Ratan Tata has invested in several startups many of which are the huge hit. Ratan Tata a serial start-up investor, has said he will support startups that have founders who have a passion to build a sustainable company rather than scaling it up just to sell it. In an interview, he said- “A founder who has a passion to stay with something and build it into a sustainable company is somebody I tend to support,”
Here are 39 Startups supported by Ratan Tata you need to know,
Started in 2017, was the first online marketplace for multiple categories which has also been funded by majors like eBay and Alibaba. He is believed to have picked up a 0.17% stake in Snapdeal in August 2014, when he invested less than Rs 5 crore. Tata bought 256 shares from the e-commerce company’s angel investors, including Kenneth Glass. The news came right after Snapdeal tied up with Tata Value Homes to sell apartments across five cities (Bangalore, Chennai, Pune, Mumbai, and Ahmedabad).
The company began operations in 2010 and secured funding from Ratan Tata in July 2015. The chairman emeritus of Tata Sons invested in the company in his personal capacity. Tata’s venture capital firm RNT Capital Advisors also made an investment of Rs 400 crore in Ola a few days back.
3. Urban Ladder
It is currently present in 12 cities around India. The online furniture retailer secured supported by Ratan Tata in November 2015. The company raised $77 million has three consumer-facing apps and is a curated furniture seller. In July 2012, Ashish Goel and Rajiv Srivatsa decided to start Urban Ladder, an online furniture site with over 1000 products across 25 categories carefully designed to align with anyone’s idea of a ‘beautiful home.
Ratan Tata made a personal investment in auto classifieds portal CarDekho, reaffirming his bullishness around India’s rapidly growing digital consumption story.
Paytm was started by Vijay Shekhar Sharma as an online mobile recharge portal, but grew to an online marketplace for various categories ranging from movie tickets, bus reservation, recharges, bill payments and e-commerce platform. Paytm was licensed by RBI as the first payments bank in India last year.
8. Urban Clap
UrbanClap allows users to book over 80 services, including plumbing, electrical work, beauty, wellness, tutorials, and wedding photography.
Dogspot is an online pet care platform. The Gurgaon-based company had reportedly said in 2016 that they handle about 60,000 orders on a monthly basis with an average basket size of Rs 1,700. Dogspot also promotes pet-centric events and content.
Baby products retailer FirstCry raised an undisclosed amount in a fresh round of funding by Ratan Tata, chairman emeritus of Tata Sons Ltd. The company was started by Supam Maheshwari and Amitava Saha in 2010 and is an omnichannel platform for baby and maternity products in India.
Kyzoonga is an online ticket-booking platform that lets users search for events and book tickets for them in a hassle-free manner. So whether it is a concert you wish to attend, a sports event you wish to see or an amusement park or restaurant you want to go to, Kyzoonga is here to help.
This startup holds an interesting story as the founder, Nidhi Agarwal was rejected by 113 investors before being backed by Mr. Ratan Tata. The brand offers 18 different sizes of women formal wear, as opposed to a maximum of 6 by other major players. The amount of investment is still undisclosed.
Ratan Tata, chairman emeritus of Tata Sons, joined a clutch of investors, including American Express, First Round Capital, and Jungle Ventures, in a $14 million (Rs 91 crore) series A fundraising by US-based digital cash transfer company Abra. This was the first investment in digital payment services for Tata, who has previously shown interest in consumer-facing online ventures.
Online lingerie retailer Zivame became the cool startup to get funded by Tata Son’s chairman emeritus Ratan Tata. Zivame also closed a Series-C funding round of Rs 250 crore from Zodius Technology Fund and Khazanah Nasional Berhad, the strategic investment fund of the government of Malaysia.
Ratan Tata is the first Indian to buy a stake in Xiaomi. Xiaomi is an electronics company based in Beijing and is the best known for its affordable smartphones that are hugely popular in India. Although Xiaomi started its operations in China in 2010, it came to India in 2014.
21. Swasth India
The Mumbai-based affordable healthcare startup is focused on providing medical services to the low-income population. The company was founded by former consultants and IIT Bombay graduates Sundeep Kapila and Ankur Pegu. The company received funds of ₹2 crores in December 2014.
22. Infinite Analytics
Infinite Analytics, a company out of MIT announced a fundraising from Ratan Tata in August 2015 to expand its predictive analytics technology to verticals beyond retail and e-commerce. Existing investors like Nikhil Vora of Sixth Sense Ventures and new investors from Silicon Valley and India also participated in the round.
23. Crayon data
A Startup supported by Ratan Tata undisclosed amount in Singapore-based big data company Crayon Data. The investment was made in his personal capacity. Crayon, a portfolio company of Jungle Ventures, previously raised 10 million Singapore dollars in seed and Series A funding from angel institutional investors like Jungle Ventures and Spring Seeds.
Ratan Tata invested an undisclosed amount in Tracxn, a startup intelligence, and market research platform. Started in 2013, by ex-investors Neha Singh (ex-Sequoia Capital) and Abhishek Goyal (ex-Accel Partners), Tracxn leverages intelligent data analytics and a sector-focused analyst team to help venture global capital funds, private equity firms, corporate development, and strategy teams track the dynamic startup market and identify interesting investable companies and upcoming sectors.
Food-tech Startup supported by Ratan Tata- Chakki Pvt. Ltd acquired an undisclosed amount of seed funding. Ltd. Idea Chakki was set up in 2013 by Monica Narula, Gunjan Mehrish, and Noopur Tiwari, all former executives of media house NDTV. It released Dash as a vertical in June.
Ratan Tata has also invested in a couple of foreign start-ups, including US-based Altaeros Energy. He has picked up minority stakes in early-stage start-ups and Indian Unicorns like Ola, Snapdeal and Paytm.
YourStory, an online media article that profiles startups and entrepreneurs, raised an undisclosed amount from Ratan Tata. The investment round saw participation from veterans, including Vani Kola, managing director of Kalaari Capital; Karthee Madasamy, vice-president and managing director, Qualcomm Ventures; and former Infosys board member T V Mohandas Pai.
Sabse Technologies Inc is a Global telecom carrier, started by Hotmail founder Sabeer Bhatia, announced that Ratan Tata has made a strategic investment in the company. The Silicon Valley-based company, which operates Sabsebolo — the popular communications cloud platform for small and medium businesses.
Bengaluru-based retail technology startup SnapBizz raised an undisclosed round of funding from veteran industrialist Ratan Tata. SnapBizz solutions enable smart store management and a digital connection to consumers, FMCG companies, and distributors. SnapBizz was founded in 2013.
30. Bollant Industries
Hyderabad-based Bollant Industries built funding from Ratan Tata. During December 2015, in an exclusive interview with Yourstory, the company had announced that after raising Rs 9 crore in its first round of funding, it was planning to raise another Rs 13 crore.
31. Invictus Oncology
Ratan Tata in Invictus Oncology Private Limited, an innovation-driven oncology company developing next-generation cancer therapeutics, the company announced in a press release. This comes on the heel of the first B2B start-up, Moglix that was the latest investment of Tata.
Siliguri-based “Teabox” Startup supported by Ratan Tata, which caters to a worldwide market of tea-lovers, secured an undisclosed amount of funding from industrialist and prolific angel investor Ratan Tata in January 2016. Founded in 2012 by Kaushal Dugar, Teabox is a premium tea brand that is focused on the vertical integration of sourcing, branding and distributing teas – while upending the traditional tea-retailing model in the process.
NestAway Technologies startup supported by Ratan Tata, a statement said in February 2016. This was Tata’s eighth personal investment in a startup in 2016 until February. He has invested in over 20 startups until February 2016.
LetsVenture, an online platform for start-ups and angel investors to connect with each other, said Ratan Tata, and former Infosys board member Mohandas Pai, invested in a Series A round of funding, and have joined as advisers.
35. MadRat Games
MadRat Games, which launched a wearable gaming platform SuperSuit for kids & families last year raised fresh funds from a consortium of investors including Ratan Tata, Ola’s founders Bhavish Aggarwal and Ankit Bhati, Flipkart’s founder Binny Bansal, and Girish Mathrubootham of Freshdesk confirmed the company.
A San Francisco-based medical emergency response Startup supported by Ratan Tata, MUrgency Inc. The mobile app makes emergency response available with one tap on a mobile phone in under 9.0 minutes in urban areas.
Niki.ai, an artificial intelligence (AI) based chatbot Startup supported by Ratan Tata. The investment in the startup along with Ronnie Screwvala’s Unilazer, which did a follow-up round to their first seed investment.
Moglix, an e-commerce company specializing in the B2B procurement of industrial products in February 2016 announced that Mr. Ratan Tata, Chairman Emeritus at Tata Sons, had made an undisclosed financial investment in the startup. Moglix was founded in August 2015 by Rahul Garg, a former Google employee with experience in building global products and running sales across Asia.
39. Bollant Industries
Hyderabad-based Bollant Industries Startup supported by Ratan Tata. During December 2015, the company had announced that after raising Rs 9 crore in its first round of funding, it was planning to raise another Rs 13 crore, in an exclusive interview with Yourstory.