This marks Mr. Tata’s entry as an investor in a manufacturing tech-startup.With his expertise and keen interest in the sector, Mr. Tata will play an important role in mentoring Moglix on business growth, global expansion and leadership.Moglix recently raised funding from Accel Partners and Jungle Ventures.
Started in 2013, by ex-investors Neha Singh and Abhishek Goyal, Tracxn is a startup research platform. Tracxn has increased its Analyst team size from 25 to 125 in a year. The company claims that the client base has also seen a 400% increase over the last one year. The company had earlier raised a $3.5M.
Ronnie Screwvala along with Ashok Mittal, Rishi Parti, Dheeraj Jain and Abhijeet Pai also invested in the Gurgaon based startup. The funding will be used to expand the product offerings, upgrade technology and strengthen team. The startup had raised an early stage funding from India Quotient in 2013.
Urbanclap recently raised $25 million in Series B led by Bessemer Venture Partners, Accel Partners, and SAIF.The company is operational in six cities–NCR, Bangalore, Mumbai, Chennai, Pune and Hyderabad–serving thousands of customers each day through our network of 25000+ service professionals.
After Kalaari Capital, Ratan Tata has joined IDG Ventures as a senior advisor advising portfolio companies. Ratan Tata has been extremely active angel investor and some of his portfolio includes Snapdeal, UrbanLadder, Ola, Xiaomi and others.
Mumbai-based online marketplace for chefs, Holachef was founded in September 2014 and had raised a seed fund of Rs 2 crore by India Quotient in February 2015. RatanTata’s investment is part of the series A round of Holachef which the food-tech startup raised (20 crores) from Kalaari Capital this year.