News on Medial

Ratan Tata: The quiet force behind many startup successes

YourStory · 1m

- Ratan Tata, Chairman Emeritus of Tata Group, played a significant role in pioneering investments from the corporate world into Indian startups. - He invested in approximately 45 Indian startups, including Paytm, Snapdeal, Curefit, and Bluestone, in his personal capacity and through his investment arm, UC-RNT. - Many of his investments were made between 2015-2017, when Tata emerged as a leading angel investor in companies like Ola and Paytm. - Some of his investments, such as FirstCry, have yielded tremendous returns, with gains close to 450% for an investment made in 2016. - Apart from funding startups, Tata also held advisory roles at venture capital firms and had a wide impact on the Indian startup ecosystem. - His legacy as a business leader, known for his compassion, humility, and kindness, will continue to inspire millions.