Tata group chairman emeritus Ratan Tata, a serial start-up investor, said on September 20 that he will support startups that have founders who have passion to build sustainable company rather than scaling it up just to sell it. Tata has been investing in startups in India and abroad. Some of thes…
Tag: Urban Ladder
Foodtech start-up BOX8 secures $1 m venture debt from Trifecta Capital
Mumbai-based on-demand food delivery start-up BOX8 has raised about $1 million (Rs 7 crore) in venture debt funding from Trifecta Capital. This development comes right on the heels of the start-up raising $7.5 million (Rs 50 crore) Series B funding from IIFL Seed Ventures Fund and Mayfield Ventur…
India’s start-up ecosystem in a correction mode: Trifecta Capital
Venture debt firm Trifecta Capital plans to invest across 15-20 startups during the current year with the deal size ranging from Rs 5 to 45 crore according to a top executive of the company. “We have made 18 investments in the last 15 months. Of the 18, we have committed about Rs 275 crore.…
Ratan Tata to resume investing in start-ups
Tata Sons interim chairman Ratan Tata has said he would go back to investing in startups this month after handing over the reins of the Tata group to N Chandrasekaran, Managing Director and chief executive of Tata Consultancy Services (TCS), who will formally take over on 23 February. After retir…
US-based Houzz bets on local content for success in India
US-based home design firm Houzz Inc. which opened its India website is hoping to capture the market with local content and communities, the company’s Co-Founder said. Houzz is an online scrapbook that allows designers and home service professionals display their work. This is its thirteenth launc…
e-Commerce cos grow revenues, but losses skyrocket
Even without the curbs imposed on them, e-retailers don’t seem to have made too much money in FY16. While for some companies, the losses doubled, for others, it trebled, indicating many of them are simply buying revenues. In other words, they are driving sales by offering customers big discounts …
Ratan Tata invests in wearables maker GOQii
New Delhi: Adding one more to his start-up funding list, leading industrialist and serial investor Ratan Tata has invested in virtual fitness coaching platform GOQii. The size of the funding was, however, not disclosed. The company, which is a leading player in the Indian wearables market, is bac…
Start ups in furniture sector finds momentum; study predicts 49% growth
Economic recession of 2008 and dynamic conditions of market have hit the furniture industry strongly in the past. It negatively impacted the power of Indian consumers to spend money on furniture but after few years from the year 2011, start-up environment started gaining momentum in the industry …
Pepperfry ups ante with furniture at cost of pizza
Online furniture and home décor marketplace Pepperfry, which hit the 3-million shipment milestone last month, is widening its net to lure a new set of customers who choose to rent furniture instead of buying it. After studying the operating model of furniture rental firms such as Furlenco, RentoM…
Ratan Tata picks stake in e-ticketing start-up Kyazoonga
Chairman Emeritus of Tata Sons, Ratan Tata, has continued with his investments into India’s burgeoning start-up space. On June 10, he announced an investment into e-ticketing company Kyazoonga, without disclosing the financial details. Together, Tata has now crossed over 30 investments in start-u…