FUNDING

TRACXN joins Ratan Tata’s 21st startup portfolio

Ratan Tata took his startup tally to 21 by investing in TRAXCN. This year he already made two investments including Dogspot a ecommerce vet supply store.

Tracxn a startup investment research and analytic company had earlier raised angel funding from investors including the founders of Flipkart, Sachin Bansal and Binny Bansal, as well as $3.5M in a Series-A round from SAIF Partners in April 2015.

Here is a look at 21 Investments so far made by RATAN TATA

Altaeros Energies
Boston-based Altaeros was founded in 2010 at the Massachusetts Institute of Technology (MIT) to commercialise the world’s first airborne wind turbine. Operating up to 2,000 feet (600 metres) above ground, the Altaeros BAT generates over twice the energy of similarly-sized towermounted wind turbines.
Snapdeal
Ratan Tata’s investment in one of India’s largest horizontal online retailers put his interest in the country’s online startups in the spotlight. Snapdeal has been on an acquisition spree over the last two quarters and also counts another billionaire, Wipro’s Azim Premji, as a shareholder
Bluestone
The online jewellery retailer has been founded by IIT graduate Gaurav Singh Kushwaha and Vidya Nataraj, with seed funding from serial entrepreneur duo Meena and K. Ganesh’s platform GrowthStory
Urban Ladder
The online furniture etailer was founded by IIM-Bangalore MBAs Ashish Goel and Rajiv Srivatsa in July 2012. The startup is now planning to move into home decor solutions, as it looks to corner a large pie of the market
Swasth India
The Mumbai-based affordable healthcare startup is focused on providing medical services to lowincome population. The company was founded by former consultants and IIT Bombay graduates Sundeep Kapila and Ankur Pegu
CarDekho
The Jaipur-based online auto classifi eds player was founded in 2007 by Amit and Anurag Jain, both IITDelhi alumni. The company also runs other portals like BikeDekho and PriceDekho, and last year acquired Gaadi from South African media giant Naspers to consolidate its presence in the Indian market
Grameen Capital
The Mumbai-based investment advisory company focuses on the impact investments space, ranging from microfi nance companies to education and healthcare venture catering to the bottom-of-the-pyramid segment. Tata, along with mining tycoon Shrinivas Dempo and investment banker Vikram Gandhi, picked up equity in the NBFC which will lend to social enterprises.
Paytm
The Noida-based company has successfully transitioned from a value-added services player to an online wallet Paytm, which it says now has 80 million accounts. The company is now moving into etailing as it looks to compete with Flipkart and Snapdeal
YourStory
A Startup focused News portal by sharada Sharma
Xiaomi
The Chinese smartphone maker launched in India last year, with its product becoming an instant hit in the market, with inventory running out in minutes. Founded by serial entrepreneur Lei Jun, Xiaomi is said to have recorded sales of $12 billion in 2014
Kaaryah
Ratan Tata’s latest investment is a women’s non-casual wear, which has been founded by former Honeywell director of strategy Nidhi Agarwal Kashyap
Holachef
Launched in 2014 by Saurabh Saxena and Anil Kalra, this is a food-tech start-up where amateur and professional chefs can come together and sell their meals.
Ola
In less than three months after Ola announced a $400 million funding round, led by Russian investment firm DST Global, Tata announced its investment in the online car services company, which valued the company at $2.5 billion.
Infinite Analytics
Founded in 2012 by MIT graduates Akash Bhatia and Purushotam Botla, this is a US based predictive marketing and Analysis Company. The company deals with deep machine learning and predictive analytics by merging data from multiple sources to create a 360-degree view of the user.
Ampere
Ampere sells electric vehicles, cycles, trolleys and scooters. It also sells vehicles for differently-abled. It was founded by Hemalata Annamalai.
Lybrate
Healthcare communication start-up, Lybrate connects doctors with patients anonymously throughout India anywhere and anytime. They raised $10.2 m in Series A funding from Ratan Tata, Tiger Global, Nexus Venture Partners.

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