Ratan Tata, known for his role in developing enduring businesses over decades, embraced the startup ecosystem after his retirement, even as new-age companies often adopted unconventional approaches.
His foray into this domain began in 2014 with an investment in Snapdeal, at a time when India’s startup scene was still emerging and securing a billion-dollar valuation was rare.
Tata invested in over 50 startups, both in India and internationally, including well-known names like Ola, Upstox, Lenskart, CarDekho, FirstCry, Paytm, and Bluestone, many of which have successfully gone public.
Most of his investments were channeled through his personal investment firm, RNT Associates, as well as UC-RNT, a fund established in collaboration with the University of California.
In 2019, Tata described himself as an “accidental” investor in startups, expressing his belief in the sector’s significant growth potential.
In Tata's own words, understanding the mindset, maturity, and seriousness of founders was far more important to him than any other factor.
Tata’s involvement extended beyond financial contributions; he offered invaluable knowledge and mentorship to emerging entrepreneurs, helping them refine their strategies.
Amit Jain, co-founder and CEO of CarDekho, noted that Tata's guidance was instrumental for startups.
“His incredible insights from decades in the automobile sector gave us the mentorship we couldn't have dreamed of... his words on balancing risks with rewards are something I often reflect upon for inspiration,” Jain said.
Before his demise, Tata exited from some ventures, including Lenskart and FirstCry, as well.
Founders highlighted that Tata's insights shaped the business strategies of numerous startups, while his investments provided essential capital to fuel their growth.
(With TOI Inputs)
His foray into this domain began in 2014 with an investment in Snapdeal, at a time when India’s startup scene was still emerging and securing a billion-dollar valuation was rare.
Tata invested in over 50 startups, both in India and internationally, including well-known names like Ola, Upstox, Lenskart, CarDekho, FirstCry, Paytm, and Bluestone, many of which have successfully gone public.
Most of his investments were channeled through his personal investment firm, RNT Associates, as well as UC-RNT, a fund established in collaboration with the University of California.
In 2019, Tata described himself as an “accidental” investor in startups, expressing his belief in the sector’s significant growth potential.
In Tata's own words, understanding the mindset, maturity, and seriousness of founders was far more important to him than any other factor.
Tata’s involvement extended beyond financial contributions; he offered invaluable knowledge and mentorship to emerging entrepreneurs, helping them refine their strategies.
Amit Jain, co-founder and CEO of CarDekho, noted that Tata's guidance was instrumental for startups.
“His incredible insights from decades in the automobile sector gave us the mentorship we couldn't have dreamed of... his words on balancing risks with rewards are something I often reflect upon for inspiration,” Jain said.
Before his demise, Tata exited from some ventures, including Lenskart and FirstCry, as well.
Founders highlighted that Tata's insights shaped the business strategies of numerous startups, while his investments provided essential capital to fuel their growth.
(With TOI Inputs)
