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Popular Startups That Secured Funds From Ratan Tata

2Jul By Gauri SinghNo Comments

FUNDING

Popular Startups That Secured Funds From Ratan Tata

Indian industrialist and investor, Ratan Naval Tata who is well known as the former chairman of the popular conglomerate Tata Sons (one of the two holding companies of Tata group). Ratan Tata has done a commendable job in terms of investment activities and has been taking a keen interest in the Indian Startup ecosystem. With the help of his private investment company RNT Associates, Tata has marked his footsteps on various startups in the country. Though most of his investments are undisclosed amounts, it is a big honor for startups that are successful in bringing Ratan Tata on board. Also, you might be thrilled to know that Tata has been honored with the Padma Vibhushan in 2008 and Padma Bhushan in 2000, the second and third highest civilian honors awarded by the Government of India. ...

14Feb By RishabhNo Comments

FUNDING

Food-tech Startup Holachef Raises Rs 2 Crore Funding

Mumbai based diamond manufacturer and distributor Laxmi Diamond Pvt Ltd's Ashok Kumar Gajera has invested Rs 2 crore in food technology startup Holachef a financial daily reported. Holachef is a food delivery service from its "innovative food combos". The funding is raised at the same valuation as its $5 million Series B round which was held in April, last year. The food delivery startup had raised around $5 million from its existing investors- Kalaari Capital, and was participated by SIDBI Venture Capital and India Quotient, as per the filings with the Registrar of Companies and documents. The Series-B round was completed in two rounds- valuing the company at Rs 143 crore. The startup has been working to build up its team and scale its logistics infrastructure to streamline the busi...

Ratan Tata will advise IDG Ventures India as a senior advisor

10Sep By No Comments

News

Ratan Tata will advise IDG Ventures India as a senior advisor

Ratan Tata has joined the advisory board of venture capital firm IDG Ventures India as a senior advisor, third such move by Tata Sons' chairman emeritus this year. IDG Ventures, which holds stakes in e-tailer Flipkart and online travel portal Yatra, has offices in Delhi and Bengaluru. Tata will be advising IDG Ventures India and portfolio entrepreneurs on its overall business strategy and growth, global expansion, team building and leadership. He will also be a special invitee, on selective basis, in portfolio company board meetings on strategic matters, said a statement. The venture capital firm, which completes ninth year of operations in India, has backed 50 companies from its funds committing over Rs 1,000 crore in the Indian early stage technology venture capital market. Other p...

Ratan Tata invests in food startup Holachef

3Sep By No Comments

News

Ratan Tata invests in food startup Holachef

Chairman emeritus of Tata Sons Ratan Tata has made a personal investment of an undisclosed amount in the online marketplace for chefs Holachef. Launched in September 2014 by Saurabh Saxena and Anil Gelra, Holachef has seen substantial growth in Mumbai and Pune, the company said in a statement today. "Ratan Tata's name and body of work is synonymous with trust and consumer focus. With his guidance, Holachef is looking to become a leader in the food-tech space," Saurabh Saxena, Co-founder and chief executive Holachef said. Ratan Tata in his personal capacity has invested in over a dozen new businesses so far, most of them being technology driven. Holachef had raised a first strategic round of funding (Series A) of Rs 20 crore in a round led by Kalaari Capital in June 2015. Anand ...