Recently it was in financial express which had an amazing article, about the Rata Tata’s smart investments which shaped the young minds. Behind every successful startup, there’s an unique idea and an unique investor. Ratan Tata, known for his good deeds, has been an investor who has promoted these wonderful startup ideas. As per a report by GadgetsNow, here are the 10 start-ups which are already successful, and got a funding from Ratan Tata:
Paytm, India’s top e-wallet service, which stands among the most-used mobile applications in country has received a funding from Ratan Tata, Gadgetsnow.com reported. The applications popularity sky-rocketed when central government demonetized old currency. With this app users can pay via the app (using QR codes) and send money to individual mobile numbers attached with its service.
Ola Cabs is Indian version of worldwide cab service provider Uber. The app froms a mediator between cab driver and passenger, and provides a taxi instantly with just a few taps on the screen. The app earns by charging commission in from the cab drivers. The taxi provider app has a range of services across all price segments, ranging from economic to luxury.
Interestingly, Ratan Tata is the first Indian to buy a stake in Xiaomi, which is a Beijing-based Tech company, best known for its cheaper smartphones. The company launched it first product in India in the year 2014. Now, the company offers a number of tech devices, ranging from wrist watches to smart-bands. Xiaomi is known as comman man’s smarthphone.
E-commerce giant Snapdeal was the first tech startup Ratan Tata invested in. The e-commerce company, which faces a tough contest from industry giants like Amazon and Flipkart, got Tata’s funding in August 2014, when he invested less than Rs 5 crore. Tata is believed to have picked up a 0.17% stake in Snapdeal.
Zivame.com is another startup which received Ratan Tata’s backing. Founded in 2011, Zivame is an online lingerie selling platform. Started by Richa Kar and Kapil Karekar, this one of its kind startup gained popularity with its quirky campaigns.
Urban Ladder, a popular furniture selling platform based in Bengaluru, has also received funding from Ratan Tata. The app currently provides services in 12 cities around India. It is reported that Ratan Tata has funded this company in November 2015.
Cashbacks and coupons offering heavy discounts suddenly got popularity in India. Targetting the discount-seeking user, Cashkaro, a Gurgaon-based company was founded in 2013 by Swati and Rohan Bhargava. The company raised an undisclosed amount of funding from Ratan Tata in January 2016.
UrbanClap, an app which is popular for providing household services, raised an undisclosed amount in funding from Ratan Tata in December 2015.The application helps User book online services such as plumbing, electrical work, carpenter work etc.
Lenskart, a popular online retailer that sells optical items such as eye glasses, contact lenses, sunglasses, and more, received funding from Tata in April 2016. Lenskart has also started offline stores in major cities.
Cardekho, an online marketplace where users can buy, sell, and explore new and used cars, has also received funding from Ratan Tata. Ratan Tata had invested his money in Jaipur-based GirnarSoft, parent company of CarDekho.com, BikeDekho.com and PriceDekho.com