Ratan Tata is among the world’s most influential industrialists. He set up RNT Associate in 2009, three years before retiring from TATA Sons.
After heading the $100 billion Tata Group for 24 years, Ratan Tata has turned into a serial investor. The conglomerate invested his private wealth in 30 startups and is constantly adding to the list.
Here is a list of various startups he as invested in.
Snapdeal, Indian e-commerce based in New Delhi, was the first e-commerce backed by Ratan Tata in 2014. Tata reportedly holds a 0.17% stake in the startup.
Ratan Tata invested an undisclosed amount in domestic ride-sharing company Ola‘s newly-launched electric vehicle (EV) arm Ola Electric Mobility (OEMPL) as part of its Series of a round of funding. Tata was also an early investor in Ola‘s parent company ANI Technologie.
Ola is aiming to launch 10,000 electric vehicles in India by the end of March 2020.
Cure.fit was founded in 2016 by Myntra co-founder Mukesh Bansal and former Flipkart chief business officer, Ankit Nagori. Indian health startup, Cure.fit, raised $170 million from investors including Ratan Tata, Accel Partners, and Chiratae Ventures.
Ratan Tata also invested in Girnar Software, the company which manages CarDekho. The startup recently raised $20 million in series C round led by Cayman Islands-based SC GG India Mobility Holdings.
In 2015, Tata bought a small stake in One97 Communication, the company that owns & manages Paytm. He also took the role of an advisor.
Urban Clap, an online furniture retailer, was founded in the year 2014 by Abhiraj Bhal, Varun Khaitan, and Raghav Chandra. Tata invested an undisclosed amount in Urban Clap the same year. The company had raised $50 in a series of funding led by Steadview Capital in 2018.
Clima Cell is a startup that aims to predict accurate weather conditions. Ratan Tata backed the startup in 2016 by investing the seed money. The start-up has raised $70 million so far. It has placed big bets to predict when floods will hit India next.