Tag: Ratan Tata’s

Small finance bank RGVN to raise $20 mn from IFC

RGVN, one of the 10 recipients of the small finance bank (SFB) license, will raise around $20 million (approximately Rs 130 crore) from the International Finance Corporation (IFC). IFC, the World Bank’s investment arm, said that it would invest up to $20 million in RGVN in the form of a sen…

Ratan Tata’s start-up bets

Ratan Tata invested in as many as 29 startups in the past two years through March 2016. He took minority stakes in 22 companies in fiscal 2016, three times more than the previous year when he chose seven to bet on, according to Tracxn Technologies, a data analytics company. Eight of the prominent…

Indian start-up ecosystem lucky to have Ratan Tata’s support: Ola Founder

Mumbai: Amid the corporate war raging within Tata Sons, which has also highlighted Ratan Tata’s work as angel investor in startups after his earlier retirement in 2012, startup founders have come out in strong support of the Tata scion. Ratan Tata-funded cab aggregator Ola founder Bhavish A…

India’s growth is in its small businesses: Nandan Nilekani

One of the founders of iconic IT company Infosys and the brain behind Aadhaar, Nandan Nilekani wears several hats these days — that of a philanthropist, angel for start-ups and an evangelist for re-imagining India. In an interview, Nilekani shared his views on a variety of issues concerning the c…