Earlier this week, Ratan Tata invested an undisclosed amount in the online food delivery platform Holachef. Prior to this Holachef raised Rs 20 crore in a round of funding from Kalaari Capital and existing investor India Quotient in June. The company also raised Rs 2 crore in its seed round of funding from India Quotient in February this year. Tata has invested in over a dozen startups over the last year or so in his personal capacity, although the amount has never been disclosed. These include startups from varying fields including - Earlier this month Tata invested in the predictive analytics firm Infinite Analytics. The company said it would use the funding to expand its predictive analytics technology to segments other than ecommerce and retail. - Tata made an investment in YourStory just last month. This included funding from Kalaari Capital, Qualcomm Ventures and T V Mohandas Pai. The publication said it would use the funds to publish original stories in various Indian languages starting with Telugu, Bengali, Hindi, Marathi, Kannada and Tamil. - In July, Lybrate raised $10.2 million funding from Tiger Global Management, Ratan Tata and existing investors Nexus Venture Partners. The company said that it would use the funds for product development, hiring and to scale its operations to other cities. The company had previously raised $1.23 million in funding from Nexus Venture Partners in August last year. - The same month, the online cab aggregator Ola raised funds from Ratan Tata. “Mr. Tata’s inclination towards transportation…
Please subscribe to MediaNama. Don't share prints and PDFs.
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
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...
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...