Tata sons’ chairman emeritus Ratan N Tata has been actively investing in e-commerce start-ups. His latest investment is of an undisclosed amount towards UrbanClap, an online service providing platform. UrbanClap helps people find service professionals. From plumbers to hair stylists, yoga teacher, interior designer, the platform has it all.
The company has its presence in six cities — NCR, Bangalore, Mumbai, Chennai, Pune and Hyderabad. The platform provides services to thousands of customers each day through a network of 25000+ service professionals.
Ratan Tata may have officially announced his retirement in 2012, but that does not mean his life’s work is over. He has been actively investing in many start-ups that have potential. Tata has also been undertaking a lot of social causes. He recently announced a tie-up with Google and Intel to help more and more women be able to access the internet.
Here is a list of recent investments that he made:
Snapdeal, August 27th, 2014
Ratan Tata invested an undisclosed amount to the online shopping portal that was recently in the middle of a controversy for having Bollywood actor Aamir Khan as its brand ambassador after Khan had spoken out against the intolerance in the country.
Urban Ladder, November 15, 2014
It is an e-commerce portal that sells furniture and home décor. It was started by IIM Bangalore graduates, Ashish Goel and Rajiv Srivatsa in July 2012
Cardekho.com, February 8th, 2014
The website lets users buy, sell and compare prices of various cars in the market. The company was started by two IIT-Delhi graduates, Anuraj and Amit Jain.
One97Communications
One97 Communications is the company that operates Paytm which is an online payment solution company. The company now also offers the option of an online wallet to its users now.
Xiaomi, April 26, 2015
Tata was the first Indian to invest in China’s largest smartphone maker.
Fashion portal Kaaryah, June 2015
Ratan Tata invested in Nidhi Agarwal Kashyap’s online fashion portal that deals with non-casual wear for women after she sent him a mail.
