Ratan tata | Pixr8 News

6Jan By AdityaNo Comments

FUNDING

Tracxn a Data Analytics Based Startup Secures Funding From Ratan Tata

Tracxn a data analytics based startup has secured funding from Ratan Tata. The amount has not been disclosed. Started in May 2013, by Goyal and Neha Singh, Tracxn has increased its customer base and team. As per the recent report, Tacxn connected 9295 startups to the investors. Tracxn provides information on start-ups to over 6,000 clients across India, the US, the Middle East, South-East Asia and Europe, and claims to sign up at least one new client every day. “We belong to a generation whose formative years were spent observing Mr Tata’s way of building companies. So, when we saw he was investing in start-ups, we reached out to him,” said Goyal. “There are about 1 lakh funded companies. But there is a universe of about 1 million companies who are unfunded. We organize...

Ratan Tata invests in pet care portal DogSpot.in

4Jan By Press Trust of IndiaNo Comments

FUNDING

Ratan Tata invests in pet care portal DogSpot.in

New Delhi, Jan 4 (PTI) Top industrialist Ratan Tata has invested in pet care portal DogSpot.in, continuing the slew of investments he has made in various startups globally. However, the value of the investment was not disclosed. "Ratan Tata has invested an undisclosed amount in DogSpot.in. Ronnie Screwala also invested in this round along with a few new and existing investors," DogSpot.in co-founder and CEO Rana Atheya said. The other investors in this round include Ashok Mittal, Rishi Parti, Dheeraj Jain and Abhijeet Pai. "The investment by Mr Tata is an endorsement of the long-held belief by us and our investors that the Indian pet care sector is going through a phase of huge growth and transformation. DogSpot.in is poised to become an agent of this transformation," he said. Prev...

Indian Startups get $8.4 bn funding in 2015; Nearly 1k deals inked

26Dec By Press Trust of IndiaNo Comments

FUNDING, News

Indian Startups get $8.4 bn funding in 2015; Nearly 1k deals inked

Making it a year of startups, Indian and foreign investors have pumped in a whopping USD 8.4 billion in new Indian startup ventures, including e-commerce platforms in 2015 through close to 1,000 deals, even as questions have begun to be asked about their hefty valuations. Those opening the purse for Indian start-up s included industry titans like Ratan Tata and N R Narayana Murthy as also marquee global investors like Alibaba and Softbank. According to data compiled by domestic technology and startup blog, as many as 936 deals worth over USD 8.4 billion have been inked this year -- up from 304 deals worth USD 5 billion that took place in 2014. The industry is looking at a promising 2016, though experts and even the investors anticipate correction on the valuation side. The sectors...

24Oct By AnkitaNo Comments

FUNDING

Ratan Tata And American Express Join Series A Funding Round Of Digital Currency Start-Up Abra

MOUNTAIN VIEW, CALIFORNIA – Abra, the company changing how people use cash and their smartphones to send and receive money around the world, announced that the Abra app will be available to all registered users in the US and Philippines in the coming weeks, with more countries to follow soon. The company also announced their entry into online, digital cash-based merchant payments. In addition, Abra announced that Ratan Tata, the Chairman Emeritus of Tata Sons, and American Express have made strategic investments in Abra as part of the recently-announced Series A round. These are the first investments in the crypto currency world for both American Express and Ratan Tata. “As people and businesses transact more globally, there’s a need for more convenient and affordable w...

Ratan Tata to inaugurate T-Hub, the biggest start-up incubator

18Oct By No Comments

News

Ratan Tata to inaugurate T-Hub, the biggest start-up incubator

T-Hub, the country's biggest start-up incubator, will be inaugurated by Tata Sons chairman emiritus Ratan Tata on November 5. Telangana Governor ESL Narasimhan and Chief Minister K Chandrasekhar Rao will also attend the event. The inauguration was originally scheduled on September 7 but had to be postponed due to non-availability of Tata. (more…)

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 ...