wordpress blog stats
Connect with us

Hi, what are you looking for?

Ratan Tata invests in women’s fashion portal Kaaryah

Kaaryah

Ratan Tata, chairman emeritus of Tata and Sons, has invested an undisclosed amount in women’s fashion formal wear portal Kaaryah. The portal is looking to cater to women’s non-casual segment and offers western wear in 18 sizes. The site emphasizes on finding and customizing fit that can work for women’s body shapes and sizes.

The portal was founded by Nidhi Agarwal who brings more than 15 years of experience in strategy, new technology marketing and finance. Before launching her own brand, Nidhi was the director, strategy at Honeywell India where she helped build their space & Missiles business. Prior to that she was a strategy consultant at Bain&Co. where she helped draft market entry strategies for consumer goods companies.

Competition

–  In August 2014, Arvind Internet Limited (AIL), the online arm of the textile manufacturer and retailer Arvind Ltd., launched an online clothing brand called Creyate, to offer customizable clothing to consumers. The initiative does not allow first time consumers to purchase goods from the site directly, instead it displays a ‘get measured’ button, following which a “Style Steward” visits and measures the customer.

– Fabric retailer, marketer and manufacturer Raymond Limited launched its official online store RaymondNext.com in March last year, which is an e-commerce platform for all Raymond brands and services.

Advertisement. Scroll to continue reading.

– There’s also Limeroad.com,  a  social shopping platform targeted at women, which offers products from categories including apparel, accessories, home decor, and food.

– Lets not forget Myntra, Jabong and Amazon India which have their own fashion and apparel sections.

Other investments by Ratan Tata 

– In April, Chinese smartphone maker Xiaomi has raised an undisclosed amount of funding from Ratan Tata, who invested in his personal capacity. According to the company, Tata will act as a key advisor as it looks to expand in India.

– In February,  CarDekho.com raised an undisclosed amount of funding from Ratan Tata. The financial details of the deal and the percentage of stake remains undisclosed at present.

– Ratan Tata has also made a personal investment in Snapdeal. Again, the investment amount was not disclosed.

Advertisement. Scroll to continue reading.

– Tata also picked up a minor stake in payments and mobile marketplace company Paytm in March.

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Find out how people’s health data is understood to have value and who can benefit from that value.

News

The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.

News

When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

News

In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ