Home FYI Ratan Tata Invests In Xiaomi !

ratan tataRata Tata has a knack of spotting great companies and after Snapdeal, Urbanladder, Paytm he has invested in Xiaomi, the Chinese mobile manufacturer valued at more than $45Bn.
Xiaomi earlier raised $1.1 Bn at $45Bn valuation from All-Stars Investment, Yuri Milner’s DST, GIC, Hopu Fund and Yunfeng Capital.

Given that Xiaomi has now gone ahead with selling in other ecommerce stores (they were earlier selling exclusively on Flipkart), will this deal lead to a distribution integration between Tata’s Croma and Xiaomi ?

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