Kha...

Ratan Tata Invested in Medical Startup MUrgency Inc

17May By NitishNo Comments

FUNDING

Ratan Tata Invested in Medical Startup MUrgency Inc

Tata Sons Chairman Emeritus has invested in San Francisco-based medical emergency response MUrgency Inc. Financial details of the deal were not disclosed. "He (Tata) clearly wanted us to launch and grow the network in India first before taking it overseas. Mr Tata's investment in MUrgency will help attract leading talent to the company and major partnerships beyond India," MUrgency Inc Fonder Shaffi Mather said in a statement. Founded in 2014 in Silicon Valley and incubated out of Stanford ChangeLabs, MUrgency recently received investments from Kris Gopalakrishnan and S D Shibulal led Axilor Ventures. The company launched its service in Tricity area in Punjab on February 16, with a responder network of 36 hospital emergency rooms, over 40 ambulances and more than 350 me...

IFC Leads Rs. 400 cr Investment in Lenskart

5May By PriyankaNo Comments

FUNDING

IFC Leads Rs. 400 cr Investment in Lenskart

IFC, a member of the World Bank Group, is investing Rs. 171 Crores in Indian eyewear company Lenskart, to help the company expand access to high-quality and affordable eye-care products in tier-3, tier-4 cities. IFC was the lead investor for the Rs. 400 cr Series D investment round which also saw participation from TPG Growth, Adveq Management and IDG Ventures. In addition, Ratan Tata and Kris Gopalakrishnan (co-founder of Infosys) invested in their personal capacity as part of this round. Avendus Capital was the exclusive financial advisor to this transaction. Lenskart is into assembly, manufacturing, wholesale distribution and supply of high quality eyewear products, such as eyeglasses, power sunglasses and contact lenses. Company plans to utilize the funds for strengthening its te...

Ratan Tata Invests in Home Rental Startup NestAway

28Feb By AnkitaNo Comments

FUNDING

Ratan Tata Invests in Home Rental Startup NestAway

Top industrialist Ratan Tata has invested an undisclosed amount in home rental company NestAway Technologies, a statement said. This is Tata's eighth personal investment in a startup in 2016 so far. He has invested in over 20 startups. NestAway turns unbranded, unfurnished houses into fully furnished and managed apartments and provides them at affordable prices to verified tenants, said the statement by IDG Ventures India, which is an investor in the company. So far, the startup has provided quality rental homes to about 5,000 tenants across six cities. Until recently, NestAway counted working professionals who are single among its target audience, but now it has also forayed into the family segment. NestAway was founded by Amarendra Sahu, Smruti Parida, Deepak Dhar and Jite...

Did Ratan Tata Said That Tata Group Will Not Hire Anyone From JNU?

17Feb By AdityaNo Comments

News

Did Ratan Tata Said That Tata Group Will Not Hire Anyone From JNU?

New Delhi: From last one week an ongoing posts circulated over social media regarding the hiring statement of Ratan Tata over Jawaharlal Nehru University controversy. In a tweet and post attributed to Ratan Tata emerged wherein the Chairman Emeritus of Tata Group said that the group will not hire any student from Jawaharlal Nehru University. Reports further said that Ratan Tata told a Make In India session in Mumbai that Tata Group will not hire any student from JNU. However, the official twitter account of tata group denied any such comments attributed to the Chairman Emeritus. "Mr Tata has not issued any such statement," Tata Group said in its official Twitter handle late in the evening today. Mr Tata has not issued any such statement. https://t.co/tIVi6Vgukh— Tata Grou...

16Feb By Press Trust of IndiaNo Comments

FUNDING

SnapBizz Raises Funding From Ratan Tata

Bengaluru-based retail technology startup SnapBizz Sunday said it has raised an undisclosed round of funding from veteran industrialist Ratan Tata. SnapBizz: Amazing Story of $1 Billion Opportunity Spotted By An Employee and Backed By His Company This is Tata's eighth investment in startups in 2016 so far. Tata, former Tata Group chairman, has invested over 20 startups so far. In January 2016, SnapBizz had announced a Series A funding of $7.2 million (roughly Rs. 48 crores) led by Jungle Ventures, Taurus Value creation, Konly Venture and Blume Ventures. With the mission of transforming the unorganised fragmented retail sector in the country, SnapBizz currently works with over a thousand kirana stores across Mumbai, Pune, Delhi, Hyderabad, Chennai and...

13Feb By No Comments

Story

A Meeting With Mr. Ratan Tata

My favorite story about Ratan Tata has to be the one where the Tatas bought Jaguar from Ford in 2008, and how as a Tata company, it became profitable once more. I think what converted it from a loss-making to profitable company was not just the TATA presence, but Mr. Ratan Tata’s ability to address its fundamental issue – he asked Jaguar what the problem was, found that they knew what needed to be fixed, and allowed them to fix it. An approach that has been the benchmark of the 90+ companies that make the TATA conglomerate. In the last week of December ‘15, Rohan, the Teabox Head of Inbound Marketing, and I found ourselves in Mumbai with an appointment to meet Mr. Ratan Tata himself. Needless to say, I was nervous. He’s a man I admire, as an industry leader and as a person, and it’s not e...

Ratan Tata Invests in Teabox, An Online Start-up That Sells Premium Teas

27Jan By No Comments

FUNDING

Ratan Tata Invests in Teabox, An Online Start-up That Sells Premium Teas

Singapore: Ratan Tata, who stepped down as the chairman of the $100 billion Tata Group in 2012, is taking a stake in an online start-up that sells premium teas, the latest example of the Indian businessman becoming an active venture capitalist in his retirement. Tata is putting an undisclosed amount of money into Teabox, an Indian start-up based in the foothills of the Himalayas. It’s the latest of about 25 personal investments that he has made in start-ups, helping spark an e-commerce boom in India along the way. His investments include stakes in three of India’s unicorns, or start-ups worth more than $1 billion, the ride-hailing app Ola, online retailer Snapdeal and a mobile payment venture called Paytm. He has also put money into Chinese smartphone maker Xiaomi Corp., the most hig...

Ratan Tata Invests in Baby Care Platform FirstCry.com

21Jan By AdityaNo Comments

FUNDING

Ratan Tata Invests in Baby Care Platform FirstCry.com

Top industrialist Ratan Tata has invested in baby care eCommerce platform FirstCry, continuing the slew of investments he has made in various startups globally. The Chairman Emeritus of Tata Sons and Senior Advisor to IDG Ventures India, has invested an undisclosed amount in his personal capacity into Brainbees Solutions, which owns the FirstCry.com brand, the company said in a statement. ALSO READ: Ratan Tata invests in India’s Largest Cashback & Coupons Site CashKaro.com FirstCry is omni-channel player with presence across desktop, mobile and offline routes offering baby and maternity products in India. It started operations in 2010 and has over 2 million customers. It has over 150 FirstCry branded franchise offline stores across 100 cities in the...

Looking For An Investment From RATAN TATA? Follow These Points

7Jan By RishabhNo Comments

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Looking For An Investment From RATAN TATA? Follow These Points

If you are an entrepreneur and looking forward to receive a handsome investment for your million-dollar idea, from Ratan Tata, here are the points that’ll help you do that. Recently in an interview, Ratan Tata reveals the strategy he follows to judge an startup based on several points. Here are the key points: // Are you an entreprenuer looking for an investment from none other than Ratan Tata? Here's his checklist Posted by Shereen Bhan on Wednesday, January 6, 2016 (more…)