Ratan Tata's increased interest in startups, has placed bets on these companies in the last 3 months
The country's well-known industrialist Ratan Tata likes to invest in startups. Till now Ratan Tata has changed his picture by investing in many small companies. In the last three months, stakes have been made in many startups from the Tata group. Let's know the complete details of investment. Ratan Tata has changed his picture by investing in many small companies. In the last three months, stakes have been made in many startups from the Tata group. Ratan Tata has been investing in small startup companies. It was first started in the year 2014 by investing in Altiros Energy. After this Tata also invested in companies like UrbanClap, Lenskart, Abra, Dogspot, Firstcry, Lybrate, Holachef, Car Dekho, Generic Aadhar, Grameen Capital, Snapdeal, Blue Stone, Urban Ladder, Jivame, CashKaro, Paytm, Ola. Tata has also acquired over 65 per cent stake in Alibaba Group's Big Basket. Big Basket has business in 25 cities in India. It has 50,000 stock holding units.
Apart from this, has also invested in pharma company 1 MG. Tata Digital has said that investing in 1MG will strengthen Tata's ability to provide an immersive experience to its customers and deliver quality products and services in the e-pharmacy and e-diagnostic sectors. In recent months, Ratan Tata has invested in Pritish Nandy Communications and mailroom logistics management company Melit. Pritish Nandy is active in Communications Entertainment Industries. At the same time, there is a logistics management company Melit. Recently, Tata Group's Digital has announced an investment of USD 75 million (about Rs 550 crore) in fitness-focused CureFit Healthcare. Tata Digital Limited, a 100% subsidiary of Tata Sons, has signed a Memorandum of Understanding (MoU) for investment in CureFit Healthcare.