Which investment app is backed by Ratan Tata?
MUMBAI: In the high-stakes discount stock broking sector, Ratan Tata-backed Upstox is looking to further turn up the heat on sector leader Zerodha by aiming to double its current user base to 10 million by March 2022 with the help of a major platform revamp.
Which startup did Ratan Tata invest in?
iKure on Tuesday said veteran industrialist Ratan Tata has invested in the company an undisclosed sum. Healthcare services startup, iKure on Tuesday said veteran industrialist Ratan Tata has invested in the company an undisclosed sum.
In which company Tata has invested?
Ratan Tata Invests In Mumbai-Based Logistics Tech Startup Mailit. Tata Group chairman emeritus Ratan Tata has invested an undisclosed amount in Mumbai-based logistics company Mailit, according to a report by news agency PTI.
How much did Ratan Tata invest in Paytm?
Tata group Chairman Emeritus Ratan Tata, who had picked up a small stake in Paytm in 2015 is also selling his stake. Tata owns 75,000 equity shares, making up less than 0.5 percent of the current company.
Is Upstox really backed by Ratan Tata?
Yes. Upstox is an online discount stock broker backed by funding from Mr. Ratan Tata. He held 1.33% stake in the company As of Jan 2020.
How can I get funding for Ratan Tata?
Some of the e-mail addresses that can be corresponded to are [email protected], [email protected], [email protected], or [email protected]. 3. Alternatively, contacting Mr. Venkatramanan from Tata trusts would give a chance to meet Ratan Tata for presenting the idea.
How can I get funding from Tata?
The best way to get in touch with the former Tata group chairman would be to write a letter explaining the idea and reasons for seeking investment. Talking about the risks and the opportunities that the idea provides will provide an edge over the thousands of ideas that are directed at him for investment.
Is Paytm lost?
The report states that Paytm has been a cash-burning machine, spinning off several businesses with no visibility on achieving profitability. The analysts mention that the company has drawn in equity capital of ₹19,000 crore since its inception, of which nearly 70% (₹13,200 crore) has gone towards funding losses.
Who owns Paytm now?
One97 Communications
Paytm/Parent organizations
About Paytm Group The company is on a mission to bring half a billion Indians into the mainstream economy through payments, commerce, banking, investments, and financial services. One97 Communications Limited that owns the brand Paytm is founded by Vijay Shekhar Sharma and is headquartered in Noida, Uttar Pradesh.
Who funded Upstox?
Upstox, backed by Ratan Tata and Tiger Global, earlier said in July that more than 70 per cent of its over 2 million new customers are first-time investors and under-36 — something even traditional brokerages also back given the massive over 20 million new investors coming in the market during the pandemic year.