To cash in on the burgeoning ecommerce industry,emeritus tycoon-Ratan Tata is betting big on online startups..
Ever since he stepped down from his day-to-day responsibilities at the Tata Group, legendary businessman Ratan Tata has notched up 10 investments in startups.
Further, Tata's personal investment portfolio is spreading across India's hottest online portals, from clean energy to fashion.
Besides, the investments are typically between Rs 1-5 crore and made through RNT Associates. Here is a look at his portfolio and how it scores.
Boston-based Altaeros was founded in 2010 at the Massachusetts Institute of Technology (MIT) to commercialize the world's first airborne wind turbine. Operating up to 2,000 feet (600 metres) above ground, the Altaeros BAT generates over twice the energy of similarly-sized towermounted wind turbines.
Ratan Tata's investment in one of India's largest horizontal online retailers put his interest in the country's online startups in the spotlight. Snapdeal has been on an acquisition spree over the last two quarters and also counts another billionaire, Wipro's Azim Premji, as a shareholder
Besides, it recieved funding from Tata around August 2014.Tata is believed to have invested less than Rs 5 crore, buying 256 shares from Snapdeal's angel investors including Kenneth Glass.
Snapdeal was valued at $1 billion before Ratan Tata invested. The valuation has increased to $5 billion now.
The online jewellery retailer has been founded by IIT graduate Gaurav Singh Kushwaha and Vidya Nataraj, with seed funding from serial entrepreneur duo Meena and K. Ganesh's platform GrowthStory. Ratan Tata invested around September 2014.
Atpresent, Bluestone was valued at Rs 135 crore when it raised funding from Kalaari Capital, when Tata also co-invested. The Bengaluru-based startup is currently in talks to raise another $20 million.
Furniture etailer, Urban Ladder was founded by IIM-Bangalore MBAs Ashish Goel and Rajiv Srivatsa in July 2012. The startup is now planning to move into home decor solutions, as it looks to corner a large pie of the market. Got funding in November 2014.
UrbanLadder was valued at around $70 million when it raised funds in July 2014 to over $200 million in March 2015 when it raised a new round of funding.
The Mumbai-based affordable healthcare startup is focused on providing medical services to lowincome population. The company was founded by former consultants and IIT Bombay graduates Sundeep Kapila and Ankur Pegu.Ratan Tata invested around Rs 2 crore in December 2014.
The Jaipur-based online auto classifi eds player was founded in 2007 by Amit and Anurag Jain, both IITDelhi alumni. The company also runs other portals like BikeDekho and PriceDekho, and last year acquired Gaadi from South African media giant Naspers to consolidate its presence in the Indian market.Tata invested in the brand around february 2015.
Initially CarDekho was valued at $300 million when it raised $50 million from investors like China's Hillhouse Capital in January this year. Last month, it managed to rope in HDFC Bank as an investor, one of the rare investment by a lender in Indian dotcoms
The Mumbai-based investment advisory company focuses on the impact investments space, ranging from microfinance companies to education and healthcare venture catering to the bottom-of-the-pyramid segment. Tata, along with mining tycoon Shrinivas Dempo and investment banker Vikram Gandhi, picked up equity in the NBFC which will lend to social enterprises.
One97 Communications (Paytm)
The Noida-based company has successfully transitioned from a value-added services player to an online wallet Paytm, which it says now has 80 million accounts. The company is now moving into etailing as it looks to compete with Flipkart and Snapdeal
Before Ratan Tata's investment in March 2015, One97 said it had raised $575 million from Alibaba's affi liate, Alipay. The company is in talks to raise another round of funding
The Chinese smartphone maker launched in India last year, with its product becoming an instant hit in the market, with inventory running out in minutes. Founded by serial entrepreneur Lei Jun, Xiaomi is said to have recorded sales of $12 billion in 2014
Xiaomi is the world's most valuable privately-held tech startup, with a fi nancing round in December 2014 pegging its worth $45 billion
Ratan Tata's latest investment is a women's non-casual wear, which has been founded by former Honeywell director of strategy Nidhi Agarwal Kashyap.
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